NOT LISTED FOR SALE

422 W Frederick Ave Lansing, MI 48906

Creston Neighborhood

Estimated Value: $135,000 - $159,000

4 Beds
2 Baths
1,596 Sq Ft
$92/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $62,000 $39 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,120/month

10 Days on Market

Highlights

  • 0.38 Acre Lot
  • Main Floor Primary Bedroom
  • Laundry Room
  • Deck
  • Living Room
  • Shed

About This Home

As of November 2020

Spacious home with over 1,800 sqft on an over-sized lot with detached 2 car garage. Covered porch & large living room with updated flooring greet you when you arrive. Large kitchen features eat-in-dining area and offers ample cabinetry & counter space. First floor master bedroom offers plenty of closet space and access to enjoy the deck and backyard. Formal dining or office, 2nd bedroom, laundry, full bathroom, and a mud room complete the first floor. Upstairs has a 3rd bedroom, another full bathroom, and potential for a 4th & 5th bedroom or rec room. There is plenty of storage and natural light throughout! This home welcomes a project minded buyer that can see it's potential. A diamond in the rough! Great opportunity for an investor or owner occupant. Potential rent amount $850-$1,000/mo.

Last Agent to Sell the Property

Amy Jackson

Coldwell Banker Professionals-E.L. License #6501394590 Listed on: 09/22/2020

Coldwell Banker Professionals-E.L.

Co-Listed By

Carrie Peters

Coldwell Banker Professionals-E.L. License #6501376227

Last Buyer's Agent

Richard Gingras

RE/MAX Real Estate Professionals License #6501305265

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 100x166.62

Parking

  • 2 Car Garage
  • Dirt Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,596 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Partial Basement

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck
  • Shed

Utilities

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

Community Details

  • Fairfield Gardens Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Investment
  • Tax Year: 2019
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1940
  • Lot Size Acres: 0.38
  • Lot Size: 100x166.62
  • Co List Office Mls Id: 982
  • Co List Office Phone: 517-332-5100
  • Subdivision Name: Fairfield Gardens
  • Above Grade Finished Sq Ft: 1596.0
  • Living Area: 1596.0
  • General Property Info:Lot Size Dimensions: 100x166.62
  • General Property Info:Above Grade Finished Area: 1596.0
  • General Property Info:Total Livable Area: 1596.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Laundry Features:Main Level: Yes
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Other Structures:Shed(s): Yes
  • Exterior:Vinyl Siding: Yes
  • Parking Features:Dirt3: Yes
  • Rooms:Laundry2: Yes
  • General Property Info:Building Area Total SqFt: 2494.0
  • Special Features: None

Interior Features

  • Basement: Partial
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Laminate Counters, Primary Downstairs
  • Total Bedrooms: 4
  • Room: 7
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Laundry Level: First
  • Other Level: Second
  • Full Bathrooms: 2
  • Appliances:Gas Water Heater: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Partial: Yes
  • Interior Features:Laminate Counters: Yes

Exterior Features

  • Roof: Shingle
  • OtherStructures: Shed(s)
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Deck
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Deck: Yes

Garage/Parking

  • Parking Features: Dirt
  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater, Range, Oven, Dishwasher
  • LaundryFeatures: Main Level
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 16552.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 3008
  • Tax Annual Amount: 3222.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 24, 2020
Sold by
Braatz Oppear Gracie
Bought by
Gingras Teresa K
Seller's Agent
Amy Jackson
Coldwell Banker Professionals-E.L.
Buyer's Agent
Richard Gingras
RE/MAX Real Estate Professionals
List Price
$69,900
Sold Price
$62,000
Premium/Discount to List
-$7,900
-11.3%
Current Estimated Value
$146,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,348
Avg. Annual Appreciation
19.68%
Original Mortgage
$55,800
Outstanding Balance
$49,880
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$96,468

Purchase Details

Closed on
Apr 24, 2012
Sold by
Donovan Shaun
Bought by
Braatz Gracie Colleen

Purchase Details

Closed on
Feb 27, 2012
Sold by
Jp Morgan Chase Bank National Associatio
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
May 19, 2011
Sold by
Warner Mark
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Mar 14, 2008
Sold by
Taghon Bart M and Taghon Susan M
Bought by
Warner Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,686
Interest Rate
5.79%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2005
Sold by
Taghon Susan M and Stokosa Susan M
Bought by
Taghon Bart M and Taghon Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,600
Interest Rate
5.98%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Gingras Teresa K $62,000 Tri County Title Agency Llc
Braatz Gracie Colleen $17,569 None Available
Secretary Of Housing & Urban Development -- None Available
Chase Home Finance Llc $98,944 None Available
Warner Mark $85,000 Multiple
Taghon Bart M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gingras Teresa K $55,800
Previous Owner Warner Mark $83,686
Previous Owner Taghon Bart M $95,600
Previous Owner Stokosa Susan M $56,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $62,000 -11.3% $39 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $69,900 -- $44 / 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 $3,891 $69,500 $9,500 $60,000
2024 $31 $70,200 $9,500 $60,700
2023 $3,647 $61,300 $9,500 $51,800
2022 $3,285 $56,400 $10,700 $45,700
2021 $3,217 $52,300 $11,100 $41,200
2020 $3,517 $51,000 $11,100 $39,900
2019 $3,482 $48,700 $11,100 $37,600
2018 $3,222 $43,400 $11,100 $32,300
2017 $3,138 $43,400 $11,100 $32,300
2016 $2,253 $42,800 $11,100 $31,700
2015 $2,253 $40,900 $22,133 $18,767
2014 $2,253 $40,100 $23,714 $16,386
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 249942

Greater Lansing Association of Realtors®

APN: 01-01-04-103-071