NOT LISTED FOR SALE

1020 E Oakland Ave Lansing, MI 48906

Northtown Neighborhood

Estimated Value: $105,000 - $112,194

Studio
-- Bath
1,728 Sq Ft
$64/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $68,000 $39 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $818/month

134 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • Wood Siding

About This Home

As of November 2020

Great Opportunity! Well priced DUPLEX. Mirrored units, 2 bedrooms each, hardwood floors, separate utilities, high ceilings, covered front porch, new roof in 2017 and furnaces in 2006. Licensed with the City of Lansing. Tons of parking, both units have front and rear entrances. Both units have separate washer/dryer hookup in basement. Live in one unit, rent the other and live mortgage free! Or rent them both for a nice return on your investment.

Last Agent to Sell the Property

David Hall

Achieve Real Estate LLC License #6502433100 Listed on: 09/22/2020

Last Buyer's Agent

Wanda Williams

Americas Dream Realty, LLC License #6â00B5â00B0â00B2â00B4â00B3â00B1â00B9â00B8â00B5

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 5,489 Sq Ft Lot
  • Lot Dimensions are 33x166.68

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • 6 Parking Spaces
  • Gravel Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • New Taxes Expense $2,377

Listing and Financial Details

  • Total Actual Rent $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Gross Rent: 1200.0
  • Misc Business Info Parking Surface: Gravel
  • Misc Business Info Roof Type: Asphalt Shingle
  • Tax Year: 2020
  • Registered Licenses for Unrelated Occupants: City of Lansing
  • Levels: Two
  • Year Built: 1922
  • Lot Size Acres: 0.13
  • Lot Size: 33x166.68
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1728.0
  • General Property Info:Lot Size Dimensions: 33x166.68
  • General Property Info:Above Grade Finished Area: 1728.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:Window Unit(s): Yes
  • Roof:Shingle: Yes
  • Exterior:Wood Siding: Yes
  • Tax Info:Taxes2: 2377.63
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: DUPLEX
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Tax Expense2: 2377.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Misc Business Info:_pound_ Parking: 6
  • General Property Info:Parking Total: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 5488.56
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 5511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 19, 2020
Sold by
Ewen Michael
Bought by
Randall Jamarc
Seller's Agent
David Hall
Achieve Real Estate LLC
Buyer's Agent
Wanda Williams
Americas Dream Realty, LLC
List Price
$79,900
Sold Price
$68,000
Premium/Discount to List
-$11,900
-14.89%
Current Estimated Value
$110,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,049
Avg. Annual Appreciation
9.70%
Original Mortgage
$57,800
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2003
Sold by
Denny Nancy E
Bought by
Laban Gerald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,410
Interest Rate
5.71%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 2, 2002
Sold by
Snider William H and Shotwell Snider Joyce L
Bought by
Denny Nancy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2001
Sold by
Snider William H and Shotwell Snider Joyce I
Bought by
Snider William H and Shotwell Snider Joyce L

Purchase Details

Closed on
Mar 22, 2000
Sold by
Pattullo Julianne F
Bought by
Snider William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,400
Interest Rate
8.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 1998
Sold by
Black Raymond K and Black Michelle A
Bought by
Pattullo Juliane F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Randall Jamarc $68,000 Tri County Title
Laban Gerald L $94,900 Transnation Title
Denny Nancy E $75,000 Transnation Title
Snider William H -- --
Snider William H $52,000 --
Pattullo Juliane F $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Randall Jamarc $57,800
Previous Owner Laban Gerald L $85,410
Previous Owner Denny Nancy E $67,500
Previous Owner Snider William H $36,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2020 11/19/20 Sold $68,000 -14.9% $39 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $79,900 0.0% $46 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $79,900 -- $46 / 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
2025 $2,949 $57,600 $3,700 $53,900
2024 $23 $47,600 $3,700 $43,900
2023 $2,776 $40,500 $3,700 $36,800
2022 $2,529 $36,800 $2,600 $34,200
2021 $2,474 $32,900 $3,700 $29,200
2020 $2,326 $30,000 $3,700 $26,300
2019 $2,241 $28,100 $3,700 $24,400
2018 $2,130 $26,100 $3,700 $22,400
2017 $2,048 $26,100 $3,700 $22,400
2016 $1,980 $25,700 $3,700 $22,000
2015 $1,980 $25,100 $7,473 $17,627
2014 $1,980 $24,900 $7,473 $17,427
Source: Public Records

Agents Affiliated with this Home

  • David Hall

    Seller's Agent in 2020

    David Hall

    Achieve Real Estate LLC

    (517) 712-8329

    119 Total Sales

    David Hall
    Section Image
  • Wanda Williams

    Buyer's Agent in 2020

    Wanda Williams

    Americas Dream Realty, LLC

    (518) 719-8240

    1 in this area

    75 Total Sales

    Wanda Williams
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 247015

Greater Lansing Association of Realtors®

APN: 01-01-10-376-251

Michigan Ingham County Lansing 48906 Northtown

1020 E Oakland Ave, Lansing, MI

Not Listed for Sale

MultiFamily

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