NOT LISTED FOR SALE

Estimated Value: $80,000 - $84,132

3 Beds
2 Baths
892 Sq Ft
$93/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $70,000 $78 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $592/month

38 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • Wood Siding
  • Living Room
  • Dining Room
  • 5-minute walk to Clifford Park

About This Home

As of May 2023

WELCOME TO 1705 BAILEY STREET. THIS 3 BED 1.5 BATH HOME IN THE HEART OF LANSING COULD BE A GREAT FAMILY HOME, OR CONTINUE USING AS AN LICENSED RENTAL PROPERTY & EARN SOME GREAT RENTAL INCOME. THIS IS A GREAT INVESTMENT OPPORTUNITY FOR THE PRICE. NICE SIZE SUNROOM / MUDROOM UPON ENTRY. SPACIOUS LIVING ROOM, GOOD SIZE KITCHEN, BATHROOM AND A 1ST FLOOR BEDROOM ON THE FIRST LEVEL. UPSTAIRS YOU WILL FIND TWO GENEROUS SIZE BEDROOMS AND ANOTHER BATH. NEW ROOF IN 2020. FURNACE IN 2014. GREAT CENTRAL LOCATION. CLOSE TO SCHOOLS, DOWNTOWN, REO & OLD TOWN, GROCERY & DINING. CLOSE TO CATA BUS LINES. 1-CAR DETACHED GARAGE. WELCOME HOME.

Last Agent to Sell the Property

John Hagerty, Jr.

Five Star Real Estate - Lansing License #6501359884 Listed on: 02/12/2023

Five Star Real Estate - Lansing

Last Buyer's Agent

Laura Guild

Keller Williams Realty Lansing License #6501386416

Keller Williams Realty Lansing

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,298

Year Built

  • Built in 1904

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 42.88x114

Parking

  • 1 Car Detached Garage

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 892 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,298

Year Built

Built in 1904

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Investment
  • Tax Year: 2022
  • Levels: One and One Half
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1904
  • Lot Size Acres: 0.11
  • Lot Size: 42.88x114
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 892.0
  • Living Area: 892.0
  • General Property Info:Lot Size Dimensions: 42.88x114
  • General Property Info:Above Grade Finished Area: 892.0
  • General Property Info:Total Livable Area: 892.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Laundry Features:Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Levels:One and One Half: Yes
  • Exterior:Wood Siding: Yes
  • Cooling:None8: Yes
  • General Property Info:Building Area Total SqFt: 1377.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Central, Forced Air, Natural Gas
  • Total Bedrooms: 3
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Full Bathrooms: 2
  • Appliances:None2: Yes
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: City Lot
  • Construction Type: Wood Siding
  • Lot Features:City Lot: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Appliances: None
  • Cooling: None
  • LaundryFeatures: Main Level
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Central: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1744
  • Tax Annual Amount: 1298.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2023
Closed on
May 1, 2023
Sold by
Olney James F and Olney Angela
Bought by
Ayers Skye
Seller's Agent
John Hagerty, Jr.
Five Star Real Estate - Lansing
Buyer's Agent
Laura Guild
Keller Williams Realty Lansing
List Price
$69,500
Sold Price
$70,000
Premium/Discount to List
$500
0.72%
Views
172
Current Estimated Value
$82,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,783
Avg. Annual Appreciation
7.18%
Original Mortgage
$2,450
Outstanding Balance
$176
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$82,607

Purchase Details

Closed on
Jun 2, 2006
Sold by
Olney James F and Olney Angela
Bought by
Williams Lawrence

Purchase Details

Closed on
Jul 7, 2005
Sold by
Kenney Anthony
Bought by
Jpmorgan Chase Bank and Mercantile Mortgage Co

Purchase Details

Closed on
Jun 17, 2004
Sold by
Lake Ken C
Bought by
Kenney Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2001
Sold by
Ueberroth Ruth Lillian
Bought by
Lake Ken C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,625
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage
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
Ayers Skye $70,000 Ata National Title
Williams Lawrence -- None Available
Jpmorgan Chase Bank $29,250 --
Kenney Anthony $50,000 --
Lake Ken C $37,500 Midstate Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayers Skye $2,450
Open Ayers Skye $68,732
Previous Owner Kenney Anthony $50,000
Previous Owner Lake Ken C $38,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $70,000 +0.7% $78 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
02/12/2023 02/12/23 For Sale $69,500 -- $78 / 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 $1,838 $40,900 $3,300 $37,600
2024 $14 $27,100 $3,300 $23,800
2023 $1,131 $24,200 $3,300 $20,900
2022 $1,298 $22,400 $2,800 $19,600
2021 $1,268 $20,000 $2,700 $17,300
2020 $1,259 $18,500 $2,700 $15,800
2019 $1,213 $16,900 $2,700 $14,200
2018 $1,153 $14,200 $2,700 $11,500
2017 $1,109 $14,200 $2,700 $11,500
2016 $1,066 $14,000 $2,700 $11,300
2015 $1,066 $13,700 $5,323 $8,377
2014 $1,066 $13,500 $4,095 $9,405
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 271240

Greater Lansing Association of Realtors®

APN: 01-01-22-354-021