$180,000
SOLD MAR 7, 2025
5 Beds
1.5 Baths
1,640 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$110 Per Sq Ft

3% Above List Price

5 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Bedroom
  • Formal Dining Room
  • Wood Flooring
  • Covered Patio or Porch
  • 1 Car Attached Garage

About This Home

As of March 2025

Welcome to 1407 Prospect St. where character meets charm in this expansive gem! This gorgeous five bedroom home has so much to offer, from beautiful wood accents throughout to an updated kitchen while maintaining its originality. Enter into the spacious living room showcasing a wall of windows and a grand archway leading to a beautiful set of french doors opening into the formal dining room. The kitchen has loads of storage, stainless steel appliances, and stylish tin backsplash. The main level is completed with a quaint half bath and a fifth bedroom that is ideal for a home office or den. Upstairs you will find four sizable bedrooms, including a walkout from one of the rooms, convenient built-ins and a full bathroom with heated floors! Other features include: Brand new furnace (2025), large fenced yard, 1 car attached garage and centrally located near U of M Health-Sparrow Hospital, MSU Campus, Downtown Lansing with quick access to the highway. This traditional 2 story home is perfect for any size family, teeming with personality. Don't miss your opportunity to call this jewel home!

Last Agent to Sell the Property

Alicia Banks

Good Company Realty License #6506047106 Listed on: 01/29/2025

Good Company Realty

Co-Listed By

Brianna Alexander-Alston

Good Company Realty License #6501436561

Last Buyer's Agent

Ethan Bashore

RE/MAX Real Estate Professionals License #6501344343

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,127

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 99 x 48
  • Back Yard Fenced

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,640 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Woodwork
  • Crown Molding
  • Ceiling Fan
  • Living Room
  • Formal Dining Room

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Natural lighting in basement

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Ludwig Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,127

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2024
  • Levels: Two
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1925
  • Lot Size Acres: 0.1
  • Lot Size: 99 x 48
  • Co List Office Mls Id: 1125
  • Co List Office Phone: 248-733-5811
  • Subdivision Name: Ludwig Park
  • Above Grade Finished Sq Ft: 1640.0
  • Architectural Style: Traditional
  • Living Area: 1640.0
  • General Property Info:Lot Size Dimensions: 99 x 48
  • General Property Info:Above Grade Finished Area: 1640.0
  • General Property Info:Total Livable Area: 1640.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Levels:Two2: Yes
  • Location Legal Info:Real Estate Owned: No
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Laundry Features:In Basement: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Water Connected: Yes
  • Roof:Shingle: Yes
  • Fencing:Back Yard: Yes
  • Cooling:Central Air: Yes
  • Improvements:Formal Dining Room: Yes
  • Exterior:Wood Siding: Yes
  • Flooring:Vinyl2: Yes
  • Utilities:Natural Gas Connected: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Utilities:Phone Available: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Sewer Connected: Yes
  • Fencing:Full2: Yes
  • Utilities:High Speed Internet Connected: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 2388.0
  • Special Features: None

Interior Features

  • Basement: Daylight, Full
  • Heating: Forced Air, Natural Gas
  • Flooring: Hardwood, Tile, Vinyl
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Crown Molding, Natural Woodwork
  • Total Bedrooms: 5
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: First
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Full Basement: Yes
  • Basement:Daylight: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Built-in Features: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Natural Woodwork: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Crown Molding: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Full
  • Patio And Porch Features: Covered, Front Porch
  • Construction Type: Wood Siding
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Front Porch: Yes

Garage/Parking

  • Parking Features: Attached, Garage, Garage Door Opener
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage2: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Microwave, Range Hood, Water Heater, Washer, Refrigerator, Gas Range, Dryer
  • Cooling: Central Air
  • LaundryFeatures: In Basement
  • Utilities: Water Connected, Sewer Connected, Phone Available, Natural Gas Connected, High Speed Internet Connected, Electricity Connected, Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Water Heater: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 2054
  • Tax Annual Amount: 3127.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2025
Closed on
Mar 7, 2025
Sold by
Merrell Collin J and Coppersmith Robert M
Bought by
Goldsmith Mitchell
Seller's Agent
Alicia Banks
Good Company Realty
Buyer's Agent
Ethan Bashore
RE/MAX Real Estate Professionals
List Price
$174,900
Sold Price
$180,000
Premium/Discount to List
$5,100
2.92%
Views
41
Current Estimated Value
$186,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,769
Avg. Annual Appreciation
6.01%
Original Mortgage
$144,000
Outstanding Balance
$143,276
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$46,325

Purchase Details

Listed on
May 30, 2017
Closed on
Jul 11, 2017
Sold by
Middleton Benjamin
Bought by
Merrell Collin J and Coppersmith Robert M
Seller's Agent
Alicia Banks
RE/MAX Real Estate Professionals, Inc. West
Buyer's Agent
Alicia Banks
Good Company Realty
List Price
$75,000
Sold Price
$79,500
Premium/Discount to List
$4,500
6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.27%
Original Mortgage
$78,059
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 4, 2016
Closed on
Jul 8, 2016
Sold by
Heine Thomas and Heine Molliebeth
Bought by
Middleton Benjamin
Seller's Agent
Martha Bashore
Coldwell Banker Realty -Stadium
Buyer's Agent
Peter MacIntyre
RE/MAX Real Estate Professionals
List Price
$68,500
Sold Price
$68,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.89%

Purchase Details

Closed on
Jan 15, 2013
Sold by
Burgess Brenda E and Burgess Roger W
Bought by
Heine Thomas and Heine Molliebeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,920
Interest Rate
3.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $180,000 None Listed On Document
Warranty Deed $79,500 Ata National Title Group Llc
Warranty Deed $68,500 Tri County Title Agency Llc
Warranty Deed $54,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $144,000 New Conventional
Previous Owner $78,059 FHA
Previous Owner $43,920 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2025 03/07/25 Sold $180,000 +2.9% $110 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $174,900 +120.0% $107 / Sq Ft
07/13/2017 07/13/17 Sold $79,500 +6.0% $48 / Sq Ft View Prior Sale
05/31/2017 05/31/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $75,000 +9.5% $46 / Sq Ft
07/08/2016 07/08/16 Sold $68,500 0.0% $42 / Sq Ft View Prior Sale
06/15/2016 06/15/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $68,500 -- $42 / Sq Ft
Source: Greater Lansing Association of Realtors®

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 $3,127 $79,300 $4,400 $74,900
2024 $25 $70,800 $4,400 $66,400
2023 $2,932 $63,800 $4,400 $59,400
2022 $2,643 $54,800 $3,500 $51,300
2021 $2,588 $49,700 $5,500 $44,200
2020 $2,572 $46,400 $5,500 $40,900
2019 $2,465 $43,500 $5,500 $38,000
2018 $2,310 $38,300 $5,500 $32,800
2017 $2,196 $38,300 $5,500 $32,800
2016 $1,860 $35,700 $5,500 $30,200
2015 $1,860 $33,300 $10,900 $22,400
2014 $1,860 $32,800 $8,720 $24,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 285974

Greater Lansing Association of Realtors®

APN: 01-01-15-404-111