Seller's Agent in 2025
Dale Tierney
Key Realty One, LLC
(517) 731-0033
1 in this area
57 Total Sales
1109 Prospect St Lansing, MI 48912
The Stadium District Neighborhood
--
Bed
--
Bath
1,496
Sq Ft
3,006
Sq Ft Lot
About This Home
As of July 2025Good income opportunity with this 2 unit on the east side of Lansing. Both units are currently rented so notice is needed to view. Convenient location to I496 and US127. Close to Sparrow Hospital, downtown Lansing, and easy access to Michigan State University campus. Seller is a licensed realtor in the State of Michigan.
Last Agent to Sell the Property
Key Realty One, LLC License #6506033497 Listed on: 06/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,520
Year Built
- Built in 1906
Lot Details
- 3,006 Sq Ft Lot
Home Design
- Wood Siding
Interior Spaces
- 1,496 Sq Ft Home
- 2-Story Property
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- Laundry in Basement
Parking
- 2 Parking Spaces
- Driveway
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Hot Water Heating System
Listing and Financial Details
- Total Actual Rent $16,800
Community Details
Overview
- 2 Units
- Green Oak Subdivision
Building Details
- Insurance Expense $850
- Water Sewer Expense $2,160
- New Taxes Expense $1,500
- Net Operating Income $11,706
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2025
Closed on
Jul 2, 2025
Sold by
Triple Diamond Llc
Bought by
Lie Michael
Seller's Agent
Dale Tierney
Key Realty One, LLC
Buyer's Agent
Michaela Martin
RE/MAX Real Estate Professionals
List Price
$110,000
Sold Price
$85,000
Premium/Discount to List
-$25,000
-22.73%
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$722
Avg. Annual Appreciation
2.68%
Purchase Details
Closed on
Dec 29, 2021
Sold by
Holoway Nancy Lee
Bought by
Holoway Robert Peter
Purchase Details
Closed on
Mar 12, 1996
Sold by
William Budley
Bought by
Bass Rifkin Equities
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $85,000 | Liberty Title | |
| Warranty Deed | $71,000 | Liberty Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $14,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Sold | $85,000 | -22.7% | $57 / Sq Ft |
| 06/19/2025 06/19/25 | For Sale | $110,000 | 0.0% | $74 / Sq Ft |
| 05/27/2025 05/27/25 | Pending | -- | -- | -- |
| 03/14/2025 03/14/25 | For Sale | $110,000 | -- | $74 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $1,488 | $30,500 | $2,700 | $27,800 |
| 2024 | $11 | $26,500 | $2,700 | $23,800 |
| 2023 | $1,407 | $21,700 | $2,700 | $19,000 |
| 2022 | $1,297 | $19,000 | $2,200 | $16,800 |
| 2021 | $1,268 | $17,000 | $3,000 | $14,000 |
| 2020 | $1,257 | $15,700 | $3,000 | $12,700 |
| 2019 | $1,205 | $15,100 | $3,000 | $12,100 |
| 2018 | $1,151 | $12,800 | $3,000 | $9,800 |
| 2017 | $1,104 | $12,800 | $3,000 | $9,800 |
| 2016 | $1,088 | $12,600 | $3,000 | $9,600 |
| 2015 | $1,088 | $12,300 | $5,969 | $6,331 |
| 2014 | $1,088 | $12,500 | $6,268 | $6,232 |
Source: Public Records
Agents Affiliated with this Home
-
Dale Tierney
-
Michaela Martin
Buyer's Agent in 2025
Michaela Martin
RE/MAX Michigan
(859) 391-4447
1 in this area
70 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 286730
APN: 01-01-15-330-091
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Copyright © 2025 Greater Lansing Association of REALTORS®
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