NOT LISTED FOR SALE

505 Richard Ave Lansing, MI 48917

Estimated Value: $244,000 - $305,000

3 Beds
2.5 Baths
1,895 Sq Ft
$147/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $254,000 $134 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,933/month

Highlights

  • Main Floor Primary Bedroom
  • Porch
  • Living Room
  • Formal Dining Room
  • 2 Car Attached Garage
  • Shed

About This Home

As of May 2022

Welcome to 505 Richard! This all-brick cape cod has been lovingly maintained by the same family since it was built in 1953. The charm and character are everywhere as are updates to make this home functional and move-in ready. There is a large 2 car garage, attached to the house by a breezeway, which will be the perfect drop zone for muddy boots and shoes. The kitchen has had a mini-update and features fresh paint, new flooring, new hardware, as well as lots of cabinet and counter-space. The kitchen overlooks a large room with gleaming hardwood floors that could be a formal dining room or living space. There is also a family room with luxurious and unique redwood walls, brand new carpet, and a mid-century ,chic, stone fireplace. Also, on the main floor you will find two bedrooms and two full bathrooms, including a primary suite with a work-from-home/den area, large bedroom, walk-in closet, and a private bathroom. Upstairs, the mid-century charm continues with a large third bedroom with knotty-pine walls tucked in the eaves of the house. There are so many nooks and crannies to make this space interesting and adorable. There is also a renovated half bath and lots of storage spaces, including a walk-in attic. The full basement is fresh and clean and includes many newer mechanicals, including a water heater (2022), furnace (2021), central air (2021), new supply lines (2022). Other features include a double lot with mature trees, a backyard shed, and a convenient location around the corner from shopping and entertainment.

Last Agent to Sell the Property

Rooted Real Esta Of Greater Lansing

RE/MAX Real Estate Professionals Listed on: 04/14/2022

RE/MAX Real Estate Professionals

Co-Listed By

Adriane Lau

RE/MAX Real Estate Professionals License #6502356510

Last Buyer's Agent

Danielle French

Keller Williams Realty Lansing License #6501386838

Keller Williams Realty Lansing

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1953

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 110x130

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,895 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Shed
  • Breezeway
  • Porch

Utilities

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

Community Details

  • Oak Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,770

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2021
  • Levels: One and One Half
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1953
  • Lot Size Acres: 0.33
  • Lot Size: 110x130
  • Co List Office Mls Id: 894
  • Co List Office Phone: 517-339-8255
  • Subdivision Name: Oak Park
  • Above Grade Finished Sq Ft: 1895.0
  • Living Area: 1895.0
  • General Property Info:Lot Size Dimensions: 110x130
  • General Property Info:Above Grade Finished Area: 1895.0
  • General Property Info:Total Livable Area: 1895.0
  • Baths:_pound_Full Baths 1: 2
  • Baths:_pound_Half Baths 2: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Laundry Features:In Basement: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Shed(s): Yes
  • Cooling:Central Air: Yes
  • Levels:One and One Half: Yes
  • Improvements:Formal Dining Room: Yes
  • Exterior:Brick: Yes
  • Improvements:Breezeway: Yes
  • General Property Info:Building Area Total SqFt: 2699.0
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s)
  • Total Bedrooms: 3
  • Room: 7
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Fireplace Features:Gas3: Yes

Exterior Features

  • Roof: Shingle
  • OtherStructures: Shed(s)
  • Patio And Porch Features: Porch
  • Home Warranty: No
  • Construction Type: Brick
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Attached, Concrete Driveway, Garage Door Opener
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Concrete Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Microwave, Washer, Refrigerator, Range, Oven, Dryer, Dishwasher
  • Cooling: Central Air
  • LaundryFeatures: In Basement
  • 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: Waverly

Lot Info

  • Lot Size Sq Ft: 14287.68
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2770.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
May 13, 2022
Sold by
Charles Mclravy Ii Robert
Bought by
Couture Nicholas and Couture Alexia
Seller's Agent
Rooted Real Esta Of Greater Lansing
RE/MAX Real Estate Professionals
Buyer's Agent
Danielle French
Keller Williams Realty Lansing
List Price
$229,900
Sold Price
$254,000
Premium/Discount to List
$24,100
10.48%
Current Estimated Value
$279,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,278
Avg. Annual Appreciation
2.85%
Original Mortgage
$249,399
Outstanding Balance
$237,701
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$41,577

Purchase Details

Closed on
Jan 19, 2018
Sold by
Charles Mclravy Robert
Bought by
Mclravy Robert Charles and Mclravy Robert Charles
Source: Public Records

Range of Values:

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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
Couture Nicholas $254,000 Ata National Title Group
Mclravy Robert Charles -- Oade Gerald L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Couture Nicholas $249,399
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $254,000 +10.5% $134 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $229,900 -- $121 / 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
2025 $5,419 $130,800 $0 $0
2024 $3,204 $127,600 $0 $0
2023 $3,080 $117,200 $0 $0
2022 $2,784 $88,300 $0 $0
2021 $2,723 $81,400 $0 $0
2020 $2,815 $75,800 $0 $0
2019 $2,789 $72,894 $0 $0
2018 $2,755 $70,800 $0 $0
2017 $2,647 $67,200 $0 $0
2016 -- $60,800 $0 $0
2015 -- $59,300 $0 $0
2014 -- $57,400 $0 $0
2013 -- $56,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adriane Lau

    Seller Co-Listing Agent in 2022

    Adriane Lau

    RE/MAX Michigan

    (517) 881-5182

    24 in this area

    328 Total Sales

    Adriane Lau
    Section Image

  • D

    Buyer's Agent in 2022

    Danielle French

    Keller Williams Realty Lansing

    (517) 853-6390

    5 in this area

    81 Total Sales

    Danielle French
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 264072

Greater Lansing Association of Realtors®

APN: 040-068-000-150-00

Michigan Eaton County Lansing 48917

505 Richard Ave, Lansing, MI

This home is located at 505 Richard Ave, Lansing, MI 48917 since 14 April 2022 and is currently estimated at $279,278, approximately $147 per square foot. This property was built in 1953. 505 Richard Ave is a home located in Eaton County with nearby schools including Waverly Senior High School, Greater Lansing Adventist School, and St. Gerard Elementary School.

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