$158,170
SOLD SEP 2, 2016

1245 Weber Dr Lansing, MI 48912

Groesbeck Neighborhood
-- Bed
-- Bath
2,870 Sq Ft
0.32 Acres

Recently Sold

$55 Per Sq Ft

33% Below List Price

659 Days on Market

About This Home

As of November 2020

Very unique and versatile property in a great area (Groesbeck) on the eastside, close to MSU and Eastwood mall. Can be use four ways: 1. A sprawling single family home with 8 bedrooms, 4 baths and kitchens; 2. Separated out as 4 independent units; 3. As a duplex, each with 4 bedrooms and 2 baths; 4. As a ranch house with 4 bedrooms, finished basement and two 2-bedroom guest apartments next door. Extended families wanting to live close by or grown children moving back homeor spouses wishing to have their own space, be it a workshop or art studio, all can have their wish come true. You will not be paying any more than the mean or median for a single family home in the U.S. A definite must see for those who value such versatility. Low exterior maintenance (brick and vinyl). Last fully rented for $3400/mo. Also listed as residential, see MLS 62665

Last Agent to Sell the Property

Vivian Go

A. Hoffman Realty License #6504414905 Listed on: 08/19/2014

Last Buyer's Agent

Aaron Fox

Century 21 Affiliated License #6506039678

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • Fenced

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,870 Sq Ft Home
  • 1.5-Story Property

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Tax Year: 14
  • Total Disposals: 2
  • Total Dryers: 1
  • Total Microwaves: 4
  • Total Ovens: 4
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Levels: One and One Half
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 2870.0
  • General Property Info:Above Grade Finished Area: 2870.0
  • Sewer:Public Sewer: Yes
  • Levels:One and One Half: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Exterior:Brick: Yes
  • Fencing:Fenced: Yes
  • Tax Info:Taxes2: 4566.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:_pound_ of Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished, Walk-Out Access
  • Heating: Hot Water, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes
  • Basement:Partially Finished: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Fencing: Fenced
  • Construction Type: Vinyl Siding, Brick

Garage/Parking

  • General Property Info:Parking Total: 6 plus

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Schools

  • Junior High Dist: Lansing

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Nov 25, 2020
Sold by
Fox Aaron
Bought by
Hamilton Thalia M
Seller's Agent
Aaron Fox
Century 21 Affiliated
Buyer's Agent
Brian Kasper
Century 21 Affiliated
List Price
$260,000
Sold Price
$270,000
Premium/Discount to List
$10,000
3.85%
Current Estimated Value
$294,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,919
Avg. Annual Appreciation
1.39%
Original Mortgage
$253,357
Outstanding Balance
$228,517
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$59,494

Purchase Details

Listed on
Aug 19, 2014
Closed on
Sep 9, 2016
Sold by
Tan Yip H
Bought by
Fox Aaron
Seller's Agent
Vivian Go
A. Hoffman Realty
Buyer's Agent
Aaron Fox
Century 21 Affiliated
List Price
$235,000
Sold Price
$158,170
Premium/Discount to List
-$76,830
-32.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.48%
Original Mortgage
$189,751
Interest Rate
3.45%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2004
Sold by
Bowden James and Bowden Martha L
Bought by
Tan Yip H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $270,000 None Available
Warranty Deed $158,170 None Available
Warranty Deed $205,000 Mid
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $253,357 FHA
Previous Owner $189,751 FHA
Previous Owner $131,500 New Conventional
Previous Owner $153,750 Purchase Money Mortgage
Previous Owner $98,950 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $270,000 +3.8% $79 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $260,000 +64.4% $76 / Sq Ft
09/02/2016 09/02/16 Sold $158,170 -32.7% $55 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
08/19/2014 08/19/14 For Sale $235,000 -- $82 / 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 $30 $118,700 $26,700 $92,000
2023 $6,190 $123,200 $28,900 $94,300
2022 $5,914 $105,400 $29,400 $76,000
2021 $5,800 $90,000 $24,100 $65,900
2020 $2,379 $81,300 $24,100 $57,200
2019 $4,747 $78,100 $18,000 $60,100
2018 $4,546 $76,800 $14,500 $62,300
2017 $4,458 $76,800 $14,500 $62,300
2016 -- $84,900 $13,800 $71,100
2015 -- $83,600 $27,663 $55,937
2014 -- $72,000 $26,741 $45,259
Source: Public Records

Agents Affiliated with this Home

  • Aaron Fox

    Seller's Agent in 2020

    Aaron Fox

    Century 21 Affiliated

    (517) 404-0050

    1 in this area

    92 Total Sales

    Section Image
  • Brian Kasper

    Buyer's Agent in 2020

    Brian Kasper

    Century 21 Affiliated

    (517) 980-7288

    3 in this area

    346 Total Sales

    Section Image

  • V

    Seller's Agent in 2016

    Vivian Go

    A. Hoffman Realty

    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 62666

Greater Lansing Association of Realtors®

APN: 21-01-11-326-011

Michigan Ingham County Lansing 48912 Groesbeck

1245 Weber Dr, Lansing, MI

This home is located at 1245 Weber Dr, Lansing, MI 48912 and is currently priced at $158,170, approximately $55 per square foot. This property was built in 1954. 1245 Weber Dr is a home located in Ingham County with nearby schools including Pattengill Academy, Willow School, and Eastern Lansing High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lansing Association of Realtors® IDX information is provided exclusively for Consumers'
personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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