NOT LISTED FOR SALE

1230 W Willow St Unit 1 Lansing, MI 48915

Bassett Park Neighborhood

Estimated Value: $214,000 - $257,000

-- Bed
-- Bath
3,244 Sq Ft
$71/Sq Ft Est. Value

Last Sold October 23, 2015

Last sale price $69,000 $21 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $1,299/month

53 Days on Market

About This Home

As of October 2015

Charming turn of the century all brick 2.5 story, all original woodwork and staircase. High ceilings, tall windows and amazing hard wood floors. 4 units and no two are the same. *This is a Fannie Mae Homepath property. The seller has directed that all Fannie Mae offers be submitted using the online homepath offer system, Please read ''Offer Preparation Tips for Selling Agent'' for how to submit a COMPLETE offer in HomePath, and there is a first look initiative. All owner occupants must submit a signed ''owner occupant certificate'' (attached) with any offer. For all offers subject to a mortgage, a pre approval letter is suggested along with the offer. If this is a cash transaction, Fannie Mae requires 10% earnest money and buyers will pay $500+ for a closing fee. Minimum commission **Up to 3% Closing cost assistance available with the HomePath Ready Buyer Education Program...follow this link to learn more http://homepath.com/ready_buyer.html ** LEGAL: LOT 55 % E 24 FT LOT 56 ALSO E 10 FT OF W 14 FT OF S 118.5 FT LOT 56 ROSEDALE PARK SUB

Last Listed By

Chris Dean

Gateway to Homes License #6506043716 Listed on: 08/16/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1875

Lot Details

  • Lot Dimensions are 128.70 x 120

Parking

  • 10 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,244 Sq Ft Home
  • 2.5-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Utilities

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

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Tax Year: 14
  • Levels: Two and One Half
  • Year Built: 1875
  • Lot Size: 128.70 X 120
  • Above Grade Finished Sq Ft: 3244.0
  • General Property Info:Lot Size Dimensions: 128.70 X 120
  • General Property Info:Above Grade Finished Area: 3244.0
  • Sewer:Public Sewer: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Brick: Yes
  • Levels:Two and One Half: Yes
  • Tax Info:Taxes2: 4320.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:_pound_ of Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Michigan
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes
  • Basement:Michigan: Yes

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Total Parking Spaces: 10.0
  • Parking Features: Attached
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • General Property Info:Parking Total: 10

Utilities

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

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2015
Sold by
Green Tree Servicing Llc
Bought by
Fannie Mae and Federal National Mortgage Association
Total Days on Market
53
Current Estimated Value
$231,394

Purchase Details

Closed on
Jan 8, 2015
Sold by
Brown William J
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Mar 31, 2008
Sold by
Lamacchia Robert B
Bought by
Brown William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2007
Sold by
Lamacchia John P
Bought by
Lamacchia Robert B

Purchase Details

Closed on
Oct 31, 1991
Sold by
Lamacchia John P -Personal Rep
Bought by
Lamacchia Robert B

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
Fannie Mae -- None Available
Green Tree Servicing Llc $102,231 None Available
Brown William J $161,000 Fidelity National Title
Lamacchia Robert B $42,000 None Available
Lamacchia Robert B $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown William J $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2015 10/23/15 Sold $69,000 -13.6% $21 / Sq Ft
10/08/2015 10/08/15 Pending -- -- --
08/16/2015 08/16/15 For Sale $79,900 -- $25 / 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 $46 $101,900 $10,400 $91,500
2023 $5,497 $88,300 $10,400 $77,900
2022 $5,035 $68,400 $10,100 $58,300
2021 $4,920 $63,800 $9,600 $54,200
2020 $4,883 $59,800 $9,600 $50,200
2019 $4,705 $58,400 $9,600 $48,800
2018 $4,473 $53,600 $9,600 $44,000
2017 $4,300 $53,600 $9,600 $44,000
2016 $4,313 $60,300 $9,600 $50,700
2015 $4,313 $58,600 $19,163 $39,437
2014 $4,313 $54,700 $17,000 $37,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 74063

Greater Lansing Association of Realtors®

APN: 01-01-08-254-121