NOT LISTED FOR SALE

Estimated Value: $166,599 - $185,000

3 Beds
1 Bath
1,138 Sq Ft
$156/Sq Ft Est. Value

Last Sold May 21, 2020

Last sale price $58,076 $51 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $988/month

52 Days on Market

Highlights

  • Deck
  • Living Room
  • Dining Room
  • Covered patio or porch
  • Forced Air Heating System

About This Home

As of May 2020

Welcome to 1412 Pettis St. in Lansing! Three bedroom, two story home with a detached one car garage! Sharp home with hardwood floors. Some updates have been done and it's ready for your finishing touches. Close to Quentin and Riverside Parks. Great location! Close to amenities. Call today for more information! HUD Home. www.sageacq.com for more information on Lead-Based paint and Radon Gas and Mold Notices, Electronic Bidding, and Earnest Money procedures. All properties sold ''As-Is'' without any guarantee or warranty by seller. FHA #263-488297 Insurability-IE

Last Agent to Sell the Property

Laura Olson

Keller Williams Realty Lansing License #6501313355 Listed on: 04/09/2020

Keller Williams Realty Lansing

Last Buyer's Agent

Laura Olson

Keller Williams Realty Lansing License #6501313355 Listed on: 04/09/2020

Keller Williams Realty Lansing

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1918

Lot Details

  • 4,661 Sq Ft Lot
  • Lot Dimensions are 40.1x115.7

Parking

  • 1 Car Garage
  • Shared Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,138 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

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

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

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

Community Details

  • Sagamore Hill Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1918

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 19
  • Levels: Two
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1918
  • Lot Size Acres: 0.11
  • Lot Size: 40.1x115.7
  • Subdivision Name: Sagamore Hill
  • Above Grade Finished Sq Ft: 1138.0
  • Living Area: 1138.0
  • General Property Info:Lot Size Dimensions: 40.1x115.7
  • General Property Info:Above Grade Finished Area: 1138.0
  • General Property Info:Total Livable Area: 1138.0
  • Baths:_pound_Full Baths 2: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Levels:Two2: Yes
  • Location Legal Info:Real Estate Owned: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • General Property Info:Building Area Total SqFt: 1714.0
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Daylight, Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Laminate Counters
  • Total Bedrooms: 3
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Basement:Daylight: Yes
  • Community Features:Curbs: Yes
  • Community Features:Sidewalks: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:None3: Yes

Exterior Features

  • Roof: Shingle
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Deck, Porch
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Shared Driveway
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Shared Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 4660.92
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2471.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2020
Closed on
May 15, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
Lerma Lee E
Seller's Agent
Laura Olson
Keller Williams Realty Lansing
Buyer's Agent
Laura Olson
Keller Williams Realty Lansing
List Price
$55,000
Sold Price
$58,076
Premium/Discount to List
$3,076
5.59%
Current Estimated Value
$177,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,824
Avg. Annual Appreciation
23.60%
Original Mortgage
$56,334
Outstanding Balance
$50,462
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$123,227

Purchase Details

Closed on
May 30, 2019
Sold by
Michigan State Housing Dev Authority
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 18, 2019
Sold by
Batson Chris Aj
Bought by
Michigan State Housing Dev Authority

Purchase Details

Closed on
Oct 21, 2010
Sold by
Royal Paint Company Inc
Bought by
Batson Chris Aj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,003
Interest Rate
4.17%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 2007
Sold by
Saul Roy and Saul Becky Ann
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Mar 3, 2005
Sold by
Schaaf Michelle
Bought by
U S Mortgage

Purchase Details

Closed on
Nov 15, 2001
Sold by
Hurst Derek D and Hurst Lori A
Bought by
Schaaf Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,122
Interest Rate
6.68%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 1994

Purchase Details

Closed on
Aug 1, 1992
Source: Public Records

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
Lerma Lee E -- Transnation Title Agency
Secretary Of Housing & Urban Development -- Servicelink
Michigan State Housing Dev Authority $71,316 None Available
Batson Chris Aj $75,000 Bell Title Company
Hsbc Mortgage Services Inc $77,667 None Available
U S Mortgage $120,456 --
Schaaf Michelle $112,000 --
-- $50,000 --
-- $17,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lerma Lee E $56,334
Previous Owner Batson Chris Aj $74,003
Previous Owner Batson Chris A J $2,410
Previous Owner Saul Roy $135,000
Previous Owner Schaaf Michelle $111,122
Previous Owner Hurst Derek D $72,000
Previous Owner Hurst Lori A $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2020 05/21/20 Sold $58,076 +5.6% $51 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $55,000 0.0% $48 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $55,000 -- $48 / 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 $30 $61,300 $6,400 $54,900
2023 $3,532 $55,200 $6,400 $48,800
2022 $3,182 $52,800 $8,800 $44,000
2021 $3,116 $50,600 $8,800 $41,800
2020 $115 $0 $0 $0
2019 $2,471 $42,900 $8,800 $34,100
2018 $2,302 $42,200 $8,800 $33,400
2017 $2,204 $42,200 $8,800 $33,400
2016 $2,108 $39,500 $8,800 $30,700
2015 $2,108 $38,300 $17,522 $20,778
2014 $2,108 $37,400 $17,522 $19,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 244338

Greater Lansing Association of Realtors®

APN: 01-01-20-328-341