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313 N Magnolia Ave, Lansing, MI, 48912

4beds
2baths
1,264sqft
$149,500
$118price/sqft
$1,257/moest. monthly cost
$50,280/yrincome needed

About This Home

Great opportunity and wonderful location for a homeowner or investor. This house is blocks from the Michigan Avenue corridor close to East Lansing. The home features four bedrooms, two full baths, large living and dining rooms. Hardwood floors throughout, under the carpeting. In the back yard is a shed for extra storage as well.

Getting Around

80
WalkingVery Walkable
37
TransitSome Transit
67
BikeBikeable

Schools

4/10
Pattengill AcademyGrades PK-80.4 mi
5/10
Eastern High SchoolGrades 9-120.3 mi
3/10
Sheridan RoadGrades PK,5-82.7 mi

Construction

Condition

  • Year built: 1918

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Free-Standing Electric Range,Refrigerator,Water Heater
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full

Bathroom3

  • Level: Second
  • Area: 105

Bedroom2

  • Level: Second
  • Area: 101.7

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First
  • Area: 134.54999999999998

Features

  • Flooring: Carpet,Vinyl
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 1,264

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 2,048
  • Total interior livable area: 1,264 sqft

Kitchen

  • Level: First
  • Area: 64

Living Room

  • Level: First
  • Area: 174.9

Master Bedroom

  • Level: First
  • Area: 169

Other

  • Level: Second
  • Area: 105.09000000000002

Property

Details

  • Parcel number: 33010114108251
  • Zoning description: Zoning
  • Foundation area: 784

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Lot 105 Columbia Park
  • Patio & porch: Porch
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 4,356 sqft
  • Features: Back Yard,City Lot
  • Lot size dimensions: 33 x 125

Parking

  • Parking features: Shared Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Strong Wind

FEMA Declared Disasters in Ingham County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $755$9,060
Home Insurance *$95$1,140
Property Taxes $219$2,628
Electricity $188$2,259
Total$1,257$15,084
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$43,097/yr
40% on housing$37,710/yr
45% on housing$33,520/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$118This listing

vs Other Active Listings

Avg $/sqft

ZIP 48912$67
Ingham County$118

vs Homes Sold Last Month

Median $/sqft

ZIP 48912$127
Ingham County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-04Price change$139,450
2026-07-17Price change$149,500
2026-07-01Listed for sale$159,900
2022-08-02Sold$98,000
2022-07-06Pending sale$115,000
2022-06-22Contingent$115,000
2022-05-13Price change$115,000
2022-04-20Pending sale$110,000
2022-04-20Price change$115,000
2022-03-16Pending sale$110,000
2022-02-11Contingent$110,000
2021-12-02Listed for sale$110,000
2020-06-09Listing removed$900
2020-06-03Listed for rent$900

For Sale by Agent

AgentRobert Dowding
BrokerageKeller Williams Realty Lansing

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