NOT LISTED FOR SALE

1120 Fairway Ln Lansing, MI 48912

Groesbeck Neighborhood

Estimated Value: $265,000 - $304,000

4 Beds
2.5 Baths
1,859 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 24, 2013

Last sale price $113,900 $61 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $2,068/month

68 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Great Room
  • 2 Car Attached Garage
  • Green Elementary School Rated A-
  • Covered Patio or Porch
  • Living Room

About This Home

As of September 2013

Large 4 bedroom 2.5 bathroom home on .25acre lot. Home is clean with lots to offer. Move in ready. Open kitchen with formal dining and spacious floor plan. See homepath.com for details. THE SELLER HAS DIRECTED THAT ALL FANNIE MAE OFFERS BE MADE USING THE HOMEPATH ONLINE OFFER SYSTEM AT HOMEPATH.COM WEBSITE. No disclosures. PLEASE NOTE THE BUYER WILL BE CHARGED THE STATE TRANSFER TAX. Mandatory rekey fee to buyer at closing. All properties to be listed in MLS for 3 days prior to any offers being submitted for owner occupants, 15 days for investors. Please go to homepath.com for details. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down. This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing. Visit www.homepath.com for more information.

Last Agent to Sell the Property

Lori Krupke

RE/MAX Real Estate Professionals, Inc. West Listed on: 06/03/2013

Last Buyer's Agent

Estella Boak

RE/MAX Real Estate Professionals Dewitt License #6506045418

RE/MAX Real Estate Professionals Dewitt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,595

Year Built

  • Built in 1975

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 85x122
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,859 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Great Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Frandora Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,595

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 12
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1975
  • Lot Size Acres: 0.23
  • Lot Size: 85X122
  • Subdivision Name: Frandora
  • Above Grade Finished Sq Ft: 1859.0
  • Living Area: 1859.0
  • General Property Info:Lot Size Dimensions: 85X122
  • General Property Info:Above Grade Finished Area: 1859.0
  • General Property Info:Total Livable Area: 1859.0
  • Baths:_pound_Full Baths 2: 2
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Improvements:Great Room: Yes
  • Fencing:Fenced: Yes
  • General Property Info:Building Area Total SqFt: 1859.0
  • Fireplace Features:Gas5: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer
  • Total Bedrooms: 4
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Other Level: Second
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Entrance Foyer: Yes
  • Appliances:None3: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2595.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2013
Closed on
Sep 24, 2013
Sold by
Fannie Mae
Bought by
Brown Timothy Daniel
Seller's Agent
Lori Krupke
RE/MAX Real Estate Professionals, Inc. West
Buyer's Agent
Estella Boak
RE/MAX Real Estate Professionals Dewitt
List Price
$114,900
Sold Price
$113,900
Premium/Discount to List
-$1,000
-0.87%
Current Estimated Value
$293,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,657
Avg. Annual Appreciation
7.90%

Purchase Details

Closed on
Nov 29, 2012
Sold by
Green Tree Servicing Llc
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Mar 5, 2007
Sold by
Drachman Michael E
Bought by
Cardwell Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2005
Sold by
Drachman Tonya Jean
Bought by
Drachman Michael E

Purchase Details

Closed on
Apr 16, 2003
Sold by
Mitchner Michael R and Mitchner Jennifer L
Bought by
Drachman Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brown Timothy Daniel $113,900 None Available
Fannie Mae -- None Available
Green Tree Serviciing Llc $131,426 None Available
Cardwell Jennifer $159,000 Tri Title Agency Llc
Drachman Michael E -- --
Drachman Michael E $162,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cardwell Jennifer $127,200
Previous Owner Drachman Michael E $129,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2013 09/24/13 Sold $113,900 -0.9% $61 / Sq Ft
08/10/2013 08/10/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $114,900 -- $62 / 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 $6,294 $125,200 $20,400 $104,800
2024 $52 $113,900 $20,400 $93,500
2023 $5,938 $106,600 $20,400 $86,200
2022 $5,430 $98,000 $17,400 $80,600
2021 $4,885 $99,300 $17,000 $82,300
2020 $4,830 $97,300 $17,000 $80,300
2019 $4,598 $87,900 $17,000 $70,900
2018 $4,587 $79,000 $17,000 $62,000
2017 $4,396 $79,000 $17,000 $62,000
2016 $4,346 $74,300 $17,000 $57,300
2015 $4,346 $71,700 $33,973 $37,727
2014 $4,346 $70,000 $33,973 $36,027
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lori Krupke

    RE/MAX Michigan

  • Estella Boak

    Buyer's Agent in 2013

    Estella Boak

    RE/MAX Michigan

    (517) 202-1030

    108 Total Sales

    Estella Boak
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 48556

Greater Lansing Association of Realtors®

APN: 01-01-11-429-051

Michigan Ingham County Lansing 48912 Groesbeck

1120 Fairway Ln, Lansing, MI

Not Listed for Sale

Detached

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