524 N Pine St Lansing, MI 48933
Downtown Lansing NeighborhoodEstimated Value: $111,000 - $128,226
3
Beds
1.5
Baths
1,184
Sq Ft
$104/Sq Ft
Est. Value
Highlights
- 1 Car Detached Garage
- Forced Air Heating System
- 3-minute walk to Ferris Park
- Living Room
- Dining Room
About This Home
As of July 2024Welcome to your new abode, where convenience meets charm! Situated less than 5 minutes from LCC and the vibrant downtown area, this delightful 3-bedroom, 1.5-bath home is brimming with potential, making it an ideal investment opportunity.
Step into a fresh, vibrant space with newly painted walls and updated light fixtures, creating a modern and inviting ambiance throughout the home. The heart of the home boasts a beautiful kitchen, complete with sleek countertops, stylish cabinetry, and stainless steel appliances.
Gather in the spacious cozy retreat of the living room or in the elegant formal dining area. Generously sized bedrooms offer plenty of space for rest and relaxation, along with ample closet space to keep your belongings organized.
With its prime location and desirable features, this home offers excellent rental potential as well, previously renting for $1,500 per month. The property features a 1-car detached shared garage with 522 N Pine (Coming Soon!), providing convenient parking or additional storage space. There's even potential for a 3-unit investment!
Don't miss out on the chance to capitalize on this promising investment. Schedule a showing today and explore this home. With the potential opportunity of investing in 3 units for an even greater return! Sold as a package with MLS# 279928, could bring in $3,500 in rent monthly.
Last Agent to Sell the Property
Achieve Real Estate LLC License #6502433100 Listed on: 05/11/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1905
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 33x152
Parking
- 1 Car Detached Garage
- Shared Driveway
Home Design
- Aluminum Siding
Interior Spaces
- 1,184 Sq Ft Home
- 2-Story Property
- Living Room
- Dining Room
- Washer Hookup
Kitchen
- Electric Oven
- Electric Range
Bedrooms and Bathrooms
- 3 Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Utilities
- No Cooling
- Forced Air Heating System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2024
Closed on
Jul 3, 2024
Sold by
Trinity Enterprise Llc
Bought by
Mayer Joel T and Mayer Hayley
Seller's Agent
David Hall
Achieve Real Estate LLC
List Price
$119,900
Sold Price
$125,000
Premium/Discount to List
$5,100
4.25%
Views
58
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
-$8,039
Avg. Annual Appreciation
-1.35%
Original Mortgage
$100,000
Outstanding Balance
$99,243
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$24,064
Purchase Details
Listed on
Dec 8, 2023
Closed on
Feb 9, 2024
Sold by
Audo Nathan David and Gulla John G
Bought by
Trinity Enterprise Llc
Seller's Agent
Zach Peck
Keller Williams Realty Lansing
Buyer's Agent
David Hall
Achieve Real Estate LLC
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%
Views
119
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
526.47%
Purchase Details
Listed on
Aug 18, 2021
Closed on
Sep 9, 2021
Sold by
Stasiak Amy
Bought by
Audo Nathan D and Gulla John
Seller's Agent
Max Brundage
Real Estate One Rosemary Davis
Buyer's Agent
Nonmember Agent
Non Member
List Price
$52,500
Sold Price
$45,500
Premium/Discount to List
-$7,000
-13.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.11%
Original Mortgage
$41,250
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 16, 2020
Closed on
Oct 30, 2020
Sold by
Sitowski Kenneth R
Bought by
Stasiak Amy
Seller's Agent
Bradley Hillard
1st Choice Real Estate
Buyer's Agent
Bradley Hillard
1st Choice Real Estate
List Price
$54,900
Sold Price
$46,000
Premium/Discount to List
-$8,900
-16.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.26%
Purchase Details
