NOT LISTED FOR SALE

Estimated Value: $87,000 - $124,000

2 Beds
1 Bath
540 Sq Ft
$198/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $100,000 $185 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $635/month

4 Days on Market

Highlights

  • City View
  • Deck
  • Secluded Lot
  • Open Floorplan
  • Property is near public transit
  • 2-minute walk to Reasoner Park

About This Home

As of July 2024

Welcome to 125 E Reasoner, Lansing. This adorable all updated ranch home is located on the North side walking distance from Old town. Only 2 block walk to festivals and shopping and dining in Old Town. Close to parks, schools, shopping, highways and more. The back yard is parklike with a big deck and a patio. There are mature trees, lilacs, shed and a wood privacy fence. Nice big concrete drive way and room to add a garage. This cute as can be 2 bedroom has an open floor plan. The kitchen is bright and white and spacious with a breakfast bar. All appliances included! Updated bathroom with a tub. Basement has laundry area and lots of storage. Nice low taxes and utilities make this house affordable. Stay cool on hot summer days with central air! Vaulted ceilings really open up the space... All new fixtures and blinds. Newer roof. Nothing to do but move in! Taxes are non homestead. Room sizes and square footage are estimates.

Last Agent to Sell the Property

Angela Averill

Century 21 Affiliated License #6501312624 Listed on: 06/20/2024

Century 21 Affiliated

Last Buyer's Agent

Kaleb Burke

EXP Realty, LLC License #6501422149

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $943

Year Built

  • Built in 1918 | Remodeled

Lot Details

  • 5,271 Sq Ft Lot
  • Lot Dimensions are 40x132
  • Wood Fence
  • Landscaped
  • Secluded Lot
  • Back Yard Fenced

Parking

  • Driveway

Property Views

  • City
  • Neighborhood

Home Design

  • Ranch Style House
  • Bungalow
  • Combination Foundation
  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 540 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Recessed Lighting
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Range Hood
  • Laminate Countertops

Flooring

  • Laminate
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Cedar Closet
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement
  • Laundry in Basement

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Front Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Community Details

Overview

  • Smiths Subdivision

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$943

Year Built

Built in 1918 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Property Conditions Updated Remodeled: Yes
  • Current Use: Rental, Primary, Investment
  • Tax Year: 2023
  • Levels: One
  • Year Built: 1918
  • Lot Size Acres: 0.12
  • Lot Size: 40x132
  • Subdivision Name: Smiths
  • Above Grade Finished Sq Ft: 540.0
  • Architectural Style: Bungalow, Ranch
  • Living Area: 540.0
  • New Construction: No
  • General Property Info:Lot Size Dimensions: 40x132
  • General Property Info:Above Grade Finished Area: 540.0
  • General Property Info:Total Livable Area: 540.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Exterior:Aluminum Siding: Yes
  • Location Legal Info:Real Estate Owned: No
  • Appliances Refrigerators: Yes
  • Laundry Features:In Basement: Yes
  • Flooring:Laminate: Yes
  • Foundation Details:Block4: Yes
  • Foundation Details:Slab: Yes
  • Fencing:Privacy: Yes
  • Sewer:Public Sewer: Yes
  • View:Neighborhood: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Other Structures:Shed(s): Yes
  • Fencing:Back Yard: Yes
  • Cooling:Central Air: Yes
  • Architectural Style:Ranch: Yes
  • Architectural Style:Bungalow: Yes
  • Flooring:Ceramic Tile: Yes
  • Fencing:Wood3: Yes
  • View:City4: Yes
  • Foundation Details:Combination: Yes
  • Flooring:Concrete3: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 875.0
  • Special Features: None

Interior Features

  • Basement: Full, Michigan
  • Heating: Forced Air, Natural Gas
  • Flooring: Ceramic Tile, Combination, Concrete, Laminate
  • Interior Amenities: Breakfast Bar, Built-in Features, Cedar Closet(s), Eat-in Kitchen, Laminate Counters, Open Floorplan, Pantry, Primary Downstairs, Recessed Lighting, Vaulted Ceiling(s)
  • Total Bedrooms: 2
  • Property Type: Residential
  • SpaFeatures: None
  • Window Features: Aluminum Frames
  • Full Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Full Basement: Yes
  • Basement:Michigan: Yes
  • Fireplace Features:None4: Yes
  • Community Features:Curbs: Yes
  • Community Features:Sidewalks: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Recessed Lighting: Yes
  • Interior Features:Cedar Closet(s): Yes
  • Community Features:Playground: Yes
  • Community Features:Park: Yes
  • Community Features:Street Lights: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Lighting, Private Yard
  • Fencing: Back Yard, Privacy, Wood
  • Foundation Details: Block, Combination, Slab
  • Lot Features: Back Yard, City Lot, Landscaped, Near Public Transit, Secluded
  • OtherStructures: Shed(s)
  • PoolFeatures: None
  • RoadFrontageType: City Street
  • RoadSurfaceType: Concrete, Paved
  • Patio And Porch Features: Deck, Front Porch, Patio
  • View: City, Neighborhood
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Property Condition: Updated/Remodeled
  • Patio Porch Features:Deck: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Near Public Transit: Yes
  • Patio Porch Features:Front Porch: Yes
  • Patio Porch Features:Patio: Yes
  • Window Features:Aluminum Frames: Yes
  • Lot Features:Landscaped: Yes
  • Exterior Features:Lighting: Yes
  • Exterior Features:Private Yard: Yes
  • Lot Features:Secluded: Yes

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Concrete6: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Electric Range, Range Hood, Refrigerator, Electric Oven
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • LaundryFeatures: In Basement
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Park, Playground, Sidewalks, Street Lights

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 5270.76
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 4312
  • Tax Annual Amount: 943.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Jul 24, 2024
Sold by
Verhelle Scott
Bought by
Carpenter Christopher and Kreinbring Michael
Seller's Agent
Angela Averill
Century 21 Affiliated
Buyer's Agent
Kaleb Burke
EXP Realty, LLC
List Price
$89,900
Sold Price
$100,000
Premium/Discount to List
$10,100
11.23%
Views
183
Current Estimated Value
$106,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,696
Avg. Annual Appreciation
4.42%

Purchase Details

Closed on
Jan 28, 2008
Sold by
Morgan Lester J
Bought by
Verhelle Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2006
Sold by
Morgan Lester J
Bought by
Verhelle Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,100
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 23, 1996
Sold by
Stephens Robert and Stephens Elaine
Bought by
Rouhier Dennis and Rouhier Gail A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carpenter Christopher $100,000 Elevate Title Agency Of Michig
Verhelle Scott $39,000 Nta
Verhelle Scott $39,000 Fatic
Rouhier Dennis $18,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Verhelle Scott $44,000
Previous Owner Verhelle Scott $35,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2024 07/24/24 Sold $100,000 +11.2% $185 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $89,900 -- $166 / 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 $998 $30,800 $5,400 $25,400
2024 $8 $12,700 $5,400 $7,300
2023 $943 $11,300 $4,800 $6,500
2022 $866 $9,800 $4,300 $5,500
2021 $722 $10,700 $6,000 $4,700
2020 $717 $10,500 $6,000 $4,500
2019 $683 $10,200 $6,000 $4,200
2018 $820 $9,800 $6,000 $3,800
2017 $788 $9,800 $6,000 $3,800
2016 $756 $9,600 $6,000 $3,600
2015 $756 $9,400 $0 $0
2014 $756 $9,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 281547

Greater Lansing Association of Realtors®

APN: 01-01-09-201-081