NOT LISTED FOR SALE

3228 Reo Rd Lansing, MI 48911

Churchill Downs Neighborhood

Estimated Value: $153,000 - $173,416

3 Beds
1.5 Baths
1,600 Sq Ft
$101/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $132,000 $82 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,206/month

65 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Ceiling Fan
  • Corner Lot: Yes
  • Forced Air Heating and Cooling System
  • Replacement Windows

About This Home

As of April 2022

Beautifully updated home in the Churchill Downs Neighborhood. This home boasts an updated kitchen with new appliances, fresh paint and refinished hardwood floors. There is a new water heater and an AC unit to keep cool in the summer all situated on a large lot. Schedule your showing today!

Last Agent to Sell the Property

David Gaddy

Bellabay Realty LLC Listed on: 02/16/2022

Bellabay Realty LLC

Last Buyer's Agent

Amy Williams

KELLER WILLIAMS LANSING

KELLER WILLIAMS LANSING

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,637

Year Built

  • Built in 1960

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 66.16 x 145.3
  • Corner Lot: Yes

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Churchhill Downs Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,637

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1960
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 121.13
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66.16 x 145.3
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1600.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2637.0
  • Tax Info:Zoning3: SFR
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Location Property Info:Subdivision2: Churchhill Downs
  • Water Heater:Natural Gas4: Yes
  • General Property Info:SqFt Above Grade: 1065.0
  • General Property Info Garage YN: No
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1600.0
  • Window Features: Replacement
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 535.0
  • Basement Rooms:Total Basement SQFT: 1065.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 535.0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 129000.0
  • Lot Features: Corner Lot
  • Patio and Porch Features: Deck
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Dimensions: 66.16 x 145.3
  • Lot Size Sq Ft: 11326.0
  • Zoning Description: SFR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2637.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Apr 14, 2022
Sold by
Cozy Pines Management Trust
Bought by
Jackson Terry L
Seller's Agent
David Gaddy
Bellabay Realty LLC
Buyer's Agent
Amy Williams
KELLER WILLIAMS LANSING
Sold Price
$132,000
Current Estimated Value
$161,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,854
Avg. Annual Appreciation
5.78%
Original Mortgage
$129,609
Outstanding Balance
$122,662
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
$39,192

Purchase Details

Closed on
Jul 7, 2021
Sold by
Holcomb David
Bought by
Cozy Pines Management Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2009
Sold by
Holcomb Nancy
Bought by
Holcomb David

Purchase Details

Closed on
Feb 23, 2009
Sold by
Holcomb Daniel
Bought by
Holcomb David

Purchase Details

Closed on
Feb 18, 2009
Sold by
Holcomb Virginia J
Bought by
Holcomb David

Purchase Details

Closed on
Jan 9, 2009
Sold by
Holcomb Michael
Bought by
Holcomb David

Purchase Details

Closed on
Dec 12, 2003
Sold by
Holcomb David J and Holcomb Lawrence P
Bought by
Holcomb David J and Holcomb Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.04%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Jackson Terry L $132,000 Transnation Title
Cozy Pines Management Trust $60,000 None Listed On Document
Holcomb David -- None Available
Holcomb David -- None Available
Holcomb David -- None Available
Holcomb David -- None Available
Holcomb David J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Terry L $129,609
Previous Owner Cozy Pines Management Trust $85,000
Previous Owner Holcomb David J $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2022 04/14/22 Sold $132,000 +2.3% $83 / Sq Ft
03/17/2022 03/17/22 Price Changed $129,000 0.0% $81 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
02/16/2022 02/16/22 For Sale -- -- --
02/03/2022 02/03/22 Pending -- -- --
01/20/2022 01/20/22 For Sale -- -- --
01/13/2022 01/13/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $129,000 -- $81 / Sq Ft
Source: MichRIC

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 $4,235 $73,800 $11,400 $62,400
2024 $34 $69,400 $11,400 $58,000
2023 $3,968 $61,900 $11,400 $50,500
2022 $3,336 $54,900 $11,400 $43,500
2021 $3,185 $50,200 $7,200 $43,000
2020 $3,163 $47,000 $7,200 $39,800
2019 $5,594 $45,300 $7,200 $38,100
2018 $2,940 $40,400 $7,200 $33,200
2017 $6,706 $40,400 $7,200 $33,200
2016 $2,813 $37,800 $7,200 $30,600
2015 $2,813 $36,500 $14,471 $22,029
2014 $2,813 $37,100 $22,849 $14,251
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    David Gaddy

    Bellabay Realty LLC

    (616) 481-5528

    2 in this area

    46 Total Sales

    David Gaddy
    Section Image
  • Amy Williams

    Buyer's Agent in 2022

    Amy Williams

    KELLER WILLIAMS LANSING

    (517) 282-1567

    4 in this area

    147 Total Sales

    Amy Williams
    Section Image
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Map

Source: MichRIC

MLS Number: 22000351

MichRIC

APN: 01-01-31-328-421

Michigan Ingham County Lansing 48911 Churchill Downs

3228 Reo Rd, Lansing, MI

Not Listed for Sale

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MichRIC Information is deemed reliable but not guaranteed.
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