NOT LISTED FOR SALE

321 W Fairfield Ave Lansing, MI 48906

Creston Neighborhood

Estimated Value: $63,000 - $96,000

2 Beds
1 Bath
898 Sq Ft
$91/Sq Ft Est. Value

Last Sold April 27, 2015

Last sale price $27,505 $31 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $517/month

73 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • Dining Room
  • Living Room

About This Home

As of April 2015

Cute 2 bedroom, 1 bath ranch located in the city of Lansing. Home has a wonderful kitchen with a pass through to the dining area and a full unfinished basement. Close to shopping, schools, restaurants and the city bus system. This one is not a drive by, you must take a look inside. *This is a Fannie Mae Homepath property. The seller has directed that all Fannie Mae offers be submitted using the online homepath offer system and there is a first look initiative. All owner occupants must submit a signed ''owner occupant certificate'' (attached) with any offer. For all offers subject to a mortgage, a pre approval letter is suggested along with the offer. If this is a cash transaction, Fannie Mae requires 10% earnest money and buyers will pay $500+ for a closing fee. Minimum commission 1000 *

Last Agent to Sell the Property

Chris Dean

Gateway to Homes License #6506043716 Listed on: 01/30/2015

Last Buyer's Agent

Peter MacIntyre

RE/MAX Real Estate Professionals License #6506040989

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 100 x 136

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 898 Sq Ft Home
  • Living Room
  • Dining Room
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Dirt Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Fairfield Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 13
  • Levels: One
  • Year Built: 1927
  • Lot Size Acres: 0.31
  • Lot Size: 100 X 136
  • Subdivision Name: Fairfield
  • Above Grade Finished Sq Ft: 898.0
  • Architectural Style: Ranch
  • Living Area: 898.0
  • General Property Info:Lot Size Dimensions: 100 X 136
  • General Property Info:Above Grade Finished Area: 898.0
  • General Property Info:Total Livable Area: 898.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Location Legal Info:Real Estate Owned: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Parking Features:Dirt3: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1596.0
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Partial
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 2
  • Room: 4
  • Property Type: Residential
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Basement:Partial: Yes
  • Appliances:None3: Yes

Exterior Features

  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Dirt, No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes

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: 13503.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1520.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2015
Closed on
Apr 23, 2015
Sold by
Fannie Mae
Bought by
Vangilder Robert
Seller's Agent
Chris Dean
Gateway to Homes
Buyer's Agent
Peter MacIntyre
RE/MAX Real Estate Professionals
List Price
$29,900
Sold Price
$27,505
Premium/Discount to List
-$2,395
-8.01%
Current Estimated Value
$81,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,483
Avg. Annual Appreciation
10.36%

Purchase Details

Listed on
Jan 30, 2015
Closed on
Apr 16, 2015
Sold by
Independent Bank
Bought by
Fannie Mae and Fedreal Narional Mortgage Assn
Seller's Agent
Chris Dean
Gateway to Homes
Buyer's Agent
Peter MacIntyre
RE/MAX Real Estate Professionals
List Price
$29,900
Sold Price
$27,505
Premium/Discount to List
-$2,395
-8.01%

Purchase Details

Closed on
Dec 17, 2014
Sold by
Keyser Darnelle
Bought by
Independent Bank

Purchase Details

Closed on
Sep 30, 2010
Sold by
Cogswell Jeremy
Bought by
Keyser Dornelle

Purchase Details

Closed on
Mar 30, 2007
Sold by
Olson David and Olson Laura
Bought by
Olson David and Olson Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2007
Sold by
Hud
Bought by
Olson David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2006
Sold by
Washington Mutual Bank
Bought by
Hud

Purchase Details

Closed on
Mar 30, 2006
Sold by
Greathouse Shannon M
Bought by
Washington Mutual Bank

Purchase Details

Closed on
May 11, 2004
Sold by
Taylor David and Taylor Julie
Bought by
Greathouse Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,700
Interest Rate
5.85%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2002
Sold by
Jackson Richard L and Jackson Catherine M
Bought by
Taylor David and Taylor Julie

Purchase Details

Closed on
Oct 27, 1999
Sold by
Robbins Roberta
Bought by
Jackson Richard L and Jackson Catherine
Source: Public Records

Range of Values:

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Average Value
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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
Vangilder Robert $27,505 None Available
Fannie Mae -- None Available
Independent Bank $67,500 None Available
Keyser Dornelle -- None Available
Olson David -- Fatic
Cogswell Jeremy $80,000 Fatic
Olson David $53,650 Fatic
Hud -- None Available
Washington Mutual Bank $89,611 None Available
Greathouse Shannon M $81,000 Mid
Taylor David $8,000 Midstate Title Company
Jackson Richard L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cogswell Jeremy $76,000
Previous Owner Olson David $215,000
Previous Owner Greathouse Shannon M $79,700
Closed Greathouse Shannon M $4,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2015 04/27/15 Sold $27,505 -8.0% $31 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $29,900 -- $33 / 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 $2,557 $41,600 $8,600 $33,000
2024 $27 $35,300 $8,600 $26,700
2023 $2,609 $31,300 $8,600 $22,700
2022 $2,383 $29,700 $9,700 $20,000
2021 $2,346 $30,300 $10,000 $20,300
2020 $2,329 $29,100 $10,000 $19,100
2019 $2,250 $28,400 $10,000 $18,400
2018 $2,134 $27,200 $10,000 $17,200
2017 $2,069 $27,200 $10,000 $17,200
2016 $1,505 $26,800 $10,000 $16,800
2015 $1,505 $26,100 $19,996 $6,104
2014 $1,505 $26,200 $21,424 $4,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 66867

Greater Lansing Association of Realtors®

APN: 01-01-04-106-234