NOT LISTED FOR SALE

324 S Martin Luther King jr Blvd Lansing, MI 48915

Westside Neighborhood

Estimated Value: $62,000 - $85,594

3 Beds
1 Bath
1,141 Sq Ft
$66/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $60,000 $53 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $473/month

16 Days on Market

Highlights

  • Bonus Room
  • Forced Air Heating System
  • Washer and Dryer
  • Living Room
  • Dining Room
  • 3-minute walk to Letts Park

About This Home

As of September 2023

Calling all investors: This property serves as a blank canvas with a value add opportunity for the investor looking to convert the bonus room on the first level into a fourth bedroom. With vinyl flooring throughout the first floor and a portion of the second floor, this rehab has gotten a head start. Property is priced to sell and won't last long; schedule your showing today!

Last Agent to Sell the Property

Jamie Fox

Trubrook, LLC License #6506048891 Listed on: 08/21/2023

Last Buyer's Agent

Lindsay Gallegos

RE/MAX Real Estate Professionals License #6501435777

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1904

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33x132
  • Back Yard Fenced

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,141 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Bonus Room
  • Range
  • Washer and Dryer

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement
  • Laundry in Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • 100 Amp Service

Home Details

Home Type

Single Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Rental, Primary, Investment
  • Tax Year: 2022
  • Levels: Two
  • Year Built: 1904
  • Lot Size Acres: 0.1
  • Lot Size: 33x132
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1141.0
  • Living Area: 1141.0
  • General Property Info:Lot Size Dimensions: 33x132
  • General Property Info:Above Grade Finished Area: 1141.0
  • General Property Info:Total Livable Area: 1141.0
  • Baths:_pound_Full Baths 2: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Levels:Two2: Yes
  • Appliances Refrigerators: Yes
  • Laundry Features:In Basement: Yes
  • Flooring:Laminate: Yes
  • Electric:_one_00 Amp Service: Yes
  • Sewer:Public Sewer: Yes
  • Fencing:Back Yard: Yes
  • Exterior:Vinyl Siding: Yes
  • Flooring:Vinyl2: Yes
  • Cooling:None8: Yes
  • Rooms:Bonus Room: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1763.0
  • Special Features: None

Interior Features

  • Basement: Full, Michigan
  • Heating: Forced Air
  • Flooring: Laminate, Vinyl
  • Total Bedrooms: 3
  • Room: 8
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Bonus Room Level: First
  • Full Bathrooms: 1
  • Full Basement: Yes
  • Basement:Michigan: Yes
  • Appliances Range: Yes
  • Appliances:WasherDryer: Yes

Exterior Features

  • ExteriorFeatures: Private Yard
  • Fencing: Back Yard
  • Construction Type: Vinyl Siding
  • Exterior Features:Private Yard: Yes

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Washer/Dryer, Refrigerator, Range
  • Cooling: None
  • Electric: 100 Amp Service
  • LaundryFeatures: In Basement
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1677
  • Tax Annual Amount: 6274.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2023
Sold by
Noriega Juan
Bought by
324 Mlk Llc
Current Estimated Value
$75,149

Purchase Details

Listed on
Aug 21, 2023
Closed on
Sep 26, 2023
Sold by
Shbu Sigal Ayelet
Bought by
Noriega Juan
Seller's Agent
Jamie Fox
Trubrook, LLC
Buyer's Agent
Lindsay Gallegos
RE/MAX Real Estate Professionals
List Price
$64,900
Sold Price
$60,000
Premium/Discount to List
-$4,900
-7.55%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%

Purchase Details

Closed on
Sep 8, 2016
Sold by
Lowe Timothy John and Lowe Rebecca Renee
Bought by
Shbu Sigal Ayelet

Purchase Details

Closed on
Jan 14, 2008
Sold by
Lowe Tim and Lowe Rebecca Renee
Bought by
Lowe Timothy John and Lowe Rebecca Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2007
Sold by
Wells Fargo Bank Na
Bought by
Lowe Tim

Purchase Details

Closed on
Aug 31, 2006
Sold by
Daugard Darin R and Daugard Kimberly J
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 5, 2004
Sold by
Thompson Kevin T
Bought by
Daugard Darin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
6.08%
Mortgage Type
Assumption

Purchase Details

Closed on
Dec 27, 2001
Sold by
Alaska Seaboard Partners
Bought by
Thompson Kevin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
7.16%

Purchase Details

Closed on
Aug 30, 2001
Sold by
Higginbotham Gary L
Bought by
Alaska Seaboard Partners Ltd Partnership

Purchase Details

Closed on
Dec 5, 1997
Sold by
Sheriffs Deed
Bought by
Country Home Loans Inc.
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
324 Mlk Llc -- None Listed On Document
Noriega Juan $60,000 Liberty Title
Shbu Sigal Ayelet $26,000 None Available
Lowe Timothy John -- Stewart Title
Lowe Tim $20,000 None Available
Wells Fargo Bank -- None Available
Wells Fargo Bank Na $80,704 None Available
Daugard Darin R $36,499 Chicago Title
Thompson Kevin T $19,000 --
Alaska Seaboard Partners Ltd Partnership $18,180 --
Country Home Loans Inc. $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowe Timothy John $51,000
Previous Owner Daugard Darin R $34,000
Previous Owner Thompson Kevin T $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $60,000 -7.6% $53 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $64,900 -- $57 / 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 $5,090 $38,300 $4,600 $33,700
2024 $34 $36,500 $4,600 $31,900
2023 $2,112 $30,200 $4,600 $25,600
2022 $6,274 $27,400 $3,600 $23,800
2021 $4,017 $24,900 $5,200 $19,700
2020 $1,873 $23,500 $5,200 $18,300
2019 $3,685 $22,700 $5,200 $17,500
2018 $2,155 $21,300 $5,200 $16,100
2017 $2,585 $21,300 $5,200 $16,100
2016 $1,469 $19,600 $5,200 $14,400
2015 $1,469 $18,800 $10,414 $8,386
2014 $1,469 $19,100 $12,500 $6,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 275415

Greater Lansing Association of Realtors®

APN: 01-01-17-405-291