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1501 N Magnolia Ave; Lansing, MI Property Details

1501 N Magnolia Ave, Lansing, MI is a Single Family that was built in 1969. This property is currently Financed and is not for sale. Our records show that 1501 N Magnolia Ave has 4 bedrooms, and 2 bathrooms, and a total of 2,156 square feet. The lot size of 1501 N Magnolia Ave is 12,153 square feet.

Off market
1501 N Magnolia Ave Lansing, MI 48912
$109,900 Listing Price
4 Beds
2 Baths
2,156 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1969
  • Purchase Price: $109,900
  • Open Loans / Balance: 1 / $59,408
  • Est. Equity / %: $265,592 / 81.72%
  • Gross Yield: 12.849%
  • APN: 33-01-01-11-153-211
  • Situs County: Ingham
  • Length Of Ownership: 13 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 2

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Porch Type: Yes
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 2,156/SqFt
  • Lot: 12,153/SqFt
  • Gross: 2,156/SqFt
  • Garage: 440/SqFt
  • Living: 2,156/SqFt
  • Basement: 1,094/SqFt
  • Building: 2,156/SqFt
  • Ground: 1,094/SqFt
  • Garage Unfinished: 440/SqFt
  • Basement Unfinished: 1,094/SqFt
  • Price Per Square Foot: $50.97

Legal Description

  • Description: LOT 489 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: 42.7504 / -84.52049
  • Subdivision: Groesbeck Hills 12
  • Property Class: Residential
  • Zoning: A-1 RES
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3345
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1501 N Magnolia Ave has no associated ownership info
1501 N Magnolia Ave has no associated ownership info.

Taxes

1501 N Magnolia Ave has 10 associated Taxes items

1501 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 $157,600. The APN we've located for 1501 N Magnolia Ave is 33-01-01-11-153-211.

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Taxes
  • Assessed Value:  $157,600
  • Assessed Year:  2026
  • Assessed County:  Ingham
  • APN:  33-01-01-11-153-211
  • Assessed Land Value:  19000
  • Market Land Value:  38000
  • Tax Amount:  6236.6
  • Tax Year:  2025
  • Market Value:  315200
  • Market Year:  2026

Tax History

1501 N Magnolia Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $157,600 Land Value $19,000 Improvement Value $138,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $6,236.6 Change Rate +0.031008% Assessed CR Tax Rate
Year 2024 Assessed Value $142,000 Land Value $20,800 Improvement Value $121,200 Tax Amount $6,049.03 Change Rate +0.067477% Assessed CR Tax Rate +0.042599%
Year 2023 Assessed Value $129,300 Land Value $20,800 Improvement Value $108,500 Tax Amount $5,666.66 Change Rate +0.111273% Assessed CR Tax Rate +0.043826%
Year 2022 Assessed Value $116,600 Land Value $17,700 Improvement Value $98,900 Tax Amount $5,099.25 Change Rate +0.021302% Assessed CR Tax Rate +0.043733%
Year 2021 Assessed Value $115,100 Land Value $16,900 Improvement Value $98,200 Tax Amount $4,992.89 Change Rate +0.005903% Assessed CR Tax Rate +0.043379%
Year 2020 Assessed Value $110,300 Land Value $16,900 Improvement Value $93,400 Tax Amount $4,963.59 Change Rate +0.042025% Assessed CR Tax Rate +0.045001%
Year 2019 Assessed Value $101,800 Land Value $16,900 Improvement Value $84,900 Tax Amount $4,763.41 Change Rate +0.09018% Assessed CR Tax Rate +0.046792%
Year 2018 Assessed Value $93,600 Land Value $16,900 Improvement Value $76,700 Tax Amount $4,369.38 Change Rate +0.026057% Assessed CR Tax Rate +0.046681%
Year 2017 Assessed Value $93,600 Land Value $16,900 Improvement Value $76,700 Tax Amount $4,258.42 Change Rate Assessed CR Tax Rate +0.045496%
Year 2016 Assessed Value $88,600 Land Value $16,900 Improvement Value $71,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $86,300 Land Value $33,726 Improvement Value $52,574 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $83,800 Land Value $33,726 Improvement Value $50,074 Tax Amount $4,082.08 Change Rate Assessed CR Tax Rate +0.048712%