NOT LISTED FOR SALE

Estimated Value: $65,000 - $116,000

2 Beds
1 Bath
1,502 Sq Ft
$54/Sq Ft Est. Value

Last Sold April 23, 2018

Last sale price $25,000 $17 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $448/month

Highlights

  • Porch
  • Living Room
  • Dining Room
  • Tile Countertops
  • Forced Air Heating System
  • East Facing Home

About This Home

As of April 2018

Welcome 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 Agent to Sell the Property

Ruza Paripovic

RE/MAX Real Estate Professionals License #6501310879 Listed on: 02/15/2018

RE/MAX Real Estate Professionals

Last Buyer's Agent

Ruza Paripovic

RE/MAX Real Estate Professionals License #6501310879 Listed on: 02/15/2018

RE/MAX Real Estate Professionals

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

Home Details

Home Type

Single Family

Year Built

Built in 1910 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Property Conditions Updated Remodeled: Yes
  • Current Use: Investment
  • Tax Year: 2017
  • Levels: Two
  • Year Built: 1910
  • Lot Size Acres: 0.06
  • Lot Size: 30x92.5
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1502.0
  • Living Area: 1502.0
  • New Construction: No
  • General Property Info:Lot Size Dimensions: 30x92.5
  • General Property Info:Above Grade Finished Area: 1502.0
  • General Property Info:Total Livable Area: 1502.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes
  • General Property Info:Building Area Total SqFt: 2102.0
  • General Property Info:Front Door: East
  • Special Features: None

Interior Features

  • Basement: Michigan
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Tile Counters
  • Total Bedrooms: 2
  • Room: 7
  • Property Type: Residential
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Basement:Michigan: Yes
  • Appliances Range: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Tile Counters: Yes

Exterior Features

  • Roof: Shingle
  • RoadFrontageType: City Street
  • Patio And Porch Features: Porch
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: East
  • Property Condition: Updated/Remodeled
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Gravel, No Garage
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater, Range, Electric Oven
  • 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: 2787.84
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1789.0

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
Current Estimated Value
$81,616

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
$671,198
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$590,153

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
17.18%

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
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
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

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 $202 $2,500 $2,500 $0
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

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 223446

Greater Lansing Association of Realtors®

APN: 01-01-10-353-181