NOT LISTED FOR SALE

Estimated Value: $169,000 - $239,000

-- Bed
1 Bath
2,395 Sq Ft
$89/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $199,000 $83 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,370/month

30 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • Wood Siding

About This Home

As of August 2021

Property Id: 1288970

Only a $150 Security Deposit

Section 8 Allowed. If your paying with a voucher, send what organization your voucher is with in your opening message.

Discover comfortable and convenient living in Lansing, Michigan! This fantastic 2-bedroom apartment is perfectly situated just across the street from Sparrow Hospital.

? Apartment Details:
- 2 generously sized bedrooms.
- Bright and inviting living area.
- Well-appointed kitchen with modern appliances.
- First-floor location for easy access.

Pricing:
- Monthly Rent: $997
- Security Deposit: $150 (refundable)


Apartment Highlights:
- Quiet and well-maintained community.
- Off-street parking available.
- Pets will be evaluated on a case by case basis (subject to pet policy).

Availability:
This apartment won't be available for long! Move-in ready and waiting for you.

Contact:
Seize this opportunity today! For more information or to schedule a viewing, please text [] or email [].

Last Agent to Sell the Property

Joseph Vitale

Century 21 Affiliated License #6506045566 Listed on: 05/20/2021

Century 21 Affiliated

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,889

Year Built

  • Built in 1905

Lot Details

  • 3,877 Sq Ft Lot
  • Lot Dimensions are 44x88

Home Design

  • Shingle Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 2,395 Sq Ft Home
  • 2.5-Story Property
  • Laundry in unit

Basement

  • Basement Fills Entire Space Under The House
  • Basement Hatchway
  • Shared Basement

Parking

  • 5 Parking Spaces
  • Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $31,380

Community Details

Overview

  • 4 Units
  • Green Oak Subdivision

Building Details

  • Other Expense $850
  • New Taxes Expense $2,890
  • Operating Expense $3,740
  • Net Operating Income $27,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,889

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Gross Rent: 31380.0
  • Miscellaneous: 850.0
  • Net Income: 27640.0
  • Total Expense: 3740.0
  • Misc Business Info Parking Surface: blacktop
  • Misc Business Info Roof Type: asphalt shingle
  • Tax Year: 2020
  • Registered Licenses for Unrelated Occupants: 1
  • Misc Business Info Overall Building Siz: 2395
  • Levels: Two, Two and One Half
  • Year Built: 1905
  • Lot Size Acres: 0.09
  • Lot Size: 44x88
  • Subdivision Name: Green Oak
  • Above Grade Finished Sq Ft: 2395.0
  • General Property Info:Lot Size Dimensions: 44x88
  • General Property Info:Above Grade Finished Area: 2395.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:Window Unit(s): Yes
  • Roof:Shingle: Yes
  • Exterior:Wood Siding: Yes
  • Levels:Two and One Half: Yes
  • Tax Info:Taxes2: 2889.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 4 Plex
  • General Property Info:_pound_ of Units: 4
  • Annual Inc Expense:Tax Expense2: 2890.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Bilco Door, Full, Shared
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes
  • Basement:Bilco Door: Yes
  • Laundry Features:In Unit: Yes
  • Basement:Shared: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Aluminum Siding, Wood Siding

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Misc Business Info:_pound_ Parking: 5
  • General Property Info:Parking Total: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • LaundryFeatures: In Unit
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 3876.84
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Aug 6, 2021
Sold by
Reduer Boyd H
Bought by
Rhodes Robert
Seller's Agent
Joseph Vitale
Century 21 Affiliated
Buyer's Agent
Non Member
Non Member Office
List Price
$229,000
Sold Price
$199,000
Premium/Discount to List
-$30,000
-13.1%
Current Estimated Value
$213,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,844
Avg. Annual Appreciation
1.77%
Original Mortgage
$195,395
Outstanding Balance
$178,058
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$35,786

Purchase Details

Closed on
Jul 7, 2011
Sold by
Bell Janice and Fitzgerald Richard L
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 15, 2006
Sold by
Green Oaks Ltd Housing Assn Lp
Bought by
Bell Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,400
Interest Rate
4.5%
Mortgage Type
Unknown
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
Rhodes Robert $199,000 None Available
Deutsche Bank National Trust Company $63,616 None Available
Bell Janice $77,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhodes Robert $195,395
Previous Owner Redner Boyd H $80,000
Previous Owner Bell Janice $15,400
Previous Owner Bell Janice $61,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $1,100 -- --
09/09/2024 09/09/24 For Rent $1,100 0.0% --
08/06/2021 08/06/21 Sold $199,000 -6.1% $83 / Sq Ft
06/10/2021 06/10/21 Price Changed $212,000 -3.6% $89 / Sq Ft
05/20/2021 05/20/21 Price Changed $219,900 -4.0% $92 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $229,000 -- $96 / 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 $7,208 $79,500 $3,400 $76,100
2024 $55 $68,700 $3,400 $65,300
2023 $7,752 $55,400 $3,400 $52,000
2022 $4,095 $48,600 $2,800 $45,800
2021 $2,889 $42,700 $3,400 $39,300
2020 $2,865 $38,200 $3,400 $34,800
2019 $3,466 $36,500 $3,400 $33,100
2018 $2,624 $30,100 $3,400 $26,700
2017 $2,518 $30,100 $3,400 $26,700
2016 $2,464 $29,600 $3,400 $26,200
2015 $2,464 $28,800 $6,782 $22,018
2014 $2,464 $29,000 $7,159 $21,841
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 254345

Greater Lansing Association of Realtors®

APN: 01-01-15-303-091