NOT LISTED FOR SALE

1527 Loraine Ave Lansing, MI 48910

Colonial Village Neighborhood

Estimated Value: $133,000 - $169,467

2 Beds
1 Bath
912 Sq Ft
$170/Sq Ft Est. Value

Last Sold December 04, 2014

Last sale price $54,000 $59 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $856/month

113 Days on Market

Highlights

  • Deck
  • 2 Fireplaces
  • Living Room
  • Ranch Style House
  • Covered patio or porch
  • 4-minute walk to Elmhurst Park

About This Home

As of December 2014

Large living room with fireplace. Exposed hardwood flooring in 1 of the 2 bedrooms. Formal dining room with door leading to backyard deck. Lower level rec room with fireplace, laundry room & workshop. 1.5 car garage. Home is an estate with no sellers disclosures. Short sale subject to lien holder approval. Sold as is. Agent is related to seller.

Last Agent to Sell the Property

Patti Barnes Austin

Keller Williams Realty Lansing License #6506040329 Listed on: 07/09/2014

Keller Williams Realty Lansing

Last Buyer's Agent

Robyn Flanders

RE/MAX Real Estate Professionals, Inc. West License #6506037218

RE/MAX Real Estate Professionals, Inc. West

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 55x107

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 912 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Schoolview Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 14
  • Levels: One
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1952
  • Lot Size Acres: 0.14
  • Lot Size: 55X107
  • Subdivision Name: Schoolview
  • Above Grade Finished Sq Ft: 912.0
  • Architectural Style: Ranch
  • Living Area: 912.0
  • General Property Info:Lot Size Dimensions: 55X107
  • General Property Info:Above Grade Finished Area: 912.0
  • General Property Info:Total Livable Area: 912.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • General Property Info:Building Area Total SqFt: 1824.0
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 2
  • Room: 6
  • Property Type: Residential
  • Other Level: Basement
  • Full Bathrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Basement:Partially Finished: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Patio And Porch Features: Covered, Deck
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater, Washer, Refrigerator, Range, Oven, Dryer, Dishwasher
  • Cooling: Central Air
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2107.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2014
Closed on
Dec 4, 2014
Sold by
The Estate Of Thomas R Barnes
Bought by
Glossop Angela
Seller's Agent
Patti Barnes Austin
Keller Williams Realty Lansing
Buyer's Agent
Robyn Flanders
RE/MAX Real Estate Professionals, Inc. West
List Price
$63,900
Sold Price
$54,000
Premium/Discount to List
-$9,900
-15.49%
Current Estimated Value
$154,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,617
Avg. Annual Appreciation
9.86%
Original Mortgage
$53,021
Outstanding Balance
$41,530
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$105,072

Purchase Details

Closed on
Sep 4, 2002
Sold by
Degener Jack and Degener Elaine E
Bought by
Barnes Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Glossop Angela $54,000 None Available
Barnes Thomas R $111,500 Midstate Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glossop Angela $53,021
Closed Glossop Angela $5,375
Closed Barnes Thomas R $62,800
Closed Barnes Thomas R $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2014 12/04/14 Sold $54,000 -15.5% $59 / Sq Ft
10/30/2014 10/30/14 Pending -- -- --
07/09/2014 07/09/14 For Sale $63,900 -- $70 / 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
2024 $26 $74,100 $9,500 $64,600
2023 $3,113 $66,100 $9,500 $56,600
2022 $2,806 $59,900 $8,100 $51,800
2021 $2,747 $55,200 $6,200 $49,000
2020 $2,731 $53,800 $6,200 $47,600
2019 $2,618 $47,400 $6,200 $41,200
2018 $2,453 $45,500 $6,200 $39,300
2017 $2,349 $45,500 $6,200 $39,300
2016 $2,222 $41,600 $6,200 $35,400
2015 $2,222 $40,600 $12,476 $28,124
2014 $2,222 $39,800 $9,764 $30,036
Source: Public Records

Agents Affiliated with this Home

  • Patti Barnes Austin

    Seller's Agent in 2014

    Patti Barnes Austin

    Keller Williams Realty Lansing

    (517) 930-3499

    1 in this area

    11 Total Sales

    Patti Barnes Austin
    Section Image

  • R

    Buyer's Agent in 2014

    Robyn Flanders

    RE/MAX Michigan

    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 61138

Greater Lansing Association of Realtors®

APN: 01-01-29-177-251

Michigan Ingham County Lansing 48910 Colonial Village

1527 Loraine Ave, Lansing, MI

This home is located at 1527 Loraine Ave, Lansing, MI 48910 since 09 July 2014 and is currently estimated at $154,617, approximately $169 per square foot. This property was built in 1952. 1527 Loraine Ave is a home located in Ingham County with nearby schools including Averill New Tech Elementary School, Attwood School, and J.W. Sexton High School.

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