Seller's Agent in 2023
Laura Guild
Keller Williams Realty Lansing
(517) 231-7457
4 in this area
137 Total Sales
1515 Bailey St Lansing, MI 48910
Fabulous Acres NeighborhoodEstimated Value: $86,000 - $97,845
5
Beds
2
Baths
1,316
Sq Ft
$69/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Main Floor Primary Bedroom
- Forced Air Heating System
- Wood Flooring
- Living Room
- 5-minute walk to Donora Park
About This Home
As of September 2023Wow! Take a look at this 5 bedroom 2 full bath home for an affordable price! This home welcomes you with a front porch perfect for relaxation. Once entering the home you will love the hardwood floors in the living room, and the beautiful freshly painted molding giving the home a warm feeling. The hardwood floors carry throughout the dining room which is connected to the kitchen that has new countertops and new kitchen sink. There are 2 bedrooms and a full size bath on the main floor as well. The 2nd level has 3 bedrooms and another full bath. This home has been freshly painted with new flooring in all bedrooms. And if this isn't the home for you, that's okay too! This house is a licensed rental in the city of Lansing! That's right, this home can be the perfect way to start your rental portfolio business, or you can add to your existing one. And because of the affordability of this house, it is being sold " AS-IS". Don't wait and schedule your tour today!
Last Agent to Sell the Property
Keller Williams Realty Lansing License #6501386416 Listed on: 07/12/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,462
Year Built
- Built in 1919
Lot Details
- 4,835 Sq Ft Lot
- Lot Dimensions are 42.5x114
- West Facing Home
Parking
- Driveway
Home Design
- Traditional Architecture
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,316 Sq Ft Home
- 2-Story Property
- Living Room
- Dining Room
Kitchen
- Oven
- Range
- Disposal
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
Basement
- Basement Fills Entire Space Under The House
- Michigan Basement
Location
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
- Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2023
Closed on
Sep 27, 2023
Sold by
Walling Randy
Bought by
Jones Michael A
Seller's Agent
Laura Guild
Keller Williams Realty Lansing
Buyer's Agent
Michaela Martin
RE/MAX Real Estate Professionals
List Price
$70,000
Sold Price
$80,000
Premium/Discount to List
$10,000
14.29%
Views
53
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
$11,211
Avg. Annual Appreciation
6.71%
Original Mortgage
$7,364
Outstanding Balance
$7,030
Interest Rate
2.3%
Estimated Equity
$84,181
Purchase Details
Closed on
Apr 26, 2007
Sold by
Jones Kris and Jones Rachel
Bought by
Lehman Brothers Structured Asset Investm
Purchase Details
Closed on
Mar 31, 2005
Sold by
Dennis Charles J and Dennis Lisa
Bought by
Jones Kris and Jones Rachel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
8.95%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jul 2, 2004
Sold by
Heaton Investments Llc
Bought by
Dennis Charles J and Kempf Scott R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 13, 2004
Sold by
Gonzalez Oscar
Bought by
Heaton Investments Llc
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 |
|---|---|---|---|
| Jones Michael A | $80,000 | Transnation Title | |
| Lehman Brothers Structured Asset Investm | $41,000 | None Available | |
| Jones Kris | $96,000 | Devon Title | |
| Dennis Charles J | -- | Professional Title & Mortgag | |
| Heaton Investments Llc | $32,500 | Midstate Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jones Michael A | $7,364 | |
| Open | Jones Michael A | $78,551 | |
| Previous Owner | Jones Kris | $86,400 | |
| Previous Owner | Dennis Charles J | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2023 09/27/23 | Sold | $80,000 | +14.4% | $61 / Sq Ft |
| 07/17/2023 07/17/23 | Pending | -- | -- | -- |
| 07/12/2023 07/12/23 | Price Changed | $69,900 | -0.1% | $53 / Sq Ft |
| 07/12/2023 07/12/23 | For Sale | $70,000 | -- | $53 / 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 | $2,687 | $48,600 | $3,200 | $45,400 |
| 2024 | $22 | $33,000 | $3,200 | $29,800 |
| 2023 | $1,597 | $29,400 | $3,200 | $26,200 |
| 2022 | $1,462 | $27,300 | $2,700 | $24,600 |
| 2021 | $1,428 | $24,300 | $2,600 | $21,700 |
| 2020 | $1,417 | $22,500 | $2,600 | $19,900 |
| 2019 | $1,367 | $19,500 | $0 | $0 |
| 2018 | $1,298 | $16,200 | $2,600 | $13,600 |
| 2017 | $2,298 | $16,200 | $2,600 | $13,600 |
| 2016 | $1,210 | $15,900 | $2,600 | $13,300 |
| 2015 | $1,210 | $15,600 | $5,276 | $10,324 |
| 2014 | $1,210 | $15,500 | $4,059 | $11,441 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Guild
-
Michaela Martin
Buyer's Agent in 2023
Michaela Martin
RE/MAX Michigan
(859) 391-4447
3 in this area
67 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 274434
APN: 01-01-22-351-011
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