NOT LISTED FOR SALE

1223 Elmwood Rd Lansing, MI 48917

Estimated Value: $329,125 - $351,000

5 Beds
3 Baths
2,472 Sq Ft
$137/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $265,000 $107 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,407/month

Highlights

  • Property is near public transit
  • Guest Parking
  • Landscaped
  • Park
  • Outdoor Storage
  • Forced Air Heating and Cooling System

About This Home

As of December 2021

Wonderful Opportunity for a well maintained Duplex in the heart of Delta Township close to all of your favorites restaurants, shops with Sharp Park and the trails just a skip away, every day can be an adventure. Two Unit duplex with private garages for each, full basements for laundry storage and large private backyards. Unit 1: has 2 bedrooms and 1 full bath with double sinks. Unit 2: First Unit has 3 bedrooms, 2 full baths with the 2nd bath connected to the Master bedroom. Currently occupied please allow at least 48 hrs of showings, call listing agent to schedule.

Last Agent to Sell the Property

Amy Jackson

Coldwell Banker Professionals-E.L. License #6501394590 Listed on: 08/27/2021

Coldwell Banker Professionals-E.L.

Last Buyer's Agent

Brent Forsberg

Forsberg Real Estate Company License #6502376887

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,241

Year Built

  • Built in 1978

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 100x200.30
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Back Yard Fenced and Front Yard

Home Design

  • Duplex
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,472 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement

Parking

  • 2 Car Garage
  • Guest Parking
  • Additional Parking

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $26,000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,241

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Gross Rent: 26000.0
  • Tax Year: 2021
  • Levels: Two
  • Year Built: 1978
  • Lot Size Acres: 0.45
  • Lot Size: 100X200.30
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2472.0
  • General Property Info:Lot Size Dimensions: 100X200.30
  • General Property Info:Above Grade Finished Area: 2472.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Laundry Features:In Basement: Yes
  • Fencing:Chain Link: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Fencing:Back Yard: Yes
  • Cooling:Central Air: Yes
  • Fencing:Wood3: Yes
  • Tax Info:Taxes2: 4241.0
  • Tax Info:Zoning3: Multi-Family
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: DUPLEX
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Sump Pump
  • Heating: Forced Air
  • Flooring: Combination
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes
  • Basement:Sump Pump: Yes
  • Community Features:Park: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Storage
  • Fencing: Back Yard, Chain Link, Wood
  • Lot Features: Back Yard, Front Yard, Landscaped, Near Public Transit
  • Construction Type: Aluminum Siding
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Lot Features:Near Public Transit: Yes
  • Exterior Features:Storage3: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

  • Parking Features: Additional Parking, Garage, Guest
  • Attached Garage: No
  • Parking Features:Garage2: Yes
  • Parking Features:Additional Parking: Yes
  • General Property Info:Parking Total: 5
  • Parking Features:Garage Spaces2: 2
  • Parking Features:Guest: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • LaundryFeatures: In Basement
  • Utilities: High Speed Internet Available, Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Park

Schools

  • Junior High Dist: Waverly

Lot Info

  • Lot Size Sq Ft: 19602.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 2065

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Dec 10, 2021
Sold by
Jackson Thaddeus
Bought by
Wlater Pons Llc
Seller's Agent
Amy Jackson
Coldwell Banker Professionals-E.L.
Buyer's Agent
Brent Forsberg
Forsberg Real Estate Company
List Price
$280,000
Sold Price
$265,000
Premium/Discount to List
-$15,000
-5.36%
Current Estimated Value
$337,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,781
Avg. Annual Appreciation
6.59%

Purchase Details

Listed on
Nov 29, 2018
Closed on
Nov 19, 2018
Sold by
Yaeger Shirley A
Bought by
Jackson Thaddeus
Seller's Agent
Amy Jackson
Coldwell Banker Professionals-E.L.
Buyer's Agent
Amy Jackson
Coldwell Banker Professionals-E.L.
List Price
$218,000
Sold Price
$218,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$214,051
Interest Rate
5.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Wlater Pons Llc $256,000 Tri County Title Agency Llc
Jackson Thaddeus $218,000 Tri County Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Thaddeus $214,051
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $265,000 -5.4% $107 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $280,000 +28.4% $113 / Sq Ft
11/26/2018 11/26/18 Sold $218,000 0.0% $88 / Sq Ft
11/26/2018 11/26/18 For Sale $218,000 -- $88 / 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
2025 $7,387 $144,300 $0 $0
2024 $4,187 $132,500 $0 $0
2023 $3,988 $123,800 $0 $0
2022 $6,484 $110,900 $0 $0
2021 $4,224 $95,500 $0 $0
2020 $4,241 $91,600 $0 $0
2019 $4,199 $174,505 $0 $0
2018 $3,989 $70,200 $0 $0
2017 $3,913 $70,200 $0 $0
2016 -- $68,000 $0 $0
2015 -- $68,000 $0 $0
2014 -- $65,200 $0 $0
2013 -- $67,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 256044

Greater Lansing Association of Realtors®

APN: 040-064-100-030-00