NOT LISTED FOR SALE

1501 Roselawn Ave Lansing, MI 48915

Bassett Park Neighborhood

Estimated Value: $78,000 - $89,000

2 Beds
1 Bath
825 Sq Ft
$101/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $65,000 $79 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $510/month

235 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Forced Air Heating System
  • High Speed Internet
  • Living Room
  • Dining Room
  • 3-minute walk to Basset Park

About This Home

As of December 2023

This listing features a classic 2-bedroom, 1-bathroom Cape Cod home with a full basement, covered porch, fenced yard, deck, and a spacious finished attic. The property is currently tenant-occupied, offering immediate rental income and an attractive investment opportunity. It is also part of a package deal that includes 17 other properties, making it an excellent option for investors looking to diversify their real estate portfolio. Restricted showing times due to tenant occupancy. Certified Rental in the City of Lansing See attached property list for the list of properties for sale. Seller is a licensed real estate agent in the state of Michigan.

Last Agent to Sell the Property

Savannah McFarlin

The Gateway Group @ Keller Williams License #6501413761 Listed on: 08/03/2023

Co-Listed By

Paul Brown

Gateway to Homes License #6506040806

Last Buyer's Agent

Paul Brown

Keller Williams Realty Lansing

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 6,490 Sq Ft Lot
  • Lot Dimensions are 76x85

Parking

  • Driveway

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 825 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Rosedale Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

6,490 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Rental, Primary, Investment
  • Tax Year: 2022
  • Levels: One and One Half
  • Year Built: 1929
  • Lot Size Acres: 0.15
  • Lot Size: 76x85
  • Co List Office Mls Id: 206
  • Co List Office Phone: 517-321-6373
  • Subdivision Name: Rosedale
  • Above Grade Finished Sq Ft: 825.0
  • Living Area: 825.0
  • General Property Info:Lot Size Dimensions: 76x85
  • General Property Info:Above Grade Finished Area: 825.0
  • General Property Info:Total Livable Area: 825.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Exterior:Aluminum Siding: Yes
  • Location Legal Info:Real Estate Owned: No
  • Laundry Features:In Basement: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Water Connected: Yes
  • Roof:Shingle: Yes
  • Levels:One and One Half: Yes
  • Utilities:Natural Gas Connected: Yes
  • Cooling:None8: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Sewer Connected: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1485.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 2
  • Property Type: Residential
  • Full Bathrooms: 1
  • Full Basement: Yes
  • Appliances:None3: Yes

Exterior Features

  • Roof: Shingle
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: None
  • Cooling: None
  • LaundryFeatures: In Basement
  • Utilities: Water Connected, Sewer Connected, Natural Gas Connected, High Speed Internet Available, Electricity Connected, Cable Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 6490.44
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1556
  • Tax Annual Amount: 2408.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Dec 5, 2023
Sold by
Kepakesasha Llc
Bought by
Jolley Shawn Ryan
Seller's Agent
Savannah McFarlin
The Gateway Group @ Keller Williams
Buyer's Agent
Paul Brown
Gateway to Homes
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%
Views
135
Current Estimated Value
$82,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,989
Avg. Annual Appreciation
11.75%
Original Mortgage
$53,050
Outstanding Balance
$52,212
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$30,777

Purchase Details

Closed on
Jun 19, 2017
Sold by
Ingham Country Land Bank
Bought by
Castanon Pablo and Castanon Leticia

Purchase Details

Closed on
Oct 14, 2014
Sold by
Azar Keith
Bought by
Kepakesasha Llc

Purchase Details

Listed on
Jan 8, 2014
Closed on
Apr 18, 2014
Sold by
Fannie Mae
Bought by
Azar Keith
Seller's Agent
Chris Dean
Gateway to Homes
Buyer's Agent
Paul Brown
Gateway to Homes
List Price
$20,900
Sold Price
$13,350
Premium/Discount to List
-$7,550
-36.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.69%

Purchase Details

Closed on
Mar 29, 2013
Sold by
Green Tree Servicing Llc
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Mar 21, 2013
Sold by
Byrd Gregory P and Angel Melody
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Jan 24, 2007
Sold by
Gordon Mayer B and Gordon Loren B
Bought by
Byrd Gregory P and Angel Melody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
6.22%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 17, 2005
Sold by
Wycoff Stephanie
Bought by
Gordon Mayer B and Gordon Loren B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2002
Sold by
Cygnet Llc
Bought by
Wycoff Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2002
Sold by
Dlj Mtg Capital Inc
Bought by
Cygnet Llc

Purchase Details

Closed on
Apr 26, 2001
Sold by
Horton Bobby F
Bought by
Dlj Mtg Capital Inc

Purchase Details

Closed on
Apr 6, 1998
Sold by
Ward Willie
Bought by
Horton Bobby F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jolley Shawn Ryan $65,000 Transnation Title
Castanon Pablo $500 Capital Fund Title Services
Kepakesasha Llc -- None Available
Azar Keith $16,020 None Available
Fannie Mae -- None Available
Green Tree Servicing Llc $69,315 None Available
Byrd Gregory P $88,000 Devon Title
Gordon Mayer B $92,000 Devon Title
Wycoff Stephanie $54,000 Chicago Title Of Michigan In
Cygnet Llc $43,900 Chicago Title
Dlj Mtg Capital Inc $42,410 --
Horton Bobby F $25,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jolley Shawn Ryan $53,050
Previous Owner Byrd Gregory P $70,400
Previous Owner Gordon Mayer B $82,800
Previous Owner Wycoff Stephanie $51,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2023 12/05/23 Sold $65,000 +1.6% $79 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
09/27/2023 09/27/23 Price Changed $64,000 -14.6% $78 / Sq Ft
08/03/2023 08/03/23 For Sale $74,900 0.0% $91 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $74,900 +461.0% $91 / Sq Ft
04/18/2014 04/18/14 Sold $13,350 -36.1% $16 / Sq Ft View Prior Sale
03/30/2014 03/30/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $20,900 -- $25 / 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 $2,654 $44,300 $5,200 $39,100
2024 $21 $40,000 $5,200 $34,800
2023 $2,637 $34,900 $5,200 $29,700
2022 $2,409 $31,400 $5,300 $26,100
2021 $2,353 $30,300 $6,700 $23,600
2020 $2,336 $29,200 $6,700 $22,500
2019 $2,257 $28,500 $6,700 $21,800
2018 $2,140 $27,700 $6,700 $21,000
2017 $2,060 $27,700 $6,700 $21,000
2016 $1,879 $27,300 $6,700 $20,600
2015 $1,879 $26,600 $13,350 $13,250
2014 $1,879 $24,800 $12,000 $12,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Savannah McFarlin

    The Gateway Group @ Keller Williams

  • Paul Brown

    Seller Co-Listing Agent in 2023

    Paul Brown

    Gateway to Homes

    (517) 321-6373

    2 in this area

    160 Total Sales

    Paul Brown
    Section Image
  • Chris Dean

    Seller's Agent in 2014

    Chris Dean

    Gateway to Homes

    (517) 749-6666

    1 in this area

    109 Total Sales

    Chris Dean
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 272219

Greater Lansing Association of Realtors®

APN: 01-01-08-204-121

Michigan Ingham County Lansing 48915 Bassett Park

1501 Roselawn Ave, Lansing, MI

Not Listed for Sale

Detached

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