NOT LISTED FOR SALE

1501 N Magnolia Ave Lansing, MI 48912

Groesbeck Neighborhood

Estimated Value: $315,000 - $335,000

4 Beds
2.5 Baths
2,844 Sq Ft
$115/Sq Ft Est. Value

Last Sold November 26, 2012

Last sale price $109,900 $39 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $2,237/month

9 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Living Room
  • Covered Patio or Porch
  • 2 Car Attached Garage
  • Entrance Foyer

About This Home

As of November 2012

Welcome to 1501 N Magnolia Avenue: Fabulous 4 bedroom 2.5 bath home located in popular Groesbeck Subdivision. Over 2144 Square feet of living space. Updated paint & decor throughout. Main level offers formal dining room & living room. A spacious family room area with large beautiful brick fireplace. Galley kitchen with lots of cupboards, pantry and large eat-in breakfast nook. Convenient first floor laundry & 1/2 bath. Lots of character throughout! Second floor has two additional bedrooms, full bath and large master bedrrom with master bath. Lots of room to grow! Fenced in backyard with deck & patio area.

Last Agent to Sell the Property

Nichole McCollum

RE/MAX Real Estate Professionals, Inc. West License #6501359867 Listed on: 07/30/2012

RE/MAX Real Estate Professionals, Inc. West

Last Buyer's Agent

Martha Bashore

RE/MAX Real Estate Professionals License #6506038564

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 80x151.90
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • Groesbeck Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 11
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1969
  • Lot Size Acres: 0.28
  • Lot Size: 80X151.90
  • Subdivision Name: Groesbeck
  • Above Grade Finished Sq Ft: 2144.0
  • Living Area: 2844.0
  • General Property Info:Lot Size Dimensions: 80X151.90
  • General Property Info:Above Grade Finished Area: 2144.0
  • General Property Info:Total Livable Area: 2844.0
  • 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
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • General Property Info:ECO Friendly Features: No
  • Improvements:Formal Dining Room: Yes
  • Exterior:Brick: Yes
  • Fencing:Fenced: Yes
  • General Property Info:Building Area Total SqFt: 3238.0
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Entrance Foyer, 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: 700.0
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Basement:Partially Finished: Yes
  • Interior Features:Entrance Foyer: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Fencing: Fenced
  • Patio And Porch Features: Covered, Deck, Porch
  • Home Warranty: No
  • Construction Type: Brick, Aluminum Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

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

Utilities

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

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4099.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2012
Closed on
Nov 26, 2012
Sold by
Beckwith Joshua and Beckwith Marcie
Bought by
Doherty David J
Seller's Agent
Nichole McCollum
RE/MAX Real Estate Professionals, Inc. West
Buyer's Agent
Martha Bashore
RE/MAX Real Estate Professionals
List Price
$109,900
Sold Price
$109,900
Current Estimated Value
$326,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,014
Avg. Annual Appreciation
8.31%
Original Mortgage
$87,920
Outstanding Balance
$62,020
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$244,117

Purchase Details

Closed on
Jul 3, 2002
Sold by
Johnson Richard H
Bought by
Beckwith Joshua and Beckwith Marcie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,750
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 1998
Sold by
Johnson Gertrude M
Bought by
Johnson Gertrude M-Trust

Purchase Details

Closed on
Jul 10, 1996
Sold by
Johnson Gertrude M
Bought by
Johnson Gertrude M and The Gertrude M Johnson Trust
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 Buyer Sale Price Title Company
Doherty David J $109,900 Midstate Title Agency Llc
Beckwith Joshua $162,900 --
Johnson Gertrude M-Trust -- --
Johnson Gertrude M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doherty David J $87,920
Previous Owner Beckwith Joshua $154,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2012 11/26/12 Sold $109,900 0.0% $39 / Sq Ft
08/08/2012 08/08/12 Pending -- -- --
07/30/2012 07/30/12 For Sale $109,900 -- $39 / 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 $6,049 $148,400 $20,800 $127,600
2024 $5,667 $142,000 $20,800 $121,200
2023 $5,667 $129,300 $20,800 $108,500
2022 $5,099 $116,600 $17,700 $98,900
2021 $4,993 $115,100 $16,900 $98,200
2020 $4,964 $110,300 $16,900 $93,400
2019 $4,763 $101,800 $16,900 $84,900
2018 $4,457 $93,600 $16,900 $76,700
2017 $4,269 $93,600 $16,900 $76,700
2016 $4,082 $88,600 $16,900 $71,700
2015 $4,082 $86,300 $33,726 $52,574
2014 $4,082 $83,800 $33,726 $50,074
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2012

    Nichole McCollum

    RE/MAX Michigan

    Section Image

  • M

    Buyer's Agent in 2012

    Martha Bashore

    RE/MAX Michigan

    (517) 281-6461

    7 Total Sales

    Martha Bashore
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 39650

Greater Lansing Association of Realtors®

APN: 01-01-11-153-211

Michigan Ingham County Lansing 48912 Groesbeck

1501 N Magnolia Ave, Lansing, MI

This home is located at 1501 N Magnolia Ave, Lansing, MI 48912 since 30 July 2012 and is currently estimated at $326,914, approximately $114 per square foot. This property was built in 1969. 1501 N Magnolia Ave is a home located in Ingham County with nearby schools including Pattengill Academy, Willow School, and Eastern Lansing High School.

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