NOT LISTED FOR SALE

1216 N Martin Luther King jr Blvd Lansing, MI 48915

Old Forest Neighborhood

Estimated Value: $63,000 - $96,000

2 Beds
1 Bath
686 Sq Ft
$116/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $17,000 $25 Per Sq Ft

Est. 370% increase in value since last sale

Current estimated payment $446/month

37 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating System
  • Main Floor Primary Bedroom
  • Living Room
  • Dining Room

About This Home

As of May 2019

All offers must be submitted by the Buyer's agent via AUCTION.COM. PLEASE DO NOT DISTURB TENANTS PROPERTY OBTAINED THROUGH FORECLOSURE SELLER HAS NO KNOWLEDGE OF PROPERTY AND DISCLOSURE EXEMPT

Last Listed By

Ruben Sauceda

Great America Brokers LLC License #6501281774 Listed on: 03/26/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1885

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 51 x 165
  • West Facing Home
  • Fenced

Parking

  • 3 Car Garage
  • Gravel Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 686 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Michigan Basement
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1885

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 18
  • Levels: Two
  • Parking Features Garage Spaces: 3.0
  • Year Built: 1885
  • Lot Size Acres: 0.19
  • Lot Size: 51 X 165
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 686.0
  • Living Area: 686.0
  • General Property Info:Lot Size Dimensions: 51 X 165
  • General Property Info:Above Grade Finished Area: 686.0
  • General Property Info:Total Livable Area: 686.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Levels:Two2: Yes
  • Location Legal Info:Real Estate Owned: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Fencing:Fenced: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • General Property Info:Building Area Total SqFt: 998.0
  • General Property Info:Front Door: West
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Michigan
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Laminate Counters
  • Total Bedrooms: 2
  • Room: 5
  • Property Type: Residential
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Basement:Michigan: Yes
  • Community Features:Curbs: Yes
  • Community Features:Sidewalks: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:None3: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Deck, Porch
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: West
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Gravel2: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1445.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2022
Sold by
Hongzhi Wen
Bought by
Kimble Brandon
Total Days on Market
37
Current Estimated Value
$79,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,200
Outstanding Balance
$56,520
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$25,702

Purchase Details

Closed on
Aug 18, 2021
Sold by
Buchholz John Oliver
Bought by
Wen Hongzhi

Purchase Details

Listed on
Mar 26, 2019
Closed on
May 20, 2019
Sold by
Certificateholders Inc
Bought by
Buchholz John Oliver
Seller's Agent
Ruben Sauceda
Great America Brokers LLC
Buyer's Agent
Ruben Sauceda
Great America Brokers LLC
List Price
$21,000
Sold Price
$17,000
Premium/Discount to List
-$4,000
-19.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.39%

Purchase Details

Closed on
Sep 13, 2018
Sold by
Sierakowski Kenneth R and Sierakowski Penny S
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 15, 2011
Sold by
Sierakowski Penny
Bought by
Sierakowski Kenneth

Purchase Details

Closed on
Apr 26, 2006
Sold by
Sierakowski Kenneth R and Sierakowski Penny S
Bought by
Sierakowski Kenneth R and Sierakowski Penny S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
10.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 28, 2005
Sold by
Sierakowski Kenneth R and Sierakowski Penny S
Bought by
Sierakowski Kenneth R and Sierakowski Penny

Purchase Details

Closed on
Jul 14, 2004
Sold by
Sierakowski Kenneth R and Sierakowski Penny S
Bought by
Sierakowski Kenneth R and Sierakowski Penny S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
9.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 4, 2000
Sold by
Sierakowski Kenneth R
Bought by
Sierakowski Kenneth R and Sierakowski Penny S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,250
Interest Rate
13.5%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Kimble Brandon $60,000 --
Wen Hongzhi $43,000 Transnation Title Agency
Buchholz John Oliver $17,000 Fidelity Land Title Agency
The Bank Of New York Mellon $8,800 None Available
Sierakowski Kenneth -- None Available
Sierakowski Kenneth R -- None Available
Sierakowski Kenneth R -- None Available
Sierakowski Kenneth R -- Fatic
Sierakowski Kenneth R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kimble Brandon $58,200
Previous Owner Sierakowski Kenneth R $61,600
Previous Owner Sierakowski Kenneth R $50,400
Previous Owner Sierakowski Kenneth R $26,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $17,000 -15.0% $25 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
04/25/2019 04/25/19 Price Changed $20,000 -4.8% $29 / Sq Ft
03/25/2019 03/25/19 For Sale $21,000 -- $31 / 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 $33,200 $5,600 $27,600
2023 $1,980 $29,900 $5,600 $24,300
2022 $1,760 $28,000 $5,300 $22,700
2021 $2,035 $26,700 $5,600 $21,100
2020 $2,020 $24,600 $5,600 $19,000
2019 $1,549 $23,300 $5,600 $17,700
2018 $1,470 $21,900 $5,600 $16,300
2017 $1,414 $21,900 $5,600 $16,300
2016 $1,358 $21,600 $5,600 $16,000
2015 $1,358 $21,100 $11,277 $9,823
2014 $1,358 $21,200 $14,500 $6,700
Source: Public Records

Agents Affiliated with this Home

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Source: Greater Lansing Association of Realtors®

MLS Number: 234832

Greater Lansing Association of Realtors®

APN: 01-01-08-426-011