NOT LISTED FOR SALE

1135 Lathrop St Lansing, MI 48912

Potter Walsh Neighborhood

Estimated Value: $68,000 - $99,046

2 Beds
1 Bath
780 Sq Ft
$105/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $85,000 $109 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $578/month

6 Days on Market

Highlights

  • Deck
  • Bungalow
  • 2-minute walk to Walsh Park
  • Living Room
  • Forced Air Heating System

About This Home

As of June 2023

Welcome home to 1135 Lathrop! A charming bungalow in Lansing. Whether you are an investor looking for a property to add to your portfolio or someone looking for great home this is it! The home features 780 Above grade Sqft, 2 bedrooms, 1 full bath, a large living room and a generous kitchen area. This property is currently a licensed rental with the City of Lansing. Schedule your showing today before it is gone.

Last Agent to Sell the Property

Christian Braun

Re/Max Real Estate Professionals Listed on: 05/02/2023

Last Buyer's Agent

Nonmember Agent

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,512

Year Built

  • Built in 1920

Lot Details

  • 4,225 Sq Ft Lot
  • Lot Dimensions are 33x127.88

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 780 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,512

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 108.85
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 33x127.88
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 780.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1511.66
  • Waterfront Options:Water Access YN: No
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Appliances Microwave: Yes
  • Roofing:Shingle: Yes
  • General Property Info:SqFt Above Grade: 780.0
  • General Property Info Garage YN: No
  • Architectural Style Bungalow: Yes
  • Remarks Misc: Public Remarks: Welcome home to 1135 Lathrop! A charming bungalow in Lansing. Whether you are an investor looking for a property to add to your portfolio or someone looking for great home this is it! The home features 780 Above grade Sqft, 2 bedrooms, 1 full bath, a large living room and a generous kitchen area. This property is currently a licensed rental with the City of Lansing. Schedule your showing today before it is gone.
  • Remarks Misc: Agent Only Remarks: Buyers Agent to verify all information. Taxes are NON- Homestead.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range, Refrigerator
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 780.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 476.0
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 84900.0
  • Patio and Porch Features: Deck
  • Roof: Shingle
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 33x127.88
  • Lot Size Sq Ft: 4225.0

Tax Info

  • Tax Annual Amount: 1511.66
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Jun 13, 2023
Sold by
25 Lansing Llc
Bought by
Black Samantha and Rosalez Nicholas
Seller's Agent
Christian Braun
Re/Max Real Estate Professionals
Buyer's Agent
Nonmember Agent
Non Member
List Price
$84,900
Sold Price
$85,000
Premium/Discount to List
$100
0.12%
Views
47
Current Estimated Value
$81,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,488
Avg. Annual Appreciation
-1.68%
Original Mortgage
$82,163
Outstanding Balance
$79,950
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$1,562

Purchase Details

Closed on
Dec 16, 2022
Sold by
D W Sheets Ii Llc
Bought by
25 Lansing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 30, 2011
Sold by
Sheets David W
Bought by
D W Sheets Iii Llc

Purchase Details

Closed on
Dec 14, 2009
Sold by
Donovan Shaun
Bought by
David W Sheets Trust

Purchase Details

Closed on
Mar 5, 2009
Sold by
Michigan State Housing Development Autho
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Sep 4, 2008
Sold by
Gleason Chelsea M
Bought by
Michigan State Housing Development Autho

Purchase Details

Closed on
Aug 30, 2004
Sold by
Prout Michael C and Prout Carla J
Bought by
Gleason Chelsea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,411
Interest Rate
6.08%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2003
Sold by
Menzer Rex W
Bought by
Prout Michael C

Purchase Details

Closed on
Dec 29, 2002
Sold by
Webb Robert E and Menzer Rex W
Bought by
Menzer Rex W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Black Samantha $85,000 Diversified National Title
25 Lansing Llc $48,000 --
D W Sheets Iii Llc -- None Available
David W Sheets Trust $13,400 None Available
The Secretary Of Housing & Urban Develop -- None Available
Michigan State Housing Development Autho $76,105 None Available
Gleason Chelsea M $75,000 Midstate
Gleason Chelsea M $75,000 Midstate
Prout Michael C $3,000 --
Menzer Rex W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Samantha $82,163
Previous Owner 25 Lansing Llc $900,000
Previous Owner Gleason Chelsea M $74,411
Closed Gleason Chelsea M $4,362
Closed Black Samantha $9,386
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2023 06/13/23 Sold $85,000 +0.1% $109 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $84,900 -- $109 / Sq Ft
Source: MichRIC

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 $1,775 $36,100 $2,000 $34,100
2024 $14 $26,100 $2,000 $24,100
2023 $1,917 $22,500 $2,000 $20,500
2022 $1,476 $19,800 $1,900 $17,900
2021 $1,442 $17,500 $2,000 $15,500
2020 $1,432 $17,000 $2,000 $15,000
2019 $1,399 $16,900 $2,000 $14,900
2018 $1,341 $16,500 $2,000 $14,500
2017 $1,289 $16,500 $2,000 $14,500
2016 $1,296 $16,200 $2,000 $14,200
2015 $1,296 $16,200 $4,005 $12,195
2014 $1,296 $16,700 $3,004 $13,696
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Christian Braun

    Re/Max Real Estate Professionals

  • N

    Buyer's Agent in 2023

    Nonmember Agent

    Non Member

See All Agents

Map

Source: MichRIC

MLS Number: 23013677

MichRIC

APN: 01-01-22-276-071

Michigan Ingham County Lansing 48912 Potter Walsh

1135 Lathrop St, Lansing, MI

Not Listed for Sale

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MichRIC Information is deemed reliable but not guaranteed.
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