NOT LISTED FOR SALE

1503 N Foster Ave Lansing, MI 48912

Groesbeck Neighborhood

Estimated Value: $212,000 - $257,000

3 Beds
1.5 Baths
1,561 Sq Ft
$152/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $187,500 $120 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,651/month

10 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Living Room
  • 2-Story Property
  • 2 Car Detached Garage
  • 3-minute walk to Slater Park

About This Home

As of April 2021

Welcome to 1503 Foster Avenue! This charming ''move in ready'' ranch has it all! An open floor plan, living room with vaulted ceilings, three nice size bedrooms with hardwood floors, large newly finished lower level family room, and a spacious fenced backyard. This home will not last long, schedule your showing today!

Last Agent to Sell the Property

Ginny Matheson

Coldwell Banker Realty-Dewitt License #6501394985 Listed on: 03/05/2021

Last Buyer's Agent

Amy Sweet

RE/MAX RE Professionals Okemos License #6506045363

RE/MAX RE Professionals Okemos

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,085

Year Built

  • Built in 1956

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 78 x 136
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • 2-Story Property
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet

Community Details

  • Groesbeck Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,085

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2020
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1956
  • Lot Size Acres: 0.24
  • Lot Size: 78 X 136
  • Subdivision Name: Groesbeck
  • Above Grade Finished Sq Ft: 1086.0
  • Architectural Style: Ranch
  • Living Area: 1561.0
  • General Property Info:Lot Size Dimensions: 78 X 136
  • General Property Info:Above Grade Finished Area: 1086.0
  • General Property Info:Total Livable Area: 1561.0
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Levels:Two2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Rooms:Family Room2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:High Speed Internet Available: Yes
  • Cooling:Central Air: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Fencing:Fenced: Yes
  • Percent Basement Finished: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • General Property Info:Building Area Total SqFt: 2159.0
  • Special Features: None

Interior Features

  • Basement: Finished
  • Heating: Natural Gas
  • Interior Amenities: Vaulted Ceiling(s)
  • Total Bedrooms: 3
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Family Room Level: Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 475.0
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Fencing: Fenced
  • RoadSurfaceType: Paved
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Parking Features: Concrete Driveway, Detached, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage2: Yes
  • Parking Features:Concrete Driveway: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Microwave, Washer, Refrigerator, Oven, Dryer, Dishwasher
  • Cooling: Central Air
  • LaundryFeatures: Gas Dryer Hookup
  • Utilities: High Speed Internet Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 3314
  • Tax Annual Amount: 3085.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 15, 2021
Sold by
Gilliam Bernadine R
Bought by
Cummins Freund Madison and Eddleman Julie
Seller's Agent
Ginny Matheson
Coldwell Banker Realty-Dewitt
Buyer's Agent
Amy Sweet
RE/MAX RE Professionals Okemos
List Price
$173,900
Sold Price
$187,500
Premium/Discount to List
$13,600
7.82%
Current Estimated Value
$237,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,517
Avg. Annual Appreciation
5.50%
Original Mortgage
$168,625
Outstanding Balance
$152,577
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$84,440
Source: Public Records

Range of Values:

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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
Cummins Freund Madison $187,500 Tri County Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cummins Freund Madison $168,625
Previous Owner Gilliam Beranndine R $60,000
Previous Owner Gilliam Bernadine R $63,000
Previous Owner Gilliam Bernadine R $60,000
Previous Owner Gilliam Bernadine R $75,000
Previous Owner Gilliam Bernadine R $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $187,500 +7.8% $120 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $173,900 -- $111 / 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 $4,345 $104,800 $28,300 $76,500
2024 $20 $95,600 $22,100 $73,500
2023 $4,113 $86,100 $23,900 $62,200
2022 $3,929 $72,600 $24,300 $48,300
2021 $3,312 $70,600 $19,900 $50,700
2020 $3,085 $67,000 $19,900 $47,100
2019 $2,990 $63,100 $14,900 $48,200
2018 $2,761 $59,700 $13,700 $46,000
2017 $2,723 $59,700 $13,700 $46,000
2016 -- $56,500 $12,300 $44,200
2015 -- $54,600 $24,681 $29,919
2014 -- $53,800 $24,681 $29,119
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Ginny Matheson

    Coldwell Banker Realty-Dewitt

  • A

    Buyer's Agent in 2021

    Amy Sweet

    RE/MAX Michigan

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 253460

Greater Lansing Association of Realtors®

APN: 21-01-11-157-024

Michigan Ingham County Lansing 48912 Groesbeck

1503 N Foster Ave, Lansing, MI

This home is located at 1503 N Foster Ave, Lansing, MI 48912 since 05 March 2021 and is currently estimated at $237,017, approximately $151 per square foot. This property was built in 1956. 1503 N Foster 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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