516 Regent St Lansing, MI 48912
Fairview Area NeighborhoodEstimated Value: $95,000 - $127,000
3
Beds
1
Bath
1,336
Sq Ft
$85/Sq Ft
Est. Value
Highlights
- Deck
- Formal Dining Room
- Forced Air Heating System
- Ranch Style House
- Living Room
About This Home
As of October 2012This is a Fannie Mae HomePath property. Purchase for as little as 3% down. Approved for Homepath and HomePath Renovation Mortgage. All offers must state whether buyer is an owner occupant or investor. If owner occupant please have them sign the Owner Occupant Certification (see attachments). All offers must include a pre approval letter from a direct endorsement lender. Minimum 10% earnest money deposit if cash purchase. Cash offers to include proof of funds. All investor sales will have a 3 month deed restriction, they will not be allowed to sell or refinance for 3 months for over 20% more than purchase price. All properties to be listed in MLS for 3 days prior to any offers being submitted for owner occupants, 15 days for investors. Great investment opportunity!
Last Agent to Sell the Property
Karla Russell
RE/MAX Real Estate Professionals Dewitt Listed on: 08/28/2012
Last Buyer's Agent
Richard Gingras
RE/MAX Real Estate Professionals License #6501305265
Home Details
Home Type
- Single Family
Year Built
- Built in 1941
Lot Details
- 8,276
Parking
- 1 Car Garage
- No Driveway
Home Design
- Ranch Style House
- Aluminum Siding
Interior Spaces
- 1,336 Sq Ft Home
- Living Room
- Formal Dining Room
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- Deck
- Lot Dimensions are 127.99x66
Community Details
- Paul Park Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2012
Closed on
Sep 28, 2012
Sold by
Fannie Mae
Bought by
Spitzley Michael
Seller's Agent
Karla Russell
RE/MAX Real Estate Professionals Dewitt
Buyer's Agent
Richard Gingras
RE/MAX Real Estate Professionals
List Price
$21,000
Sold Price
$28,000
Premium/Discount to List
$7,000
33.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,211
Avg. Annual Appreciation
11.61%
Purchase Details
Closed on
Sep 1, 2011
Sold by
Bank Of America Na
Bought by
Fannie Mae and Federal National Mortgage Association
Purchase Details
Closed on
Aug 11, 2011
Sold by
Caddell Floyd and Caddell Floyd H
Bought by
Bank Of America Na
Similar Homes in Lansing, MI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spitzley Michael | $28,000 | None Available | |
| Fannie Mae | -- | None Available | |
| Bank Of America Na | $106,257 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Caddell Floyd | $105,230 | |
| Previous Owner | Caddell Floyd | $105,000 | |
| Previous Owner | Caddell Floyd | $96,000 | |
| Previous Owner | Caddell Floyd | $93,000 | |
| Previous Owner | Caddell Floyd H | $5,000 | |
| Previous Owner | Caddell Floyd | $81,000 | |
| Previous Owner | Caddell Floyd | $14,201 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2012 10/04/12 | Sold | $28,000 | +33.3% | $21 / Sq Ft |
| 09/27/2012 09/27/12 | Pending | -- | -- | -- |
| 08/28/2012 08/28/12 | For Sale | $21,000 | -- | $16 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $20 | $48,700 | $6,800 | $41,900 |
| 2023 | $2,325 | $40,400 | $6,800 | $33,600 |
| 2022 | $2,124 | $33,700 | $5,500 | $28,200 |
| 2021 | $2,075 | $31,800 | $6,100 | $25,700 |
| 2020 | $2,061 | $31,000 | $6,100 | $24,900 |
| 2019 | $1,990 | $26,700 | $6,100 | $20,600 |
| 2018 | $1,888 | $24,400 | $6,100 | $18,300 |
| 2017 | $1,817 | $24,400 | $6,100 | $18,300 |
| 2016 | $1,720 | $24,000 | $6,100 | $17,900 |
| 2015 | $1,720 | $23,300 | $12,265 | $11,035 |
| 2014 | $1,720 | $22,600 | $12,265 | $10,335 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2012
Karla Russell
RE/MAX Michigan
-
Buyer's Agent in 2012
Richard Gingras
RE/MAX Michigan
(517) 974-0505
61 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 40500
APN: 01-01-15-479-261
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