NOT LISTED FOR SALE

724 S Magnolia Ave Lansing, MI 48912

Fairview Area Neighborhood

Estimated Value: $75,000 - $85,000

2 Beds
1 Bath
814 Sq Ft
$97/Sq Ft Est. Value

Last Sold July 11, 2019

Last sale price $40,000 $49 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $575/month

70 Days on Market

Highlights

  • 0.22 Acre Lot
  • Cooling Available
  • Forced Air Heating System
  • Ranch Style House
  • Living Room
  • Dining Room

About This Home

As of July 2019

Welcome to your Eastside Oasis. This beautiful 2 bedroom 1 bathroom home is tucked away on a double lot
with a fenced in yard for a country vibe in the city, located only minutes from MSU & dining and
entertainment. Move-in ready with updated electrical, new flooring, fresh paint and brand new kitchen
appliances! Vinyl windows and siding make this a low maintenance home. The basement is dry, the furnace
and hot water heater are newer high efficiency.

Last Agent to Sell the Property

Maggie Oliver

Mitten Land Brokers License #6502411118 Listed on: 06/19/2019

Last Buyer's Agent

Liz Horford

RE/MAX Real Estate Professionals License #6501201427

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1919

Lot Details

  • 9,714 Sq Ft Lot
  • Lot Dimensions are 88x125.3

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 814 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1919

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2018
  • Levels: One
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1919
  • Lot Size Acres: 0.22
  • Lot Size: 88x125.3
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 814.0
  • Architectural Style: Ranch
  • Living Area: 814.0
  • General Property Info:Lot Size Dimensions: 88x125.3
  • General Property Info:Above Grade Finished Area: 814.0
  • General Property Info:Total Livable Area: 814.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Location Legal Info:Real Estate Owned: No
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Cooling:Exhaust Fan: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1438.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Primary Downstairs
  • Total Bedrooms: 2
  • Room: 5
  • Property Type: Residential
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Refrigerator, Range, Dishwasher
  • Cooling: Exhaust Fan
  • 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: 9713.88
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1315.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2019
Closed on
Jul 11, 2019
Sold by
Pfeifer Chris
Bought by
Antony Patricia J and Antony James C
Seller's Agent
Maggie Oliver
Mitten Land Brokers
Buyer's Agent
Liz Horford
RE/MAX Real Estate Professionals
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%
Current Estimated Value
$79,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,090
Avg. Annual Appreciation
10.66%

Purchase Details

Closed on
Mar 14, 2019
Sold by
Mcsherry Cheri
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Aug 14, 2007
Sold by
Buckley Thomas W and Buckley Jennifer J
Bought by
Mcsherry Cheri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,371
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2004
Sold by
Whittum Cindy J
Bought by
Buckley Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
6.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 2, 2001
Sold by
Hoisington Alice L and Hoisington William P
Bought by
Whittum Cindy L

Purchase Details

Closed on
Mar 21, 1994
Sold by
Sutherland Max D and Sutherland Viola S
Bought by
Hoisington Alice L

Purchase Details

Closed on
Oct 11, 1973
Sold by
Michigan State Highway Commission
Bought by
Hoisington William P and Hoisington Alice L
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
Antony Patricia J $40,000 Bell Title Agency Of Okemos
Fannie Mae $16,200 None Available
Mcsherry Cheri $62,371 First American Title Co
Buckley Thomas $27,500 Metropolitan Title Okemos
Whittum Cindy L $16,500 First American Title Insuran
Hoisington Alice L $7,950 --
Hoisington William P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcsherry Cheri $57,700
Previous Owner Mcsherry Cheri $62,371
Previous Owner Buckley Thomas $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2019 07/11/19 Sold $40,000 -11.1% $49 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
05/20/2019 05/20/19 Price Changed $45,000 -10.0% $55 / Sq Ft
04/15/2019 04/15/19 For Sale $50,000 -- $61 / 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 $1,768 $39,600 $8,300 $31,300
2024 $14 $33,100 $8,300 $24,800
2023 $2,096 $29,200 $8,300 $20,900
2022 $352 $26,000 $6,600 $19,400
2021 $363 $23,000 $6,600 $16,400
2020 $1,858 $22,500 $6,600 $15,900
2019 $1,383 $19,800 $6,600 $13,200
2018 $1,314 $16,300 $6,600 $9,700
2017 $1,263 $16,300 $6,600 $9,700
2016 $940 $16,100 $6,600 $9,500
2015 $940 $15,800 $13,228 $2,572
2014 $940 $15,700 $13,228 $2,472
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Maggie Oliver

    Mitten Land Brokers

  • Liz Horford

    Buyer's Agent in 2019

    Liz Horford

    RE/MAX Michigan

    (517) 819-4549

    220 Total Sales

    Liz Horford
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 235402

Greater Lansing Association of Realtors®

APN: 01-01-23-103-032

Michigan Ingham County Lansing 48912 Fairview Area

724 S Magnolia Ave, Lansing, MI

This home is located at 724 S Magnolia Ave, Lansing, MI 48912 since 19 June 2019 and is currently estimated at $79,090, approximately $97 per square foot. This property was built in 1919. 724 S Magnolia Ave is a home located in Ingham County with nearby schools including Pattengill Academy, Riddle Elementary 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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