J
Seller's Agent in 2024
John Burg
EXIT Realty Home Partners
(517) 648-2854
1 in this area
84 Total Sales
1511 N Magnolia Ave Lansing, MI 48912
Groesbeck NeighborhoodEstimated Value: $291,000 - $309,000
4
Beds
2.5
Baths
1,899
Sq Ft
$159/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Wood Flooring
- Double Pane Windows
- Deck
- Eat-In Kitchen
- Soaking Tub
About This Home
As of June 2024Check out this wonderful 4-bedroom, 2.5-bathroom home is the heart of the highly desirable Groesbeck neighbor. Home features a formal dining, eat in kitchen, with hardwood floors. Large family room with a gas fireplace and a slider that leads you out onto a large deck with built-in seating, overlooking a lovely fenced in backyard with a gas fire pit, great for entertaining or relaxing. Newer roof and windows, basement is ready to be finished with very little effort. Great home do not delay. This home will not last long.
Last Agent to Sell the Property
EXIT Realty Home Partners License #6506047877 Listed on: 04/24/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,142
Year Built
- Built in 1971
Lot Details
- 0.26 Acre Lot
- Wood Fence
- Chain Link Fence
- Landscaped
- Level Lot
- Few Trees
- Back Yard Fenced
Parking
- 2 Car Garage
- Front Facing Garage
- Driveway
Home Design
- Colonial Architecture
- Shingle Roof
- Aluminum Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,899 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Gas Fireplace
- Double Pane Windows
- Insulated Windows
- Family Room with Fireplace
- Living Room
- Dining Room
Kitchen
- Eat-In Kitchen
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
- Laminate Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Soaking Tub
Laundry
- Dryer
- Washer
Basement
- Partial Basement
- Laundry in Basement
- Natural lighting in basement
Outdoor Features
- Deck
- Shed
- Rain Gutters
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
- Gas Water Heater
Community Details
- Groesbeck Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2024
Closed on
Jun 4, 2024
Sold by
Joanne Schutz Trust
Bought by
Ku Ba and Meh Mee
Seller's Agent
John Burg
EXIT Realty Home Partners
Buyer's Agent
Christopher Silker
Keller Williams Realty Lansing
List Price
$270,000
Sold Price
$290,000
Premium/Discount to List
$20,000
7.41%
Views
24
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
$11,341
Avg. Annual Appreciation
-1.29%
Original Mortgage
$261,000
Outstanding Balance
$258,018
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$27,237
Purchase Details
Closed on
Apr 24, 2003
Sold by
Schutz Joanne
Bought by
Schutz Joanne and Joanne Schutz Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6%
Mortgage Type
Credit Line Revolving
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ku Ba | $290,000 | Transnation Title | |
| Schutz Joanne | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ku Ba | $261,000 | |
| Previous Owner | Schutz Joanne | $50,000 | |
| Previous Owner | Schutz Joanne | $20,000 | |
| Previous Owner | Schutz Joanne E | $40,650 | |
| Previous Owner | Schutz Joanne E | $50,000 | |
| Previous Owner | Schutz Joanne E | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2024 06/04/24 | Sold | $290,000 | +7.4% | $153 / Sq Ft |
| 04/28/2024 04/28/24 | Pending | -- | -- | -- |
| 04/24/2024 04/24/24 | For Sale | $270,000 | -- | $142 / 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 |
|---|---|---|---|---|
| 2025 | $5,488 | $126,000 | $19,200 | $106,800 |
| 2024 | $44 | $120,100 | $19,200 | $100,900 |
| 2023 | $5,142 | $109,200 | $19,200 | $90,000 |
| 2022 | $4,628 | $100,100 | $16,400 | $83,700 |
| 2021 | $4,531 | $100,500 | $15,600 | $84,900 |
| 2020 | $4,505 | $95,900 | $15,600 | $80,300 |
| 2019 | $4,322 | $88,000 | $15,600 | $72,400 |
| 2018 | $4,045 | $78,500 | $15,600 | $62,900 |
| 2017 | $3,874 | $78,500 | $15,600 | $62,900 |
| 2016 | $3,705 | $74,400 | $15,600 | $58,800 |
| 2015 | $3,705 | $72,300 | $31,195 | $41,105 |
| 2014 | $3,705 | $70,000 | $31,195 | $38,805 |
Source: Public Records
Agents Affiliated with this Home
-
John Burg
-
Christopher Silker
Buyer's Agent in 2024
Christopher Silker
Keller Williams Realty Lansing
(517) 242-9251
5 in this area
287 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 280079
APN: 01-01-11-153-221
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Copyright © 2025 Greater Lansing Association of REALTORS®
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