NOT LISTED FOR SALE

1109 E Oakland Ave Lansing, MI 48906

Northtown Neighborhood

Estimated Value: $52,000 - $91,000

3 Beds
1 Bath
864 Sq Ft
$84/Sq Ft Est. Value

Sale Details

Date Sold: June 17, 2024

Last sale price $45,000 $52 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $463 / mo

166 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Wood Siding

About This Home

As of June 2024

Who do you know that is looking for rental property that is generating cash flow? This property is currently a licensed rental with the City of Lansing and would be a great opportunity for any investor. The estimated market rent for this property is around $1000/month. The roof was replaced in 2023, the furnace in 2020, and the water heater in 2017. This is a great rental at a great price, don't miss this opportunity!

Last Agent to Sell the Property

Derrek Sterken

Coldwell Banker Woodland Schmidt ART Office License #6501451743 Listed on: 12/19/2023

Coldwell Banker Woodland Schmidt ART Office

Co-Listed By

Steve Sterken

Coldwell Banker Woodland Schmidt ART Office License #6506047986

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1919

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 44x132

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 864 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Home Details

Home Type

Single Family

Year Built

Built in 1919

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1919
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 68.29
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 44x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 864.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 2155.88
  • Tax Info:Zoning3: RES
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Water Heater:Natural Gas4: Yes
  • General Property Info:SqFt Above Grade: 864.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 864.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 59000.0
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: See Remarks
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 44x132
  • Lot Size Sq Ft: 5663.0
  • Zoning Description: RES

Tax Info

  • Tax Annual Amount: 2155.88
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2023
Closed on
Jun 18, 2024
Sold by
Bought by
Seller's Agent
Derrek Sterken
Coldwell Banker Woodland Schmidt ART Office
List Price
$70,000
Sold Price
$45,000
Premium/Discount to List
-$25,000
-35.71%
Views
121
Current Estimated Value
$72,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,384
Avg. Annual Appreciation
26.68%

Purchase Details

Closed on
Dec 16, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 28, 2016
Sold by
Bought by

Purchase Details

Closed on
Aug 23, 2016
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 2016
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 2000
Sold by
Bought by

Purchase Details

Closed on
Feb 15, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,750
Interest Rate
8.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 1984
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$45,000 Chicago Title
$480,000 --
$8,600 None Available
-- None Available
$19,100 None Available
-- --
$16,900 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $900,000
Previous Owner $33,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/17/2024 06/17/24 Sold $45,000 -23.7% $52 / Sq Ft
06/02/2024 06/02/24 Pending -- -- --
05/25/2024 05/25/24 Price Changed $59,000 -9.2% $68 / Sq Ft
04/08/2024 04/08/24 Price Changed $65,000 -7.1% $75 / Sq Ft
12/19/2023 12/19/23 For Sale $70,000 -- $81 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,467 $35,300 $4,400 $30,900
2024 $19 $29,600 $4,400 $25,200
2023 $2,156 $25,500 $4,400 $21,100
2022 $1,565 $22,800 $3,100 $19,700
2021 $1,529 $20,900 $4,400 $16,500
2020 $1,518 $19,500 $4,400 $15,100
2019 $1,464 $18,400 $4,400 $14,000
2018 $1,390 $17,000 $4,400 $12,600
2017 $1,480 $17,000 $4,400 $12,600
2016 $4,476 $16,700 $4,400 $12,300
2015 $4,476 $16,400 $8,867 $7,533
2014 $4,476 $16,300 $8,867 $7,433
Source: Public Records

Agents Affiliated with this Home

  • Derrek Sterken

    Seller's Agent in 2024

    Derrek Sterken

    Coldwell Banker Woodland Schmidt ART Office

    (616) 403-3442

    1 in this area

    102 Total Sales

    Derrek Sterken
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Steve Sterken

    Coldwell Banker Woodland Schmidt ART Office

    (616) 772-5478

    2 in this area

    113 Total Sales

    Steve Sterken
    Section Image
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Map

Source: MichRIC

MLS Number: 23145293

MichRIC

APN: 01-01-10-330-151

Michigan Ingham County Lansing 48906 Northtown

1109 E Oakland Ave, Lansing, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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