NOT LISTED FOR SALE

115 E Main St Grand Ledge, MI 48837

Estimated Value: $231,000 - $273,000

4 Beds
2 Baths
2,224 Sq Ft
$111/Sq Ft Est. Value

Last Sold April 03, 2024

Last sale price $223,000 $100 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,630/month

76 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Forced Air Heating System
  • Leon W. Hayes Middle School Rated A-
  • 4 Car Attached Garage
  • Asbestos

About This Home

As of April 2024

Welcome 115 E Main St Grand Ledge, Mi 48837! This 2-unit duplex features a partially fenced in yard, newer roof and water softener as well as a 2-car attached garage shared by the tenants. The downstairs unit offers 2 bedrooms and 1 bath, hardwood floors and a spacious kitchen. Upstairs you will find another unit with 2 bedrooms, 1 bathroom, spacious living room and eat-in kitchen. Enjoy its close proximity to parks and local restaurants.

Last Agent to Sell the Property

Morgan Meredith

Keller Williams Realty Lansing License #6501422310 Listed on: 01/10/2024

Keller Williams Realty Lansing

Last Buyer's Agent

Arieal Frederick

Keller Williams Realty Lansing License #6501431424

Keller Williams Realty Lansing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,265

Year Built

  • Built in 1920

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 99x93
  • Partially Fenced Property
  • Corner Lot
  • Back and Front Yard

Home Design

  • Duplex
  • Traditional Architecture
  • Asbestos Siding
  • Asbestos
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,224 Sq Ft Home
  • 2-Story Property

Basement

  • Michigan Basement
  • Laundry in Basement

Parking

  • 4 Car Attached Garage
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,265

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Tax Year: 2023
  • Levels: Two
  • Year Built: 1920
  • Lot Size Acres: 0.21
  • Lot Size: 99X93
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2224.0
  • Architectural Style: Traditional
  • General Property Info:Lot Size Dimensions: 99X93
  • General Property Info:Above Grade Finished Area: 2224.0
  • Levels:Two2: Yes
  • Laundry Features:In Basement: Yes
  • Fencing:Partial2: Yes
  • Sewer:Public Sewer: Yes
  • Exterior:Asbestos: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Architectural Style:Traditional: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 4265.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: DUPLEX
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • ResoLivingAreaSource: Assessor
  • Basement:Michigan: Yes

Exterior Features

  • Fencing: Partial
  • Foundation Details: Concrete Perimeter
  • Lot Features: Back Yard, Front Yard, Corner Lot
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Construction Type: Asbestos
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: Concrete, Attached, Driveway, Garage
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage2: Yes
  • General Property Info:Parking Total: 4
  • Parking Features:Concrete6: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: In Basement
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Grand Ledge

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Zoning Description: Zoning
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Carrier Route: 1657

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
Apr 3, 2024
Sold by
Timothy Booth Revocable Trust
Bought by
Frederick Ryan L
Seller's Agent
Morgan Meredith
Keller Williams Realty Lansing
Buyer's Agent
Arieal Frederick
Keller Williams Realty Lansing
List Price
$225,000
Sold Price
$223,000
Premium/Discount to List
-$2,000
-0.89%
Views
101
Current Estimated Value
$248,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,132
Avg. Annual Appreciation
6.22%
Original Mortgage
$218,960
Outstanding Balance
$215,725
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$31,670

Purchase Details

Closed on
Oct 2, 2020
Sold by
Gisse Randy J
Bought by
Timothy Rooth Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,736
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
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

Date Buyer Sale Price Title Company
Frederick Ryan L $223,000 Transnation Title
Timothy Rooth Revocable Trust $115,000 Ata National Title Group Llc
Timothy Booth Revocable Trust $115,000 Ata National Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frederick Ryan L $218,960
Previous Owner Timothy Booth Revocable Trust $88,736
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2024 04/03/24 Sold $223,000 +3.7% $100 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
02/29/2024 02/29/24 Price Changed $215,000 -4.4% $97 / Sq Ft
01/10/2024 01/10/24 For Sale $225,000 -- $101 / 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
2025 $3,917 $78,900 $0 $0
2024 $2,813 $73,500 $0 $0
2023 $3,241 $71,500 $0 $0
2022 $4,059 $65,700 $0 $0
2021 $3,899 $60,000 $0 $0
2020 $3,515 $57,600 $0 $0
2019 $3,351 $55,126 $0 $0
2018 $3,199 $51,800 $0 $0
2017 $3,199 $51,800 $0 $0
2016 $2,610 $51,800 $0 $0
2015 -- $51,800 $0 $0
2014 -- $51,800 $0 $0
2013 -- $51,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 278050

Greater Lansing Association of Realtors®

APN: 400-000-610-090-00