Seller's Agent in 2024
Michaela Martin
RE/MAX Michigan
(859) 391-4447
1 in this area
57 Total Sales
1017 N Martin Luther King jr Blvd Unit B Lansing, MI 48915
Hull Court Park NeighborhoodEstimated Value: $74,000 - $108,000
--
Bed
--
Bath
1,280
Sq Ft
$66/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Forced Air Heating System
- Carpet
- Covered patio or porch
- 2 Car Garage
- Back and Front Yard
About This Home
As of May 2024Welcome to a prime investment opportunity located in Lansing, offering a fully occupied upstairs unit and a vacant downstairs unit. This duplex presents an excellent chance for investors seeking a property with potential for increased rental income and long-term appreciation. investors can capitalize on the strong rental market dynamics and unlock the property's full income potential. Don't miss out on the chance to secure a profitable investment in Lansing's thriving real estate market.
Last Listed By
RE/MAX Real Estate Professionals License #6501425046 Listed on: 04/04/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1893
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 56x110
- Few Trees
- Back and Front Yard
Parking
- 2 Car Garage
Home Design
- Traditional Architecture
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,280 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Laminate
Basement
- Michigan Basement
- Block Basement Construction
- Laundry in Basement
Outdoor Features
- Covered patio or porch
Schools
- Lansing Charter Academy Elementary School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- 100 Amp Service
Community Details
- 2 Units
- Kudners Subdivision
Listing and Financial Details
- Total Actual Rent $685
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2024
Closed on
May 2, 2024
Sold by
Bairs Lair I Llc
Bought by
Mcguire Lindsey and Masters Steven
Seller's Agent
Michaela Martin
RE/MAX Real Estate Professionals
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Total Days on Market
19
Views
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,983
Avg. Annual Appreciation
20.29%
Purchase Details
Closed on
Aug 7, 2023
Sold by
Stump Joseph
Bought by
Bairs Lair I Llc
Purchase Details
Closed on
Feb 11, 2022
Sold by
Flores Luis A
Bought by
Stump Joseph
Purchase Details
Closed on
Apr 8, 2019
Sold by
Muhammad Rashad
Bought by
Flores Luis A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,564
Interest Rate
4%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 31, 2016
Sold by
Muhammad Keesa
Bought by
Muhammad Rashad
Purchase Details
Closed on
May 5, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Fannie Mae
Purchase Details
Closed on
Jun 18, 2004
Sold by
Watts Vincent R
Bought by
Watts Vincent R and Smith Watts Carolyn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 24, 2004
Sold by
Lee Lonnie and Lee Precious
Bought by
Watts Vincent R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 15, 2002
Sold by
Morgan Lester J
Bought by
Duncan Samuel
Purchase Details
Closed on
Sep 24, 2002
Sold by
Grimwood Robert M and Grimwood Irene
Bought by
Lee Lonnie and Lee Precious
Purchase Details
Closed on
Sep 1, 2001
Sold by
Morgan Lester J
Bought by
Duncan Samuel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
10%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 3, 1998
Bought by
Morgan Lester J
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcguire Lindsey | $70,000 | Transnation Title | |
| Bairs Lair I Llc | -- | None Listed On Document | |
| Stump Joseph | $68,000 | Transnation Title | |
| Flores Luis A | $43,000 | Bell Title Agency | |
| Muhammad Rashad | -- | None Available | |
| Fannie Mae | -- | None Available | |
| Watts Vincent R | -- | -- | |
| Watts Vincent R | $49,000 | Bell Title Company | |
| Duncan Samuel | $38,000 | -- | |
| Lee Lonnie | -- | Bell Title Company | |
| Duncan Samuel | $38,000 | -- | |
| Morgan Lester J | $18,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcguire Lindsey | $63,000 | |
| Previous Owner | Flores Luis A | $6,068 | |
| Previous Owner | Flores Luis A | $41,564 | |
| Previous Owner | Watts Vincent R | $42,200 | |
| Previous Owner | Watts Vincent R | $44,100 | |
| Previous Owner | Duncan Samuel | $36,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/03/2024 05/03/24 | Sold | $70,000 | -6.7% | $55 / Sq Ft |
| 04/04/2024 04/04/24 | For Sale | $75,000 | -- | $59 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $26 | $40,400 | $4,600 | $35,800 |
| 2023 | $3,123 | $36,100 | $4,600 | $31,500 |
| 2022 | $2,479 | $33,600 | $4,300 | $29,300 |
| 2021 | $2,229 | $30,600 | $5,100 | $25,500 |
| 2020 | $2,213 | $28,900 | $5,100 | $23,800 |
| 2019 | $4,266 | $27,100 | $5,100 | $22,000 |
| 2018 | $2,851 | $24,100 | $5,100 | $19,000 |
| 2017 | $1,849 | $24,100 | $5,100 | $19,000 |
| 2016 | $3,205 | $23,700 | $5,100 | $18,600 |
| 2015 | $3,205 | $23,000 | $10,110 | $12,890 |
| 2014 | $3,205 | $22,100 | $12,000 | $10,100 |
Source: Public Records
Agents Affiliated with this Home
-
Michaela Martin
-
Christopher Silker
Seller Co-Listing Agent in 2024
Christopher Silker
Keller Williams Realty Lansing
(517) 242-9251
3 in this area
291 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 279669
APN: 01-01-08-409-281
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Copyright © 2025 Greater Lansing Association of REALTORS®
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