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1448 Knollwood Ave, Lansing, MI, 48906

3beds
1baths
1,120sqft
$68,000
$61price/sqft
$677/moest. monthly cost
$27,080/yrincome needed

About This Home

Opportunity is knocking at 1448 Knollwood! This Lansing home offers incredible potential for investors, flippers, or buyers looking to build sweat equity and make a home their own. With solid bones and plenty of possibilities, this property is ready for your vision and updates. Whether you're searching for your next investment project or an affordable way to break into homeownership, this is a chance to create value in a convenient Lansing location. Bring your ideas, tools, and creativity. The potential here is undeniable!

Getting Around

64
WalkingSomewhat Walkable
37
TransitSome Transit
72
BikeVery Bikeable

Schools

4/10
Willow SchoolGrades PK-50.3 mi
3/10
J.W. Sexton High SchoolGrades 7-121.5 mi
3/10
Sheridan RoadGrades PK,4-71.5 mi

Construction

Condition

  • Year built: 1880

Materials

  • Roof: Shingle
  • Construction materials: Rough Sawn

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Refrigerator,Water Heater
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Concrete

Bedroom2

  • Level: Second
  • Area: 113.5

Bedroom3

  • Level: Second
  • Area: 82.51

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First
  • Area: 128.96

Features

  • High Ceilings,Natural Woodwork
  • Flooring: Carpet,Linoleum
  • Finished area below ground: 0
  • Finished area above ground: 1,120

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,680
  • Total interior livable area: 1,120 sqft

Kitchen

  • Level: First
  • Area: 117.3136

Living Room

  • Level: First
  • Area: 223.83359999999996

Master Bedroom

  • Level: Second
  • Area: 122.0736

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp

Details

  • Parcel number: 33010108279001
  • Zoning description: Zoning
  • Foundation area: 560

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Front Porch
  • Fencing: None
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 7,405 sqft
  • Features: Back Yard,Front Yard,Rectangular Lot,Corner Lot
  • Lot size dimensions: 54 x 140

Parking

  • Parking features: No Garage

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 WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Inland Flooding
Winter Weather

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 $343$4,116
Home Insurance *$47$564
Property Taxes $99$1,188
Electricity $188$2,259
Total$677$8,124
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$23,211/yr
40% on housing$20,310/yr
45% on housing$18,053/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

$61This listing

vs Other Active Listings

Avg $/sqft

ZIP 48906$87
Ingham County$118

vs Homes Sold Last Month

Median $/sqft

ZIP 48906$130
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)

No zestimate history available

Price History

DateEventPrice
2026-05-07Listed for sale$75,000
2012-02-17Sold$1,422

For Sale by Agent

AgentMissy Lord
BrokerageRE/MAX Real Estate Professionals Dewitt

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