NOT LISTED FOR SALE

309 S Magnolia Ave Lansing, MI 48912

Fairview Area Neighborhood

Estimated Value: $98,000 - $134,000

3 Beds
2 Baths
990 Sq Ft
$117/Sq Ft Est. Value

Last Sold April 25, 2017

Last sale price $16,550 $17 Per Sq Ft

Est. 602% increase in value since last sale

Current estimated payment $847/month

8 Days on Market

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 2017

HUD 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!

Last Agent to Sell the Property

Laura Olson

Keller Williams Realty Lansing License #6501313355 Listed on: 03/28/2017

Keller Williams Realty Lansing

Last Buyer's Agent

Farrin Forsberg

Bellabay Realty, LLC

Bellabay Realty, LLC

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

Home Details

Home Type

Single Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 16
  • Levels: One and One Half, Two
  • Year Built: 1918
  • Lot Size Acres: 0.1
  • Lot Size: 33 x 127
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 990.0
  • Architectural Style: Bungalow
  • Living Area: 990.0
  • General Property Info:Lot Size Dimensions: 33 x 127
  • General Property Info:Above Grade Finished Area: 990.0
  • General Property Info:Total Livable Area: 990.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Levels:Two2: Yes
  • Location Legal Info:Real Estate Owned: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Levels:One and One Half: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Shingle Siding: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • Architectural Style:Bungalow: Yes
  • General Property Info:Building Area Total SqFt: 1650.0
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 3
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Full Bathrooms: 2
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Community Features:Curbs: Yes
  • Community Features:Sidewalks: Yes
  • Appliances:None3: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 4181.76
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1972.0

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%
Current Estimated Value
$116,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,593
Avg. Annual Appreciation
25.87%

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
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
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

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 $2,755 $49,900 $3,400 $46,500
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

    Seller's Agent in 2017

    Laura Olson

    Keller Williams Realty Lansing

    (517) 853-6432

    2 in this area

    105 Total Sales

    Laura Olson
    Section Image
  • Farrin Forsberg

    Buyer's Agent in 2017

    Farrin Forsberg

    Bellabay Realty, LLC

    (517) 719-1658

    3 in this area

    73 Total Sales

    Farrin Forsberg
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 214293

Greater Lansing Association of Realtors®

APN: 01-01-14-309-021

Michigan Ingham County Lansing 48912 Fairview Area

309 S Magnolia Ave, Lansing, MI

This home is located at 309 S Magnolia Ave, Lansing, MI 48912 since 28 March 2017 and is currently estimated at $116,143, approximately $117 per square foot. This property was built in 1918. 309 S 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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