NOT LISTED FOR SALE

Estimated Value: $395,000 - $479,000

3 Beds
2.5 Baths
3,608 Sq Ft
$122/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $177,000 $49 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $2,454/month

4 Days on Market

Highlights

  • 0.62 Acre Lot
  • Traditional Architecture
  • Sun or Florida Room
  • Living Room with Fireplace
  • Wood Flooring
  • 4-minute walk to Letts Park

About This Home

As of April 2022

Welcome to your new home in the illustrious McPhersons Subdivision in Lansing's prominent Westside. This home is priced to sell quickly! Your new home features 4 bedrooms, 2.5 bathrooms, large living room, dining room, library, 2 fireplaces, wet bar, and a wonderful layout with incredible natural light. Come take a look at the classic character of your new home!

Last Agent to Sell the Property

Rance Mask

EXIT Realty Home Partners License #6501433020 Listed on: 12/18/2021

EXIT Realty Home Partners

Last Buyer's Agent

Shara Grachek

Five Star Real Estate - Lansing License #6501425482

Five Star Real Estate - Lansing

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $86

Year Built

  • Built in 1929

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 76x123.6
  • Front Yard

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Chandelier
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Security System Owned
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • Garage
  • Side Facing Garage

Utilities

  • No Cooling
  • Radiant Heating System
  • Hot Water Heating System
  • 100 Amp Service
  • High Speed Internet
  • Cable TV Available

Community Details

  • Heatherwood Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$86

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Investment, Recreational
  • Tax Year: 2021
  • Levels: Two
  • Year Built: 1929
  • Lot Size Acres: 0.62
  • Lot Size: 76x123.6
  • Subdivision Name: Heatherwood
  • Above Grade Finished Sq Ft: 2344.0
  • Architectural Style: Traditional
  • Living Area: 3608.0
  • General Property Info:Lot Size Dimensions: 76x123.6
  • General Property Info:Above Grade Finished Area: 2344.0
  • General Property Info:Total Livable Area: 3608.0
  • Baths:_pound_Full Baths 2: 2
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Levels:Two2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features:In Basement: Yes
  • Electric:_one_00 Amp Service: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Exterior:Brick: Yes
  • Improvements:Three Seasons Room: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Hardwood: Yes
  • Cooling:None8: Yes
  • Foundation Details:BrickMortar: Yes
  • Security Features:Security System Owned: Yes
  • General Property Info:Building Area Total SqFt: 3608.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Hot Water, Radiant
  • Flooring: Hardwood
  • Interior Amenities: Bookcases, Chandelier, Wet Bar
  • Total Bedrooms: 3
  • Room: 4
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • SpaFeatures: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 1264.0
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 2
  • Fireplace: Yes
  • Full Basement: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Bookcases: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Chandelier: Yes
  • Fireplace Features:Basement4: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Fencing: None
  • Foundation Details: Brick/Mortar
  • Lot Features: Front Yard
  • PoolFeatures: None
  • RoadFrontageType: City Street
  • Construction Type: Brick
  • Lot Features:Front Yard2: Yes

Garage/Parking

  • Parking Features: Concrete Driveway, Garage Faces Side
  • Attached Garage: No
  • Parking Features:Concrete Driveway: Yes
  • Parking Features:Garage Faces Side: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Electric Range, Washer, Dryer
  • Cooling: None
  • Electric: 100 Amp Service
  • LaundryFeatures: In Basement
  • Utilities: High Speed Internet Available, Cable Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Radiant: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 27094.32
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1105
  • Tax Annual Amount: 99.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2025
Sold by
Ogundipe Kehinde O
Bought by
Oig 2 Llc
Current Estimated Value
$443,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$270,000
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$147,395

Purchase Details

Closed on
Aug 8, 2000
Sold by
U S Bank National Assn
Bought by
Lipscomb 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
$81,463
Interest Rate
8.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2000
Sold by
Lipscomb Mary A
Bought by
Lipscomb Richard J

Purchase Details

Closed on
Jan 31, 2000
Sold by
Lipscomb Mary A
Bought by
Lipscomb Richard J

Purchase Details

Closed on
Dec 3, 1999
Sold by
Lipscomb Richard J and Lipscomb Mary A
Bought by
U S Bank Trust National Assn and First Trust Bank National Assn
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Oig 2 Llc -- Sargents Title
Lipscomb Michael J $79,150 --
Lipscomb Richard J -- --
Lipscomb Richard J -- --
U S Bank Trust National Assn $72,798 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oig 2 Llc $270,000
Previous Owner Lipscomb Michael J $159,093
Previous Owner Lipscomb Michael J $141,600
Previous Owner Lipscomb Michael J $115,000
Previous Owner Lipscomb Michael J $85,700
Previous Owner Lipscomb Michael J $81,463
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $177,000 +77.2% $49 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
12/18/2021 12/18/21 For Sale $99,900 -- $28 / 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
2024 $86 $176,200 $19,800 $156,400
2023 $9,878 $157,000 $19,800 $137,200
2022 $5,064 $147,200 $14,800 $132,400
2021 $6,398 $136,000 $14,800 $121,200
2020 $6,355 $125,900 $14,800 $111,100
2019 $11,251 $114,900 $14,800 $100,100
2018 $5,822 $106,300 $14,800 $91,500
2017 $5,608 $106,300 $14,800 $91,500
2016 $5,385 $90,800 $14,800 $76,000
2015 $5,385 $81,900 $29,682 $52,218
2014 $5,385 $77,200 $28,000 $49,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 261774

Greater Lansing Association of Realtors®

APN: 01-01-17-378-001