NOT LISTED FOR SALE

7778 Madrid Dr Lansing, MI 48917

Estimated Value: $318,774 - $330,000

3 Beds
2 Baths
2,240 Sq Ft
$144/Sq Ft Est. Value

Sale Details

Date Sold: April 16, 2014

Last sale price $149,000 $67 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,038 / mo

119 Days on Market

Highlights

  • Deck
  • Raised Ranch Architecture
  • Main Floor Bedroom
  • Willow Ridge Elementary School Rated A-
  • Cathedral Ceiling
  • Great Room

About This Home

As of April 2014

Welcome to 7778 Madrid Drive in Lansing MI. Located off Canal and in the Grand Ledge School District, this 2010 built home has so much to offer! 3 bedrooms, 2 full baths along with a great open floor plan! Open kitchen, dining and living room with a slider leading to the rear deck. Wonderful master suite with large walk in closet. Lower level has large rec room with egress window and 2 additional bedrooms. Enjoy a great new subdivision in terrific area! Seller reserves 2 chandeliers and refrigerator. Please call the office for all showings.

Last Agent to Sell the Property

Peter MacIntyre

RE/MAX Real Estate Professionals, Inc. Grand River License #6506040989 Listed on: 11/09/2013

Last Buyer's Agent

Remarks See

Outside Realtor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,590

Year Built

  • Built in 2010

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 88x117

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Raised Ranch Architecture
  • Bi-Level Home
  • Vinyl Siding

Interior Spaces

  • 2,240 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Living Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,590

Year Built

Built in 2010

Lot Details

10,454 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2010
  • Above Grade Finished Sq Ft: 2240.0
  • Architectural Style: Bi-Level, Raised Ranch
  • General Property Info:Lot Size Dimensions: 88X117
  • General Property Info:Reserved Items: Yes
  • General Property Info:Above Grade Finished Area: 2240.0
  • General Property Info:Level 2 Finished Area: 1120.0
  • General Property Info:Level 1 Finished Area: 1120.0
  • General Property Info:Total Livable Area: 2240.0
  • General Property Info:ECO Friendly Features: No
  • Improvements:Great Room: Yes
  • Architectural Style:Bi-Level: Yes
  • Architectural Style:Raised Ranch: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Daylight, Finished, Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, Pantry, Primary Bathroom
  • Total Bedrooms: 3
  • Dining Room Level: First
  • Living Room Level: First
  • Bedroom 3 Level: First
  • Other Level: First
  • Full Bathrooms: 2
  • Living Area: 2240.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Appliances:Gas Water Heater: Yes
  • Rooms:Bedroom 2: Yes
  • Rooms:Bedroom 3: Yes
  • Rooms:Dining Room2: Yes
  • Rooms:Kitchen2: Yes
  • Rooms:Kitchen Level2: First
  • Rooms:Living Room2: Yes
  • Rooms:Primary Bedroom2: Yes
  • Primary Bedroom Level: Second
  • Full Basement: Yes
  • Basement:Daylight: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Appliances:Humidifier: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary Bathroom: Yes
  • Percent Basement Finished: Yes
  • General Property Info:SqFt - Basement: 1120.0
  • Rooms:Other37: Yes

Exterior Features

  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes
  • Exterior:Vinyl Siding: Yes
  • Patio Porch Features:Patio: Yes

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Overhead Storage
  • Parking Features Garage Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Overhead Storage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Microwave, Washer, Range, Oven, Humidifier, Dryer, Dishwasher
  • Cooling: Central Air, Exhaust Fan
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • Cooling:Exhaust Fan: Yes

Schools

  • Junior High Dist: Grand Ledge

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size: 88X117
  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres
  • Land Acreage:Up to 14 Acre: Yes

Tax Info

  • Tax Annual Amount: 2590.0
  • Tax Info:Taxable Value: 71200.0
  • Tax Info:State Eq Value: 71200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2013
Closed on
Apr 16, 2014
Sold by
Walker Marylee K
Bought by
Mcgill Kenny R
Seller's Agent
Peter MacIntyre
RE/MAX Real Estate Professionals, Inc. Grand River
Buyer's Agent
Remarks See
Outside Realtor
List Price
$149,000
Sold Price
$149,000
Current Estimated Value
$323,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,071
Avg. Annual Appreciation
6.59%
Original Mortgage
$146,301
Outstanding Balance
$111,342
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$210,602

Purchase Details

Closed on
Oct 19, 2012
Sold by
Walker David G
Bought by
Walker Marylee K

Purchase Details

Closed on
Mar 18, 2010
Sold by
Landvest Financial Llc
Bought by
Walker David G and Walker Marylee K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,500
Interest Rate
5.1%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mcgill Kenny R $149,000 First American Title Ins Co
Walker Marylee K -- None Available
Walker David G $20,000 Devon Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgill Kenny R $146,301
Previous Owner Walker David G $19,500
Previous Owner Walker David G $108,545
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2014 04/16/14 Sold $149,000 0.0% $67 / Sq Ft
03/08/2014 03/08/14 Pending -- -- --
11/09/2013 11/09/13 For Sale $149,000 -- $67 / Sq Ft
Source: Greater Lansing Association of Realtors®

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 $3,751 $137,700 $0 $0
2024 $1,880 $130,500 $0 $0
2023 $1,751 $121,400 $0 $0
2022 $3,167 $110,700 $0 $0
2021 $3,026 $104,900 $0 $0
2020 $2,984 $102,000 $0 $0
2019 $2,947 $96,336 $0 $0
2018 $2,773 $93,500 $0 $0
2017 $2,710 $90,100 $0 $0
2016 -- $80,200 $0 $0
2015 -- $72,900 $0 $0
2014 -- $71,100 $0 $0
2013 -- $71,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 53864

Greater Lansing Association of Realtors®

APN: 040-084-300-150-00

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