NOT LISTED FOR SALE

Estimated Value: $119,000 - $150,000

Studio
-- Bath
1,094 Sq Ft
$126/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $77,000 $70 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $854/month

175 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • 5-minute walk to Riverside Park
  • 8 Car Detached Garage
  • Wood Siding

About This Home

As of September 2020

Great opportunity for cash flowing property. Turn Key. Lots of improvements over the past few years. All the hard work has been done. Tenant occupied, 48 hr. notice required. Purchase subject to tenant rights. Room sizes estimates. Rents for $1265 ($640 and $625). Leases are until June 2020 and Jan 2021. May 2019 new garage roof cost $4,000 and new exterior paint cost $3,500. Turn Key!

Last Agent to Sell the Property

David Hall

Achieve Real Estate LLC License #6502433100 Listed on: 02/20/2020

Last Buyer's Agent

Morgan Behr

Century 21 Signature Realty License #6501408239

Century 21 Signature Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 5,009 Sq Ft Lot
  • Lot Dimensions are 125x40

Parking

  • 8 Car Detached Garage

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,094 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Total Actual Rent $15,180

Community Details

Overview

  • 2 Units
  • Park Height Subdivision

Building Details

  • Electric Expense $853
  • Insurance Expense $545
  • Water Sewer Expense $857
  • New Taxes Expense $2,921

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

5,009 Sq Ft Lot

Listing Details

  • Gross Rent: 15180.0
  • Less Fuel: 1023.0
  • Water Sewer Expenses: 857.0
  • Tax Year: 2019
  • Levels: Two
  • Year Built: 1919
  • Lot Size Acres: 0.12
  • Lot Size: 125X40
  • Subdivision Name: Park Height
  • Above Grade Finished Sq Ft: 1094.0
  • General Property Info:Lot Size Dimensions: 125X40
  • General Property Info:Above Grade Finished Area: 1094.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Exterior:Wood Siding: Yes
  • Tax Info:Taxes2: 2921.0
  • Tax Info:Zoning3: Multi-Family
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: BLDG 1
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Insurance4: 545.0
  • Annual Inc Expense:Tax Expense2: 2921.0
  • Annual Inc Expense:Electricity5: 853.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Covered
  • Construction Type: Wood Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Detached
  • Attached Garage: No
  • Parking Features:Detached: Yes
  • General Property Info:Parking Total: 8

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: 5009.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1327

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2021
Sold by
Oyoung Oliver Diane
Bought by
1027 Britten Llc
Current Estimated Value
$137,657

Purchase Details

Listed on
Feb 20, 2020
Closed on
Sep 20, 2020
Sold by
R A M Properties Of Lansing Llc
Bought by
Oliver Diane Oyoung
Seller's Agent
David Hall
Achieve Real Estate LLC
Buyer's Agent
Morgan Behr
Century 21 Signature Realty
List Price
$84,900
Sold Price
$77,000
Premium/Discount to List
-$7,900
-9.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%
Original Mortgage
$57,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2005
Sold by
Levinsohn Reuben and Levinsohn Rachel
Bought by
R A M Properties Of Lansing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 31, 2005
Sold by
Rozell James A and Rozell Maria D Ibarra
Bought by
Levinsohn Reuben and Perry Matthew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 26, 2001
Sold by
Estate Of Jeane T Amon
Bought by
Rozell James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,925
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
1027 Britten Llc -- Timios Inc
Oliver Diane Oyoung $77,000 Transnation Title
R A M Properties Of Lansing Llc -- None Available
Levinsohn Reuben $95,000 Bell Title Company
Rozell James A $55,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oliver Diane Oyoung $57,750
Previous Owner Levinsohn Reuben $76,000
Previous Owner Rozell James A $41,925
Closed Rozell James A $10,087
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2020 09/28/20 Sold $77,000 -9.3% $70 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $84,900 -- $78 / Sq Ft
Source: Greater Lansing Association of Realtors®

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 $4,490 $64,400 $7,800 $56,600
2024 $38 $59,100 $7,800 $51,300
2023 $4,223 $53,400 $7,800 $45,600
2022 $3,851 $50,400 $8,000 $42,400
2021 $3,762 $47,400 $7,100 $40,300
2020 $3,008 $44,700 $7,100 $37,600
2019 $2,943 $42,300 $7,100 $35,200
2018 $2,791 $40,400 $7,100 $33,300
2017 $2,653 $40,400 $7,100 $33,300
2016 $2,548 $36,600 $7,100 $29,500
2015 $2,548 $35,200 $14,289 $20,911
2014 $2,548 $34,100 $17,146 $16,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 244318

Greater Lansing Association of Realtors®

APN: 01-01-20-432-001

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