Closed on
Feb 8, 2008
Sold by
Gillespie Joshua and Gillespie Angela
Bought by
Sitowski Kenneth R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 12, 2006
Sold by
Sims William James
Bought by
National City Bank
Purchase Details
Closed on
Jul 30, 1999
Sold by
Williams Heyward and Williams Marlene
Bought by
Sims William James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,969
Interest Rate
7.77%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 1, 1995
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 |
|---|---|---|---|
| Mayer Joel T | $125,000 | Liberty Title | |
| Mayer Joel T | $125,000 | Liberty Title | |
| Trinity Enterprise Llc | $60,000 | Transnation Title | |
| Audo Nathan D | $45,500 | None Available | |
| Stasiak Amy | $46,000 | Ata National Title Group | |
| Sitowski Kenneth R | $60,000 | Freedom Title Ins Agency | |
| National City Bank | $60,874 | None Available | |
| Sims William James | $58,969 | First American Title Ins Co | |
| -- | $28,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mayer Joel T | $100,000 | |
| Closed | Mayer Joel T | $100,000 | |
| Previous Owner | Audo Nathan D | $41,250 | |
| Previous Owner | Sitowski Kenneth R | $52,432 | |
| Previous Owner | Sitowski Kenneth R | $54,000 | |
| Previous Owner | Gillespie Joshua | $23,850 | |
| Previous Owner | Sims William James | $76,500 | |
| Previous Owner | Sims William James | $58,969 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2024 07/03/24 | Sold | $125,000 | +4.3% | $106 / Sq Ft |
| 05/01/2024 05/01/24 | Pending | -- | -- | -- |
| 04/26/2024 04/26/24 | For Sale | $119,900 | +99.8% | $101 / Sq Ft |
| 02/09/2024 02/09/24 | Sold | $60,000 | -7.6% | $51 / Sq Ft |
| 01/19/2024 01/19/24 | Pending | -- | -- | -- |
| 01/16/2024 01/16/24 | Price Changed | $64,900 | -7.2% | $55 / Sq Ft |
| 12/04/2023 12/04/23 | For Sale | $69,900 | 0.0% | $59 / Sq Ft |
| 12/01/2023 12/01/23 | Off Market | $69,900 | -- | -- |
| 11/29/2023 11/29/23 | For Sale | $69,900 | +53.6% | $59 / Sq Ft |
| 09/10/2021 09/10/21 | Sold | $45,500 | -13.3% | $38 / Sq Ft |
| 08/23/2021 08/23/21 | Pending | -- | -- | -- |
| 08/18/2021 08/18/21 | For Sale | $52,500 | +14.1% | $44 / Sq Ft |
| 10/30/2020 10/30/20 | Sold | $46,000 | -16.2% | $39 / Sq Ft |
| 09/22/2020 09/22/20 | Pending | -- | -- | -- |
| 09/16/2020 09/16/20 | For Sale | $54,900 | -- | $46 / 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 | $33 | $53,000 | $3,700 | $49,300 |
| 2023 | $3,698 | $47,700 | $3,700 | $44,000 |
| 2022 | $3,374 | $42,700 | $4,100 | $38,600 |
| 2021 | $2,553 | $41,100 | $5,200 | $35,900 |
| 2020 | $2,796 | $39,200 | $5,200 | $34,000 |
| 2019 | $2,702 | $35,500 | $5,200 | $30,300 |
| 2018 | $2,561 | $33,600 | $5,200 | $28,400 |
| 2017 | $2,465 | $33,600 | $5,200 | $28,400 |
| 2016 | $2,440 | $33,000 | $5,200 | $27,800 |
| 2015 | $2,440 | $32,100 | $10,331 | $21,769 |
| 2014 | $2,440 | $32,600 | $17,000 | $15,600 |
Source: Public Records
Agents Affiliated with this Home
-
David Hall
Seller's Agent in 2024
David Hall
Achieve Real Estate LLC
(517) 712-8329
5 in this area
146 Total Sales
-
Zach Peck
Seller's Agent in 2024
Zach Peck
Keller Williams Realty Lansing
(517) 896-5594
1 in this area
208 Total Sales
-
Max Brundage
M
Seller's Agent in 2021
Max Brundage
Real Estate One Rosemary Davis
(269) 967-9816
1 in this area
89 Total Sales
-
N
Buyer's Agent in 2021
Nonmember Agent
Non Member
-
Bradley Hillard
B
Seller's Agent in 2020
Bradley Hillard
1st Choice Real Estate
(517) 410-6750
3 in this area
72 Total Sales
-
J
Seller Co-Listing Agent in 2020
Jill Powell
1st Choice Real Estate
(517) 410-6750
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 279928
APN: 01-01-16-107-032
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Copyright © 2025 Greater Lansing Association of REALTORS®
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