$17,000
SOLD JUN 4, 2019

2505 S Martin Luther King Junior Blvd Lansing, MI 48910

Greencroft Park Neighborhood
3 Beds
1 Bath
918 Sq Ft
10,629 Sq Ft Lot

Recently Sold

$19 Per Sq Ft

10% Below List Price

Highlights

  • 0.24 Acre Lot
  • Ranch Style House
  • Forced Air Heating System
  • Deck
  • Living Room
  • Dining Room

About This Home

As of September 2020

Good potential with extra adjacent lot! Property Sold As-Is. Investors may purchase, but restrictions apply.
Cannot be used for rental property. Buyer to communicate with municipality directly
regarding any code violations or red tags. Easy to show. Seller will not reply to any offers over the weekend or after 5 p.m. *All mechanicals may not be present or in working order.

Last Agent to Sell the Property

Margaret Gerich

RE/MAX Real Estate Professionals License #650644295 Listed on: 03/20/2019

RE/MAX Real Estate Professionals

Last Buyer's Agent

Jason Vermetti

Great America Brokers LLC License #6501418035

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,213

Year Built

  • Built in 1926

Lot Details

  • 10,629 Sq Ft Lot
  • Lot Dimensions are 80x132.50

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Shingle Roof
  • Hardboard

Interior Spaces

  • 918 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Elmhurst Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,213

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2019
  • Levels: One
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1926
  • Lot Size Acres: 0.24
  • Lot Size: 80x132.50
  • Subdivision Name: Elmhurst
  • Above Grade Finished Sq Ft: 918.0
  • Architectural Style: Ranch
  • Living Area: 918.0
  • General Property Info:Lot Size Dimensions: 80x132.50
  • General Property Info:Above Grade Finished Area: 918.0
  • General Property Info:Total Livable Area: 918.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Hardboard: Yes
  • General Property Info:Building Area Total SqFt: 1686.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 3
  • Room: 5
  • Property Type: Residential
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Community Features:Sidewalks: Yes
  • Appliances:None3: Yes

Exterior Features

  • Roof: Shingle
  • RoadFrontageType: City Street
  • Patio And Porch Features: Deck
  • Home Warranty: No
  • Construction Type: Hardboard
  • Patio Porch Features:Deck: Yes

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 10628.64
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2024
Sold by
Herrington Kippen and Herrington Sydney A
Bought by
Herrington Family and Herrington
Current Estimated Value
$96,980

Purchase Details

Listed on
Oct 14, 2019
Closed on
Sep 30, 2020
Sold by
Rase Eric D
Bought by
Kippen Sydney A
Seller's Agent
Cindy Rase
Great America Brokers LLC
Buyer's Agent
Ross Yednock
Century 21 Affiliated
List Price
$69,000
Sold Price
$59,750
Premium/Discount to List
-$9,250
-13.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%
Original Mortgage
$3,940
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2019
Closed on
Jun 4, 2019
Sold by
Land Bank Fast Authority
Bought by
Rase Eric D
Seller's Agent
Margaret Gerich
RE/MAX Real Estate Professionals
Buyer's Agent
Jason Vermetti
Great America Brokers LLC
List Price
$18,900
Sold Price
$17,000
Premium/Discount to List
-$1,900
-10.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
157.30%

Purchase Details

Closed on
Jan 2, 2018
Sold by
Anthony Sarah and Byrum Barb
Bought by
Ingham County Land Bank Fast Track

Purchase Details

Closed on
Dec 5, 2017
Sold by
Schertzing Eric
Bought by
County Of Ingham

Purchase Details

Closed on
Mar 31, 2014
Sold by
Abduljaber Mohamad H
Bought by
Dexter Gary Lee D

Purchase Details

Closed on
Sep 13, 2012
Sold by
Schertzing Eric
Bought by
Abduljaber Mohamed H
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $59,750 None Available
Warranty Deed -- None Available
Warranty Deed $59,750 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $17,000 Cinnaire Title Services
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Land Contract -- Tri County Title Agency Inc
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,940 New Conventional
Previous Owner $58,667 FHA
Previous Owner $3,940 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $59,750 -0.3% $65 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
03/16/2020 03/16/20 Price Changed $59,900 -11.8% $65 / Sq Ft
11/04/2019 11/04/19 Price Changed $67,900 -1.6% $74 / Sq Ft
10/14/2019 10/14/19 For Sale $69,000 +305.9% $75 / Sq Ft
06/04/2019 06/04/19 Sold $17,000 -10.1% $19 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $18,900 -- $21 / 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 $2,213 $37,300 $5,800 $31,500
2024 $17 $37,700 $5,800 $31,900
2023 $2,151 $33,200 $5,800 $27,400
2022 $1,875 $31,500 $7,400 $24,100
2021 $1,861 $29,000 $5,600 $23,400
2020 $2,090 $25,500 $5,600 $19,900
2019 $3,980 $0 $0 $0
2018 $3,980 $22,000 $5,600 $16,400
2017 $1,653 $22,000 $5,600 $16,400
2016 $1,555 $21,600 $5,600 $16,000
2015 $1,555 $20,800 $11,138 $9,662
2014 $1,555 $20,300 $11,138 $9,162
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 234669

Greater Lansing Association of Realtors®

APN: 01-01-29-278-011