NOT LISTED FOR SALE

304 Droste Cir East Lansing, MI 48823

Estimated Value: $266,000 - $302,000

3 Beds
2.5 Baths
1,540 Sq Ft
$183/Sq Ft Est. Value

Last Sold January 03, 2014

Last sale price $105,900 $69 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $1,560/month

72 Days on Market

Highlights

  • Ranch Style House
  • 3 Fireplaces
  • 1 Car Attached Garage
  • Marble Elementary School Rated A-
  • Covered patio or porch
  • Living Room

About This Home

As of January 2014

Ranch in awesome location! 3 bedrooms, 2.5 baths on cul-de-sac. mature shade, fireplaces up & downstairs. Attached garage. This is a Fannie Mae HomePath property. All offers must state whether buyer is an owner occupant or investor. If owner occupant please have them sign the Owner Occupant Certification (see attachments). All investor sales will have a 3 month deed restriction, they will not be allowed to sell or refinance for 3 months for over 20% more than purchase price. All properties to be listed in MLS for 3 days prior to any offers being responded to for owner occupants, 15 days for investors. Seller will not pay any transfer taxes. Seller will pay for Owners Title Policy if buyer agrees to use sellers title company.

Last Agent to Sell the Property

Karla Russell

RE/MAX Real Estate Professionals Dewitt Listed on: 09/30/2013

Last Buyer's Agent

James Noble

RE/MAX Real Estate Professionals License #6502381345

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 92x117

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 1,540 Sq Ft Home
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered patio or porch

Utilities

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

Community Details

  • Cahill Garden Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 12
  • Levels: One
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1958
  • Lot Size Acres: 0.25
  • Lot Size: 92x117
  • Subdivision Name: Cahill Garden
  • Above Grade Finished Sq Ft: 1540.0
  • Architectural Style: Ranch
  • Living Area: 1540.0
  • General Property Info:Lot Size Dimensions: 92x117
  • General Property Info:Above Grade Finished Area: 1540.0
  • General Property Info:Total Livable Area: 1540.0
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Full Baths B: 1
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Exterior:Aluminum Siding: Yes
  • Location Legal Info:Real Estate Owned: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • General Property Info:ECO Friendly Features: No
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • General Property Info:Building Area Total SqFt: 2860.0
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Primary Bathroom
  • Total Bedrooms: 3
  • Room: 7
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Full Basement: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:None3: Yes

Exterior Features

  • Patio And Porch Features: Covered, Patio
  • Home Warranty: No
  • Construction Type: Brick, Aluminum Siding
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Patio: Yes

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Attached: Yes

Utilities

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

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2013
Closed on
Jan 3, 2014
Sold by
Federal National Mortgage Association
Bought by
Johnson Audrey and Ohlrogge Aaron
Seller's Agent
Karla Russell
RE/MAX Real Estate Professionals Dewitt
Buyer's Agent
James Noble
RE/MAX Real Estate Professionals
List Price
$119,500
Sold Price
$105,900
Premium/Discount to List
-$13,600
-11.38%
Current Estimated Value
$281,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,687
Avg. Annual Appreciation
8.71%
Original Mortgage
$75,190
Outstanding Balance
$56,037
Interest Rate
3.44%
Mortgage Type
Unknown
Estimated Equity
$221,641

Purchase Details

Closed on
Oct 19, 2012
Sold by
One Bank Bank Fsb
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Oct 4, 2012
Sold by
Dass Sarat and Dass Monomita
Bought by
One West Bank

Purchase Details

Closed on
Sep 30, 2003
Sold by
Whitehair Stanley J and Whitehair Robert C
Bought by
Dass Sarat C and Dasgupta Monomita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 1995
Sold by
Whitehair Margaret M
Bought by
Whitehair Margaret M and Margaret M Whitehair Trust
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
Johnson Audrey $105,900 Attorneys Title Agency Llc
Fannie Mae -- None Available
One West Bank $185,413 None Available
Dass Sarat C $177,500 Midstate Title Co
Whitehair Margaret M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohlrogge Aaron $75,190
Previous Owner Dass Sarat $186,725
Previous Owner Dass Sarat C $11,530
Previous Owner Dass Sarat C $160,000
Previous Owner Dass Sarat C $10,000
Previous Owner Dass Sarat C $142,000
Previous Owner Dass Sarat C $26,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2014 01/03/14 Sold $105,900 -11.4% $69 / Sq Ft
12/11/2013 12/11/13 Pending -- -- --
09/30/2013 09/30/13 For Sale $119,500 -- $78 / 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 $46 $131,100 $30,000 $101,100
2023 $5,138 $118,700 $27,700 $91,000
2022 $4,032 $109,600 $24,100 $85,500
2021 $4,032 $102,400 $22,600 $79,800
2020 $4,785 $96,300 $21,400 $74,900
2019 $4,589 $93,500 $21,800 $71,700
2018 $5,018 $91,000 $18,200 $72,800
2017 $4,817 $85,500 $18,600 $66,900
2016 -- $82,000 $18,000 $64,000
2015 -- $78,500 $35,090 $43,410
2014 -- $72,500 $34,274 $38,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 52632

Greater Lansing Association of Realtors®

APN: 20-02-17-120-014