NOT LISTED FOR SALE

2305 Marguerite Ave Lansing, MI 48912

Groesbeck Neighborhood

Estimated Value: $200,825 - $224,000

3 Beds
1.5 Baths
1,019 Sq Ft
$208/Sq Ft Est. Value

Last Sold September 08, 2017

Last sale price $122,242 $120 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,427/month

5 Days on Market

Highlights

  • Ranch Style House
  • Screened Porch
  • Window Unit Cooling System
  • Cathedral Ceiling
  • Attached Garage
  • 2-minute walk to Tollgate Wetlands

About This Home

As of September 2017

Great location convenient to shopping, MSU, Downtown Lansing and highways. 3 bedroom with 1 and a half baths. Freshly painted and new carpet. Newer furnace, electrical box, and sewer line to the street. Great light flowing through the spacious windows. Lower level has finished area. 2 car carport along with nice size screened in porch area.

Last Agent to Sell the Property

Amy Williams

Keller Williams Realty Lansing License #6506045320 Listed on: 07/14/2017

Keller Williams Realty Lansing

Last Buyer's Agent

Nichole McCollum

RE/MAX Real Estate Professionals, Inc. West License #6501359867

RE/MAX Real Estate Professionals, Inc. West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,994

Year Built

  • Built in 1954

Lot Details

  • 7,144 Sq Ft Lot
  • Lot Dimensions are 65x110
  • South Facing Home

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,019 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Dining Room
  • Screened Porch
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Freezer
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Carport

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Hopwood Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,994

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2017
  • Levels: One
  • Year Built: 1954
  • Lot Size Acres: 0.16
  • Lot Size: 65x110
  • Subdivision Name: Hopwood
  • Above Grade Finished Sq Ft: 1019.0
  • Architectural Style: Ranch
  • Living Area: 1019.0
  • General Property Info:Lot Size Dimensions: 65x110
  • General Property Info:Above Grade Finished Area: 1019.0
  • General Property Info:Total Livable Area: 1019.0
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Exterior:Aluminum Siding: Yes
  • Location Legal Info:Real Estate Owned: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:Window Unit(s): Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • General Property Info:Building Area Total SqFt: 2038.0
  • General Property Info:Front Door: South
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Cathedral Ceiling(s), Laminate Counters, Primary Downstairs
  • Total Bedrooms: 3
  • Room: 5
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Community Features:Curbs: Yes
  • Community Features:Sidewalks: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Roof: Shingle
  • RoadFrontageType: City Street
  • Patio And Porch Features: Covered, Porch, Screened
  • Construction Type: Brick, Aluminum Siding
  • Direction Faces: South
  • Patio Porch Features:Screened: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Attached, Carport
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Carport: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Freezer, Gas Water Heater, Washer, Refrigerator, Electric Oven, Dryer, Dishwasher
  • Cooling: Window Unit(s)
  • LaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 7143.84
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 3216
  • Tax Annual Amount: 1994.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2017
Closed on
Sep 8, 2017
Sold by
Nweke Felix Izu and Nweke Nwogo
Bought by
Fletcher Jennifer
Seller's Agent
Amy Williams
Keller Williams Realty Lansing
Buyer's Agent
Nichole McCollum
RE/MAX Real Estate Professionals, Inc. West
List Price
$119,000
Sold Price
$122,242
Premium/Discount to List
$3,242
2.72%
Current Estimated Value
$207,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,996
Avg. Annual Appreciation
6.55%
Original Mortgage
$120,027
Outstanding Balance
$101,421
Interest Rate
3.9%
Mortgage Type
FHA
Estimated Equity
$100,783

Purchase Details

Closed on
Jul 29, 2005
Sold by
Wilson Tommy J and Wilson Carolyn E
Bought by
Nweke Felix Izu and Nweke Nwogo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 27, 1999
Sold by
Rice Marjorie
Bought by
Wilson Tommy J and Wilson Carolyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Fletcher Jennifer -- None Available
Nweke Felix Izu $135,000 Fatic
Wilson Tommy J $49,500 Title Office
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fletcher Jennifer $120,027
Previous Owner Nweke Felix Izu $100,000
Previous Owner Wilson Tommy J $82,500
Previous Owner Wilson Tommy J $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2017 09/08/17 Sold $122,242 +2.7% $120 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
07/14/2017 07/14/17 For Sale $119,000 -- $117 / 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 $3,507 $81,400 $17,200 $64,200
2023 $3,507 $73,100 $18,600 $54,500
2022 $3,354 $65,300 $18,900 $46,400
2021 $3,371 $63,400 $15,500 $47,900
2020 $3,049 $60,000 $15,500 $44,500
2019 $2,956 $57,200 $11,600 $45,600
2018 $2,729 $55,100 $12,200 $42,900
2017 $3,079 $55,100 $12,200 $42,900
2016 -- $52,200 $10,700 $41,500
2015 -- $51,600 $21,436 $30,164
2014 -- $45,100 $17,761 $27,339
Source: Public Records

Agents Affiliated with this Home

  • Amy Williams

    Seller's Agent in 2017

    Amy Williams

    Keller Williams Realty Lansing

    (517) 282-1567

    12 in this area

    145 Total Sales

    Section Image

  • N

    Buyer's Agent in 2017

    Nichole McCollum

    RE/MAX Michigan

    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 218092

Greater Lansing Association of Realtors®

APN: 21-01-11-307-018

Michigan Ingham County Lansing 48912 Groesbeck

2305 Marguerite Ave, Lansing, MI

This home is located at 2305 Marguerite Ave, Lansing, MI 48912 since 14 July 2017 and is currently estimated at $211,956, approximately $208 per square foot. This property was built in 1954. 2305 Marguerite Ave is a home located in Ingham County with nearby schools including Pattengill Academy, Willow School, and Eastern Lansing High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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