$225,000
COMING SOON

Estimated payment $1,713/month

-- Bed
-- Bath
2,048 Sq Ft
2,352 Sq Ft Lot

Highlights

  • Covered patio or porch
  • Wood Fence
  • 3-minute walk to Riverpoint Park
  • Forced Air Heating System

About This Home

*COMING SOON!* INCREDIBLE INVESTMENT OPPORTUNITY! Don't miss your chance to add this fully occupied 4-unit, 2-story home to your portfolio! This fantastic home offers separate gas meters for each unit, as well as two electric meters and two water meters.

Listing Agent

Jonathan Lum

EXIT Realty Home Partners License #6502412954

EXIT Realty Home Partners

Co-Listing Agent

HPR Team

EXIT Realty Home Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,585

Year Built

  • Built in 1925

Lot Details

  • 2,352 Sq Ft Lot
  • Lot Dimensions are 53.5x44
  • Wood Fence

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,048 Sq Ft Home
  • 2-Story Property
  • Block Basement Construction
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Covered patio or porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 4 Units
  • Sparrows Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,585

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Tax Year: 2024
  • Levels: Two
  • Year Built: 1925
  • Lot Size Acres: 0.05
  • Lot Size: 53.5x44
  • Co List Office Mls Id: 1073
  • Co List Office Phone: 517-803-2345
  • Subdivision Name: Sparrows
  • Above Grade Finished Sq Ft: 2048.0
  • General Property Info:Lot Size Dimensions: 53.5x44
  • General Property Info:Above Grade Finished Area: 2048.0
  • Levels:Two2: Yes
  • Foundation Details:Block4: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Exterior:Vinyl Siding: Yes
  • Fencing:Fenced: Yes
  • Cooling:None8: Yes
  • Fencing:Wood3: Yes
  • Tax Info:Taxes2: 5585.1
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: 120-122 E Elm
  • General Property Info:_pound_ of Units: 4
  • Special Features: ComingSoon
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • ResoLivingAreaSource: Assessor
  • Basement:Block2: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Foundation Details: Block
  • Patio And Porch Features: Covered
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • General Property Info:Parking Total: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: None
  • SecurityFeatures: Smoke Detector(s)
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 2352.24
  • Zoning Description: Zoning
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Carrier Route: 1606

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





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 $44 $70,900 $3,100 $67,800
2023 $5,266 $59,900 $3,100 $56,800
2022 $4,912 $58,200 $2,300 $55,900
2021 $2,485 $31,500 $2,800 $28,700
2020 $2,464 $28,700 $2,800 $25,900
2019 $2,362 $26,900 $2,800 $24,100
2018 $2,256 $25,500 $2,800 $22,700
2017 $2,164 $25,500 $2,800 $22,700
2016 $2,097 $25,000 $2,800 $22,200
2015 $2,097 $24,000 $5,678 $18,322
2014 $2,097 $23,900 $5,678 $18,222
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $127,500 +6.3% $62 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/29/2021 03/29/21 Price Changed $119,900 0.0% $59 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
02/06/2021 02/06/21 For Sale $119,900 -- $59 / Sq Ft
Source: Greater Lansing Association of Realtors®

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $127,500 Ata National Title Group Llc
Warranty Deed $75,900 None Available
Land Contract -- None Available
Quit Claim Deed -- None Available
Land Contract -- Tri Title
Warranty Deed $29,450 Tri Title
Warranty Deed $29,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $102,000 New Conventional
Source: Public Records

Source: Greater Lansing Association of Realtors®

MLS Number: 287946

Greater Lansing Association of Realtors®

APN: 01-01-21-257-175