NOT LISTED FOR SALE

1306 Fairoaks Ct East Lansing, MI 48823

Estimated Value: $323,000 - $389,093

4 Beds
2.5 Baths
3,234 Sq Ft
$113/Sq Ft Est. Value

Last Sold April 07, 2016

Last sale price $180,000 $56 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,563/month

130 Days on Market

Highlights

  • Deck
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Green Elementary School Rated A-
  • Covered patio or porch
  • Living Room

About This Home

As of April 2016

2604sqft 2 Story with Finished Lower Level. Tons of space with Formal Living and Dining Room, Eat in Kitchen, and Huge Family Room with wood burning fireplace and slider to the large deck with plenty of privacy. Half Bath and First Floor Laundry complete the first floor. 2nd Floor offers 4 Bedrooms including Master Bedroom, Master Bath and walkout to private deck. Lower Level is finished for a total of approx 3200sqft. Home is in need of a lot of TLC, but has great potential! Cul-de-sac living, and excellent location! Welcome to East Lansing! This home is a Short Sale and Subject to Lien Holder Approval.

Last Agent to Sell the Property

Lisa Fata

Coldwell Banker Professionals-Delta Listed on: 10/23/2015

Last Buyer's Agent

Danielle French

Keller Williams Realty Lansing License #6501386838

Keller Williams Realty Lansing

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 50x193

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

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

Community Details

  • Farwood Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 14
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1977
  • Lot Size Acres: 0.43
  • Lot Size: 50X193
  • Subdivision Name: Farwood
  • Above Grade Finished Sq Ft: 2604.0
  • Living Area: 3234.0
  • General Property Info:Lot Size Dimensions: 50X193
  • General Property Info:Above Grade Finished Area: 2604.0
  • General Property Info:Total Livable Area: 3234.0
  • Baths:_pound_Full Baths 2: 2
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Laundry Features:Main Level: Yes
  • Levels:Two2: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:Central Air: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Wood Siding: Yes
  • General Property Info:Building Area Total SqFt: 3934.0
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Primary Bathroom
  • Total Bedrooms: 4
  • Room: 10
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Other Level: Second
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 630.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Basement:Partially Finished: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Patio And Porch Features: Covered, Deck
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater, Washer, Refrigerator, Range, Oven, Dryer, Dishwasher
  • Cooling: Central Air
  • LaundryFeatures: Main Level
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 18730.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5512.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2015
Closed on
Apr 7, 2016
Sold by
Boss William P and Boss Mary B
Bought by
Niesen Jonathan and Potter Niesen Laura E
Seller's Agent
Lisa Fata
Coldwell Banker Professionals-Delta
Buyer's Agent
Danielle French
Keller Williams Realty Lansing
List Price
$170,000
Sold Price
$180,000
Premium/Discount to List
$10,000
5.88%
Current Estimated Value
$366,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,773
Avg. Annual Appreciation
7.29%
Original Mortgage
$171,000
Outstanding Balance
$137,503
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$208,328

Purchase Details

Closed on
Feb 1, 1987

Purchase Details

Closed on
Dec 1, 1980
Source: Public Records

Range of Values:

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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
Niesen Jonathan $180,000 Tri County Title Agency
-- $150,000 --
-- $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niesen Jonathan $171,000
Previous Owner Boss William P $216,000
Previous Owner Boss William P $165,000
Previous Owner Boss William P $12,000
Previous Owner Boss William P $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2016 04/07/16 Sold $180,000 +5.9% $56 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
02/10/2016 02/10/16 Price Changed $170,000 0.0% $53 / Sq Ft
02/10/2016 02/10/16 For Sale $170,000 -10.1% $53 / Sq Ft
11/04/2015 11/04/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $189,000 -- $58 / 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 $6,455 $145,800 $38,100 $107,700
2023 $6,455 $131,200 $36,500 $94,700
2022 $6,184 $123,900 $32,700 $91,200
2021 $6,078 $115,600 $28,200 $87,400
2020 $6,011 $112,900 $28,700 $84,200
2019 $5,765 $107,500 $28,900 $78,600
2018 $6,304 $101,900 $25,300 $76,600
2017 $6,155 $101,500 $26,300 $75,200
2016 -- $97,100 $25,300 $71,800
2015 -- $92,900 $48,308 $44,592
2014 -- $89,000 $47,360 $41,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 76223

Greater Lansing Association of Realtors®

APN: 20-01-12-128-004