Seller's Agent in 2021
Gary Newton
RE/MAX Michigan
(517) 410-8307
8 in this area
705 Total Sales
1524 Bailey St Lansing, MI 48910
Fabulous Acres NeighborhoodEstimated Value: $66,000 - $78,000
3
Beds
1
Bath
1,160
Sq Ft
$61/Sq Ft
Est. Value
Highlights
- Main Floor Bedroom
- Living Room
- Dining Room
- Porch
- Forced Air Heating System
- 5-minute walk to Donora Park
About This Home
As of June 2021This home is located at 1524 Bailey St, Lansing, MI 48910 since 21 December 2020 and is currently estimated at $70,635, approximately $60 per square foot. This property was built in 1916. 1524 Bailey St is a home located in Ingham County with nearby schools including Lyons Elementary School, Pattengill Academy, and Eastern Lansing High School.
Last Agent to Sell the Property
RE/MAX Real Estate Professionals License #6506045750 Listed on: 12/21/2020
Home Details
Home Type
- Single Family
Year Built
- Built in 1916
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 28.9x130.1
- East Facing Home
Home Design
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,160 Sq Ft Home
- 2-Story Property
- Living Room
- Dining Room
- Michigan Basement
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- 1 Full Bathroom
Parking
- No Garage
- Shared Driveway
Outdoor Features
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- Torrance Farm Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 21, 2020
Closed on
Jun 9, 2021
Sold by
Kakleron Llc
Bought by
Bennett Mark A
Seller's Agent
Gary Newton
RE/MAX Real Estate Professionals
Buyer's Agent
Jason VanSickle
RE/MAX Real Estate Professionals
List Price
$63,000
Sold Price
$45,000
Premium/Discount to List
-$18,000
-28.57%
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
$25,635
Avg. Annual Appreciation
11.03%
Original Mortgage
$44,184
Outstanding Balance
$40,003
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$30,632
Purchase Details
Listed on
Dec 20, 2019
Closed on
Jun 17, 2020
Sold by
Trahey Brian A and Trahey Amy L
Bought by
Kalderon Llc
Seller's Agent
Jeffrey Bone
Century 21 Affiliated
Buyer's Agent
Jamie Fox
Trubrook, LLC
List Price
$49,900
Sold Price
$31,000
Premium/Discount to List
-$18,900
-37.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.27%
Purchase Details
Closed on
Jul 15, 1999
Sold by
Banc One Financial Service Inc
Bought by
Trahey Brian A and Trahey Amy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,400
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 8, 1999
Sold by
Smith Gerald
Bought by
Bank One Financial Service Inc
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 |
|---|---|---|---|
| Bennett Mark A | $45,000 | None Available | |
| Kalderon Llc | $31,000 | Liberty Title | |
| Trahey Brian A | $18,000 | First American Title | |
| Bank One Financial Service Inc | $14,629 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bennett Mark A | $44,184 | |
| Previous Owner | Trahey Brian A | $14,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2021 06/09/21 | Sold | $45,000 | -11.8% | $39 / Sq Ft |
| 01/28/2021 01/28/21 | Price Changed | $51,000 | -3.8% | $44 / Sq Ft |
| 01/11/2021 01/11/21 | Price Changed | $53,000 | -8.6% | $46 / Sq Ft |
| 01/04/2021 01/04/21 | Price Changed | $58,000 | -7.9% | $50 / Sq Ft |
| 12/21/2020 12/21/20 | For Sale | $63,000 | +103.2% | $54 / Sq Ft |
| 06/17/2020 06/17/20 | Sold | $31,000 | -22.3% | $27 / Sq Ft |
| 06/03/2020 06/03/20 | Pending | -- | -- | -- |
| 10/18/2019 10/18/19 | Price Changed | $39,900 | -11.1% | $34 / Sq Ft |
| 08/21/2019 08/21/19 | Price Changed | $44,900 | -10.0% | $39 / Sq Ft |
| 07/22/2019 07/22/19 | For Sale | $49,900 | -- | $43 / 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 | $1,840 | $38,900 | $2,400 | $36,500 |
| 2024 | $14 | $29,700 | $2,400 | $27,300 |
| 2023 | $1,727 | $26,400 | $2,400 | $24,000 |
| 2022 | $1,561 | $24,600 | $2,000 | $22,600 |
| 2021 | $1,793 | $21,800 | $1,900 | $19,900 |
| 2020 | $1,301 | $20,100 | $1,900 | $18,200 |
| 2019 | $1,254 | $18,300 | $1,900 | $16,400 |
| 2018 | $1,191 | $14,800 | $1,900 | $12,900 |
| 2017 | $1,933 | $14,800 | $1,900 | $12,900 |
| 2016 | $1,116 | $14,600 | $1,900 | $12,700 |
| 2015 | $1,116 | $14,200 | $3,833 | $10,367 |
| 2014 | $1,116 | $14,200 | $2,948 | $11,252 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Newton
-
Jason VanSickle
Buyer's Agent in 2021
Jason VanSickle
RE/MAX Michigan
(517) 749-8805
2 in this area
122 Total Sales
-
Jeffrey Bone
Seller's Agent in 2020
Jeffrey Bone
Century 21 Affiliated
(517) 614-3875
39 Total Sales
-
Jamie Fox
Buyer's Agent in 2020
Jamie Fox
Trubrook, LLC
(517) 231-1093
9 in this area
137 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 252151
APN: 01-01-21-431-075
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