NOT LISTED FOR SALE

5131 Wexford Rd Lansing, MI 48911

Wexford Heights Neighborhood

Estimated Value: $120,000 - $139,000

2 Beds
1 Bath
768 Sq Ft
$165/Sq Ft Est. Value

Last Sold May 11, 2023

Last sale price $106,000 $138 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $919/month

27 Days on Market

Highlights

  • Ranch Style House
  • Laundry Room
  • Forced Air Heating System
  • Living Room
  • Shed
  • Dining Room

About This Home

As of May 2023

Just imagine owning YOUR own home! This is the latest property presented by the Ingham County Land Bank! This 2 bedroom has a great layout to maximize the space and has been remodeled from the foundation to the roof! New tankless water heater, furnace, flooring, light fixtures, kitchen countertops and much much more! There is a shed for additional storage. Great location next to the Wexford Montessori Academy. A 20 year owner occupancy covenant will be recorded with the deed.

Last Agent to Sell the Property

Rooted Real Esta Of Greater Lansing

RE/MAX Real Estate Professionals Listed on: 02/22/2023

RE/MAX Real Estate Professionals

Co-Listed By

Margaret Gerich

RE/MAX Real Estate Professionals License #650644295

Last Buyer's Agent

Zachary Soderberg

Five Star Real Estate - Potterville License #6506046937

Five Star Real Estate - Potterville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,926

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 7,449 Sq Ft Lot
  • Lot Dimensions are 60x124.
  • Back Yard Fenced
  • Chain Link Fence

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 768 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Free-Standing Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Stacked Washer and Dryer

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Shed
  • City Lot

Community Details

  • Maple Grove Farms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,926

Year Built

Built in 1961 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Property Conditions Updated Remodeled: Yes
  • Current Use: Primary
  • Tax Year: 2022
  • Levels: One
  • Year Built: 1961
  • Lot Size Acres: 0.17
  • Lot Size: 60x124.
  • Co List Office Mls Id: 894
  • Co List Office Phone: 517-339-8255
  • Subdivision Name: Maple Grove Farms
  • Above Grade Finished Sq Ft: 768.0
  • Architectural Style: Ranch
  • Living Area: 768.0
  • New Construction: No
  • General Property Info:Lot Size Dimensions: 60x124.
  • General Property Info:Above Grade Finished Area: 768.0
  • General Property Info:Total Livable Area: 768.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Laundry Features:Main Level: Yes
  • Appliances Microwave: Yes
  • Fencing:Chain Link: Yes
  • Sewer:Public Sewer: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Other Structures:Shed(s): Yes
  • Fencing:Back Yard: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Rooms:Laundry2: Yes
  • Laundry Features:Laundry Room: Yes
  • Cooling:None8: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 768.0
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s), Pantry, Primary Downstairs
  • Total Bedrooms: 2
  • Room: 6
  • Property Type: Residential
  • Laundry Level: First
  • Full Bathrooms: 1
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Free-Standing Refrigerator: Yes
  • Appliances:Free-Standing Gas Range: Yes
  • Appliances:Gas Oven: Yes
  • Appliances:WasherDryer Stacked: Yes

Exterior Features

  • Fencing: Back Yard, Chain Link
  • Lot Features: City Lot
  • OtherStructures: Shed(s)
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Property Condition: Updated/Remodeled
  • Lot Features:City Lot: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Oven, Microwave, Water Heater, Washer/Dryer Stacked, Free-Standing Refrigerator, Free-Standing Gas Range, Electric Water Heater
  • Cooling: None
  • LaundryFeatures: Laundry Room, Main Level
  • SecurityFeatures: Smoke Detector(s)
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Water Heater: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 7448.76
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
May 11, 2023
Sold by
Ingham County Land Bank Fast Track Autho
Bought by
Phillips Alyssa A
Seller's Agent
Rooted Real Esta Of Greater Lansing
RE/MAX Real Estate Professionals
Buyer's Agent
Zachary Soderberg
Five Star Real Estate - Potterville
List Price
$110,000
Sold Price
$106,000
Premium/Discount to List
-$4,000
-3.64%
Views
129
Current Estimated Value
$126,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,689
Avg. Annual Appreciation
6.43%
Original Mortgage
$18,435
Outstanding Balance
$17,936
Interest Rate
6.32%
Estimated Equity
$104,781

Purchase Details

Closed on
Nov 1, 2021
Sold by
Schertzing Eric A
Bought by
Ingham County Land Bank

Purchase Details

Closed on
Apr 10, 1999
Sold by
Preisler Mara T and Preisler Stephen J
Bought by
Christopher William Leo and Kibbey Chanelle E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,516
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 1996
Sold by
English Duane G
Bought by
Preisler Mara
Source: Public Records

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
Phillips Alyssa A $106,000 None Listed On Document
Ingham County Land Bank $7,363 None Available
Christopher William Leo $46,900 First American Title Ins Co
Preisler Mara $38,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Alyssa A $18,435
Open Phillips Alyssa A $96,764
Previous Owner Christopher William Leo $70,000
Previous Owner Christopher William Leo $58,500
Previous Owner Christopher William Leo $46,516
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $106,000 -0.8% $138 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/14/2023 03/14/23 Price Changed $106,900 -2.8% $139 / Sq Ft
02/22/2023 02/22/23 For Sale $110,000 -- $143 / 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 $2,926 $59,800 $6,800 $53,000
2024 $23 $44,300 $6,800 $37,500
2023 $122 $0 $0 $0
2022 $119 $0 $0 $0
2021 $1,302 $20,700 $4,200 $16,500
2020 $2,053 $19,800 $4,200 $15,600
2019 $2,208 $18,500 $4,200 $14,300
2018 $1,184 $14,500 $4,200 $10,300
2017 $1,138 $14,500 $4,200 $10,300
2016 $902 $14,300 $4,200 $10,100
2015 $902 $14,100 $8,460 $5,640
2014 $902 $15,000 $13,748 $1,252
Source: Public Records

Agents Affiliated with this Home

  • Margaret Gerich

    Seller Co-Listing Agent in 2023

    Margaret Gerich

    RE/MAX Michigan

    (517) 303-0527

    2 in this area

    353 Total Sales

    Margaret Gerich
    Section Image
  • Zachary Soderberg

    Buyer's Agent in 2023

    Zachary Soderberg

    Five Star Real Estate - Potterville

    (517) 927-2256

    1 in this area

    121 Total Sales

    Zachary Soderberg
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 271391

Greater Lansing Association of Realtors®

APN: 01-05-06-126-061

Michigan Ingham County Lansing 48911 Wexford Heights

5131 Wexford Rd, Lansing, MI

This home is located at 5131 Wexford Rd, Lansing, MI 48911 since 22 February 2023 and is currently estimated at $126,689, approximately $164 per square foot. This property was built in 1961. 5131 Wexford Rd is a home located in Ingham County with nearby schools including Reo Elementary School, Attwood School, and Everett High School.

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.

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