NOT LISTED FOR SALE

1223 N Capitol Ave Unit 1 Lansing, MI 48906

Old Town Neighborhood

Estimated Value: $209,000 - $311,000

-- Bed
1 Bath
2,592 Sq Ft
$100/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $249,000 $96 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,447/month

21 Days on Market

Highlights

  • Front Porch
  • High Speed Internet
  • 5-minute walk to Turner Mini Park
  • Forced Air Heating System
  • Back and Front Yard Fenced

About This Home

As of January 2024

Welcome to this completely updated duplex featuring 6 bedrooms and 4 bathrooms, situated near Old Town, LCC, Reo Town, and Downtown Lansing! Whether you're in search of an impressive residence for yourself or a lucrative investment opportunity, this property is a great choice. The second unit is currently vacant and ready for your immediate occupancy. Upon entering both units, you'll immediately appreciate the pleasing aesthetics in the common areas and bedrooms, enhanced by stylish laminate floors throughout. The upper-level primary suite is generously sized and includes a glass sliding door, adding to the overall appeal. Don't miss out on an opportunity to make this fantastic property your own!

Last Listed By

Oddie Sira

Berkshire Hathaway HomeServices License #6501431015 Listed on: 12/06/2023

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,964

Year Built

  • Built in 1897

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66x165
  • Back and Front Yard Fenced

Home Design

  • Stone Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,592 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Michigan Basement
  • Laundry in Bathroom

Parking

  • 3 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Front Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • 220 Volts For Spa
  • 150 Amp Service
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,964

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Tax Year: 2023
  • Registered Licenses for Unrelated Occupants: NOT REGISTERED
  • Levels: Two
  • Year Built: 1897
  • Lot Size Acres: 0.25
  • Lot Size: 66x165
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2592.0
  • General Property Info:Lot Size Dimensions: 66x165
  • General Property Info:Above Grade Finished Area: 2592.0
  • Levels:Two2: Yes
  • Flooring:Laminate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Fencing:Back Yard: Yes
  • Exterior:Vinyl Siding: Yes
  • Electric:_one_50 Amp Service: Yes
  • Cooling:None8: Yes
  • Fencing:Front Yard: Yes
  • Tax Info:Taxes2: 3964.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 2 UNIT HOME
  • General Property Info:_pound_ of Units: 2
  • Foundation Details:Stone4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan
  • Heating: Forced Air
  • Flooring: Laminate
  • Property Type: Resid/Multi-Family
  • Basement:Michigan: Yes
  • Laundry Features:In Bathroom: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Front Yard
  • Foundation Details: Stone
  • Lot Features: Back Yard, Front Yard
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Front Porch
  • Construction Type: Vinyl Siding
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Patio Porch Features:Front Porch: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • Parking Features: Driveway, No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • Parking Features:Driveway: Yes
  • General Property Info:Parking Total: 3

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Cooling: None
  • Electric: 150 Amp Service
  • LaundryFeatures: In Bathroom
  • Utilities: High Speed Internet Available, Cable Available
  • 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: 10890.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Carrier Route: 4802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Jan 18, 2024
Sold by
Frisk Brandon
Bought by
Cousineau Jay Austin
Seller's Agent
Oddie Sira
Berkshire Hathaway HomeServices
Buyer's Agent
John Hagerty, Jr.
Five Star Real Estate - Lansing
List Price
$249,900
Sold Price
$249,000
Premium/Discount to List
-$900
-0.36%
Total Days on Market
21
Views
25
Current Estimated Value
$259,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,067
Avg. Annual Appreciation
3.14%
Original Mortgage
$186,750
Outstanding Balance
$184,835
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$74,232

Purchase Details

Closed on
Jul 1, 2020
Sold by
Yoon Sook Hee
Bought by
Frisk Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 5, 2012
Closed on
May 2, 2012
Sold by
County Treasurer
Bought by
Tri County Title Agency
Seller's Agent
Denny Moore
Coldwell Banker Professionals-Delta
Buyer's Agent
Peter MacIntyre
RE/MAX Real Estate Professionals
List Price
$65,000
Sold Price
$47,000
Premium/Discount to List
-$18,000
-27.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.94%

Purchase Details

Listed on
Jan 5, 2012
Closed on
Apr 3, 2012
Sold by
Pure Performance Group Of New Jersey Ind
Bought by
Yoon Sook Hee
Seller's Agent
Denny Moore
Coldwell Banker Professionals-Delta
Buyer's Agent
Peter MacIntyre
RE/MAX Real Estate Professionals
List Price
$65,000
Sold Price
$47,000
Premium/Discount to List
-$18,000
-27.69%

Purchase Details

Closed on
Oct 30, 2009
Sold by
Green Keon
Bought by
Pure Performance Group Of New Jersey Inc and The Loan Center

Purchase Details

Closed on
Jun 26, 2007
Sold by
Novastar Mortgage Inc
Bought by
Green Keon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.72%

Purchase Details

Closed on
Nov 16, 2006
Sold by
Vandeusen Amy
Bought by
Novastar Mortgage Inc

Purchase Details

Closed on
Jun 12, 2006
Sold by
Lc Source Llc
Bought by
Cooks Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
9.4%

Purchase Details

Closed on
Jun 9, 2006
Sold by
Cooks Corey
Bought by
Vandeusen Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
9.4%

Purchase Details

Closed on
Jan 27, 2006
Sold by
Lc Source Llc
Bought by
Cooks Corey

Purchase Details

Closed on
Oct 30, 2003
Sold by
Redman Cynthia J
Bought by
Holberg Robert

Purchase Details

Closed on
Feb 27, 2003
Sold by
Holberg Robert H and Holberg Donna J
Bought by
L C Source Llc

Purchase Details

Closed on
Dec 5, 1997
Bought by
Holberg Robert

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
Cousineau Jay Austin $249,000 None Listed On Document
Frisk Brandon $205,000 Transnation Title Agency
Tri County Title Agency $4,468 None Available
Yoon Sook Hee $47,000 Tri County Title Agency Llc
Pure Performance Group Of New Jersey Inc -- Midstate
Green Keon $6,500 Fidelity Land Title Agency O
Novastar Mortgage Inc $118,696 None Available
Cooks Corey $49,900 Devon Title
Vandeusen Amy $150,000 Devon Title
Cooks Corey -- Devon Title
Cooks Corey -- None Available
Holberg Robert -- --
L C Source Llc -- --
Holberg Robert $15,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cousineau Jay Austin $186,750
Previous Owner Frisk Brandon $201,286
Previous Owner Green Keon $75,000
Previous Owner Green Keon $23,000
Previous Owner Vandeusen Amy $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $249,000 -0.4% $96 / Sq Ft
12/27/2023 12/27/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $249,900 +431.7% $96 / Sq Ft
04/06/2012 04/06/12 Sold $47,000 -27.7% $18 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $65,000 -- $25 / 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 $35 $78,800 $6,600 $72,200
2023 $3,993 $64,100 $6,600 $57,500
2022 $3,622 $56,600 $7,400 $49,200
2021 $3,541 $50,300 $8,300 $42,000
2020 $2,685 $45,600 $8,300 $37,300
2019 $2,586 $43,800 $8,300 $35,500
2018 $2,439 $38,000 $8,300 $29,700
2017 $2,342 $38,000 $8,300 $29,700
2016 $4,145 $37,400 $8,300 $29,100
2015 $4,145 $36,300 $16,500 $19,800
2014 $4,145 $34,200 $18,250 $15,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 277652

Greater Lansing Association of Realtors®

APN: 01-01-09-327-131