Seller's Agent in 2026
Paul Brown
Gateway to Homes
(517) 321-6373
8 in this area
154 Total Sales
331 Richard Ave Lansing, MI 48917
Estimated Value: $124,000 - $209,000
3
Beds
2
Baths
1,101
Sq Ft
$140/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Property is near public transit
- Corner Lot
- Deck
- Main Floor Primary Bedroom
- Neighborhood Views
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
- 11,761 Sq Ft Lot
- Lot Dimensions are 90x130
- Corner Lot
- Rectangular Lot
- Back Yard Fenced and Front Yard
Parking
- 2 Car Garage
- Side Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Cape Cod Architecture
- Block Foundation
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,101 Sq Ft Home
- 1.5-Story Property
- Ceiling Fan
- 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
Outdoor Features
- Deck
- Front Porch
- Awning
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 1, 2026
Closed on
Feb 5, 2026
Sold by
Bought by
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
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,277
Avg. Annual Appreciation
97.16%
Original Mortgage
$144,750
Outstanding Balance
$144,750
Interest Rate
6.15%
Mortgage Type
Construction
Estimated Equity
$9,527
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $125,000 | Transnation Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $144,750 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,735 | $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) 712-9760
11 in this area
99 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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