NOT LISTED FOR SALE

Lansing, MI 48911

Southern Lansing Neighborhood

Estimated Value: $185,000 - $209,000

3 Beds
1.5 Baths
1,702 Sq Ft
$115/Sq Ft Est. Value

Last Sold July 01, 2015

Last sale price $40,000 $24 Per Sq Ft

Est. 388% increase in value since last sale

Current estimated payment $1,348/month

48 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Covered Patio or Porch
  • Living Room
  • 4-minute walk to Bluebell Park

About This Home

As of July 2015

1973 BI LEVEL HOME SITUATED ON A 0.172 ACRE LOT IN THE CITY OF LANSING, SOUTHBROOK NEIGHBORHOOD. THIS HOME FEATURES 3 BRS, 1.5 BATHS, OPEN KITCHEN AND DINING AREA, PARTIALLY FINISHED BASEMENT WITH A DOOR LEADING OUT TO THE DECK AND LARGE FENCED BACKYARD. TAXES BASED ON NONHOMESTEAD TAX RATES. PROOF OF FUNDS/PRE-QUALIFICATION LETTER REQUIRED. Sold as-is.NO OFFERS CONTINGENT ON SALE OF ANOTHER PROPERTY.NO DISCLOSURES. Buyer/buyer's agent are requested to verify all info.-including checking w/city/twp zoning/code compliance for possible bldg. violations, code compliance, special assessments, red tag items, HOA/condo fees.

Last Agent to Sell the Property

Tony Schmidt

Tony R. Schmidt Realty, Inc License #6502108587 Listed on: 04/16/2015

Last Buyer's Agent

Tony Schmidt

Tony R. Schmidt Realty, Inc License #6502108587 Listed on: 04/16/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Wood Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Southbrook Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Tax Year: 14
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1973
  • Lot Size Acres: 0.17
  • Lot Size: 60X125, .17AC
  • Subdivision Name: Southbrook
  • Above Grade Finished Sq Ft: 1147.0
  • Architectural Style: Bi-Level
  • Living Area: 1702.0
  • General Property Info:Lot Size Dimensions: 60X125, .17AC
  • General Property Info:Above Grade Finished Area: 1147.0
  • General Property Info:Total Livable Area: 1702.0
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Half Baths B: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Sewer:Public Sewer: Yes
  • General Property Info:ECO Friendly Features: No
  • Fencing:Fenced: Yes
  • Exterior:Wood Siding: Yes
  • Architectural Style:Bi-Level: Yes
  • General Property Info:Building Area Total SqFt: 1702.0
  • Special Features: None

Interior Features

  • Basement: Partially Finished
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 3
  • Property Type: Residential
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 555.0
  • Appliances:Gas Water Heater: Yes
  • Basement:Partially Finished: Yes
  • Appliances:None3: Yes

Exterior Features

  • Fencing: Fenced
  • Patio And Porch Features: Covered, Deck, Patio
  • Construction Type: Wood Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Patio: Yes

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2567.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2015
Closed on
Jun 30, 2015
Sold by
Newbury Reo 2013 Llc
Bought by
Murshed Mugahid
Seller's Agent
Tony Schmidt
Tony R. Schmidt Realty, Inc
Buyer's Agent
Tony Schmidt
Tony R. Schmidt Realty, Inc
List Price
$54,500
Sold Price
$40,000
Premium/Discount to List
-$14,500
-26.61%
Current Estimated Value
$195,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,146
Avg. Annual Appreciation
16.46%

Purchase Details

Closed on
Oct 10, 2013
Sold by
Moore Phillip R and Moore Josephine
Bought by
Ventures Trust 2013

Purchase Details

Closed on
Jan 20, 2000
Sold by
Moore Phillip R and Moore Phillip
Bought by
Moore Phillip R and Moore Josephine H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,200
Interest Rate
13.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 1996
Sold by
Cole Connie M
Bought by
Moore Phillip R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Murshed Mugahid $40,000 Attorney
Newbury Reo 2013 Llc -- Linear Title & Closing
Ventures Trust 2013 $54,500 None Available
Moore Phillip R -- --
Moore Phillip R $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Phillip R $91,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2015 07/01/15 Sold $40,000 0.0% $24 / Sq Ft
06/25/2015 06/25/15 Off Market $40,000 -- --
06/03/2015 06/03/15 Pending -- -- --
05/20/2015 05/20/15 Price Changed $49,900 -8.4% $29 / Sq Ft
04/16/2015 04/16/15 For Sale $54,500 -- $32 / 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 $3,818 $83,000 $11,000 $72,000
2024 $32 $69,900 $11,000 $58,900
2023 $3,592 $63,900 $11,000 $52,900
2022 $3,277 $57,000 $9,600 $47,400
2021 $3,201 $55,800 $7,400 $48,400
2020 $3,179 $51,000 $7,400 $43,600
2019 $6,038 $45,900 $7,400 $38,500
2018 $2,912 $42,400 $7,400 $35,000
2017 $2,804 $42,400 $7,400 $35,000
2016 $2,555 $36,800 $7,400 $29,400
2015 $2,555 $34,800 $14,709 $20,091
2014 $2,555 $34,200 $21,181 $13,019
Source: Public Records

Agents Affiliated with this Home

  • Tony Schmidt

    Seller's Agent in 2015

    Tony Schmidt

    Tony R. Schmidt Realty, Inc

    (517) 339-2558

    1 in this area

    71 Total Sales

    Tony Schmidt
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Source: Greater Lansing Association of Realtors®

MLS Number: 69301

Greater Lansing Association of Realtors®

APN: 01-05-04-106-071

Michigan Ingham County Lansing 48911

Southern Lansing

Not Listed for Sale

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