NOT LISTED FOR SALE

1811 Bailey St Lansing, MI 48910

Fabulous Acres Neighborhood

Estimated Value: $64,000 - $73,476

2 Beds
1 Bath
864 Sq Ft
$81/Sq Ft Est. Value

Last Sold April 12, 2012

Last sale price $6,000 $7 Per Sq Ft

Est. 1,060% increase in value since last sale

Current estimated payment $502/month

Highlights

  • Living Room
  • Dining Room
  • 3-minute walk to Clifford Park
  • Forced Air Heating System
  • Fenced

About This Home

As of April 2012

This is a Fannie Mae HomePath property. Purchase for as little as 3% down. Approved for Homepath and HomePath Renovation Mortgage. All offers must state whether buyer is an owner occupant or investor. If owner occupant please have them sign the Owner Occupant Certification (see attachments). All offers must include a pre approval letter from a direct endorsement lender. Minimum 10% earnest money deposit if cash purchase. Cash offers to include proof of funds. All investor sales will have a 3 month deed restriction, they will not be allowed to sell or refinance for 3 months for over 20% more than purchase price. All properties to be listed in MLS for 3 days prior to any offers being submitted for owner occupants, 15 days for investors. Two bedroom, two story, fenced backyard. Vinyl siding, some updated windows. Close to everything.

Last Agent to Sell the Property

Karla Russell

RE/MAX Real Estate Professionals Dewitt Listed on: 02/23/2012

Last Buyer's Agent

Lisa VanderMeer

Coldwell Banker Professionals-E.L. License #6501355411

Coldwell Banker Professionals-E.L.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 30x114
  • Fenced

Home Design

  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Gravel Driveway

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 11
  • Levels: Two
  • Year Built: 1920
  • Lot Size: 30x114
  • Above Grade Finished Sq Ft: 864.0
  • Living Area: 864.0
  • General Property Info:Lot Size Dimensions: 30x114
  • General Property Info:Above Grade Finished Area: 864.0
  • General Property Info:Total Livable Area: 864.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Levels:Two2: Yes
  • Location Legal Info:Real Estate Owned: Yes
  • Sewer:Public Sewer: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Fencing:Fenced: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • General Property Info:Building Area Total SqFt: 1296.0
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 2
  • Room: 5
  • Property Type: Residential
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances:None3: Yes

Exterior Features

  • Fencing: Fenced
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Gravel, No Garage
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:No Garage: Yes

Utilities

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

Schools

  • Junior High Dist: Lansing

Tax Info

  • Tax Annual Amount: 1333.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2011
Sold by
Green Tree Servicing Llc
Bought by
Federal National Mortgage Association
Current Estimated Value
$69,619

Purchase Details

Closed on
Sep 29, 2011
Sold by
Kimmel Paul T and Kimmel Lori
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Dec 14, 2005
Sold by
Rideoutt Michael W and Secory Judy K
Bought by
Kimmel Paul T and Kimmel Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,950
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 4, 2005
Sold by
Rideoutt Michael and Secory Judy
Bought by
Rideoutt Michael and Secory Judy

Purchase Details

Closed on
Feb 12, 2003
Sold by
Lancour Marci A and Lancour John M
Bought by
Rideoutt Michael W and Secory Judy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,910
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 1995
Sold by
Trail Susen E
Bought by
Lancour John M and Lancour Marci
Source: Public Records

Range of Values:

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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
Federal National Mortgage Association -- None Available
Green Tree Servicing Llc $35,661 None Available
Kimmel Paul T $50,000 None Available
Rideoutt Michael -- None Available
Rideoutt Michael W $39,900 Midstate Title
Lancour John M $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kimmel Paul T $39,950
Previous Owner Rideoutt Michael W $35,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2012 04/12/12 Sold $6,000 -21.1% $7 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
02/23/2012 02/23/12 For Sale $7,600 -- $9 / 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 $1,594 $35,100 $2,300 $32,800
2024 $13 $26,800 $2,300 $24,500
2023 $2,154 $23,800 $2,300 $21,500
2022 $1,376 $22,200 $1,900 $20,300
2021 $1,344 $19,700 $1,900 $17,800
2020 $1,334 $18,200 $1,900 $16,300
2019 $1,286 $16,500 $1,900 $14,600
2018 $1,222 $15,200 $1,900 $13,300
2017 $1,175 $15,200 $1,900 $13,300
2016 $1,145 $14,900 $1,900 $13,000
2015 $1,145 $14,600 $3,724 $10,876
2014 $1,145 $14,600 $2,865 $11,735
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Karla Russell

    RE/MAX Michigan

  • L

    Buyer's Agent in 2012

    Lisa VanderMeer

    Coldwell Banker Professionals-E.L.

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 34424

Greater Lansing Association of Realtors®

APN: 01-01-22-355-031

Michigan Ingham County Lansing 48910 Fabulous Acres

1811 Bailey St, Lansing, MI

This home is located at 1811 Bailey St, Lansing, MI 48910 since 23 February 2012 and is currently estimated at $69,619, approximately $80 per square foot. This property was built in 1920. 1811 Bailey St is a home located in Ingham County with nearby schools including Lyons Elementary School, Pattengill Academy, and Eastern Lansing High School.

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