NOT LISTED FOR SALE

Estimated Value: $164,000 - $181,955

2 Beds
2 Baths
1,236 Sq Ft
$142/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $175,000 $142 Per Sq Ft

Current estimated payment $1,274/month

5 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Living Room
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of June 2024

Welcome to 1116 Pennway Drive, a charming 2-bedroom, 2-bathroom home nestled in the heart of Lansing, MI. Step inside to discover a welcoming living room boasting an open layout and abundant natural light, creating a bright and airy atmosphere ideal for relaxing or entertaining guests. The kitchen, with its charming size, offers functionality and convenience for culinary endeavors. Both bedrooms are bathed in sunlight, featuring two windows each that illuminate the space and provide a cozy retreat for rest and relaxation. Venture downstairs to discover the partially finished basement, offering versatility and additional living space. This lower level also hosts the convenience of a laundry area and another bathroom, adding functionality to the home. Outside, a delightful fenced yard off the side of the garage awaits, offering a private oasis for outdoor gatherings, gardening, or simply enjoying the tranquility of the surroundings. Conveniently located with easy access to highways, making commuting a breeze and providing quick access to amenities, dining, and entertainment options.

Last Agent to Sell the Property

Tracey Hernly & Co.

Howard Hanna Real Estate Executives Listed on: 05/16/2024

Last Buyer's Agent

Kaleb Burke

EXP Realty, LLC License #6501422149

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,332

Year Built

  • Built in 1952

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65x124
  • Chain Link Fence
  • Landscaped
  • Few Trees
  • Back Yard Fenced and Front Yard

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater

Community Details

  • Penn Way Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,332

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Primary
  • Tax Year: 2023
  • Levels: One
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1952
  • Fireplaces: 1
  • Lot Size Acres: 0.18
  • Lot Size: 65x124
  • Subdivision Name: Penn Way
  • Above Grade Finished Sq Ft: 768.0
  • Architectural Style: Ranch
  • Living Area: 1236.0
  • General Property Info:Lot Size Dimensions: 65x124
  • General Property Info:Above Grade Finished Area: 768.0
  • General Property Info:Total Livable Area: 1236.0
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Full Baths B: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Location Legal Info:Real Estate Owned: No
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Laundry Features:In Basement: Yes
  • Fencing:Chain Link: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Fencing:Back Yard: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Rooms:Laundry2: Yes
  • Cooling:None8: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1536.0
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Total Bedrooms: 2
  • Room: 5
  • Property Type: Residential
  • Laundry Level: Basement
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 468.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Full Basement: Yes
  • Community Features:Sidewalks: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Basement:Partially Finished: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Rain Gutters
  • Fencing: Back Yard, Chain Link
  • Lot Features: Back Yard, Few Trees, Front Yard, Landscaped
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Porch
  • Construction Type: Vinyl Siding
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

  • Parking Features: Attached, Driveway, Garage, Garage Faces Front
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage2: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Microwave, Water Heater, Washer, Refrigerator, Range, Oven, Dryer, Dishwasher
  • Cooling: None
  • LaundryFeatures: In Basement
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3332.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 11, 2024
Sold by
Rowan Cassidy Jo-Lynn and Webb Cassidy J
Bought by
Ray Gennie
Seller's Agent
Tracey Hernly & Co.
Howard Hanna Real Estate Executives
Buyer's Agent
Kaleb Burke
EXP Realty, LLC
List Price
$167,500
Sold Price
$175,000
Premium/Discount to List
$7,500
4.48%
Views
11
Current Estimated Value
$175,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$739
Avg. Annual Appreciation
-2.22%
Original Mortgage
$160,256
Outstanding Balance
$158,353
Interest Rate
7.02%
Mortgage Type
FHA
Estimated Equity
$11,581

Purchase Details

Closed on
May 28, 2021
Sold by
Webb Bryan D
Bought by
Webb Cassidy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
3.05%
Mortgage Type
Balloon

Purchase Details

Listed on
May 21, 2020
Closed on
Jun 29, 2020
Sold by
Blanck Check Homes Llc
Bought by
Webb Bryan D and Webb Cassidy J
Seller's Agent
James Kost
Coldwell Banker Professionals-E.L.
Buyer's Agent
Gayle Shaffer
Howard Hanna Real Estate Executives
List Price
$117,500
Sold Price
$125,000
Premium/Discount to List
$7,500
6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$127,875
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Listed on
Jul 23, 2018
Closed on
Sep 21, 2018
Sold by
Blanck Thomas
Bought by
Blanck Check Homes Llc
Seller's Agent
Terry Chapman
Coldwell Banker Professionals -Okemos
Buyer's Agent
James Kost
Coldwell Banker Professionals-E.L.
List Price
$57,000
Sold Price
$62,000
Premium/Discount to List
$5,000
8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.92%

Purchase Details

Listed on
Jul 23, 2018
Closed on
Aug 9, 2018
Sold by
Kelly John J
Bought by
Blanck Thomas
Seller's Agent
Terry Chapman
Coldwell Banker Professionals -Okemos
Buyer's Agent
James Kost
Coldwell Banker Professionals-E.L.
List Price
$57,000
Sold Price
$62,000
Premium/Discount to List
$5,000
8.77%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ray Gennie $175,000 Mid Michigan Title
Webb Cassidy J -- New Title Company Name
Webb Bryan D $125,000 Tri County Title Agency Llc
Blanck Check Homes Llc -- Tri County Title Agency Llc
Blanck Thomas $62,000 Tri County Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Webb Cassidy J $131,000
Previous Owner Webb Bryan D $127,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $175,000 +4.5% $142 / Sq Ft
05/16/2024 05/16/24 For Sale $167,500 +34.0% $136 / Sq Ft
06/29/2020 06/29/20 Sold $125,000 +6.4% $163 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $117,500 +89.5% $153 / Sq Ft
08/09/2018 08/09/18 Sold $62,000 +8.8% $81 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $57,000 -- $74 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,098 $80,900 $9,200 $71,700
2024 $33 $69,400 $9,200 $60,200
2023 $3,332 $56,000 $9,200 $46,800
2022 $3,002 $49,600 $8,700 $40,900
2021 $2,630 $42,400 $6,000 $36,400
2020 $3,154 $39,600 $6,000 $33,600
2019 $3,003 $38,500 $6,000 $32,500
2018 $1,950 $35,600 $6,000 $29,600
2017 $1,866 $35,600 $6,000 $29,600
2016 $3,236 $34,100 $6,000 $28,100
2015 $3,236 $32,600 $12,074 $20,526
2014 $3,236 $31,700 $8,579 $23,121
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 280680

Greater Lansing Association of Realtors®

APN: 01-01-34-178-091