Seller's Agent in 2026
Paul Brown
Gateway to Homes
(517) 321-6373
11 in this area
160 Total Sales
331 Richard Ave Lansing, MI 48917
3
Beds
2
Baths
1,101
Sq Ft
11,761
Sq Ft Lot
Highlights
- Cape Cod Architecture
- Main Floor Primary Bedroom
- Neighborhood Views
- Property is near public transit
- Corner Lot
- Eat-In Kitchen
About This Home
As of February 2026Investor Special with Endless Potential in Delta Township! Bring your vision to this Cape Cod-style home located at 331 Richard Avenue in Lansing. This property is in need of renovation, but offers incredible upside for an investor, flipper, or a handy homeowner ready to create instant equity. Set on a generous corner lot, the home features a huge fully fenced backyard with wood privacy fencing, perfect for future outdoor living or entertaining. Two detached garages provide ample storage, workshop space, or added value potential. Inside, you'll find a large four-seasons room offering flexible additional living space, plus a full bathroom in the basement, adding convenience and future finishing options. With solid bones, classic Cape Cod charm, and plenty of square footage to reimagine... this is a rare opportunity to transform a diamond in the rough into something truly special. Cash, renovation, or conventional buyers welcome—bring your contractor and imagination!
Last Agent to Sell the Property
Gateway to Homes License #6506040806 Listed on: 01/01/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1952
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 90x130
- Corner Lot
- Rectangular Lot
- Back Yard Fenced and Front Yard
Parking
- 2 Car Garage
Home Design
- Cape Cod Architecture
- Block Foundation
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,101 Sq Ft Home
- 1.5-Story Property
- Ceiling Fan
- Awning
- Neighborhood Views
Kitchen
- Eat-In Kitchen
- Laminate Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Block Basement Construction
- Laundry in Basement
- Stubbed For A Bathroom
- Natural lighting in basement
Location
- Property is near public transit
- City Lot
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- Oak Park Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 1, 2026
Closed on
Feb 5, 2026
Sold by
Mathers Eddy E
Bought by
Rna Renovations Llc
Seller's Agent
Paul Brown
Gateway to Homes
Buyer's Agent
Matthew Smith
RE/MAX Real Estate Professionals Dewitt
List Price
$139,900
Sold Price
$125,000
Premium/Discount to List
-$14,900
-10.65%
Views
150
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
146197.29%
Original Mortgage
$144,750
Outstanding Balance
$144,750
Interest Rate
6.15%
Mortgage Type
Construction
Estimated Equity
$63,448
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $125,000 | Transnation Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $144,750 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/06/2026 02/06/26 | Sold | $125,000 | -10.7% | $114 / Sq Ft |
| 01/14/2026 01/14/26 | Pending | -- | -- | -- |
| 01/01/2026 01/01/26 | For Sale | $139,900 | -- | $127 / 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 | $2,840 | $98,700 | $0 | $0 |
| 2024 | $1,679 | $96,400 | $0 | $0 |
| 2023 | $1,614 | $88,900 | $0 | $0 |
| 2022 | $2,513 | $73,300 | $0 | $0 |
| 2021 | $2,460 | $67,600 | $0 | $0 |
| 2020 | $2,500 | $62,700 | $0 | $0 |
| 2019 | $2,516 | $60,466 | $0 | $0 |
| 2018 | $2,499 | $59,600 | $0 | $0 |
| 2017 | $2,351 | $56,700 | $0 | $0 |
| 2016 | -- | $52,200 | $0 | $0 |
| 2015 | -- | $51,800 | $0 | $0 |
| 2014 | -- | $51,000 | $0 | $0 |
| 2013 | -- | $50,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Brown
-
Matthew Smith
Buyer's Agent in 2026
Matthew Smith
RE/MAX Michigan
(517) 853-1200
10 in this area
100 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 293245
APN: 040-068-000-250-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for Consumers'
personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2026 Greater Lansing Association of REALTORS®
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