507 N Magnolia Ave, Lansing, MI, 48912

Location

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507 N Magnolia Ave, Lansing$125,000

Buyer Closing Credits

$1,484^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDetached, Garage, Shared Driveway

Garage2 spaces

Year Built1924

HeatingNatural Gas

CoolingCentral Air

BasementYes

FireplaceNone

ViewNeighborhood

MLS #282007

Lot Size0.09 Acres

StatusActive

About 507 N Magnolia Ave

Located in a quiet neighborhood, this charming two-story home features two spacious bedrooms and a well-appointed bathroom on the second level. Step inside to find a closed-in porch, ideal for quiet moments. The kitchen and dining area seamlessly blend, offering a welcoming space for meals and gatherings. The highlight of the home is the expansive living room. The kitchen is equipped with all appliances, ensuring convenience for daily routines. Outside, a generous two-car garage, newer central air, carpet, and bathroom tile .The roof on the porch is new, while the house roof is 12 years old.

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Property Details

Property Features

Property Information:

• Year Built: 1924
• Living Area: 1,056 SqFt

Listing Office:

• Office Name: Coldwell Banker Realty-West Lansing
• Office Phone: (517) 321-1000
• Listing Agent: Sherree Zea

Interior Features

Interior Information:

• Appliances: Disposal, Electric Range, Washer, Refrigerator, Electric Oven, Dryer, Dishwasher
• Basement: Yes
• Flooring Type: Carpet, Hardwood, Laminate
• Fireplace: None

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Private Pool: No
• View: Neighborhood

Parking Information:

• Garage Space: 2 spaces
• Attached Garage: No
• Parking: Detached, Garage, Shared Driveway

Lot Features

Lot Information:

• Lot: City Lot
• Lot Size: 0.09 Acres

Utilities

Utilities Information:

• Heating: Natural Gas
• Cooling: Central Air

Other

Directions Information:

• Directions: Between Saginaw St and Michigan Ave

Price Information

Listing Price Info

Price Summary:

• List Price: $125,000
• Price Per SqFt: $118/SqFt

Tax Information:

• Annual Amount: $2,634
• Tax Year: 2021

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Housing Market Comparison

See how this home compares to others in Lansing, MI.

Lansing, MI

City

Med. Sold Price

$153.7K

Med. Price/SqFt

$118

Avg. Days On Market

25

# of Sold Homes

129

507 N Magnolia Ave vs Lansing

159 DAYS ON ROCKET

+134 Days

$125,000

-$28.7K Less

$118/SqFt

-$1 Less

KEY TAKEAWAY

This property is $28.7K less than the Median Sold Price and $1/SqFt less than other homes in Lansing, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: Greater Lansing Association of REALTORS®
• MLS Number: #282007

Listing Office:

• Office Name: Coldwell Banker Realty-West Lansing
• Office Phone: (517) 321-1000
• Listing Agent: Sherree Zea

Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Copyright © 2024 Greater Lansing Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 7:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$2,634	$49,500
2020	$2,539	$46,500
2019	$2,366	$46,200
2018	$2,241	$46,100
2017	$2,241	$45,300

History based on county public records data.

Rocket Homes›Michigan›Ingham County›Lansing›48912›507 N Magnolia Ave

This home is located at 507 N Magnolia Ave in Lansing, MI and zip code 48912 in the Foster neighborhood. This 1,056 square foot home, which was built in 1924, sits on a 0.09 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $125,000.

Lansing, MI housing market in November 2024 saw over 49 listings sold above listed price, more than 26 sold at listed price and over 54 sold below. Between October 2024 and November 2024, Lansing, MI real estate market has seen decrease in the number of listings by 0.2%. Listings spent 25 days on the market in November 2024, and had a median list price of $153,784 during the same period.

From Rocket Homes Real Estate and based on county public records data.