NOT LISTED FOR SALE

2002 Massachusetts Ave Lansing, MI 48906

Northtown Neighborhood

Estimated Value: $59,761 - $92,000

2 Beds
1 Bath
576 Sq Ft
$134/Sq Ft Est. Value

Last Sold April 12, 2012

Last sale price $8,925 $15 Per Sq Ft

Est. 765% increase in value since last sale

Current estimated payment $422/month

33 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating System
  • Ranch Style House
  • Living Room
  • 2-minute walk to Porter Park

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. Small but great investment! Needs some TLC.

Last Agent to Sell the Property

Karla Russell

RE/MAX Real Estate Professionals Dewitt Listed on: 03/02/2012

Last Buyer's Agent

Peter Schafer

Coldwell Banker Realty-Dewitt License #6501182583

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • Lot Dimensions are 40x120

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 576 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 11
  • Levels: One
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1924
  • Lot Size: 40x120
  • Above Grade Finished Sq Ft: 576.0
  • Architectural Style: Bungalow, Ranch
  • Living Area: 576.0
  • General Property Info:Lot Size Dimensions: 40x120
  • General Property Info:Above Grade Finished Area: 576.0
  • General Property Info:Total Livable Area: 576.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Location Legal Info:Real Estate Owned: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • Architectural Style:Bungalow: Yes
  • General Property Info:Building Area Total SqFt: 576.0
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 2
  • Room: 4
  • Property Type: Residential
  • Full Bathrooms: 1
  • Full Basement: Yes
  • Appliances:None3: Yes

Exterior Features

  • Patio And Porch Features: Deck, Porch
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Gravel2: Yes

Utilities

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

Schools

  • Junior High Dist: Lansing

Tax Info

  • Tax Annual Amount: 1304.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2016
Sold by
Steffes Michael M
Bought by
Steffes Naomi M
Current Estimated Value
$77,190

Purchase Details

Listed on
Mar 2, 2012
Closed on
Apr 12, 2012
Sold by
Federal National Mortgage Association
Bought by
Steffes Naomi
Seller's Agent
Karla Russell
RE/MAX Real Estate Professionals Dewitt
Buyer's Agent
Peter Schafer
Coldwell Banker Realty-Dewitt
List Price
$8,925
Sold Price
$8,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.43%

Purchase Details

Closed on
Jun 24, 2010
Sold by
Vermetti Joseph Scott
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 12, 2007
Sold by
Vermetti Joseph Scott
Bought by
Vermetti Joseph Scott and Vermetti Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2007
Sold by
The Bank Of New York Trust Co Na
Bought by
Rase Eric D

Purchase Details

Closed on
Jan 4, 2007
Sold by
Swartz Jason A
Bought by
The Bank Of New York Trust Co Na and Jp Morgan Chase Bank Na

Purchase Details

Closed on
Mar 21, 2000
Sold by
Collins Emily H
Bought by
Swartz Jason A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,700
Interest Rate
8.43%
Mortgage Type
FHA
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
Steffes Naomi M -- None Available
Federal National Mortgage Association $53,671 None Available
Vermetti Joseph Scott -- First American Title Ins Co
Vermetti Joseph Scott $50,000 First American Title Ins Co
The Bank Of New York Trust Co Na $44,000 None Available
Swartz Jason A -- --
Swartz Jason A $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vermetti Joseph Scott $40,000
Previous Owner Swartz Jason A $51,000
Previous Owner Swartz Jason A $32,700
Closed Swartz Jason A $2,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2012 04/12/12 Sold $8,925 0.0% $15 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
03/02/2012 03/02/12 For Sale $8,925 -- $15 / 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 $25,700 $2,700 $23,000
2023 $1,561 $22,300 $2,700 $19,600
2022 $1,429 $20,000 $2,800 $17,200
2021 $1,396 $18,500 $2,700 $15,800
2020 $1,386 $17,500 $2,700 $14,800
2019 $1,336 $16,700 $2,700 $14,000
2018 $985 $15,400 $2,700 $12,700
2017 $942 $15,400 $2,700 $12,700
2016 $886 $15,100 $2,700 $12,400
2015 $886 $14,800 $5,367 $9,433
2014 $886 $14,700 $5,367 $9,333
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Karla Russell

    RE/MAX Michigan

  • P

    Buyer's Agent in 2012

    Peter Schafer

    Coldwell Banker Realty-Dewitt

See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 34626

Greater Lansing Association of Realtors®

APN: 01-01-03-382-051

Michigan Ingham County Lansing 48906 Northtown

2002 Massachusetts Ave, Lansing, MI

This home is located at 2002 Massachusetts Ave, Lansing, MI 48906 since 02 March 2012 and is currently estimated at $77,190, approximately $134 per square foot. This property was built in 1924. 2002 Massachusetts Ave is a home located in Ingham County with nearby schools including Gier Park School, Pattengill Academy, and Eastern Lansing High School.

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