2505 Fairfax Rd Lansing, MI 48910
Colonial Village NeighborhoodEstimated payment $1,509/month
Highlights
- Property is near public transit
- Wood Flooring
- Neighborhood Views
- Traditional Architecture
- Granite Countertops
- Shutters
About This Home
**HIGHEST AND BEST DUE 3/2/2026 6PM** Desirable Colonial Village neighborhood of Lansing. This 3-bedroom, 1.5-bath home blends timeless 1954 character with major updates that today's buyers appreciate. Featuring hardwood floors, two fireplaces, and beautiful built-in shelving and dining buffet, this home offers warmth and charm rarely found in this price range. The kitchen includes granite countertops and a brand-new refrigerator for immediate peace of mind. Significant updates include a brand-new roof in 2025 and fresh interior paint throughout. The partially finished basement with new drywall provides additional living space ideal for a rec room, office, or flex area. Enjoy a beautifully landscaped yard, covered patio for entertaining, attached garage with opener, and storage shed Conveniently located near highways, schools, shopping, and downtown Lansing. One of the most complete homes currently available under $230,000, don't miss it.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,062
Year Built
- Built in 1954
Lot Details
- 5,750 Sq Ft Lot
- Lot Dimensions are 50x115
- West Facing Home
- Landscaped
- Interior Lot
- Level Lot
- Few Trees
- Back Yard Fenced and Front Yard
Parking
- 1 Car Attached Garage
Home Design
- Traditional Architecture
- Flat Roof Shape
- Block Foundation
- Shingle Roof
- Aluminum Siding
- Stone Exterior Construction
Interior Spaces
- 2-Story Property
- Built-In Features
- Bookcases
- Ceiling Fan
- Double Pane Windows
- Shutters
- Blinds
- Window Screens
- Living Room with Fireplace
- Neighborhood Views
- Granite Countertops
Flooring
- Wood
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
- Laundry in Basement
Home Security
- Security System Leased
- Smart Thermostat
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
- Shed
- Rain Gutters
Location
- Property is near public transit
- City Lot
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
- Natural Gas Connected
- High Speed Internet
- Cable TV Available
Community Details
- Colonial Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,892 | $86,000 | $8,900 | $77,100 |
| 2024 | $39 | $79,300 | $8,900 | $70,400 |
| 2023 | $4,584 | $71,800 | $8,900 | $62,900 |
| 2022 | $3,788 | $64,900 | $7,300 | $57,600 |
| 2021 | $3,709 | $60,600 | $5,900 | $54,700 |
| 2020 | $2,709 | $56,100 | $5,900 | $50,200 |
| 2019 | $2,597 | $50,800 | $5,900 | $44,900 |
| 2018 | $2,433 | $49,000 | $5,900 | $43,100 |
| 2017 | $2,330 | $49,000 | $5,900 | $43,100 |
| 2016 | $2,228 | $43,500 | $5,900 | $37,600 |
| 2015 | $2,228 | $40,400 | $11,747 | $28,653 |
| 2014 | $2,228 | $40,100 | $8,811 | $31,289 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/01/2026 03/01/26 | For Sale | $224,900 | +10.8% | $144 / Sq Ft | |
| 07/18/2022 07/18/22 | Sold | $203,000 | +9.8% | $130 / Sq Ft | View Prior Sale |
| 06/03/2022 06/03/22 | Pending | -- | -- | -- | |
| 05/20/2022 05/20/22 | For Sale | $184,900 | +29.3% | $118 / Sq Ft | |
| 07/10/2020 07/10/20 | Sold | $143,000 | +6.0% | $91 / Sq Ft | View Prior Sale |
| 06/16/2020 06/16/20 | Pending | -- | -- | -- | |
| 06/03/2020 06/03/20 | For Sale | $134,900 | -- | $86 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $203,000 | None Listed On Document | |
| Warranty Deed | $143,000 | Tri County Title Agency Llc | |
| Interfamily Deed Transfer | -- | Tri County Title Agency Llc | |
| Sheriffs Deed | $148,931 | None Available | |
| Warranty Deed | $129,500 | Tri County Title Agency | |
| Warranty Deed | $120,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $192,060 | New Conventional | |
| Previous Owner | $138,710 | New Conventional | |
| Previous Owner | $129,450 | Fannie Mae Freddie Mac | |
| Previous Owner | $96,000 | Purchase Money Mortgage |
Source: Greater Lansing Association of Realtors®
MLS Number: 294043
APN: 01-01-29-152-081
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Copyright © 2026 Greater Lansing Association of REALTORS®
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