NOT LISTED FOR SALE

502 S Fairview Ave Lansing, MI 48912

Fairview Area Neighborhood

Estimated Value: $161,000 - $179,000

3 Beds
2.5 Baths
1,456 Sq Ft
$116/Sq Ft Est. Value

Sale Details

Date Sold: April 23, 2025

Last sale price $185,000 $127 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $895 / mo

13 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • Covered Patio or Porch
  • Deck
  • Corner Lot
  • 5-minute walk to Foster Park

About This Home

As of April 2025

Be a homeowner for as little $1,000 down! DPA is available through Ingham County's Housing Trust Fund up to $30,000! See attached flyer for program requirements. Buyer's must income qualify. See attached documents for additional information. There is a gap mortgage. Call for more information- I know this one is different. Maximum income for buyers:1 person household77,550; 2 person 88,600; 3 person 99700; 4 person 110750; 5 person 119600; 6 person 128500; 7 person 137350; 8 person 146200. Funding requirements will require a gap silent second mortgage that is forgiven after 20 years, but there is prorated forgiveness for each year the owner is there. We know there will be lots of questions- we have answers. All offers must be accompanied by a fully completed application attached.

Last Agent to Sell the Property

Rooted Real Esta Of Greater Lansing

RE/MAX Real Estate Professionals Listed on: 01/30/2025

RE/MAX Real Estate Professionals

Co-Listed By

Margaret Gerich

RE/MAX Real Estate Professionals License #650644295

Last Buyer's Agent

Lisa Urdaneta

EXIT Realty Home Partners License #6501459696

EXIT Realty Home Partners

Property Details

Home Type

  • Modular Prefabricated Home

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 8,364 Sq Ft Lot
  • Lot Dimensions are 66x127
  • Corner Lot

Parking

  • Driveway

Home Design

  • Single Family Detached Home
  • Traditional Architecture
  • Modular Prefabricated Home
  • Vinyl Siding

Interior Spaces

  • 1,456 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • ENERGY STAR Qualified Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Stubbed For A Bathroom
  • Basement Window Egress

Accessible Home Design

  • Visitor Bathroom
  • Visitable
  • Accessible Doors
  • Accessible Approach with Ramp
  • Accessible Entrance

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

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

Community Details

  • Leslie Park Subdivision

Property Details

Home Type

Modular Prefabricated Home

Year Built

Built in 2024 | New Construction

Lot Details

8,364 Sq Ft Lot

Listing Details

  • Property Conditions Completion Date: 2024-07-01
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2024
  • Above Grade Finished Sq Ft: 1456.0
  • Architectural Style: Modular, Traditional
  • New Construction: Yes
  • General Property Info:Lot Size Dimensions: 66x127
  • General Property Info:Reserved Items: No
  • General Property Info:Above Grade Finished Area: 1456.0
  • General Property Info:Level 2 Finished Area: 728.0
  • General Property Info:Level 1 Finished Area: 728.0
  • General Property Info:Total Livable Area: 1456.0
  • Other Structures:Shed(s): Yes
  • Property Conditions:New Construction5: Yes
  • Architectural Style:Traditional: Yes
  • Architectural Style:Modular: Yes
  • General Property Info:Living Area Source: Builder
  • Special Features: 4098

Interior Features

  • Basement: Bath/Stubbed, Egress Windows, Full
  • Heating: ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
  • Interior Amenities: Pantry
  • Total Bedrooms: 3
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Accessibility Features: Accessible Approach with Ramp, Accessible Central Living Area, Accessible Doors, Accessible Entrance, Central Living Area, Visitor Bathroom
  • Levels: Two
  • Bedroom 3 Level: Second
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Area: 1456.0
  • ResoLivingAreaSource: Builder
  • Baths:_pound_Full Baths 2: 2
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Bedroom 2: Yes
  • Rooms:Bedroom 3: Yes
  • Rooms:Dining Room2: Yes
  • Rooms:Kitchen2: Yes
  • Rooms:Kitchen Level2: First
  • Rooms:Living Room2: Yes
  • Rooms:Primary Bedroom2: Yes
  • Primary Bedroom Level: Second
  • Full Basement: Yes
  • Levels:Two2: Yes
  • Laundry Features:In Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Pantry: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Basement:Egress Windows: Yes
  • Basement:BathStubbed: Yes
  • General Property Info:SqFt - Basement: 728.0

Exterior Features

  • Lot Features: Corner Lot
  • OtherStructures: Shed(s)
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Property Condition: New Construction
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Front Porch: Yes
  • Exterior:Vinyl Siding: Yes
  • Lot Features:Corner Lot: Yes
  • Accessibility Features:Accessible Doors: Yes
  • Accessibility Features:Visitor Bathroom: Yes
  • Accessibility Features:Accessible Approach with Ramp: Yes
  • Accessibility Features:Accessible Central Living Area: Yes
  • Accessibility Features:Accessible Entrance: Yes
  • Accessibility Features:Central Living Area: Yes

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Microwave, Stainless Steel Appliance(s), Water Heater, Washer, Refrigerator, Range, Oven, Dryer, Dishwasher
  • Cooling: Central Air
  • LaundryFeatures: In Basement
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:Central Air: Yes
  • Water Heater: Yes
  • Heating:ENERGY STAR Qualified Equipment: Yes
  • Water Source:Public: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size: 66x127
  • Lot Size Sq Ft: 8363.52
  • ResoLotSizeUnits: Acres
  • Location Legal Info:Real Estate Owned: No

Tax Info

  • Tax Info:Taxable Value: 92500.0
  • Tax Info:State Eq Value: 92500.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Apr 23, 2025
Sold by
Bought by
Seller's Agent
Rooted Real Esta Of Greater Lansing
RE/MAX Real Estate Professionals
Buyer's Agent
Lisa Urdaneta
EXIT Realty Home Partners
List Price
$185,000
Sold Price
$185,000
Views
440
Current Estimated Value
$168,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,333
Avg. Annual Appreciation
-7.30%
Original Mortgage
$164,250
Interest Rate
0.0667%
Mortgage Type
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$185,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $164,250
Previous Owner $210,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/23/2025 04/23/25 Sold $185,000 0.0% $127 / Sq Ft
02/12/2025 02/12/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $185,000 -- $127 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 -- $109,200 $7,600 $101,600
2025 -- $0 $0 $0
2024 $0 $0 $0 $0
2023 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margaret Gerich

    Seller Co-Listing Agent in 2025

    Margaret Gerich

    RE/MAX Michigan

    (517) 303-0527

    12 in this area

    345 Total Sales

    Margaret Gerich
    Section Image

  • L

    Buyer's Agent in 2025

    Lisa Urdaneta

    EXIT Realty Home Partners

    (517) 515-4095

    1 in this area

    11 Total Sales

    Lisa Urdaneta
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 285995

Greater Lansing Association of Realtors®

APN: 01-01-14-357-202

Michigan Ingham County Lansing 48912 Fairview Area

502 S Fairview Ave, Lansing, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lansing Association of Realtors® IDX information is provided exclusively for Consumers'
personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2026 Greater Lansing Association of REALTORS®

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