NOT LISTED FOR SALE

Estimated Value: $160,000 - $193,000

3 Beds
1 Bath
1,295 Sq Ft
$141/Sq Ft Est. Value

Last Sold April 23, 2013

Last sale price $47,590 $37 Per Sq Ft

Est. 285% increase in value since last sale

Current estimated payment $1,001/month

61 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Living Room
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • 4-minute walk to Elmhurst Park

About This Home

As of April 2013

THIS CLASSIC STYLE HOME IS LOCATED IN SOUTH WEST LANSING. A WELL KEPT 3 BEDROOM, 1 BATH BUNGALOW WITH A FULL UNFINISHED BASEMENT, A 2.5 CAR DETACHED GARAGE, LARGE DECK, A FENCED BACK YARD, AND IS CLOSE TO HIGHWAYS, PUBLIC SCHOOLS, MICHIGAN STATE UNIVERSITY AND COOLEY LAW SCHOOL. THE SELLER HAS DIRECTED THAT ALL FANNIE MAE OFFERS BE MADE USING THE HOMEPATH ONLINE OFFER SYSTEMS ON THE HOMEPATH WEBSITE. PLEASE NOTE THAT ALL FANNIE MAE OFFERS WILL BE SUBMITTED, BUT ONLY OFFERS FROM OWNER OCCUPANTS OR PUBLIC ENTITIES AND THEIR DESIGNATED PARTNERS WILL BE CONSIDERED FOR THE FIRST 15 DAYS OF THE LISTING. ALL OWNER OCCUPANTS MUST SIGN THE ATTACHED OWNER OCCUPANT CERTIFICATE WHICH MUST ACCOMPANY ANY OFFER BEING SUBMITTED ON THIS PROPERTY. (SEE ATTACHMENTS ON THE MLS). PLEASE NOTE BUYERS WILL BE CHA RGED THE STATE TRANSFER TAX AND IF THIS IS A CASH TRANSACTION, BUYERS WILL BE PAYING A CLOSING FEE UP TO $500 TO THE TITLE COMPANY. PURCHASE THIS PROPERTY FOR AS LITTLE AS 3% DOWN! THIS PROPERTY IS APPROVED FOR HOMEPATH RENOVATION MORTGAGE FINANCING.

Last Agent to Sell the Property

Chris Dean

Gateway to Homes License #6506043716 Listed on: 01/02/2013

Last Buyer's Agent

Diedra Boles

All 'n 1 Realty, Inc. License #6501293414

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Wood Siding

Interior Spaces

  • 1,295 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • Colonial Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 12
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1951
  • Fireplaces: 1
  • Lot Size Acres: 0.15
  • Lot Size: 50X126 .15AC
  • Subdivision Name: Colonial
  • Above Grade Finished Sq Ft: 1295.0
  • Architectural Style: Bungalow
  • Living Area: 1295.0
  • General Property Info:Lot Size Dimensions: 50X126 .15AC
  • General Property Info:Above Grade Finished Area: 1295.0
  • General Property Info:Total Livable Area: 1295.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Location Legal Info:Real Estate Owned: Yes
  • Sewer:Public Sewer: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Wood Siding: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • Architectural Style:Bungalow: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 2332.0
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 3
  • Room: 5
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances:None3: Yes

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • Appliances: None, Gas Water Heater
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2642.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2013
Closed on
Apr 22, 2013
Sold by
Federal National Mortgage Association
Bought by
Walker Leilani A
Seller's Agent
Chris Dean
Gateway to Homes
Buyer's Agent
Diedra Boles
All 'n 1 Realty, Inc.
List Price
$53,900
Sold Price
$47,590
Premium/Discount to List
-$6,310
-11.71%
Current Estimated Value
$183,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,579
Avg. Annual Appreciation
11.24%
Original Mortgage
$38,000
Outstanding Balance
$27,525
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$149,379

Purchase Details

Closed on
Apr 12, 2012
Sold by
Dawe Therese M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 16, 1998
Sold by
Baker Jack and Baker Donna M
Bought by
Dawe Theresa M

Purchase Details

Closed on
Apr 20, 1998
Sold by
Dawe Douglas Eric
Bought by
Dawe Theresa Marie
Source: Public Records

Range of Values:

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Average Value
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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
Walker Leilani A $47,590 None Available
Federal National Mortgage Association $88,778 None Available
Dawe Theresa M $62,500 --
Dawe Theresa Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Leilani A $16,538
Open Walker Leilani A $38,000
Previous Owner Dawe Therese M $25,000
Previous Owner Dawe Therese M $91,000
Previous Owner Dawe Therese M $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2013 04/23/13 Sold $47,590 -11.7% $37 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
01/02/2013 01/02/13 For Sale $53,900 -- $42 / 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 $31 $81,300 $8,900 $72,400
2023 $3,580 $75,300 $8,900 $66,400
2022 $3,225 $72,600 $8,500 $64,100
2021 $3,158 $68,800 $5,800 $63,000
2020 $3,139 $63,800 $5,800 $58,000
2019 $3,011 $61,300 $5,800 $55,500
2018 $2,820 $54,400 $5,800 $48,600
2017 $2,700 $54,400 $5,800 $48,600
2016 $2,582 $48,600 $5,800 $42,800
2015 $2,582 $47,000 $11,593 $35,407
2014 $2,582 $46,200 $8,695 $37,505
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 43711

Greater Lansing Association of Realtors®

APN: 01-01-29-129-221