NOT LISTED FOR SALE

525 Mc Pherson Ave Lansing, MI 48915

Westside Neighborhood

Estimated Value: $214,000 - $317,729

4 Beds
1.5 Baths
2,020 Sq Ft
$132/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $152,500 $75 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,006/month

8 Days on Market

Highlights

  • 0.26 Acre Lot
  • Covered Patio or Porch
  • Living Room
  • Ranch Style House
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of August 2018

Fantastic Ranch home. All the work has been done. Original hardwood floors have been refinished. Walk through the front door into a huge living room with a fireplace and an abundance of natural light. From there enter the dining room with built ins straight into the kitchen with plenty of counter and cabinet space. 4 good sized bedrooms with large closets. Partially finished basement. 2 car garage. Make your appointment today! This is a Fannie Mae Property

Last Agent to Sell the Property

Chris Dean

Gateway to Homes License #6506043716 Listed on: 07/10/2018

Co-Listed By

Paul Brown

Gateway to Homes License #6506040806

Last Buyer's Agent

Dale Tierney

Key Realty One, LLC License #6506033497

Key Realty One, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 90 x 124.80

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2,020 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Mcpherson Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2017
  • Levels: One
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1952
  • Lot Size Acres: 0.26
  • Lot Size: 90 X 124.80
  • Co List Office Mls Id: 206
  • Co List Office Phone: 517-321-6373
  • Subdivision Name: McPherson
  • Above Grade Finished Sq Ft: 2020.0
  • Architectural Style: Ranch
  • Living Area: 2020.0
  • General Property Info:Lot Size Dimensions: 90 X 124.80
  • General Property Info:Above Grade Finished Area: 2020.0
  • General Property Info:Total Livable Area: 2020.0
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Rooms:Family Room2: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • General Property Info:ECO Friendly Features: No
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 2964.0
  • Special Features: None

Interior Features

  • Basement: Partial
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 4
  • Room: 8
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Family Room Level: First
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Basement:Partial: Yes
  • Appliances:None3: Yes

Exterior Features

  • Patio And Porch Features: Covered
  • Home Warranty: No
  • Construction Type: Brick
  • Patio Porch Features:Covered: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Appliances: None, 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: 11238.48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4743.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Aug 6, 2018
Sold by
Fannie Mae
Bought by
Soe Tin and Soe Zi Ngun
Seller's Agent
Chris Dean
Gateway to Homes
Buyer's Agent
Dale Tierney
Key Realty One, LLC
List Price
$153,900
Sold Price
$152,500
Premium/Discount to List
-$1,400
-0.91%
Current Estimated Value
$265,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,182
Avg. Annual Appreciation
8.16%
Original Mortgage
$147,925
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2016
Sold by
Lewis John
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 27, 2006
Sold by
Lewis John and Lewis Gloria J
Bought by
Lewis John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
6.85%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Soe Tin $152,500 Servicelink Llc
Federal National Mortgage Association $108,300 None Available
Lewis John -- Accurate Land Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soe Tin $147,925
Previous Owner Lewis John $125,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $152,500 -0.9% $75 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
07/08/2018 07/08/18 For Sale $153,900 -- $76 / 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 $7,164 $155,500 $18,000 $137,500
2024 $58 $142,900 $18,000 $124,900
2023 $6,710 $127,500 $18,000 $109,500
2022 $6,036 $119,200 $13,500 $105,700
2021 $5,910 $110,200 $13,500 $96,700
2020 $5,876 $103,500 $13,500 $90,000
2019 $7,376 $94,600 $13,500 $81,100
2018 $4,816 $83,800 $13,500 $70,300
2017 $3,511 $83,800 $13,500 $70,300
2016 $3,357 $71,900 $13,500 $58,400
2015 $3,357 $65,000 $26,978 $38,022
2014 $3,357 $60,600 $24,000 $36,600
Source: Public Records

Agents Affiliated with this Home

  • Chris Dean

    Seller's Agent in 2018

    Chris Dean

    Gateway to Homes

    (517) 749-6666

    1 in this area

    122 Total Sales

    Chris Dean
    Section Image
  • Paul Brown

    Seller Co-Listing Agent in 2018

    Paul Brown

    Gateway to Homes

    (517) 321-6373

    7 in this area

    172 Total Sales

    Paul Brown
    Section Image
  • Dale Tierney

    Buyer's Agent in 2018

    Dale Tierney

    Key Realty One, LLC

    (517) 731-0033

    60 Total Sales

    Dale Tierney
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 228128

Greater Lansing Association of Realtors®

APN: 01-01-17-381-121

Michigan Ingham County Lansing 48915 Westside

525 Mc Pherson Ave, Lansing, MI

This home is located at 525 Mc Pherson Ave, Lansing, MI 48915 since 10 July 2018 and is currently estimated at $265,682, approximately $131 per square foot. This property was built in 1952. 525 Mc Pherson Ave is a home located in Ingham County with nearby schools including Riddle Elementary School, Pattengill Academy, and J.W. Sexton High School.

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