NOT LISTED FOR SALE

1602 Loraine Ave Lansing, MI 48910

Colonial Village Neighborhood

Estimated Value: $142,000 - $168,000

3 Beds
1 Bath
1,824 Sq Ft
$86/Sq Ft Est. Value

Last Sold September 12, 2013

Last sale price $56,100 $31 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $874/month

527 Days on Market

Highlights

  • Deck
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Living Room
  • 4-minute walk to Elmhurst Park

About This Home

As of September 2013

Nice and clean, 3 BDR. Newer kit, roof, windows - hardwood floors. Rec room in lower level.

Last Listed By

Debra Good

RE/MAX Real Estate Professionals Dewitt License #6506040002 Listed on: 04/03/2012

RE/MAX Real Estate Professionals Dewitt

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 70.56x111

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

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: 11
  • Levels: One
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1952
  • Attribution Contact: 517-669-8118
  • Lot Size Acres: 0.17
  • Lot Size: 70.56X111
  • Subdivision Name: Schoolview
  • Above Grade Finished Sq Ft: 912.0
  • Architectural Style: Ranch
  • Living Area: 1824.0
  • General Property Info:Lot Size Dimensions: 70.56X111
  • General Property Info:Above Grade Finished Area: 912.0
  • General Property Info:Total Livable Area: 1824.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Exterior:Aluminum Siding: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • General Property Info:ECO Friendly Features: No
  • 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: 3
  • Room: 5
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Full Bathrooms: 1
  • Below Grade Sq Ft: 912.0
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Construction Type: Aluminum Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes
  • Patio Porch Features:Patio: Yes

Garage/Parking

  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Refrigerator, Range, 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: 7405.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2018
Sold by
Splading Cheryl L
Bought by
Splding Cheryl L and Cheryl Spalding Revocable Trus
Total Days on Market
527
Current Estimated Value
$156,438

Purchase Details

Listed on
Apr 3, 2012
Closed on
Sep 12, 2013
Sold by
Szczepanek Brian and Szczepanek Megan
Bought by
Spalding Cheryl L
Seller's Agent
Debra Good
RE/MAX Real Estate Professionals Dewitt
Buyer's Agent
Ronald Hope
Real Estate One 1st
List Price
$90,000
Sold Price
$56,100
Premium/Discount to List
-$33,900
-37.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%

Purchase Details

Closed on
Jun 29, 2005
Sold by
Franke Roger W and Franke Susan M
Bought by
Szczepanek Brian P and Szczepanek Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,050
Interest Rate
5.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 15, 2000
Sold by
Wilkes Londa D
Bought by
Franke Roger W and Mcdaniels Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
8.05%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 26, 1996
Sold by
Stephens Iva M
Bought by
Wilkes Londa D

Range of Values:

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Average Value
Not Available
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
Splding Cheryl L -- None Available
Spalding Cheryl L $56,100 Diversified National Title
Szczepanek Brian P $110,500 --
Franke Roger W $81,000 --
Wilkes Londa D $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Szczepanek Brian P $11,050
Previous Owner Szczepanek Brian P $99,450
Previous Owner Franke Roger W $85,000
Previous Owner Franke Roger W $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2013 09/12/13 Sold $56,100 -37.7% $31 / Sq Ft
09/12/2013 09/12/13 Pending -- -- --
04/03/2012 04/03/12 For Sale $90,000 -- $49 / 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 $24 $67,100 $11,800 $55,300
2023 $2,877 $62,400 $11,800 $50,600
2022 $2,593 $60,000 $11,200 $48,800
2021 $2,539 $55,500 $7,400 $48,100
2020 $2,524 $51,700 $7,400 $44,300
2019 $2,419 $49,800 $7,400 $42,400
2018 $2,267 $43,900 $7,400 $36,500
2017 $2,171 $43,900 $7,400 $36,500
2016 $2,076 $39,500 $7,400 $32,100
2015 $2,076 $38,300 $14,716 $23,584
2014 $2,076 $36,800 $10,877 $25,923
Source: Public Records

Agents Affiliated with this Home

  • Debra Good

    Seller's Agent in 2013

    Debra Good

    RE/MAX Michigan

    (517) 719-3323

    3 in this area

    185 Total Sales

    Debra Good
    Section Image

  • R

    Buyer's Agent in 2013

    Ronald Hope

    Real Estate One 1st

    10 Total Sales

    Ronald Hope
    Section Image
See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 35769

Greater Lansing Association of Realtors®

APN: 01-01-29-176-241

Michigan Ingham County Lansing 48910 Colonial Village

1602 Loraine Ave, Lansing, MI

Homes for Sale in Lansing, MI

This home is located at 1602 Loraine Ave, Lansing, MI 48910 since 03 April 2012 and is currently estimated at $156,438, approximately $85 per square foot. This property was built in 1952. 1602 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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personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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