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Backup Offers

5300 S Martin Luther King Jr Blvd, Lansing, MI, 48911

$80,000

Home List Price

$950*

Closing Credit

3 Bedrooms
1 Full Bath
1,120 SqFt
$71/SqFt
House

Location

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5300 S Martin Luther King Jr Blvd, Lansing$80,000

Buyer Closing Credits

$950*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Faces Side
Garage1 space
Year Built1951
HeatingCentral, Forced Air, Natural Gas
CoolingNone
BasementYes
ViewNeighborhood
MLS #282178
Lot Size0.22 Acres
StatusAccepting Backup Offers
(Active Backup)

About 5300 S Martin Luther King Jr Blvd

Welcome to 5300 S Martin Luther King Jr Blvd, a promising rehab special offering endless potential. Nestled on a spacious city lot providing ample outdoor space with convenient access from Ferly Street, this cape cod style home presents a rare opportunity to craft your ideal residence in a convenient location and customize the interior to suit your preferences. Motivated seller is open to all reasonable offers, making this a prime opportunity to create value and realize your vision.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1951
  • Living Area: 1,120 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Lansing-East
  • Office Phone: (517) 853-1200
  • Listing Agent: Brock Fletcher

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Flooring Type: Laminate, Vinyl, Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood
  • Exterior: None

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Driveway, Garage Faces Side

Lot Features

Lot Information:

  • Lot: Back Yard, City Lot, Front Yard, Level, Corner Lot
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Jolly to S on MLK Jr Blvd to W on Ferly St. Driveway is on Ferry St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $80,000
  • Price Per SqFt: $71/SqFt

Tax Information:

  • Annual Amount: $2,173
  • Tax Year: 2021
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Housing Market Comparison

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

Map thumbnail provided by MapBox

Lansing, MI

City

Med. Sold Price

$150.5K

Med. Price/SqFt

$118

Avg. Days On Market

25

# of Sold Homes

138

5300 S Martin Luther King Jr Blvd vs Lansing

119 DAYS ON ROCKET

+94 Days

$80,000

-$70.5K Less

$71/SqFt

-$47 Less

KEY TAKEAWAY

This property is $70.5K less than the Median Sold Price and $47/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: #282178

Listing Office:

  • Office Name: Keller Williams Realty Lansing-East
  • Office Phone: (517) 853-1200
  • Listing Agent: Brock Fletcher

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: 11/14/2024, 11:20:53 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

Apr 18, 2012Home Sold
$16,000
Mar 30, 2011Home Sold
$57,765

Tax History

YEARPROP. TAXASSESSMENT
2021$2,173$36,700
2020$2,095$35,400
2019$2,184$33,800
2018$1,461$30,800
2017$1,461$27,200

History based on county public records data.

Payment Calculator

$467

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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-309636
1
/10

  • Reo School

  • 1221 Reo Rd

  • 0.40 miles

  • Public District Grades PK-3

school-card-donut-309637
5
/10

  • Cavanaugh School

  • 300 W Cavanaugh Rd

  • 0.99 miles

  • Public District Grades PK-3

school-card-donut-309638
4
/10

  • Wexford Montessori Magnet School

  • 5217 Wexford Rd

  • 1.33 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,289. The most common annual income of people living in Lansing, MI is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5300 S Martin Luther King Jr Blvd

What is the listing price of this property?

The listing price of 5300 S Martin Luther King Jr Blvd property is $80,000.

What type of property is this?

The property 5300 S Martin Luther King Jr Blvd is a house located in Lansing, Michigan, 48911.

Is this property for sale now?

Accepting Backup Offers: 5300 S Martin Luther King Jr Blvd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,173 (source: MLS/based on county public records data).

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

The last sale was on April 18, 2012 for $16,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5300 S Martin Luther King Jr Blvd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5300 S Martin Luther King Jr Blvd is 1,120 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5300 S Martin Luther King Jr Blvd is 1951.

Rocket Homes›Michigan›Ingham County›Lansing›48911›5300 S Martin Luther King Jr Blvd

This home is located at 5300 S Martin Luther King Jr Blvd in Lansing, MI and zip code 48911 in the Southside neighborhood. This 1,120 square foot home, which was built in 1951, sits on a 0.22 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $80,000.

Lansing, MI housing market in October 2024 saw over 54 listings sold above listed price, more than 25 sold at listed price and over 59 sold below. The inventory of homes for sale in Lansing, MI between September 2024 and October 2024 increased by 5.9%. In October 2024 median list price was $150,550 and the average listing age was 25 days.

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

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