H
Seller's Agent in 2020
Hunter Seyfarth
Berkshire Hathaway HomeServices
(517) 281-1683
39 Total Sales
1128 Platt St Lansing, MI 48910
Reo Town NeighborhoodEstimated Value: $148,000 - $218,000
--
Bed
4
Baths
2,216
Sq Ft
$82/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- High Speed Internet
- 3-minute walk to Riverpoint Park
About This Home
As of July 2020This quadplex sits downtown REO Town! The units are all 2 bed 1bath and have been recently renovated. All units utilities are separately metered allowing for those expenses to be tenant paid if the owner chooses. Currently 3 of the 4 units are occupied making it a perfect owner occupied rental or easily filled to max capacity. Photos were taken after the recent renovation to market the property for rent so it is occupied. Vinyl siding makes for less long term maintenance. Don't let this money maker slip away. Schedule your showing today.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices License #6501386167 Listed on: 06/12/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,963
Year Built
- Built in 1890
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 33x148
Home Design
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,216 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Parking
- 8 Parking Spaces
- No Garage
- Dirt Driveway
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Total Actual Rent $33,360
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $1,469
- Water Sewer Expense $1,092
- New Taxes Expense $2,963
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 18, 2024
Sold by
Fitzpatrick Terri L
Bought by
Platt Street Property Llc
Current Estimated Value
Purchase Details
Listed on
Jun 12, 2020
Closed on
Jul 23, 2020
Sold by
Fitzpatrick William Samuel
Bought by
Fitzpatrick Terri L
Seller's Agent
Hunter Seyfarth
Berkshire Hathaway HomeServices
Buyer's Agent
Cindy Beckwith
Five Star Real Estate - Lansing
List Price
$149,900
Sold Price
$154,500
Premium/Discount to List
$4,600
3.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Purchase Details
Listed on
May 10, 2017
Closed on
Jan 9, 2018
Sold by
Prosperity Investment Group
Bought by
Platt Street Invesments Llc
Seller's Agent
DeAnna Cambridge
All 'n 1 Realty, Inc.
Buyer's Agent
Brent Forsberg
Forsberg Real Estate Company
List Price
$139,900
Sold Price
$120,000
Premium/Discount to List
-$19,900
-14.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%
Original Mortgage
$92,000
Interest Rate
3.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 4, 2005
Sold by
Bradshaw Sherry
Bought by
Wells Fargo Bank Na and Mastr Asset Backed Securities Trust 2004
Purchase Details
Closed on
May 28, 2004
Sold by
Bunte James E Vande
Bought by
Bradshaw Sherry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
9.4%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 29, 2002
Sold by
Bunte Shiela D Vande and Bunte Sheila Vande
Bought by
Bunte James E Vande
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Platt Street Property Llc | -- | None Listed On Document | |
| Fitzpatrick Terri L | -- | None Listed On Document | |
| Fitzpatrick Terri L | $154,500 | None Available | |
| Platt Street Invesments Llc | $120,000 | None Available | |
| Wells Fargo Bank Na | $97,403 | None Available | |
| Bradshaw Sherry | $88,000 | Metropolitan Title Company | |
| Bunte James E Vande | -- | Metro |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Platt Street Invesments Llc | $92,000 | |
| Previous Owner | Bradshaw Sherry | $92,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/23/2020 07/23/20 | Sold | $154,500 | +3.1% | $70 / Sq Ft | |
| 06/16/2020 06/16/20 | Pending | -- | -- | -- | |
| 06/11/2020 06/11/20 | For Sale | $149,900 | +24.9% | $68 / Sq Ft | |
| 01/09/2018 01/09/18 | Sold | $120,000 | 0.0% | $54 / Sq Ft | View Prior Sale |
| 10/31/2017 10/31/17 | Off Market | $120,000 | -- | -- | |
| 10/12/2017 10/12/17 | Pending | -- | -- | -- | |
| 05/10/2017 05/10/17 | For Sale | $139,900 | -- | $63 / 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 | $3,225 | $37,200 | $3,900 | $33,300 |
| 2024 | $24 | $38,100 | $3,900 | $34,200 |
| 2023 | $3,049 | $35,800 | $3,900 | $31,900 |
| 2022 | $2,807 | $30,600 | $2,900 | $27,700 |
| 2021 | $2,744 | $29,600 | $3,500 | $26,100 |
| 2020 | $2,861 | $31,000 | $4,500 | $26,500 |
| 2019 | $2,898 | $32,600 | $4,500 | $28,100 |
| 2018 | $2,671 | $37,200 | $4,500 | $32,700 |
| 2017 | $2,244 | $37,200 | $4,500 | $32,700 |
| 2016 | $3,961 | $35,600 | $4,500 | $31,100 |
| 2015 | $3,961 | $33,600 | $9,014 | $24,586 |
| 2014 | $3,961 | $31,400 | $9,014 | $22,386 |
Source: Public Records
Agents Affiliated with this Home
-
Hunter Seyfarth
-
Cindy Beckwith
Buyer's Agent in 2020
Cindy Beckwith
Five Star Real Estate - Lansing
(517) 614-2254
132 Total Sales
-
D
Seller's Agent in 2018
DeAnna Cambridge
All 'n 1 Realty, Inc.
-
Brent Forsberg
Buyer's Agent in 2018
Brent Forsberg
Forsberg Real Estate Company
(517) 349-9330
7 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 246836
APN: 01-01-21-258-105
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