NOT LISTED FOR SALE

5219 Hughes Rd Lansing, MI 48911

Estimated Value: $192,000 - $235,000

3 Beds
2 Baths
1,232 Sq Ft
$168/Sq Ft Est. Value

Last Sold April 16, 2012

Last sale price $90,000 $73 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,480/month

116 Days on Market

Highlights

  • Deck
  • Great Room
  • Living Room
  • Ranch Style House
  • Covered Patio or Porch
  • Central Air

About This Home

As of April 2012

Lansing Land Bank new build! This unique home is new, energy efficient, and beautifully decorated. All appliances, plus central air. Radiant heated floors, with lots of light, and cathedral ceilings. Kitchen features beveled concrete counters and row of glass block windows over the sink. Extraordinary light fixtures throughout. 3 bedrooms can be multi-purpose. Completely handicap accessible and features a barrier free shower. Slider opens off of the living room to a deck and large, deep wooded lot. 2 1/2 car attached garage will easily accomodate vehicles with ramps. Incredible opportunity for the right person--and you could be the one. Must be owner occupied for 20 years and gross maximum income limits apply; 1 person/$57,800, 2 persons/$66,000, 3 persons/$74,200, 4 persons/$82,400.

Last Agent to Sell the Property

James Pyle

Century 21 Affiliated License #6506045793 Listed on: 10/12/2011

Century 21 Affiliated

Last Buyer's Agent

James Pyle

Century 21 Affiliated License #6506045793 Listed on: 10/12/2011

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,204

Year Built

  • Built in 2011

Lot Details

  • Lot Dimensions are 80x340

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • Great Room
  • Living Room
  • Dining Room
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Oven
  • Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating Available
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Maple Grov Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,204

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 11
  • Levels: One
  • Parking Features Garage Spaces: 2.0
  • Year Built: 2011
  • Lot Size: 80x340
  • Subdivision Name: Maple Grov
  • Above Grade Finished Sq Ft: 1232.0
  • Architectural Style: Ranch
  • Living Area: 1232.0
  • General Property Info:Lot Size Dimensions: 80x340
  • General Property Info:Above Grade Finished Area: 1232.0
  • General Property Info:Total Livable Area: 1232.0
  • Baths:_pound_Full Baths 1: 2
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Laundry Features:Main Level: Yes
  • Exterior:Aluminum Siding: Yes
  • Foundation Details:Slab: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • Improvements:Great Room: Yes
  • Architectural Style:Ranch: Yes
  • Heating Other2: Yes
  • General Property Info:Building Area Total SqFt: 2464.0
  • Special Features: VirtualTour

Interior Features

  • Heating: Other
  • Interior Amenities: Primary Bathroom, Primary Downstairs
  • Total Bedrooms: 3
  • Room: 4
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Full Bathrooms: 2
  • Appliances:Gas Water Heater: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Type: Aluminum Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Range, Oven
  • Cooling: Central Air
  • LaundryFeatures: Main Level
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Junior High Dist: Lansing

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2011
Closed on
Apr 16, 2012
Sold by
Ingham County Land Bank Fast Track Autho
Bought by
Nault Karen L
Seller's Agent
James Pyle
Century 21 Affiliated
Buyer's Agent
James Pyle
Century 21 Affiliated
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%
Current Estimated Value
$207,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,405
Avg. Annual Appreciation
6.45%
Original Mortgage
$87,500
Outstanding Balance
$60,624
Interest Rate
3.9%
Mortgage Type
VA
Estimated Equity
$146,781

Purchase Details

Closed on
Sep 28, 2006
Sold by
Speer Matthew
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
Sep 15, 2006
Sold by
Washington Mutual Bank Fa
Bought by
Hud

Purchase Details

Closed on
Jul 28, 1999
Sold by
Holmes Amy G
Bought by
Speer Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,408
Interest Rate
7.77%
Mortgage Type
FHA
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
Nault Karen L $90,000 Capital Fund Title Svcs Llc
Washington Mutual Bank Fa $45,211 None Available
Hud -- None Available
Speer Matthew $42,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nault Karen L $87,500
Closed Nault Karen Losinski $2,500
Previous Owner Speer Matthew $42,152
Previous Owner Speer Matthew $42,408
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2012 04/16/12 Sold $90,000 -10.0% $73 / Sq Ft
02/05/2012 02/05/12 Pending -- -- --
10/12/2011 10/12/11 For Sale $100,000 -- $81 / 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 $4,204 $124,900 $15,100 $109,800
2024 $34 $92,700 $15,100 $77,600
2023 $3,940 $80,900 $15,100 $65,800
2022 $3,548 $78,500 $9,600 $68,900
2021 $3,474 $72,600 $9,300 $63,300
2020 $3,453 $69,300 $9,300 $60,000
2019 $3,313 $64,800 $9,300 $55,500
2018 $3,102 $55,500 $9,300 $46,200
2017 $2,970 $55,500 $9,300 $46,200
2016 $2,840 $54,500 $9,300 $45,200
2015 $2,840 $53,300 $18,659 $34,641
2014 $2,840 $51,000 $30,321 $20,679
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 30767

Greater Lansing Association of Realtors®

APN: 01-05-05-103-071