NOT LISTED FOR SALE

Estimated Value: $112,000 - $144,000

-- Bed
-- Bath
-- Sq Ft
4,704 Sq Ft Lot

Last Sold October 18, 2022

Last sale price $115,000

Est. 14% increase in value since last sale

Current estimated payment $839/month

About This Home

As of October 2022

This home is located at 131 S 8th St, Lansing, MI 48912 since 18 October 2022 and is currently estimated at $130,929. This property was built in 1885. 131 S 8th St is a home located in Ingham County with nearby schools including Pattengill Academy, Riddle Elementary School, and Eastern Lansing High School.

Last Agent to Sell the Property

Drew Denham

Key Realty Listed on: 10/18/2022

Last Buyer's Agent

Drew Denham

Keller Williams GR North (Main) License #6506047679

Keller Williams GR North (Main)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,594

Year Built

  • Built in 1885

Lot Details

  • 4,704

Parking

  • 4 Parking Spaces

Home Design

  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Additional Features

  • Michigan Basement
  • 4,704 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,594

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 115000.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4704.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2594.45
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Oct 18, 2022
Sold by
Palmiter Management Llc
Bought by
Corrion Alex and Keit-Corrion Meghann
Seller's Agent
Drew Denham
Key Realty
Buyer's Agent
Drew Denham
Keller Williams GR North (Main)
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$130,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,929
Avg. Annual Appreciation
4.99%
Original Mortgage
$86,250
Outstanding Balance
$83,014
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$49,421

Purchase Details

Closed on
Oct 13, 2009
Sold by
Palmiter Katherine
Bought by
Palmiter Management Llc

Purchase Details

Closed on
Aug 20, 2008
Sold by
Wells Fargo Bank Na
Bought by
Us Bank Na and Jp Morgan Mortgage Acquisition Trust 200

Purchase Details

Closed on
Aug 14, 2008
Sold by
Cotton Loretta J
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 24, 2004
Sold by
Bannasch Investments Inc
Bought by
Cotton Loretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 1996
Sold by
Bannasch Harry J and Bannasch Elaine M
Bought by
Cotton Loretta
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Corrion Alex $115,000 Diversified National Title
Palmiter Management Llc -- None Available
Us Bank Na -- None Available
Wells Fargo Bank Na $62,910 None Available
Cotton Loretta $62,900 Transnation
Cotton Loretta $62,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corrion Alex $86,250
Previous Owner Palmiter Management Llc $53,250
Previous Owner Palmiter Katherine $23,800
Previous Owner Cotton Loretta J $98,000
Previous Owner Cotton Loretta $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $115,000 0.0% --
10/18/2022 10/18/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $115,000 -- --
Source: Southwestern Michigan 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 $4,643 $69,900 $3,400 $66,500
2024 $36 $60,400 $3,400 $57,000
2023 $4,380 $48,800 $3,400 $45,400
2022 $2,654 $42,800 $2,800 $40,000
2021 $2,594 $37,700 $3,400 $34,300
2020 $2,573 $33,700 $3,400 $30,300
2019 $2,467 $32,300 $3,400 $28,900
2018 $2,356 $26,500 $3,400 $23,100
2017 $2,259 $26,500 $3,400 $23,100
2016 $2,213 $26,000 $3,400 $22,600
2015 $2,213 $25,300 $6,739 $18,561
2014 $2,213 $25,500 $7,113 $18,387
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22044486

Southwestern Michigan Association of REALTORS®

APN: 01-01-15-304-051