NOT LISTED FOR SALE

2306 E Grand River Ave Lansing, MI 48912

Foster Neighborhood

Estimated Value: $132,000 - $198,000

2 Beds
1 Bath
893 Sq Ft
$184/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $45,111 $51 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $901/month

27 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Living Room
  • Ranch Style House
  • Covered patio or porch
  • 4-minute walk to Tollgate Wetlands

About This Home

As of June 2018

Adorable two bedroom ranch in a convenient northeast Lansing location minutes from Frandor, downtown Lansing, Groesbeck Golf Course and Eastwood Towne Center! Spacious living room with hardwood floors and fireplace; cool retro bathroom decor; walk up attic; the full basement provides plenty of storage options and the possibility of adding additional living space! This is a Fannie Mae Homepath property.

Last Agent to Sell the Property

D. Michon/Michon Group

RE/MAX Real Estate Professionals License #6501311699 Listed on: 05/02/2018

RE/MAX Real Estate Professionals

Last Buyer's Agent

Justin Bledden

Berkshire Hathaway HomeServices License #6501377157

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 5,881 Sq Ft Lot
  • Lot Dimensions are 50x117.6
  • North Facing Home

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 893 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered patio or porch

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 1941

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2017
  • Levels: One
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1941
  • Fireplaces: 1
  • Lot Size Acres: 0.14
  • Lot Size: 50X117.6
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 893.0
  • Architectural Style: Ranch
  • Living Area: 893.0
  • General Property Info:Lot Size Dimensions: 50X117.6
  • General Property Info:Above Grade Finished Area: 893.0
  • General Property Info:Total Livable Area: 893.0
  • 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
  • Architectural Style:Ranch: Yes
  • Exterior:Wood Siding: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1786.0
  • General Property Info:Front Door: North
  • Special Features: RealEstateOwned

Interior Features

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

Exterior Features

  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Type: Wood Siding
  • Direction Faces: North
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Sewer: Public Sewer
  • Appliances: None, Gas Water Heater
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 5880.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2164.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Jun 14, 2018
Sold by
Fannie Mae
Bought by
Chu Shmson
Seller's Agent
D. Michon/Michon Group
RE/MAX Real Estate Professionals
Buyer's Agent
Justin Bledden
Berkshire Hathaway HomeServices
List Price
$44,600
Sold Price
$45,111
Premium/Discount to List
$511
1.15%
Current Estimated Value
$162,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,471
Avg. Annual Appreciation
18.76%

Purchase Details

Closed on
Mar 16, 2018
Sold by
Backhaus Sanchez Joan and Backhaus Sanchez Joan Elizabeth
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 1, 1993
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
Chu Shmson -- First Title & Escrow
Federal National Mortgage Association $73,707 None Available
-- $46,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chu Samson $55,500
Previous Owner Backhaus Sanchez Joan Elizabeth $78,400
Previous Owner Backhaus Joan E $84,000
Previous Owner Backhaus Joan $36,650
Previous Owner Backhaus Joan $35,000
Previous Owner Backhaus Sanchez Joan Elizabeth $21,000
Previous Owner Backhaus Sanchez Joan Elizabeth $16,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2018 06/14/18 Sold $45,111 +1.1% $51 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $44,600 -- $50 / 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 $36 $65,700 $12,100 $53,600
2023 $4,055 $60,100 $12,100 $48,000
2022 $3,699 $55,400 $9,900 $45,500
2021 $3,613 $51,100 $8,500 $42,600
2020 $3,588 $47,600 $8,500 $39,100
2019 $3,425 $44,000 $0 $0
2018 $2,261 $42,300 $8,500 $33,800
2017 $2,165 $42,300 $8,500 $33,800
2016 $2,070 $39,000 $8,500 $30,500
2015 $2,070 $37,900 $16,974 $20,926
2014 $2,070 $36,700 $9,699 $27,001
Source: Public Records

Agents Affiliated with this Home

  • D. Michon/Michon Group

    Seller's Agent in 2018

    D. Michon/Michon Group

    RE/MAX Michigan

    (517) 712-3690

    1 in this area

    67 Total Sales

    Section Image
  • Justin Bledden

    Buyer's Agent in 2018

    Justin Bledden

    Berkshire Hathaway HomeServices

    (517) 899-8099

    8 Total Sales

    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 225638

Greater Lansing Association of Realtors®

APN: 01-01-11-354-311

Michigan Ingham County Lansing 48912 Foster

2306 E Grand River Ave, Lansing, MI

This home is located at 2306 E Grand River Ave, Lansing, MI 48912 since 02 May 2018 and is currently estimated at $164,129, approximately $183 per square foot. This property was built in 1941. 2306 E Grand River Ave is a home located in Ingham County with nearby schools including Pattengill Academy, Willow School, and Eastern Lansing High School.

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