NOT LISTED FOR SALE

117 E North St Lansing, MI 48906

Turner-Dodge Neighborhood

Estimated Value: $103,073 - $143,000

-- Bed
-- Bath
1,624 Sq Ft
$79/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $75,000 $46 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $720/month

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 3-minute walk to Turner-Dodge Park
  • High Speed Internet

About This Home

As of February 2020

Great duplex opportunity with immediate cash flow. 2 bedrooms in upper unit and 2 bedrooms in lower unit. Seller has invested in new furnaces and a/c units for both apartments and water heaters too. Walk up to the home with large front porch. Inside is the original banister and private entry into both units. Unit one has some hardwood throughout, large living room, dining room and 2 bedrooms with full bath and galley style kitchen off the back. Upstairs has 2 beds with kitchen with eating area, and nice sized living room. Parking for 4 cars off fenced backyard with alley access. Unit 1 lease through 7/2020 and Unit 2 lease through 11/2020. Good overall condition and prime location. Don't delay!

Last Listed By

Joseph Vitale

Century 21 Affiliated License #6506045566 Listed on: 01/23/2020

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33x132

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1,624 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • No Garage
  • Alley Access

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Total Actual Rent $16,500

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $2,200
  • Insurance Expense $500
  • Water Sewer Expense $1,800
  • New Taxes Expense $3,973
  • Operating Expense $7,500
  • Net Operating Income $7,126

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Gross Rent: 16500.0
  • Less Fuel: 900.0
  • Net Income: 7126.0
  • Total Expense: 7500.0
  • Water Sewer Expenses: 1800.0
  • Tax Year: 2018
  • Registered Licenses for Unrelated Occupants: Duplex
  • Levels: Two
  • Year Built: 1908
  • Lot Size Acres: 0.1
  • Lot Size: 33x132
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1624.0
  • General Property Info:Lot Size Dimensions: 33x132
  • General Property Info:Above Grade Finished Area: 1624.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Wood Siding: Yes
  • Tax Info:Taxes2: 4360.89
  • 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:Insurance4: 500.0
  • Annual Inc Expense:Tax Expense2: 3973.0
  • Annual Inc Expense:Electricity5: 2200.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Construction Type: Aluminum Siding, Wood Siding

Garage/Parking

  • Parking Features: Alley Access, No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • Parking Features:Alley Access: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Feb 28, 2020
Sold by
Holey Mark Amos
Bought by
Whitchurst Bryan and Whitchurst Sophia C
Seller's Agent
Joseph Vitale
Century 21 Affiliated
Buyer's Agent
David Alter
Coldwell Banker Professionals-Delta
List Price
$79,000
Sold Price
$75,000
Premium/Discount to List
-$4,000
-5.06%
Total Days on Market
0
Current Estimated Value
$128,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,268
Avg. Annual Appreciation
11.98%
Original Mortgage
$56,250
Outstanding Balance
$50,645
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$85,076

Purchase Details

Closed on
Nov 4, 2015
Sold by
The Donna J Holey Revocable Trust
Bought by
Holey Mark Amos

Purchase Details

Closed on
Apr 6, 2001
Sold by
Holey Donna J
Bought by
Donna J Holey Revocable Trust

Range of Values:

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Average Value
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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
Whitchurst Bryan $75,000 None Available
Holey Mark Amos -- None Available
Donna J Holey Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitchurst Bryan $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $75,000 -5.1% $46 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $79,000 -- $49 / 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 $28 $48,600 $4,600 $44,000
2023 $3,272 $43,400 $4,600 $38,800
2022 $2,994 $36,900 $4,100 $32,800
2021 $2,925 $35,000 $5,500 $29,500
2020 $2,411 $32,200 $5,500 $26,700
2019 $2,323 $30,500 $5,500 $25,000
2018 $2,209 $27,300 $5,500 $21,800
2017 $2,123 $27,300 $5,500 $21,800
2016 $1,937 $26,200 $5,500 $20,700
2015 $1,937 $25,200 $10,973 $14,227
2014 $1,937 $24,300 $10,973 $13,327
Source: Public Records

Agents Affiliated with this Home

  • Joseph Vitale

    Seller's Agent in 2020

    Joseph Vitale

    Century 21 Affiliated

    (517) 887-0800

    1 in this area

    282 Total Sales

    Joseph Vitale
    Section Image
  • David Alter

    Buyer's Agent in 2020

    David Alter

    Coldwell Banker Professionals-Delta

    (517) 899-9539

    13 Total Sales

    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 243741

Greater Lansing Association of Realtors®

APN: 01-01-09-206-051

Michigan Ingham County Lansing 48906 Turner-Dodge

117 E North St, Lansing, MI

Homes for Sale in Lansing, MI

This home is located at 117 E North St, Lansing, MI 48906 since 23 January 2020 and is currently estimated at $128,268, approximately $78 per square foot. This property was built in 1908. 117 E North St is a home located in Ingham County with nearby schools including Gier Park School, Pattengill Academy, and Eastern Lansing High School.

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