NOT LISTED FOR SALE

1013 Prospect St Lansing, MI 48912

Bingham Neighborhood

Estimated Value: $91,000 - $158,000

-- Bed
-- Bath
1,076 Sq Ft
$106/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $37,000 $34 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $640/month

125 Days on Market

About This Home

As of March 2019

WELCOME TO 1013 PROSPECT! THIS 3 UNIT PROPERTY. IS CURRENTLY FULLY RENTED MONTH TO MONTH. UNIT 1 & 2 ARE 1ST FLOOR EFFICIENCY UNITS. UNIT 3 IS UPPER LEVEL 1 BEDROOM. #1 $425/MO, #2 $400/MO, #3 $481/MO. 24 HOUR NOTICE MIN. SELLER PRESENT FOR ALL SHOWINGS. GREAT POTENTIAL. NEAR MAIN BUS LINE FOR TENANT CONVENIENCE. GOOD POTENTIAL FOR IMPROVEMENTS OR EARN INCOME TODAY!

Last Agent to Sell the Property

Travis Conti

Coldwell Banker Professionals-Delta License #6501323451 Listed on: 10/23/2018

Last Buyer's Agent

Angela Averill

Century 21 Affiliated License #6501312624

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 3,267 Sq Ft Lot
  • Lot Dimensions are 50x66

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,076 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Basement

  • Michigan Basement
  • Partial Basement

Parking

  • 3 Parking Spaces
  • No Garage
  • Stone Driveway
  • Gravel Driveway
  • Dirt Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • 3 Units
  • Green Oak Subdivision

Building Details

  • Insurance Expense $900
  • New Taxes Expense $1,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Misc Business Info Parking Surface: GRAVEL
  • Tax Year: 2018
  • Levels: Two
  • Year Built: 1904
  • Lot Size Acres: 0.08
  • Lot Size: 50X66
  • Subdivision Name: Green Oak
  • Above Grade Finished Sq Ft: 1076.0
  • General Property Info:Lot Size Dimensions: 50X66
  • General Property Info:Above Grade Finished Area: 1076.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Parking Features:Dirt3: Yes
  • Tax Info:Taxes2: 1777.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 2 STORY RESIDENTIAL
  • General Property Info:_pound_ of Units: 3
  • Parking Features:Stone5: Yes
  • Annual Inc Expense:Insurance4: 900.0
  • Annual Inc Expense:Tax Expense2: 1800.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan, Partial
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Basement:Michigan: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Dirt, Gravel, No Garage, Stone
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:No Garage: Yes
  • Misc Business Info:_pound_ Parking: 3
  • General Property Info:Parking Total: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 3267.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1844

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2018
Closed on
Feb 28, 2019
Sold by
Smith Kevin A and Smith Danielle M
Bought by
Walling Randy
Seller's Agent
Travis Conti
Coldwell Banker Professionals-Delta
Buyer's Agent
Angela Averill
Century 21 Affiliated
List Price
$54,900
Sold Price
$37,000
Premium/Discount to List
-$17,900
-32.6%
Current Estimated Value
$114,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,478
Avg. Annual Appreciation
18.24%

Purchase Details

Closed on
Nov 1, 2001
Sold by
Smith Kenneth D and Smith Dianna M
Bought by
Smith Kevin A and Smith Danielle M

Purchase Details

Closed on
Oct 9, 1998
Sold by
Waldon Darryl G and Ayon Waldon
Bought by
Smith Kenneth D and Smith Dianna M
Source: Public Records

Range of Values:

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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
Walling Randy $37,000 Tri County Title Agency Llc
Smith Kevin A $30,000 --
Smith Kenneth D $11,800 --
Smith Kenneth D $11,750 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2019 03/01/19 Sold $37,000 -7.3% $34 / Sq Ft
01/21/2019 01/21/19 Price Changed $39,900 -11.1% $37 / Sq Ft
12/10/2018 12/10/18 Price Changed $44,900 -18.2% $42 / Sq Ft
10/19/2018 10/19/18 For Sale $54,900 -- $51 / 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 $20 $43,700 $3,300 $40,400
2023 $2,576 $35,400 $3,300 $32,100
2022 $2,369 $31,000 $2,800 $28,200
2021 $2,316 $27,600 $3,700 $23,900
2020 $2,297 $25,200 $3,700 $21,500
2019 $3,806 $24,100 $3,700 $20,400
2018 $2,418 $19,900 $3,700 $16,200
2017 $1,704 $19,900 $3,700 $16,200
2016 $2,924 $19,600 $3,700 $15,900
2015 $2,924 $19,100 $7,342 $11,758
2014 $2,924 $19,300 $7,709 $11,591
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Travis Conti

    Coldwell Banker Professionals-Delta

  • Angela Averill

    Buyer's Agent in 2019

    Angela Averill

    Century 21 Affiliated

    (517) 712-5949

    1 in this area

    451 Total Sales

    Angela Averill
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 231577

Greater Lansing Association of Realtors®

APN: 01-01-15-329-091

Michigan Ingham County Lansing 48912 Bingham

1013 Prospect St, Lansing, MI

This home is located at 1013 Prospect St, Lansing, MI 48912 since 23 October 2018 and is currently estimated at $114,478, approximately $106 per square foot. This property was built in 1904. 1013 Prospect St is a home located in Ingham County with nearby schools including Pattengill Academy, Riddle Elementary School, and Eastern Lansing High School.

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