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317 Rumsey Avenue

317 Rumsey Avenue, Lansing, MI 48912
Property in Eastside
Sold Jun 21, 2005
$122,000
$97,600 by Gmac Mortgage Corp
Mortgage Due Jul 01, 2035
Sold Dec 17, 2004
$55,000
317 Rumsey Avenue 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 1916 and is 108 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 317 Rumsey Avenue has 1,472 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 1,635 ft and across the front of the lot is 430 ft. The area measurement of the land has been determined as 7,013 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 204 sqft. According to our sources, there is one available parking space. 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 C 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 317 Rumsey Avenue was last sold in Jun 7, 2005 for $122,000. According to our calculations, that's $82.88 per sqft. Prior to that sales transaction, the property was sold for $55,000 in Nov 22, 2004. Current property owners are expected to pay $521 in taxes per year. The property on 317 Rumsey Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $58,100. To break that down further, the land itself was valued at $7,400. While improvements to the property were assessed at a total of $50,700. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1916
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 756
  • Garage Type: Garage
  • Garage Square Area: 204
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,013
  • Lot Size Depth Feet: 1,635
  • Lot Size Frontage Feet: 430
  • Total Building Area: 1,472
  • Gross Building Area: 1,472
  • Building Area: 1,472
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,472
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RUMSEYS MICHIGAN
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1 BLOCK 3 RUMSEYS MICHIGAN AVENUE ADD

Ownership

  • Current Owner : PELTONEN WILLIAM W
  • Current Owner 2: PELTONEN CYNTHIA S
  • Previous Owner : YELVINGTON ONEILL SUE
  • Owner Before Previous Owner: WM SPECIALTY MORTGAGE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lansing Public School District
  • School Tax School District: 33020
  • Census Tract: 006500

Geography

  • District: 01-01
  • Parcel: 33-01-01-15-253-261
  • Block: 3
  • Lot: 1
  • Municipality: LANSING CITY
  • Latitude: 42.7364
  • Longitude: -84.5275

    Address

  • Full Address: 317 Rumsey Ave
  • Legal Unit: 1
  • Address - House Number: 317
  • Address - Street Name: Rumsey
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Lansing
  • Carrier Code: C089
  • 4-Digit Zip Code: 2834
  • Zip Code: 48912

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $521

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Nov 30, 2022
  • Confidence Score: 68
  • Final Value: 146,138
  • High Value: 179,502
  • Low Value: 112,774

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $97,600
  • First Open Lien Mortgage Lender: GMAC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 21, 2005
  • First Open Lien Mortgage Loan Amount: $97,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2035

    Market Valuation

  • Market Total Value: $116,200
  • Market Land Value: $14,800
  • Market Improvement Value: $101,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,100
  • Assessed Land Value: $7,400
  • Assessed Improvements Value: $50,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 07, 2005
  • Current Sale Recording Date: Jun 21, 2005
  • Current Sale Transaction ID: 1150837806
  • Current Sale Price: $122,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2005-032367
  • Previous Sale Recording Date: Dec 17, 2004
  • Previous Sale Contract Date: Nov 22, 2004
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: GMAC MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 21, 2005
  • First Mortgage Loan Amount: $97,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2035

About Eastside



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Frequently Asked Questions

What neighborhood is 317 Rumsey Avenue located in?
The 317 Rumsey Avenue is a located in the neighborhood of Eastside in Eastside, Lansing.
What is the average sales price for listings in 317 Rumsey Avenue?
The average sales price for units in 317 Rumsey Avenue is $0 currently.

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