27 days on rocket

516 Monroe St, Lansing, MI, 48906

$124,900

Home List Price

$1,483*

Closing Credit

2 Bedrooms
1 Full Bath
720 SqFt
$173/SqFt
House

Location

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516 Monroe St, Lansing$124,900

Buyer Closing Credits

$1,483*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1923
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #284999
Lot Size0.20 Acres
StatusActive

About 516 Monroe St

Discover comfort and convenience in this beautifully updated 2-bedroom, 1-bath home, ideally situated in a central location. Updated finishes throughout create a warm and inviting atmosphere. The functional kitchen is perfect for everyday living, while the spacious bedrooms offer a peaceful retreat. With nearby amenities, easy access to shopping, dining, and transportation, this property is perfect for those looking for an ideal blend of charm and convenience. Don't miss your chance to make this gem your own!

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Living Area: 720 SqFt

Listing Office:

  • Office Name: Bellabay Realty, LLC
  • Office Phone: (616) 871-9200
  • Listing Agent: Brian Ozbun

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator, Range, Dishwasher
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Oakland/Cedar(S), Monroe(E)

Price Information

Listing Price Info

Price Summary:

  • List Price: $124,900
  • Price Per SqFt: $173/SqFt

Tax Information:

  • Annual Amount: $1,209
  • Tax Year: 2021
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Housing Market Comparison

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

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Lansing, MI

City

Med. Sold Price

$153.7K

Med. Price/SqFt

$118

Avg. Days On Market

25

# of Sold Homes

129

516 Monroe St vs Lansing

27 DAYS ON ROCKET

+2 Days

$124,900

-$28.8K Less

$173/SqFt

+$54 More

KEY TAKEAWAY

This property is $28.8K less than the Median Sold Price and $54/SqFt more 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: #284999

Listing Office:

  • Office Name: Bellabay Realty, LLC
  • Office Phone: (616) 871-9200
  • Listing Agent: Brian Ozbun

IDX 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: 12/17/2024, 11:51:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 11, 2014Home Sold
$19,900

Tax History

YEARPROP. TAXASSESSMENT
2021$1,209$19,200
2020$1,173$17,900
2019$1,107$17,000
2018$1,052$15,600
2017$1,052$15,100

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4400435
5
/10

  • Willow School

  • 1012 W Willow St

  • 1.16 miles

  • Public District Grades PK-4

school-card-donut-4400436
1
/10

  • Gier Park School

  • 401 E Gier St

  • 1.17 miles

  • Public District Grades PK-3

school-card-donut-4400437
5
/10

  • Pattengill School

  • 815 N Fairview Ave

  • 1.21 miles

  • Public Magnet Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,464. Residents of Lansing, MI typically earn less than $35k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 Monroe St

What is the listing price of this property?

The listing price of 516 Monroe St property is $124,900.

What type of property is this?

The property 516 Monroe St is a house located in Lansing, Michigan, 48906.

Is this property for sale now?

Active Listing: 516 Monroe St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,209 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 11, 2014 for $19,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 516 Monroe St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 516 Monroe St is 720 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516 Monroe St is 1923.

Rocket Homes›Michigan›Clinton County›Lansing›48906›516 Monroe St

This home is located at 516 Monroe St in Lansing, MI and zip code 48906 in the Eastside neighborhood. This 720 square foot home, which was built in 1923, sits on a 0.20 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $124,900.

In November 2024 more than 49 listings in Lansing, MI were sold above the asking price. During the same period more than 26 listings were sold at asking price, while more than 54 were sold below. The inventory of homes for sale in Lansing, MI between October 2024 and November 2024 decreased by 0.2%. While the average time on the market in November 2024 was 25 days, the median list price was $153,784.

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

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