NOT LISTED FOR SALE

Estimated Value: $72,000 - $93,000

3 Beds
1 Bath
1,560 Sq Ft
$52/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $47,500 $30 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $516/month

69 Days on Market

Highlights

  • Solid Surface Countertops
  • Living Room
  • Dining Room
  • Covered Patio or Porch
  • Forced Air Heating System
  • 2-minute walk to Barb Dean Tot Lot

About This Home

As of March 2021

300 Isbell is a spacious 3 bedroom located in REO Town. The home features lovely finishes throughout and provides an excellent investment opportunity for landlords looking for long term tenants. Very motivated seller has priced this home to sell. Currently rented for $850 a month until 8/14/2020. Here is a video walkthrough:

Last Agent to Sell the Property

Cara Alspaugh

Trubrook, LLC License #6501430451 Listed on: 11/05/2020

Last Buyer's Agent

Kristen Wright

EXIT Realty Home Partners License #6501317464

EXIT Realty Home Partners

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1918

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 33x74
  • North Facing Home

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Reo Park Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1918

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Rental, Investment
  • Tax Year: 2020
  • Levels: Two
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1918
  • Lot Size Acres: 0.06
  • Lot Size: 33x74
  • Subdivision Name: REO Park
  • Above Grade Finished Sq Ft: 1040.0
  • Living Area: 1560.0
  • General Property Info:Lot Size Dimensions: 33x74
  • General Property Info:Above Grade Finished Area: 1040.0
  • General Property Info:Total Livable Area: 1560.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Levels:Two2: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Tax Info:Zoning3: Residential
  • Interior Features:Solid Surface Counters: Yes
  • General Property Info:Building Area Total SqFt: 1560.0
  • General Property Info:Front Door: North
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Solid Surface Counters
  • Total Bedrooms: 3
  • Room: 8
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Full Bathrooms: 1
  • Below Grade Sq Ft: 520.0
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes

Exterior Features

  • Roof: Shingle
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Porch
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: North
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater, Washer, Refrigerator, Range, Dryer
  • LaundryFeatures: Electric Dryer Hookup
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 2613.6
  • Zoning Description: Zoning

Tax Info

  • Tax Carrier Route: 1519
  • Tax Annual Amount: 1353.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Mar 18, 2021
Sold by
Datli Lawrence
Bought by
Mack Melissa
Seller's Agent
Cara Alspaugh
Trubrook, LLC
Buyer's Agent
Kristen Wright
EXIT Realty Home Partners
List Price
$52,500
Sold Price
$47,500
Premium/Discount to List
-$5,000
-9.52%
Current Estimated Value
$81,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,214
Avg. Annual Appreciation
12.66%
Original Mortgage
$37,500
Outstanding Balance
$33,633
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$48,081

Purchase Details

Listed on
Mar 2, 2018
Closed on
Jul 12, 2018
Sold by
Lim Yung Bong
Bought by
Dalli Lawrence
Seller's Agent
Nisha Stoken
The Gateway Group @ Keller Williams
Buyer's Agent
Nicholas Popoff
Trubrook, LLC
List Price
$45,000
Sold Price
$36,500
Premium/Discount to List
-$8,500
-18.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$29,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2015
Sold by
Rdg Fund 5 Llc
Bought by
Rdg Fund 5 Lth Llc

Purchase Details

Closed on
Jun 11, 2014
Sold by
Usa Rental Fund Llc
Bought by
Rdg Fund 5 Llc

Purchase Details

Closed on
Mar 4, 2010
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 25, 2010
Sold by
Powers Julia
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Oct 7, 2005
Sold by
Powers Investment Llc
Bought by
Powers Julia

Purchase Details

Closed on
Jan 14, 2005
Sold by
Ketchum Janet A
Bought by
Powers Investments Llc

Purchase Details

Closed on
Jan 23, 2004
Sold by
Ketchum Jerry L
Bought by
Ketchum Janet A

Purchase Details

Closed on
Sep 21, 1999
Sold by
Hinkle George M
Bought by
Ketchum Jerry K and Ketchum Janet A
Source: Public Records

Range of Values:

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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
Mack Melissa $47,500 Liberty Title
Dalli Lawrence $36,500 Ata Natl Title Group Llc
Rdg Fund 5 Lth Llc -- Parks Title
Rdg Fund 5 Llc $50,000 Bell Title Co
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $45,598 None Available
Powers Julia -- None Available
Powers Investments Llc $28,000 Mid
Ketchum Janet A -- --
Ketchum Jerry K $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mack Melissa $37,500
Previous Owner Dalli Lawrence $29,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $47,500 -5.9% $30 / Sq Ft
12/12/2020 12/12/20 Price Changed $50,500 -3.8% $32 / Sq Ft
11/05/2020 11/05/20 For Sale $52,500 +43.8% $34 / Sq Ft
07/12/2018 07/12/18 Sold $36,500 -8.5% $35 / Sq Ft
03/28/2018 03/28/18 Price Changed $39,900 -11.3% $38 / Sq Ft
02/27/2018 02/27/18 For Sale $45,000 -- $43 / 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 $2,643 $44,900 $2,000 $42,900
2024 $22 $34,200 $2,000 $32,200
2023 $2,366 $28,800 $2,000 $26,800
2022 $2,652 $26,800 $1,700 $25,100
2021 $1,698 $23,800 $1,700 $22,100
2020 $1,686 $21,900 $1,700 $20,200
2019 $1,610 $19,900 $1,700 $18,200
2018 $1,421 $18,000 $1,700 $16,300
2017 $1,367 $18,000 $1,700 $16,300
2016 $1,683 $17,700 $1,700 $16,000
2015 $1,683 $17,200 $3,301 $13,899
2014 $1,683 $17,500 $2,539 $14,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 251199

Greater Lansing Association of Realtors®

APN: 01-01-21-460-055