NOT LISTED FOR SALE

Estimated Value: $87,000 - $108,000

5 Beds
2 Baths
1,408 Sq Ft
$68/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $35,000 $25 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $538/month

36 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Woodwork
  • No HOA
  • Covered patio or porch
  • 4-minute walk to Barb Dean Tot Lot

About This Home

As of September 2022

Investor Opportunity!!! This 5-6 bedroom, 2 full bath has tons of potential! 1st floor: bedroom, additional room/den, living room, formal dining, kitchen and full bath. 2nd floor: 4 good size bedrooms with a full bath. Full Basement for additional storage/space with potentially a walk out entrance. Some original wood floors and trim. New roof 2021 and 100 amp service. Property is a licensed rental. Positive cash flow after renovations of roughly 15-20k. Home is being sold as is. Agent is related to seller.

Last Agent to Sell the Property

Sandi Solomon Williams

Keller Williams Realty Lansing License #6501282491 Listed on: 08/19/2022

Keller Williams Realty Lansing

Last Buyer's Agent

Brian Kasper

Century 21 Affiliated License #6501417604

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1918

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30.4x127
  • Property fronts an alley
  • Property fronts an easement

Home Design

  • Block Foundation
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,408 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Living Room
  • Dining Room
  • Den

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Alley Access
  • On-Street Parking

Outdoor Features

  • Covered patio or porch
  • Shed

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Reo Park Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Investment
  • Tax Year: 2021
  • Levels: Two
  • Year Built: 1918
  • Lot Size Acres: 0.09
  • Lot Size: 30.4x127
  • Subdivision Name: REO Park
  • Above Grade Finished Sq Ft: 1408.0
  • Living Area: 1408.0
  • General Property Info:Lot Size Dimensions: 30.4x127
  • General Property Info:Above Grade Finished Area: 1408.0
  • General Property Info:Total Livable Area: 1408.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Levels:Two2: Yes
  • Laundry Features:In Basement: Yes
  • Flooring:Carpet: Yes
  • Foundation Details:Block4: Yes
  • Electric:_one_00 Amp Service: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities:Water Connected: Yes
  • Roof:Shingle: Yes
  • Other Structures:Shed(s): Yes
  • Exterior:Vinyl Siding: Yes
  • Exterior:Wood Siding: Yes
  • Flooring:Vinyl2: Yes
  • Flooring:Hardwood: Yes
  • Cooling:None8: Yes
  • Rooms:Den2: Yes
  • Utilities:Sewer Connected: Yes
  • Flooring:Wood4: Yes
  • Road Frontage Type:Alley: Yes
  • Road Frontage Type:Easement: Yes
  • General Property Info:Building Area Total SqFt: 2112.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air
  • Flooring: Carpet, Hardwood, Vinyl, Wood
  • Interior Amenities: Natural Woodwork
  • Total Bedrooms: 5
  • Room: 9
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: Second
  • Den Level: First
  • Full Bathrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Fireplace Features:None4: Yes
  • Interior Features:Natural Woodwork: Yes
  • Community Features:None24: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: None
  • Foundation Details: Block
  • Lot Features: City Lot
  • OtherStructures: Shed(s)
  • RoadFrontageType: Alley, Easement
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Front Porch
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Siding
  • Lot Features:City Lot: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Front Porch: Yes
  • Exterior Features:None14: Yes

Garage/Parking

  • Parking Features: Alley Access, On Street
  • Attached Garage: No
  • Parking Features:Alley Access: Yes
  • Parking Features:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Cooling: None
  • Electric: 100 Amp Service
  • LaundryFeatures: In Basement
  • Utilities: Water Connected, Sewer Connected, Natural Gas Available, Cable Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association Amenities: None
  • Association: No

Association/Amenities

  • Association Amenities:None12: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 9105
  • Tax Annual Amount: 1563.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2022
Sold by
Zawacki Michael
Bought by
Zawacki Realty Llc
Current Estimated Value
$95,957

Purchase Details

Listed on
Aug 19, 2022
Closed on
Sep 30, 2022
Sold by
Lho Llc
Bought by
Zawacki Michael
Seller's Agent
Sandi Solomon Williams
Keller Williams Realty Lansing
Buyer's Agent
Brian Kasper
Century 21 Affiliated
List Price
$59,000
Sold Price
$35,000
Premium/Discount to List
-$24,000
-40.68%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.11%

Purchase Details

Closed on
May 16, 2017
Sold by
Poorman Jeffrey E
Bought by
Lho Llc

Purchase Details

Closed on
Mar 9, 2009
Sold by
Lho Llc
Bought by
Poorman Jeffrey E

Purchase Details

Closed on
May 17, 2007
Sold by
Miller Shannon
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 16, 2003
Sold by
Winters Michael R
Bought by
Milller Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
9.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1998
Sold by
Patterson Eugene and Patterson Delores
Bought by
Winters Michael R

Purchase Details

Closed on
Apr 11, 1995
Sold by
Harris Kelley L
Bought by
Winters Michael 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
Zawacki Realty Llc -- --
Zawacki Michael $35,000 Transnation Title
Lho Llc -- None Available
Poorman Jeffrey E -- None Available
Wells Fargo Bank Na $93,428 None Available
Milller Shannon $70,100 Transnation
Winters Michael R $31,000 --
Winters Michael R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zawacki Realty Llc $80,000
Previous Owner Poorman Jeffrey E $17,115
Previous Owner Poorman Jeffrey E $10,000
Previous Owner Miller Shannon $90,400
Previous Owner Milller Shannon $73,000
Previous Owner Winters Michael R $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $35,000 -22.2% $25 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/12/2022 09/12/22 Price Changed $45,000 -8.2% $32 / Sq Ft
08/31/2022 08/31/22 Price Changed $49,000 -16.9% $35 / Sq Ft
08/18/2022 08/18/22 For Sale $59,000 -- $42 / 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 $40 $41,000 $2,500 $38,500
2023 $3,017 $36,300 $2,500 $33,800
2022 $1,564 $25,900 $2,100 $23,800
2021 $1,528 $23,000 $2,000 $21,000
2020 $1,326 $18,700 $2,000 $16,700
2019 $1,278 $17,000 $2,000 $15,000
2018 $1,214 $15,100 $2,000 $13,100
2017 $1,168 $15,100 $2,000 $13,100
2016 $987 $14,800 $2,000 $12,800
2015 $987 $14,500 $3,983 $10,517
2014 $987 $12,400 $3,064 $9,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 267917

Greater Lansing Association of Realtors®

APN: 01-01-21-461-055