501 N Foster Ave Lansing, MI 48912
Foster NeighborhoodEstimated Value: $96,000 - $116,000
3
Beds
1
Bath
1,218
Sq Ft
$86/Sq Ft
Est. Value
Highlights
- Covered patio or porch
- Forced Air Heating System
- Dining Room
- Living Room
About This Home
As of November 2014Welcome to 501 N Foster, a cozy Eastside Bungalow with a fantastic location near MSU and Downtown Lansing. Walk to parks, restaurants, pubs, and the El Oasis taco truck! Enjoy a large front porch, which connects this home with the vibrant Eastside community. The interior features all brand new carpeting and fresh paint. The kitchen has a pass through to a formal dining room. There are two bedrooms as well as a study/den area on the second floor. Newer windows are a nice upgrade as is maintenance-free siding and a low maintenance yard. This home is a must see!
Last Agent to Sell the Property
RE/MAX Real Estate Professionals License #6502356510 Listed on: 08/18/2014
Home Details
Home Type
- Single Family
Year Built
- Built in 1919
Lot Details
- 1,742 Sq Ft Lot
- Lot Dimensions are 33x52
Home Design
- Aluminum Siding
Interior Spaces
- 1.5-Story Property
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
Kitchen
- Oven
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Covered patio or porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Electric Water Heater
Community Details
- Foster Farm Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 18, 2014
Closed on
Nov 19, 2014
Sold by
Murdock Christian W and Murdock Maria V
Bought by
Murphy Margaret A
Seller's Agent
Adriane Lau
RE/MAX Real Estate Professionals
Buyer's Agent
Kathy Reddington
Berkshire Hathaway HomeServices
List Price
$54,900
Sold Price
$41,936
Premium/Discount to List
-$12,964
-23.61%
Total Days on Market
86
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,630
Avg. Annual Appreciation
8.49%
Purchase Details
Closed on
Oct 10, 2005
Sold by
Kamm Gwen M
Bought by
Murdock Christian W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jul 1, 1994
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-
$95,000
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- 311 S Foster Ave
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Are you looking to possibly take advantage of the brand new Ingham County Down Payment Assistance Program? Here's the property, so you could get started. Whether you love the location due to campus being nearby, the park just a hundred yards away, or the employers in the area, you could be the beneficiary of the renovations done to this adorable affordable home. It's been completely updated with
Jordan Genso RE/MAX Platinum
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Murphy Margaret A | $41,936 | Midstate Title Agency Llc | |
| Murdock Christian W | $75,000 | None Available | |
| -- | $30,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Murdock Christian | $47,200 | |
| Previous Owner | Murdock Christian W | $60,000 | |
| Previous Owner | Kamm Steven | $28,696 | |
| Previous Owner | Kamm Steven | $14,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/19/2014 11/19/14 | Sold | $41,936 | -23.6% | $34 / Sq Ft |
| 11/12/2014 11/12/14 | Pending | -- | -- | -- |
| 08/18/2014 08/18/14 | For Sale | $54,900 | -- | $45 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $14 | $35,400 | $3,800 | $31,600 |
| 2023 | $1,669 | $32,500 | $3,800 | $28,700 |
| 2022 | $1,509 | $30,500 | $3,100 | $27,400 |
| 2021 | $1,478 | $28,300 | $3,100 | $25,200 |
| 2020 | $1,468 | $26,700 | $3,100 | $23,600 |
| 2019 | $2,434 | $25,600 | $3,100 | $22,500 |
| 2018 | $1,319 | $24,200 | $3,100 | $21,100 |
| 2017 | $1,262 | $24,200 | $3,100 | $21,100 |
| 2016 | $1,584 | $21,900 | $3,100 | $18,800 |
| 2015 | $1,584 | $21,000 | $6,261 | $14,739 |
| 2014 | $1,584 | $20,700 | $4,383 | $16,317 |
Source: Public Records
Agents Affiliated with this Home
-
Adriane Lau
Seller's Agent in 2014
Adriane Lau
RE/MAX Michigan
(517) 881-5182
16 in this area
337 Total Sales
-
Kathy Reddington
Buyer's Agent in 2014
Kathy Reddington
Berkshire Hathaway HomeServices
(517) 230-6995
1 in this area
28 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 62567
APN: 01-01-14-105-251
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Copyright © 2025 Greater Lansing Association of REALTORS®
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