NOT LISTED FOR SALE

Estimated Value: $80,000 - $118,000

3 Beds
1 Bath
756 Sq Ft
$132/Sq Ft Est. Value

Last Sold March 28, 2016

Last sale price $13,500 $18 Per Sq Ft

Est. 637% increase in value since last sale

Current estimated payment $743/month

120 Days on Market

Highlights

  • Covered Patio or Porch
  • Shed
  • Wood Siding
  • Living Room
  • Dining Room
  • No Heating

About This Home

As of March 2016

This property is now under auction terms. Pre-sale offers should be submitted through www.hudsonandmarshall.com. This property is subject to a 5% (with a min of $1500) buyer's premium pursuant to the Auction Terms & Conditions. Please contact the listing agent for commission and details, as commissions may change between the pre-sale and auction periods. This is a reserve auction and all offers are subject to seller approval. Please contact listing agent for details. Note: Commission paid at escrow on this property is 1% of the high bid, with a $400 minimum to the cooperating broker. There is not a set minimum or starting bid on this property.

Last Agent to Sell the Property

D. Michon/Michon Group

RE/MAX Real Estate Professionals License #6501311699 Listed on: 10/19/2015

RE/MAX Real Estate Professionals

Last Buyer's Agent

David Michon

Berkshire Hathaway HomeServices License #6501311699

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1908

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 41 x 84

Home Design

  • Wood Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • No Heating
  • Gas Water Heater

Community Details

  • Gowers Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 15
  • Levels: Two
  • Year Built: 1908
  • Lot Size Acres: 0.08
  • Lot Size: 41 X 84
  • Subdivision Name: Gowers
  • Above Grade Finished Sq Ft: 756.0
  • Living Area: 756.0
  • General Property Info:Lot Size Dimensions: 41 X 84
  • General Property Info:Above Grade Finished Area: 756.0
  • General Property Info:Total Livable Area: 756.0
  • Baths:_pound_Full Baths 2: 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
  • Other Structures:Shed(s): Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Wood Siding: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1188.0
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Full
  • Heating: None
  • Total Bedrooms: 3
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances:None3: Yes

Exterior Features

  • OtherStructures: Shed(s)
  • Patio And Porch Features: Covered, Porch
  • Construction Type: Wood Siding
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: None, Gas Water Heater
  • Water Source: Public
  • Heating Yn: No
  • Heating:None2: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1305.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2015
Closed on
Mar 25, 2016
Sold by
Fannie Mae
Bought by
Bulos Andrew B
Seller's Agent
D. Michon/Michon Group
RE/MAX Real Estate Professionals
Buyer's Agent
D. Michon/Michon Group
RE/MAX Real Estate Professionals
List Price
$28,900
Sold Price
$13,500
Premium/Discount to List
-$15,400
-53.29%
Current Estimated Value
$99,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,963
Avg. Annual Appreciation
23.13%

Purchase Details

Closed on
Sep 2, 2015
Sold by
Everbank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 6, 2015
Sold by
Elchami Kanaan and Elchami Jeanette
Bought by
Everbank

Purchase Details

Closed on
Aug 17, 2001
Sold by
Gamm Sarah F
Bought by
Elchami Kanaan and Elchami Jeannette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2001
Sold by
Gamm Loretta J and Gamm Jonathan B
Bought by
Gamm Sarah F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 1999
Sold by
Gamm Sarah F
Bought by
Gamm Sarah F and Gamm Jonathan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,800
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1997
Sold by
Cosgray Steve R
Bought by
Gama Sarah

Purchase Details

Closed on
Aug 1, 1994
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
Bulos Andrew B $13,500 Servicelink
Federal National Mortgage Association $133 --
Everbank $28,300 Attorney
Elchami Kanaan $60,000 Midstate Title Company
Gamm Sarah F -- Midstate Title Company
Gamm Sarah F -- Fidelity National Title Ins
Gama Sarah $41,900 --
-- $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elchami Kanaan $57,000
Previous Owner Gamm Sarah F $46,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2016 03/28/16 Sold $13,500 -45.8% $18 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
12/18/2015 12/18/15 Price Changed $24,900 -9.4% $33 / Sq Ft
11/20/2015 11/20/15 Price Changed $27,490 -4.9% $36 / Sq Ft
10/19/2015 10/19/15 For Sale $28,900 -- $38 / 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 $2,579 $43,900 $5,900 $38,000
2024 $21 $38,300 $5,900 $32,400
2023 $2,428 $35,200 $5,900 $29,300
2022 $2,218 $32,600 $5,000 $27,600
2021 $2,167 $30,000 $4,200 $25,800
2020 $1,686 $28,000 $4,200 $23,800
2019 $1,631 $25,800 $4,200 $21,600
2018 $1,608 $26,300 $4,200 $22,100
2017 $1,539 $26,300 $4,200 $22,100
2016 $1,306 $23,900 $4,200 $19,700
2015 $1,306 $22,900 $8,402 $14,498
2014 $1,306 $22,500 $7,730 $14,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 76057

Greater Lansing Association of Realtors®

APN: 01-01-15-255-011