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1315 Pershing Drive

1315 Pershing Drive, Lansing, MI 48910
Property in Southside
Sold Nov 22, 2021
$170,000
$136,000 by Michigan State University Fcu
Mortgage Due Dec 01, 2051
Sold May 13, 2014
$60,000
Local assessors in Lansing, MI have categorized 1315 Pershing Drive as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 7,797 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 780 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 1 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1315 Pershing Drive has a total of 1,345 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C-. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1315 Pershing Drive sold most recently in Nov 15, 2021 for a total of $170,000. If you work out the math, that's approximately a cost of $126.39 per sqft. Before that, the property was also sold for $60,000 in May 6, 2014. 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 $789 in taxes each year. 1315 Pershing Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $67,800. If we break it down further, the land itself was valued at $12,500. Improvements to the property, however, were assessed at a total of $55,300. 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: 1940
  • Effective Year Built: 1940
  • 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: 1
  • Basement Type: Unspecified basement
  • Basement Area: 896
  • Garage Type: Garage
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,797
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 780
  • Total Building Area: 1,345
  • Gross Building Area: 1,345
  • Building Area: 1,345
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,345
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SYCAMORE PARK NO 2 SUB
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 66 SYCAMORE PARK NO 2 SUB

Ownership

  • Current Owner : OLEARY KRESS
  • Current Owner 2: OLEARY MEGAN
  • Previous Owner : COOLEY MATTHEW E
  • Owner Before Previous Owner: THE ESTATE OF EILEEN R VAN TASSELL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lansing Public School District
  • School Tax School District: 33020
  • Census Tract: 002200

Geography

  • District: 01-01
  • Parcel: 33-01-01-22-381-041
  • Lot: 66
  • Municipality: LANSING CITY
  • Latitude: 42.7136
  • Longitude: -84.5333

    Address

  • Full Address: 1315 Pershing Dr
  • Legal Unit: 66
  • Address - House Number: 1315
  • Address - Street Name: Pershing
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Lansing
  • Carrier Code: C015
  • 4-Digit Zip Code: 1873
  • Zip Code: 48910

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $789

    Appraisal Valuation

  • Standard Deviation: 0.2426
  • Valuation Date: Nov 30, 2022
  • Confidence Score: 65
  • Final Value: 166,024
  • High Value: 206,309
  • Low Value: 125,740

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $136,000
  • First Open Lien Mortgage Lender: MICHIGAN STATE UNIVERSITY FCU
  • First Open Lien Mortgage Recording Date: Nov 22, 2021
  • First Open Lien Mortgage Loan Amount: $136,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $135,600
  • Market Land Value: $25,000
  • Market Improvement Value: $110,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,800
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $55,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Transaction ID: 11872739481
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-049394
  • Previous Sale Recording Date: May 13, 2014
  • Previous Sale Contract Date: May 06, 2014
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MICHIGAN STATE UNIVERSITY FCU
  • First Mortgage Transaction Date: Nov 22, 2021
  • First Mortgage Loan Amount: $136,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Southside



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Frequently Asked Questions

What neighborhood is 1315 Pershing Drive located in?
The 1315 Pershing Drive is a located in the neighborhood of Southside in Southside, Lansing.
What is the average sales price for listings in 1315 Pershing Drive?
The average sales price for units in 1315 Pershing Drive is $0 currently.

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