$80,000
SOLD JAN 15, 2019

1034 Dennis St Lansing, MI 48911

-- Bed
-- Bath
1,552 Sq Ft
0.34 Acres

Recently Sold

$52 Per Sq Ft

9% Below List Price

15 Days on Market

About This Home

As of January 2019

2-bedroom, 1-bath duplex, mirror image units, located on the South side of Lansing. Recently updated. Eat-in kitchens with wood laminate flooring. Updated baths. Full, unfinished basements walk out to back yard. Wash tub and washer/dryer hook-up in basements. Decks overlooking large back yard lined with mature trees. Tenants pays all utilities.

Last Agent to Sell the Property

Bradley Hillard

1st Choice Real Estate License #6502431508 Listed on: 11/14/2018

Co-Listed By

Jill Powell

1st Choice Real Estate License #6502350891

Last Buyer's Agent

Gabriel Lopez

Trubrook, LLC License #6501290002

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 50x111

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,552 Sq Ft Home
  • Walk-Out Basement
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

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

Listing and Financial Details

  • Total Actual Rent $174,000

Community Details

Overview

  • 2 Units
  • Battenfield Subdivision

Building Details

  • Maintenance Expense $474
  • New Taxes Expense $2,807

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Gross Rent: 174000.0
  • Tax Year: 2017
  • Registered Licenses for Unrelated Occupants: 1
  • Unit Information License Register Exp: 2019-10-01
  • Levels: One
  • Year Built: 1966
  • Lot Size Acres: 0.34
  • Lot Size: 50x111
  • Co List Office Mls Id: 1063
  • Co List Office Phone: 517-410-6750
  • Subdivision Name: Battenfield
  • Above Grade Finished Sq Ft: 1552.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 50x111
  • General Property Info:Above Grade Finished Area: 1552.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • General Property Info:ECO Friendly Features: No
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Tax Info:Taxes2: 2778.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 1034-1036
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Tax Expense2: 2807.0
  • Annual Inc Expense:Maintenance3: 474.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Construction Type: Aluminum Siding, Brick

Garage/Parking

  • Parking Features: Asphalt, No Garage
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:No Garage: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4

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: 14810.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 4020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2018
Closed on
Jan 15, 2019
Sold by
Wilkins Linda and Brown Linda Wilkins
Bought by
Beath Daniel
Seller's Agent
Bradley Hillard
1st Choice Real Estate
Buyer's Agent
Gabriel Lopez
Trubrook, LLC
List Price
$88,200
Sold Price
$80,000
Premium/Discount to List
-$8,200
-9.3%
Current Estimated Value
$174,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,043
Avg. Annual Appreciation
12.55%
Original Mortgage
$64,000
Outstanding Balance
$56,825
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$116,711

Purchase Details

Closed on
Apr 21, 1999
Sold by
Ibarra Gilberto G and Keck Ibarra Erika H
Bought by
Brown Dan C and Brown Linda Wilkins

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,050
Interest Rate
6.99%

Purchase Details

Closed on
Jul 29, 1994
Sold by
Ibarra Gilberto G and Ibarra Erika H
Bought by
Brown Dan C and Brown Linda
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $80,000 Liberty Title
Warranty Deed $180,000 First American Title Ins Co
Warranty Deed $120,000 First American Title Ins Co
Warranty Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $64,000 New Conventional
Previous Owner $65,100 New Conventional
Previous Owner $21,990 Credit Line Revolving
Previous Owner $48,050 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2019 01/15/19 Sold $80,000 -9.3% $52 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
11/13/2018 11/13/18 For Sale $88,200 -- $57 / 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 $34 $73,000 $15,500 $57,500
2023 $3,981 $66,900 $15,500 $51,400
2022 $3,639 $57,500 $14,500 $43,000
2021 $3,555 $46,200 $9,900 $36,300
2020 $3,530 $42,600 $9,900 $32,700
2019 $3,005 $41,100 $9,900 $31,200
2018 $2,854 $36,400 $9,900 $26,500
2017 $2,778 $36,400 $9,900 $26,500
2016 $3,556 $35,900 $9,900 $26,000
2015 $3,556 $35,000 $19,819 $15,181
2014 $3,556 $46,800 $24,774 $22,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 232088

Greater Lansing Association of Realtors®

APN: 01-05-03-177-041