$72,600
SOLD JUN 24, 2024
5 Beds
2 Baths
1,216 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$60 Per Sq Ft

31% Below List Price

85 Days on Market

Highlights

  • City View
  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Traditional Architecture
  • Covered patio or porch
  • Built-In Features

About This Home

As of June 2024

Welcome to 516 Smith Ave in Lansing! This is a good sized two story home with five bedrooms and two full baths. There are two additional rooms for use as storage or office space. Decent sized kitchen with built in laundry area. Good central location close to amenities, schools and public transportation! Just blocks from the Lansing River Trail. Call today for more information ! HUD Home. Seller may contribute up to 3% for a buyer's closing costs upon request. See kmmrealty.com for for more information on Lead-based paint and Radon Gas and Mold Notices, Electronic bidding and EMD procedures. All properties sold ''as-is'' without guarantee or warranty by seller. Subject to appraisal FHA #263-674614 Insurability IE Equal Housing Opportunity

Last Agent to Sell the Property

Laura Olson

Keller Williams Realty Lansing License #6501313355 Listed on: 03/05/2024

Keller Williams Realty Lansing

Last Buyer's Agent

Margaret Gerich

RE/MAX Real Estate Professionals License #650644295

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1914

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 33x156.75
  • Few Trees
  • Back and Front Yard

Property Views

  • City
  • Neighborhood

Home Design

  • Traditional Architecture
  • Block Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,216 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room
  • Formal Dining Room

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Laundry in Kitchen
  • Electric Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Block Basement Construction

Parking

  • No Garage
  • Alley Access
  • Driveway
  • On-Site Parking

Outdoor Features

  • Covered patio or porch
  • Rain Gutters

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Connected

Listing and Financial Details

  • HUD Owned

Community Details

Recreation

  • Park

Additional Features

  • Park Place Subdivision
  • Office

Home Details

Home Type

Single Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Primary
  • Tax Year: 23
  • EntryLevel: 1
  • Levels: Two
  • Year Built: 1914
  • Lot Size Acres: 0.12
  • Lot Size: 33x156.75
  • Subdivision Name: Park Place
  • Above Grade Finished Sq Ft: 1216.0
  • Architectural Style: Traditional
  • Living Area: 1216.0
  • General Property Info:Lot Size Dimensions: 33x156.75
  • General Property Info:Above Grade Finished Area: 1216.0
  • General Property Info:Total Livable Area: 1216.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Laundry Features:Main Level: Yes
  • Levels:Two2: Yes
  • Location Legal Info:Real Estate Owned: No
  • Laundry Features:Electric Dryer Hookup: Yes
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Foundation Details:Block4: Yes
  • Electric:_one_00 Amp Service: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Water Connected: Yes
  • View:Neighborhood: Yes
  • Roof:Shingle: Yes
  • General Property Info:ECO Friendly Features: No
  • Improvements:Formal Dining Room: Yes
  • Exterior:Wood Siding: Yes
  • Utilities:Natural Gas Connected: Yes
  • Architectural Style:Traditional: Yes
  • Rooms:Office: Yes
  • Flooring:Ceramic Tile: Yes
  • Cooling:None8: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Sewer Connected: Yes
  • View:City4: Yes
  • Electric:Circuit Breakers: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1984.0
  • Special Listing Cond:HUD Owned: Yes
  • Special Features: None

Interior Features

  • Basement: Block, Exterior Entry, Full
  • Heating: Central, Forced Air, Natural Gas
  • EntryLocation: Front door
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Built-in Features, Primary Downstairs
  • Total Bedrooms: 5
  • Room: 10
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: Second
  • Office Level: Second
  • Other Level: First
  • SpaFeatures: None
  • Full Bathrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Full Basement: Yes
  • Basement:Exterior Entry: Yes
  • Fireplace Features:None4: Yes
  • Community Features:Curbs: Yes
  • Community Features:Sidewalks: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Built-in Features: Yes
  • Community Features:Park: Yes
  • Basement:Block2: Yes
  • Community Features:Street Lights: Yes
  • Laundry Features:In Kitchen: Yes
  • Appliances:None3: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Rain Gutters
  • Fencing: None
  • Foundation Details: Block
  • Lot Features: Back Yard, City Lot, Few Trees, Front Yard
  • OtherStructures: None
  • PoolFeatures: None
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt, Paved
  • Patio And Porch Features: Covered, Front Porch
  • View: City, Neighborhood
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Lot Features:Back Yard2: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Front Yard2: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Front Porch: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Few Trees: Yes

Garage/Parking

  • Parking Features: Alley Access, Driveway, No Garage, On Site
  • Attached Garage: No
  • Parking Features:On Site: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Alley Access: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: None
  • Cooling: None
  • Electric: 100 Amp Service, Circuit Breakers
  • LaundryFeatures: Electric Dryer Hookup, In Kitchen, Main Level
  • Utilities: Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Park, Sidewalks, Street Lights

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3668.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Jun 3, 2024
Sold by
Secretary/Housing & Urban Dev
Bought by
Department Of Hud
Seller's Agent
Laura Olson
Keller Williams Realty Lansing
Buyer's Agent
Margaret Gerich
RE/MAX Real Estate Professionals
List Price
$105,000
Sold Price
$72,600
Premium/Discount to List
-$32,400
-30.86%
Views
348
Current Estimated Value
$100,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,379
Avg. Annual Appreciation
35.73%

