1501 Roselawn Ave Lansing, MI 48915
Bassett Park NeighborhoodEstimated Value: $75,000 - $85,000
2
Beds
1
Bath
825
Sq Ft
$95/Sq Ft
Est. Value
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 2023This 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 Listed By
Savannah McFarlin
The Gateway Group @ Keller Williams License #6501413761 Listed on: 08/03/2023
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
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%
Total Days on Market
235
Views
135
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,661
Avg. Annual Appreciation
11.89%
Original Mortgage
$53,050
Outstanding Balance
$52,504
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$24,255
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
17.03%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Lansing, MI
Home Values in the Area
Average Home Value in this Area
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 | $11,700 | |
| Previous Owner | Wycoff Stephanie | $51,300 | |
| Previous Owner | Horton Bobby F | $37,050 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 Compared to Growth
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 | $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
179 Total Sales
-
Chris Dean
Seller's Agent in 2014
Chris Dean
Gateway to Homes
(517) 749-6666
1 in this area
131 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 272219
APN: 01-01-08-204-121
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IDX information is provided exclusively for Consumers'
personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2025 Greater Lansing Association of REALTORS®
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