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$157,900

Beds
3
Baths
1.0
sq ft
1,428

1205 Loraine Ave, Lansing, MI 48910

1205 Loraine Ave

Lansing Twp, MI 48910

  • 2 days on market
Don't miss this delightful 3-bedroom, 1-bath cape cod nestled in the sought-after Colonial Village neighborhood. The main floor features two spacious bedrooms, a full bathroom, a welcoming living room, and a dedicated dining area that flows into the kitchen, complete with stainless steel appliances.Upstairs, you'll find a generously sized third bedroom with ample storage space. The home sits on an unfinished basement, offering endless potential for the next owner to customize and add value. Some extra features include beautiful original hard wood floors, stainless steel appliances, and central A/C.Step outside to enjoy a nicely sized backyard--perfect for relaxing and entertaining as the warm summer days approach.This home won't be on the market for longschedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$139,861

Lot size

4,356 sq ft

Price per sq ft

$111

Year built

1947

Annual property taxes

$3,084

Price History

01/31/2025
Realcomp

Realcomp #65025003660

Listed
$157,900
+92.56%
08/18/2017
Realcomp

Realcomp #630000217529

Sold
$82,000
+368.57%
02/06/2015
Realcomp

Realcomp #630000064182

Sold
$17,500

Schools & Community

Neighborhood: 

Colonial Village

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lansing

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$76,953
Asking price
$157,900
Closing costs (~8% of asking)
-$12,632
Est. remaining loan balance
-$68,315
Cash to seller
$76,953

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

August 2017

Original loan amount

$80,514

Est. remaining balance

$68,315

Interest rate

3.88%

Loan type

FHA, 30 year

Seller

Charlene Galatian

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/03/2025 at 4:05 AM

Listing updated: 02/02/2025 at 1:09 PM

Listed by: Lauren Maher, Bellabay Realty (SW) Phone #: (616) 649-2900

MLS: Realcomp #65025003660

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