Purchase Details

Closed on
May 4, 2023
Sold by
Ingham County
Bought by
Shellpoint Mortgage Servicing

Purchase Details

Listed on
May 11, 2021
Closed on
Jun 28, 2021
Sold by
Hip Homes Llc
Bought by
Carter Bryan Geoff
Seller's Agent
HBB Realtors
Coldwell Banker Realty -Stadium
Buyer's Agent
Cory Brondyke
EXIT Realty Home Partners
List Price
$89,900
Sold Price
$105,000
Premium/Discount to List
$15,100
16.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.95%
Original Mortgage
$103,098
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 15, 2016
Closed on
Aug 11, 2016
Sold by
Ksiazkiewicz Kenneth P
Bought by
Hip Homes Llc
Seller's Agent
Natan Espinosa
NatanEspinosa.com
Buyer's Agent
Natan Espinosa
NatanEspinosa.com
List Price
$34,500
Sold Price
$26,500
Premium/Discount to List
-$8,000
-23.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.60%

Purchase Details

Closed on
Apr 29, 2016
Sold by
Member Of Nv Bounds Trucking Llc
Bought by
Ksiazkiewicz Kenneth P

Purchase Details

Closed on
Mar 9, 2015
Sold by
Cr Capital Group Llc
Bought by
Nv Bounds Trucking Llc

Purchase Details

Listed on
Oct 16, 2013
Closed on
Jan 13, 2014
Sold by
Us Bank Na
Bought by
Capital Group Llc
Seller's Agent
Randal Newhouse
ForSaleByOwner.com Referral Services, LLC
Buyer's Agent
Randal Newhouse
ForSaleByOwner.com Referral Services, LLC
List Price
$26,000
Sold Price
$10,200
Premium/Discount to List
-$15,800
-60.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.85%

Purchase Details

Closed on
Apr 4, 2013
Sold by
Byrd Greg and Angel Melody
Bought by
Us Bank Na

Purchase Details

Closed on
Jul 11, 2002
Sold by
Thompson Kevin T
Bought by
Byrd Gregory and Angel Melody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2001
Sold by
Norwest Bank Minnesota Na
Bought by
Thompson Kevin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2000
Sold by
Leighty Leighton L
Bought by
Norwest Bank Of Minnesota and Southern Pacific Secured Assets Corp Mtg

Purchase Details

Closed on
May 13, 1998
Sold by
Duffy John and Duffy Debra
Bought by
Leighty Leighton L

Purchase Details

Closed on
Aug 22, 1997
Sold by
Duffy John and Duffy Debra
Bought by
Leighty Leighton L

Purchase Details

Closed on
Sep 18, 1996
Sold by
Keenan Kelly
Bought by
Duffy John
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $72,600 Transnation Title
Sheriffs Deed $110,352 None Listed On Document
Warranty Deed $105,000 Tri County Title Agency Llc
Warranty Deed $26,500 None Available
Warranty Deed $25,000 Liberty Title
Quit Claim Deed $12,250 None Available
Quit Claim Deed $10,200 Premium Title Services Inc
Sheriffs Deed $59,270 None Available
Warranty Deed $80,000 --
Special Warranty Deed $24,000 Metropolitan Title
Sheriffs Deed $51,502 --
Warranty Deed $48,000 --
Deed $48,000 --
Warranty Deed $20,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $244,383 New Conventional
Previous Owner $103,098 FHA
Previous Owner $64,000 Unknown
Previous Owner $76,000 Purchase Money Mortgage
Previous Owner $42,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $72,600 -6.3% $60 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/10/2024 05/10/24 Price Changed $77,500 -13.9% $64 / Sq Ft
04/10/2024 04/10/24 Price Changed $90,000 -14.3% $74 / Sq Ft
03/05/2024 03/05/24 For Sale $105,000 0.0% $86 / Sq Ft
06/28/2021 06/28/21 Sold $105,000 +16.8% $86 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $89,900 +239.2% $74 / Sq Ft
08/11/2016 08/11/16 Sold $26,500 -23.2% $20 / Sq Ft
07/30/2016 07/30/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $34,500 +238.2% $26 / Sq Ft
12/20/2013 12/20/13 Sold $10,200 -60.8% $8 / Sq Ft
12/15/2013 12/15/13 Pending -- -- --
10/16/2013 10/16/13 For Sale $26,000 -- $20 / 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 $47,200 $4,000 $43,200
2023 $3,669 $41,800 $4,000 $37,800
2022 $3,103 $36,600 $5,700 $30,900
2021 $2,268 $35,800 $4,100 $31,700
2020 $2,251 $34,500 $4,100 $30,400
2019 $2,833 $32,000 $4,100 $27,900
2018 $2,878 $26,800 $4,100 $22,700
2017 $2,150 $26,800 $4,100 $22,700
2016 $6,011 $26,300 $4,100 $22,200
2015 $6,011 $25,200 $8,179 $17,021
2014 $6,011 $24,700 $4,623 $20,077
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 279016

Greater Lansing Association of Realtors®

APN: 01-01-21-357-061