NOT LISTED FOR SALE

Estimated Value: $72,000 - $112,000

3 Beds
1 Bath
888 Sq Ft
$95/Sq Ft Est. Value

Last Sold March 21, 2018

Last sale price $30,000 $34 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $593/month

63 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating System
  • Main Floor Primary Bedroom
  • Living Room
  • 4-minute walk to Clifford Park

About This Home

As of March 2018

This home is located at 1720 Bailey St, Lansing, MI 48910 since 28 December 2017 and is currently estimated at $84,550, approximately $95 per square foot. This property was built in 1916. 1720 Bailey St is a home located in Ingham County with nearby schools including Lyons Elementary School, Pattengill Academy, and Eastern High School.

Last Agent to Sell the Property

Ruth Dennis

Coldwell Banker Professionals-Delta License #6501267918 Listed on: 12/28/2017

Coldwell Banker Professionals-Delta

Last Buyer's Agent

June Rochon

Real Estate One 1st License #6501294525

Real Estate One 1st

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1916

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30.37x130.1
  • East Facing Home
  • Fenced

Parking

  • 1 Car Garage
  • Shared Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 888 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Partial Basement
  • Fire and Smoke Detector

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Torrance Farm Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1916

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2017
  • Levels: Two
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1916
  • Lot Size Acres: 0.09
  • Lot Size: 30.37x130.1
  • Subdivision Name: Torrance Farm
  • Above Grade Finished Sq Ft: 888.0
  • Living Area: 888.0
  • General Property Info:Lot Size Dimensions: 30.37x130.1
  • General Property Info:Above Grade Finished Area: 888.0
  • General Property Info:Total Livable Area: 888.0
  • Baths:_pound_Full Baths 2: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Exterior:Vinyl Siding: Yes
  • Fencing:Fenced: Yes
  • General Property Info:Building Area Total SqFt: 1388.0
  • General Property Info:Front Door: East
  • Special Features: None

Interior Features

  • Basement: Partial
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Other
  • Total Bedrooms: 3
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Community Features:Curbs: Yes
  • Basement:Partial: Yes
  • Interior Features:Other9: Yes
  • Appliances:None3: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Porch
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: East
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Asphalt, Shared Driveway
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Shared Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Utilities: Cable Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Curbs

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1745
  • Tax Annual Amount: 987.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2017
Closed on
Mar 21, 2018
Sold by
Cracium Petru Valentin
Bought by
Rice Kyle and Rice Chelsea
Seller's Agent
Ruth Dennis
Coldwell Banker Professionals-Delta
Buyer's Agent
June Rochon
Real Estate One 1st
List Price
$39,900
Sold Price
$30,000
Premium/Discount to List
-$9,900
-24.81%
Current Estimated Value
$84,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,550
Avg. Annual Appreciation
14.17%
Original Mortgage
$25,500
Outstanding Balance
$14,794
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$69,756

Purchase Details

Closed on
Sep 14, 2015
Sold by
Utz James and Utz Lindsay
Bought by
Cracium Petru Valentin

Purchase Details

Closed on
Mar 31, 2008
Sold by
Parker Construction Co Inc
Bought by
Utz James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,500
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2007
Sold by
Wells Fargo Bank Na
Bought by
Parker Construction Co Inc

Purchase Details

Closed on
Dec 28, 2006
Sold by
Manuel Andre
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 29, 2006
Sold by
Meissner Bernie J and Meissner Diane G
Bought by
Manuel Andre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
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
Rice Kyle $30,000 Tri County Title Agency Llc
Cracium Petru Valentin $19,900 Land Title Agency Llc
Utz James $36,900 Itc
Parker Construction Co Inc $15,200 Rels Title
Wells Fargo Bank Na $65,944 None Available
Manuel Andre $70,000 Capitol City Title Agency Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Kyle $25,500
Previous Owner Utz James $29,500
Previous Owner Manuel Andre $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2018 03/21/18 Sold $30,000 -14.0% $34 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
02/05/2018 02/05/18 Price Changed $34,900 -12.5% $39 / Sq Ft
12/28/2017 12/28/17 For Sale $39,900 -- $45 / 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 $1,799 $40,800 $2,500 $38,300
2024 $14 $31,100 $2,500 $28,600
2023 $1,695 $27,600 $2,500 $25,100
2022 $1,551 $23,600 $2,100 $21,500
2021 $1,515 $21,000 $2,000 $19,000
2020 $1,504 $19,400 $2,000 $17,400
2019 $1,441 $17,600 $2,000 $15,600
2018 $1,010 $16,000 $2,000 $14,000
2017 $966 $16,000 $2,000 $14,000
2016 $1,246 $15,700 $2,000 $13,700
2015 $1,246 $15,600 $4,028 $11,572
2014 $1,246 $16,000 $3,098 $12,902
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 222366

Greater Lansing Association of Realtors®

APN: 01-01-21-481-055