NOT LISTED FOR SALE

1335 E César E Chávez Ave Lansing, MI 48906

Northtown Neighborhood
Studio
1 Bath
2,405 Sq Ft
4,182 Sq Ft Lot

Last Sold September 30, 2024

Last sale price $60,000 $25 Per Sq Ft

156 Days on Market

Highlights

  • Boat Slip
  • Balcony
  • Wood Siding
  • Covered Patio or Porch
  • Forced Air Heating System

About This Home

As of September 2024

Calling all adventurous visionaries and creative souls! Get ready to embark on the ultimate real estate journey right here in Lansing! Picture this: a two-unit commercial space begging to be transformed into your wildest dreams. On the ground floor, unleash your inner artist with a storefront, studio, rehearsal space, or whatever your heart desires. Need a place to crash after a night of creative genius? Climb the stairs to discover a three-bedroom apartment fit for the most discerning bohemian. Or have a passive revenue stream by renting the apartment out. Sure, it needs a little TLC, but hey, who doesn't love a project with potential? Join us for a viewing and let's turn this diamond in the rough into the crown jewel of the neighborhood near Old Town!

Last Agent to Sell the Property

Rooted Real Esta Of Greater Lansing

RE/MAX Real Estate Professionals Listed on: 02/21/2024

RE/MAX Real Estate Professionals

Co-Listed By

Margaret Gerich

RE/MAX Real Estate Professionals License #650644295

Last Buyer's Agent

Keith Tett

C. L. Moore & Associates License #6501390911

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 4,182 Sq Ft Lot

Home Design

  • Wood Siding

Interior Spaces

  • 2,405 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Parking

  • 5 Parking Spaces
  • Parking Lot

Outdoor Features

  • Boat Slip
  • Balcony
  • Covered Patio or Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Otto Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Tax Year: 2023
  • Levels: Two
  • Year Built: 1926
  • Lot Size Acres: 0.1
  • Lot Size: Irr
  • Co List Office Mls Id: 894
  • Co List Office Phone: 517-339-8255
  • Subdivision Name: Otto
  • Above Grade Finished Sq Ft: 2405.0
  • Architectural Style: Other
  • General Property Info:Lot Size Dimensions: Irr
  • General Property Info:Above Grade Finished Area: 2405.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Exterior:Wood Siding: Yes
  • Laundry Features:Upper Level: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 3485.0
  • Tax Info:Zoning3: Commercial
  • General Property Info:Building 1 Description: Building with Apartment Upstairs
  • General Property Info:_pound_ of Units: 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes

Exterior Features

  • ExteriorFeatures: Balcony
  • Patio And Porch Features: Covered, Rear Porch
  • Construction Type: Block, Wood Siding
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Rear Porch: Yes
  • Exterior Features:Balcony2: Yes

Garage/Parking

  • Total Parking Spaces: 5.0
  • Parking Features: Parking Lot
  • Attached Garage: No
  • General Property Info:Parking Total: 5
  • Parking Features:Parking Lot: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: Upper Level
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 4181.76
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2024
Sold by
Idhe Anthony
Bought by
Mid-Michigan Section Mms Inc

Purchase Details

Listed on
Feb 21, 2024
Closed on
Sep 30, 2024
Sold by
Richard Nicholas G
Bought by
Ihde Anthony
Seller's Agent
Rooted Real Esta Of Greater Lansing
RE/MAX Real Estate Professionals
Buyer's Agent
Keith Tett
C. L. Moore & Associates
List Price
$85,000
Sold Price
$60,000
Premium/Discount to List
-$25,000
-29.41%
Views
389

Purchase Details

Closed on
Feb 28, 2022
Sold by
Kelley Timothy E
Bought by
Richard Nicholas G

Purchase Details

Closed on
Mar 9, 2017
Sold by
Kelley Timothy E and Kelley Paula
Bought by
Richard Nicholas Gerald

Purchase Details

Closed on
Jul 15, 2003
Sold by
Gnesotto Rosalia
Bought by
Kelley Timothy E and Kelley Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.62%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Mid-Michigan Section Mms Inc -- None Listed On Document
Mid-Michigan Section Mms Inc -- None Listed On Document
Ihde Anthony -- Greater Lansing Title
Richard Nicholas G -- None Listed On Document
Richard Nicholas Gerald -- None Available
Kelley Timothy E $40,000 Fatic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelley Timothy E $50,000
Closed Richard Nicholas Gerald $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $60,000 -11.1% $25 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
06/18/2024 06/18/24 Price Changed $67,500 -3.6% $28 / Sq Ft
04/19/2024 04/19/24 Price Changed $70,000 -6.7% $29 / Sq Ft
03/12/2024 03/12/24 Price Changed $75,000 -11.8% $31 / Sq Ft
02/21/2024 02/21/24 For Sale $85,000 -- $35 / 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 $3,630 $86,000 $6,300 $79,700
2024 $29 $73,200 $6,300 $66,900
2023 $3,402 $67,300 $6,300 $61,000
2022 $3,065 $82,000 $2,600 $79,400
2021 $3,002 $77,000 $2,600 $74,400
2020 $2,983 $75,900 $2,600 $73,300
2019 $2,861 $61,800 $2,600 $59,200
2018 $2,680 $43,100 $2,600 $40,500
2017 $1,802 $43,100 $2,600 $40,500
2016 $2,302 $42,800 $2,600 $40,200
2015 $2,302 $38,400 $5,250 $33,150
2014 $2,302 $33,900 $5,250 $28,650
Source: Public Records

Agents Affiliated with this Home

  • Margaret Gerich

    Seller Co-Listing Agent in 2024

    Margaret Gerich

    RE/MAX Michigan

    (517) 303-0527

    12 in this area

    343 Total Sales

    Margaret Gerich
    Section Image
  • Keith Tett

    Buyer's Agent in 2024

    Keith Tett

    C. L. Moore & Associates

    (517) 974-8515

    1 in this area

    26 Total Sales

    Keith Tett
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 278744

Greater Lansing Association of Realtors®

APN: 01-01-10-402-191

Michigan Ingham County Lansing 48906 Northtown

1335 E César E Chávez Ave, Lansing, MI

Not Listed for Sale

MultiFamily

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