NOT LISTED FOR SALE

303 N Magnolia Ave Lansing, MI 48912

Foster Neighborhood

Estimated Value: $132,000 - $155,000

3 Beds
2 Baths
1,292 Sq Ft
$110/Sq Ft Est. Value

Last Sold September 14, 2016

Last sale price $48,000 $37 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $786/month

295 Days on Market

Highlights

  • Deck
  • Screened Porch
  • Bungalow
  • Main Floor Primary Bedroom
  • Living Room
  • Forced Air Heating System

About This Home

As of September 2016

Near MSU, Groesbeck and Frandor , this home offers very large kitchen with an informal eating area and dining room , 2 bedroom on main floor , Very open Living room , one large bedroom up. Partially finished basement with a full bath and custom shelves in storage room . Enclosed porch , fenced side yard. 1 Car Detached garage. Renewed certification as rental city of Lansing.

Last Agent to Sell the Property

John DeMarco

Keller Williams Realty Lansing License #6501212073 Listed on: 09/10/2015

Keller Williams Realty Lansing

Last Buyer's Agent

Bob Garchow

Real Estate One 1st

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 36x125
  • Fenced

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Screened Porch
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 14
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1923
  • Lot Size Acres: 0.1
  • Lot Size: 36X125
  • Above Grade Finished Sq Ft: 1052.0
  • Architectural Style: Bungalow
  • Living Area: 1292.0
  • General Property Info:Lot Size Dimensions: 36X125
  • General Property Info:Above Grade Finished Area: 1052.0
  • General Property Info:Total Livable Area: 1292.0
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Full Baths B: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Fencing:Fenced: Yes
  • Architectural Style:Bungalow: Yes
  • General Property Info:Building Area Total SqFt: 2104.0
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Pantry
  • Total Bedrooms: 3
  • Room: 9
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Other Level: Second
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 240.0
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Interior Features:Pantry: Yes
  • Basement:Partially Finished: Yes
  • Appliances:None3: Yes

Exterior Features

  • Fencing: Fenced
  • Patio And Porch Features: Deck, Screened
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Screened: 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
  • Utilities: Cable Available
  • 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: 4356.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1727.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2021
Sold by
Spitz Joel A and Spitz Joel
Bought by
Revision Homes Llc
Current Estimated Value
$141,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$293,512
Interest Rate
2.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$168,179

Purchase Details

Listed on
Sep 10, 2015
Closed on
Sep 13, 2016
Sold by
Lefeve Jennifer L and Massie Jennifer L
Bought by
Spitz Joel
Seller's Agent
John DeMarco
Keller Williams Realty Lansing
Buyer's Agent
Bob Garchow
Real Estate One 1st
List Price
$56,900
Sold Price
$48,000
Premium/Discount to List
-$8,900
-15.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.40%
Original Mortgage
$33,600
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2015
Closed on
Sep 12, 2016
Sold by
Lefeve Debra R and Lefeve Jennifer L
Bought by
Lefeve Jennifer L and Massie Jennifer L
Seller's Agent
John DeMarco
Keller Williams Realty Lansing
Buyer's Agent
Bob Garchow
Real Estate One 1st
List Price
$56,900
Sold Price
$48,000
Premium/Discount to List
-$8,900
-15.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2004
Sold by
Lafeve Patrick F
Bought by
Lafeve Debra R and Lafeve Jennifer A

Purchase Details

Closed on
Jul 27, 1999
Sold by
Bongard Dennis R and Bongard Marlene
Bought by
Lafeve Jennifer and Lafeve Patrick F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,452
Interest Rate
7.61%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 1999
Sold by
Doll Amy Melissa
Bought by
Bongard Marlene K and Bongard Dennis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,452
Interest Rate
7.61%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 1, 1994
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
Revision Homes Llc -- Diversified National Title
Spitz Joel $48,000 None Available
Lefeve Jennifer L -- None Available
Lafeve Debra R -- --
Lafeve Jennifer $61,500 Metropolitan Title Company
Bongard Marlene K -- First American Title Ins Co
-- $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revision Homes Llc $325,000
Previous Owner Spitz Joel $33,600
Previous Owner Lafeve Jennifer L $65,000
Previous Owner Lafeve Jennifer $61,452
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2016 09/14/16 Sold $48,000 -15.6% $37 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $56,900 0.0% $44 / Sq Ft
04/30/2016 04/30/16 Pending -- -- --
04/29/2016 04/29/16 Price Changed $56,900 -3.4% $44 / Sq Ft
01/04/2016 01/04/16 Price Changed $58,900 -1.7% $46 / Sq Ft
11/10/2015 11/10/15 Price Changed $59,900 -7.7% $46 / Sq Ft
09/10/2015 09/10/15 For Sale $64,900 -- $50 / 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
2024 $31 $54,900 $6,400 $48,500
2023 $3,472 $50,400 $6,400 $44,000
2022 $3,168 $47,300 $5,300 $42,000
2021 $3,094 $43,900 $5,300 $38,600
2020 $3,073 $41,500 $5,300 $36,200
2019 $2,971 $39,800 $5,300 $34,500
2018 $2,815 $35,900 $5,300 $30,600
2017 $2,714 $35,900 $5,300 $30,600
2016 $1,747 $32,600 $5,300 $27,300
2015 $1,747 $31,200 $10,590 $20,610
2014 $1,747 $30,700 $7,413 $23,287
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    John DeMarco

    Keller Williams Realty Lansing

    Section Image

  • B

    Buyer's Agent in 2016

    Bob Garchow

    Real Estate One 1st

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 74925

Greater Lansing Association of Realtors®

APN: 01-01-14-108-211

Michigan Ingham County Lansing 48912 Foster

303 N Magnolia Ave, Lansing, MI

This home is located at 303 N Magnolia Ave, Lansing, MI 48912 since 10 September 2015 and is currently estimated at $142,000, approximately $109 per square foot. This property was built in 1923. 303 N Magnolia Ave is a home located in Ingham County with nearby schools including Pattengill Academy, Riddle Elementary School, and Eastern Lansing High School.

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