$32,200
SOLD JUL 27, 2016

316 W Madison St Lansing, MI 48906

Old Forest Neighborhood
3 Beds
1 Bath
2,730 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$12 Per Sq Ft

3% Above List Price

Highlights

  • Living Room
  • Dining Room
  • 3-minute walk to Durant Park

About This Home

As of February 2018

Employees and family members residing with employees of JPMorgan Chase Bank, N.A., its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A. All offers through www.SPSREO.com Please send all showing requests through standard email.

Last Agent to Sell the Property

Mike Parsley

Coldwell Banker Professionals-Delta License #6502116336 Listed on: 06/21/2016

Last Buyer's Agent

Darcel Bulock

Berkshire Hathaway HomeServices License #6501390547

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1919

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 42.5x132

Parking

  • 2 Car Garage
  • Dirt Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Heating

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 14
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1919
  • Lot Size Acres: 0.13
  • Lot Size: 42.5X132
  • Above Grade Finished Sq Ft: 1820.0
  • Living Area: 2730.0
  • General Property Info:Lot Size Dimensions: 42.5X132
  • General Property Info:Above Grade Finished Area: 1820.0
  • General Property Info:Total Livable Area: 2730.0
  • Baths:_pound_Full Baths 2: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Levels:Two2: Yes
  • Location Legal Info:Real Estate Owned: Yes
  • Sewer:Public Sewer: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Parking Features:Dirt3: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • General Property Info:Building Area Total SqFt: 2730.0
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Full
  • Total Bedrooms: 3
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Full Bathrooms: 1
  • Below Grade Sq Ft: 910.0
  • Full Basement: Yes
  • Appliances:None3: Yes

Exterior Features

  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Dirt
  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • Appliances: None
  • Water Source: Public
  • Heating:None2: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3994.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2024
Sold by
Silva Yissel
Bought by
Silva Yissel and Tompkins Ernest
Current Estimated Value
$156,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,432
Outstanding Balance
$139,343
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$17,196

Purchase Details

Listed on
Dec 20, 2017
Closed on
Feb 5, 2018
Sold by
Capital Area Housing Partnership
Bought by
Silva Tissel
Seller's Agent
Birchen Dutcher
Berkshire Hathaway HomeServices
Buyer's Agent
Rochelle Ridgell
RE/MAX Real Estate Professionals
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$83,460
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 21, 2016
Closed on
Jul 4, 2016
Sold by
Deutsche Bank National Trust Company
Bought by
Capital Area Housing Partnership
Seller's Agent
Mike Parsley
Coldwell Banker Professionals-Delta
Buyer's Agent
Darcel Bulock
Berkshire Hathaway HomeServices
List Price
$31,200
Sold Price
$32,200
Premium/Discount to List
$1,000
3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.60%

Purchase Details

Closed on
Jan 8, 2015
Sold by
Getzmiller Michael and Getzmiller Mary
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jan 9, 2004
Sold by
National City Bank
Bought by
Gatzmiller Michael and Gatzmiller Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,425
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 1979
Sold by
Fratcher Charles W
Bought by
Fratcher Charles W -Trust No 1
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $85,000 Climaire Title Services
Deed $32,200 None Available
Sheriffs Deed $47,205 None Available
Fiduciary Deed $109,900 Midstate
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $141,432 FHA
Previous Owner $83,460 FHA
Previous Owner $82,425 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2018 02/05/18 Sold $85,000 0.0% $47 / Sq Ft
01/09/2018 01/09/18 Pending -- -- --
12/20/2017 12/20/17 For Sale $85,000 +164.0% $47 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
07/27/2016 07/27/16 Sold $32,200 +3.2% $12 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $31,200 -- $11 / 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 $3,138 $75,300 $3,800 $71,500
2024 $25 $68,400 $3,800 $64,600
2023 $2,942 $55,300 $3,800 $51,500
2022 $2,652 $49,600 $4,300 $45,300
2021 $2,597 $45,500 $6,700 $38,800
2020 $2,581 $42,200 $6,700 $35,500
2019 $2,456 $40,500 $6,700 $33,800
2018 $2,213 $36,000 $6,700 $29,300
2017 $2,722 $36,000 $6,700 $29,300
2016 $3,994 $35,400 $6,700 $28,700
2015 $3,994 $34,300 $13,305 $20,995
2014 $3,994 $32,600 $15,750 $16,850
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Birchen Dutcher

    Berkshire Hathaway HomeServices

  • K

    Seller Co-Listing Agent in 2018

    Kathy Birchen

    Berkshire Hathaway HomeServices

    Section Image
  • Rochelle Ridgell

    Buyer's Agent in 2018

    Rochelle Ridgell

    RE/MAX Michigan

    (517) 490-6231

    1 in this area

    144 Total Sales

    Rochelle Ridgell
    Section Image

  • M

    Seller's Agent in 2016

    Mike Parsley

    Coldwell Banker Professionals-Delta

  • D

    Buyer's Agent in 2016

    Darcel Bulock

    Berkshire Hathaway HomeServices

    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 82292

Greater Lansing Association of Realtors®

APN: 01-01-09-379-101

Michigan Ingham County Lansing 48906 Old Forest

316 W Madison St, Lansing, MI

This home is located at 316 W Madison St, Lansing, MI 48906 and is currently priced at $32,200, approximately $11 per square foot. This property was built in 1919. 316 W Madison St is a home located in Ingham County with nearby schools including Willow School, Pattengill Academy, and J.W. Sexton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lansing Association of Realtors® IDX information is provided exclusively for Consumers'
personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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