NOT LISTED FOR SALE

Estimated Value: $129,000 - $162,000

4 Beds
2 Baths
1,716 Sq Ft
$81/Sq Ft Est. Value

Last Sold January 07, 2020

Last sale price $40,500 $24 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $1,027/month

120 Days on Market

Highlights

  • Deck
  • Porch
  • Dining Room
  • Main Floor Bedroom
  • Living Room
  • Hot Water Heating System

About This Home

As of January 2020

Excellent opportunity with this four bedroom two full bath home in a north Lansing neighborhood convenient to downtown. Spacious living room; formal dining room; first floor laundry; walkout basement; deck; two bedrooms and a full bath on the first floor; two possibly three bedrooms and a full bath on the second floor with the potential for a fifth bedroom if necessary in addition to a huge loft area that can serve as a rec room or family room. 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: 08/20/2019

RE/MAX Real Estate Professionals

Last Buyer's Agent

Ryan Whitehill

Five Star Real Estate - Lansing License #6501314102

Five Star Real Estate - Lansing

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 9,714 Sq Ft Lot
  • Lot Dimensions are 42x 231
  • South Facing Home

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,716 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • North Gardens Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1928

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: 2018
  • Levels: Two
  • Year Built: 1928
  • Lot Size Acres: 0.22
  • Lot Size: 42X 231
  • Subdivision Name: North Gardens
  • Above Grade Finished Sq Ft: 1716.0
  • Living Area: 1716.0
  • General Property Info:Lot Size Dimensions: 42X 231
  • General Property Info:Above Grade Finished Area: 1716.0
  • General Property Info:Total Livable Area: 1716.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Laundry Features:Main Level: Yes
  • Levels:Two2: Yes
  • Location Legal Info:Real Estate Owned: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 2816.0
  • General Property Info:Front Door: South
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Full, Walk-Out Access
  • Heating: Hot Water, Natural Gas
  • Total Bedrooms: 4
  • Room: 8
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Other Level: Second
  • Full Bathrooms: 2
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:None3: Yes

Exterior Features

  • Roof: Shingle
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Deck, Porch
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: South
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Gravel, No Garage
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: None, Electric Water Heater
  • LaundryFeatures: Main Level
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 9713.88
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2636.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2019
Closed on
Jan 7, 2020
Sold by
Fannie Mae
Bought by
Yanke Jane M
Seller's Agent
D. Michon/Michon Group
RE/MAX Real Estate Professionals
Buyer's Agent
Ryan Whitehill
Five Star Real Estate - Lansing
List Price
$54,900
Sold Price
$40,500
Premium/Discount to List
-$14,400
-26.23%
Total Days on Market
120
Current Estimated Value
$139,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,228
Avg. Annual Appreciation
24.17%

Purchase Details

Closed on
May 21, 2019
Sold by
Kivela Jennifer Lyn
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 26, 2015
Sold by
Kivela Paul
Bought by
Kivela Jennifer Lynn

Purchase Details

Closed on
Aug 26, 2008
Sold by
Thompson Jeffery and Thompson Jeffrey
Bought by
Kivela Paul and Kivela Jennifer Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2007
Sold by
Ford Robert
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 11, 2004
Sold by
Capital Real Estate Investment
Bought by
Ford Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2003
Sold by
Mortgage Electronic Registration Systems
Bought by
Bank Of New York

Purchase Details

Closed on
Mar 13, 2003
Sold by
Hicks Daniel and Hicks Barbara S
Bought by
Mortgage Electronic Registration Systems
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
Yanke Jane M -- First Title & Escrow Inc
Federal National Mortgage Association $52,266 Punctual Abstract Co Inc
Kivela Jennifer Lynn -- None Available
Kivela Paul $83,000 Diversified National Title
Wells Fargo Bank Na $100,864 None Available
Wells Fargo Bank Na $100,864 None Available
Ford Robert $108,000 Ct
Bank Of New York -- Metro
Mortgage Electronic Registration Systems $67,137 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kivela Paul $66,400
Previous Owner Ford Robert $97,200
Previous Owner Hicks Daniel $59,200
Previous Owner Hicks Daniel G $43,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2020 01/07/20 Sold $40,500 -9.8% $24 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
11/25/2019 11/25/19 Price Changed $44,900 -6.3% $26 / Sq Ft
10/29/2019 10/29/19 Price Changed $47,900 -4.0% $28 / Sq Ft
09/19/2019 09/19/19 Price Changed $49,900 -9.1% $29 / Sq Ft
08/20/2019 08/20/19 For Sale $54,900 -- $32 / 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 $3,207 $60,300 $6,300 $54,000
2024 $25 $53,400 $6,300 $47,100
2023 $3,007 $46,500 $6,300 $40,200
2022 $2,710 $45,800 $8,400 $37,400
2021 $2,654 $42,800 $7,300 $35,500
2020 $3,337 $41,600 $7,300 $34,300
2019 $4,773 $39,800 $7,300 $32,500
2018 $2,499 $33,700 $7,300 $26,400
2017 $2,406 $33,700 $7,300 $26,400
2016 $2,310 $33,200 $7,300 $25,900
2015 $2,310 $31,500 $14,556 $16,944
2014 $2,310 $30,800 $15,396 $15,404
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 240040

Greater Lansing Association of Realtors®

APN: 01-01-04-454-131