NOT LISTED FOR SALE

Estimated Value: $89,332 - $102,000

2 Beds
1 Bath
612 Sq Ft
$152/Sq Ft Est. Value

Last Sold May 24, 2016

Last sale price $45,500 $74 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $646/month

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Living Room
  • Sun or Florida Room
  • Window Unit Cooling System
  • Shed

About This Home

As of May 2016

Welcome to 520 N Magnolia. This cute home has a recent new ROOF and low maintenance SIDING protecting a charming open floor living area with easy clean flooring. The enclosed back porch makes a great 3-seasons room and convenient 1st floor laundry . Just a few miles west of Michigan State University or a few miles east of downtown Lansing , this home is likely yours for less than the cost of an apartment. But no landlord; you are king of your own domain. Contact a Realtor today for you own private tour.

Last Agent to Sell the Property

Richard Gingras

RE/MAX Real Estate Professionals License #6501305265 Listed on: 04/19/2016

RE/MAX Real Estate Professionals

Last Buyer's Agent

Peter Kogut

Free Range Realty LLC License #6502359698

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 33 x 125

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 612 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Michigan Basement

Kitchen

  • Oven
  • Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 15
  • Levels: One
  • Year Built: 1910
  • Lot Size Acres: 0.09
  • Lot Size: 33 x 125
  • Above Grade Finished Sq Ft: 612.0
  • Architectural Style: Ranch
  • Living Area: 612.0
  • General Property Info:Lot Size Dimensions: 33 x 125
  • General Property Info:Above Grade Finished Area: 612.0
  • General Property Info:Total Livable Area: 612.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Laundry Features:Main Level: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Cooling:Window Unit(s): Yes
  • Levels:One: Yes
  • Other Structures:Shed(s): Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Improvements:Three Seasons Room: Yes
  • General Property Info:Building Area Total SqFt: 612.0
  • Special Features: None

Interior Features

  • Basement: Michigan
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s)
  • Total Bedrooms: 2
  • Room: 5
  • Property Type: Residential
  • Other Level: First
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Basement:Michigan: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • OtherStructures: Shed(s)
  • Patio And Porch Features: Covered, Porch
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Washer, Refrigerator, Range, Oven, Dryer
  • Cooling: Window Unit(s)
  • LaundryFeatures: Main Level
  • Utilities: Cable Available
  • 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: 3920.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1453.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2016
Closed on
May 24, 2016
Sold by
Knapp William Sara and Knapp Joan
Bought by
Riley Gabriel
Seller's Agent
Richard Gingras
RE/MAX Real Estate Professionals
Buyer's Agent
Peter Kogut
Free Range Realty LLC
List Price
$44,900
Sold Price
$45,500
Premium/Discount to List
$600
1.34%
Current Estimated Value
$92,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,333
Avg. Annual Appreciation
8.31%
Original Mortgage
$44,675
Outstanding Balance
$36,057
Interest Rate
3.59%
Mortgage Type
FHA
Estimated Equity
$59,951

Purchase Details

Closed on
Nov 15, 2007
Sold by
Scott Family Revocable Living Trust
Bought by
Knapp William and Knapp Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,283
Interest Rate
6.42%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 2007
Sold by
Scott Sandra E
Bought by
Scott Family Revocable Living Trust #40-

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,283
Interest Rate
6.42%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 5, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 21, 2007
Sold by
Scott Sandra E
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Aug 30, 2002
Sold by
Ferrigan Anthony and Ferrigan Roxann
Bought by
Scott Sandra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,600
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 1998
Sold by
Girolami Gregory J
Bought by
Ferrigan Anthony

Purchase Details

Closed on
Nov 24, 1987
Sold by
Tygielski Gene L
Bought by
Girolami Gregory J
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
Riley Gabriel $45,500 Liberty Title
Knapp William $39,900 None Available
Scott Family Revocable Living Trust #40- -- None Available
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $72,873 None Available
Scott Sandra E $55,000 --
Ferrigan Anthony $42,900 --
Girolami Gregory J $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riley Gabriel $44,675
Previous Owner Knapp William $39,283
Previous Owner Scott Sandra E $28,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2016 05/24/16 Sold $45,500 +1.3% $74 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $44,900 -- $73 / 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 $1,847 $36,200 $5,800 $30,400
2024 $14 $33,500 $5,800 $27,700
2023 $1,734 $30,900 $5,800 $25,100
2022 $1,566 $28,700 $4,900 $23,800
2021 $1,534 $26,700 $4,900 $21,800
2020 $1,524 $25,400 $4,900 $20,500
2019 $1,459 $24,500 $4,900 $19,600
2018 $1,370 $22,200 $4,900 $17,300
2017 $1,314 $22,200 $4,900 $17,300
2016 $1,433 $20,300 $4,900 $15,400
2015 $1,433 $19,500 $9,708 $9,792
2014 $1,433 $18,600 $6,795 $11,805
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 80487

Greater Lansing Association of Realtors®

APN: 01-01-14-104-171