1204 Reo Rd Lansing, MI 48910
Estimated Value: $163,145 - $213,000
3
Beds
2
Baths
1,240
Sq Ft
$152/Sq Ft
Est. Value
Highlights
- Deck
- Covered patio or porch
- Attached Garage
- Ranch Style House
- Formal Dining Room
- Living Room
About This Home
As of April 2014STUNNING 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
- $26
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
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
Total Days on Market
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,536
Avg. Annual Appreciation
6.74%
Original Mortgage
$1,000
Outstanding Balance
$775
Interest Rate
4.41%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$170,936
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
Similar Homes in Lansing, MI
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Home Values in the Area
Average Home Value in this Area
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 | $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
-
Buyer's Agent in 2014
Keri Larson
Impact Real Estate
(517) 290-1661
11 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 55289
APN: 01-01-32-402-101
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