NOT LISTED FOR SALE

Lansing, MI 48912

Foster Neighborhood

Estimated Value: $106,000 - $187,000

2 Beds
1 Bath
1,944 Sq Ft
$73/Sq Ft Est. Value

Last Sold January 25, 2013

Last sale price $35,000 $18 Per Sq Ft

Est. 305% increase in value since last sale

Current estimated payment $990/month

Highlights

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

About This Home

As of January 2013

Seller is offering the selling brokerage a $1,000 bonus if the property is placed under contract in 30 days. If the property is placed under contract from day 31 to day 90, the seller will offer a $500 bonus to selling brokerage. There will be no selling brokerage bonus if placed under contract after day 90. Mechanicals may require replacement.

Last Agent to Sell the Property

Mike Parsley

Coldwell Banker Professionals-Delta License #6502116336 Listed on: 12/27/2012

Last Buyer's Agent

Peter MacIntyre

RE/MAX Real Estate Professionals License #6506040989

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1918

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33x132
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • No Heating
  • Cable TV Available

Community Details

  • Adams Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 11
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1918
  • Lot Size Acres: 0.1
  • Lot Size: 33X132
  • Subdivision Name: Adams
  • Above Grade Finished Sq Ft: 1080.0
  • Architectural Style: Bungalow
  • Living Area: 1944.0
  • General Property Info:Lot Size Dimensions: 33X132
  • General Property Info:Above Grade Finished Area: 1080.0
  • General Property Info:Total Livable Area: 1944.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Location Legal Info:Real Estate Owned: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Exterior:Brick: Yes
  • Fencing:Fenced: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • Architectural Style:Bungalow: Yes
  • General Property Info:Building Area Total SqFt: 1944.0
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Full
  • Total Bedrooms: 2
  • Room: 4
  • Property Type: Residential
  • Full Bathrooms: 1
  • Below Grade Sq Ft: 864.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Full Basement: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:None3: Yes

Exterior Features

  • Fencing: Fenced
  • Patio And Porch Features: Covered, Deck
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • Appliances: None
  • Utilities: Cable Available
  • Water Source: Public
  • Heating:None2: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2580.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2012
Closed on
Jan 16, 2013
Sold by
Phh Mortgage Services
Bought by
Bourdon Ann M
Seller's Agent
Mike Parsley
Coldwell Banker Professionals-Delta
Buyer's Agent
Peter MacIntyre
RE/MAX Real Estate Professionals
List Price
$27,000
Sold Price
$35,000
Premium/Discount to List
$8,000
29.63%
Current Estimated Value
$141,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,650
Avg. Annual Appreciation
11.29%

Purchase Details

Closed on
Sep 12, 2011
Sold by
Secretary Of Veterans Affairs
Bought by
Phh Mortgage Services

Purchase Details

Closed on
Dec 17, 2010
Sold by
Mortgage Electronic Registration Systems
Bought by
Department Of Veterans Affairs

Purchase Details

Closed on
Dec 9, 2010
Sold by
King David J
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jun 22, 2006
Sold by
Velicer Gregory Jon and Velicer Yuen Tsu Yu
Bought by
King David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,100
Interest Rate
6.72%
Mortgage Type
VA

Purchase Details

Closed on
Jan 11, 2001
Sold by
Velicer Gregory J and Velicer Yuen Tsu Yu
Bought by
Velicer Gregory Jon and Velicer Yuen Tsu Yu

Purchase Details

Closed on
Jun 27, 2000
Sold by
Velicer Gregory J and Yu Yuen Tsu
Bought by
Velicer Gregory J and Yu Yuen Tsu

Purchase Details

Closed on
Sep 1, 1995
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
Bourdon Ann M $35,000 None Available
Phh Mortgage Services -- North American Title Company
Department Of Veterans Affairs -- None Available
Mortgage Electronic Registration Systems $79,317 None Available
King David J $115,300 Tri County Title
Velicer Gregory Jon -- --
Velicer Gregory J -- First American Title Ins Co
-- $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King David J $119,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2013 01/25/13 Sold $35,000 +29.6% $18 / Sq Ft
01/09/2013 01/09/13 Pending -- -- --
12/27/2012 12/27/12 For Sale $27,000 -- $14 / 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 $2,864 $56,200 $6,000 $50,200
2024 $23 $51,800 $6,000 $45,800
2023 $2,686 $47,600 $6,000 $41,600
2022 $2,422 $44,700 $5,000 $39,700
2021 $2,372 $42,100 $5,000 $37,100
2020 $2,357 $39,800 $5,000 $34,800
2019 $2,259 $38,200 $5,000 $33,200
2018 $2,118 $40,200 $5,000 $35,200
2017 $2,027 $40,200 $5,000 $35,200
2016 $2,248 $36,300 $5,000 $31,300
2015 $2,248 $34,800 $9,976 $24,824
2014 $2,248 $40,000 $6,983 $33,017
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mike Parsley

    Coldwell Banker Professionals-Delta

  • Peter MacIntyre

    Buyer's Agent in 2013

    Peter MacIntyre

    RE/MAX Michigan

    (517) 256-6664

    6 in this area

    492 Total Sales

    Peter MacIntyre
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Source: Greater Lansing Association of Realtors®

MLS Number: 43594

Greater Lansing Association of Realtors®

APN: 01-01-14-102-221

Michigan Ingham County Lansing 48912

Foster

This home since 27 December 2012 and is currently estimated at $141,650, approximately $72 per square foot. This property was built in 1918. This home is a home located in Ingham County with nearby schools including Pattengill Academy, Riddle Elementary School, and Eastern Lansing High School.

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