NOT LISTED FOR SALE

Estimated Value: $249,000 - $278,000

Studio
-- Bath
2,080 Sq Ft
$125/Sq Ft Est. Value

Sale Details

Date Sold: October 25, 2021

Last sale price $172,500 $83 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,825 / mo

111 Days on Market

Highlights

  • Property is near public transit
  • 4 Car Attached Garage
  • Tile Flooring
  • Green Elementary School Rated A-
  • Window Unit Cooling System
  • Hot Water Heating System

About This Home

As of October 2021

Great completely rented duplex. Outstanding location. Close to
highways, MSU, Cooley and LCC. Covered locked entrance to both units.
Each has their own carport with storage and their own laundry
facilities. One tenant is on a month to month lease and has been there
over 5 years. The other tenant is on a one year lease until September.
Newer hot water heater. Tenants pay for electric and heat. Seller will
be present for all showings. Need at least 24 hour notice.

Last Agent to Sell the Property

Lisa Cain

Berkshire Hathaway HomeServices License #6501320321 Listed on: 06/08/2021

Berkshire Hathaway HomeServices

Last Buyer's Agent

Angela Sholty

Coldwell Banker Professionals -Okemos License #6501397327

Coldwell Banker Professionals -Okemos

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 70.99x121.75
  • Few Trees
  • Front Yard

Home Design

  • 2,080 Sq Ft Home
  • Duplex
  • 2-Story Property
  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry in unit

Parking

  • 4 Car Attached Garage
  • 2 Carport Spaces
  • Driveway
  • Additional Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $18,900

Community Details

Overview

  • 2 Units
  • Frandora Subdivision

Building Details

  • Insurance Expense $1,125
  • Water Sewer Expense $1,100
  • New Taxes Expense $4,645

Security

  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Resid/Multi-Family
  • Year Built: 1964
  • Above Grade Finished Sq Ft: 2080.0
  • Architectural Style: Bi-Level
  • General Property Info:Lot Size Dimensions: 70.99X121.75
  • General Property Info:Above Grade Finished Area: 2080.0
  • Architectural Style:Bi-Level: Yes
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:_pound_ of Units: 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Heating: Hot Water, Natural Gas
  • Flooring: Carpet, Tile, Vinyl
  • Levels: Two
  • Window Features: Aluminum Frames
  • Levels:Two2: Yes
  • Flooring:Carpet: Yes
  • Basement:None3: Yes
  • Flooring:Vinyl2: Yes
  • Flooring:Tile2: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Roof: Shingle
  • Foundation Details: Concrete Perimeter
  • Lot Features: City Lot, Few Trees, Front Yard, Near Public Transit
  • Construction Type: Brick, Wood Siding
  • Lot Features:City Lot: Yes
  • Lot Features:Front Yard2: Yes
  • Lot Features:Near Public Transit: Yes
  • Roof:Shingle: Yes
  • Exterior:Brick: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Lot Features:Few Trees: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Parking Features: Additional Parking, Attached, Concrete Driveway, Driveway
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Concrete Driveway: Yes
  • Parking Features:Additional Parking: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4
  • Parking Features:Carport Spaces2: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • LaundryFeatures: In Unit
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:Window Unit(s): Yes
  • Heating:Hot Water: Yes
  • Security Features:Fire Alarm: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size: 70.99X121.75
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • Land Acreage:Up to 14 Acre: Yes

Rental Info

  • Unit Information:_pound_ Deposits: 1175
  • Unit Information:_pound_ Written Leases: 2

Multi Family

  • Registered Licenses for Unrelated Occupants: 1
  • Unit Information License Register Exp: 2024-06-03

Tax Info

  • Tax Info:Taxable Value: 56182.0
  • Tax Info:State Eq Value: 65300.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Nov 4, 2021
Sold by
Bought by
Seller's Agent
Lisa Cain
Berkshire Hathaway HomeServices
Buyer's Agent
Angela Sholty
Coldwell Banker Professionals -Okemos
List Price
$189,900
Sold Price
$172,500
Premium/Discount to List
-$17,400
-9.16%
Current Estimated Value
$260,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,878
Avg. Annual Appreciation
9.16%
Original Mortgage
$138,000
Outstanding Balance
$126,259
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$134,119

Purchase Details

Listed on
Jul 20, 2017
Closed on
Sep 8, 2017
Sold by
Bought by
Seller's Agent
Lisa Fata
Coldwell Banker Professionals-Delta
Buyer's Agent
Lisa Cain
Berkshire Hathaway HomeServices
List Price
$149,000
Sold Price
$145,000
Premium/Discount to List
-$4,000
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$108,750
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 16, 2014
Closed on
Dec 18, 2014
Sold by
Bought by
Seller's Agent
Lisa Ramont
Coldwell Banker Professionals-E.L.
Buyer's Agent
Lisa Fata
Coldwell Banker Realty -Stadium
List Price
$144,900
Sold Price
$117,000
Premium/Discount to List
-$27,900
-19.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$87,750
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$172,500 None Available
-- None Available
$117,000 Tri County Title Agency Llc
$105,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $138,000
Previous Owner $108,750
Previous Owner $87,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2021 10/25/21 Sold $172,500 -1.4% $83 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
08/30/2021 08/30/21 Price Changed $175,000 -4.1% $84 / Sq Ft
07/13/2021 07/13/21 Price Changed $182,500 -3.9% $88 / Sq Ft
06/08/2021 06/08/21 For Sale $189,900 +31.0% $91 / Sq Ft
09/08/2017 09/08/17 Sold $145,000 -2.7% $70 / Sq Ft View Prior Sale
08/21/2017 08/21/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $149,000 +27.4% $72 / Sq Ft
12/18/2014 12/18/14 Sold $117,000 -19.3% $86 / Sq Ft View Prior Sale
11/10/2014 11/10/14 Pending -- -- --
10/16/2014 10/16/14 For Sale $144,900 -- $107 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,120 $95,400 $14,300 $81,100
2024 $50 $85,400 $14,300 $71,100
2023 $5,717 $78,700 $14,300 $64,400
2022 $5,224 $71,300 $12,200 $59,100
2021 $5,166 $65,300 $11,900 $53,400
2020 $4,644 $58,700 $11,900 $46,800
2019 $4,445 $57,200 $11,900 $45,300
2018 $4,413 $52,400 $11,900 $40,500
2017 $3,965 $52,400 $11,900 $40,500
2016 $3,757 $49,400 $11,900 $37,500
2015 $3,757 $47,800 $23,897 $23,903
2014 $3,757 $46,800 $23,897 $22,903
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 256287

Greater Lansing Association of Realtors®

APN: 01-01-11-429-151

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