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646 South Francis Avenue

646 South Francis Avenue, Lansing, MI 48912
Property in Square One
Sold Sep 29, 2005
$25,000
$51,750 by Meritage Mortgage Corp
Mortgage Due Oct 01, 2035
Sold Jun 02, 2004
$25,000
646 South Francis Avenue has been categorized by the local assessors in Lansing, MI as a residential type of property. The building on the property was first built in 1954 and is 70 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 646 South Francis Avenue has 616 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,320 ft and across the front of the lot is 380 ft. The area measurement of the land has been determined as 5,009 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a forced air unit and being fueled with gas. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 646 South Francis Avenue sold most recently in Sep 23, 2005 for a total of $25,000. If you work out the math, that's approximately a cost of $40.58 per sqft. Before that, the property was also sold for $25,000 in Apr 30, 2004. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $224 in taxes each year. 646 South Francis Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $16,700. If we break it down further, the land itself was valued at $3,200. Improvements to the property, however, were assessed at a total of $13,500. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 616
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,009
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 380
  • Total Building Area: 616
  • Gross Building Area: 616
  • Building Area: 616
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 616
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROWNS SUB
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 52 BROWNS SUB OF A PART OF OUTLOTS A AND B OF SNYDERS ADD

Ownership

  • Current Owner : KISER CAROL
  • Previous Owner : THE FORBIS FAMILY LP
  • Owner Before Previous Owner: FORBIS GREG
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lansing Public School District
  • School Tax School District: 33020
  • Census Tract: 001200

Geography

  • District: 01-01
  • Parcel: 33-01-01-14-380-131
  • Lot: 52
  • Municipality: LANSING CITY
  • Latitude: 42.7259
  • Longitude: -84.5167

    Address

  • Full Address: 646 S Francis Ave
  • Legal Unit: 52,S
  • Address - House Number: 646
  • Street Direction: S
  • Address - Street Name: Francis
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Lansing
  • Carrier Code: C096
  • 4-Digit Zip Code: 3818
  • Zip Code: 48912

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $224

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Nov 30, 2022
  • Confidence Score: 77
  • Final Value: 51,833
  • High Value: 60,941
  • Low Value: 42,725

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $51,750
  • First Open Lien Mortgage Lender: MERITAGE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 29, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $51,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2035

    Market Valuation

  • Market Total Value: $33,400
  • Market Land Value: $6,400
  • Market Improvement Value: $27,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,700
  • Assessed Land Value: $3,200
  • Assessed Improvements Value: $13,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 23, 2005
  • Current Sale Recording Date: Sep 29, 2005
  • Current Sale Transaction ID: 1104265319
  • Current Sale Price: $25,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2005-052420
  • Previous Sale Recording Date: Jun 02, 2004
  • Previous Sale Contract Date: Apr 30, 2004
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: Land Contract

    Last Sale Mortgage

  • First Mortgage Lender: MERITAGE MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 29, 2005
  • First Mortgage Loan Amount: $51,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Oct 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: GREG FORBIS
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Type: Seller take-back

About Eastside



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Frequently Asked Questions

What neighborhood is 646 South Francis Avenue located in?
The 646 South Francis Avenue is a located in the neighborhood of Square One in Eastside, Lansing.
What is the average sales price for listings in 646 South Francis Avenue?
The average sales price for units in 646 South Francis Avenue is $0 currently.

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