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3701 Palmer Street

3701 Palmer Street, Lansing, MI 48910
Property in Old Everett
Sold Jul 20, 2022
$165,000
$162,011 by Flagstar Bank Fsb
Mortgage Due Jul 01, 2052
Sold Jul 10, 2017
$94,999
$93,278 by Flagstar Bank Fsb
Mortgage Due Jul 01, 2047
3701 Palmer 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 1961 and is 63 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3701 Palmer Street has 1,440 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 700 ft. The area measurement of the land has been determined as 8,407 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 352 sqft. According to our sources, there is one available parking space. 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 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. 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, 3701 Palmer Street sold most recently in Jun 30, 2022 for a total of $165,000. If you work out the math, that's approximately a cost of $114.58 per sqft. Before that, the property was also sold for $94,999 in Jul 5, 2017. 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 $590 in taxes each year. 3701 Palmer Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $59,200. If we break it down further, the land itself was valued at $10,300. Improvements to the property, however, were assessed at a total of $48,900. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Aluminum Siding
Brick Exterior

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 1
  • Basement Type: Unspecified basement
  • Basement Area: 987
  • Garage Type: Garage
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 8,407
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,440
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALTER HOLMES ROAD SUB
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 140 WALTER HOLMES ROAD SUB NO 4

Ownership

  • Current Owner : DAVIS TIFFANY
  • Previous Owner : ANDRE BARNES
  • Owner Before Previous Owner: SCHULTZ ESTHER E
  • Owner Before Previous Owner 2: SCHULTZ MARK C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lansing Public School District
  • School Tax School District: 33020
  • Census Tract: 002700

Geography

  • District: 01-01
  • Parcel: 33-01-01-33-154-131
  • Lot: 140
  • Municipality: LANSING CITY
  • Latitude: 42.6942
  • Longitude: -84.5579

    Address

  • Full Address: 3701 Palmer St
  • Legal Unit: 140
  • Address - House Number: 3701
  • Address - Street Name: Palmer
  • Address - Suffix Type: St
  • State: MI
  • City Name: Lansing
  • Carrier Code: C045
  • 4-Digit Zip Code: 0419
  • Zip Code: 48910

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $590

    Appraisal Valuation

  • Standard Deviation: 0.2348
  • Valuation Date: Nov 30, 2022
  • Confidence Score: 67
  • Final Value: 157,718
  • High Value: 194,764
  • Low Value: 120,672

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $162,011
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Jul 20, 2022
  • First Open Lien Mortgage Loan Amount: $162,011
  • 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: Jul 01, 2052

    Market Valuation

  • Market Total Value: $118,400
  • Market Land Value: $20,600
  • Market Improvement Value: $97,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,200
  • Assessed Land Value: $10,300
  • Assessed Improvements Value: $48,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2022
  • Current Sale Recording Date: Jul 20, 2022
  • Current Sale Transaction ID: 11893717195
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 27712
  • Previous Sale Recording Date: Jul 10, 2017
  • Previous Sale Contract Date: Jul 05, 2017
  • Previous Sale Amount: $94,999
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Jul 20, 2022
  • First Mortgage Loan Amount: $162,011
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FLAGSTAR BANK FSB
  • Previous Mortgage Transaction Date: Jul 10, 2017
  • Previous Mortgage Loan Amount: $93,278
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About Southside



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Frequently Asked Questions

What neighborhood is 3701 Palmer Street located in?
The 3701 Palmer Street is a located in the neighborhood of Old Everett in Southside, Lansing.
What is the average sales price for listings in 3701 Palmer Street?
The average sales price for units in 3701 Palmer Street is $0 currently.

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