NOT LISTED FOR SALE

Estimated Value: $55,195 - $103,000

3 Beds
1 Bath
902 Sq Ft
$90/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2024

Last sale price $32,500 $36 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $641 / mo

29 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 5-minute walk to Barb Dean Tot Lot
  • Bungalow

About This Home

As of January 2024

1732 Teel Ave, Lansing, MI 48910 presents a unique opportunity for investors or DIY enthusiasts. This 902 square-foot home features 3 bedrooms, 1 bathroom, and a large unfinished basement, all ripe for renovation and customization. Each room is equipped with an oscillating fan for added comfort. The property also includes a private, fenced-in yard. While it needs some work, this house offers great potential for those looking to create value in an affordable setting. It's an ideal project for those interested in developing a property into a profitable asset.

Last Buyer's Agent

Elizabeth (Betsy) Acker

License #6501444178

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1914

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 33.00 x 155.40

Home Design

  • Bungalow
  • Block Foundation

Interior Spaces

  • 902 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Reo Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33010121455058
  • $2,791 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1914

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 574.00
  • Year Built: 1914
  • State Equalized Value: 22400.0000
  • Entry Location: Ground Level w/Steps
  • AgentOnly_ListPriceByAcre: 291625.0000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 902

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 33.00 x 155.40
  • Parcel Number: 33010121455058

Tax Info

  • Tax Amount Summer: 981.0000
  • Tax Amount Winter: 720.0000
  • Total Tax: 1701.0000
  • Taxable Value: 14791.0000

MLS Schools

  • School District: Lansing

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2023
Closed on
Jan 12, 2024
Sold by
Bought by
Buyer's Agent
Elizabeth (Betsy) Acker
List Price
$39,995
Sold Price
$32,500
Premium/Discount to List
-$7,495
-18.74%
Views
47
Current Estimated Value
$81,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,549
Avg. Annual Appreciation
43.10%

Purchase Details

Closed on
Nov 8, 2011
Sold by
Bought by

Purchase Details

Closed on
May 20, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 10, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 8, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 28, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,939
Interest Rate
0.0672%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2000
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$32,500 None Listed On Document
-- None Available
$8,500 None Available
$5,500 None Available
-- None Available
$88,035 None Available
$75,100 None Available
$38,000 None Available
$5,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $73,939
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/15/2024 01/15/24 Sold $32,500 -7.1% $36 / Sq Ft
01/14/2024 01/14/24 Pending -- -- --
01/06/2024 01/06/24 Price Changed $34,995 -12.5% $39 / Sq Ft
12/16/2023 12/16/23 For Sale $39,995 -- $44 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,352 $38,600 $5,500 $33,100
2025 $2,460 $35,200 $2,900 $32,300
2024 $11 $27,100 $2,900 $24,200
2023 $1,436 $24,200 $2,900 $21,300
2022 $1,701 $22,400 $2,500 $19,900
2021 $1,639 $20,000 $2,400 $17,600
2020 $1,209 $18,300 $2,400 $15,900
2019 $2,059 $16,700 $2,400 $14,300
2018 $1,107 $13,600 $2,400 $11,200
2017 $1,064 $13,600 $2,400 $11,200
2016 $1,873 $13,400 $2,400 $11,000
2015 $1,873 $13,100 $4,784 $8,316
2014 $1,873 $13,000 $3,680 $9,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230104266

Realcomp

APN: 01-01-21-455-058

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