501 W Lenawee St Lansing, MI 48933
Downtown Lansing NeighborhoodEstimated Value: $119,000 - $152,000
4
Beds
2
Baths
1,592
Sq Ft
$84/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Den
- Porch
- Main Floor Bedroom
- Formal Dining Room
- 4-minute walk to Reutter Park
About This Home
As of March 2023Great opportunity for this spacious 4 bedroom, 2 full bath home located in the heart of downtown Lansing, just steps to the Capitol, Lugnuts Stadium, Capitol City Market, Cooley Law & so much more! This home features gorgeous hardwood floors, some of the original wood trim and a wonderful open living room/dining room combo with a sunroom that overlooks the city that makes for a great office as well! Numerous windows allow for lots of natural light. The kitchen has newer floors and the home has been freshly painted. There is one bedroom on the main level as well as a full bathroom with a walk-in shower. The upstairs has three additional spacious bedrooms and a convenient second full bath. The full basement is perfect for storage with easy access. The location makes for a great primary home or investment as a rental, as it is so close to Cooley, and downtown Lansing!
Last Agent to Sell the Property
RE/MAX Real Estate Professionals Dewitt License #6501387790 Listed on: 02/22/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,202
Year Built
- Built in 1910
Lot Details
- 4,182 Sq Ft Lot
- Lot Dimensions are 32x66
Home Design
- Traditional Architecture
- Shingle Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 1,592 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Entrance Foyer
- Living Room
- Formal Dining Room
- Den
- Fire and Smoke Detector
Kitchen
- Oven
- Range
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
- Natural lighting in basement
Parking
- Gravel Driveway
- Shared Driveway
Outdoor Features
- Porch
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
Community Details
- Original Of Lansing Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 22, 2023
Closed on
Mar 22, 2023
Sold by
Jenkins Jason
Bought by
Metro Acres Real Estate Investments Llc
Seller's Agent
Missy Lord
RE/MAX Real Estate Professionals Dewitt
Buyer's Agent
Max Billinghurst
Keller Williams Realty Lansing
List Price
$119,900
Sold Price
$109,900
Premium/Discount to List
-$10,000
-8.34%
Views
21
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
$24,342
Avg. Annual Appreciation
9.17%
Original Mortgage
$82,425
Outstanding Balance
$80,521
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$53,721
Purchase Details
Closed on
Aug 13, 2004
Sold by
Goodman William R and Goodman Catherine J
Bought by
Jenkins Jason and Hanselman Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,160
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 11, 2004
Sold by
Buck Roxann
Bought by
Goodman William R and Goodman Catherine J
Purchase Details
Closed on
Jan 8, 2002
Sold by
Clark Almeda and Barger Jackie
Bought by
Buck Roxann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Lansing, MI
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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 |
|---|---|---|---|
| Metro Acres Real Estate Investments Llc | $109,900 | Diversified National Title | |
| Jenkins Jason | $112,400 | Midstate | |
| Goodman William R | $85,000 | Metropolitan Title Okemos | |
| Buck Roxann | $35,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Metro Acres Real Estate Investments Llc | $82,425 | |
| Previous Owner | Jenkins Jason | $101,160 | |
| Previous Owner | Buck Roxann | $15,475 | |
| Previous Owner | Buck Roxann | $31,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2023 03/22/23 | Sold | $109,900 | -8.3% | $69 / Sq Ft |
| 02/26/2023 02/26/23 | Pending | -- | -- | -- |
| 01/13/2023 01/13/23 | For Sale | $119,900 | -- | $75 / 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 | $38 | $54,700 | $3,200 | $51,500 |
| 2023 | $2,411 | $45,100 | $3,200 | $41,900 |
| 2022 | $2,202 | $39,500 | $2,500 | $37,000 |
| 2021 | $2,151 | $35,000 | $3,700 | $31,300 |
| 2020 | $2,136 | $31,900 | $3,700 | $28,200 |
| 2019 | $2,063 | $28,200 | $3,700 | $24,500 |
| 2018 | $1,957 | $25,800 | $3,700 | $22,100 |
| 2017 | $1,883 | $25,800 | $3,700 | $22,100 |
| 2016 | $1,915 | $25,300 | $3,700 | $21,600 |
| 2015 | $1,915 | $24,200 | $7,436 | $16,764 |
| 2014 | $1,915 | $25,300 | $12,500 | $12,800 |
Source: Public Records
Agents Affiliated with this Home
-
Missy Lord
Seller's Agent in 2023
Missy Lord
RE/MAX Michigan
(517) 204-6279
4 in this area
513 Total Sales
-
Max Billinghurst
M
Buyer's Agent in 2023
Max Billinghurst
Keller Williams Realty Lansing
(269) 339-1431
4 in this area
104 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 270811
APN: 01-01-16-357-161
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