NOT LISTED FOR SALE

6225 Sommerset Rd Lansing, MI 48911

Southern Lansing Neighborhood

Estimated Value: $123,000 - $169,000

3 Beds
1 Bath
966 Sq Ft
$154/Sq Ft Est. Value

Last Sold April 29, 2014

Last sale price $32,100 $33 Per Sq Ft

Est. 363% increase in value since last sale

Current estimated payment $993/month

5 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Living Room
  • Ranch Style House
  • Porch
  • Forced Air Heating System

About This Home

As of April 2014

HUD Home. Sold 'AS IS' by elec bid only. Avail 3-28-14. Bids due by 4-1-14 11:59 PM Central Time then daily til sold. FHA Case #263-482211. Uninsured 203k elig. Keys in LO $2/ea or $12/8-key set. For info visit www.HUDHomestore.com. For additional forms, updates, step-by-step video & free photo list, please visit www.BLBResources.com.BLB Resources makes no warranty as to condition of prop. Buyer verify all info. Disclosures: Repairs exceed $5,000, repairs may include but not limited to structure, electrical, roof, HVAC, plumbing; inspection recommended, property is not located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to www.floodsmart.gov for additional information regarding flood zones and insurance, evidence of water infiltration, umbing system needs repair, electrical system needs repair, evidence of defective paint. See Lead Base Paint Disclosure. For overbidding and/or escrow repair information, please see attached ''Overbidding and Escrow Repair'' MLS addendum. ***Public Remarks: Super cute 3 bedroom ranch home with a huge back yard. As you enter the home, you will notice the potential this home has for the price. The home is just waiting for your cosmetic touches. There is ceramic tile in the living, kitchen, and bathroom. The basement has the potential to be finished. The back yard has endless potential with a partially fenced yard and a nice sized deck. Priced to sell fast. *See Attachments*

Last Agent to Sell the Property

Matthew Bunn

Century 21 Affiliated License #6501323381 Listed on: 03/28/2014

Century 21 Affiliated

Last Buyer's Agent

Robert Kocsis

Outside Realtor

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 70 x 198

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 966 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • Elmwood Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 13
  • Levels: One
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1969
  • Lot Size Acres: 0.32
  • Lot Size: 70 x 198
  • Subdivision Name: Elmwood
  • Above Grade Finished Sq Ft: 966.0
  • Architectural Style: Ranch
  • Living Area: 966.0
  • General Property Info:Lot Size Dimensions: 70 x 198
  • General Property Info:Above Grade Finished Area: 966.0
  • General Property Info:Total Livable Area: 966.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • General Property Info:ECO Friendly Features: No
  • Improvements:Formal Dining Room: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • General Property Info:Building Area Total SqFt: 966.0
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Primary Downstairs
  • Total Bedrooms: 3
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:None3: Yes

Exterior Features

  • Patio And Porch Features: Deck, Porch
  • Home Warranty: No
  • Construction Type: Brick, Aluminum Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Asphalt2: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • 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: 2350.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2014
Closed on
Apr 25, 2014
Sold by
Donovan Shaun
Bought by
Abdalbari Noor Sabah
Seller's Agent
Matthew Bunn
Century 21 Affiliated
Buyer's Agent
Robert Kocsis
Outside Realtor
List Price
$32,000
Sold Price
$32,100
Premium/Discount to List
$100
0.31%
Current Estimated Value
$148,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,657
Avg. Annual Appreciation
14.15%

Purchase Details

Closed on
Feb 19, 2014
Sold by
Everbank
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Aug 1, 2013
Sold by
Railer Perry and Railer Perry E
Bought by
Everbank

Purchase Details

Closed on
Jun 7, 2011
Sold by
Caraballo Gustavo and Caraballo Debra J
Bought by
Caraballo Gustavo and Caraballo Debra J

Purchase Details

Closed on
May 18, 2010
Sold by
Debar Deborah L and Debar William
Bought by
Caraballo Gustavo

Purchase Details

Closed on
Nov 21, 2008
Sold by
Railer Perry E and Railer Perry
Bought by
Railer Perry E and Granado Mary L

Purchase Details

Closed on
Jul 10, 2008
Sold by
Fremont Investment & Loan
Bought by
Deutsche Bank National Trust Co and Gsamp Trust 2007-Fm1

Purchase Details

Closed on
Jan 17, 2008
Sold by
Beard Michelle L
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Sep 27, 2006
Sold by
Pierce David and Beshore Alan
Bought by
Beard Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,920
Interest Rate
7.99%
Mortgage Type
Balloon

Purchase Details

Closed on
May 3, 2006
Sold by
Ortega Alfonso and Ortega Cleofas
Bought by
Beshore Alan and Pierce David

Purchase Details

Closed on
Oct 2, 1997
Sold by
Garver Ralph
Bought by
Ortega Alfonso
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Abdalbari Noor Sabah $32,100 Bell Title Co
The Secretary Of Hud -- None Available
Everbank $65,310 None Available
Caraballo Gustavo -- None Available
Caraballo Gustavo $15,900 Independent Title Svcs Inc
Railer Perry E -- None Available
Deutsche Bank National Trust Co -- None Available
Mortgage Electronic Registration Systems $93,896 None Available
Beard Michelle $109,900 Devon Title
Beshore Alan $62,000 Devon Title
Ortega Alfonso $69,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beard Michelle $87,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2014 04/29/14 Sold $32,100 +0.3% $33 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $32,000 -- $33 / 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 $2,517 $63,100 $9,000 $54,100
2024 $20 $53,600 $9,000 $44,600
2023 $2,361 $47,300 $9,000 $38,300
2022 $2,130 $43,000 $10,800 $32,200
2021 $2,086 $41,500 $7,800 $33,700
2020 $2,073 $38,700 $7,800 $30,900
2019 $4,053 $34,600 $7,800 $26,800
2018 $1,863 $32,000 $7,800 $24,200
2017 $1,822 $32,000 $7,800 $24,200
2016 $3,080 $31,500 $7,800 $23,700
2015 $3,080 $31,100 $15,606 $15,494
2014 $3,080 $30,600 $18,594 $12,006
Source: Public Records

Agents Affiliated with this Home

  • Matthew Bunn

    Seller's Agent in 2014

    Matthew Bunn

    Century 21 Affiliated

    (517) 749-0813

    12 in this area

    137 Total Sales

    Matthew Bunn
    Section Image

  • R

    Buyer's Agent in 2014

    Robert Kocsis

    Outside Realtor

See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 57225

Greater Lansing Association of Realtors®

APN: 01-05-09-127-061

Michigan Ingham County Lansing 48911 Southern Lansing

6225 Sommerset Rd, Lansing, MI

Not Listed for Sale

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