Seller's Agent in 2021
James Fordell
Musselman Realty Company
(517) 749-6501
1 in this area
49 Total Sales
313 Rumsey Ave Lansing, MI 48912
Eastfield NeighborhoodEstimated Value: $153,809 - $174,000
--
Bed
1
Bath
1,526
Sq Ft
$107/Sq Ft
Est. Value
Highlights
- 0.17 Acre Lot
- Covered Patio or Porch
- Heating System Uses Natural Gas
- Wood Flooring
- High Speed Internet
About This Home
As of July 2021If you are looking for a 3 unit rental property this could be the perfect one. It's in a fantastic location for Sparrow workers, MSU employees, undergrads or grad students, Cooley Students, etc. Lots of parking. Covered front porch.
Last Agent to Sell the Property
Musselman Realty Company License #6501287269 Listed on: 05/22/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1908
Lot Details
- 7,401 Sq Ft Lot
- Lot Dimensions are 44x163.5
Home Design
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,526 Sq Ft Home
- 2-Story Property
- Michigan Basement
- Fire and Smoke Detector
Flooring
- Wood
- Vinyl
Parking
- 3 Parking Spaces
- No Garage
- Gravel Driveway
Utilities
- No Cooling
- Heating System Uses Natural Gas
- High Speed Internet
- Cable TV Available
Additional Features
- Covered Patio or Porch
- City Lot
Community Details
- 3 Units
- Rumsey Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2021
Closed on
Jul 19, 2021
Sold by
Tall Cotton Llc
Bought by
Lie Michael
Seller's Agent
James Fordell
Musselman Realty Company
Buyer's Agent
Jason VanSickle
RE/MAX Real Estate Professionals
List Price
$144,900
Sold Price
$128,000
Premium/Discount to List
-$16,900
-11.66%
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
$31,211
Avg. Annual Appreciation
5.59%
Original Mortgage
$96,000
Outstanding Balance
$87,980
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$71,480
Purchase Details
Listed on
Oct 15, 2012
Closed on
Mar 8, 2013
Sold by
Frese Paul and Frese Jackie
Bought by
Tall Cotton Llc
Seller's Agent
Susan Sasse
Coldwell Banker Professionals-Delta
Buyer's Agent
Velma Gauna
Berkshire Hathaway HomeServices
List Price
$49,900
Sold Price
$46,000
Premium/Discount to List
-$3,900
-7.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lie Michael | $128,000 | Liberty Title | |
| Tall Cotton Llc | $46,000 | Tri County Title Agency Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lie Michael | $96,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2021 07/30/21 | Sold | $128,000 | -11.7% | $84 / Sq Ft |
| 05/22/2021 05/22/21 | For Sale | $144,900 | 0.0% | $95 / Sq Ft |
| 05/22/2021 05/22/21 | Price Changed | $144,900 | +13.2% | $95 / Sq Ft |
| 04/23/2021 04/23/21 | Off Market | $128,000 | -- | -- |
| 04/08/2021 04/08/21 | For Sale | $139,900 | +204.1% | $92 / Sq Ft |
| 03/08/2013 03/08/13 | Sold | $46,000 | -7.8% | $30 / Sq Ft |
| 02/13/2013 02/13/13 | Pending | -- | -- | -- |
| 10/15/2012 10/15/12 | For Sale | $49,900 | -- | $33 / 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 | $44 | $66,400 | $8,800 | $57,600 |
| 2023 | $5,106 | $60,800 | $8,800 | $52,000 |
| 2022 | $4,671 | $56,600 | $7,500 | $49,100 |
| 2021 | $3,297 | $51,900 | $6,300 | $45,600 |
| 2020 | $3,347 | $48,600 | $6,300 | $42,300 |
| 2019 | $3,151 | $44,700 | $6,300 | $38,400 |
| 2018 | $2,997 | $40,400 | $6,300 | $34,100 |
| 2017 | $2,880 | $40,400 | $6,300 | $34,100 |
| 2016 | $2,831 | $36,600 | $6,300 | $30,300 |
| 2015 | $2,831 | $35,100 | $12,580 | $22,520 |
| 2014 | $2,831 | $34,500 | $11,574 | $22,926 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Jason VanSickle
RE/MAX Michigan
(517) 749-8805
2 in this area
127 Total Sales
-
S
Seller's Agent in 2013
Susan Sasse
Coldwell Banker Professionals-Delta
-
V
Buyer's Agent in 2013
Velma Gauna
Berkshire Hathaway HomeServices
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 254329
APN: 01-01-15-253-251
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Copyright © 2025 Greater Lansing Association of REALTORS®
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