NOT LISTED FOR SALE

1225 Lathrop St Lansing, MI 48912

Potter Walsh Neighborhood

Estimated Value: $76,000 - $110,000

2 Beds
1 Bath
794 Sq Ft
$110/Sq Ft Est. Value

Last Sold November 05, 2012

Last sale price $12,900 $16 Per Sq Ft

Est. 576% increase in value since last sale

Current estimated payment $592/month

30 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Dining Room
  • Covered Patio or Porch
  • Forced Air Heating System
  • 2-minute walk to Walsh Park

About This Home

As of November 2012

DON'T LET IT'S SIZE FOOL YOU. TWO OVERSIZED BEDROOMS AND NICE SIZE KITCHEN AND LIVING ROOM AWAIT YOU. GREAT STARTER HOME OR POSSIBLE RENTAL PROPERTY, AND AN EVEN GREATER PRICE. THE SELLER HAS DIRECTED THAT ALL FANNIE MAE OFFERS BE MADE USING THE HOMEPATH ONLINE OFFER SYSTEMS ON THE HOMEPATH WEBSITE. PLEASE NOTE THAT ALL FANNIE MAE OFFERS WILL BE SUBMITTED, BUT ONLY OFFERS FROM OWNER OCCUPANTS OR PUBLIC ENTITIES AND THEIR DESIGNATED PARTNERS WILL BE CONSIDERED FOR THE FIRST 15 DAYS OF THE LISTING. ALL OWNER OCCUPANTS MUST SIGN THE ATTACHED OWNER OCCUPANT CERTIFICATE WHICH MUST ACCOMPANY ANY OFFER BEING SUBMITTED ON THIS PROPERTY. (SEE ATTACHMENTS ON THE MLS). PLEASE NOTE BUYERS WILL BE CHARGED THE STATE TRANSFER TAX AND IF THIS IS A CASH TRANSACTION, BUYERS WILL BE PAYING A CLOSING FEE UP O $500 TO THE TITLE COMPANY.

Last Agent to Sell the Property

Chris Dean

Gateway to Homes License #6506043716 Listed on: 09/26/2012

Last Buyer's Agent

Chris Dean

The Gateway Group @ Keller Williams License #6506043716

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 8,276

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 794 Sq Ft Home
  • Living Room
  • Dining Room
  • Crawl Space

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
  • 8,276 Sq Ft Lot

Community Details

  • Parkview Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1921

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: 11
  • Levels: One
  • Year Built: 1921
  • Lot Size Acres: 0.19
  • Lot Size: 66 X 128 .19AC
  • Subdivision Name: Parkview
  • Above Grade Finished Sq Ft: 794.0
  • Architectural Style: Ranch
  • Living Area: 794.0
  • General Property Info:Lot Size Dimensions: 66 X 128 .19AC
  • General Property Info:Above Grade Finished Area: 794.0
  • General Property Info:Total Livable Area: 794.0
  • 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
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 794.0
  • Special Features: RealEstateOwned

Interior Features

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

Exterior Features

  • Patio And Porch Features: Covered
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Covered: 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: 8276.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1351.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2018
Sold by
Ziric Bethea D
Bought by
Wyslton Sarah P
Current Estimated Value
$87,152

Purchase Details

Listed on
Sep 26, 2012
Closed on
Oct 30, 2012
Sold by
Fannie Mae
Bought by
Zivic Bethea Danielle
Seller's Agent
Chris Dean
Gateway to Homes
Buyer's Agent
Chris Dean
Gateway to Homes
List Price
$13,900
Sold Price
$12,900
Premium/Discount to List
-$1,000
-7.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.71%

Purchase Details

Closed on
Jan 26, 2012
Sold by
Garno Christopher
Bought by
The Federal National Mortgage Associatio

Purchase Details

Closed on
Jul 11, 2005
Sold by
Garno Carol Jean
Bought by
Garno Christopher Kenneth

Purchase Details

Closed on
Oct 28, 2002
Sold by
Woodend David and Woodend Lillian E
Bought by
Garno Christopher and Garno Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Wyslton Sarah P $14,000 None Available
Zivic Bethea Danielle $12,900 None Available
The Federal National Mortgage Associatio $55,595 None Available
Garno Christopher Kenneth -- --
Garno Christopher $45,000 Chicago Title Of Michigan In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garno Christopher $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2012 11/05/12 Sold $12,900 -7.2% $16 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
09/26/2012 09/26/12 For Sale $13,900 -- $18 / 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 $1,591 $35,700 $4,100 $31,600
2024 $12 $30,400 $4,100 $26,300
2023 $1,494 $26,400 $4,100 $22,300
2022 $1,351 $23,300 $3,700 $19,600
2021 $1,323 $20,900 $4,000 $16,900
2020 $1,315 $20,200 $4,000 $16,200
2019 $2,543 $19,700 $4,000 $15,700
2018 $1,549 $16,900 $4,000 $12,900
2017 $1,297 $16,900 $4,000 $12,900
2016 $956 $16,600 $4,000 $12,600
2015 $956 $16,300 $8,011 $8,289
2014 $956 $16,000 $6,008 $9,992
Source: Public Records

Agents Affiliated with this Home

  • Chris Dean

    Seller's Agent in 2012

    Chris Dean

    Gateway to Homes

    (517) 749-6666

    118 Total Sales

    Chris Dean
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 41376

Greater Lansing Association of Realtors®

APN: 01-01-22-280-062

Michigan Ingham County Lansing 48912 Potter Walsh

1225 Lathrop St, Lansing, MI

Not Listed for Sale

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