NOT LISTED FOR SALE

Estimated Value: $116,876 - $133,000

-- Bed
1 Bath
1,337 Sq Ft
$93/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $96,450 $72 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $697/month

12 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Cooling Available
  • Wood Flooring
  • Private Yard
  • 3-minute walk to Reasoner Park

About This Home

As of October 2021

Very Nice Duplex located in Walking distance to Old Town Lansing, Just a Block North of the Dodge Turner Mansion, main floor unit offers 2 Bedrooms, Living Room and Formal Dining , some Natural wood floors , Spacious kitchen, mud room , 1 Full bath that has been updated . Laundry is in the Basement. Unit 2 Upper level has its own side entrance , 1 Bedroom , Living room , Dinette area and its own Laundry room , 1 Full Bath. Great Potential !

Last Listed By

John DeMarco

Keller Williams Realty Lansing License #6501212073 Listed on: 06/25/2021

Keller Williams Realty Lansing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,267

Year Built

  • Built in 1903

Lot Details

  • 5,532 Sq Ft Lot
  • Lot Dimensions are 60x92
  • Corner Lot
  • Private Yard

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,337 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Michigan Basement

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Laundry in multiple locations
  • Washer and Electric Dryer Hookup

Parking

  • 4 Parking Spaces
  • Driveway

Location

  • Property is near public transit
  • City Lot

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas
  • Wall Furnace
  • 100 Amp Service
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $12,000

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,400
  • New Taxes Expense $2,267

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,267

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Gross Rent: 12000.0
  • Misc Business Info Parking Surface: Concrete
  • Misc Business Info Roof Type: Shingle
  • Tax Year: 2019
  • Levels: Two
  • Year Built: 1903
  • Lot Size Acres: 0.13
  • Lot Size: 60x92
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1337.0
  • General Property Info:Lot Size Dimensions: 60x92
  • General Property Info:Above Grade Finished Area: 1337.0
  • Levels:Two2: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Inside: Yes
  • Laundry Features:Washer Hookup: Yes
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Electric:_one_00 Amp Service: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes
  • Flooring:Vinyl2: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Flooring:Hardwood: Yes
  • Electric:Circuit Breakers: Yes
  • Tax Info:Taxes2: 2267.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: Duples
  • General Property Info:_pound_ of Units: 2
  • Water Heater:Electric Water Heater2: Yes
  • Annual Inc Expense:Insurance4: 1400.0
  • Annual Inc Expense:Tax Expense2: 2267.0
  • Cooling:Ceiling Fan(s)2: Yes
  • Laundry Features:Multiple Locations: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan
  • Heating: Central, Natural Gas, Wall Furnace
  • Flooring: Carpet, Hardwood, Laminate, Vinyl
  • Property Type: Resid/Multi-Family
  • Basement:Michigan: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Private Yard
  • Foundation Details: Concrete Perimeter
  • Lot Features: City Lot, Near Public Transit, Corner Lot
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Construction Type: Vinyl Siding
  • Lot Features:City Lot: Yes
  • Lot Features:Near Public Transit: Yes
  • Lot Features:Corner Lot: Yes
  • Exterior Features:Private Yard: Yes

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s)
  • Electric: 100 Amp Service, Circuit Breakers
  • LaundryFeatures: Electric Dryer Hookup, Inside, Multiple Locations, Washer Hookup
  • Utilities: High Speed Internet Available, Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Heating:Central: Yes
  • Heating:Wall Furnace: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 5532.12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 4305

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Oct 15, 2021
Sold by
Bewersdorff Ronald S and Bewersdorff Cynthia J
Bought by
Bean Keegan
Seller's Agent
John DeMarco
Keller Williams Realty Lansing
Buyer's Agent
Ray Kruch
Real Estate One 1st
List Price
$98,900
Sold Price
$96,450
Premium/Discount to List
-$2,450
-2.48%
Total Days on Market
12
Current Estimated Value
$124,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,769
Avg. Annual Appreciation
8.76%
Original Mortgage
$92,297
Outstanding Balance
$85,614
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$44,986

Purchase Details

Closed on
May 17, 2004
Sold by
Cinron Llc
Bought by
Bewersdorff Ronald S and Bewersdorff Cynthia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2003
Sold by
Wakefield Douglas L and Wakefield Marilyn
Bought by
Cinron Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2003
Sold by
Elsie M Grace Trust #1
Bought by
Grace Richard A and Grace Elsie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2001
Sold by
Grace Richard A and Grace Elsie M
Bought by
Wakefield Douglas L

Purchase Details

Closed on
May 9, 1991
Sold by
Grace Richard A and Grace Elsie M
Bought by
Wakefield Douglas

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bean Keegan $96,450 Transnation Title Agency
Bewersdorff Ronald S -- Mid
Cinron Llc $62,000 Metropolitan Title Okemos
Grace Richard A -- Metropolitan Title Okemos
Wakefield Douglas L $32,900 --
Wakefield Douglas $32,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bean Keegan $92,297
Previous Owner Bewersdorff Ronald E $50,000
Previous Owner Bewersdorff Ronald S $81,600
Previous Owner Cinron Llc $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $96,450 -2.5% $72 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $98,900 -- $74 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $25 $48,200 $6,200 $42,000
2023 $2,993 $43,300 $6,200 $37,100
2022 $2,726 $36,900 $5,600 $31,300
2021 $2,301 $32,100 $8,300 $23,800
2020 $2,283 $30,000 $8,300 $21,700
2019 $2,199 $28,600 $8,300 $20,300
2018 $2,091 $26,800 $8,300 $18,500
2017 $2,010 $26,800 $8,300 $18,500
2016 $1,930 $25,800 $8,300 $17,500
2015 $1,930 $25,000 $16,657 $8,343
2014 $1,930 $24,200 $16,657 $7,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 256363

Greater Lansing Association of Realtors®

APN: 01-01-09-206-001