NOT LISTED FOR SALE

Estimated Value: $62,000 - $102,000

1 Bed
1 Bath
882 Sq Ft
$98/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $41,111 $47 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $481/month

9 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Forced Air Heating System
  • Main Floor Primary Bedroom
  • Shed
  • Dining Room

About This Home

As of August 2020

Welcome to 513 E. Paulson! Cute home in north Lansing. Open floor plan. The home formerly had a second bedroom, now converted to a closet. The full basement has am egress window making another bedroom possible. Easy freeway access, close to amenities and not far from the airport. Call today for more information! HUD Home. www.sageacq.com for more information on Lead-Based paint and Radon Gas and Mold Notices, Electronic Bidding, and Earnest Money procedures. All properties sold ''As-Is'' without any guarantee or warranty by seller. FHA #263-514478 Insurability-IN

Last Agent to Sell the Property

Laura Olson

Keller Williams Realty Lansing License #6501313355 Listed on: 07/11/2020

Keller Williams Realty Lansing

Last Buyer's Agent

Stacie Neros

Keller Williams Realty Lansing License #6501405603

Keller Williams Realty Lansing

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 7,710 Sq Ft Lot
  • Lot Dimensions are 55x140

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 882 Sq Ft Home
  • Living Room
  • Dining Room
  • Laminate Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • No Garage
  • Stone Driveway
  • Gravel Driveway

Outdoor Features

  • Shed

Utilities

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

Community Details

  • Eastern Heights Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 19
  • Levels: One
  • Year Built: 1927
  • Lot Size Acres: 0.18
  • Lot Size: 55x140
  • Subdivision Name: Eastern Heights
  • Above Grade Finished Sq Ft: 882.0
  • Architectural Style: Ranch
  • Living Area: 882.0
  • General Property Info:Lot Size Dimensions: 55x140
  • General Property Info:Above Grade Finished Area: 882.0
  • General Property Info:Total Livable Area: 882.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Location Legal Info:Real Estate Owned: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Other Structures:Shed(s): Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • Parking Features:Stone Driveway: Yes
  • General Property Info:Building Area Total SqFt: 1764.0
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Egress Windows, Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Laminate Counters
  • Total Bedrooms: 1
  • Room: 4
  • Property Type: Residential
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Basement:Egress Windows: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:None3: Yes

Exterior Features

  • Roof: Shingle
  • OtherStructures: Shed(s)
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Gravel, No Garage, Stone Driveway
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:No Garage: 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: 7710.12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1284.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2020
Closed on
Aug 6, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
Brown Gregory D
Seller's Agent
Laura Olson
Keller Williams Realty Lansing
Buyer's Agent
Stacie Neros
Keller Williams Realty Lansing
List Price
$35,000
Sold Price
$41,111
Premium/Discount to List
$6,111
17.46%
Current Estimated Value
$86,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,435
Avg. Annual Appreciation
17.33%

Purchase Details

Closed on
Apr 14, 2020
Sold by
Planet Home Lending Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 26, 2019
Sold by
Mcgillis Scott and Mcgillis Cindy Lou
Bought by
Planet Home Lending Llc

Purchase Details

Closed on
Sep 16, 2014
Sold by
Mcgillis Scott
Bought by
Kelsey Cindy L

Purchase Details

Closed on
Aug 30, 1999
Sold by
Aungst Joseph R and Aungst Ada
Bought by
Mcgillis Scott and Mcgillis Cindy Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
10.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Brown Gregory D -- Ata National Title Group Llc
Secretary Of Housing & Urban Development -- Servicelink
Planet Home Lending Llc $39,750 None Available
Kelsey Cindy L -- None Available
Mcgillis Scott $76,000 Title Office
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcgilli Scott $70,451
Previous Owner Mcgillis Scott $72,318
Previous Owner Mcgillis Scott $16,600
Previous Owner Mcgillis Scott $60,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $41,111 +17.5% $47 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/11/2020 07/11/20 For Sale $35,000 -- $40 / 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 $17 $38,400 $7,800 $30,600
2023 $2,002 $35,100 $7,800 $27,300
2022 $1,808 $31,100 $7,000 $24,100
2021 $1,771 $27,900 $5,300 $22,600
2020 $1,332 $26,100 $5,300 $20,800
2019 $1,275 $23,400 $5,300 $18,100
2018 $1,198 $20,000 $5,300 $14,700
2017 $1,146 $20,000 $5,300 $14,700
2016 $1,096 $19,700 $5,300 $14,400
2015 $1,096 $19,000 $10,627 $8,373
2014 $1,096 $18,600 $13,018 $5,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 247645

Greater Lansing Association of Realtors®

APN: 01-01-04-276-061