NOT LISTED FOR SALE

Estimated Value: $94,000 - $142,000

-- Bed
1 Bath
1,574 Sq Ft
$70/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $91,000 $58 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $613/month

8 Days on Market

Highlights

  • Wood Flooring
  • Awning
  • High Speed Internet
  • Front Porch
  • Forced Air Heating System
  • 3-minute walk to Edmore Park

About This Home

As of October 2023

Amazing investment opportunity, turn key and ready to go! 2 units near downtown fully occupied. Both units have been updated and well maintained. A lot of charming old wood work, hardwood floors. Both units are 2 bedrooms. Don't pass up on this opportunity!!

Last Listed By

Mark Mantyla

Five Star Real Estate - Lansing License #6501410682 Listed on: 09/06/2023

Five Star Real Estate - Lansing

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 33x109

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,574 Sq Ft Home
  • 3-Story Property
  • Awning
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Laminate
  • Ceramic Tile

Basement

  • Michigan Basement
  • Laundry in Basement

Parking

  • 3 Parking Spaces
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Front Porch
  • City Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Tax Year: 2022
  • Levels: Three Or More
  • Year Built: 1916
  • Lot Size Acres: 0.16
  • Lot Size: 33x109
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1574.0
  • General Property Info:Lot Size Dimensions: 33x109
  • General Property Info:Above Grade Finished Area: 1574.0
  • General Property Info:Spa2: No
  • Laundry Features:In Basement: Yes
  • Laundry Features:Washer Hookup: Yes
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • General Property Info:Pool Private2: No
  • Flooring:Ceramic Tile: Yes
  • Flooring:Hardwood: Yes
  • Cooling:None8: Yes
  • Levels:Three or More: Yes
  • Flooring:Linoleum: Yes
  • Tax Info:Taxes2: 3100.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: 2 Unit Home
  • General Property Info:_pound_ of Units: 2
  • Water Heater:Water Heater3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete, Michigan
  • Heating: Forced Air, Natural Gas
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Linoleum
  • Property Type: Resid/Multi-Family
  • Private Spa: No
  • Basement:Michigan: Yes
  • Basement:Concrete2: Yes

Exterior Features

  • Roof: Shingle
  • Foundation Details: Concrete Perimeter
  • Lot Features: City Lot
  • RoadSurfaceType: Asphalt
  • Patio And Porch Features: Awning(s), Front Porch
  • Pool Private: No
  • Construction Type: Vinyl Siding
  • Lot Features:City Lot: Yes
  • Patio Porch Features:Front Porch: Yes
  • Patio Porch Features:Awning(s): Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • Parking Features: Concrete, Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Misc Business Info:_pound_ Parking: 3
  • General Property Info:Parking Total: 3
  • Parking Features:Concrete6: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Water Heater
  • Cooling: None
  • LaundryFeatures: In Basement, Washer Hookup
  • Utilities: High Speed Internet Available, 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: 7100.28
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Carrier Route: 4736

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 20, 2023
Sold by
Adams My-Hanh Thi
Bought by
Carnish Tod and Ramirez Christian
Seller's Agent
Mark Mantyla
Five Star Real Estate - Lansing
Buyer's Agent
Deanna Powers
Five Star Real Estate - Lansing
List Price
$90,000
Sold Price
$91,000
Premium/Discount to List
$1,000
1.11%
Total Days on Market
8
Views
23
Current Estimated Value
$109,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,649
Avg. Annual Appreciation
12.96%
Original Mortgage
$68,250
Outstanding Balance
$67,289
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$42,360

Purchase Details

Listed on
Oct 28, 2019
Closed on
Jun 17, 2020
Sold by
Johnson James
Bought by
Adams My Hanh Thi
Seller's Agent
Tracey Hernly
Howard Hanna Real Estate Executives
Buyer's Agent
LANSING NON-MEMBER SOLD
NON-MEMBER SOLD LANSING
Sold Price
$57,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.61%
Original Mortgage
$43,275
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2018
Sold by
Duncan Micah
Bought by
Johnson James

Purchase Details

Closed on
Feb 23, 2001
Sold by
Johnson James E and Swan Danelle
Bought by
Johnson James E and Duncan Micah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,765
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage

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
Carnish Tod $91,000 Mutual Title Agency
Adams My Hanh Thi $57,700 Mid Michigan Title Agency
Johnson James -- None Available
Johnson James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carnish Tod $68,250
Previous Owner Adams My Hanh Thi $43,275
Previous Owner Duncan Micah A $54,350
Previous Owner Johnson James E $51,765
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $91,000 +1.1% $58 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $90,000 +56.0% $57 / Sq Ft
06/17/2020 06/17/20 Sold $57,700 -- --
04/29/2020 04/29/20 Pending -- -- --
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 $35 $50,400 $2,800 $47,600
2023 $3,125 $40,700 $2,800 $37,900
2022 $2,860 $36,500 $3,200 $33,300
2021 $2,794 $33,300 $4,900 $28,400
2020 $2,790 $30,200 $4,900 $25,300
2019 $3,908 $29,000 $4,900 $24,100
2018 $2,107 $26,700 $4,900 $21,800
2017 $2,100 $26,700 $4,900 $21,800
2016 $1,944 $26,200 $4,900 $21,300
2015 $1,944 $25,400 $9,832 $15,568
2014 $1,944 $24,400 $12,250 $12,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 275805

Greater Lansing Association of Realtors®

APN: 01-01-09-326-051