NOT LISTED FOR SALE

Estimated Value: $272,088 - $418,000

3 Beds
3 Baths
1,872 Sq Ft
$169/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $66,000 $35 Per Sq Ft

Est. 379% increase in value since last sale

Current estimated payment $2,067/month

70 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Covered Patio or Porch
  • Leon W. Hayes Middle School Rated A-
  • 2 Fireplaces
  • Living Room

About This Home

As of June 2016

The house is 90% gutted down to the studs. Great opportunity to bring this home back to its former self. Dutch Colonial with the characteristic architecture of gambrel rooflines, reminiscent of classic barns; wood clap board siding; side entrances; and ground-level porches. A feature from the outside is the two-story tower, inside, a spiral stairway winds up one side of the tower to the second floor and it descends down to the lower level. On the main floor a large 2-stry open space is used for both living and dining areas with a fieldstone fireplace on one end. A wall of windows looks out over the front. A kitchen, two bedrooms, a bathroom and laundry room finish out the main floor. Upstairs there is a balcony overlooking the living area and a hall that leads to the master bedroom with a walk-in closet and a full bath. The lower level has a family room with a fireplace and a possible in-law area with a living area, bedroom, kitchenette and a full bathroom. Spacious yard and 4 stall garage. Located in Grand Ledge with EZ access to schools, shopping, parks and recreation opportunities. Legal: Lot 9. N 46 feet of Lot 11. Block 2. Owens Addition City of Grand Ledge. This is a Fannie Mae HomePath property. **Up to 3% Closing cost assistance available with the HomePath Ready Buyer Education Program...follow this link to learn morehttp://homepath.com/ready_buyer.html

Last Agent to Sell the Property

Patty McIvor

RE/MAX Hometown License #6506041351 Listed on: 04/11/2016

RE/MAX Hometown

Last Buyer's Agent

William Tanasse

Key Builders Realty, L.L.C. License #6502321854

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.34 Acre Lot

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Siding
  • Hardboard

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Fire and Smoke Detector
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • No Heating
  • Electric Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 15
  • Levels: One and One Half, Two
  • Parking Features Garage Spaces: 3.0
  • Year Built: 1978
  • Lot Size Acres: 0.34
  • Lot Size: .34 acre
  • Above Grade Finished Sq Ft: 1872.0
  • Living Area: 1872.0
  • General Property Info:Lot Size Dimensions: .34 acre
  • General Property Info:Above Grade Finished Area: 1872.0
  • General Property Info:Total Livable Area: 1872.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Full Baths B: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Laundry Features:Main Level: Yes
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One and One Half: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Wood Siding: Yes
  • Exterior:Hardboard: Yes
  • General Property Info:Building Area Total SqFt: 2912.0
  • Special Features: None

Interior Features

  • Basement: Full, Walk-Out Access
  • Interior Amenities: Primary Bathroom
  • Total Bedrooms: 3
  • Room: 5
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Fireplace: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:None3: Yes

Exterior Features

  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Home Warranty: No
  • Construction Type: Wood Siding, Hardboard
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes
  • Patio Porch Features:Patio: Yes

Garage/Parking

  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: None, Electric Water Heater
  • LaundryFeatures: Main Level
  • Water Source: Public
  • Heating:None2: Yes

Schools

  • Junior High Dist: Grand Ledge

Lot Info

  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3243.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2017
Sold by
Karkau Steven
Bought by
Karkau Steven and Karkau Carmen
Current Estimated Value
$316,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 22, 2016
Sold by
Fannie Mae
Bought by
Karkau Steve
Seller's Agent
Patty McIvor
RE/MAX Hometown
Buyer's Agent
William Tanasse
Key Builders Realty, L.L.C.
List Price
$81,000
Sold Price
$66,000
Premium/Discount to List
-$15,000
-18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.18%

Purchase Details

Closed on
Jan 28, 2016
Sold by
Hart Monica S and Mortgage Electronic Registrati
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 4, 2003
Sold by
Provident Consumer Financial Services
Bought by
Hart Monica S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
7.5%
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
Karkau Steven -- Liberty Title
Karkau Steve $79,200 Attorney
Federal National Mortgage Association $119,001 Attorney
Hart Monica S $130,000 E Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karkau Steven A $199,000
Closed Karkau Steven $150,000
Previous Owner Hart Monica S $20,000
Previous Owner Hart Monica S $135,000
Previous Owner Hart Monica S $110,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2016 06/24/16 Sold $66,000 -11.9% $35 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
05/13/2016 05/13/16 Price Changed $74,900 -7.5% $40 / Sq Ft
04/11/2016 04/11/16 For Sale $81,000 -- $43 / 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 $4,144 $104,900 $0 $0
2024 $2,697 $98,300 $0 $0
2023 $2,532 $92,700 $0 $0
2022 $3,702 $86,300 $0 $0
2021 $3,551 $80,800 $0 $0
2020 $3,509 $77,200 $0 $0
2019 $3,315 $73,498 $0 $0
2018 $3,041 $70,700 $0 $0
2017 $2,018 $46,300 $0 $0
2016 $3,523 $72,700 $0 $0
2015 -- $71,500 $0 $0
2014 -- $68,600 $0 $0
2013 -- $68,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Greater Lansing Association of Realtors®

MLS Number: 80452

Greater Lansing Association of Realtors®

APN: 400-069-602-090-00