NOT LISTED FOR SALE

515 Kipling Blvd Lansing, MI 48912

Foster Neighborhood

Estimated Value: $166,000 - $199,000

3 Beds
2 Baths
1,808 Sq Ft
$103/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $147,000 $81 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,045/month

23 Days on Market

Highlights

  • Deck
  • Fireplace
  • 1 Car Attached Garage
  • Sun or Florida Room
  • Porch
  • Bungalow

About This Home

As of December 2022

Perfect investment opportunity in Lansing - tenant already in place. 3br, 2ba, basement & garage. INCREDIBLE PRICE - Below Market!! This is home has been updated with new roof, shutters & gutters, furnace and c/a one year ago and brand-new electrical panel. Kitchen, baths and interior updated just a few years prior and in perfect condition. Vinyl replacement windows, interior doors and floors. Located in a quiet family subdivision and is currently tenant occupied makes this a sound investment for any investor, the property is already updated and cash flowing. Care-free and hands off for the next 5-10 yrs.

Last Listed By

Joe Militello

EXP Realty LLC License #MISPE-6501259224 Listed on: 10/03/2022

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1937

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 136x51

Parking

  • 1 Car Attached Garage

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Sun or Florida Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Midway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-01-14-127-231

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,618

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 2 Story
  • Year Built: 1937
  • Mail City: Lansing
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplaces: Natural Fireplace
  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 12 x 16
  • Bedroom 2: On Entry Level, Dimensions: 12 x 12
  • Bedroom 3: On Entry Level, Dimensions: 12 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Second, Flooring: Ceramic
  • Bathroom 2: On Level: Entry, Flooring: Ceramic
  • Room Types: Sun/Florida Room
  • Finished Below Grade Sq Ft: 700
  • Above Grade Finished Sq Ft: 1108
  • Total Finished Sq Ft: 1808

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Porch
  • Foundation: Michigan Basement
  • Frontage: 50
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 01-01-14-127-231
  • Lot Dimensions: 136x51
  • Acreage: 0.16
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $3,009.00
  • Winter Tax: Year: 2021, Amount: $609.00
  • Total Tax: Amount: $3,618.00

MLS Schools

  • School District: Lansing Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
Nov 23, 2022
Sold by
Larson Lynn M
Bought by
Mckinistry Jennifer
Seller's Agent
Joe Militello
EXP Realty LLC
List Price
$150,000
Sold Price
$147,000
Premium/Discount to List
-$3,000
-2%
Total Days on Market
23
Views
10
Current Estimated Value
$185,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,329
Avg. Annual Appreciation
9.67%

Purchase Details

Closed on
Jul 15, 2003
Sold by
Kowalk George O
Bought by
Coraci Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,700
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Mckinistry Jennifer $147,000 --
Coraci Lynn M $126,900 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckinstry Jennifer $68,000
Previous Owner Coraci Lynn M $14,000
Previous Owner Coraci Lynn M $130,700
Previous Owner Kowalk George O $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $147,000 +13.1% $81 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
10/19/2022 10/19/22 Price Changed $130,000 -13.3% $72 / Sq Ft
10/03/2022 10/03/22 For Sale $150,000 -- $83 / Sq Ft
Source: Michigan Multiple Listing Service

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 $55 $81,800 $10,800 $71,000
2023 $6,144 $75,500 $10,800 $64,700
2022 $3,705 $65,900 $10,200 $55,700
2021 $3,618 $62,400 $9,600 $52,800
2020 $3,594 $59,200 $9,600 $49,600
2019 $3,475 $53,900 $9,600 $44,300
2018 $3,292 $48,000 $9,600 $38,400
2017 $3,170 $48,000 $9,600 $38,400
2016 $3,044 $43,300 $9,600 $33,700
2015 $3,044 $42,000 $19,222 $22,778
2014 $3,044 $41,000 $13,936 $27,064
Source: Public Records

Agents Affiliated with this Home

  • Joe Militello

    Seller's Agent in 2022

    Joe Militello

    EXP Realty LLC

    (586) 914-4001

    1 in this area

    65 Total Sales

    Joe Militello
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50092014

Michigan Multiple Listing Service

APN: 01-01-14-127-231

Michigan Ingham County Lansing 48912 Foster

515 Kipling Blvd, Lansing, MI

This home is located at 515 Kipling Blvd, Lansing, MI 48912 since 03 October 2022 and is currently estimated at $185,329, approximately $102 per square foot. This property was built in 1937. 515 Kipling Blvd is a home located in Ingham County with nearby schools including Pattengill Academy, Riddle Elementary School, and Eastern Lansing 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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