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1224 West Allegan Street

1224 West Allegan Street, Lansing, MI 48915
Property in Westside
Sold Apr 26, 2022
$195,500
$186,240 by Michigan State University Fede
Mortgage Due May 01, 2042
Sold Jan 09, 2017
$127,500
$121,125 by Perl Mortgage Inc
Mortgage Due Jan 01, 2047
1224 West Allegan Street in Lansing, MI was first built in 1921 and is 103 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1224 West Allegan Street has 1,536 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,576. In total, the area measurement of the land is 7,884 square feet.

Learn more about the property and building on this page. There is a porch. The home has a gable style roof made of asphalt. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1224 West Allegan Street sold most recently in Apr 15, 2022 for a total of $195,500. If you work out the math, that's approximately a cost of $127.28 per sqft. Before that, the property was also sold for $127,500 in Dec 29, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $413 in taxes each year. 1224 West Allegan Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $49,000. If we break it down further, the land itself was valued at $6,000. Improvements to the property, however, were assessed at a total of $43,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 768
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,884
  • Lot Size Depth Feet: 1,576
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,536
  • Gross Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,536
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ASSESSORS PLAT
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W 50 FT LOT 27 ASSESSORS PLAT NO 8

Ownership

  • Current Owner : BRAUNSCHEIDEL JESSICA
  • Current Owner 2: HAYDEN DAVID
  • Previous Owner : CHAD AND ANTHONY WALDRON LIVING TRUST
  • Owner Before Previous Owner: KAISER BILLY JO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lansing Public School District
  • School Tax School District: 33020
  • Census Tract: 006700

Geography

  • District: 01-01
  • Parcel: 33-01-01-17-401-131
  • Lot: 27
  • Municipality: LANSING CITY
  • Latitude: 42.7329
  • Longitude: -84.5701

    Address

  • Full Address: 1224 W Allegan St
  • Legal Unit: 27
  • Address - House Number: 1224
  • Street Direction: W
  • Address - Street Name: Allegan
  • Address - Suffix Type: St
  • State: MI
  • City Name: Lansing
  • Carrier Code: C031
  • 4-Digit Zip Code: 1708
  • Zip Code: 48915

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $413

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Nov 30, 2022
  • Confidence Score: 68
  • Final Value: 132,148
  • High Value: 162,318
  • Low Value: 101,978

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $186,240
  • First Open Lien Mortgage Lender: MICHIGAN STATE UNIVERSITY FEDE
  • First Open Lien Mortgage Recording Date: Apr 26, 2022
  • First Open Lien Mortgage Loan Amount: $186,240
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2042

    Market Valuation

  • Market Total Value: $98,000
  • Market Land Value: $12,000
  • Market Improvement Value: $86,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,000
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $43,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 2022
  • Current Sale Recording Date: Apr 26, 2022
  • Current Sale Transaction ID: 11887577118
  • Current Sale Price: $195,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17511
  • Previous Sale Recording Date: Jan 09, 2017
  • Previous Sale Contract Date: Dec 29, 2016
  • Previous Sale Amount: $127,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MICHIGAN STATE UNIVERSITY FEDE
  • First Mortgage Transaction Date: Apr 26, 2022
  • First Mortgage Loan Amount: $186,240
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: PERL MORTGAGE INC
  • Previous Mortgage Transaction Date: Jan 09, 2017
  • Previous Mortgage Loan Amount: $121,125
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2047

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Frequently Asked Questions

What neighborhood is 1224 West Allegan Street located in?
The 1224 West Allegan Street is a located in the neighborhood of Westside in Westside, Lansing.
What is the average sales price for listings in 1224 West Allegan Street?
The average sales price for units in 1224 West Allegan Street is $0 currently.

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