NOT LISTED FOR SALE

105 Green Meadows Dr Lansing, MI 48917

Estimated Value: $285,000 - $312,309

2 Beds
3 Baths
2,416 Sq Ft
$124/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $233,000 $96 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,065/month

30 Days on Market

Highlights

  • Corner Lot
  • Double Pane Windows
  • Wood Fence
  • 2 Car Attached Garage
  • Central Air
  • Carpet

About This Home

As of April 2021

Great opportunity for investor or owner occupant. This property has an excellent occupancy history. Unit 105 has a long standing tenant with excellent payment history. It was completely renovated in 2010: new flooring throughout, new kitchen cabinets, countertops, appliances, toilets, all light fixtures, paint, & tile shower surround. Unit 107 was recently vacated and has been refreshed with new carpet and paint. Located in a quiet neighborhood, convenient to shopping and highway access. Both backyards have privacy fencing and cozy patios. Units are spacious and offer lower level bonus spaces and lots of storage. HVAC and water heaters are newer (2017) and in good working order. Roof was a complete tear-off and replacement in 2018. Each unit has an attached a 1 car finished garage... ...with double driveways for additional parking space. All appliances are included, washer and dryers also.

Last Agent to Sell the Property

Kellie Garrett

Community Realty, LLC License #6502432388 Listed on: 03/08/2021

Last Buyer's Agent

Gary Newton

RE/MAX Real Estate Professionals License #6506045750

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,447

Year Built

  • Built in 1967

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 100 x 140
  • Wood Fence
  • Corner Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,416 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Washer and Electric Dryer Hookup

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Total Actual Rent $27,600

Community Details

Overview

  • 2 Units
  • Homestead Subdivision

Building Details

  • New Taxes Expense $4,291
  • Net Operating Income $23,309

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,447

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Gross Rent: 27600.0
  • Net Income: 23309.0
  • Misc Business Info Parking Surface: concrete
  • Misc Business Info Roof Type: shingle
  • Tax Year: 2020
  • Registered Licenses for Unrelated Occupants: 2
  • Misc Business Info Overall Building Siz: 2416
  • Unit Information License Register Exp: 2021-12-21
  • Levels: Two
  • Year Built: 1967
  • Lot Size Acres: 0.31
  • Lot Size: 100 x 140
  • Subdivision Name: Homestead
  • Above Grade Finished Sq Ft: 2416.0
  • Architectural Style: Multi-Story
  • General Property Info:Lot Size Dimensions: 100 x 140
  • General Property Info:Above Grade Finished Area: 2416.0
  • Levels:Two2: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:In Basement: Yes
  • Laundry Features:Washer Hookup: Yes
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Fencing:Back Yard: Yes
  • Cooling:Central Air: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Exterior:Brick: Yes
  • Flooring:Vinyl2: Yes
  • Fencing:Wood3: Yes
  • Flooring:Linoleum: Yes
  • Tax Info:Taxes2: 2447.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Architectural Style:Multi-Story: Yes
  • Annual Inc Expense:Tax Expense2: 4291.0
  • Misc Business Info Zoning5: residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Natural Gas
  • Flooring: Carpet, Linoleum, Vinyl
  • Property Type: Resid/Multi-Family
  • Window Features: Double Pane Windows
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Wood
  • Lot Features: Back Yard, City Lot, Corner Lot
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Construction Type: Vinyl Siding, Brick
  • Lot Features:Back Yard2: Yes
  • Lot Features:City Lot: Yes
  • Window Features:Double Pane Windows: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: Concrete, Attached, Driveway, Finished, Garage
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Finished2: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage2: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4
  • Parking Features:Garage Spaces2: 2
  • Parking Features:Concrete6: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Cooling: Central Air
  • LaundryFeatures: Electric Dryer Hookup, In Basement, Washer Hookup
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Name: NA

Association/Amenities

  • Location Legal Info:Association Name: NA

Schools

  • Junior High Dist: Waverly

Lot Info

  • Lot Size Sq Ft: 13590.72
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 23309.0

Tax Info

  • New Taxes Expense: 4291.0
  • Tax Carrier Route: 3026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2023
Sold by
Mcbroom Heidi
Bought by
Green Meadows 105 Llc
Current Estimated Value
$300,327

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 21, 2021
Sold by
Snc Property Holdings Llc
Bought by
Mcbroom Heidi and Mcbroom James
Seller's Agent
Kellie Garrett
Community Realty, LLC
Buyer's Agent
Gary Newton
RE/MAX Real Estate Professionals
List Price
$249,900
Sold Price
$233,000
Premium/Discount to List
-$16,900
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$153,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2020
Sold by
The Snc Two Trust
Bought by
Snc Property Holdings Llc

Purchase Details

Closed on
Aug 4, 2014
Sold by
Snc Investment Group Llc
Bought by
River Water Llc and Snc Two Trust

Purchase Details

Closed on
Dec 13, 2013
Sold by
Snc Two Trust
Bought by
Snc Investment Group Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 18, 2013
Sold by
Snc Investments Group Llc
Bought by
River Water Llc and Snc Two Trust

Purchase Details

Closed on
Sep 12, 2011
Sold by
Fannie Mae
Bought by
Snc Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
4.14%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 12, 2011
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 10, 2011
Sold by
Keeble Robert P and Keeble Cynthia A
Bought by
Chase Home Finance Llc
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 Buyer Sale Price Title Company
Green Meadows 105 Llc -- --
Mcbroom Heidi $233,000 None Available
Mcbroom Heidi A $233,000 None Listed On Document
Snc Property Holdings Llc -- None Available
River Water Llc -- None Available
Snc Investment Group Llp -- None Available
River Water Llc -- None Available
Snc Investment Group Llc $103,000 Attorneys Title Agency Llc
Federal National Mortgage Association -- None Available
Chase Home Finance Llc $82,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcbroom Heidi A $153,750
Previous Owner Snc Investment Group Llc $82,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $233,000 -6.8% $96 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $249,900 -- $103 / 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 $5,672 $122,100 $0 $0
2024 $3,119 $110,400 $0 $0
2023 $2,970 $103,200 $0 $0
2022 $5,003 $82,600 $0 $0
2021 $4,352 $77,900 $0 $0
2020 $4,291 $74,700 $0 $0
2019 $4,227 $166,016 $0 $0
2018 $4,123 $70,200 $0 $0
2017 $4,030 $70,200 $0 $0
2016 -- $68,000 $0 $0
2015 -- $68,000 $0 $0
2014 -- $65,200 $0 $0
2013 -- $67,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 253494

Greater Lansing Association of Realtors®

APN: 040-055-500-760-00