NOT LISTED FOR SALE

Lansing, MI 48911

Averill Woods Neighborhood

Estimated Value: $198,000 - $242,000

-- Bed
1 Bath
2,232 Sq Ft
$100/Sq Ft Est. Value

Last Sold November 09, 2012

Last sale price $48,000 $22 Per Sq Ft

Est. 356% increase in value since last sale

Current estimated payment $1,201/month

93 Days on Market

Highlights

  • 8 Car Attached Garage
  • Forced Air Heating System
  • Fenced

About This Home

As of November 2012

The seller has directed that all offers on this listing be made using the HomePath Online Offer system at the HomePath website.Please go to HomePath to make an offer. Purchase this property for as little as 3% down! See agent remarks for Home Path website. PLEASE SUBMIT OFFER SUBMISSION CHECKLIST (ATTACHED) W/OFFER. All offers subject to bank addendums. Sold as-is,where-is.Buyer to pay closing fee(s)to title co. & rekey fee at closing. ATTACHED FANNIE MAE ADDENDUM MUST BE RETURNED WITH OFFER. NO OFFERS CONTINGENT ON SALE OF ANOTHER PROPERTY.NO DISCLOSURES. Please add the following to 19b of purchase agreement:Pursuant to section 28 of the Real Estate Purchase Addendum, this document is subject to all terms and conditions set forth in the Real Estate Purchase Addendum.

Last Agent to Sell the Property

Tony Schmidt

Tony R. Schmidt Realty, Inc License #6502108587 Listed on: 06/27/2012

Last Buyer's Agent

Tony Schmidt

Tony R. Schmidt Realty, Inc License #6502108587 Listed on: 06/27/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • Fenced

Parking

  • 8 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 2,232 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Tax Year: 11
  • Registered Licenses for Unrelated Occupants: Yes
  • Levels: Two
  • Year Built: 1968
  • Lot Size: 67X168.79,.26AC
  • Above Grade Finished Sq Ft: 2232.0
  • General Property Info:Lot Size Dimensions: 67X168.79,.26AC
  • General Property Info:Above Grade Finished Area: 2232.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Brick: Yes
  • Fencing:Fenced: Yes
  • Tax Info:Taxes2: 4853.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Construction Type: Aluminum Siding, Brick

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • General Property Info:Parking Total: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2012
Closed on
Nov 7, 2012
Sold by
Fannie Mae
Bought by
Shropshire Kelly D
Seller's Agent
Tony Schmidt
Tony R. Schmidt Realty, Inc
Buyer's Agent
Tony Schmidt
Tony R. Schmidt Realty, Inc
List Price
$52,529
Sold Price
$48,000
Premium/Discount to List
-$4,529
-8.62%
Current Estimated Value
$218,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,786
Avg. Annual Appreciation
12.65%
Original Mortgage
$47,130
Outstanding Balance
$33,131
Interest Rate
3.38%
Mortgage Type
FHA
Estimated Equity
$186,067

Purchase Details

Closed on
Mar 1, 2012
Sold by
Fifth Third Mortgage Company
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Feb 23, 2012
Sold by
Parag Neetin
Bought by
Fifth Third Mortgage Company

Purchase Details

Closed on
Jul 23, 2007
Sold by
Parag Neetin
Bought by
Parag Real Estate Development Llc

Purchase Details

Closed on
Sep 17, 1999
Sold by
Wiggins Jacqueline A
Bought by
Parag Neetin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1994
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
Shropshire Kelly D $48,000 None Available
Fannie Mae -- None Available
Fifth Third Mortgage Company $152,654 None Available
Parag Real Estate Development Llc -- None Available
Parag Neetin $120,000 --
-- $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shropshire Kelly D $47,130
Previous Owner Parag Neetin $151,500
Previous Owner Parag Neetin $110,000
Previous Owner Parag Neetin $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2012 11/09/12 Sold $48,000 -8.6% $22 / Sq Ft
09/28/2012 09/28/12 Pending -- -- --
06/27/2012 06/27/12 For Sale $52,529 -- $24 / 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
2024 $33 $105,800 $11,700 $94,100
2023 $3,861 $92,200 $11,700 $80,500
2022 $3,530 $84,100 $13,200 $70,900
2021 $3,449 $46,600 $13,200 $33,400
2020 $3,424 $44,100 $13,200 $30,900
2019 $3,277 $41,200 $13,200 $28,000
2018 $2,934 $38,200 $13,200 $25,000
2017 $2,822 $38,200 $13,200 $25,000
2016 $2,721 $37,600 $13,200 $24,400
2015 $2,721 $35,600 $26,471 $9,129
2014 $2,721 $35,200 $26,471 $8,729
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

    74 Total Sales

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Source: Greater Lansing Association of Realtors®

MLS Number: 38682

Greater Lansing Association of Realtors®

APN: 01-01-30-303-041

Michigan Ingham County Lansing 48911

Averill Woods

This home since 27 June 2012 and is currently estimated at $223,601, approximately $100 per square foot. This property was built in 1968. This home is a home located in Ingham County with nearby schools including Averill New Tech Elementary School, Attwood School, and J.W. Sexton High School.

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