V
Seller's Agent in 2022
Victor Diaz
EXIT Realty Home Partners
122 W César E Chávez Ave Lansing, MI 48906
Old Town Neighborhood
--
Bed
--
Bath
1,668
Sq Ft
0.31
Acres
Highlights
- Forced Air Heating System
- High Speed Internet
- 4-minute walk to Turner Mini Park
About This Home
As of March 2022Back on market-buyer financing fell through. Step back into simpler times with this two unit licensed rental which can easily be converted back to a single family. Lots of original woodwork, large living area in the upper unit, and attic space. Original built-ins with leaded glass, glass pocket doors, wood fireplace (hasn't been used in years), and wood floor. Three car detached garage with separate bays for parking. Location close to Lansing's Old Town. Owners have been diligent in caring for this property. Buyer/buyers' agent to verify all information.
Last Agent to Sell the Property
COLDWELL BANKER FREWEN License #6501383723 Listed on: 07/07/2020
Last Buyer's Agent
Nonmember Agent
Non Member
Property Details
Home Type
- Apartment
Year Built
- Built in 1910
Parking
- 3 Parking Spaces
Home Design
- Brick Exterior Construction
- Composition Roof
Utilities
- No Cooling
- Forced Air Heating System
- High Speed Internet
- Cable TV Available
Additional Features
- Crawl Space
- 0.31 Acre Lot
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for water, sewer, gas
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Maintenance Expense $1,200
- Operating Expense $3,631
- Gross Income $9,480
- Net Operating Income $5,849
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2022
Closed on
Mar 25, 2022
Sold by
Douglas Warren
Bought by
Tenorio Bulmaro and Tenorio Juana
Seller's Agent
Victor Diaz
EXIT Realty Home Partners
Buyer's Agent
Scott Harrington
Harrington Real Estate Group LLC
List Price
$95,000
Sold Price
$88,000
Premium/Discount to List
-$7,000
-7.37%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,934
Avg. Annual Appreciation
14.97%
Purchase Details
Listed on
Jul 7, 2020
Closed on
Sep 24, 2020
Sold by
Lind Louise and Lind Gordon
Bought by
Warren Douglas
Seller's Agent
Mary Jane Vanderstow
COLDWELL BANKER FREWEN
Buyer's Agent
Nonmember Agent
Non Member
List Price
$94,900
Sold Price
$94,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.91%
Original Mortgage
$80,665
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $88,000 | Diversified National Title | |
| Warranty Deed | $94,900 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $80,665 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2022 03/25/22 | Sold | $88,000 | -7.4% | $53 / Sq Ft |
| 03/17/2022 03/17/22 | Pending | -- | -- | -- |
| 03/02/2022 03/02/22 | For Sale | $95,000 | +0.1% | $57 / Sq Ft |
| 09/25/2020 09/25/20 | Sold | $94,900 | 0.0% | $57 / Sq Ft |
| 07/10/2020 07/10/20 | Pending | -- | -- | -- |
| 07/07/2020 07/07/20 | For Sale | $94,900 | -- | $57 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $46 | $77,700 | $4,800 | $72,900 |
| 2023 | $5,253 | $62,800 | $4,800 | $58,000 |
| 2022 | $4,167 | $56,400 | $5,400 | $51,000 |
| 2021 | $4,071 | $49,900 | $5,900 | $44,000 |
| 2020 | $3,050 | $44,800 | $5,900 | $38,900 |
| 2019 | $2,942 | $42,900 | $5,900 | $37,000 |
| 2018 | $2,794 | $41,400 | $5,900 | $35,500 |
| 2017 | $2,687 | $41,400 | $5,900 | $35,500 |
| 2016 | $2,580 | $40,700 | $5,900 | $34,800 |
| 2015 | $2,580 | $39,300 | $11,892 | $27,408 |
| 2014 | $2,580 | $37,700 | $15,750 | $21,950 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Scott Harrington
Harrington Real Estate Group LLC
(269) 420-0197
1 in this area
173 Total Sales
-
Seller's Agent in 2020
Mary Jane Vanderstow
COLDWELL BANKER FREWEN
(517) 543-7766
1 in this area
91 Total Sales
-
N
Buyer's Agent in 2020
Nonmember Agent
Non Member
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 20022011
APN: 01-01-09-328-051
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