NOT LISTED FOR SALE

Estimated Value: $251,000 - $288,000

3 Beds
1.5 Baths
1,796 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $255,000 $142 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,949/month

22 Days on Market

Highlights

  • 0.43 Acre Lot
  • Formal Dining Room
  • Living Room
  • Deck
  • Porch
  • Entrance Foyer

About This Home

As of March 2024

Introducing 1507 W Michigan Ave, Lansing, MI 48915 - Your charming slice of Lansing history! Nestled in the heart of Lansing, this beautiful brick Craftsman-era home seamlessly marries classic architecture with modern sensibility. Meticulously updated with contemporary finishes, this residence offers a timeless blend of character and convenience. Step inside, and you'll be greeted by an abundance of natural light, highlighting the beautiful hardwood floors and fine craftsmanship. The modern kitchen is a chef's dream, featuring updated countertops, contemporary appliances, and an open layout that invites family and friends to gather and enjoy. The first floor offers a bonus office/den and half bath with the 3 bedrooms and full bath on the second story. The exterior features an inviting brick façade, a welcoming front porch, and a spacious backyard for outdoor enjoyment. Complete with a 2-car garage and a prime location near downtown Lansing, this property offers both style and comfort.

Last Agent to Sell the Property

Kayla Dobson

EXIT Realty Home Partners License #6506047863 Listed on: 12/16/2023

EXIT Realty Home Partners

Last Buyer's Agent

Elizabeth (Betsy Acker

EXIT Realty Home Partners License #6501444178

EXIT Realty Home Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,356

Year Built

  • Built in 1928

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 75x121.38

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,796 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Mcpherson Subdivision
  • Office

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,356

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2022
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1928
  • Fireplaces: 1
  • Lot Size Acres: 0.43
  • Lot Size: 75x121.38
  • Subdivision Name: McPherson
  • Above Grade Finished Sq Ft: 1796.0
  • Living Area: 1796.0
  • General Property Info:Lot Size Dimensions: 75x121.38
  • General Property Info:Above Grade Finished Area: 1796.0
  • General Property Info:Total Livable Area: 1796.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Levels:Two2: Yes
  • Location Legal Info:Real Estate Owned: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Improvements:Formal Dining Room: Yes
  • Exterior:Brick: Yes
  • Exterior:Wood Siding: Yes
  • Rooms:Office: Yes
  • Cooling:None8: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 2826.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Hot Water, Natural Gas
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, High Speed Internet, Laminate Counters
  • Total Bedrooms: 3
  • Room: 7
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Office Level: First
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Community Features:Curbs: Yes
  • Community Features:Sidewalks: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Entrance Foyer: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Gas Oven: Yes

Exterior Features

  • Roof: Shingle
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Deck, Porch
  • Home Warranty: No
  • Construction Type: Brick, Wood Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Asphalt, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Oven, Gas Water Heater, Washer, Refrigerator, Range, Dryer, Dishwasher
  • Cooling: None
  • LaundryFeatures: Electric Dryer Hookup
  • SecurityFeatures: Smoke Detector(s)
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 18730.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1762
  • Tax Annual Amount: 5355.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2023
Closed on
Mar 25, 2024
Sold by
Stangheilini Alexis and Robison Kenneth
Bought by
Larioza Samuel J and Melendez Priscilla
Seller's Agent
Kayla Dobson
EXIT Realty Home Partners
Buyer's Agent
Elizabeth (Betsy Acker
EXIT Realty Home Partners
List Price
$264,900
Sold Price
$255,000
Premium/Discount to List
-$9,900
-3.74%
Total Days on Market
22
Views
554
Current Estimated Value
$267,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,608
Avg. Annual Appreciation
3.23%
Original Mortgage
$242,250
Outstanding Balance
$238,554
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$29,054

Purchase Details

Listed on
Jun 23, 2020
Closed on
Aug 3, 2020
Sold by
Miller Matthew R and Borcijla Andaluna C
Bought by
Robison Kenneth
Seller's Agent
HBB Realtors
Coldwell Banker Realty -Stadium
Buyer's Agent
Eli Abdalla
EXP Realty, LLC
List Price
$187,500
Sold Price
$190,000
Premium/Discount to List
$2,500
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$186,558
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2005
Sold by
Lafaive Andrew C and Lapinski Lafaive Maria K
Bought by
Miller Matthew R and Borcila Andaluna C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 13, 1999
Sold by
Nevin John A and Nevin Laurie
Bought by
Lafaive Andrew C and Lapinski Lafaive Maria K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,900
Interest Rate
7.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 1996
Sold by
Jeffers Pamela A
Bought by
Nevin John A and Nevin Laurie

Purchase Details

Closed on
Jul 1, 1994
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
Larioza Samuel J $255,000 None Listed On Document
Robison Kenneth $190,000 Tri County Title Agency Llc
Miller Matthew R $186,000 Chicago Title Insurance Co
Lafaive Andrew C $129,900 --
Nevin John A $10,000 --
-- $85,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larioza Samuel J $242,250
Previous Owner Miller Matthew R $148,800
Previous Owner Lafaive Andrew C $103,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $255,000 -3.7% $142 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/12/2023 11/12/23 For Sale $264,900 +39.4% $147 / Sq Ft
07/31/2020 07/31/20 Sold $190,000 +1.3% $106 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $187,500 -- $104 / 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 $6,354 $121,500 $12,200 $109,300
2024 $51 $111,500 $12,200 $99,300
2023 $5,952 $99,300 $12,200 $87,100
2022 $5,356 $93,200 $9,200 $84,000
2021 $5,269 $86,500 $9,600 $76,900
2020 $3,388 $77,700 $9,600 $68,100
2019 $3,250 $71,000 $9,600 $61,400
2018 $3,043 $65,800 $9,600 $56,200
2017 $2,914 $65,800 $9,600 $56,200
2016 $2,835 $56,300 $9,600 $46,700
2015 $2,835 $50,800 $19,148 $31,652
2014 $2,835 $50,900 $24,000 $26,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 277018

Greater Lansing Association of Realtors®

APN: 01-01-17-326-111