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1516 Knollwood Ave, Lansing, MI, 48906

$71,000

Home List Price

$843*

Closing Credit

2 Bedrooms
1 Full Bath
720 SqFt
$99/SqFt
House
Schools Nearby

Location

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1516 Knollwood Ave, Lansing$71,000

Buyer Closing Credits

$843*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1956
HeatingForced Air, Natural Gas
CoolingNone
MLS #279040
Lot Size0.11 Acres
StatusActive

About 1516 Knollwood Ave

Welcome to 1516 Knollwood. This property would be a great investment property, or primary residence. Fresh paint and flooring throughout. Property is located in the flood zone.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1956
  • Stories: 1
  • Living Area: 720 SqFt

Listing Office:

  • Office Name: RE/MAX Real Estate Professionals
  • Office Phone: (517) 339-8255
  • Listing Agent: Bradley Frary

Interior Features

Interior Information:

  • Appliances: Water Heater, Refrigerator
  • Basement: No
  • Interior: Eat-in Kitchen, Laminate Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Back Yard, City Lot
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Knollwood Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $71,000
  • Price Per SqFt: $99/SqFt

Tax Information:

  • Annual Amount: $2,069
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lansing, MI.

Med. Sold Price

$145.1K

Med. Price/SqFt

$113

Avg. Days On Market

15

# of Sold Homes

133

1516 Knollwood Ave vs Lansing

51 DAYS ON ROCKET

+36 Days

$71,000

-$74.1K Less

$99/SqFt

-$15 Less

KEY TAKEAWAY

This property is $74.1K less than the Median Sold Price and $15/SqFt less than other homes 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: #279040

Listing Office:

  • Office Name: RE/MAX Real Estate Professionals
  • Office Phone: (517) 339-8255
  • Listing Agent: Bradley Frary

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: 4/27/2024, 3:20:21 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$2,069$19,100
2020$1,116$16,600
2019$1,053$15,700
2018$1,000$13,400
2017$1,000$13,000

History based on county public records data.

Payment Calculator

$422

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$279

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-1377958
1
/10
  • Gier Park School

  • 401 E Gier St

  • 0.91 miles

  • Public District Grades PK-3

school-card-donut-1377959
3
/10
  • Cumberland School

  • 2801 Cumberland Rd

  • 1.31 miles

  • Public District Grades PK-3

school-card-donut-1377960
2
/10
  • Riddle Elementary School

  • 221 Huron St

  • 1.48 miles

  • Public District Grades PK-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,393. Residents of Lansing, MI typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1516 Knollwood Ave

What is the listing price of this property?

The listing price of 1516 Knollwood Ave property is $71,000.

What type of property is this?

The property 1516 Knollwood Ave is a house located in Lansing, Michigan, 48906.

Is this property for sale now?

Active Listing: 1516 Knollwood Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,069 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1516 Knollwood Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1516 Knollwood Ave is 720 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1516 Knollwood Ave is 1956.

Rocket HomesMichiganClinton CountyLansing489061516 Knollwood Ave

This home is located at 1516 Knollwood Ave in Lansing, MI and zip code 48906 in the Knollwood Willow neighborhood. This 720 square foot home, which was built in 1956, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $71,000.

In March 2024 more than 64 listings in Lansing, MI were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 47 were sold below. Between February 2024 and March 2024, Lansing, MI real estate market has seen increase in the number of listings by 3.9%. Listings spent 15 days on the market in March 2024, and had a median list price of $145,141 during the same period.

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

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