NOT LISTED FOR SALE

1602 Victor Ave Lansing, MI 48910

Colonial Village Neighborhood

Estimated Value: $118,000 - $145,178

2 Beds
1 Bath
1,006 Sq Ft
$132/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $110,000 $109 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $969/month

15 Days on Market

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • Dining Room
  • Living Room
  • Forced Air Heating System
  • Family Room

About This Home

As of November 2023

Cute bungalow is ready for its new owners! The home features 2 bedrooms, wood floors, partially finished basement with family room, detached garage, and a fenced back yard.
Recent updates include interior paint, countertops, water heater, bathroom and kitchen flooring, and drains cleaned from house to street! Roof, furnace, and windows new within last 10-15 years.

Last Agent to Sell the Property

Jessica Schmidt

Ethos Real Estate West, Inc License #6502390871 Listed on: 08/16/2023

Last Buyer's Agent

Lindsay Gallegos

RE/MAX Real Estate Professionals License #6501435777

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,926

Year Built

  • Built in 1952

Lot Details

  • 5,532 Sq Ft Lot
  • Lot Dimensions are 50 x 111
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • Schoolview Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,926

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2022
  • Levels: One
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1952
  • Lot Size Acres: 0.13
  • Lot Size: 50 x 111
  • Subdivision Name: Schoolview
  • Above Grade Finished Sq Ft: 720.0
  • Living Area: 1006.0
  • General Property Info:Lot Size Dimensions: 50 x 111
  • General Property Info:Above Grade Finished Area: 720.0
  • General Property Info:Total Livable Area: 1006.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Exterior:Aluminum Siding: Yes
  • Rooms:Family Room2: Yes
  • Laundry Features:In Basement: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Fencing:Back Yard: Yes
  • Cooling:None8: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1440.0
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air
  • Total Bedrooms: 2
  • Property Type: Residential
  • Family Room Level: Basement
  • Full Bathrooms: 1
  • Below Grade Sq Ft: 286.0
  • Full Basement: Yes
  • Basement:Partially Finished: Yes
  • Appliances:None3: Yes

Exterior Features

  • Fencing: Back Yard
  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: Detached, Garage
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Garage2: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: None
  • Cooling: None
  • LaundryFeatures: In Basement
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 5532.12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1925.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Nov 9, 2023
Sold by
Goodman Richard
Bought by
Maxwell James and Savoie Nia
Seller's Agent
Jessica Schmidt
Ethos Real Estate West, Inc
Buyer's Agent
Lindsay Gallegos
RE/MAX Real Estate Professionals
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%
Views
44
Current Estimated Value
$132,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,795
Avg. Annual Appreciation
9.62%
Original Mortgage
$88,000
Outstanding Balance
$86,408
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$46,387

Purchase Details

Closed on
Jun 8, 2015
Sold by
Charlene M Hornbeck Revocable Trust
Bought by
Hornbeck Charlene M

Purchase Details

Closed on
Jan 14, 2005
Sold by
Hornbeck Charlene M
Bought by
The Charlene M Hornbeck Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maxwell James $110,000 Star Title
Hornbeck Charlene M -- None Available
The Charlene M Hornbeck Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maxwell James $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $110,000 -8.3% $109 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $120,000 -- $119 / 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
2025 $3,217 $53,100 $8,800 $44,300
2024 $26 $48,900 $8,800 $40,100
2023 $2,133 $44,000 $8,800 $35,200
2022 $1,926 $39,800 $7,500 $32,300
2021 $1,886 $36,600 $5,500 $31,100
2020 $1,874 $35,300 $5,500 $29,800
2019 $3,094 $31,300 $5,500 $25,800
2018 $1,684 $30,300 $5,500 $24,800
2017 $1,611 $30,300 $5,500 $24,800
2016 $2,961 $27,900 $5,500 $22,400
2015 $2,961 $27,300 $11,050 $16,250
2014 $2,961 $28,900 $8,539 $20,361
Source: Public Records

Agents Affiliated with this Home

  • Jessica Schmidt

    Seller's Agent in 2023

    Jessica Schmidt

    Ethos Real Estate West, Inc

    (517) 623-0204

    1 in this area

    55 Total Sales

    Jessica Schmidt
    Section Image
  • Lindsay Gallegos

    Buyer's Agent in 2023

    Lindsay Gallegos

    RE/MAX Michigan

    (517) 927-6963

    1 in this area

    56 Total Sales

    Lindsay Gallegos
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 275301

Greater Lansing Association of Realtors®

APN: 01-01-29-178-141

Michigan Ingham County Lansing 48910 Colonial Village

1602 Victor Ave, Lansing, MI

Not Listed for Sale

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