NOT LISTED FOR SALE

Estimated Value: $197,000 - $207,051

3 Beds
3 Baths
1,206 Sq Ft
$167/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $112,500 $93 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,494/month

94 Days on Market

Highlights

  • 1.5-Story Property
  • 4 Car Detached Garage
  • Forced Air Heating System
  • Covered Patio or Porch
  • Parking Storage or Cabinetry
  • 4-minute walk to Beck Park

About This Home

As of March 2019

Two separate buildings, front building (109) has 4 bedrooms and 1 bath and the back building (107) has 1 bedroom and 1 bath. Many updates, 109 is currently tenant occupied, but could be owner-occupied (tenant is month-to-month), back building could easily be an in-law suite. 107 has been completely remodeled - fresh paint, new carpet, new furnace, new water heater - Sept '18. Front house (109) has 3 bedrooms up and 1 bedroom down, full basement w/washer dryer hookups, also has many updates to exterior. A great find.

Last Agent to Sell the Property

Sandra Bailey-Bristol

Preview Properties.com Listed on: 12/04/2018

Last Buyer's Agent

Gary Newton

RE/MAX Real Estate Professionals License #6506045750

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 81.9 x 230

Home Design

  • 1,206 Sq Ft Home
  • 1.5-Story Property
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Basement

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

Parking

  • 4 Car Detached Garage
  • Parking Storage or Cabinetry

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Total Actual Rent $9,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Gross Rent: 9600.0
  • Misc Business Info Parking Surface: concrete
  • Misc Business Info Roof Type: Shingle
  • Tax Year: 2017
  • Levels: One, One and One Half
  • Year Built: 1920
  • Lot Size Acres: 0.43
  • Lot Size: 81.9 x 230
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1206.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 81.9 x 230
  • General Property Info:Above Grade Finished Area: 1206.0
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Levels:One and One Half: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Wood Siding: Yes
  • Heating Other2: Yes
  • Tax Info:Taxes2: 2849.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 4 bedroom, 1 bath
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: Detached, Overhead Storage
  • Attached Garage: No
  • Parking Features:Overhead Storage: Yes
  • Parking Features:Detached: Yes
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • 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: 18817.92
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2018
Closed on
Mar 1, 2019
Sold by
Quenby Edward A
Bought by
Fleury Brandy
Seller's Agent
Sandra Bailey-Bristol
Preview Properties.com
Buyer's Agent
Gary Newton
RE/MAX Real Estate Professionals
List Price
$114,900
Sold Price
$112,500
Premium/Discount to List
-$2,400
-2.09%
Current Estimated Value
$201,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,263
Avg. Annual Appreciation
9.28%
Original Mortgage
$90,000
Outstanding Balance
$79,125
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$122,638
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
Fleury Brandy $112,500 Transnation Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fleury Brandy $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2019 03/01/19 Sold $112,500 0.0% $93 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
12/11/2018 12/11/18 Price Changed $112,500 -2.1% $93 / Sq Ft
10/12/2018 10/12/18 For Sale $114,900 -- $95 / 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 $5,083 $109,000 $11,300 $97,700
2024 $41 $87,800 $11,300 $76,500
2023 $4,778 $77,000 $11,300 $65,700
2022 $4,341 $68,800 $13,600 $55,200
2021 $4,245 $61,300 $9,800 $51,500
2020 $4,216 $58,100 $9,800 $48,300
2019 $2,778 $50,900 $9,800 $41,100
2018 $2,962 $44,500 $9,800 $34,700
2017 $2,849 $44,500 $9,800 $34,700
2016 $2,645 $41,800 $9,800 $32,000
2015 $2,645 $40,200 $19,679 $20,521
2014 $2,645 $38,900 $23,447 $15,453
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 231316

Greater Lansing Association of Realtors®

APN: 01-05-09-201-001