Seller's Agent in 2023
Kellie Garrett
Oasis Realty
1 in this area
40 Total Sales
1126 W Michigan Ave Lansing, MI 48915
Westside NeighborhoodEstimated Value: $150,000 - $182,000
--
Bed
1
Bath
2,028
Sq Ft
$82/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Tile Flooring
- Back and Front Yard Fenced
- Front Porch
- Forced Air Heating System
- Level Lot
About This Home
As of May 2023Cash flowing duplex near public transit, and nestled in residential neighborhood. New roof in April 2021. Tenant occupied first floor, 2 bedroom unit with basement access to laundry, leased for $1000/mth. Remodeled upper, 1-bedroom unit with laundry, currently seeking new tenant @ $650/mth. Newer furnaces so each unit pays their own heat and electricity. Water/sewer paid by owner runs about $80 monthly. Re-certified by city of Lansing 03/13/2023.
Last Agent to Sell the Property
Oasis Realty License #6502432388 Listed on: 03/21/2023
Last Buyer's Agent
Non Member
Non Member Office
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1896
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 66x140.25
- Back and Front Yard Fenced
- Wood Fence
- Level Lot
Home Design
- Duplex
- Traditional Architecture
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,028 Sq Ft Home
- 2-Story Property
- Laundry on upper level
Flooring
- Carpet
- Linoleum
- Tile
Basement
- Block Basement Construction
- Laundry in Basement
Parking
- 4 Parking Spaces
- No Garage
- Parking Pad
- Common or Shared Parking
- Outside Parking
Outdoor Features
- Exterior Lighting
- Front Porch
Location
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
Listing and Financial Details
- Total Actual Rent $19,800
Community Details
Overview
- 2 Units
- Frenchs Subdivision
Building Details
- Insurance Expense $1,012
- Maintenance Expense $996
- Manager Expense $2,580
- Other Expense $1,980
- Water Sewer Expense $960
- New Taxes Expense $3,874
- Net Operating Income $3,732
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2023
Closed on
Apr 28, 2023
Sold by
Pegasus Rentals Llc
Bought by
Sanders Brandon and Naber Emily
Seller's Agent
Kellie Garrett
Oasis Realty
Buyer's Agent
Non Member
Non Member Office
List Price
$139,900
Sold Price
$133,900
Premium/Discount to List
-$6,000
-4.29%
Views
79
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
$32,769
Avg. Annual Appreciation
10.03%
Original Mortgage
$111,600
Outstanding Balance
$108,632
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$58,037
Purchase Details
Closed on
Aug 2, 2021
Sold by
Pelton Sarah
Bought by
Pegasus Rentals Llc
Purchase Details
Listed on
Mar 12, 2021
Closed on
May 19, 2021
Sold by
Miller Erik D
Bought by
Pelton Sarah
Seller's Agent
Mary Jane Vanderstow
Coldwell Banker Frewen Realty, LLC
Buyer's Agent
Sarah Pelton
Community Realty, LLC
List Price
$114,900
Sold Price
$120,000
Premium/Discount to List
$5,100
4.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$59,950
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 19, 2016
Sold by
Single Michael J
Bought by
Miller Erik D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
3.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 12, 2015
Sold by
Kris Keith A
Bought by
Schury Michael J
Purchase Details
Closed on
Oct 26, 2006
Sold by
Brown Kathleen E
Bought by
Deutsche Bank National Trust Co and Ameriquest Mortgage Securities Inc Asset
Purchase Details
Closed on
Nov 1, 1995
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sanders Brandon | $139,500 | None Listed On Document | |
| Pegasus Rentals Llc | -- | None Available | |
| Pelton Sarah | $120,000 | None Available | |
| Miller Erik D | $69,900 | None Available | |
| Schury Michael J | $29,246 | None Available | |
| Deutsche Bank National Trust Co | $82,835 | None Available | |
| -- | $34,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sanders Brandon | $111,600 | |
| Previous Owner | Pelton Sarah | $59,950 | |
| Previous Owner | Miller Erik D | $66,400 | |
| Previous Owner | Brown Kathleen E | $77,600 | |
| Previous Owner | Brown Kathleen E | $59,500 | |
| Previous Owner | Brown Kathleen E | $10,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2023 05/02/23 | Sold | $133,900 | -4.3% | $66 / Sq Ft |
| 03/21/2023 03/21/23 | For Sale | $139,900 | +16.6% | $69 / Sq Ft |
| 05/20/2021 05/20/21 | Sold | $120,000 | +4.4% | $59 / Sq Ft |
| 03/16/2021 03/16/21 | Pending | -- | -- | -- |
| 03/12/2021 03/12/21 | For Sale | $114,900 | -- | $57 / 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 |
|---|---|---|---|---|
| 2024 | $47 | $67,200 | $7,900 | $59,300 |
| 2023 | $4,984 | $60,600 | $7,900 | $52,700 |
| 2022 | $3,874 | $47,700 | $8,300 | $39,400 |
| 2021 | $3,224 | $43,100 | $9,900 | $33,200 |
| 2020 | $3,201 | $40,300 | $9,900 | $30,400 |
| 2019 | $3,088 | $40,100 | $9,900 | $30,200 |
| 2018 | $2,932 | $36,000 | $9,900 | $26,100 |
| 2017 | $2,820 | $36,000 | $9,900 | $26,100 |
| 2016 | $2,304 | $32,400 | $9,900 | $22,500 |
| 2015 | $2,304 | $31,400 | $19,818 | $11,582 |
| 2014 | $2,304 | $29,400 | $16,250 | $13,150 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2023
Non Member
Non Member Office
-
Seller's Agent in 2021
Mary Jane Vanderstow
Coldwell Bankers Frewen Realty
(517) 543-7766
1 in this area
88 Total Sales
-
Buyer's Agent in 2021
Sarah Pelton
Community Realty, LLC
(719) 494-5939
1 in this area
58 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 271823
APN: 01-01-17-260-151
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Copyright © 2025 Greater Lansing Association of REALTORS®
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