NOT LISTED FOR SALE

1118 Bement St Lansing, MI 48912

Hunter Park Neighborhood

Estimated Value: $109,000 - $161,000

3 Beds
1 Bath
1,398 Sq Ft
$91/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $56,111 $40 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $706/month

129 Days on Market

Highlights

  • 0.22 Acre Lot
  • Bonus Room
  • Neighborhood Views
  • Traditional Architecture
  • Sun or Florida Room
  • Covered patio or porch

About This Home

As of January 2022

Thrilling 3-4 bedroom 2.5 story home in a convenient Lansing neighborhood. Sizable living room with hardwood floors and a fireplace; spacious kitchen with informal eating area; formal dining room with hardwood floors; three bedrooms on the second floor; bonus room on the third floor could be used as a fourth bedroom; three seasons room and a full basement with plenty of storage space. This is a Fannie Mae Homepath property.

Last Agent to Sell the Property

D. Michon/Michon Group

RE/MAX Real Estate Professionals License #6501311699 Listed on: 08/20/2021

RE/MAX Real Estate Professionals

Last Buyer's Agent

Angelique Lary

Keller Williams Realty Lansing License #6501335951

Keller Williams Realty Lansing

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 79x120

Parking

  • 1 Car Garage
  • Alley Access

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,398 Sq Ft Home
  • 2.5-Story Property
  • Living Room
  • Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

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

Outdoor Features

  • Covered patio or porch

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2021
  • Levels: Two and One Half
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1923
  • Lot Size Acres: 0.22
  • Lot Size: 79x120
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1398.0
  • Architectural Style: Traditional
  • Living Area: 1398.0
  • General Property Info:Lot Size Dimensions: 79x120
  • General Property Info:Above Grade Finished Area: 1398.0
  • General Property Info:Total Livable Area: 1398.0
  • Baths:_pound_Full Baths 2: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Location Legal Info:Real Estate Owned: Yes
  • Laundry Features:In Basement: Yes
  • Sewer:Public Sewer: Yes
  • View:Neighborhood: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Improvements:Three Seasons Room: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • Levels:Two and One Half: Yes
  • Architectural Style:Traditional: Yes
  • Cooling:None8: Yes
  • Rooms:Bonus Room: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 2274.0
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 3
  • Room: 7
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Bonus Room Level: Third
  • Other Level: First
  • Full Bathrooms: 1
  • Full Basement: Yes
  • Appliances:None3: Yes

Exterior Features

  • Patio And Porch Features: Covered, Porch
  • View: Neighborhood
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Alley Access, Garage
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Garage2: Yes
  • Parking Features:Alley Access: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: None
  • Cooling: None
  • LaundryFeatures: In Basement
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2368.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Jan 26, 2022
Sold by
Federal National Mortgage Association
Bought by
Lary Julious
Seller's Agent
D. Michon/Michon Group
RE/MAX Real Estate Professionals
Buyer's Agent
Angelique Lary
Keller Williams Realty Lansing
List Price
$69,000
Sold Price
$56,111
Premium/Discount to List
-$12,889
-18.68%
Current Estimated Value
$127,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,036
Avg. Annual Appreciation
21.89%

Purchase Details

Closed on
Jul 1, 2021
Sold by
Bergau Sally A
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Dec 18, 2008
Sold by
King Cynthia Bergau and Droste Cynthia
Bought by
Bergau Sally A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
2.25%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Lary Julious $56,111 None Listed On Document
Fannie Mae $69,000 None Available
Bergau Sally A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bergau Sally A $157,500
Previous Owner Droste Cynthia $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $56,111 +0.2% $40 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
11/17/2021 11/17/21 Price Changed $56,000 -13.8% $40 / Sq Ft
08/24/2021 08/24/21 Price Changed $65,000 -5.8% $46 / Sq Ft
08/20/2021 08/20/21 For Sale $69,000 -- $49 / 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
2024 $38 $62,500 $7,100 $55,400
2023 $4,206 $51,200 $7,100 $44,100
2022 $2,667 $44,700 $5,900 $38,800
2021 $2,035 $40,300 $7,900 $32,400
2020 $2,365 $37,400 $7,900 $29,500
2019 $1,937 $36,000 $7,900 $28,100
2018 $1,817 $30,700 $7,900 $22,800
2017 $1,739 $30,700 $7,900 $22,800
2016 $3,096 $30,200 $7,900 $22,300
2015 $3,096 $29,600 $15,800 $13,800
2014 $3,096 $30,000 $16,590 $13,410
Source: Public Records

Agents Affiliated with this Home

  • D. Michon/Michon Group

    Seller's Agent in 2022

    D. Michon/Michon Group

    RE/MAX Michigan

    (517) 712-3690

    1 in this area

    68 Total Sales

    Section Image

  • A

    Buyer's Agent in 2022

    Angelique Lary

    Keller Williams Realty Lansing

    (517) 214-6363

    1 in this area

    6 Total Sales

    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 258880

Greater Lansing Association of Realtors®

APN: 01-01-15-380-212

Michigan Ingham County Lansing 48912 Hunter Park

1118 Bement St, Lansing, MI

This home is located at 1118 Bement St, Lansing, MI 48912 since 20 August 2021 and is currently estimated at $127,147, approximately $90 per square foot. This property was built in 1923. 1118 Bement St is a home located in Ingham County with nearby schools including Pattengill Academy, Riddle Elementary School, and Eastern Lansing High School.

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