NOT LISTED FOR SALE

725 N Magnolia Ave Lansing, MI 48912

Foster Neighborhood

Estimated Value: $161,000 - $184,000

3 Beds
1 Bath
1,324 Sq Ft
$133/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $113,900 $86 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,115/month

91 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Living Room
  • Dining Room
  • 5-minute walk to Tollgate Wetlands

About This Home

As of March 2020

Welcome to this gorgeous Groesbeck neighborhood turn key house that is just minutes from the MSU campus!
It is charming 3 bedroom house with original hardwood floors throughout.
The kitchen appliances, windows, back deck, back slider, front door, bathroom, paint, and sump pump are all newer. The front porch and gutters are also brand new!

Call or text for your private showing today!

Last Agent to Sell the Property

Joel Sodeman

RE/MAX Real Estate Professionals License #6501395272 Listed on: 11/22/2019

RE/MAX Real Estate Professionals

Last Buyer's Agent

Jody Leatherberry

RE/MAX Real Estate Professionals License #6501302413

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 4,138 Sq Ft Lot
  • Lot Dimensions are 33x125

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,324 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Investment
  • Tax Year: 2018
  • Levels: Two
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1929
  • Bathroom 1 Level: First
  • Lot Size Acres: 0.1
  • Lot Size: 33x125
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1324.0
  • Living Area: 1324.0
  • General Property Info:Lot Size Dimensions: 33x125
  • General Property Info:Above Grade Finished Area: 1324.0
  • General Property Info:Total Livable Area: 1324.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Levels:Two2: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Cooling:Central Air: Yes
  • Exterior:Vinyl Siding: Yes
  • Cooling:Exhaust Fan: Yes
  • Tax Info:Zoning3: Residential
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Hot Water, Natural Gas
  • Interior Amenities: Ceiling Fan(s), Laminate Counters
  • Total Bedrooms: 3
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Other Level: First
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Gas Oven: Yes

Exterior Features

  • Roof: Shingle
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Porch
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Oven, Gas Water Heater, Washer, Refrigerator, Oven, Gas Range, Dryer, Dishwasher
  • Cooling: Central Air, Exhaust Fan
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 4138.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3257.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Mar 30, 2020
Sold by
Margulies Amanda G and Beard Amanda G
Bought by
Verner Taylor
Seller's Agent
Joel Sodeman
RE/MAX Real Estate Professionals
Buyer's Agent
Jody Leatherberry
RE/MAX Real Estate Professionals
List Price
$129,900
Sold Price
$113,900
Premium/Discount to List
-$16,000
-12.32%
Current Estimated Value
$176,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,405
Avg. Annual Appreciation
8.24%
Original Mortgage
$85,425
Outstanding Balance
$59,453
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$116,852

Purchase Details

Closed on
Jun 13, 2005
Sold by
Knoblock Brian
Bought by
Margulies Amanda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,545
Interest Rate
5.82%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2002
Sold by
Platt David M
Bought by
Platt Kathleen S

Purchase Details

Closed on
Jul 29, 1998
Sold by
Bonner John A - Estate Sale
Bought by
Platt David M and Platt Kathleen
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
Verner Taylor $113,900 None Available
Margulies Amanda G $126,500 --
Platt Kathleen S -- Metropolitan Title Company
Platt David M $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verner Taylor $85,425
Previous Owner Margulies Amanda G $124,545
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2020 03/30/20 Sold $113,900 -0.9% $86 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
02/17/2020 02/17/20 Price Changed $114,900 -4.2% $87 / Sq Ft
01/14/2020 01/14/20 Price Changed $119,900 -7.7% $91 / Sq Ft
11/22/2019 11/22/19 For Sale $129,900 -- $98 / 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 $5,632 $81,100 $8,300 $72,800
2024 $48 $72,000 $8,300 $63,700
2023 $5,393 $65,300 $8,300 $57,000
2022 $4,521 $60,800 $6,800 $54,000
2021 $4,415 $55,900 $6,600 $49,300
2020 $3,555 $53,200 $6,600 $46,600
2019 $3,438 $50,500 $6,600 $43,900
2018 $3,257 $46,300 $6,600 $39,700
2017 $2,382 $46,300 $6,600 $39,700
2016 $2,329 $42,500 $6,600 $35,900
2015 $2,329 $41,200 $13,200 $28,000
2014 $2,329 $41,500 $8,250 $33,250
Source: Public Records

Agents Affiliated with this Home

  • Joel Sodeman

    Seller's Agent in 2020

    Joel Sodeman

    RE/MAX Michigan

    (517) 898-6412

    2 in this area

    65 Total Sales

    Joel Sodeman
    Section Image

  • J

    Buyer's Agent in 2020

    Jody Leatherberry

    RE/MAX Michigan

    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 242694

Greater Lansing Association of Realtors®

APN: 01-01-11-352-221

Michigan Ingham County Lansing 48912 Foster

725 N Magnolia Ave, Lansing, MI

This home is located at 725 N Magnolia Ave, Lansing, MI 48912 since 22 November 2019 and is currently estimated at $176,305, approximately $133 per square foot. This property was built in 1929. 725 N Magnolia 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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