NOT LISTED FOR SALE

525 E Sheridan Rd Lansing, MI 48906

Estimated Value: $108,000 - $121,000

2 Beds
1 Bath
1,132 Sq Ft
$102/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $26,000 $23 Per Sq Ft

Est. 345% increase in value since last sale

Current estimated payment $754/month

36 Days on Market

Highlights

  • Deck
  • Porch
  • Shed
  • Ranch Style House
  • Living Room
  • Forced Air Heating System

About This Home

As of January 2015

Spacious 2 bedroom home on a deep lot; updates to the kitchen and bathroom in 2006/2007; slider from the dining area leads to a sizable deck overlooking the expansive backyard; convenient to expressways and basic services. This property was built prior to 1978 & lead-based paint potentially exists.

Last Agent to Sell the Property

D. Michon/Michon Group

RE/MAX Real Estate Professionals License #6501311699 Listed on: 12/18/2014

RE/MAX Real Estate Professionals

Last Buyer's Agent

Ray Dolinski

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 0.46 Acre Lot
  • Fenced

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 1,132 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Crawl Space

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 14
  • Levels: One
  • Year Built: 1941
  • Lot Size Acres: 0.46
  • Lot Size: .46
  • Above Grade Finished Sq Ft: 1132.0
  • Architectural Style: Ranch
  • Living Area: 1132.0
  • General Property Info:Lot Size Dimensions: .46
  • General Property Info:Above Grade Finished Area: 1132.0
  • General Property Info:Total Livable Area: 1132.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Other Structures:Shed(s): Yes
  • General Property Info:ECO Friendly Features: No
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1726.0
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Partial
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s)
  • Total Bedrooms: 2
  • Room: 5
  • Property Type: Residential
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Basement:Crawl Space: Yes
  • Basement:Partial: Yes
  • Appliances:None3: Yes

Exterior Features

  • Fencing: Fenced
  • OtherStructures: Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Construction Type: Aluminum Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Gravel, No Garage
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: None, Gas Water Heater
  • SecurityFeatures: Smoke Detector(s)
  • 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: 20037.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 858.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2019
Sold by
Qi Kangkang
Bought by
Two Jamos Llc
Current Estimated Value
$115,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$337,101
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
-$224,434

Purchase Details

Listed on
Dec 18, 2014
Closed on
Jan 23, 2015
Sold by
Secretary Of Veterans Affairs
Bought by
Qi Kangkang
Seller's Agent
D. Michon/Michon Group
RE/MAX Real Estate Professionals
Buyer's Agent
Ray Dolinski
RE/MAX Real Estate Professionals
List Price
$27,000
Sold Price
$26,000
Premium/Discount to List
-$1,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.10%

Purchase Details

Closed on
Oct 20, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Sep 17, 2014
Sold by
Kish John
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Oct 2, 2009
Sold by
Kish John
Bought by
Kish John and Kish John

Purchase Details

Closed on
Feb 27, 2009
Sold by
Chapman Cody B and Chapman Emily J
Bought by
Kish John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,166
Interest Rate
4.91%
Mortgage Type
VA

Purchase Details

Closed on
Jul 2, 2008
Sold by
Countrywide Document Custody Services
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 5, 2008
Sold by
Chapman Cody B and Chapman Emily J
Bought by
Countrywide Document Custody Services
Source: Public Records

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Range of Values:

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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
Two Jamos Llc $50,000 Transnation Title Agency
Qi Kangkang $26,000 None Available
Secretary Of Veterans Affairs -- None Available
Nationstar Mortgage Llc $28,067 None Available
Kish John -- None Available
Kish John $77,500 Tri County Title Agency Llc
Federal National Mortgage Association -- None Available
Countrywide Document Custody Services $72,278 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Two Jamos Llc $380,000
Previous Owner Kish John $79,166
Previous Owner Chapman Cody B $91,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2015 01/30/15 Sold $26,000 -3.7% $23 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
12/18/2014 12/18/14 For Sale $27,000 -- $24 / 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
2024 $1,360 $52,100 $9,400 $42,700
2023 $1,292 $47,200 $0 $0
2022 $2,032 $41,300 $8,300 $33,000
2021 $1,966 $36,800 $7,900 $28,900
2020 $1,972 $35,600 $7,500 $28,100
2019 $1,684 $33,900 $7,500 $26,400
2018 $1,538 $30,900 $6,700 $24,200
2017 $1,519 $29,900 $6,600 $23,300
2016 $1,516 $30,000 $6,500 $23,500
2015 $1,446 $28,800 $0 $0
2011 -- $30,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 65977

Greater Lansing Association of Realtors®

APN: 050-140-000-017-00