NOT LISTED FOR SALE

4922 S Pennsylvania Ave Lansing, MI 48910

Old Everett Neighborhood

Estimated Value: $132,000 - $159,000

2 Beds
1 Bath
952 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 15, 2014

Last sale price $42,000 $44 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $793/month

116 Days on Market

Highlights

  • 0.23 Acre Lot
  • Ranch Style House
  • Living Room
  • Deck
  • Covered patio or porch
  • Forced Air Heating System

About This Home

As of March 2014

SWEET 2 BEDROOM, 1 BATH, RANCH WITH A FULL BASEMENT, 2 CAR GARAGE, FENCED YARD, OVERSIZED ROOMS, AND WALKIN CLOSET, . IT IS LOCATED IN SOUTH LANSING CLOSE TO THE CITY BUS SYSTEM , SHOPPING, ENTERTAINMENT, AND MSU AND COOLEY LAW SCHOOL. PLUS AN SUPER 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 TO A MORTGAGE, A PRE APPROVAL LETTER MUST BE SUBMITTED WITH THE OFFER.? ALL BUYERS WILL BE CHARGED THE STATE TRAN AX 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.* THIS PROPERTY IS APPROVED FOR HOMEPATH RENOVATION MORTGAGE FINANCING. A $500 Selling Agent bonus is available on this property for ALL Buyers Agents who bring in a sale that closes! Ask the Agent. Eligibility restrictions apply.**Up to 3.5% closing cost assistance offered on this property if close by 5/30/2014 Agent must note request for this bonus at time of offer. Owner Occupant Buyers Only, No second homes, vacation homes, No investors, No pool/auction properties**

Last Listed By

Chris Dean

Gateway to Homes License #6506043716 Listed on: 09/02/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 952 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

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

Community Details

  • Lyncott Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 12
  • Levels: One
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1957
  • Lot Size Acres: 0.23
  • Lot Size: 60X167 .23AC
  • Subdivision Name: Lyncott
  • Above Grade Finished Sq Ft: 952.0
  • Architectural Style: Ranch
  • Living Area: 952.0
  • General Property Info:Lot Size Dimensions: 60X167 .23AC
  • General Property Info:Above Grade Finished Area: 952.0
  • General Property Info:Total Livable Area: 952.0
  • 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: 1904.0
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 2
  • Room: 4
  • Property Type: Residential
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances:None3: Yes

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

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: Lansing

Lot Info

  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1746.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2013
Closed on
Mar 14, 2014
Sold by
Fannie Mae
Bought by
Rocha Estevan Q
Seller's Agent
Chris Dean
Gateway to Homes
Buyer's Agent
Joan Spagnuolo
Oasis Realty
List Price
$54,900
Sold Price
$42,000
Premium/Discount to List
-$12,900
-23.5%
Total Days on Market
116
Current Estimated Value
$141,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,422
Avg. Annual Appreciation
11.75%
Original Mortgage
$41,239
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2013
Sold by
Rocha Ricardo S and Rocha Dorotea B
Bought by
Federal Nationla Mortgage Assn

Purchase Details

Closed on
Nov 30, 1998
Sold by
Tanto Raymond and Tanto Mary
Bought by
Rocha Ricardo S

Range of Values:

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Average Value
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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
Rocha Estevan Q $42,000 Tri County Title Agency Inc
Federal Nationla Mortgage Assn $90,932 None Available
Rocha Ricardo S $44,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rocha Estevan Q $80,000
Closed Rocha Estevan Q $77,406
Closed Rocha Estevan Q $69,190
Closed Rocha Estevan Q $57,895
Closed Rocha Estevan Q $41,239
Previous Owner Rocha Ricardo S $94,400
Previous Owner Rocha Ricardo S $83,200
Previous Owner Rocha Ricardo S $5,618
Previous Owner Rocha Ricardo S $43,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2014 03/15/14 Sold $42,000 -23.5% $44 / Sq Ft
12/27/2013 12/27/13 Pending -- -- --
09/02/2013 09/02/13 For Sale $54,900 -- $58 / 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 $20 $62,800 $10,000 $52,800
2023 $2,435 $57,600 $10,000 $47,600
2022 $2,197 $51,300 $9,500 $41,800
2021 $2,151 $47,500 $6,100 $41,400
2020 $2,138 $44,900 $6,100 $38,800
2019 $2,049 $40,700 $6,100 $34,600
2018 $1,921 $37,000 $6,100 $30,900
2017 $1,839 $37,000 $6,100 $30,900
2016 $1,714 $32,900 $6,100 $26,800
2015 $1,714 $31,400 $12,124 $19,276
2014 $1,714 $30,400 $8,660 $21,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 51750

Greater Lansing Association of Realtors®

APN: 01-01-34-355-181