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1318 N Magnolia Ave; Lansing, MI Property Details

1318 N Magnolia Ave, Lansing, MI is a Single Family that was built in 1972. This property is not for sale. Our records show that 1318 N Magnolia Ave has 1.5 bathrooms, and a total of 1,632 square feet. The lot size of 1318 N Magnolia Ave is 8,581 square feet.

Off market
1318 N Magnolia Ave Lansing, MI 48912
$119,400 Estimated Value
1.5 Baths
1,632 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1972
  • Purchase Price: $91,500
  • Open Loans / Balance: 2 / $123,791
  • Est. Equity / %: $184,209 / 59.81%
  • Gross Yield: 11.832%
  • APN: 33-01-01-11-154-051
  • Situs County: Ingham
  • Length Of Ownership: 34 years, 2 months

Rooms

  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood Siding
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Porch Type: Yes
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,632/SqFt
  • Lot: 8,581/SqFt
  • Gross: 1,632/SqFt
  • Garage: 431/SqFt
  • Living: 1,632/SqFt
  • Basement: 672/SqFt
  • Building: 1,632/SqFt
  • Ground: 918/SqFt
  • Garage Unfinished: 431/SqFt
  • Basement Unfinished: 672/SqFt
  • Price Per Square Foot: $56.07

Legal Description

  • Description: LOT 502 EXC N 65 FT ALSO LOT 503 GROESBECK HILLS SUB NO 12
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Lansing Public School District
  • Lat / Lon: 42.749023 / -84.51983
  • Subdivision: Groesbeck Hills 12
  • Property Class: Residential
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3342
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1318 N Magnolia Ave has no associated ownership info
1318 N Magnolia Ave has no associated ownership info.

Taxes

1318 N Magnolia Ave has 10 associated Taxes items

1318 N Magnolia Ave, Lansing, MI pays taxes in Ingham County, MI. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $119,400. The APN we've located for 1318 N Magnolia Ave is 33-01-01-11-154-051.

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Taxes
  • Assessed Value:  $119,400
  • Assessed Year:  2026
  • Assessed County:  Ingham
  • APN:  33-01-01-11-154-051
  • Assessed Land Value:  15000
  • Market Land Value:  30000
  • Tax Amount:  5163.54
  • Tax Year:  2025
  • Market Value:  238800
  • Market Year:  2026

Tax History

1318 N Magnolia Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $119,400 Land Value $15,000 Improvement Value $104,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,163.54 Change Rate +0.030875% Assessed CR Tax Rate
Year 2024 Assessed Value $107,200 Land Value $16,300 Improvement Value $90,900 Tax Amount $5,008.89 Change Rate +0.067288% Assessed CR Tax Rate +0.046725%
Year 2023 Assessed Value $99,000 Land Value $16,300 Improvement Value $82,700 Tax Amount $4,693.1 Change Rate +0.110845% Assessed CR Tax Rate +0.047405%
Year 2022 Assessed Value $90,800 Land Value $14,000 Improvement Value $76,800 Tax Amount $4,224.8 Change Rate +0.021287% Assessed CR Tax Rate +0.046529%
Year 2021 Assessed Value $91,200 Land Value $13,300 Improvement Value $77,900 Tax Amount $4,136.74 Change Rate +0.005965% Assessed CR Tax Rate +0.045359%
Year 2020 Assessed Value $87,100 Land Value $13,300 Improvement Value $73,800 Tax Amount $4,112.21 Change Rate +0.04228% Assessed CR Tax Rate +0.047213%
Year 2019 Assessed Value $79,800 Land Value $13,300 Improvement Value $66,500 Tax Amount $3,945.4 Change Rate +0.090058% Assessed CR Tax Rate +0.049441%
Year 2018 Assessed Value $71,800 Land Value $13,300 Improvement Value $58,500 Tax Amount $3,619.44 Change Rate +0.026137% Assessed CR Tax Rate +0.05041%
Year 2017 Assessed Value $71,800 Land Value $13,300 Improvement Value $58,500 Tax Amount $3,527.25 Change Rate Assessed CR Tax Rate +0.049126%
Year 2016 Assessed Value $68,000 Land Value $13,300 Improvement Value $54,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $66,000 Land Value $26,544 Improvement Value $39,456 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $63,900 Land Value $26,544 Improvement Value $37,356 Tax Amount $3,381.91 Change Rate Assessed CR Tax Rate +0.052925%