Seller's Agent in 2025
Richard Gingras
Re/Max Real Estate Professionals
(517) 974-0505
4 in this area
62 Total Sales
523 N Foster Ave Lansing, MI 48912
Foster Neighborhood
2
Beds
1
Bath
720
Sq Ft
7,392
Sq Ft Lot
Highlights
- Living Room
- High Speed Internet
- 1-Story Property
- Forced Air Heating System
- Dining Area
About This Home
As of January 2025523 N Foster has had significant updates: New energy efficient FURNACE and CENTRAL AIR and ELECTRIC PANEL (Summer 2024). The cast iron waste line has been replaced with PVC. NEW ROOF around 2021. This place could be a great starter home. It does have a City of Lansing rental license good into 2026 if you prefer. Also, this is a rare DOUBLE LOT in the neighborhood, and it offers plenty of parking spaces and a back lawn for gardening, play, pets, you decide. The house offers 2 bedrooms with a ''good and plenty'' pink bathroom (Barbie would love it). There are wood floors in the Living room and a bedroom. And there is room for expanding the kitchen if your heart so desires. Make an appointment and see for yourself....
Last Agent to Sell the Property
Re/Max Real Estate Professionals License #6501305265 Listed on: 11/13/2024
Last Buyer's Agent
Benito Alvarado
Alvarado Appraisal Services
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,509
Year Built
- Built in 1922
Lot Details
- 7,392 Sq Ft Lot
- Lot Dimensions are 56x132
Home Design
- Slab Foundation
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 720 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Area
- Laundry on main level
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- High Speed Internet
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 13, 2024
Closed on
Jan 17, 2025
Sold by
Spitzley Alex A and Spitzley Joan R
Bought by
Soave Matthew
Seller's Agent
Richard Gingras
Re/Max Real Estate Professionals
Buyer's Agent
Benito Alvarado
Alvarado Appraisal Services
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
Views
44
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
$1,871
Avg. Annual Appreciation
2.44%
Original Mortgage
$80,000
Outstanding Balance
$79,422
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$32,449
Purchase Details
Closed on
Nov 13, 2006
Sold by
Spitzley Michael K and Spitzley Renee S
Bought by
Spitzley Alex A and Spitzley Joan R
Purchase Details
Closed on
Sep 11, 2006
Sold by
Spitzley Alex A and Spitzley Joan R
Bought by
Spitzley Michael K and Spitzley Renee S
Purchase Details
Closed on
Mar 1, 1994
Purchase Details
Closed on
Jan 1, 1994
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $110,000 | Liberty Title | |
| Warranty Deed | $518,000 | Metropolitan Title Company | |
| Quit Claim Deed | -- | Metropolitan Title Company | |
| Trustee Deed | $38,000 | -- | |
| Warranty Deed | $37,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $80,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/17/2025 01/17/25 | Sold | $110,000 | -8.3% | $153 / Sq Ft |
| 12/19/2024 12/19/24 | Pending | -- | -- | -- |
| 11/13/2024 11/13/24 | For Sale | $119,900 | -- | $167 / Sq Ft |
Source: Southwestern Michigan 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 |
|---|---|---|---|---|
| 2025 | $2,559 | $45,300 | $10,200 | $35,100 |
| 2024 | $21 | $42,200 | $10,200 | $32,000 |
| 2023 | $2,409 | $39,200 | $10,200 | $29,000 |
| 2022 | $2,200 | $36,100 | $8,500 | $27,600 |
| 2021 | $2,149 | $33,600 | $8,500 | $25,100 |
| 2020 | $2,134 | $32,300 | $8,500 | $23,800 |
| 2019 | $2,061 | $31,200 | $8,500 | $22,700 |
| 2018 | $1,955 | $28,800 | $8,500 | $20,300 |
| 2017 | $1,881 | $28,800 | $8,500 | $20,300 |
| 2016 | $1,807 | $26,500 | $8,500 | $18,000 |
| 2015 | $1,807 | $25,600 | $16,929 | $8,671 |
| 2014 | $1,807 | $23,800 | $11,850 | $11,950 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Gingras
-
B
Buyer's Agent in 2025
Benito Alvarado
Alvarado Appraisal Services
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24059196
APN: 01-01-14-105-311
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