NOT LISTED FOR SALE

500 Chilson Ave Lansing, MI 48906

Creston Neighborhood

Estimated Value: $119,500

4 Beds
2 Baths
1,800 Sq Ft
$66/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $48,600 $27 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $741/month

91 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Shed
  • Main Floor Primary Bedroom
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2017

HUD HOME. FHA CASE #263-421033. SOLD ''AS IS'' BY ELECTRONIC BID ONLY, WITHOUT ANY WARRANTY BY SELLER. ALL INFO PER APPRAISER. ROOM SIZES ARE APPROXIMATE. THIS HOME HAS A TON OF POTENTIAL. 4 BDRM, 2 FULL BATHROOMS, QUIET LOCATION, BUILT IN 1980, 2 CAR DETACHED GARAGE, SHED, FULL/PARTIAL FINISHED BASEMENT. 1216 SQ FT. ENCLOSED YARD WITH GATE, SHED AND LARGE DOG ENCLOSURE. DECK GREAT VALUE - SEV $40,400 AND CONVENIENTLY LOCATED. TAKE A VISIT TODAY. IE - INSURED W/ ESCROW REPAIRS.
Agent to Agent Remarks: VISIT WWW.HUDHOMESTORE.COM TO PLACE A BID. VISIT WWW.SAGEACQ.COM FOR FORMS, LEAD BASE PAINT, RADON GAS AND MOLD NOTICES, ELECTRONIC BIDDING AND EMD PROCEDURES. EARN UP TO 3% COMMISSION.

Last Agent to Sell the Property

Tricia Spain

Coldwell Banker Professionals-Delta License #6501330879 Listed on: 03/06/2017

Coldwell Banker Professionals-Delta

Co-Listed By

Jeannette Garr

Coldwell Banker Professionals-Delta License #6501274338

Last Buyer's Agent

Vern Fosket

Coldwell Banker Professionals-Delta License #6501394741

Coldwell Banker Professionals-Delta

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50x179.75

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2015
  • Levels: One and One Half
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1980
  • Lot Size Acres: 0.21
  • Lot Size: 50x179.75
  • Co List Office Mls Id: 229
  • Co List Office Phone: 517-321-1000
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1000.0
  • Living Area: 1800.0
  • General Property Info:Lot Size Dimensions: 50x179.75
  • General Property Info:Above Grade Finished Area: 1000.0
  • General Property Info:Total Livable Area: 1800.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Other Structures:Shed(s): Yes
  • Cooling:Central Air: Yes
  • Levels:One and One Half: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • General Property Info:Building Area Total SqFt: 2016.0
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s)
  • Total Bedrooms: 4
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Other Level: First
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 800.0
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • OtherStructures: Shed(s)
  • 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: Disposal, Gas Water Heater, Refrigerator, Range, Oven, Dishwasher
  • Cooling: Central Air
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 3314
  • Tax Annual Amount: 2933.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
May 17, 2017
Sold by
Secretary Of Housing And Urnban Developm
Bought by
Pankow Daniel Paul
Seller's Agent
Tricia Spain
Coldwell Banker Professionals-Delta
Buyer's Agent
Vern Fosket
Coldwell Banker Professionals-Delta
List Price
$54,000
Sold Price
$48,600
Premium/Discount to List
-$5,400
-10%
Current Estimated Value
$119,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,900
Original Mortgage
$43,740
Outstanding Balance
$22,751
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2016
Sold by
Penny Mac Loan Services Llc
Bought by
The Secretary Of Housing And Urban Devel

Purchase Details

Closed on
Dec 10, 2015
Sold by
Schneider Lawrence L and Schneider Michelle Ann
Bought by
Pennymac Loan Services Llc

Purchase Details

Closed on
May 7, 2008
Sold by
Schneider Lawrence L
Bought by
Schneider Lawrence L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,722
Interest Rate
5.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 25, 2001
Sold by
Smith Willie R and Smith Mary J
Bought by
Schneider Lawrence L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,345
Interest Rate
7.16%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 1993
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pankow Daniel Paul $48,600 Midstate Title Agency Llc
The Secretary Of Housing And Urban Devel -- None Available
Pennymac Loan Services Llc $59,250 None Available
Schneider Lawrence L -- First American
Schneider Lawrence L $88,300 --
-- $53,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pankow Daniel Paul $43,740
Previous Owner Schneider Lawrence L $82,722
Previous Owner Schneider Lawrence L $86,345
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2017 05/22/17 Sold $48,600 -10.0% $27 / Sq Ft
03/23/2017 03/23/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $54,000 0.0% $30 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
01/11/2017 01/11/17 Price Changed $54,000 -10.0% $30 / Sq Ft
12/22/2016 12/22/16 For Sale $60,000 -- $33 / 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
2020 $2,563 $45,800 $7,200 $38,600
2019 $2,482 $40,200 $7,200 $33,000
2018 $3,851 $41,100 $7,200 $33,900
2017 $2,280 $41,100 $7,200 $33,900
2016 $2,900 $40,400 $7,200 $33,200
2015 $2,900 $39,500 $14,405 $25,095
2014 $2,900 $39,000 $14,405 $24,595
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tricia Spain

    Coldwell Banker Professionals-Delta

    Section Image

  • J

    Seller Co-Listing Agent in 2017

    Jeannette Garr

    Coldwell Banker Professionals-Delta

    Section Image

  • V

    Buyer's Agent in 2017

    Vern Fosket

    Coldwell Banker Professionals-Delta

    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 211953

Greater Lansing Association of Realtors®

APN: 01-01-04-426-572

Michigan Ingham County Lansing 48906 Creston

500 Chilson Ave, Lansing, MI

Not Listed for Sale

Detached

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