NOT LISTED FOR SALE

2558 Gilbert Rd Lansing, MI 48911

Estimated Value: $115,000 - $187,000

2 Beds
1 Bath
776 Sq Ft
$195/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $60,000 $77 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,117/month

54 Days on Market

Highlights

  • 5.58 Acre Lot
  • Granite Countertops
  • Bungalow
  • Main Floor Primary Bedroom
  • Living Room
  • Forced Air Heating System

About This Home

As of January 2018

Great location to find over 5.5 acres with an old farm house on it that's been updated with modern cabinets, granite tops, and more. Opportunity for an investor or other. House sold 'as-is'. Lots of potential and opportunity with this property. Zoned A1 (agricultural). Please call for questions about zoning/use.

Last Agent to Sell the Property

John Douglas

Keller Williams Realty Lansing License #6501386927 Listed on: 11/10/2017

Keller Williams Realty Lansing

Last Buyer's Agent

Michael Martin

EXIT Realty Home Partners License #6501400733

EXIT Realty Home Partners

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 5.58 Acre Lot
  • Lot Dimensions are 729x332
  • West Facing Home

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 776 Sq Ft Home
  • Living Room
  • Dining Room
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Basement

  • Michigan Basement
  • Partial Basement

Parking

  • No Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Hot Water Heating System
  • Well
  • Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1910 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Property Conditions Updated Remodeled: Yes
  • Current Use: Investment
  • Tax Year: 2017
  • Year Built: 1910
  • Lot Size Acres: 5.58
  • Lot Size: 729x332
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 776.0
  • Architectural Style: Bungalow
  • Living Area: 776.0
  • New Construction: No
  • General Property Info:Lot Size Dimensions: 729x332
  • General Property Info:Above Grade Finished Area: 776.0
  • General Property Info:Total Livable Area: 776.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Location Legal Info:Real Estate Owned: No
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Bungalow: Yes
  • General Property Info:Building Area Total SqFt: 1216.0
  • General Property Info:Front Door: West
  • Special Features: None

Interior Features

  • Basement: Michigan, Partial
  • Heating: Forced Air, Hot Water, Propane
  • Interior Amenities: Granite Counters
  • Total Bedrooms: 2
  • Room: 5
  • Property Type: Residential
  • Full Bathrooms: 1
  • Basement:Michigan: Yes
  • Basement:Partial: Yes
  • Interior Features:Granite Counters: Yes
  • Appliances:None3: Yes

Exterior Features

  • Roof: Shingle
  • RoadSurfaceType: Paved
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: West
  • Property Condition: Updated/Remodeled

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Appliances: Water Heater
  • Water Source: Well
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Hot Water: Yes
  • Water Heater: Yes
  • Heating:Propane: Yes

Schools

  • Junior High Dist: Holt/Dimondale

Lot Info

  • Lot Size Sq Ft: 243064.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 8412
  • Tax Annual Amount: 3759.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2021
Sold by
Barnhart L James
Bought by
Moye Amy
Current Estimated Value
$151,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,100
Outstanding Balance
$140,200
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$10,800

Purchase Details

Closed on
Jan 21, 2021
Sold by
Barnhart L James
Bought by
Whitford Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,100
Outstanding Balance
$140,200
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$10,800

Purchase Details

Closed on
Oct 15, 2020
Sold by
Barnhart L James
Bought by
Houser Abigail L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 10, 2017
Closed on
Jan 19, 2018
Sold by
Enciso Matthew and Enciso Gregory Stephen
Bought by
Barnhart L James
Seller's Agent
John Douglas
Keller Williams Realty Lansing
Buyer's Agent
Michael Martin
EXIT Realty Home Partners
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%
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
Moye Amy $60,000 None Available
Whitford Kimberly J $30,000 None Available
Houser Abigail L $100,000 None Available
Barnhart L James $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moye Amy $156,100
Previous Owner Houser Abigail L $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2018 01/19/18 Sold $60,000 0.0% $77 / Sq Ft
01/03/2018 01/03/18 Pending -- -- --
12/27/2017 12/27/17 Price Changed $60,000 -20.0% $77 / Sq Ft
11/10/2017 11/10/17 For Sale $75,000 -- $97 / 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 -- $0 $0 $0
2024 -- $0 $0 $0
2023 $3,900 $0 $0 $0
2022 $3,900 $0 $0 $0
2021 $3,900 $55,200 $28,900 $26,300
2020 $3,900 $55,200 $28,900 $26,300
2019 $3,464 $54,900 $28,900 $26,000
2018 $3,380 $49,900 $21,600 $28,300
2017 $3,448 $49,900 $21,600 $28,300
2016 $3,622 $48,100 $21,600 $26,500
2015 $3,676 $46,800 $43,276 $3,524
2014 $3,676 $46,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 221600

Greater Lansing Association of Realtors®

APN: 25-05-07-452-002