NOT LISTED FOR SALE

4345 Old Lansing Rd Lansing, MI 48917

Estimated Value: $162,000 - $264,000

3 Beds
2 Baths
1,600 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 10, 2012

Last sale price $52,000 $32 Per Sq Ft

Est. 319% increase in value since last sale

Current estimated payment $1,390/month

Highlights

  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • Living Room
  • Deck
  • Porch
  • Forced Air Heating System

About This Home

As of August 2012

This is a Fannie Mae HomePath property. Purchase for as little as 3% down. Approved for Homepath and HomePath Renovation Mortgage. All offers must state whether buyer is an owner occupant or investor. If owner occupant please have them sign the Owner Occupant Certification (see attachments). All offers must include a pre approval letter from a direct endorsement lender. Minimum 10% earnest money deposit if cash purchase. Cash offers to include proof of funds. All investor sales will have a 3 month deed restriction, they will not be allowed to sell or refinance for 3 months for over 20% more than purchase price. All properties to be listed in MLS for 3 days prior to any offers being submitted for owner occupants, 15 days for investors. Cape cod with large lot, big backyard & 2 full baths. D etached garage.

Last Agent to Sell the Property

Karla Russell

RE/MAX Real Estate Professionals Dewitt Listed on: 04/29/2012

Last Buyer's Agent

Adriane Lau

RE/MAX Real Estate Professionals License #6502356510

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 155x100

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Aluminum Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • Maple Wood Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 11
  • Levels: One and One Half
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1928
  • Lot Size: 155x100
  • Subdivision Name: Maple Wood
  • Above Grade Finished Sq Ft: 1600.0
  • Architectural Style: Cape Cod
  • Living Area: 1600.0
  • General Property Info:Lot Size Dimensions: 155x100
  • General Property Info:Above Grade Finished Area: 1600.0
  • General Property Info:Total Livable Area: 1600.0
  • 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
  • Exterior:Aluminum Siding: Yes
  • Location Legal Info:Real Estate Owned: Yes
  • Sewer:Public Sewer: Yes
  • Architectural Style:Cape Cod: Yes
  • Levels:One and One Half: Yes
  • General Property Info:ECO Friendly Features: No
  • Special Listing Cond:Real Estate Owned2: Yes
  • General Property Info:Building Area Total SqFt: 2400.0
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Partial
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Primary Downstairs
  • Total Bedrooms: 3
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Full Bathrooms: 2
  • Interior Features:Primary Downstairs: Yes
  • Basement:Partial: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:None3: Yes

Exterior Features

  • Patio And Porch Features: Deck, Porch
  • Construction Type: Aluminum Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Electric Water Heater
  • LaundryFeatures: Main Level
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Waverly

Tax Info

  • Tax Annual Amount: 3057.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2012
Closed on
Aug 9, 2012
Sold by
Fannie Mae
Bought by
Vickery Michael Samson and Olson Vikery Lee Anne Kay
Seller's Agent
Karla Russell
RE/MAX Real Estate Professionals Dewitt
Buyer's Agent
Adriane Lau
RE/MAX Real Estate Professionals
List Price
$48,043
Sold Price
$52,000
Premium/Discount to List
$3,957
8.24%
Current Estimated Value
$218,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,003
Avg. Annual Appreciation
11.52%
Original Mortgage
$41,600
Outstanding Balance
$6,901
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$211,102

Purchase Details

Closed on
Sep 21, 2011
Sold by
Bank Of America Na
Bought by
Fannie Mae

Purchase Details

Closed on
Sep 1, 2011
Sold by
Watson Bradley T and Watson Jessica C
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 20, 2006
Sold by
Wood Jessica C and Watson Jessica C
Bought by
Watson Bradley T and Watson Jessica C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
6.73%
Mortgage Type
New Conventional
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
Vickery Michael Samson $52,000 Attorneys Title Agency Llc
Fannie Mae -- None Available
Bank Of America Na $138,097 None Available
Watson Bradley T -- Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vickery Michael Samson $41,600
Previous Owner Watson Bradley T $129,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2012 08/10/12 Sold $52,000 +8.2% $33 / Sq Ft
06/25/2012 06/25/12 Pending -- -- --
04/29/2012 04/29/12 For Sale $48,043 -- $30 / 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 $2,807 $85,200 $0 $0
2024 $1,660 $81,100 $0 $0
2023 $1,596 $76,800 $0 $0
2022 $2,486 $71,300 $0 $0
2021 $2,364 $67,300 $0 $0
2020 $2,431 $60,400 $0 $0
2019 $2,454 $58,808 $0 $0
2018 $2,378 $57,500 $0 $0
2017 $2,324 $56,600 $0 $0
2016 -- $54,700 $0 $0
2015 -- $53,100 $0 $0
2014 -- $50,400 $0 $0
2013 -- $51,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 36682

Greater Lansing Association of Realtors®

APN: 040-065-000-410-00