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4811 Palmer Street

4811 Palmer Street, Lansing, MI 48910
Property in Old Everett
Sold Jul 06, 2021
$133,000
$130,591 by American Portfolio Mortgage Co
Mortgage Due Jul 01, 2051
Sold Oct 20, 2005
$103,400
$82,720 by Option One Mortgage Corp
Mortgage Due Nov 01, 2035
4811 Palmer Street in Lansing, MI was first built in 1980 and is 44 years old. This has been categorized as a residential property type. There are a total of 1 floors. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 4811 Palmer Street has 1,008 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. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,980. In total, the area measurement of the land is 9,888 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. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. 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 C-. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk inside and you'll find flooring throughout the home. 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. The property was last sold in Jun 22, 2021 for $133,000. That's $131.94 per sqft. Prior to that sales transaction, the property was also sold in Oct 13, 2005 for $103,400. 4811 Palmer Street was last assessed in 2022. The total value of the property was assessed at $44,800. Specifically, the land the property is located on was valued at $8,000. While improvements on the property were assessed at a total of $36,800. 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 $561. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 2
  • 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: 1
  • Floor Cover: Linoleum
  • Basement Type: Unspecified basement
  • Basement Area: 672
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 9,888
  • Lot Size Depth Feet: 1,980
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,008
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUPERVISORS PLAT
  • Land Acres: 0.227
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S 1/2 LOT 30 SUPERVISORS PLAT OF BROOKDALE SUB

Ownership

  • Current Owner : SMITH FORREST T
  • Current Owner 2: SMITH JORDEN L
  • Previous Owner : FULLER TONY D
  • Previous Owner 2: FULLER WENDY S
  • Owner Before Previous Owner: PARDEE DOUGLAS C
  • Owner Before Previous Owner 2: PARDEE ANN C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Geography

  • District: 01-01
  • Parcel: 33-01-01-33-353-025
  • Lot: 30
  • Municipality: LANSING CITY
  • Latitude: 42.6854
  • Longitude: -84.56

    Address

  • Full Address: 4811 Palmer St
  • Legal Unit: 30
  • Address - House Number: 4811
  • Address - Street Name: Palmer
  • Address - Suffix Type: St
  • State: MI
  • City Name: Lansing
  • Carrier Code: C039
  • 4-Digit Zip Code: 5330
  • Zip Code: 48910

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $561

    Appraisal Valuation

  • Standard Deviation: 0.2396
  • Valuation Date: Nov 30, 2022
  • Confidence Score: 66
  • Final Value: 128,454
  • High Value: 159,235
  • Low Value: 97,673

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $140,469
  • First Open Lien Mortgage Lender: AMERICAN PORTFOLIO MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jul 06, 2021
  • First Open Lien Mortgage Loan Amount: $130,591
  • 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, 2051
  • Second Open Lien Mortgage Lender: MICHIGAN STATE HOUSING DEV AUT
  • Second Open Lien Mortgage Recording Date: Jul 06, 2021
  • Second Open Lien Mortgage Loan Amount: $9,878
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Market Valuation

  • Market Total Value: $89,600
  • Market Land Value: $16,000
  • Market Improvement Value: $73,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,800
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $36,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 22, 2021
  • Current Sale Recording Date: Jul 06, 2021
  • Current Sale Transaction ID: 11844727943
  • Current Sale Price: $133,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-029826
  • Previous Sale Recording Date: Oct 20, 2005
  • Previous Sale Contract Date: Oct 13, 2005
  • Previous Sale Amount: $103,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PORTFOLIO MORTGAGE CO
  • First Mortgage Transaction Date: Jul 06, 2021
  • First Mortgage Loan Amount: $130,591
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: OPTION ONE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 20, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $82,720
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2035

About Southside



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4811 Palmer Street located in?
The 4811 Palmer Street is a located in the neighborhood of Old Everett in Southside, Lansing.
What is the average sales price for listings in 4811 Palmer Street?
The average sales price for units in 4811 Palmer Street is $0 currently.

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