NOT LISTED FOR SALE

703 N Francis Ave Lansing, MI 48912

Foster Neighborhood

Estimated Value: $122,000 - $177,509

2 Beds
1 Bath
1,772 Sq Ft
$86/Sq Ft Est. Value

Last Sold December 31, 2012

Last sale price $56,500 $32 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $1,057/month

19 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Living Room
  • Dining Room

About This Home

As of December 2012

This home is located at 703 N Francis Ave, Lansing, MI 48912 since 20 September 2012 and is currently estimated at $151,877, approximately $85 per square foot. This property was built in 1941. 703 N Francis Ave is a home located in Ingham County with nearby schools including Pattengill Academy, Willow School, and Eastern Lansing High School.

Last Agent to Sell the Property

Kerry Simons

RE/MAX Real Estate Professionals, Inc. West License #6501235250 Listed on: 09/20/2012

RE/MAX Real Estate Professionals, Inc. West

Last Buyer's Agent

Chad Dutcher

RE/MAX Real Estate Professionals License #6506041503

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x132

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 11
  • Levels: One
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1941
  • Lot Size Acres: 0.18
  • Lot Size: 60X132
  • Above Grade Finished Sq Ft: 886.0
  • Architectural Style: Ranch
  • Living Area: 1772.0
  • General Property Info:Lot Size Dimensions: 60X132
  • General Property Info:Above Grade Finished Area: 886.0
  • General Property Info:Total Livable Area: 1772.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Exterior:Aluminum Siding: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • General Property Info:ECO Friendly Features: No
  • Architectural Style:Ranch: Yes
  • Cooling:Exhaust Fan: Yes
  • General Property Info:Building Area Total SqFt: 1772.0
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 2
  • Room: 6
  • Property Type: Residential
  • Full Bathrooms: 1
  • Below Grade Sq Ft: 886.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Basement:Partially Finished: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Refrigerator, Range, Oven, Electric Water Heater, Dishwasher
  • Cooling: Central Air, Exhaust Fan
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2535.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2012
Closed on
Dec 31, 2012
Sold by
Schafer William L and Schafer Margo L
Bought by
Kovac William Kent
Seller's Agent
Kerry Simons
RE/MAX Real Estate Professionals, Inc. West
Buyer's Agent
Chad Dutcher
RE/MAX Real Estate Professionals
List Price
$64,888
Sold Price
$56,500
Premium/Discount to List
-$8,388
-12.93%
Current Estimated Value
$151,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,377
Avg. Annual Appreciation
8.38%
Original Mortgage
$55,476
Interest Rate
3.34%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 2006
Sold by
Schafer Margo L
Bought by
Schafer William L and Schafer Margo L

Purchase Details

Closed on
Feb 25, 1994
Sold by
Mason Bernice
Bought by
Schafer Margo
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
Kovac William Kent $56,500 None Available
Schafer William L -- None Available
Schafer Margo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kovac William Kent $55,476
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2012 12/31/12 Sold $56,500 -12.9% $32 / Sq Ft
10/09/2012 10/09/12 Pending -- -- --
09/20/2012 09/20/12 For Sale $64,888 -- $37 / 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 $3,028 $72,000 $15,600 $56,400
2024 $24 $65,000 $15,600 $49,400
2023 $2,839 $59,800 $15,600 $44,200
2022 $2,560 $54,700 $12,800 $41,900
2021 $2,506 $50,600 $10,900 $39,700
2020 $2,491 $47,000 $10,900 $36,100
2019 $2,388 $44,900 $10,900 $34,000
2018 $3,086 $42,800 $10,900 $31,900
2017 $2,217 $42,800 $10,900 $31,900
2016 $2,049 $39,700 $10,900 $28,800
2015 $2,049 $38,700 $21,850 $16,850
2014 $2,049 $36,300 $12,486 $23,814
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kerry Simons

    RE/MAX Michigan

    Section Image
  • Chad Dutcher

    Buyer's Agent in 2012

    Chad Dutcher

    RE/MAX Michigan

    (517) 214-8484

    4 in this area

    139 Total Sales

    Chad Dutcher
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 41218

Greater Lansing Association of Realtors®

APN: 01-01-11-376-141

Michigan Ingham County Lansing 48912 Foster

703 N Francis Ave, Lansing, MI

This home is located at 703 N Francis Ave, Lansing, MI 48912 since 20 September 2012 and is currently estimated at $151,877, approximately $85 per square foot. This property was built in 1941. 703 N Francis Ave is a home located in Ingham County with nearby schools including Pattengill Academy, Willow School, and Eastern Lansing High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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