Seller's Agent in 2022
Jeffrey Kelley
RE/MAX Michigan
(517) 999-2675
2 in this area
50 Total Sales
125 W Barnes Ave Lansing, MI 48910
Moores Park NeighborhoodEstimated Value: $183,000 - $243,000
--
Bed
4
Baths
2,752
Sq Ft
$75/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Front Porch
- Forced Air Heating System
- Corner Lot
- Double Pane Windows
- 4-minute walk to Barb Dean Tot Lot
About This Home
As of May 2022Check out this amazing investment opportunity close to Reo Town, Downtown, LCC and the Capitol. A two unit completely redone in 2008 including roof, windows, siding, mechanicals and electrical as well as both interiors remodeled. All utilities are separated including water, which is a rarity, and paid for by the tenants. Both sides are rented with solid long term renters. 24 hour notice is needed and only the 127 side will be available to show and the tenants will be present. Don't miss out on this near new money maker!
Last Agent to Sell the Property
RE/MAX Real Estate Professionals License #6501377659 Listed on: 09/24/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,787
Year Built
- Built in 1910
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 55x107.25
- Corner Lot
Home Design
- Traditional Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,752 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Fire and Smoke Detector
Flooring
- Carpet
- Laminate
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- 4 Car Garage
- No Garage
- Basement Garage
- Alley Access
- Gravel Driveway
Outdoor Features
- Front Porch
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- 100 Amp Service
- Electric Water Heater
- High Speed Internet
- Cable TV Not Available
Listing and Financial Details
- Total Actual Rent $18,000
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $645
- Maintenance Expense $3,500
- New Taxes Expense $3,075
- Net Operating Income $10,780
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2021
Closed on
Jun 1, 2022
Sold by
Tonya Williams
Bought by
Home State Properties Llc
Seller's Agent
Jeffrey Kelley
RE/MAX Real Estate Professionals
Buyer's Agent
Amara Haynes
Century 21 Affiliated
List Price
$179,900
Sold Price
$153,900
Premium/Discount to List
-$26,000
-14.45%
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
$53,233
Avg. Annual Appreciation
9.54%
Original Mortgage
$146,205
Interest Rate
4.42%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 24, 2021
Closed on
Apr 28, 2022
Sold by
Wilson And Brown Properties Llc
Bought by
Williams Tonya
Seller's Agent
Jeffrey Kelley
RE/MAX Real Estate Professionals
Buyer's Agent
Amara Haynes
Century 21 Affiliated
List Price
$179,900
Sold Price
$153,900
Premium/Discount to List
-$26,000
-14.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,205
Interest Rate
4.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 9, 2007
Sold by
Wells Fargo Bank Na
Bought by
Wilson & Brown Properties Llc
Purchase Details
Closed on
Mar 6, 2007
Sold by
Option One Mortgage Corp
Bought by
Wells Fargo Bank Na and Option One Mortgage Loan Trust 2002-A As
Purchase Details
Closed on
Oct 24, 2006
Sold by
Option One Mortgage Corp
Bought by
Wells Fargo Bank Na and Option One Mortgage Loan Trust 2002-A As
Purchase Details
Closed on
Oct 19, 2006
Sold by
Goodman Mark R
Bought by
Option One Mortgage Corp
Purchase Details
Closed on
Nov 17, 2005
Sold by
Goodman Mark R and West Barbara A
Bought by
Goodman Mark R
Purchase Details
Closed on
Feb 9, 2000
Sold by
Freed Robert J and Freed Lois A
Bought by
Goodman Mark R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,100
Interest Rate
8.21%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 1, 1992
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Home State Properties Llc | -- | None Listed On Document | |
| Williams Tonya | $153,900 | None Listed On Document | |
| Wilson & Brown Properties Llc | $39,900 | Fatic | |
| Wells Fargo Bank Na | -- | Fatic | |
| Wells Fargo Bank Na | -- | None Available | |
| Option One Mortgage Corp | $85,833 | None Available | |
| Goodman Mark R | -- | None Available | |
| Goodman Mark R | -- | None Available | |
| Goodman Mark R | $79,000 | -- | |
| -- | $72,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Williams Tonya | $146,205 | |
| Previous Owner | City Of Lansing | $7,680 | |
| Previous Owner | Wilson & Brown Properties Llc | $104,000 | |
| Previous Owner | Goodman Mark R | $81,000 | |
| Previous Owner | Goodman Mark R | $71,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/04/2022 05/04/22 | Sold | $153,900 | -6.7% | $56 / Sq Ft |
| 03/03/2022 03/03/22 | Price Changed | $164,900 | -2.9% | $60 / Sq Ft |
| 01/20/2022 01/20/22 | Price Changed | $169,900 | -2.9% | $62 / Sq Ft |
| 12/06/2021 12/06/21 | Price Changed | $174,900 | -2.8% | $64 / Sq Ft |
| 09/22/2021 09/22/21 | For Sale | $179,900 | -- | $65 / Sq Ft |
Source: Greater Lansing 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 | $60 | $93,900 | $5,500 | $88,400 |
| 2023 | $6,737 | $81,400 | $5,500 | $75,900 |
| 2022 | $3,905 | $59,700 | $7,800 | $51,900 |
| 2021 | $3,815 | $54,600 | $5,900 | $48,700 |
| 2020 | $3,787 | $52,800 | $5,900 | $46,900 |
| 2019 | $3,656 | $48,000 | $5,900 | $42,100 |
| 2018 | $3,470 | $45,400 | $5,900 | $39,500 |
| 2017 | $3,338 | $45,400 | $5,900 | $39,500 |
| 2016 | $3,239 | $44,600 | $5,900 | $38,700 |
| 2015 | $3,239 | $42,600 | $11,765 | $30,835 |
| 2014 | $3,239 | $42,400 | $6,863 | $35,537 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2022
Peter MacIntyre
RE/MAX Michigan
(517) 256-6664
10 in this area
494 Total Sales
-
Buyer's Agent in 2022
Amara Haynes
Century 21 Affiliated
(517) 803-0980
1 in this area
13 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 259925
APN: 01-01-21-381-001
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.
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.
Copyright © 2025 Greater Lansing Association of REALTORS®
Nearby Homes
- 1601 Coleman Ave
- 147 Isbell St
- 408 W Barnes Ave
- 1809 Maplewood Ave
- 1928 Teel Ave
- 1731 Herbert St
- 1836 Osband Ave
- 523 Woodrow Ave
- 506 Christiancy St
- 517 Jason Ct
- 1620 Linval St
- 1716 S Rundle Ave
- 120 E Elm St
- 1836 S Rundle Ave
- 2324 Maplewood Ave
- 580 E Mount Hope Ave
- 607 E Mount Hope Ave
- 1835 Delevan Ave
- 1029 Clear St
- 1618 Lyons Ave
- 121 W Barnes Ave
- 1711 Coleman Ave
- 1713 Coleman Ave
- 201 W Barnes Ave
- 127 W Barnes Ave
- 1715 Coleman Ave
- 205 W Barnes Ave
- 1721 Coleman Ave
- 207 W Barnes Ave
- 0 Coleman Ave
- 120 Smith Ave
- 126 W Barnes Ave
- 1716 Coleman Ave
- 1725 Coleman Ave
- 118 Smith Ave
- 211 W Barnes Ave
- 118 W Barnes Ave Unit A
- 118 W Barnes Ave