NOT LISTED FOR SALE

118 Lansing St Eaton Rapids, MI 48827

Estimated Value: $155,000 - $189,000

4 Beds
2 Baths
1,599 Sq Ft
$106/Sq Ft Est. Value

Last Sold November 10, 2017

Last sale price $85,000 $53 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,170/month

12 Days on Market

Highlights

  • Cape Cod Architecture
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of November 2017

This Eaton Rapids duplex features wrapped windows, facia and soffit. A front and side covered porch, a shed, new roof, planter out front, and much more. The main level unit features an updated kitchen and a 3 seasons room. The upper unit features a large deck with a glass slider. Each unit has 2 bedrooms, a bathroom, and a laundry area.

Last Agent to Sell the Property

Rachel Jones

Keller Williams Realty Lansing Listed on: 09/14/2017

Last Buyer's Agent

David Hall

Achieve Real Estate LLC License #6502433100

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 7,623 Sq Ft Lot
  • Lot Dimensions are 66x115.5

Home Design

  • Duplex
  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,599 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Gravel Driveway

Utilities

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

Listing and Financial Details

  • Total Actual Rent $14,700

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $665
  • New Taxes Expense $2,687

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Gross Rent: 14700.0
  • Misc Business Info Parking Surface: Gravel
  • Misc Business Info Roof Type: Shingle
  • Tax Year: 2016
  • Misc Business Info Overall Building Siz: 1599
  • Levels: Two
  • Year Built: 1880
  • Lot Size Acres: 0.18
  • Lot Size: 66x115.5
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1599.0
  • Architectural Style: Cape Cod
  • General Property Info:Lot Size Dimensions: 66x115.5
  • General Property Info:Above Grade Finished Area: 1599.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style:Cape Cod: Yes
  • Exterior:Vinyl Siding: Yes
  • Tax Info:Taxes2: 2687.3
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Water Heater:Electric Water Heater2: Yes
  • Annual Inc Expense:Insurance4: 664.9
  • Annual Inc Expense:Tax Expense2: 2687.3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Misc Business Info:_pound_ Parking: 2
  • General Property Info:Parking Total: 2

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: Eaton Rapids

Lot Info

  • Lot Size Sq Ft: 7623.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2017
Closed on
Nov 10, 2017
Sold by
Stapleton Robert J and Stapleton Georgia M
Bought by
Wehr Matthew and Wehr Timara
Seller's Agent
Rachel Jones
Keller Williams Realty Lansing
Buyer's Agent
David Hall
Achieve Real Estate LLC
List Price
$78,000
Sold Price
$85,000
Premium/Discount to List
$7,000
8.97%
Current Estimated Value
$167,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,243
Avg. Annual Appreciation
9.34%
Original Mortgage
$83,460
Outstanding Balance
$70,980
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$98,834
Source: Public Records

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
Wehr Matthew $85,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wehr Matthew $83,460
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2017 11/10/17 Sold $85,000 +9.0% $53 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $78,000 -- $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
2025 $3,050 $72,300 $0 $0
2024 $1,956 $67,700 $0 $0
2023 $1,496 $60,300 $0 $0
2022 $2,034 $53,300 $0 $0
2021 $1,962 $48,700 $0 $0
2020 $1,943 $47,700 $0 $0
2019 $3,201 $44,008 $0 $0
2018 $2,103 $49,036 $0 $0
2017 $2,622 $47,150 $0 $0
2016 -- $44,700 $0 $0
2015 -- $43,400 $0 $0
2014 -- $42,550 $0 $0
2013 -- $42,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Rachel Jones

    Keller Williams Realty Lansing

  • David Hall

    Buyer's Agent in 2017

    David Hall

    Achieve Real Estate LLC

    (517) 712-8329

    2 in this area

    141 Total Sales

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 220072

Greater Lansing Association of Realtors®

APN: 300-062-603-080-00

Michigan Eaton County Eaton Rapids 48827

118 Lansing St, Eaton Rapids, MI

This home is located at 118 Lansing St, Eaton Rapids, MI 48827 since 14 September 2017 and is currently estimated at $169,814, approximately $106 per square foot. This property was built in 1880. 118 Lansing St is a home located in Eaton County with nearby schools including Lockwood Elementary School, Greyhound Intermediate School, and Eaton Rapids Middle School.

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