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1432 Sheldon Street

1432 Sheldon Street, Lansing, MI 48906
Property in Eastside
Sold Dec 04, 2017
$50,000
$49,094 by Towne Mortgage Co
Mortgage Due Dec 01, 2047
Sold Oct 26, 2012
$91,602
1432 Sheldon Street has been categorized by the local assessors in Lansing, MI as a residential type of property. The building on the property was first built in 1924 and is 100 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 1 stories. In addition, 1432 Sheldon Street has 710 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 350 ft. The area measurement of the land has been determined as 4,182 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a forced air unit and being fueled with gas. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Nov 16, 2017 for $50,000. That's $70.42 per sqft. Prior to that sales transaction, the property was also sold in Oct 18, 2012 for $91,602. 1432 Sheldon Street was last assessed in 2022. The total value of the property was assessed at $21,700. Specifically, the land the property is located on was valued at $2,400. While improvements on the property were assessed at a total of $19,300. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $310. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • 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: 520
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 4,182
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 350
  • Total Building Area: 710
  • Gross Building Area: 710
  • Building Area: 710
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 710
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FRANKLIN AVENUE PARK SUB
  • Land Acres: 0.096
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 12 BLOCK C FRANKLIN AVENUE PARK SUB

Ownership

  • Current Owner : DAY BARRY L
  • Previous Owner : GRAND DELTA PROPERITES LLC
  • Owner Before Previous Owner: MILLS ROBERT C
  • Owner Before Previous Owner 2: MILLS LONA S
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Lansing Public School District
  • School Tax School District: 33020
  • Census Tract: 003103

Geography

  • District: 01-01
  • Parcel: 33-01-01-10-406-321
  • Block: C
  • Lot: 12
  • Municipality: LANSING CITY
  • Latitude: 42.7467
  • Longitude: -84.5297

    Address

  • Full Address: 1432 Sheldon St
  • Legal Unit: 12
  • Address - House Number: 1432
  • Address - Street Name: Sheldon
  • Address - Suffix Type: St
  • State: MI
  • City Name: Lansing
  • Carrier Code: C012
  • 4-Digit Zip Code: 4915
  • Zip Code: 48906

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $310

    Appraisal Valuation

  • Standard Deviation: 0.2523
  • Valuation Date: Nov 30, 2022
  • Confidence Score: 64
  • Final Value: 75,274
  • High Value: 94,268
  • Low Value: 56,281

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $51,827
  • First Open Lien Mortgage Lender: TOWNE MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Dec 04, 2017
  • First Open Lien Mortgage Loan Amount: $49,094
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2047
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Apr 12, 2022
  • Second Open Lien Mortgage Loan Amount: $2,733
  • Second Open Lien Mortgage Term: 307
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2047

    Market Valuation

  • Market Total Value: $43,400
  • Market Land Value: $4,800
  • Market Improvement Value: $38,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,700
  • Assessed Land Value: $2,400
  • Assessed Improvements Value: $19,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 16, 2017
  • Current Sale Recording Date: Dec 04, 2017
  • Current Sale Transaction ID: 11356169719
  • Current Sale Price: $50,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-042761
  • Previous Sale Recording Date: Oct 26, 2012
  • Previous Sale Contract Date: Oct 18, 2012
  • Previous Sale Amount: $91,602
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE CO
  • First Mortgage Transaction Date: Dec 04, 2017
  • First Mortgage Loan Amount: $49,094
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2047

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Frequently Asked Questions

What neighborhood is 1432 Sheldon Street located in?
The 1432 Sheldon Street is a located in the neighborhood of Eastside in Eastside, Lansing.
What is the average sales price for listings in 1432 Sheldon Street?
The average sales price for units in 1432 Sheldon Street is $0 currently.

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