$36,000
SOLD JUN 12, 2014

401 Pleasant St Grand Ledge, MI 48837

2 Beds
1 Bath
1,031 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$35 Per Sq Ft

22% Below List Price

50 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Forced Air Heating System
  • Leon W. Hayes Middle School Rated A-
  • Living Room
  • 5-minute walk to Grand Ledge Island Park

About This Home

As of June 2018

HERE'S A 2 BEDROOM 1 BATH RANCH WITH A FULL BASEMENT, ON A CORNER LOT IN THE CITY OF GRAND LEDGE, JUST 10 MILES WEST OF LANSING. THIS HOME HAS A VERY LARGE WRAP AROUND FRONT PORCH, OVERSIZE BEDROOMS, AND MASSIVE LIVING RM AND KITCHEN. CONVIENTLY LOCATED JUST A FEW BLOCKS FROM ELEMENTARY, MIDDLE, AND HIGH SCHOOLS, IT PERFECT FOR RAISING KIDS. EVEN BETTER IS THE PRICE! *THIS IS A FANNIE MAE HOMEPATH PROPERTY.? THE SELLER HAS DIRECTED THAT ALL FANNIE MAE OFFERS BE SUBMITTED USING THE OFFER SYSTEM ON THE HOMEPATH WEBSITE.? ONLY OFFERS FROM OWNER OCCUPANTS OR PUBLIC ENTITIES AND THEIR DESIGNATED PARTNERS WILL BE CONSIDERED FOR THE FIRST 20 DAYS OF THE LISTING.? ALL OWNER OCCUPANTS MUST SUBMIT A SIGNED ''OWNER OCCUPANT CERTIFICATE'' WITH ANY OFFER. (SEE ATTACHMENTS).? FOR ALL OFFERS SUBJECT ORTGAGE, A PRE APPROVAL LETTER MUST BE SUBMITTED WITH THE OFFER.? ALL BUYERS WILL BE CHARGED THE STATE TRANSFER TAX AND PAY A CLOSING FEE, UP TO $500 +/-, TO THE TITLE COMPANY.? IF THIS IS A CASH TRANSACTION, FANNIE MAE REQUIRES 10% EARNEST MONEY . MINIMUM COMMISSION 1000 / 1000.* *

Last Agent to Sell the Property

Chris Dean

Gateway to Homes License #6506043716 Listed on: 04/15/2014

Last Buyer's Agent

Robin Logan

Sun Realty & Chuck Pantera Appraisal Company License #6506027676

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,031 Sq Ft Home
  • Living Room
  • Dining Room
  • Michigan Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 6,534 Sq Ft Lot

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1900

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: 1900
  • Lot Size Acres: 0.15
  • Lot Size: 66X99 .15AC
  • Above Grade Finished Sq Ft: 1031.0
  • Architectural Style: Ranch
  • Living Area: 1031.0
  • General Property Info:Lot Size Dimensions: 66X99 .15AC
  • General Property Info:Above Grade Finished Area: 1031.0
  • General Property Info:Total Livable Area: 1031.0
  • 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
  • Special Listing Cond:Real Estate Owned2: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1287.0
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Michigan
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 2
  • Room: 5
  • Property Type: Residential
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Basement:Michigan: Yes
  • Appliances:None3: Yes

Exterior Features

  • Patio And Porch Features: Covered
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: 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: Grand Ledge

Lot Info

  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2254.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
Jun 21, 2018
Sold by
Rosenkranz Jeffrey Scott and Rosenkranz Deborah Dee
Bought by
Cummings Alaqua M
Seller's Agent
Nancy Petroff
Coldwell Banker Professionals -Okemos
Buyer's Agent
Richard Russell
EXIT Realty Select Partners
List Price
$124,900
Sold Price
$125,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$191,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,608
Avg. Annual Appreciation
5.91%
Original Mortgage
$112,500
Outstanding Balance
$97,702
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$91,040

Purchase Details

Closed on
Sep 6, 2016
Sold by
Mahlow Ray and Mahlow Jeannie Rene
Bought by
Rosenkranz Jeffrey Scott and Rosenkranz Deborah Dee

Purchase Details

Listed on
Apr 15, 2014
Closed on
Jun 10, 2014
Sold by
Fannie Mae
Bought by
Mahlow Ray
Seller's Agent
Chris Dean
Gateway to Homes
Buyer's Agent
Robin Logan
Sun Realty & Chuck Pantera Appraisal Company
List Price
$46,000
Sold Price
$36,000
Premium/Discount to List
-$10,000
-21.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.93%

Purchase Details

Closed on
Apr 25, 2013
Sold by
Jury William N and Jury Hide
Bought by
Onewest Bank Fsb
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $125,000 Tri County Title Agency Llc
Quit Claim Deed -- None Available
Deed $36,000 E Title
Sheriffs Deed $114,182 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,500 New Conventional
Previous Owner $120,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2018 06/21/18 Sold $125,000 +0.1% $121 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $124,900 +246.9% $121 / Sq Ft
06/12/2014 06/12/14 Sold $36,000 -21.7% $35 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $46,000 -- $45 / 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 $3,196 $77,300 $0 $0
2024 $2,125 $71,800 $0 $0
2023 $1,995 $70,600 $0 $0
2022 $2,843 $65,900 $0 $0
2021 $2,722 $61,000 $0 $0
2020 $2,688 $59,100 $0 $0
2019 $2,533 $56,284 $0 $0
2018 $3,082 $49,900 $0 $0
2017 $3,039 $49,200 $0 $0
2016 $1,981 $40,400 $0 $0
2015 -- $39,200 $0 $0
2014 -- $37,300 $0 $0
2013 -- $36,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 57635

Greater Lansing Association of Realtors®

APN: 400-078-000-420-00