NOT LISTED FOR SALE

508 W Frederick Ave Lansing, MI 48906

Creston Neighborhood

Estimated Value: $128,000 - $141,000

4 Beds
2 Baths
1,313 Sq Ft
$101/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $108,000 $82 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $740/month

31 Days on Market

Highlights

  • 0.4 Acre Lot
  • Window Unit Cooling System
  • Parking Storage or Cabinetry
  • Main Floor Primary Bedroom
  • Living Room
  • Forced Air Heating System

About This Home

As of January 2023

WELCOME HOME TO 508 W. FREDERICK! THIS ADORABLE WELL-MAINTAINED 2 STORY HOME HAS BEEN GENTLY LIVED IN AND IS WAITING FOR A NEW OWNER! IT OFFERS OVER 1353 SQ. FT. OF LIVING SPACE INCLUDING A MOSTLY FINISHED LOWER LEVEL WITH A FULL BATH. THERE IS A FIRST FLOOR BEDROOM, FORMAL DINING, 3 SEASON'S ROOM, AND A HUGE DOUBLE LOT FENCED YARD! A 2 CAR GARAGE, COVERED SITTING DECK, A SHED AND A LOVELY YARD ARE A FEW BONUSES! THIS WILL NOT LAST LONG. OWN FOR LESS THAN RENTING TODAY

Last Listed By

Tara Fatteh

1 World Realty, LLC License #6502341528 Listed on: 11/07/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,583

Year Built

  • Built in 1930

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 104x166.5

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • Fairfield Gardens Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,583

Year Built

Built in 1930

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: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1930
  • Lot Size Acres: 0.4
  • Lot Size: 104x166.5
  • Subdivision Name: Fairfield Gardens
  • Above Grade Finished Sq Ft: 963.0
  • Living Area: 1313.0
  • General Property Info:Lot Size Dimensions: 104x166.5
  • General Property Info:Above Grade Finished Area: 963.0
  • General Property Info:Total Livable Area: 1313.0
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Full Baths B: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Levels:Two2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:Window Unit(s): Yes
  • Exterior:Vinyl Siding: Yes
  • Cooling:Exhaust Fan: Yes
  • Percent Basement Finished: Yes
  • Laundry Features:Lower Level: Yes
  • General Property Info:Building Area Total SqFt: 1787.0
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 4
  • Room: 7
  • Property Type: Residential
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 350.0
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Garage, Garage Door Opener, Overhead Storage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Overhead Storage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage2: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Microwave, Washer, Refrigerator, Range, Oven, Electric Water Heater, Dryer
  • Cooling: Exhaust Fan, Window Unit(s)
  • LaundryFeatures: Lower Level
  • 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: 17424.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 3010
  • Tax Annual Amount: 2583.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Jan 17, 2023
Sold by
Shamshudeen Shameer
Bought by
Chalfant Benjamin
Seller's Agent
Tara Fatteh
1 World Realty, LLC
Buyer's Agent
Non Member
Non Member Office
List Price
$119,000
Sold Price
$108,000
Premium/Discount to List
-$11,000
-9.24%
Total Days on Market
31
Views
78
Current Estimated Value
$133,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,061
Avg. Annual Appreciation
9.84%
Original Mortgage
$106,043
Outstanding Balance
$103,290
Interest Rate
6.33%
Mortgage Type
FHA
Estimated Equity
$31,222

Purchase Details

Listed on
Jul 16, 2020
Closed on
Aug 21, 2020
Sold by
Dunham Irene Blanche and Dunham Laurits W
Bought by
Shamshudeen Shameer
Seller's Agent
Travis Conti
Coldwell Banker Professionals-Delta
Buyer's Agent
Tara Fatteh
1 World Realty, LLC
List Price
$64,900
Sold Price
$73,000
Premium/Discount to List
$8,100
12.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.65%

Range of Values:

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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
Chalfant Benjamin $108,000 --
Shamshudeen Shameer $73,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chalfant Benjamin $106,043
Previous Owner Jurek Chester $82,200
Closed Chalfant Benjamin $9,321
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $108,000 -0.9% $82 / Sq Ft
11/19/2022 11/19/22 Price Changed $109,000 -8.4% $83 / Sq Ft
11/07/2022 11/07/22 For Sale $119,000 +63.0% $91 / Sq Ft
08/21/2020 08/21/20 Sold $73,000 +12.5% $54 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $64,900 -- $48 / 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
2024 $28 $54,400 $9,800 $44,600
2023 $2,926 $47,800 $9,800 $38,000
2022 $2,637 $44,400 $11,000 $33,400
2021 $2,583 $41,600 $11,500 $30,100
2020 $1,863 $40,300 $11,500 $28,800
2019 $1,785 $38,600 $11,500 $27,100
2018 $1,674 $38,100 $11,500 $26,600
2017 $1,602 $38,100 $11,500 $26,600
2016 $1,532 $37,600 $11,500 $26,100
2015 $1,532 $36,000 $23,010 $12,990
2014 $1,532 $35,500 $24,653 $10,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 269698

Greater Lansing Association of Realtors®

APN: 01-01-04-103-051