$21,510
SOLD OCT 14, 2016

1414 Reo Rd Lansing, MI 48910

3 Beds
1 Bath
864 Sq Ft
0.6 Acres

Recently Sold

$25 Per Sq Ft

18 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Forced Air Heating System
  • Ranch Style House
  • Living Room
  • Dining Room

About This Home

As of September 2019

Two car garage! Deep lot! Tremendous opportunity with this 3 bedroom ranch on .6 acres in a centrally located Lansing neighborhood; hardwood floors in the living room; full basement; two car detached garage with room enough for a workshop area; This is a Fannie Mae Homepath property. The seller has directed that all offers on this listing be made using the HomePath Online Offer system at the HomePath website. Please go to HomePath.com to make an offer.

Last Agent to Sell the Property

D. Michon/Michon Group

RE/MAX Real Estate Professionals License #6501311699 Listed on: 09/16/2016

RE/MAX Real Estate Professionals

Last Buyer's Agent

Angela Averill

Century 21 Affiliated License #6501312624

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 99 x 264

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • Prosperity Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 15
  • Levels: One
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1959
  • Lot Size Acres: 0.6
  • Lot Size: 99 X 264
  • Subdivision Name: Prosperity
  • Above Grade Finished Sq Ft: 864.0
  • Architectural Style: Ranch
  • Living Area: 864.0
  • General Property Info:Lot Size Dimensions: 99 X 264
  • General Property Info:Above Grade Finished Area: 864.0
  • General Property Info:Total Livable Area: 864.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Sewer:Public Sewer: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1728.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 3
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances:None3: Yes

Exterior Features

  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • Appliances: None, Gas Water Heater
  • SecurityFeatures: Smoke Detector(s)
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 26136.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1761.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Sep 10, 2019
Sold by
Smith Timmie and Smith Katina
Bought by
Hicks Katelynn S
Seller's Agent
Angela Averill
Coldwell Banker Professionals-Delta
Buyer's Agent
Savannah McFarlin
Bellabay Realty, LLC
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Current Estimated Value
$143,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,880
Avg. Annual Appreciation
7.16%
Original Mortgage
$93,279
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 16, 2016
Closed on
Oct 18, 2016
Sold by
Fannie Mae and Federal National Mortgage Association
Bought by
Smith Katina and Smith Timmie
Seller's Agent
D. Michon/Michon Group
RE/MAX Real Estate Professionals
Buyer's Agent
Angela Averill
Century 21 Affiliated
List Price
$21,500
Sold Price
$21,510
Premium/Discount to List
$10
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.89%
Interest Rate
3.47%

Purchase Details

Closed on
Jun 30, 2016
Sold by
Derogee John D and Derogee Marilynne E
Bought by
Federal National Mortgage Assocition

Purchase Details

Closed on
Aug 1, 1992
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $95,000 None Available
Deed $21,510 --
Sheriffs Deed $38,678 None Available
Warranty Deed $44,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $97,500 New Conventional
Closed $93,279 FHA
Previous Owner -- No Value Available
Previous Owner $44,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2019 09/09/19 Sold $95,000 -4.9% $110 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $99,900 +364.4% $116 / Sq Ft
10/14/2016 10/14/16 Sold $21,510 0.0% $25 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $21,500 -- $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
2025 $2,710 $64,500 $15,200 $49,300
2024 $21 $55,100 $15,200 $39,900
2023 $2,541 $49,300 $15,200 $34,100
2022 $2,292 $44,600 $13,100 $31,500
2021 $2,244 $38,000 $7,800 $30,200
2020 $2,231 $35,400 $7,800 $27,600
2019 $3,648 $33,900 $7,800 $26,100
2018 $1,952 $32,400 $7,800 $24,600
2017 $1,873 $32,400 $7,800 $24,600
2016 $1,796 $31,900 $7,800 $24,100
2015 $1,796 $31,000 $15,575 $15,425
2014 $1,796 $31,600 $22,843 $8,757
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 85969

Greater Lansing Association of Realtors®

APN: 01-01-32-402-021