NOT LISTED FOR SALE

Estimated Value: $136,000 - $166,000

-- Bed
1 Bath
720 Sq Ft
$215/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $85,900 $119 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $824/month

25 Days on Market

Highlights

  • Covered patio or porch
  • Wood Siding
  • 3-minute walk to Riverside Park
  • Hot Water Heating System

About This Home

As of October 2019

Great investment properties! Leases are already in place.''

Last Listed By

Rob Buffington

White Pine Sotheby's International Realty License #6506044394 Listed on: 07/26/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 6,316 Sq Ft Lot
  • Lot Dimensions are 48x132

Home Design

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

Interior Spaces

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Gravel Driveway

Outdoor Features

  • Covered patio or porch

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $22,800

Community Details

Overview

  • 2 Units
  • Cadwell Subdivision

Building Details

  • Electric Expense $2,400
  • Other Expense $180
  • Water Sewer Expense $1,200
  • Operating Expense $3,780

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Gross Rent: 22800.0
  • Miscellaneous: 180.0
  • Total Expense: 3780.0
  • Water Sewer Expenses: 1200.0
  • Misc Business Info Roof Type: ASPHALT
  • Tax Year: 2018
  • Levels: Two
  • Year Built: 1914
  • Lot Size Acres: 0.15
  • Lot Size: 48X132
  • Subdivision Name: Cadwell
  • Above Grade Finished Sq Ft: 720.0
  • General Property Info:Lot Size Dimensions: 48X132
  • General Property Info:Above Grade Finished Area: 720.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Exterior:Brick: Yes
  • Exterior:Wood Siding: Yes
  • Tax Info:Taxes2: 3358.46
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: DUPLEX
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Electricity5: 2400.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Hot Water, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: Gravel, No Garage
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:No Garage: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 6316.2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 2400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2019
Closed on
Oct 1, 2019
Sold by
Wycoff John C
Bought by
Condensa Jennifer R and Duenas Juan A
Seller's Agent
Rob Buffington
White Pine Sotheby's International Realty
Buyer's Agent
Birchen Dutcher
Berkshire Hathaway HomeServices
List Price
$89,900
Sold Price
$85,900
Premium/Discount to List
-$4,000
-4.45%
Total Days on Market
25
Current Estimated Value
$154,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,568
Avg. Annual Appreciation
10.62%
Original Mortgage
$45,000
Outstanding Balance
$39,854
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$111,429

Purchase Details

Closed on
Jan 7, 2013
Sold by
Cygent Llc
Bought by
Wycoff John O

Purchase Details

Closed on
Apr 19, 2005
Sold by
Wycoff John O and Wycoff Cindy K
Bought by
Cygnet Llc

Purchase Details

Closed on
Oct 7, 2003
Sold by
Cygnet Llc
Bought by
Wycoff John O and Wycoff Cindy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
6.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 1, 2002
Sold by
Pompey Robert
Bought by
Cygnet Llc

Purchase Details

Closed on
May 5, 1998
Sold by
Sanborn Diane
Bought by
Dicicco Francis and Dicicco Deborah J

Purchase Details

Closed on
Apr 1, 1995

Range of Values:

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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

Date Buyer Sale Price Title Company
Condensa Jennifer R $85,900 Title Resource Agency
Wycoff John O -- None Available
Cygnet Llc -- None Available
Wycoff John O -- --
Cygnet Llc $76,000 Transnation Title
Pompey Robert $75,000 Transnation Title
Dicicco Francis $38,000 --
-- $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Condensa Jennifer R $45,000
Previous Owner Wycoff John O $81,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2019 10/01/19 Sold $85,900 -4.4% $119 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $89,900 -- $125 / 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 $51 $76,400 $8,400 $68,000
2023 $5,086 $68,000 $8,400 $59,600
2022 $5,255 $62,300 $9,400 $52,900
2021 $4,538 $59,000 $8,800 $50,200
2020 $4,506 $55,200 $8,800 $46,400
2019 $3,539 $50,900 $8,800 $42,100
2018 $3,358 $50,900 $8,800 $42,100
2017 $3,231 $50,900 $8,800 $42,100
2016 $3,103 $48,600 $8,800 $39,800
2015 $3,103 $47,100 $17,620 $29,480
2014 $3,103 $40,500 $20,389 $20,111
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 239207

Greater Lansing Association of Realtors®

APN: 01-01-20-406-171