NOT LISTED FOR SALE

Estimated Value: $100,000 - $168,000

5 Beds
2 Baths
1,517 Sq Ft
$81/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $91,800 $61 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $687/month

33 Days on Market

About This Home

As of February 2024

Now is your opportunity to own a 2-unit income property, great for new investors or adding to an existing portfolio! Many recent updates have been done to the property including new appliances, freshly painted, a new roof, asbestos abatement, electrical panel and many more. Both units feature 2 bedrooms and 1 full bath. The Second floor has its own private entrance. Separately metered with current rental license good through August 2026.

Last Listed By

Mary Jo Garascia

Berkshire Hathaway HomeServices Listed on: 11/15/2023

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 3,398 Sq Ft Lot
  • Lot Dimensions are 34.14x100

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,517 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement
  • Laundry in Basement

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Tax Year: 2022
  • Levels: Two
  • Year Built: 1929
  • Lot Size Acres: 0.08
  • Lot Size: 34.14x100
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1517.0
  • General Property Info:Lot Size Dimensions: 34.14x100
  • General Property Info:Above Grade Finished Area: 1517.0
  • Levels:Two2: Yes
  • Laundry Features:In Basement: Yes
  • Sewer:Public Sewer: Yes
  • Exterior:Vinyl Siding: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 3211.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: 2 UNIT HOME
  • General Property Info:_pound_ of Units: 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

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

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 3397.68
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Carrier Route: 2118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Feb 1, 2024
Sold by
Calich Llc
Bought by
Farooq Umar
Seller's Agent
Mary Jo Garascia
Berkshire Hathaway HomeServices
Buyer's Agent
Mary Jo Garascia
Berkshire Hathaway HomeServices
List Price
$100,000
Sold Price
$91,800
Premium/Discount to List
-$8,200
-8.2%
Total Days on Market
33
Views
38
Current Estimated Value
$122,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,932
Avg. Annual Appreciation
6.39%
Original Mortgage
$68,850
Outstanding Balance
$68,096
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$31,097

Purchase Details

Listed on
Mar 31, 2021
Closed on
Apr 16, 2021
Sold by
Orel Robert C
Bought by
Calich Llc
Seller's Agent
Genia Beckman
Century 21 Affiliated
Buyer's Agent
Mary Jo Garascia
Berkshire Hathaway HomeServices
List Price
$59,900
Sold Price
$65,000
Premium/Discount to List
$5,100
8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.12%

Purchase Details

Closed on
Dec 10, 2009
Sold by
Orel Robert C
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jun 18, 1998
Sold by
Hudson Lizzie
Bought by
Orel Robert C

Purchase Details

Closed on
Feb 26, 1998
Sold by
Hudson Lacy and Hudson Lizzie P
Bought by
Orel Robert P

Range of Values:

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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
Farooq Umar $91,800 None Listed On Document
Calich Llc $65,000 None Available
Citimortgage Inc $10,678 None Available
Orel Robert C $25,000 --
Orel Robert P $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farooq Umar $68,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $91,800 -8.2% $61 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $100,000 +53.8% $66 / Sq Ft
04/16/2021 04/16/21 Sold $65,000 +8.5% $43 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $59,900 -- $39 / 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 $30 $47,200 $4,400 $42,800
2023 $648 $41,900 $4,400 $37,500
2022 $3,211 $39,000 $4,100 $34,900
2021 $2,246 $35,200 $2,900 $32,300
2020 $2,229 $31,300 $2,900 $28,400
2019 $2,147 $29,200 $2,900 $26,300
2018 $2,042 $28,000 $2,900 $25,100
2017 $1,963 $28,000 $2,900 $25,100
2016 $1,884 $27,500 $2,900 $24,600
2015 $1,884 $26,700 $5,877 $20,823
2014 $1,884 $26,100 $9,500 $16,600
Source: Public Records

Agents Affiliated with this Home

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Source: Greater Lansing Association of Realtors®

MLS Number: 277332

Greater Lansing Association of Realtors®

APN: 01-01-08-405-081