NOT LISTED FOR SALE

551 E Sheridan Rd Lansing, MI 48906

Estimated Value: $70,000 - $97,000

2 Beds
1 Bath
704 Sq Ft
$119/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $42,500 $60 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $491/month

Highlights

  • Deck
  • Loft
  • Living Room
  • Ranch Style House
  • Covered Patio or Porch
  • Forced Air Heating System

About This Home

As of July 2020

This bungalow on Lansing's Northside is the perfect opportunity to purchase and occupy or rent. Some TLC Needed. Super low Dewitt Charter Township Taxes. Newer Roof, Furnace and Water Heater with all Kitchen Appliances & Washer and Dryer. Walk up to the home and appreciate the front porch and 2 driveways with detached garage. Inside there is a large living room that leads to formal dining through archway. Both rooms have oak hardwood flooring under carpet and dining has original built in oak buffet cabinet. Kitchen off back of the home with newer appliances. Door in kitchen leads to back entry door to patio and basement (with Laundry). Fully fenced rear yard. Two Bedrooms (w/pine floors) are off hall, one bedroom with 2nd floor loft. Updated bath with tub/shower, vanity, stool, floors.

Last Agent to Sell the Property

Joseph Vitale

Century 21 Affiliated License #6506045566 Listed on: 05/12/2020

Century 21 Affiliated

Last Buyer's Agent

Joseph Vitale

Century 21 Affiliated License #6506045566 Listed on: 05/12/2020

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $910

Year Built

  • Built in 1935

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x132
  • South Facing Home
  • Fenced

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Bungalow
  • Shingle Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 704 Sq Ft Home
  • Living Room
  • Dining Room
  • Loft
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Range
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$910

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Investment
  • Tax Year: 2019
  • Levels: One
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1935
  • Lot Size Acres: 0.12
  • Lot Size: 40x132
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 704.0
  • Architectural Style: Bungalow, Ranch
  • Living Area: 704.0
  • General Property Info:Lot Size Dimensions: 40x132
  • General Property Info:Above Grade Finished Area: 704.0
  • General Property Info:Total Livable Area: 704.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Exterior:Aluminum Siding: Yes
  • Location Legal Info:Real Estate Owned: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced: Yes
  • Exterior:Wood Siding: Yes
  • Architectural Style:Bungalow: Yes
  • Rooms:Loft: Yes
  • General Property Info:Building Area Total SqFt: 1408.0
  • General Property Info:Front Door: South
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Laminate Counters
  • Total Bedrooms: 2
  • Room: 5
  • Property Type: Residential
  • Loft Level: Second
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Community Features:Curbs: Yes
  • Community Features:Sidewalks: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Deck, Patio
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Wood Siding
  • Direction Faces: South
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Patio: Yes

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater, Washer, Refrigerator, Range, Electric Oven, Dryer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 910.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Jun 30, 2020
Sold by
Holey Sheryl L
Bought by
Mcpherson Daniel J
Seller's Agent
Joseph Vitale
Century 21 Affiliated
Buyer's Agent
Joseph Vitale
Century 21 Affiliated
List Price
$52,500
Sold Price
$42,500
Premium/Discount to List
-$10,000
-19.05%
Current Estimated Value
$83,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,967
Avg. Annual Appreciation
11.21%

Purchase Details

Closed on
Mar 26, 2002
Sold by
Mortgage Electronic Registration Systems
Bought by
Hud
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
Mcpherson Daniel J $42,500 None Available
Hud -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $42,500 -14.8% $60 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
05/28/2020 05/28/20 Price Changed $49,900 -5.0% $71 / Sq Ft
05/12/2020 05/12/20 For Sale $52,500 -- $75 / 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 -- $33,700 $5,800 $27,900
2024 $591 $31,500 $5,400 $26,100
2023 $562 $28,000 $0 $0
2022 $816 $24,200 $4,800 $19,400
2021 $788 $21,400 $4,500 $16,900
2020 $798 $20,500 $4,300 $16,200
2019 $910 $19,300 $4,300 $15,000
2018 $832 $17,600 $4,100 $13,500
2017 $821 $17,200 $4,000 $13,200
2016 $809 $17,500 $4,100 $13,400
2015 $822 $16,800 $0 $0
2011 -- $19,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 245879

Greater Lansing Association of Realtors®

APN: 050-110-000-018-00