NOT LISTED FOR SALE

1204 Reo Rd Lansing, MI 48910

Pleasant Grove Neighborhood

Estimated Value: $176,000 - $211,000

3 Beds
2 Baths
1,240 Sq Ft
$155/Sq Ft Est. Value

Last Sold April 28, 2014

Last sale price $83,000 $67 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,296/month

Highlights

  • Deck
  • Covered Patio or Porch
  • Attached Garage
  • Ranch Style House
  • Formal Dining Room
  • Living Room

About This Home

As of April 2014

STUNNING NEW BUILD BY THE INGHAM COUNTY LAND BANK! THIS RANCH STYLE HOME WILL IMPRESS YOU THE MOMENT YOU WALK IN WITH A SPACIOUS LIVING ROOM & DINING AREA WITH A BAY WINDOW. KITCHEN IS OPEN TO THE DINING ROOM AND OFFERS AMPLE SPACE FOR MORE THAN ONE COOK IN THE KITCHEN. TILED BACKSPLASH AND ENERGY STAR RATED APPLIANCES. MASTER BEDROOM HAS A FULL BATH AND LOTS OF CLOSET SPACE. TWO ADDITIONAL BEDROOMS AND A FULL BATH ROUND OUT THE MAIN FLOOR. TWO CAR ATTACHED GARAGE WITH ADDITIONAL STORAGE SPACE AND LARGE BACKYARD. FULL BASEMENT READY FOR FINISHING WITH AN EGRESS WINDOW AND LAUNDRY AREA INCLUDING THE WASHER AND DRYER. HIGH EFFICIENCY FURNACE AND HOT WATER HEATER WILL ASSIST IN LOWER UTILITY BILLS. HOME BUYER TO COMPLETE AN 8 HR CLASS AND SIGN A DEED RESTRICTION AT CLOSING WHICH STATES THAT T HE PROPERTY MUST REMAIN OWNER OCCUPIED FOR A MINIMUM OF 20 YEARS. BUYER DOES NOT HAVE TO OWN THE HOME FOR 20 YEARS BUT SELL IT TO SOMEONE THAT WOULD OWNER OCCUPY THE HOME. BUYER MUST QUALIFY UNDER THE FOLLOWING INCOME LIMITS: 1 PERSON $22,500, 2 PERSON $25,700, 3 PERSON $28,900, 4 PERSON $32,100, 5 PERSON $34,700. DOWN PAYMENT ASSISTANCE IS AVAILABLE THROUGH THE CITY OF LANSING.

Last Agent to Sell the Property

Martha Bashore

Coldwell Banker Realty -Stadium License #6506038564 Listed on: 01/14/2014

Last Buyer's Agent

Keri Larson

Impact Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,297

Year Built

  • Built in 2012

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 90x264
  • Fenced

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,240 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Prosperity Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,297

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 14
  • Levels: One
  • Year Built: 2012
  • Lot Size Acres: 0.55
  • Lot Size: 90X264
  • Subdivision Name: Prosperity
  • Above Grade Finished Sq Ft: 1240.0
  • Architectural Style: Ranch
  • Living Area: 1240.0
  • General Property Info:Lot Size Dimensions: 90X264
  • General Property Info:Above Grade Finished Area: 1240.0
  • General Property Info:Total Livable Area: 1240.0
  • Baths:_pound_Full Baths 1: 2
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Improvements:Formal Dining Room: Yes
  • Architectural Style:Ranch: Yes
  • Cooling:Exhaust Fan: Yes
  • Fencing:Fenced: Yes
  • General Property Info:Building Area Total SqFt: 1240.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s), Pantry, Primary Bathroom, Primary Downstairs
  • Total Bedrooms: 3
  • Room: 8
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Full Bathrooms: 2
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Microwave, Washer, Refrigerator, Range, Oven, Dryer, Dishwasher
  • Cooling: Central Air, Exhaust Fan
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 23958.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2014
Closed on
Apr 28, 2014
Sold by
Ingham County Land Barnk Fast Track Auth
Bought by
Mccormick Brian T
Seller's Agent
Martha Bashore
Coldwell Banker Realty -Stadium
Buyer's Agent
Keri Larson
Impact Real Estate
List Price
$83,000
Sold Price
$83,000
Current Estimated Value
$192,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,601
Avg. Annual Appreciation
7.65%
Original Mortgage
$1,000
Outstanding Balance
$764
Interest Rate
4.41%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$191,837

