120 E Elm St Lansing, MI 48910
Reo Town NeighborhoodHighlights
- Covered patio or porch
- Wood Fence
- 3-minute walk to Riverpoint Park
- Forced Air Heating System
About This Home
As of March 2021Tenant occupied 4-unit, 2-story property. 1st floor units are spacious efficiencies with basement, deck and fenced exterior. 2nd floor units are one bedroom. All units have separate gas meters, with tenants paying gas.
Unit 120-2 is responsible for gas effective 05/01/21. . 2 electric meters for entire property. 2 water meters for entire property. Two locked exterior storage units, not for tenant use. Seller will entertain reasonable land contract offers, with 10-year or less amortization.
Last Agent to Sell the Property
Jill Powell
1st Choice Real Estate License #6502350891
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,464
Year Built
- Built in 1925
Lot Details
- 2,352 Sq Ft Lot
- Lot Dimensions are 53x44
- 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
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Total Actual Rent $26,580
Community Details
Overview
- 4 Units
- Sparrows Subdivision
Building Details
- Water Sewer Expense $1,094
- New Taxes Expense $2,464
Ownership History
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Map
Home Values in the Area
Average Home Value in this Area
Purchase 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 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $102,000 | New Conventional |
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 |
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: Greater Lansing Association of Realtors®
MLS Number: 252905
APN: 01-01-21-257-175
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Copyright © 2025 Greater Lansing Association of REALTORS®
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