NOT LISTED FOR SALE

5307 S Mlk Blvd Lansing, MI 48911

South Lansing Neighborhood

Estimated Value: $97,000 - $136,000

2 Beds
1.5 Baths
987 Sq Ft
$126/Sq Ft Est. Value

Last Sold August 26, 2015

Last sale price $16,000 $16 Per Sq Ft

Est. 679% increase in value since last sale

Current estimated payment $789/month

238 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Dining Room
  • 1 Car Attached Garage
  • Forced Air Heating System
  • Wood Siding

About This Home

As of August 2015

This home is located at 5307 S Mlk Blvd, Lansing, MI 48911 since 19 June 2015 and is currently estimated at $124,619, approximately $126 per square foot. This property was built in 1945. 5307 S Mlk Blvd is a home located in Ingham County with nearby schools including Reo Elementary School, Attwood School, and Everett High School.

Last Agent to Sell the Property

Laurie Stewart

ListTrue Lansing Listed on: 06/19/2015

Last Buyer's Agent

Francis Vicente

EXIT Realty Home Partners License #6501375766

EXIT Realty Home Partners

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 86x161

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 987 Sq Ft Home
  • Living Room
  • Dining Room
  • Partial Basement
  • Oven

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Prosperity Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 14
  • Levels: One
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1945
  • Lot Size Acres: 0.32
  • Lot Size: 86x161
  • Subdivision Name: Prosperity
  • Above Grade Finished Sq Ft: 987.0
  • Architectural Style: Ranch
  • Living Area: 987.0
  • General Property Info:Lot Size Dimensions: 86x161
  • General Property Info:Above Grade Finished Area: 987.0
  • General Property Info:Total Livable Area: 987.0
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Location Legal Info:Real Estate Owned: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Wood Siding: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • General Property Info:Building Area Total SqFt: 1407.0
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Partial
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 2
  • Room: 6
  • Property Type: Residential
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Appliances:Oven: Yes
  • Basement:Partial: Yes

Exterior Features

  • Construction Type: Vinyl Siding, Wood Siding

Garage/Parking

  • Parking Features: Attached, Gravel
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Gravel2: Yes
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Oven
  • 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: 13939.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1588.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2022
Sold by
Waterfront Capital Llc
Bought by
Zhang Mike Wei Peng
Current Estimated Value
$124,619

Purchase Details

Closed on
Mar 24, 2022
Sold by
Huntington National Bank
Bought by
Waterfront Capital Llc

Purchase Details

Closed on
Nov 14, 2019
Sold by
Borseth Jonelle C
Bought by
The Huntington National Bank

Purchase Details

Closed on
Sep 28, 2016
Sold by
Brunton Daniel Clayton
Bought by
Borseth Jonelle C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,949
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 19, 2015
Closed on
Aug 26, 2015
Sold by
Visio Financial Services Inc
Bought by
Brunton Daniel Clayton
Seller's Agent
Laurie Stewart
ListTrue Lansing
Buyer's Agent
Francis Vicente
EXIT Realty Home Partners
List Price
$49,900
Sold Price
$16,000
Premium/Discount to List
-$33,900
-67.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.49%

Purchase Details

Closed on
Aug 30, 2013
Sold by
Rector Michael
Bought by
Rector Daivd M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,695
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2007
Sold by
Muhm Cynthia S and Heintz Robert
Bought by
Wells Fargo Bank Na and Park Place Securities Inc Asset Backed P

Purchase Details

Closed on
Apr 1, 2005
Sold by
Taylor Darrell L and Taylor Jeanette L
Bought by
Muhm Cynthia S and Heinz Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 28, 2002
Sold by
Velez Jessee and Velez Patricia Ann
Bought by
Taylor Darrell L and Taylor Jeanette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,550
Interest Rate
6.13%
Mortgage Type
FHA
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
Zhang Mike Wei Peng -- --
Waterfront Capital Llc $40,000 New Title Company Name
The Huntington National Bank $55,300 None Available
Borseth Jonelle C $58,000 None Available
Brunton Daniel Clayton $16,000 Parks Title
Rector Daivd M $45,000 None Available
Wells Fargo Bank Na $77,863 None Available
Muhm Cynthia S $80,000 Titlequest
Taylor Darrell L $53,000 Devon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borseth Jonelle C $56,949
Previous Owner Rector Daivd M $31,695
Previous Owner Muhm Cynthia S $72,000
Previous Owner Taylor Darrell L $52,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2015 08/26/15 Sold $16,000 0.0% $16 / Sq Ft
06/25/2015 06/25/15 Off Market $16,000 -- --
06/23/2015 06/23/15 For Sale $49,900 0.0% $51 / Sq Ft
12/31/2014 12/31/14 For Sale $49,900 -- $51 / 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 $3,894 $61,700 $8,700 $53,000
2024 $33 $48,700 $8,700 $40,000
2023 $5,238 $44,400 $8,700 $35,700
2022 $2,576 $39,400 $8,700 $30,700
2021 $3,612 $37,200 $6,300 $30,900
2020 $2,912 $35,300 $6,300 $29,000
2019 $1,867 $33,800 $6,300 $27,500
2018 $1,751 $28,800 $6,300 $22,500
2017 $1,676 $28,800 $6,300 $22,500
2016 $3,816 $28,400 $6,300 $22,100
2015 $3,816 $27,500 $12,600 $14,900
2014 $3,816 $27,200 $18,900 $8,300
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Laurie Stewart

    ListTrue Lansing

  • Francis Vicente

    Buyer's Agent in 2015

    Francis Vicente

    EXIT Realty Home Partners

    (517) 410-8738

    4 in this area

    57 Total Sales

    Francis Vicente
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 66184

Greater Lansing Association of Realtors®

APN: 01-05-05-276-011

Michigan Ingham County Lansing 48911 South Lansing

5307 S Mlk Blvd, Lansing, MI

This home is located at 5307 S Mlk Blvd, Lansing, MI 48911 since 19 June 2015 and is currently estimated at $124,619, approximately $126 per square foot. This property was built in 1945. 5307 S Mlk Blvd is a home located in Ingham County with nearby schools including Reo Elementary School, Attwood School, and Everett High School.

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