NOT LISTED FOR SALE

Estimated Value: $112,000 - $125,858

4 Beds
1.5 Baths
1,080 Sq Ft
$109/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $54,900 $51 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $649/month

6 Days on Market

Highlights

  • Deck
  • Covered patio or porch
  • Living Room
  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Shed

About This Home

As of January 2019

Delightful 4 bed 1.5 bath two story home centrally located close to MSU, Frandor and downtown Lansing. Hardwood floors in the living room and dining room; galley style kitchen with tons of cabinets and counter space; half bath off of the kitchen; three bedrooms and a full bath on the second floor; deck with built-in seating looks out upon the backyard; full basement. 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: 12/05/2018

RE/MAX Real Estate Professionals

Last Buyer's Agent

Bob Garchow

Real Estate One 1st License #6502357682

Real Estate One 1st

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1916

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33x 132.5
  • East Facing Home

Parking

  • No Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed

Utilities

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

Community Details

  • Adams Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2018
  • Levels: Two
  • Year Built: 1916
  • Lot Size Acres: 0.1
  • Lot Size: 33X 132.5
  • Subdivision Name: Adams
  • Above Grade Finished Sq Ft: 1080.0
  • Living Area: 1080.0
  • General Property Info:Lot Size Dimensions: 33X 132.5
  • General Property Info:Above Grade Finished Area: 1080.0
  • General Property Info:Total Livable Area: 1080.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Levels:Two2: Yes
  • Location Legal Info:Real Estate Owned: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Other Structures:Shed(s): Yes
  • Exterior:Vinyl Siding: Yes
  • Improvements:Formal Dining Room: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1800.0
  • General Property Info:Front Door: East
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 4
  • Room: 7
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances:None3: Yes

Exterior Features

  • Roof: Shingle
  • OtherStructures: Shed(s)
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Deck, Porch
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: East
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: None, 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: 4356.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2875.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2021
Sold by
Spitz Joel A and Spitz Joel
Bought by
Revision Homes Llc
Current Estimated Value
$117,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$293,512
Interest Rate
2.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$161,179

Purchase Details

Listed on
Dec 5, 2018
Closed on
Jan 18, 2019
Sold by
Fannie Mae
Bought by
Spitz Joel A
Seller's Agent
D. Michon/Michon Group
RE/MAX Real Estate Professionals
Buyer's Agent
Bob Garchow
Real Estate One 1st
List Price
$54,900
Sold Price
$54,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%
Original Mortgage
$43,920
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2018
Sold by
Lennemann John J and Lennemann Jaclyn
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 26, 2003
Sold by
Droste Adam J and Droste Danielle
Bought by
Lennemann John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,200
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2001
Sold by
Droste Joseph A and Droste Patricia A
Bought by
Droste Adam J and Droste Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.64%

Purchase Details

Closed on
Jan 26, 1998
Sold by
Sinclair Thomas J and Sinclair Susan R
Bought by
Droste Adam and Droste Joseph
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
Revision Homes Llc -- Diversified National Title
Spitz Joel A -- None Available
Federal National Mortgage Association -- None Available
Lennemann John J $109,000 Fat
Droste Adam J -- --
Droste Adam $64,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revision Homes Llc $325,000
Previous Owner Spitz Joel A $43,920
Previous Owner Lennemann John J $87,200
Previous Owner Droste Adam J $80,000
Closed Lennemann John J $21,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2019 01/18/19 Sold $54,900 0.0% $51 / Sq Ft
12/11/2018 12/11/18 Pending -- -- --
12/05/2018 12/05/18 For Sale $54,900 -- $51 / 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
2024 $36 $60,500 $6,000 $54,500
2023 $3,903 $54,200 $6,000 $48,200
2022 $3,560 $50,900 $5,000 $45,900
2021 $3,477 $45,800 $5,000 $40,800
2020 $2,691 $43,100 $5,000 $38,100
2019 $2,561 $42,700 $5,000 $37,700
2018 $2,875 $42,000 $5,000 $37,000
2017 $2,768 $42,000 $5,000 $37,000
2016 $2,033 $37,900 $5,000 $32,900
2015 $2,033 $36,200 $9,995 $26,205
2014 $2,033 $36,000 $6,996 $29,004
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 232528

Greater Lansing Association of Realtors®

APN: 01-01-14-101-041