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3808 Fossum Lane

3808 Fossum Lane, Okemos, MI 48864
Property in Meridian
Sold Jul 14, 2020
$278,500
$208,875 by Pnc Bank Na
Mortgage Due Aug 01, 2050
Sold Nov 29, 2017
$45,000
3808 Fossum Lane in Okemos, MI was first built in 2019 and is 5 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 3808 Fossum Lane has 1,674 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. In total, the area measurement of the land is 5,932 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. For those who need parking, there is a garage. The garage is 440 sqft. There are a total of 2 available parking spaces. 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 B. The condition of the building has been evaluated as good. 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. 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, 3808 Fossum Lane was last sold in Jul 9, 2020 for $278,500. According to our calculations, that's $166.37 per sqft. Prior to that sales transaction, the property was sold for $45,000 in Nov 20, 2017. Current property owners are expected to pay $8,913 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2016. The property on 3808 Fossum Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $175,000. To break that down further, the land itself was valued at $27,500. While improvements to the property were assessed at a total of $147,500. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 705
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,932
  • Total Building Area: 1,674
  • Gross Building Area: 1,674
  • Building Area: 1,674
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,674
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INGHAM COUNTY CONDOMINIUM
  • Land Acres: 0.136
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 43 THE VILLAGE OF COLLEGE FIELDS CONDO, INGHAM COUNTY CONDOMINIUM PLAN NO 225 AND AS AMENDED

Ownership

  • Current Owner : CHANG KAREN
  • Previous Owner : MAYBERRY HOMES LLC
  • Owner Before Previous Owner: JONES PROPERTY DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Okemos Public Schools
  • School Tax School District: 33170
  • Census Tract: 005003

Geography

  • Assessors Map Reference: MN-0032-0010
  • District: 01-02
  • Parcel: 33-01-02-32-120-043
  • Municipality: LANSING CITY
  • Latitude: 42.6915
  • Longitude: -84.4588

    Address

  • Full Address: 3808 Fossum Ln
  • Legal Unit: 43
  • Address - House Number: 3808
  • Address - Street Name: Fossum
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Okemos
  • Carrier Code: C019
  • 4-Digit Zip Code: 2491
  • Zip Code: 48864

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $8,913
  • Intital Tax Deliquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 79
  • Final Value: 391,059
  • High Value: 455,028
  • Low Value: 327,089

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,875
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Jul 14, 2020
  • First Open Lien Mortgage Loan Amount: $208,875
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $55,000
  • Market Improvement Value: $295,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,000
  • Assessed Land Value: $27,500
  • Assessed Improvements Value: $147,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 09, 2020
  • Current Sale Recording Date: Jul 14, 2020
  • Current Sale Transaction ID: 11774926549
  • Current Sale Price: $278,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-022337
  • Previous Sale Recording Date: Nov 29, 2017
  • Previous Sale Contract Date: Nov 20, 2017
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Jul 14, 2020
  • First Mortgage Loan Amount: $208,875
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

About Lansing



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Frequently Asked Questions

What neighborhood is 3808 Fossum Lane located in?
The 3808 Fossum Lane is a located in the neighborhood of Meridian in Lansing, Okemos.
What is the average sales price for listings in 3808 Fossum Lane?
The average sales price for units in 3808 Fossum Lane is $0 currently.

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