NOT LISTED FOR SALE

2485 Featherstone Dr Lansing, MI 48911

Estimated Value: $235,438 - $327,000

3 Beds
2 Baths
1,153 Sq Ft
$237/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2014

Last sale price $119,000 $103 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,784 / mo

84 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Living Room
  • 1 Fireplace
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of April 2014

TRADITIONAL 3 BEDROOM, 2 BATH RANCH WITH A PARTLY FINISHED BASEMENT, 2 CAR GARAGE. LARGE DECK, CENTRAL AIR, HARDWOOD FLOORS, AND A PANTRY. LOCATED IN SOUTH LANSING BUT IN THE HOLT SCHOOL DISTRICT, THIS IS A PROUD NEIGHBORHOOD THAT IS LOCATED CLOSE TO HIGHWAYS, PARKS ,SCHOOLS , CHURCHES AND SHOPPING AND IS A GREAT PLACE TO LIVE AND GROW UP IN. AND WHAT A PRICE!*THIS IS A FANNIE MAE HOMEPATH PROPERTY.? THE SELLER HAS DIRECTED THAT ALL FANNIE MAE OFFERS BE SUBMITTED USING THE OFFER SYSTEM ON THE HOMEPATH WEBSITE.? ONLY OFFERS FROM OWNER OCCUPANTS OR PUBLIC ENTITIES AND THEIR DESIGNATED PARTNERS WILL BE CONSIDERED FOR THE FIRST 20 DAYS OF THE LISTING.? ALL OWNER OCCUPANTS MUST SUBMIT A SIGNED ''OWNER OCCUPANT CERTIFICATE'' WITH ANY OFFER. (SEE ATTACHMENTS).? FOR ALL OFFERS SUBJECT TO A MOR A PRE APPROVAL LETTER MUST BE SUBMITTED WITH THE OFFER.? ALL BUYERS WILL BE CHARGED THE STATE TRANSFER TAX AND PAY A CLOSING FEE, UP TO $500 +/-, TO THE TITLE COMPANY.? IF THIS IS A CASH TRANSACTION, FANNIE MAE REQUIRES 10% EARNEST MONEY . MINIMUM COMMISSION 1000 / 1000.* PURCHASE THIS PROPERTY FOR AS LITTLE AS 5% DOWN! THIS PROPERTY IS APPROVED FOR HOMEPATH MORTGAGE FINANCING AND HOMEPATH RENOVATION MORTGAGE FINANCING

Last Agent to Sell the Property

Chris Dean

Gateway to Homes License #6506043716 Listed on: 12/19/2013

Last Buyer's Agent

Chad Dutcher

RE/MAX Real Estate Professionals License #6506041503

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 0.4

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,153 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • 17,424 Sq Ft Lot

Community Details

  • Cardinal Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0.4 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1993
  • Above Grade Finished Sq Ft: 1153.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 116X151 .40AC
  • General Property Info:Reserved Items: No
  • General Property Info:Above Grade Finished Area: 1153.0
  • General Property Info:Level 1 Finished Area: 1153.0
  • General Property Info:Total Livable Area: 1153.0
  • General Property Info:ECO Friendly Features: No
  • Architectural Style:Ranch: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 3
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Levels: One
  • Fireplaces: 1
  • Bedroom 3 Level: First
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1153.0
  • Baths:_pound_Full Baths 1: 2
  • Appliances:Gas Water Heater: Yes
  • Rooms:Bedroom 2: Yes
  • Rooms:Bedroom 3: Yes
  • Rooms:Dining Room2: Yes
  • Rooms:Kitchen2: Yes
  • Rooms:Kitchen Level2: First
  • Rooms:Living Room2: Yes
  • Rooms:Primary Bedroom2: Yes
  • Primary Bedroom Level: First
  • Full Basement: Yes
  • Levels:One: Yes
  • General Property Info:SqFt - Basement: 1144.0
  • Appliances:None3: Yes

Exterior Features

  • Patio And Porch Features: Covered
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Covered: Yes
  • Exterior:Vinyl Siding: Yes

Garage/Parking

  • Parking Features: Attached
  • Parking Features Garage Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

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

Schools

  • Junior High Dist: Holt/Dimondale

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size: 116X151 .40AC
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres
  • Location Legal Info:Real Estate Owned: Yes
  • Land Acreage 14 thru 12 Acre: Yes

Tax Info

  • Tax Annual Amount: 3649.0
  • Tax Info:Taxable Value: 54579.0
  • Tax Info:State Eq Value: 55900.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2013
Closed on
Apr 30, 2014
Sold by
Fannie Mae
Bought by
Ward Freeman R
Seller's Agent
Chris Dean
Gateway to Homes
Buyer's Agent
Chad Dutcher
RE/MAX Real Estate Professionals
List Price
$134,900
Sold Price
$119,000
Premium/Discount to List
-$15,900
-11.79%
Current Estimated Value
$273,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,610
Avg. Annual Appreciation
7.17%
Original Mortgage
$113,050
Outstanding Balance
$86,157
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$187,453

Purchase Details

Closed on
Mar 22, 2013
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 7, 2013
Sold by
Wein Bernard P and Wein Gayla M
Bought by
Citimortgage Inc

Purchase Details

Closed on
Oct 6, 1995
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ward Freeman R -- Parks Title
Federal National Mortgage Association -- None Available
Citimortgage Inc $94,164 None Available
-- $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Freeman R $113,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2014 04/30/14 Sold $119,000 -11.8% $103 / Sq Ft
03/13/2014 03/13/14 Pending -- -- --
12/19/2013 12/19/13 For Sale $134,900 -- $117 / Sq Ft
Source: Greater Lansing Association of Realtors®

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 $3,997 $101,500 $35,000 $66,500
2024 $3,613 $93,400 $29,200 $64,200
2023 $3,613 $91,900 $28,400 $63,500
2022 $3,485 $83,800 $24,900 $58,900
2021 $3,386 $81,500 $15,600 $65,900
2020 $3,451 $71,000 $15,600 $55,400
2019 $3,353 $66,900 $15,600 $51,300
2018 $3,334 $64,300 $16,500 $47,800
2017 $3,092 $64,300 $16,500 $47,800
2016 $3,062 $62,300 $16,500 $45,800
2015 $2,899 $59,900 $25,000 $34,900
2014 $2,899 $57,300 $25,000 $32,300
Source: Public Records

Agents Affiliated with this Home

  • Chris Dean

    Seller's Agent in 2014

    Chris Dean

    Gateway to Homes

    (517) 749-6666

    4 in this area

    110 Total Sales

    Chris Dean
    Section Image
  • Chad Dutcher

    Buyer's Agent in 2014

    Chad Dutcher

    RE/MAX Michigan

    (517) 214-8484

    6 in this area

    125 Total Sales

    Chad Dutcher
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 54652

Greater Lansing Association of Realtors®

APN: 25-05-18-204-016

Michigan Ingham County Lansing 48911

2485 Featherstone Dr, Lansing, MI

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