725 Gordon Ave Lansing, MI 48910
Greencroft Park NeighborhoodEstimated Value: $57,000 - $71,000
2
Beds
1
Bath
707
Sq Ft
$88/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Cooling Available
- Forced Air Heating System
- Covered patio or porch
- Living Room
- Dining Room
About This Home
As of April 2024Adorable 2 bedroom 1 bathroom conveniently located in the middle of Lansing this is part of a portfolio. Tenant occupied
Home Details
Home Type
- Single Family
Year Built
- Built in 1948
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 56x79
Home Design
- Ranch Style House
- Vinyl Siding
Interior Spaces
- 707 Sq Ft Home
- Living Room
- Dining Room
- Range
- Washer and Electric Dryer Hookup
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Covered patio or porch
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
- Cable TV Available
Community Details
- Elmhurst Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2024
Closed on
Apr 26, 2024
Sold by
Inertia Llc
Bought by
Edison Finley Llc
Seller's Agent
Paul Brown
Gateway to Homes
Buyer's Agent
Sheri Gallimore
RE/MAX Real Estate Professionals
List Price
$70,000
Sold Price
$55,000
Premium/Discount to List
-$15,000
-21.43%
Total Days on Market
43
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,000
Avg. Annual Appreciation
11.85%
Original Mortgage
$201,750
Outstanding Balance
$199,829
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$137,829
Purchase Details
Listed on
Mar 1, 2024
Closed on
Apr 22, 2024
Sold by
Ochoa Jose and Ochoa Lorraine J
Bought by
Inertia Llc
Seller's Agent
Paul Brown
Gateway to Homes
Buyer's Agent
Sheri Gallimore
RE/MAX Real Estate Professionals
List Price
$70,000
Sold Price
$55,000
Premium/Discount to List
-$15,000
-21.43%
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,750
Outstanding Balance
$199,829
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$137,829
Purchase Details
Closed on
Apr 30, 2015
Sold by
Brown Paul F
Bought by
Inertia Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,400
Interest Rate
3.68%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
May 2, 2005
Sold by
Dunham Jim and Dunham Connie
Bought by
Gillespie Joshua Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
9.12%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Oct 4, 1999
Sold by
First Union Home Equity Bank Na
Bought by
Dunham Jim and Dunham Connie
Purchase Details
Closed on
Jul 24, 1998
Bought by
First Union Home Equity Bank
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Lansing, MI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Edison Finley Llc | $274,000 | None Listed On Document | |
| Inertia Llc | -- | None Listed On Document | |
| Inertia Llc | $22,500 | None Available | |
| Gillespie Joshua Y | $60,000 | Fatic | |
| Dunham Jim | $26,000 | -- | |
| First Union Home Equity Bank | $30,600 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Edison Finley Llc | $201,750 | |
| Previous Owner | Inertia Llc | $420,400 | |
| Previous Owner | Gillespie Joshua Y | $54,000 | |
| Previous Owner | Dunham Jim | $34,450 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2024 04/26/24 | Sold | $55,000 | -21.4% | $78 / Sq Ft |
| 03/01/2024 03/01/24 | Pending | -- | -- | -- |
| 03/01/2024 03/01/24 | For Sale | $70,000 | 0.0% | $99 / Sq Ft |
| 02/19/2024 02/19/24 | Pending | -- | -- | -- |
| 01/18/2024 01/18/24 | For Sale | $70,000 | -- | $99 / 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 | $15 | $30,300 | $6,200 | $24,100 |
| 2023 | $1,726 | $26,900 | $6,200 | $20,700 |
| 2022 | $1,579 | $26,100 | $8,000 | $18,100 |
| 2021 | $1,543 | $23,700 | $6,700 | $17,000 |
| 2020 | $1,532 | $21,600 | $6,700 | $14,900 |
| 2019 | $1,478 | $20,300 | $6,700 | $13,600 |
| 2018 | $1,403 | $17,900 | $6,700 | $11,200 |
| 2017 | $1,350 | $17,900 | $6,700 | $11,200 |
| 2016 | $2,531 | $17,700 | $6,700 | $11,000 |
| 2015 | $2,531 | $17,100 | $13,404 | $3,696 |
| 2014 | $2,531 | $16,700 | $13,404 | $3,296 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Brown
Seller's Agent in 2024
Paul Brown
Gateway to Homes
(517) 321-6373
3 in this area
179 Total Sales
-
S
Seller Co-Listing Agent in 2024
Savannah McFarlin
The Gateway Group @ Keller Williams
-
Sheri Gallimore
Buyer's Agent in 2024
Sheri Gallimore
RE/MAX Michigan
(517) 712-5018
1 in this area
281 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 278177
APN: 01-01-29-280-011
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Copyright © 2025 Greater Lansing Association of REALTORS®
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