531 N Magnolia Ave Lansing, MI 48912
Foster Neighborhood
3
Beds
1
Bath
920
Sq Ft
4,356
Sq Ft Lot
Highlights
- Ranch Style House
- Living Room
- Dining Room
- Screened Porch
- Forced Air Heating System
- Ceiling Fan
About This Home
As of February 2021This great little bungalow will make a great home for someone just starting out, downsizing or as a great rental opportunity as it's close to MSU, Cooley Law School, the Capital, and all the happenings in the downtown area, Old Town and REO Town. Recently upgraded with a brand new concrete driveway, reinforced foundation, refinished hardwood floors, new lighting fixtures, finished basement, and fresh coat of paint. The home has a nice enclosed front porch, and cute back yard - not too much work to take care of. Seller is providing a $3000 appliance credit at closing. Attic bedroom space is not counted in Assessor's square footage calculation.
Last Agent to Sell the Property
Kellie Garrett
Keller Williams Realty Lansing Listed on: 04/20/2016
Home Details
Home Type
- Single Family
Year Built
- Built in 1924
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 33x125
Parking
- 1 Car Garage
Home Design
- Ranch Style House
- Vinyl Siding
Interior Spaces
- 920 Sq Ft Home
- Ceiling Fan
- Living Room
- Dining Room
- Screened Porch
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Basement
- Basement Fills Entire Space Under The House
- Partial Basement
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 19, 2020
Closed on
Feb 6, 2021
Sold by
Sultaire Sean M
Bought by
Hartsuff Samantha
Seller's Agent
Michelle Rous
Free Range Realty LLC
Buyer's Agent
Danielle French
Keller Williams Realty Lansing
List Price
$93,000
Sold Price
$82,000
Premium/Discount to List
-$11,000
-11.83%
Total Days on Market
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,243
Avg. Annual Appreciation
8.96%
Original Mortgage
$65,600
Outstanding Balance
$49,861
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$68,932
Purchase Details
Listed on
Apr 20, 2016
Closed on
Jun 22, 2016
Sold by
Bluebirch Llc
Bought by
Sultaire Sean M
Seller's Agent
Kellie Garrett
Keller Williams Realty Lansing
Buyer's Agent
Patty Toth
RE/MAX Real Estate Professionals
List Price
$57,000
Sold Price
$60,000
Premium/Discount to List
$3,000
5.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$57,000
Interest Rate
3.58%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 16, 2015
Sold by
The Estate Of Harriett Boughner
Bought by
Bluebirch Llc
Similar Homes in Lansing, MI
-
$64,900
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- 1 Bath
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Opportunity knocks! This 3-bedroom, 1-bath home is bursting with potential and priced to sell. Whether you're a first-time buyer looking to build equity or an investor ready for your next project, this property offers a great canvas for updates. Solid bones, functional layout, and a great location make this one worth a look!
Kennedy Christensen Tremaine Real Estate
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $82,000 | Liberty Title | |
| Warranty Deed | $60,000 | None Available | |
| Warranty Deed | $18,275 | Parks Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $65,600 | New Conventional | |
| Previous Owner | $57,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/10/2021 02/10/21 | Sold | $82,000 | -6.3% | $89 / Sq Ft |
| 01/13/2021 01/13/21 | Pending | -- | -- | -- |
| 01/04/2021 01/04/21 | Price Changed | $87,500 | -5.9% | $95 / Sq Ft |
| 12/19/2020 12/19/20 | For Sale | $93,000 | +55.0% | $101 / Sq Ft |
| 06/22/2016 06/22/16 | Sold | $60,000 | +5.3% | $65 / Sq Ft |
| 04/29/2016 04/29/16 | Pending | -- | -- | -- |
| 04/20/2016 04/20/16 | For Sale | $57,000 | -- | $62 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $23 | $46,300 | $5,800 | $40,500 |
| 2023 | $2,719 | $42,500 | $5,800 | $36,700 |
| 2022 | $2,451 | $39,800 | $4,900 | $34,900 |
| 2021 | $2,149 | $36,900 | $4,900 | $32,000 |
| 2020 | $2,135 | $35,000 | $4,900 | $30,100 |
| 2019 | $2,046 | $33,500 | $4,900 | $28,600 |
| 2018 | $1,918 | $31,800 | $4,900 | $26,900 |
| 2017 | $1,840 | $31,800 | $4,900 | $26,900 |
| 2016 | $2,032 | $28,900 | $4,900 | $24,000 |
| 2015 | $2,032 | $27,600 | $9,708 | $17,892 |
| 2014 | $2,032 | $27,100 | $6,795 | $20,305 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Rous
M
Seller's Agent in 2021
Michelle Rous
Free Range Realty LLC
(517) 214-7752
4 in this area
42 Total Sales
-
Danielle French
D
Buyer's Agent in 2021
Danielle French
Keller Williams Realty Lansing
(517) 853-6390
2 in this area
89 Total Sales
-
K
Seller's Agent in 2016
Kellie Garrett
Keller Williams Realty Lansing
-
Patty Toth
Buyer's Agent in 2016
Patty Toth
RE/MAX Michigan
(517) 898-1822
3 in this area
99 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 80791
APN: 01-01-14-103-321
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Copyright © 2025 Greater Lansing Association of REALTORS®
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