NOT LISTED FOR SALE

Lansing, MI 48906

Estimated Value: $146,000 - $168,000

3 Beds
1 Bath
1,344 Sq Ft
$116/Sq Ft Est. Value

Last Sold December 31, 2012

Last sale price $22,000 $16 Per Sq Ft

Est. 608% increase in value since last sale

Current estimated payment $909/month

Highlights

  • Deck
  • Covered Patio or Porch
  • Bungalow
  • Main Floor Primary Bedroom
  • Living Room
  • Shed

About This Home

As of December 2012

HomeSteps Buy-A-Home Initiative available for owner occupied buyers ~ earn up to 3% buyer closing costs ~ see terms and conditions attached.This property is eligible under the Freddie Mac First Look Initiative through 7/20/12.Owner occupied offers will only be considered during this time.Seller will contribute an allowance of up to $500 to owner occupant buyers toward the buyer's purchase of a home warranty of their choice--please include in the offer to purchase. See agent remarks. PLEASE SUBMIT OFFER SUBMISSION CHECKLIST (ATTACHED)W/OFFER.Sold as-is.NO OFFERS CONTINGENT ON SALE OF ANOTHER PROPERTY.NO DISCLOSURES. Please return attached forms signed/initialed w/offer. Seller will pay for owner's policy of title insurance w/standard exceptions. Offers are subject to bank addendum. All of rs are requested to be written with buyer's legal name that they will be taking title in. If buyer is a corporation -- articles of incorporation are requested to be submitted with the offer. Buyer/buyer's agent are requested to verify all info.-incl.checking w/city/twp zoning/code compliance for possible bldg.violations,code compliance,special assessments,red tag items&HOA/condo fees.Property will only be de-winterized for 1 business day for inspection/appraisal.De-wints.can only be completed between12pmMon.-5pmFri. LEGAL: W 46 FT OF W 1/2 OF LOT 73 SUP PLAT VALLEY FARMS #2 SEC 33 T5NR2W

Last Agent to Sell the Property

Tony Schmidt

Tony R. Schmidt Realty, Inc License #6502108587 Listed on: 07/06/2012

Last Buyer's Agent

Ruben Sauceda

Great America Brokers LLC License #6501281774

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.37 Acre Lot
  • Fenced

Parking

  • No Garage

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • Living Room
  • Dining Room
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 11
  • Year Built: 1955
  • Lot Size Acres: 0.37
  • Lot Size: .37AC
  • Above Grade Finished Sq Ft: 1344.0
  • Architectural Style: Bungalow
  • Living Area: 1344.0
  • General Property Info:Lot Size Dimensions: .37AC
  • General Property Info:Above Grade Finished Area: 1344.0
  • General Property Info:Total Livable Area: 1344.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Sewer:Public Sewer: Yes
  • Other Structures:Shed(s): Yes
  • Cooling:Central Air: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Fencing:Fenced: Yes
  • Architectural Style:Bungalow: Yes
  • General Property Info:Building Area Total SqFt: 1824.0
  • Special Features: None

Interior Features

  • Basement: Partial
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 3
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Other Level: First
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Basement:Partial: Yes

Exterior Features

  • Fencing: Fenced
  • OtherStructures: Shed(s)
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Cooling: Central Air
  • Water Source: Well
  • 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: 16117.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1084.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2012
Closed on
Dec 31, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lucky Rental Llc
Seller's Agent
Tony Schmidt
Tony R. Schmidt Realty, Inc
Buyer's Agent
Ruben Sauceda
Great America Brokers LLC
List Price
$54,900
Sold Price
$22,000
Premium/Discount to List
-$32,900
-59.93%
Current Estimated Value
$155,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,721
Avg. Annual Appreciation
16.51%

Purchase Details

Closed on
Nov 30, 2011
Sold by
Marfio Mathew M and Marfio Ashley
Bought by
The Federal Home Loan Mortgage Corporati

Purchase Details

Closed on
Jun 4, 2004
Sold by
Simon Jeremy
Bought by
Marfio Matthew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2003
Sold by
Rueckert Ekko N
Bought by
Simon Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,600
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lucky Rental Llc $22,000 Etitle Agency Inc
The Federal Home Loan Mortgage Corporati $97,919 None Available
Marfio Matthew M $102,000 Transnation Title
Simon Jeremy $90,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marfio Matthew M $102,000
Previous Owner Simon Jeremy $72,600
Closed Simon Jeremy $18,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2012 12/31/12 Sold $22,000 -59.9% $16 / Sq Ft
12/12/2012 12/12/12 Pending -- -- --
07/06/2012 07/06/12 For Sale $54,900 -- $41 / 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 -- $54,500 $9,400 $45,100
2024 $1,025 $51,300 $8,700 $42,600
2023 $974 $46,400 $0 $0
2022 $1,529 $40,600 $7,700 $32,900
2021 $1,482 $36,200 $7,300 $28,900
2020 $1,466 $34,700 $6,900 $27,800
2019 $1,423 $32,900 $7,000 $25,900
2018 $1,289 $30,100 $6,700 $23,400
2017 $1,273 $29,100 $6,600 $22,500
2016 $1,262 $29,800 $6,800 $23,000
2015 $1,244 $27,100 $0 $0
2011 -- $35,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tony Schmidt

    Seller's Agent in 2012

    Tony Schmidt

    Tony R. Schmidt Realty, Inc

    (517) 339-2558

    3 in this area

    71 Total Sales

    Tony Schmidt
    Section Image
  • Ruben Sauceda

    Buyer's Agent in 2012

    Ruben Sauceda

    Great America Brokers LLC

    (517) 819-7123

    2 in this area

    137 Total Sales

    Ruben Sauceda
    Section Image
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Source: Greater Lansing Association of Realtors®

MLS Number: 38902

Greater Lansing Association of Realtors®

APN: 050-471-000-073-00

Michigan Clinton County Lansing

48906

This home since 06 July 2012 and is currently estimated at $155,721, approximately $115 per square foot. This property was built in 1955. This home is a home located in Clinton County with nearby schools including Gier Park School, Pattengill Academy, and Eastern Lansing High School.

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