NOT LISTED FOR SALE

551 Armstrong Rd Lansing, MI 48911

South Lansing Neighborhood

Estimated Value: $112,000 - $131,000

3 Beds
1 Bath
754 Sq Ft
$162/Sq Ft Est. Value

Last Sold June 26, 2017

Last sale price $45,500 $60 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $838/month

Highlights

  • Deck
  • Covered Patio or Porch
  • Living Room
  • Ranch Style House
  • Window Unit Cooling System
  • Shed

About This Home

As of June 2017

551 Armstrong is on a large lot. Huge backyard with a manicured lawn. Home is totally cared for in every way, ready to be lived in today. The present owner has left it like they are on vacation and coming back, but alas they have moved to a rural larger home. The area is very quiet with large lots and many mature trees in the neighborhood. You are very close to shopping, restaurants and just a 5 min drive to the expressway I-96. You've heard it before, a must see, but it is true with 551 Armstrong. -This is a short sale. Lender will have final word on terms, price and commission.

Last Agent to Sell the Property

Karl Forell

Century 21 Affiliated License #6501257279 Listed on: 06/23/2017

Century 21 Affiliated

Last Buyer's Agent

Michael DeLong

DeLong and Co. License #6501396523

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 60x216.71
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 754 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Partial Basement

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2016
  • Levels: One
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1940
  • Lot Size Acres: 0.3
  • Lot Size: 60x216.71
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 754.0
  • Architectural Style: Ranch
  • Living Area: 754.0
  • General Property Info:Lot Size Dimensions: 60x216.71
  • General Property Info:Above Grade Finished Area: 754.0
  • General Property Info:Total Livable Area: 754.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Cooling:Window Unit(s): Yes
  • Levels:One: Yes
  • Other Structures:Shed(s): Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced: Yes
  • General Property Info:Building Area Total SqFt: 1134.0
  • Special Features: None

Interior Features

  • Basement: Partial
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s)
  • Total Bedrooms: 3
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Basement:Partial: Yes

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater, Microwave, Refrigerator, Oven, Dishwasher
  • Cooling: Window Unit(s)
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 3812
  • Tax Annual Amount: 1500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Jun 26, 2017
Sold by
Andre Steven J
Bought by
Kassab Shannon E
Seller's Agent
Karl Forell
Century 21 Affiliated
Buyer's Agent
Michael DeLong
DeLong and Co.
List Price
$45,900
Sold Price
$45,500
Premium/Discount to List
-$400
-0.87%
Current Estimated Value
$121,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,496
Avg. Annual Appreciation
12.65%
Original Mortgage
$42,750
Outstanding Balance
$35,538
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$86,458

Purchase Details

Closed on
May 17, 2007
Sold by
Sleight Summer C
Bought by
Andre Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,400
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2001
Sold by
Withers John L and Withers Lori
Bought by
Sleight Summer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,995
Interest Rate
7.23%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 17, 1998
Sold by
Spagnuolo James M
Bought by
Withers John L and Stevens Lore
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kassab Shannon E $45,500 Midstate Title Agency Llc
Andre Steven J $83,400 Tnt
Sleight Summer C $65,000 --
Withers John L $54,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kassab Shannon E $42,750
Previous Owner Andre Steven J $83,400
Previous Owner Sleight Summer C $63,995
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2017 06/26/17 Sold $45,500 -0.9% $60 / Sq Ft
03/28/2017 03/28/17 For Sale $45,900 0.0% $61 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
03/19/2017 03/19/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $45,900 -- $61 / 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 $2,256 $56,100 $13,100 $43,000
2024 $18 $47,000 $13,100 $33,900
2023 $2,117 $43,500 $13,100 $30,400
2022 $1,911 $37,800 $12,200 $25,600
2021 $1,871 $34,100 $8,400 $25,700
2020 $1,830 $32,000 $8,400 $23,600
2019 $1,753 $30,800 $8,400 $22,400
2018 $1,644 $27,000 $8,400 $18,600
2017 $1,534 $27,000 $8,400 $18,600
2016 $1,467 $26,700 $8,400 $18,300
2015 $1,467 $26,000 $16,759 $9,241
2014 $1,467 $25,500 $20,948 $4,552
Source: Public Records

Agents Affiliated with this Home

  • Karl Forell

    Seller's Agent in 2017

    Karl Forell

    Century 21 Affiliated

    (517) 214-1482

    5 in this area

    54 Total Sales

    Karl Forell
    Section Image

  • M

    Buyer's Agent in 2017

    Michael DeLong

    DeLong and Co.

    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 213910

Greater Lansing Association of Realtors®

APN: 01-05-04-226-106

Michigan Ingham County Lansing 48911 South Lansing

551 Armstrong Rd, Lansing, MI

This home is located at 551 Armstrong Rd, Lansing, MI 48911 since 23 June 2017 and is currently estimated at $121,996, approximately $161 per square foot. This property was built in 1940. 551 Armstrong Rd is a home located in Ingham County with nearby schools including Kendon School, Attwood School, and Everett High School.

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