NOT LISTED FOR SALE

1129 N Martin Luther King jr Blvd Lansing, MI 48915

Hull Court Park Neighborhood

Estimated Value: $54,000 - $62,106

2 Beds
1 Bath
798 Sq Ft
$73/Sq Ft Est. Value

Last Sold February 26, 2014

Last sale price $8,200 $10 Per Sq Ft

Est. 608% increase in value since last sale

Current estimated payment $325/month

167 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Dining Room
  • Covered patio or porch
  • Forced Air Heating System
  • 4-minute walk to Comstock Park

About This Home

As of February 2014

COME AND SEE THIS 2 BEDROOM, 1 BATH RANCH WITH A FULL BASEMENT, SCREENED PORCH, AND FENCED BACK YARD. IT IS LOCATED CLOSE TO SCHOOLS, PARKS, DOWNTOWN, MSU, COOLEY LAW AND THE CITY BUS SYSTEM. UNBELIEVABLE PRICE TOO! *THIS IS A FANNIE MAE HOMEPATH PROPERTY.? THE SELLER HAS DIRECTED THAT ALL FANNIE MAE OFFERS BE SUBMITTED USING THE OFFER SYSTEM ON THE HOMEPATH WEBSITE.? ONLY OFFERS FROM OWNER OCCUPANTS OR PUBLIC ENTITIES AND THEIR DESIGNATED PARTNERS WILL BE CONSIDERED FOR THE FIRST 20 DAYS OF THE LISTING.? ALL OWNER OCCUPANTS MUST SUBMIT A SIGNED ''OWNER OCCUPANT CERTIFICATE'' WITH ANY OFFER. (SEE ATTACHMENTS).? FOR ALL OFFERS SUBJECT TO A MORTGAGE, A PRE APPROVAL LETTER MUST BE SUBMITTED WITH THE OFFER.? ALL BUYERS WILL BE CHARGED THE STATE TRANSFER TAX AND PAY A CLOSING FEE, UP TO $50 TO THE TITLE COMPANY.? IF THIS IS A CASH TRANSACTION, FANNIE MAE REQUIRES 10% EARNEST MONEY . MINIMUM COMMISSION 1000 / 1000.**Up to 3.5% closing cost assistance offered on this property if close by 5/30/2014 Agent must note request for this bonus at time of offer. Owner Occupant Buyers Only, No second homes, vacation homes, No investors, No pool/auction properties**

Last Listed By

Chris Dean

Gateway to Homes License #6506043716 Listed on: 08/27/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Lot Details

  • 4,356

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Bungalow
  • Wood Siding

Interior Spaces

  • 798 Sq Ft Home
  • Living Room
  • Dining Room
  • Michigan Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Covered patio or porch
  • 4,356 Sq Ft Lot

Community Details

  • Bungalow Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 12
  • Levels: One
  • Year Built: 1913
  • Lot Size Acres: 0.1
  • Lot Size: 40X110 .10AC
  • Subdivision Name: Bungalow
  • Above Grade Finished Sq Ft: 798.0
  • Architectural Style: Bungalow, Ranch
  • Living Area: 798.0
  • General Property Info:Lot Size Dimensions: 40X110 .10AC
  • General Property Info:Above Grade Finished Area: 798.0
  • General Property Info:Total Livable Area: 798.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Location Legal Info:Real Estate Owned: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • General Property Info:ECO Friendly Features: No
  • Architectural Style:Ranch: Yes
  • Exterior:Wood Siding: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • Architectural Style:Bungalow: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1596.0
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Michigan
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 2
  • Room: 4
  • Property Type: Residential
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Basement:Michigan: Yes
  • Appliances:None3: Yes

Exterior Features

  • Patio And Porch Features: Covered
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: None, Gas Water Heater
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1581.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2018
Sold by
Azar Keith
Bought by
Inertia Llc
Total Days on Market
167
Current Estimated Value
$58,027

Purchase Details

Listed on
Aug 27, 2013
Closed on
Feb 21, 2014
Sold by
Fannie Mae
Bought by
Azar Keith
Seller's Agent
Chris Dean
Gateway to Homes
Buyer's Agent
Paul Brown
Gateway to Homes
List Price
$16,900
Sold Price
$8,200
Premium/Discount to List
-$8,700
-51.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.02%

Purchase Details

Closed on
Apr 17, 2013
Sold by
Wells Fargo Bank Na
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Apr 11, 2013
Sold by
Byrd Gregory and Angel Molody
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 23, 2002
Sold by
Thompson Kevin T
Bought by
Byrd Gregory and Angel Melody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,100
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2000
Sold by
Advantage 99 Td
Bought by
Pond William

Purchase Details

Closed on
Jun 7, 2000
Sold by
Michigan National Bank
Bought by
Thompson Kevin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
8.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 1999
Sold by
Pond William
Bought by
Michigan National Bank

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
Inertia Llc -- None Available
Azar Keith -- Servicelink
Fannie Mae -- None Available
Wells Fargo Bank Na $46,246 None Available
Byrd Gregory $58,000 --
Pond William -- --
Thompson Kevin T $16,000 Midstate Title Company
Michigan National Bank $12,040 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Byrd Gregory $49,600
Previous Owner Byrd Gregory $55,100
Previous Owner Thompson Kevin T $5,500
Previous Owner Thompson Kevin T $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2014 02/26/14 Sold $8,200 -51.5% $10 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
08/27/2013 08/27/13 For Sale $16,900 -- $21 / 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 $16 $33,700 $4,600 $29,100
2023 $1,881 $30,100 $4,600 $25,500
2022 $1,720 $28,100 $4,300 $23,800
2021 $1,680 $25,900 $3,600 $22,300
2020 $1,668 $23,000 $3,600 $19,400
2019 $1,610 $21,500 $3,600 $17,900
2018 $1,528 $19,400 $3,600 $15,800
2017 $1,470 $19,400 $3,600 $15,800
2016 $2,174 $19,100 $3,600 $15,500
2015 $2,174 $18,600 $7,221 $11,379
2014 $2,174 $19,400 $12,000 $7,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 51587

Greater Lansing Association of Realtors®

APN: 01-01-08-406-091