NOT LISTED FOR SALE

320 Farmstead Ln Lansing, MI 48917

Estimated Value: $268,000 - $327,000

4 Beds
2 Baths
2,336 Sq Ft
$124/Sq Ft Est. Value

Last Sold October 18, 2012

Last sale price $125,000 $54 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $1,807/month

151 Days on Market

Highlights

  • Sun or Florida Room
  • 2 Car Attached Garage
  • Living Room
  • Covered Patio or Porch
  • Humidifier
  • Entrance Foyer

About This Home

As of October 2012

This home is located at 320 Farmstead Ln, Lansing, MI 48917 since 03 May 2012 and is currently estimated at $289,691, approximately $124 per square foot. This property was built in 1970. 320 Farmstead Ln is a home located in Eaton County with nearby schools including Waverly Senior High School, Greater Lansing Adventist School, and New Covenant Christian School.

Last Agent to Sell the Property

Jay Ford

Coldwell Banker Professionals-Delta License #6501179626 Listed on: 05/03/2012

Coldwell Banker Professionals-Delta

Last Buyer's Agent

Nancy Kelly

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 80x130
  • Fenced

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Homestead Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,800

Year Built

Built in 1970

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: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1970
  • Lot Size: 80X130
  • Subdivision Name: Homestead
  • Above Grade Finished Sq Ft: 1816.0
  • Living Area: 2336.0
  • General Property Info:Lot Size Dimensions: 80X130
  • General Property Info:Above Grade Finished Area: 1816.0
  • General Property Info:Total Livable Area: 2336.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Laundry Features:Main Level: Yes
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Shed(s): Yes
  • Cooling:Central Air: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Exterior:Brick: Yes
  • Improvements:Three Seasons Room: Yes
  • Fencing:Fenced: Yes
  • General Property Info:Building Area Total SqFt: 2288.0
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer
  • Total Bedrooms: 4
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Other Level: Second
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 520.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Basement:Partially Finished: Yes
  • Appliances:Humidifier: Yes
  • Interior Features:Entrance Foyer: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Fencing: Fenced
  • OtherStructures: Shed(s)
  • Patio And Porch Features: Covered, Porch
  • Home Warranty: No
  • Construction Type: Brick, Aluminum Siding, Vinyl Siding
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Attached, Garage Door Opener
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Refrigerator, Range, Oven, Humidifier, Dishwasher
  • Cooling: Central Air
  • LaundryFeatures: Main Level
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Waverly

Tax Info

  • Tax Annual Amount: 2800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2012
Closed on
Oct 18, 2012
Sold by
Valk Charles H and Valk Donna May
Bought by
Banks Alexander L and Banks Eduvigen
Seller's Agent
Jay Ford
Coldwell Banker Professionals-Delta
Buyer's Agent
Nancy Kelly
Berkshire Hathaway HomeServices
List Price
$139,900
Sold Price
$125,000
Premium/Discount to List
-$14,900
-10.65%
Current Estimated Value
$288,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,667
Avg. Annual Appreciation
6.53%
Original Mortgage
$122,735
Outstanding Balance
$85,429
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$204,262
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Banks Alexander L $125,000 Tri County
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Alexander L $122,735
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2012 10/18/12 Sold $125,000 -10.7% $54 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $139,900 -- $60 / Sq Ft
Source: Greater Lansing Association of Realtors®

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 $3,679 $124,900 $0 $0
2024 $2,075 $107,400 $0 $0
2023 $1,995 $94,600 $0 $0
2022 $3,210 $89,700 $0 $0
2021 $3,109 $85,600 $0 $0
2020 $3,188 $81,100 $0 $0
2019 $3,164 $77,929 $0 $0
2018 $3,106 $72,600 $0 $0
2017 $3,022 $70,800 $0 $0
2016 -- $68,800 $0 $0
2015 -- $65,700 $0 $0
2014 -- $63,000 $0 $0
2013 -- $62,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 36801

Greater Lansing Association of Realtors®

APN: 040-055-501-310-00