NOT LISTED FOR SALE

488 Waldo Rd Mason, MI 48854

Estimated Value: $182,303 - $351,000

2 Beds
2 Baths
900 Sq Ft
$268/Sq Ft Est. Value

Last Sold June 26, 2014

Last sale price $20,000 $22 Per Sq Ft

Est. 1,104% increase in value since last sale

Current estimated payment $1,542/month

91 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Forced Air Heating System
  • Dining Room
  • Living Room

About This Home

As of June 2014

Delightful two bedroom bungalow on one acre in Mason. Original hardwood floors in the living room; light oak cabinets and ceramic tile in the kitchen; some windows were replaced within the last ten years; some newer light fixtures; full wall of windows on the south side of the house allows for plenty of natural light; there is one bedroom on each floor; each bedroom has a full private bathroom. This is a Fannie Mae Homepath property. Up to 3.5% closing cost assistance may be available on this property for buyers! Ask the L.A. - eligibility restrictions apply. The seller has directed that all offers on this listing be made using the HomePath Online Offer system at the HomePath website. Please go to HomePath to make an offer. Legal: WFD 32-1 BEG AT NE COR OF SEC S 12.64 RD W 12.64 RD N 12.64 RD E TO BEG SEC 32 T3N R1E 1 A.

Last Agent to Sell the Property

D. Michon/Michon Group

RE/MAX Real Estate Professionals License #6502333596 Listed on: 02/19/2014

RE/MAX Real Estate Professionals

Last Buyer's Agent

Diana Tongen

Keller Williams Realty Lansing License #6501371156

Keller Williams Realty Lansing

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 1 Acre Lot
  • Property is zoned Rural Residential

Parking

  • 1 Car Garage
  • Gravel Driveway

Interior Spaces

  • 900 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 12
  • Levels: One and One Half
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1900
  • Lot Size Acres: 1.0
  • Lot Size: 1 ACRE
  • Above Grade Finished Sq Ft: 900.0
  • Living Area: 900.0
  • General Property Info:Lot Size Dimensions: 1 ACRE
  • General Property Info:Above Grade Finished Area: 900.0
  • General Property Info:Total Livable Area: 900.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Levels:One and One Half: Yes
  • General Property Info:ECO Friendly Features: No
  • Tax Info:Zoning3: Rural Residential
  • General Property Info:Building Area Total SqFt: 1130.0
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Heating: Forced Air, Propane
  • Total Bedrooms: 2
  • Room: 4
  • Property Type: Residential
  • Full Bathrooms: 2
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:None3: Yes

Exterior Features

  • Home Warranty: No
  • Construction Type: Block

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Gravel2: Yes

Utilities

  • Sewer: Septic Tank
  • Appliances: None, Electric Water Heater
  • Water Source: Well
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: Yes
  • Heating:Propane: Yes

Schools

  • Junior High Dist: Dansville

Lot Info

  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1150.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2014
Closed on
Jun 25, 2014
Sold by
Fannie Mae
Bought by
Hiner Wayne
Seller's Agent
D. Michon/Michon Group
RE/MAX Real Estate Professionals
Buyer's Agent
Diana Tongen
Keller Williams Realty Lansing
List Price
$34,900
Sold Price
$20,000
Premium/Discount to List
-$14,900
-42.69%
Current Estimated Value
$240,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,826
Avg. Annual Appreciation
24.73%

Purchase Details

Closed on
Oct 21, 2013
Sold by
Onewest Bank Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 1, 2013
Sold by
Gibbs Lavern E
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Mar 29, 2001
Sold by
Olger Eric E
Bought by
Gibbs Lavern E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,779
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2000
Sold by
George Michael A and George Bonnie L
Bought by
Olger Eric E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
10%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 21, 1996
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 Buyer Sale Price Title Company
Hiner Wayne $20,000 None Available
Federal National Mortgage Association -- None Available
Onewest Bank Fsb $91,778 None Available
Gibbs Lavern E $79,000 First American Title Ins Co
Olger Eric E $62,000 First American Title Ins Co
Olger Eric E $62,000 --
-- $48,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibbs Lavern E $77,779
Previous Owner Olger Eric E $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2014 06/26/14 Sold $20,000 -42.7% $22 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $34,900 -- $39 / 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 $3,180 $74,600 $12,400 $62,200
2024 $2,974 $71,600 $11,000 $60,600
2023 $2,516 $57,400 $9,700 $47,700
2022 $2,516 $54,600 $9,700 $44,900
2021 $2,516 $51,600 $9,700 $41,900
2020 $2,437 $47,900 $9,700 $38,200
2019 $2,516 $46,000 $9,700 $36,300
2018 $2,516 $45,700 $9,700 $36,000
2017 $2,437 $46,500 $9,800 $36,700
2016 -- $45,600 $9,700 $35,900
2015 -- $41,400 $19,389 $22,011
2014 -- $34,400 $17,595 $16,805
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 56372

Greater Lansing Association of Realtors®

APN: 07-07-32-200-004