721 Park Terrace Lansing, MI 48906
Northtown NeighborhoodEstimated Value: $61,000 - $104,000
2
Beds
1
Bath
1,502
Sq Ft
$50/Sq Ft
Est. Value
Highlights
- Porch
- Living Room
- Dining Room
- Tile Countertops
- Forced Air Heating System
- East Facing Home
About This Home
As of April 2018Welcome to 721 E Park Terrace in Lansing. You will love this two story, 2 bedrooms home that is minutes from the schools, bus line, shopping and expressway. Natural lights and new carpets throughout. Open floor plan with nice size living room, dining area next to the kitchen gives you an opportunity to step out in the summer, if needed. Upstairs are two large bedrooms with extra closet space. The larger bedroom can be converted to two bedrooms if needed. In the basement is furnace, water heater, and plenty of storage space. Inviting front porch. Empty lots across the street and north of you provide lots of privacy. You are minutes from MSU or LCC, bus line, shopping, expressway and more!
Last Listed By
RE/MAX Real Estate Professionals License #6501310879 Listed on: 02/15/2018
Home Details
Home Type
- Single Family
Year Built
- Built in 1910 | Remodeled
Lot Details
- 2,788 Sq Ft Lot
- Lot Dimensions are 30x92.5
- East Facing Home
Home Design
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,502 Sq Ft Home
- 2-Story Property
- Living Room
- Dining Room
- Michigan Basement
Kitchen
- Electric Oven
- Range
- Tile Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- No Garage
- Gravel Driveway
Outdoor Features
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 17, 2023
Sold by
Epre Revocable Living Trust
Bought by
Ea Llc
Total Days on Market
41
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,250
Outstanding Balance
$673,850
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$598,744
Purchase Details
Listed on
Feb 15, 2018
Closed on
Apr 19, 2018
Sold by
Bhattacharjee Debashish
Bought by
The Epre Trust
Seller's Agent
Ruza Paripovic
RE/MAX Real Estate Professionals
Buyer's Agent
Ruza Paripovic
RE/MAX Real Estate Professionals
List Price
$29,900
Sold Price
$25,000
Premium/Discount to List
-$4,900
-16.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.81%
Purchase Details
Listed on
Sep 25, 2012
Closed on
Dec 28, 2012
Sold by
Fco Resi Reo Llc
Bought by
Bhattacharjee Debashish
Seller's Agent
Joe Mullaney
RE/MAX Finest
Buyer's Agent
Peter MacIntyre
RE/MAX Real Estate Professionals
List Price
$16,500
Sold Price
$11,000
Premium/Discount to List
-$5,500
-33.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.69%
Purchase Details
Closed on
Dec 15, 2011
Sold by
Citizens Bank
Bought by
Fco Resi Reo Llc
Purchase Details
Closed on
Oct 27, 2011
Sold by
Mcphee Margaret Helen
Bought by
Citizens Bank and Republic Bank
Purchase Details
Closed on
Mar 5, 1996
Sold by
Lansing Homer Ldha
Bought by
Mcphee Margaret Helen
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ea Llc | -- | None Listed On Document | |
| Epre Revocable Living Trust | -- | None Listed On Document | |
| The Epre Trust | $25,000 | Ata National Title Group | |
| Bhattacharjee Debashish | $11,000 | None Available | |
| Fco Resi Reo Llc | -- | None Available | |
| Citizens Bank | $12,000 | None Available | |
| Mcphee Margaret Helen | $24,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ea Llc | $686,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2018 04/23/18 | Sold | $25,000 | -16.4% | $17 / Sq Ft |
| 03/28/2018 03/28/18 | Pending | -- | -- | -- |
| 02/15/2018 02/15/18 | For Sale | $29,900 | +171.8% | $20 / Sq Ft |
| 12/28/2012 12/28/12 | Sold | $11,000 | -33.3% | $7 / Sq Ft |
| 12/13/2012 12/13/12 | Pending | -- | -- | -- |
| 09/25/2012 09/25/12 | For Sale | $16,500 | -- | $11 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $2 | $2,500 | $2,500 | $0 |
| 2023 | $1,767 | $26,600 | $2,500 | $24,100 |
| 2022 | $1,616 | $24,200 | $1,800 | $22,400 |
| 2021 | $1,579 | $21,600 | $2,400 | $19,200 |
| 2020 | $1,567 | $19,600 | $2,400 | $17,200 |
| 2019 | $2,195 | $18,400 | $2,400 | $16,000 |
| 2018 | $1,973 | $15,900 | $2,400 | $13,500 |
| 2017 | $1,744 | $15,900 | $2,400 | $13,500 |
| 2016 | $1,181 | $15,600 | $2,400 | $13,200 |
| 2015 | $1,181 | $15,200 | $4,808 | $10,392 |
| 2014 | $1,181 | $15,100 | $4,808 | $10,292 |
Source: Public Records
Agents Affiliated with this Home
-
Ruza Paripovic
Seller's Agent in 2018
Ruza Paripovic
RE/MAX Michigan
(517) 775-0492
46 Total Sales
-
Joe Mullaney
Seller's Agent in 2012
Joe Mullaney
RE/MAX Michigan
(517) 325-5888
3 in this area
164 Total Sales
-
Peter MacIntyre
Buyer's Agent in 2012
Peter MacIntyre
RE/MAX Michigan
(517) 256-6664
8 in this area
492 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 223446
APN: 01-01-10-353-181
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Copyright © 2025 Greater Lansing Association of REALTORS®
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