Purchase Details

Closed on
Oct 26, 2011
Sold by
County Of Ingham
Bought by
Ingham County Land Bank Fast Track Autho

Purchase Details

Closed on
Oct 25, 2011
Sold by
Schertzing Eric
Bought by
County Of Ingham

Purchase Details

Closed on
Jun 22, 2009
Sold by
Innomax Solutions Llc
Bought by
6021 Reo Trust and Pinnacle Trust Services

Purchase Details

Closed on
May 15, 2009
Sold by
Redispo Group Llc
Bought by
Innomax Solutions Llc

Purchase Details

Closed on
Dec 4, 2008
Sold by
National Asset Management Group Inc
Bought by
Redispo Group Llc

Purchase Details

Closed on
Aug 29, 2008
Sold by
Wells Fargo Bank Na
Bought by
National Asset Management Group

Purchase Details

Closed on
Oct 11, 2007
Sold by
Orweller Troy and Orweller Tammy
Bought by
Wells Fargo Bank Na and Citigroup Mortgage Loan Trust Series 200

Purchase Details

Closed on
Jun 21, 2004
Sold by
Orweller Tammy and Rutter Tamela
Bought by
Orweller Troy and Orweller Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,700
Interest Rate
9.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 1, 1995
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
Mccormick Brian T $83,000 Capital Fund Title Svcs Llc
Ingham County Land Bank Fast Track Autho -- None Available
County Of Ingham -- None Available
6021 Reo Trust $18,900 Pinnacle Title
Innomax Solutions Llc $6,750 None Available
Redispo Group Llc -- Accommodation
National Asset Management Group -- Accommodation
Wells Fargo Bank Na $58,654 None Available
Orweller Troy -- Devon Title
-- $36,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccormick Brian T $1,000
Previous Owner Orweller Troy $52,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2014 04/28/14 Sold $83,000 0.0% $67 / Sq Ft
02/05/2014 02/05/14 Pending -- -- --
01/14/2014 01/14/14 For Sale $83,000 -- $67 / 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 $3,297 $71,700 $13,800 $57,900
2024 $26 $61,200 $13,800 $47,400
2023 $3,091 $54,600 $13,800 $40,800
2022 $2,786 $50,000 $11,900 $38,100
2021 $2,728 $46,900 $7,100 $39,800
2020 $2,711 $44,700 $7,100 $37,600
2019 $2,600 $43,000 $7,100 $35,900
2018 $2,436 $42,100 $7,100 $35,000
2017 $2,268 $42,100 $7,100 $35,000
2016 $95 $41,400 $7,100 $34,300
2015 $95 $40,300 $14,159 $26,141
2014 $95 $20,766 $20,766 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Martha Bashore

    Coldwell Banker Realty -Stadium

  • K

    Buyer's Agent in 2014

    Keri Larson

    Impact Real Estate

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 55289

Greater Lansing Association of Realtors®

APN: 01-01-32-402-101

Michigan Ingham County Lansing 48910 Pleasant Grove

1204 Reo Rd, Lansing, MI

This home is located at 1204 Reo Rd, Lansing, MI 48910 since 14 January 2014 and is currently estimated at $192,601, approximately $155 per square foot. This property was built in 2012. 1204 Reo Rd is a home located in Ingham County with nearby schools including Reo Elementary School, Attwood School, and Everett High School.

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