NOT LISTED FOR SALE

6348 Sommerset Rd Lansing, MI 48911

Estimated Value: $100,000 - $117,000

2 Beds
1 Bath
756 Sq Ft
$144/Sq Ft Est. Value

Last Sold December 09, 2013

Last sale price $30,000 $40 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $605/month

111 Days on Market

Highlights

  • Deck
  • Covered patio or porch
  • Forced Air Heating System
  • Ranch Style House
  • Living Room
  • Dining Room

About This Home

As of December 2013

Move in ready, 2 bedroom 1 bathroom ranch! Home has lots of offer with large front porch and back deck! First floor laundry and lots of windows overlooking .5acre lot. See homepath.com for details THE SELLER HAS DIRECTED THAT ALL FANNIE MAE OFFERS BE MADE USING THE HOMEPATH ONLINE OFFER SYSTEM AT HOMEPATH.COM WEBSITE. No disclosures. PLEASE NOTE THE BUYER WILL BE CHARGED THE STATE TRANSFER TAX. Mandatory rekey fee to buyer at closing. All properties to be listed in MLS for 3 days prior to any offers being submitted for owner occupants, 15 days for investors. Please go to homepath.com for details. This is a Fannie Mae HomePath property. Purchase this property for as little as 5% down. This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovatio n Mortgage Financing. Visit www.homepath.com for more information.

Last Listed By

Lori Krupke

RE/MAX Real Estate Professionals, Inc. West Listed on: 05/30/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 55x395
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 756 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Elmwood Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 12
  • Levels: One
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1957
  • Lot Size Acres: 0.5
  • Lot Size: 55X395
  • Subdivision Name: Elmwood
  • Above Grade Finished Sq Ft: 756.0
  • Architectural Style: Ranch
  • Living Area: 756.0
  • General Property Info:Lot Size Dimensions: 55X395
  • General Property Info:Above Grade Finished Area: 756.0
  • General Property Info:Total Livable Area: 756.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Laundry Features:Main Level: Yes
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • General Property Info:ECO Friendly Features: No
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced: Yes
  • General Property Info:Building Area Total SqFt: 756.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 2
  • Room: 6
  • Property Type: Residential
  • Other Level: First
  • Full Bathrooms: 1
  • Full Basement: Yes
  • Appliances:None3: Yes

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • 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: 21780.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1434.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2013
Closed on
Dec 9, 2013
Sold by
Fannie Mae
Bought by
Houghton Shirley
Seller's Agent
Lori Krupke
RE/MAX Real Estate Professionals, Inc. West
Buyer's Agent
Stacy Sinadinos
Coldwell Banker Professionals-Delta
List Price
$44,900
Sold Price
$30,000
Premium/Discount to List
-$14,900
-33.18%
Total Days on Market
111
Current Estimated Value
$109,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,057
Avg. Annual Appreciation
11.60%
Original Mortgage
$29,456
Outstanding Balance
$22,403
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$82,919

Purchase Details

Closed on
Mar 19, 2013
Sold by
Burke Leo R and Burke Mary A
Bought by
Federal National Mortgage Association

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
Houghton Shirley $30,000 Parks Title
Federal National Mortgage Association $65,954 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houghton Shirley $29,456
Previous Owner Burke Leo T $65,954
Previous Owner Burke Leo Thomas $23,680
Previous Owner Burke Leo Thomas $68,971
Previous Owner Burke Leo Thomas $48,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2013 12/09/13 Sold $30,000 -33.2% $40 / Sq Ft
09/18/2013 09/18/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $44,900 -- $59 / 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 $15 $43,700 $9,900 $33,800
2023 $1,833 $39,000 $9,900 $29,100
2022 $1,656 $36,000 $12,000 $24,000
2021 $1,622 $32,400 $8,700 $23,700
2020 $1,612 $29,900 $8,700 $21,200
2019 $1,543 $26,800 $8,700 $18,100
2018 $1,448 $24,200 $8,700 $15,500
2017 $1,395 $24,200 $8,700 $15,500
2016 $1,365 $23,900 $8,700 $15,200
2015 $1,365 $23,400 $17,319 $6,081
2014 $1,365 $23,600 $20,635 $2,965
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 48442

Greater Lansing Association of Realtors®

APN: 01-05-09-176-361