NOT LISTED FOR SALE

Estimated Value: $73,000 - $114,000

1 Bed
1 Bath
746 Sq Ft
$133/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $20,900 $28 Per Sq Ft

Est. 375% increase in value since last sale

Current estimated payment $699/month

9 Days on Market

Highlights

  • 0.34 Acre Lot
  • Ranch Style House
  • Covered patio or porch
  • Deck
  • Main Floor Primary Bedroom
  • Living Room

About This Home

As of March 2013

CUTE STARTER HOME! ONE BEDROOM, ONE BATH, RANCH, 2 CAR GARAGE, FENCED IN BACK YARD, AND AN INCREDIBLE PRICE TOO! LOCATED ON THE NORTH SIDE OF THE CITY OF LANSING, CLOSE TO SCHOOLS, SHOPPING, CITY BUS SYSTEM AND THE CAPITOL CITY AIRPORT. THE SELLER HAS DIRECTED THAT ALL FANNIE MAE OFFERS BE MADE USING THE HOMEPATH ONLINE OFFER SYSTEMS ON THE HOMEPATH WEBSITE. PLEASE NOTE THAT ALL FANNIE MAE OFFERS WILL BE SUBMITTED, BUT ONLY OFFERS FROM OWNER OCCUPANTS OR PUBLIC ENTITIES AND THEIR DESIGNATED PARTNERS WILL BE CONSIDERED FOR THE FIRST 15 DAYS OF THE LISTING. ALL OWNER OCCUPANTS MUST SIGN THE ATTACHED OWNER OCCUPANT CERTIFICATE WHICH MUST ACCOMPANY ANY OFFER BEING SUBMITTED ON THIS PROPERTY. (SEE ATTACHMENTS ON THE MLS). PLEASE NOTE BUYERS WILL BE CHARGED THE STATE TRANSFER TAX AND IF THIS IS A CASH TRANSACTION, BUYERS WILL BE PAYING A CLOSING FEE UP TO $500 TO THE TITLE COMPANY. PURCHASE THIS PROPERTY FOR AS LITTLE AS 3% DOWN! THIS PROPERTY IS APPROVED FOR HOMEPATH RENOVATION MORTGAGE FINANCING.

Last Agent to Sell the Property

Chris Dean

Gateway to Homes License #6506043716 Listed on: 01/28/2013

Last Buyer's Agent

Joan Spagnuolo

Oasis Realty License #6501327850

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1840

Lot Details

  • 0.34 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 746 Sq Ft Home
  • Living Room
  • Dining Room
  • Michigan Basement

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • 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 1840

Lot Details

0

Parking

2

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: 2.0
  • Year Built: 1840
  • Lot Size Acres: 0.34
  • Lot Size: 50X299 .34AC
  • Above Grade Finished Sq Ft: 746.0
  • Architectural Style: Ranch
  • Living Area: 746.0
  • General Property Info:Lot Size Dimensions: 50X299 .34AC
  • General Property Info:Above Grade Finished Area: 746.0
  • General Property Info:Total Livable Area: 746.0
  • Baths:_pound_Full 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
  • Special Listing Cond:Real Estate Owned2: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1343.0
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Michigan
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 1
  • Room: 5
  • Property Type: Residential
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Basement:Michigan: Yes
  • Appliances:None3: Yes

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • Appliances: None, Gas Water Heater
  • 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: 14810.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1366.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2013
Closed on
Mar 15, 2013
Sold by
Fannie Mae
Bought by
Beasley Michael
Seller's Agent
Chris Dean
Gateway to Homes
Buyer's Agent
Joan Spagnuolo
Oasis Realty
List Price
$20,900
Sold Price
$20,900
Current Estimated Value
$99,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,283
Avg. Annual Appreciation
13.60%
Original Mortgage
$19,855
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2012
Sold by
Hicks Shannon K and Kemp Shannon
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 30, 2007
Sold by
Mizger Suzanne K
Bought by
Hicks Shannon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,305
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2007
Sold by
Handley Marlene D
Bought by
Mizger Suzanne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,305
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2004
Sold by
Handley Marlene D and Handley Charles S
Bought by
Handley Marlene D and Mizger Suzanne K

Purchase Details

Closed on
Oct 29, 1999
Sold by
Riebow L V and Riebow Viola
Bought by
The L V & Viola Riebow Revocable Living
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
Beasley Michael $20,900 None Available
Federal National Mortgage Association $68,305 None Available
Hicks Shannon K $71,900 None Available
Mizger Suzanne K -- None Available
Handley Marlene D -- --
The L V & Viola Riebow Revocable Living -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beasley Michael $50,000
Closed Beasley Michael $19,855
Previous Owner Hicks Shannon K $68,305
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2013 03/15/13 Sold $20,900 0.0% $28 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $20,900 -- $28 / 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 $1,784 $44,300 $8,200 $36,100
2023 $1,784 $40,500 $8,200 $32,300
2022 $1,612 $39,400 $11,000 $28,400
2021 $1,578 $34,000 $7,200 $26,800
2020 $1,568 $32,200 $7,200 $25,000
2019 $1,501 $30,300 $7,200 $23,100
2018 $1,409 $25,300 $7,200 $18,100
2017 $1,348 $25,300 $7,200 $18,100
2016 $1,290 $24,000 $7,200 $16,800
2015 $1,290 $22,600 $14,372 $8,228
2014 $1,290 $22,200 $15,289 $6,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 44191

Greater Lansing Association of Realtors®

APN: 01-01-04-251-091