new - 7 days on rocket

628 N Magnolia Ave, Lansing, MI, 48912

$419,800

Home List Price

$4,985*

Closing Credit

0 Baths
Multi

Location

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628 N Magnolia Ave, Lansing$419,800

Buyer Closing Credits

$4,985*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDriveway
Year Built1956
HeatingForced Air, Natural Gas
CoolingVaries By Unit, None
BasementYes
MLS #284746
Lot Size0.10 Acres
StatusActive

About 628 N Magnolia Ave

Unlock Your Investment Potential with This 4-Property Portfolio! Discover a prime investment opportunity with this impressive property portfolio! Featuring four well-maintained single-family homes, this collection is an ideal addition for seasoned investors or anyone looking to enter the real estate market. The properties included are: - 628 N Magnolia (currently available) - 3828 Burchfield (rented) - 6220 Cooper (rented) - 607 N Foster (rented) With three of the four units already generating income, you can start earning right away! Don't miss out on this chance to expand or jump-start your investment portfolio. Call for more information. Buyer or buyers agent is responsible for verifying all information and square footage. Seller is a licensed agent in state of Michigan

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow, Ranch
  • Year Built: 1956
  • Stories: 1

Listing Office:

  • Office Name: White Pine Sotheby's International Realty
  • Office Phone: (517) 777-8224
  • Listing Agent: Rob Buffington

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Back Yard, City Lot
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Varies By Unit, None

Other

Directions Information:

  • Directions: Call Listing Agent

Price Information

Listing Price Info

Price Summary:

  • List Price: $419,800

Tax Information:

  • Annual Amount: $3,413
  • 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

$150.5K

Med. Price/SqFt

$118

Avg. Days On Market

25

# of Sold Homes

138

628 N Magnolia Ave vs Lansing

7 DAYS ON ROCKET

-18 Days

$419,800

+$269.2K More

KEY TAKEAWAY

This property is $269.2K more than the Median Sold Price 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: #284746

Listing Office:

  • Office Name: White Pine Sotheby's International Realty
  • Office Phone: (517) 777-8224
  • Listing Agent: Rob Buffington

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, 8:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,413$29,500
2020$1,808$28,100
2019$1,706$27,000
2018$1,623$24,800
2017$1,623$24,400

History based on county public records data.

Payment Calculator

$2,163

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,325

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-171966
5
/10

  • Pattengill School

  • 815 N Fairview Ave

  • 0.17 miles

  • Public Magnet Grades PK-6

school-card-donut-171967
7
/10

  • Glencairn School

  • 939 N Harrison Rd

  • 1.30 miles

  • Public District Grades PK-5

school-card-donut-171968
5
/10

  • Pinecrest School

  • 1811 Pinecrest Dr

  • 1.52 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,276. 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

Rocket Homes›Michigan›Ingham County›Lansing›48912›628 N Magnolia Ave

This home is located at 628 N Magnolia Ave in Lansing, MI and zip code 48912 in the Foster neighborhood. This home, which was built in 1956, sits on a 0.10 acre lot. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $419,800.

In October 2024, from all listings sold in Lansing, MI there were more than 54 sold above asking price, over 59 sold below and more than 25 were sold right at the asked price. The number of listings in Lansing, MI increased by 5.9% between September 2024 and October 2024. The median list price of listings available in October 2024 was $150,550, while the average time on the real estate market was 25 days.

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

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