NOT LISTED FOR SALE

729 N Magnolia Ave Lansing, MI 48912

Foster Neighborhood

Estimated Value: $113,000 - $161,647

3 Beds
1 Bath
1,056 Sq Ft
$138/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $75,000 $71 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,090/month

Highlights

  • Colonial Architecture
  • Wood Siding
  • 5-minute walk to Tollgate Wetlands
  • 1 Car Garage

About This Home

As of December 2021

Great opportunity on 3 bedroom charming home located near downtown Lansing. Featuring spacious kitchen, dining and living rooms on a double lot. Don't wait this one will be gone quickly.

Last Agent to Sell the Property

Michael Kennedy

ERA Prime Real Estate Group License #FAAR Listed on: 07/20/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1914

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33x125

Parking

  • 1 Car Garage

Home Design

  • Colonial Architecture
  • Wood Siding
  • Metal Siding
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 1,056 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Community Details

  • Ziba A Downer Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-01-11-352-231

Home Details

Home Type

Single Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 3483
  • Year Built: 1914
  • Mail City: Lansing
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 10 x 20
  • Bedroom 2: Dimensions: 10 x 15
  • Bedroom 3: Dimensions: 10 x 20
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Entry
  • Below Grade Sq Ft: 523
  • Above Grade Finished Sq Ft: 1056
  • Total Finished Sq Ft: 1056

Exterior Features

  • Exterior: Vinyl Siding, Vinyl Trim, Wood, Metal Siding
  • Foundation: Basement
  • Frontage: 33

Garage/Parking

  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 01-01-11-352-231
  • Lot Dimensions: 33x125
  • Acreage: 0.1
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $3,043.00
  • Winter Tax: Year: 2019, Amount: $440.00
  • Total Tax: Amount: $3,483.00

MLS Schools

  • School District: Lansing Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Dec 7, 2021
Sold by
Buchheit Joey and Hopkins Jessica
Bought by
Stoll Jacob
Seller's Agent
Michael Kennedy
ERA Prime Real Estate Group
List Price
$130,000
Sold Price
$75,000
Premium/Discount to List
-$55,000
-42.31%
Current Estimated Value
$145,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,912
Avg. Annual Appreciation
18.24%
Original Mortgage
$67,500
Outstanding Balance
$53,055
Interest Rate
2.27%
Mortgage Type
New Conventional
Estimated Equity
$88,242

Purchase Details

Listed on
Nov 5, 2019
Closed on
Dec 10, 2019
Sold by
Buccheit Joey
Bought by
Buchcit Jocy
Seller's Agent
Leila Swint
Keller Williams Realty Lansing
Buyer's Agent
Maggie Oliver
Mitten Land Brokers
List Price
$66,900
Sold Price
$67,000
Premium/Discount to List
$100
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%

Purchase Details

Closed on
Aug 23, 2019
Sold by
Jones Carol L
Bought by
Lanskoe Llc

Purchase Details

Closed on
Aug 29, 2000
Sold by
Jones Robert L
Bought by
Jones Carol 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
Stoll Jacob $75,000 None Available
Buchcit Jocy -- None Available
Buchheit Joey $67,000 Bell Title Agency Of Okemos
Lanskoe Llc $60,000 Bell Title Agency Of Okemos
Jones Carol L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoll Jacob $67,500
Previous Owner Jones Carol L $22,000
Previous Owner Jones Carol L $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2021 12/07/21 Sold $75,000 -11.7% $71 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/15/2021 10/15/21 Price Changed $84,900 -4.6% $80 / Sq Ft
09/27/2021 09/27/21 Price Changed $89,000 -10.1% $84 / Sq Ft
09/21/2021 09/21/21 Price Changed $99,000 -5.7% $94 / Sq Ft
09/13/2021 09/13/21 Price Changed $105,000 -4.5% $99 / Sq Ft
09/02/2021 09/02/21 Price Changed $110,000 -8.3% $104 / Sq Ft
08/03/2021 08/03/21 Price Changed $119,900 -7.8% $114 / Sq Ft
07/20/2021 07/20/21 For Sale $130,000 +94.0% $123 / Sq Ft
12/10/2019 12/10/19 Sold $67,000 +0.1% $63 / Sq Ft
11/09/2019 11/09/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $66,900 -- $63 / Sq Ft
Source: Michigan Multiple Listing Service

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 $3,750 $69,200 $8,300 $60,900
2024 $30 $61,500 $8,300 $53,200
2023 $3,515 $56,000 $8,300 $47,700
2022 $3,166 $52,000 $6,800 $45,200
2021 $3,672 $47,900 $6,600 $41,300
2020 $3,647 $45,600 $6,600 $39,000
2019 $2,107 $43,400 $6,600 $36,800
2018 $1,975 $41,100 $6,600 $34,500
2017 $1,891 $41,100 $6,600 $34,500
2016 $1,808 $37,800 $6,600 $31,200
2015 $1,808 $36,700 $13,200 $23,500
2014 $1,808 $36,700 $8,250 $28,450
Source: Public Records

Agents Affiliated with this Home

  • Michael Kennedy

    Seller's Agent in 2021

    Michael Kennedy

    ERA Prime Real Estate Group

    (810) 397-3254

    1 in this area

    73 Total Sales

    Michael Kennedy
    Section Image

  • L

    Seller's Agent in 2019

    Leila Swint

    Keller Williams Realty Lansing

  • M

    Buyer's Agent in 2019

    Maggie Oliver

    Mitten Land Brokers

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50048977

Michigan Multiple Listing Service

APN: 01-01-11-352-231

Michigan Ingham County Lansing 48912 Foster

729 N Magnolia Ave, Lansing, MI

This home is located at 729 N Magnolia Ave, Lansing, MI 48912 since 20 July 2021 and is currently estimated at $145,912, approximately $138 per square foot. This property was built in 1914. 729 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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