NOT LISTED FOR SALE

Estimated Value: $212,000 - $288,000

-- Bed
-- Bath
2,895 Sq Ft
$87/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $180,000 $62 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,592/month

Highlights

  • 0.66 Acre Lot
  • Covered Patio or Porch
  • Outdoor Storage
  • Property is near public transit
  • Bungalow
  • Forced Air Heating System

About This Home

As of August 2021

Ready to own an income property? This one is it. 4 units here already divided with private entrances, separate utilities, community laundry space and storage in the basement. 2 are 2 beds and 2 are 1 bed, all have 1 bath each. Nice large rooms, ample parking close to downtown and convenient to highways so you can move about the town easily. Many homes in the surrounding area have recently been renovated. Seller owns several rentals and has been using this unit for storage the past 2 years. Will be cleared of all belongings prior to closing. Come take a look.

Last Agent to Sell the Property

Laura Bramson

Keller Williams Realty Lansing License #6501389532 Listed on: 06/03/2021

Keller Williams Realty Lansing

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 89x165
  • Chain Link Fence
  • Level Lot
  • Few Trees
  • Back Yard Fenced and Front Yard

Home Design

  • Bungalow
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,895 Sq Ft Home
  • 3-Story Property
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Basement

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

Parking

  • 10 Parking Spaces
  • No Garage
  • Parking Pad
  • Private Parking
  • Common or Shared Parking
  • Driveway
  • Additional Parking
  • On-Street Parking
  • Outside Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near public transit
  • City Lot

Utilities

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

Listing and Financial Details

  • Total Actual Rent $2,500

Community Details

Overview

  • 4 Units
  • Frenchs Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Gross Rent: 2500.0
  • Misc Business Info Roof Type: Shingle
  • Tax Year: 2021
  • Levels: Three or More
  • Year Built: 1919
  • Lot Size Acres: 0.66
  • Lot Size: 89x165
  • Subdivision Name: Frenchs
  • Above Grade Finished Sq Ft: 2895.0
  • Architectural Style: Bungalow
  • General Property Info:Lot Size Dimensions: 89x165
  • General Property Info:Above Grade Finished Area: 2895.0
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:In Basement: Yes
  • Flooring:Carpet: Yes
  • Foundation Details:Block4: 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
  • Exterior:Vinyl Siding: Yes
  • Other Equipment:Satellite Dish: Yes
  • Architectural Style:Bungalow: Yes
  • Flooring:Vinyl2: Yes
  • Laundry Features:Lower Level: Yes
  • Cooling:None8: Yes
  • Levels:Three or More: Yes
  • Laundry Features:Common Area: Yes
  • Utilities:High Speed Internet Connected: Yes
  • Flooring:Linoleum: Yes
  • Tax Info:Taxes2: 6310.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 4 separate Apartments
  • General Property Info:_pound_ of Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete, Full, Shared
  • Heating: Forced Air, Natural Gas
  • Flooring: Carpet, Linoleum, Vinyl
  • Property Type: Resid/Multi-Family
  • Other Equipment: Satellite Dish
  • Full Basement: Yes
  • Basement:Concrete2: Yes
  • Basement:Shared: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Private Yard, Rain Gutters, Storage
  • Fencing: Back Yard, Chain Link
  • Foundation Details: Block
  • Lot Features: Back Yard, City Lot, Few Trees, Front Yard, Level, Near Public Transit, Private
  • RoadFrontageType: City Street
  • RoadSurfaceType: Concrete
  • Patio And Porch Features: Covered, Front Porch
  • Construction Type: Vinyl Siding
  • Lot Features:Back Yard2: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Front Yard2: Yes
  • Lot Features:Near Public Transit: Yes
  • Exterior Features:Storage3: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Front Porch: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Private2: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Private Yard: Yes

Garage/Parking

  • Parking Features: Additional Parking, Common, Concrete Driveway, Driveway, No Garage, Off Street, On Site, On Street, Outside, Oversized, Parking Pad, Private
  • Attached Garage: No
  • Parking Features:On Site: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:Private6: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Concrete Driveway: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Parking Pad: Yes
  • Parking Features:Common: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:On Street: Yes
  • General Property Info:Parking Total: 10
  • Parking Features:Outside2: Yes
  • Parking Features:Oversized: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: Common Area, Electric Dryer Hookup, In Basement, Lower Level
  • Utilities: High Speed Internet Connected, 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: 28749.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2023
Sold by
Hammond Scott
Bought by
Tbm Real Estate Llc
Current Estimated Value
$252,678

Purchase Details

Listed on
Jun 3, 2021
Closed on
Aug 25, 2021
Sold by
Vangilder Robert B
Bought by
Hammond Scott
Seller's Agent
Laura Bramson
Keller Williams Realty Lansing
Buyer's Agent
Non Member
Non Member Office
List Price
$210,000
Sold Price
$180,000
Premium/Discount to List
-$30,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%

Purchase Details

Closed on
Sep 11, 2008
Sold by
Lane Julie A and Zweiback Damita J
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Feb 20, 2006
Sold by
Lane Julie A and Zwieback Damita J
Bought by
Henry Harley Properties Llc

Purchase Details

Closed on
Jun 22, 2005
Sold by
Greater Lansing Housing Coalition
Bought by
Lane Julie A and Zweiback Damita J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.75%
Mortgage Type
Stand Alone Second
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
Tbm Real Estate Llc -- --
Hammond Scott $180,000 None Available
Aurora Loan Services Llc $127,600 None Available
Henry Harley Properties Llc -- None Available
Lane Julie A $175,000 Midstate
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lane Julie A $35,000
Previous Owner Lane Julie A $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $180,000 -14.3% $62 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $210,000 -- $73 / 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 $8,569 $107,500 $9,100 $98,400
2024 $70 $99,800 $9,100 $90,700
2023 $7,230 $89,800 $9,100 $80,700
2022 $6,612 $80,500 $9,500 $71,000
2021 $5,408 $71,600 $11,400 $60,200
2020 $6,306 $66,100 $11,400 $54,700
2019 $5,023 $65,600 $11,400 $54,200
2018 $4,773 $61,800 $11,400 $50,400
2017 $4,589 $61,800 $11,400 $50,400
2016 $8,039 $60,700 $11,400 $49,300
2015 $8,039 $58,500 $22,810 $35,690
2014 $8,039 $56,000 $18,750 $37,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 256091

Greater Lansing Association of Realtors®

APN: 01-01-17-258-062