NOT LISTED FOR SALE

1731 Reo Rd Lansing, MI 48910

Estimated Value: $62,000 - $76,000

1 Bed
1 Bath
535 Sq Ft
$125/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $49,000 $92 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $391/month

135 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Primary Bedroom
  • Ceramic Tile Flooring
  • Ranch Style House
  • Living Room
  • Central Heating

About This Home

As of February 2022

Welcome home! A most charming home centered centrally on the deep lot. There is a large front yard and a large back yard to enjoy. Deer are regularly seen and there is plenty of room for a garden. The small home concept works well here with an open room that serves as living room, dining room if you like and laundry. Extremely efficient energy costs. The fireplace is the heat source and runs between $20-30 monthly in the winter. Nice views and a long driveway with room for a semi truck or other long vehicle. Modern style bathroom and freshly painted, low flow toilet. New windows in the living room, bedroom and kitchen. Nice appliances stay. A great place to call home. Call today for more information and a private showing!

Last Agent to Sell the Property

Laura Olson

Keller Williams Realty Lansing License #6501313355 Listed on: 09/01/2021

Keller Williams Realty Lansing

Last Buyer's Agent

Britni Houghton

Five Star Real Estate - Lansing License #6501400240

Five Star Real Estate - Lansing

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 58.2x294
  • Back and Front Yard

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 535 Sq Ft Home
  • Open Floorplan
  • Living Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Location

  • City Lot

Schools

  • Reo Elementary School

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Connected

Community Details

  • Prosperity Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1955 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Property Conditions Updated Remodeled: Yes
  • Current Use: Primary
  • Tax Year: 20
  • EntryLevel: 1
  • Levels: One
  • Year Built: 1955
  • Lot Size Acres: 0.39
  • Lot Size: 58.2x294
  • Subdivision Name: Prosperity
  • Above Grade Finished Sq Ft: 535.0
  • Architectural Style: Ranch
  • Living Area: 535.0
  • New Construction: No
  • General Property Info:Lot Size Dimensions: 58.2x294
  • General Property Info:Above Grade Finished Area: 535.0
  • General Property Info:Total Livable Area: 535.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Laundry Features:Main Level: Yes
  • Location Legal Info:Real Estate Owned: No
  • General Property Info:Elementary School: Reo School
  • General Property Info:Spa2: No
  • General Property Info:Waterfront: No
  • Laundry Features:Electric Dryer Hookup: Yes
  • Flooring:Carpet: Yes
  • Foundation Details:Slab: Yes
  • Electric:_one_00 Amp Service: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Water Connected: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Vinyl2: Yes
  • Utilities:Natural Gas Connected: Yes
  • General Property Info:Pool Private2: No
  • Flooring:Ceramic Tile: Yes
  • Cooling:None8: Yes
  • Location Legal Info:Senior Community: No
  • Utilities:Electricity Connected: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 535.0
  • Special Features: None

Interior Features

  • Basement: None
  • Heating: Central, Natural Gas
  • EntryLocation: Front door
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Laminate Counters, Open Floorplan
  • Total Bedrooms: 1
  • Room: 3
  • Property Type: Residential
  • SpaFeatures: None
  • Private Spa: No
  • Full Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Fireplace Features:None4: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Free-Standing Refrigerator: Yes
  • Appliances:WasherDryer Stacked: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Foundation Details: Slab
  • Lot Features: Back Yard, City Lot, Front Yard
  • PoolFeatures: None
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Property Condition: Updated/Remodeled
  • Lot Features:Back Yard2: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Front Yard2: Yes

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Electric Range, Washer/Dryer Stacked, Free-Standing Refrigerator, Electric Oven
  • Cooling: None
  • Electric: 100 Amp Service
  • LaundryFeatures: Electric Dryer Hookup, Main Level
  • SecurityFeatures: Smoke Detector(s)
  • Utilities: Water Connected, Natural Gas Connected, Electricity Connected
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Reo School
  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 17119.08
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1266.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Feb 11, 2022
Sold by
Brandon Rappe
Bought by
Kalat Tyler
Seller's Agent
Laura Olson
Keller Williams Realty Lansing
Buyer's Agent
Britni Houghton
Five Star Real Estate - Lansing
List Price
$59,900
Sold Price
$49,000
Premium/Discount to List
-$10,900
-18.2%
Total Days on Market
135
Current Estimated Value
$69,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,946
Avg. Annual Appreciation
9.78%
Original Mortgage
$47,530
Outstanding Balance
$44,386
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$22,541

Purchase Details

Closed on
Aug 10, 2017
Sold by
Rice Ken R
Bought by
Rappe Brandon

Purchase Details

Closed on
Apr 14, 2008
Sold by
Rice Ken R
Bought by
Rice Ken R
Source: Public Records

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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
Kalat Tyler $49,000 None Listed On Document
Rappe Brandon $18,000 None Available
Rice Ken R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalat Tyler $47,530
Previous Owner Rice Ken R $33,600
Previous Owner Rice Ken Robert $22,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $49,000 -2.0% $92 / Sq Ft
12/02/2021 12/02/21 Price Changed $49,999 -16.5% $93 / Sq Ft
09/01/2021 09/01/21 For Sale $59,900 -- $112 / 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 $13 $25,800 $9,400 $16,400
2023 $1,576 $23,400 $9,400 $14,000
2022 $1,028 $21,000 $8,100 $12,900
2021 $1,272 $17,300 $4,800 $12,500
2020 $1,263 $16,000 $4,800 $11,200
2019 $2,155 $15,300 $4,800 $10,500
2018 $1,157 $13,900 $4,800 $9,100
2017 $1,086 $13,900 $4,800 $9,100
2016 $1,138 $13,700 $4,800 $8,900
2015 $1,138 $13,400 $9,666 $3,734
2014 $1,138 $14,500 $14,176 $324
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 259253

Greater Lansing Association of Realtors®

APN: 01-01-32-375-241