NOT LISTED FOR SALE

615 E Paulson St Lansing, MI 48906

Creston Neighborhood

Estimated Value: $116,193 - $140,000

2 Beds
2 Baths
1,023 Sq Ft
$124/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $39,000 $38 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $915/month

182 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Bungalow
  • Main Floor Bedroom
  • Living Room
  • Forced Air Heating System

About This Home

As of January 2020

Fantastic 2 bedroom 2 full bath 1.5 story home in a super convenient north Lansing neighborhood. Spacious living room; dining room off of the kitchen with plenty of cabinet and counter space; huge second floor master suite with private bathroom and sauna; one car detached garage with a separate workshop area; super close to N East street which feeds south into the center of Lansing or north to the I-69 expressway. This is a Fannie Mae Homepath property.

Last Agent to Sell the Property

D. Michon/Michon Group

RE/MAX Real Estate Professionals License #6501311699 Listed on: 10/24/2019

RE/MAX Real Estate Professionals

Last Buyer's Agent

Gabriel Lopez

Trubrook, LLC License #6501290002

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 50x140
  • South Facing Home

Parking

  • 1 Car Garage

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,023 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Short Sale

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2018
  • Levels: One and One Half
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1942
  • Lot Size Acres: 0.16
  • Lot Size: 50X140
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1023.0
  • Architectural Style: Bungalow
  • Living Area: 1023.0
  • General Property Info:Lot Size Dimensions: 50X140
  • General Property Info:Above Grade Finished Area: 1023.0
  • General Property Info:Total Livable Area: 1023.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Laundry Features:Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Levels:One and One Half: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Bungalow: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1023.0
  • General Property Info:Front Door: South
  • Special Listing Cond:Short Sale: Yes
  • Special Features: 12

Interior Features

  • Basement: None
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 2
  • Property Type: Residential
  • Full Bathrooms: 2
  • Appliances:Gas Water Heater: Yes
  • Appliances:None3: Yes

Exterior Features

  • Roof: Shingle
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Deck, Porch
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: South
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Sewer: Public Sewer
  • Appliances: None, Gas Water Heater
  • LaundryFeatures: Main Level
  • 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: 7013.16
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1338.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
Jan 9, 2020
Sold by
Fannie Mae
Bought by
Tilia Tree Capital Llc
Seller's Agent
D. Michon/Michon Group
RE/MAX Real Estate Professionals
Buyer's Agent
Gabriel Lopez
Trubrook, LLC
List Price
$49,900
Sold Price
$39,000
Premium/Discount to List
-$10,900
-21.84%
Current Estimated Value
$127,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,048
Avg. Annual Appreciation
21.64%

Purchase Details

Closed on
May 14, 2019
Sold by
New Residential Mortgage Llc
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jan 10, 2019
Sold by
Wilcox Marilyn E
Bought by
New Residential Mortgage Llc

Purchase Details

Closed on
Apr 29, 1998
Sold by
Wolansky Eric Alan
Bought by
Wilcox Marilyn E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tilia Tree Capital Llc $39,000 None Available
Fannie Mae -- None Available
New Residential Mortgage Llc $64,674 None Available
Wilcox Marilyn E $59,300 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2020 01/10/20 Sold $39,000 -2.3% $38 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
12/09/2019 12/09/19 Price Changed $39,900 -11.1% $39 / Sq Ft
11/25/2019 11/25/19 Price Changed $44,900 -10.0% $44 / Sq Ft
10/24/2019 10/24/19 For Sale $49,900 0.0% $49 / Sq Ft
10/24/2019 10/24/19 Price Changed $49,900 -9.1% $49 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
08/26/2019 08/26/19 Price Changed $54,900 -8.3% $54 / Sq Ft
07/23/2019 07/23/19 Price Changed $59,900 -6.3% $59 / Sq Ft
06/19/2019 06/19/19 For Sale $63,900 -- $62 / 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 $3,099 $47,300 $7,100 $40,200
2024 $26 $44,700 $7,100 $37,600
2023 $2,916 $40,700 $7,100 $33,600
2022 $2,662 $35,900 $6,300 $29,600
2021 $2,601 $32,300 $4,800 $27,500
2020 $2,097 $30,300 $4,800 $25,500
2019 $1,426 $27,000 $4,800 $22,200
2018 $1,339 $23,200 $4,800 $18,400
2017 $1,281 $23,200 $4,800 $18,400
2016 $1,225 $22,800 $4,800 $18,000
2015 $1,225 $22,000 $9,661 $12,339
2014 $1,225 $21,000 $11,835 $9,165
Source: Public Records

Agents Affiliated with this Home

  • D. Michon/Michon Group

    Seller's Agent in 2020

    D. Michon/Michon Group

    RE/MAX Michigan

    (517) 712-3690

    1 in this area

    59 Total Sales

    D. Michon/Michon Group
    Section Image
  • Gabriel Lopez

    Buyer's Agent in 2020

    Gabriel Lopez

    Trubrook, LLC

    (517) 974-1291

    3 in this area

    99 Total Sales

    Gabriel Lopez
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 237804

Greater Lansing Association of Realtors®

APN: 01-01-04-276-121

Michigan Ingham County Lansing 48906 Creston

615 E Paulson St, Lansing, MI

Not Listed for Sale

Detached

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