Seller's Agent in 2017
Laura Olson
Keller Williams Realty Lansing
(517) 853-6432
2 in this area
106 Total Sales
309 S Magnolia Ave Lansing, MI 48912
Fairview Area NeighborhoodEstimated Value: $103,000 - $129,000
3
Beds
2
Baths
990
Sq Ft
$112/Sq Ft
Est. Value
Highlights
- Main Floor Primary Bedroom
- Living Room
- Forced Air Heating System
- Covered patio or porch
- Bungalow
- 3-minute walk to Foster Park
About This Home
As of April 2017HUD Home. www.sageacq.com for more information on Lead-Based paint and Radon Gas and Mold Notices, Electronic Bidding, and Earnest Money procedures. All properties sold ''As-Is'' without any guarantee or warranty by seller. FHA #263-486396 Insurability-IE Craftsman Style Three bedroom home, one on the main and two upstairs. Close to all amenities! Call today for more information!
Home Details
Home Type
- Single Family
Year Built
- Built in 1918
Lot Details
- 4,182 Sq Ft Lot
- Lot Dimensions are 33 x 127
Parking
- No Garage
Home Design
- Bungalow
- Shingle Roof
- Shingle Siding
Interior Spaces
- 990 Sq Ft Home
- 2-Story Property
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Outdoor Features
- Covered patio or porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Listing and Financial Details
- REO, home is currently bank or lender owned
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2017
Closed on
Apr 21, 2017
Sold by
Secretary Of Housing And Urban Developme
Bought by
The Federal Housing Commissioner
Seller's Agent
Laura Olson
Keller Williams Realty Lansing
Buyer's Agent
Farrin Forsberg
Bellabay Realty, LLC
List Price
$14,000
Sold Price
$16,550
Premium/Discount to List
$2,550
18.21%
Total Days on Market
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,570
Avg. Annual Appreciation
26.72%
Purchase Details
Closed on
Aug 29, 2014
Sold by
Planet Home Lending Llc
Bought by
Secretary Of Hud Of Washington D C
Purchase Details
Closed on
Jul 31, 2014
Sold by
Brown Michael N
Bought by
Planet Home Lending Llc
Purchase Details
Closed on
Apr 8, 2004
Sold by
Wells Engstrom Properties Inc
Bought by
Brown Michael N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
8.41%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 1, 1997
Bought by
Brown Michael N
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Federal Housing Commissioner | -- | None Available | |
| Secretary Of Hud Of Washington D C | -- | None Available | |
| Planet Home Lending Llc | $57,546 | None Available | |
| Brown Michael N | $35,200 | Titlequest | |
| Wells Engstrom Properties Inc | -- | Titlequest | |
| Brown Michael N | $35,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Brown Michael N | $58,602 | |
| Previous Owner | Brown Michael N | $60,688 | |
| Previous Owner | Brown Michael N | $60,088 | |
| Previous Owner | Brown Michael N | $52,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2017 04/25/17 | Sold | $16,550 | +18.2% | $17 / Sq Ft |
| 04/05/2017 04/05/17 | Pending | -- | -- | -- |
| 03/28/2017 03/28/17 | For Sale | $14,000 | -- | $14 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $23 | $45,000 | $3,400 | $41,600 |
| 2023 | $2,593 | $39,600 | $3,400 | $36,200 |
| 2022 | $2,368 | $34,600 | $2,700 | $31,900 |
| 2021 | $2,313 | $34,700 | $3,300 | $31,400 |
| 2020 | $2,297 | $32,100 | $3,300 | $28,800 |
| 2019 | $2,211 | $28,600 | $3,300 | $25,300 |
| 2018 | $1,611 | $26,200 | $3,300 | $22,900 |
| 2017 | $1,524 | $26,200 | $3,300 | $22,900 |
| 2016 | $1,392 | $25,800 | $3,300 | $22,500 |
| 2015 | $1,392 | $24,600 | $6,620 | $17,980 |
| 2014 | $1,392 | $24,100 | $6,620 | $17,480 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Olson
-
Farrin Forsberg
Buyer's Agent in 2017
Farrin Forsberg
Bellabay Realty, LLC
(517) 719-1658
3 in this area
58 Total Sales
Map
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Source: Greater Lansing Association of Realtors®
MLS Number: 214293
APN: 01-01-14-309-021
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