321 N Pennsylvania Ave Lansing, MI 48912
The Stadium District Neighborhood
3
Beds
1.5
Baths
1,056
Sq Ft
6,098
Sq Ft Lot
Highlights
- Colonial Architecture
- Living Room
- Dining Room
- Main Floor Primary Bedroom
- Central Heating
- Carpet
About This Home
As of June 2025Great starter home or investment property! The property features numerous recent updates. New flooring throughout, paint, updated kitchen and baths! Well located between multi-million-dollar expansions of UM Sparrow Hospital and Neogen. Recent reduction in price reflects potential need for electric panel upgrade. Seller has never lived in the property. Property sold ''as is''.
Last Agent to Sell the Property
Apex Appraisal Company LLC License #1205069793 Listed on: 05/12/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,481
Year Built
- Built in 1880
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 49.5x123.75
- Back Yard Fenced
- Property is zoned Multi-Family
Home Design
- Colonial Architecture
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- 1,056 Sq Ft Home
- 2-Story Property
- Living Room
- Dining Room
- Laundry on main level
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Basement
- Michigan Basement
- Partial Basement
- Crawl Space
Parking
- No Garage
- Driveway
- Off-Street Parking
Location
- City Lot
Utilities
- No Cooling
- Central Heating
- Heating System Uses Natural Gas
- Gas Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2021
Closed on
Jul 13, 2021
Sold by
Eq Holdings Llc
Bought by
Stearns Justin Riley
Seller's Agent
Benjamin Parker
Apex Appraisal Company LLC
Buyer's Agent
Virginia Stokes
Berkshire Hathaway HomeServices
List Price
$52,900
Sold Price
$58,000
Premium/Discount to List
$5,100
9.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.25%
Purchase Details
Closed on
Mar 25, 2021
Sold by
North Walnut 02 1 Ltd Dividend Hsng Assn
Bought by
Eq Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,060
Outstanding Balance
$667,173
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$560,287
Purchase Details
Closed on
Oct 30, 2001
Sold by
Samco Land Co
Bought by
Ferris Ltd Dividend Housing Assn Ltd Par
Similar Homes in Lansing, MI
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Land Contract | -- | None Available | |
| Deed | $798,000 | None Available | |
| Warranty Deed | $49,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $82,800 | New Conventional | |
| Open | $738,060 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $70,000 | Stand Alone Second | |
| Previous Owner | $490,000 | Unknown | |
| Closed | $0 | Land Contract Argmt. Of Sale |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2025 06/16/25 | Sold | $103,500 | -4.1% | $98 / Sq Ft |
| 05/14/2025 05/14/25 | Pending | -- | -- | -- |
| 05/12/2025 05/12/25 | Price Changed | $107,900 | -0.9% | $102 / Sq Ft |
| 04/16/2025 04/16/25 | Price Changed | $108,900 | -0.9% | $103 / Sq Ft |
| 04/08/2025 04/08/25 | Price Changed | $109,900 | -2.7% | $104 / Sq Ft |
| 04/08/2025 04/08/25 | Price Changed | $112,900 | -1.7% | $107 / Sq Ft |
| 02/18/2025 02/18/25 | For Sale | $114,900 | +98.1% | $109 / Sq Ft |
| 07/13/2021 07/13/21 | Sold | $58,000 | +9.6% | $55 / Sq Ft |
| 04/26/2021 04/26/21 | For Sale | $52,900 | -- | $50 / 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 | $15 | $34,800 | $4,600 | $30,200 |
| 2023 | $1,799 | $29,900 | $4,600 | $25,300 |
| 2022 | $373 | $25,700 | $3,400 | $22,300 |
| 2021 | $117 | $0 | $0 | $0 |
| 2020 | $115 | $0 | $0 | $0 |
| 2019 | $0 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
| 2016 | $95 | $0 | $0 | $0 |
| 2015 | $95 | $8,693 | $8,693 | $0 |
| 2014 | $95 | $8,693 | $8,693 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2025
Benjamin Parker
Apex Appraisal Company LLC
-
V
Buyer's Agent in 2021
Virginia Stokes
Berkshire Hathaway HomeServices
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 286262
APN: 01-01-15-152-191
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Copyright © 2025 Greater Lansing Association of REALTORS®
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