NOT LISTED FOR SALE

Estimated Value: $186,000 - $204,000

Studio
-- Bath
1,888 Sq Ft
$102/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2020

Last sale price $145,000 $77 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,519 / mo

73 Days on Market

About This Home

As of November 2020

Beautiful duplex fully renovated in 2016 in Old Town within walking distance to the many restaurants, art galleries and shops. Perfect for an owner-occupy or investor. This high-end renovation included all new electrical and plumbing systems, hardwired smoke detectors, new mechanicals, quartz counter tops, ceramic floors, bathrooms, fixtures and refinished hardwood flooring throughout. Both units have their own private entrance. Tenants pay all utilities and trash service. Please note square footage for units is approx. One of the sellers is a licensed real estate agent in the State of Michigan.

Last Agent to Sell the Property

Theresa MacNicol

Coldwell Banker Realty-Holt License #6501375800 Listed on: 09/03/2020

Last Buyer's Agent

Bill Burke

Coldwell Banker Professionals-E.L. License #6501416560

Coldwell Banker Professionals-E.L.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1860

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 66x165

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,888 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Basement

  • Walk-Out Basement
  • Michigan Basement

Parking

  • 4 Parking Spaces
  • No Garage
  • Dirt Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $22,800

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,065
  • Maintenance Expense $855
  • Manager Expense $2,160
  • New Taxes Expense $3,005

Property Details

Home Type

Multi-Family

Year Built

Built in 1860

Lot Details

0.25 Acres

Listing Details

  • Property Type: Resid/Multi-Family
  • Year Built: 1860
  • Above Grade Finished Sq Ft: 1888.0
  • General Property Info:Lot Size Dimensions: 66x165
  • General Property Info:Above Grade Finished Area: 1888.0
  • General Property Info:ECO Friendly Features: No
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan, Walk-Out Access
  • Heating: Forced Air, Propane
  • Levels: Two
  • Basement:Michigan: Yes
  • Levels:Two2: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Vinyl Siding
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes

Garage/Parking

  • Parking Features: Dirt, No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • Parking Features:Dirt3: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Sewer:Public Sewer: Yes
  • Security Features:Smoke Detector(s): Yes
  • Heating:Propane: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size: 66x165
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • Land Acreage:Up to 14 Acre: Yes

Rental Info

  • Unit Information:_pound_ Deposits: 1

Multi Family

  • Unit Information License Register Exp: 2022-08-08

Tax Info

  • Tax Carrier Route: 4407
  • Tax Info:Taxable Value: 36441.0
  • Tax Info:State Eq Value: 51700.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Bought by
Current Estimated Value
$193,503

Purchase Details

Closed on
Jul 23, 2021
Sold by
Bought by

Purchase Details

Listed on
Sep 3, 2020
Closed on
Nov 30, 2020
Sold by
Bought by
Seller's Agent
Theresa MacNicol
Coldwell Banker Realty-Holt
Buyer's Agent
Bill Burke
Coldwell Banker Professionals-E.L.
List Price
$169,900
Sold Price
$145,000
Premium/Discount to List
-$24,900
-14.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$116,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.71%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 5, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 16, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 9, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,750
Interest Rate
10.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 3, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,550
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,550
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$188,000 None Listed On Document
-- None Available
$145,000 Tri County Title Agency Llc
-- None Available
-- None Available
$98,303 None Available
-- None Available
$45,000 Fatic
$110,000 Midstate
-- Chicago Title
$49,500 Chicago Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $116,000
Previous Owner $72,000
Previous Owner $42,750
Previous Owner $88,000
Previous Owner $44,550
Closed $16,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2020 11/30/20 Sold $145,000 -14.7% $77 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $169,900 0.0% $90 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $169,900 +929.7% $90 / Sq Ft
07/24/2012 07/24/12 Sold $16,500 +2.8% $9 / Sq Ft View Prior Sale
07/17/2012 07/17/12 Pending -- -- --
06/28/2012 06/28/12 For Sale $16,050 -- $9 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,754 $96,500 $9,000 $87,500
2024 $46 $77,100 $9,000 $68,100
2023 $5,227 $69,400 $9,000 $60,400
2022 $4,773 $61,200 $8,100 $53,100
2021 $4,663 $57,600 $11,300 $46,300
2020 $3,128 $51,700 $11,300 $40,400
2019 $2,945 $43,800 $11,300 $32,500
2018 $2,796 $37,700 $11,300 $26,400
2017 $2,689 $37,700 $11,300 $26,400
2016 $2,283 $36,300 $11,300 $25,000
2015 $2,283 $33,800 $22,678 $11,122
2014 $2,283 $33,300 $22,678 $10,622
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 247935

Greater Lansing Association of Realtors®

APN: 01-01-09-278-051

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