NOT LISTED FOR SALE

Estimated Value: $123,980 - $149,000

-- Bed
-- Bath
1,394 Sq Ft
$95/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $100,827 $72 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $745/month

89 Days on Market

Highlights

  • Covered patio or porch
  • 4 Car Detached Garage
  • Forced Air Heating System

About This Home

As of November 2020

Desirable duplex downtown near Sparrow and campus. Great househacking opportunity to live in one unit and rent out the other, or rent out both 2 bedroom units and cash flow day one. Separate electric meters, owner pays gas/water. New vinyl windows, hardwood floors, licensed rental. Great investment opportunity in a great location!

Last Agent to Sell the Property

David Hall

Achieve Real Estate LLC License #6502433100 Listed on: 07/31/2020

Last Buyer's Agent

Marilyn Jackson

RE/MAX Real Estate Professionals License #6501388256

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,258

Year Built

  • Built in 1923

Lot Details

  • 4,704 Sq Ft Lot
  • Lot Dimensions are 59x181

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,394 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • 4 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $17,400

Community Details

Overview

  • 2 Units
  • Ludwig Park Subdivision

Building Details

  • New Taxes Expense $2,258

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,258

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Gross Rent: 17400.0
  • Tax Year: 2019
  • Levels: Two
  • Year Built: 1923
  • Lot Size Acres: 0.11
  • Lot Size: 59x181
  • Subdivision Name: Ludwig Park
  • Above Grade Finished Sq Ft: 1394.0
  • General Property Info:Lot Size Dimensions: 59x181
  • General Property Info:Above Grade Finished Area: 1394.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Tax Info:Taxes2: 2258.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 2-Story Duplex
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Tax Expense2: 2258.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Covered
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Detached, Gravel
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:Detached: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 4704.48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2025
Sold by
Anderson Gregory P and Zaiding Emilienne Sage
Bought by
Sage Zaiding Emilienne
Total Days on Market
89
Current Estimated Value
$132,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,200
Outstanding Balance
$15,175
Interest Rate
6.93%
Mortgage Type
Credit Line Revolving
Estimated Equity
$117,820

Purchase Details

Listed on
Jul 31, 2020
Closed on
Nov 25, 2020
Sold by
Ropp Jack
Bought by
Anderson Gregory P
Seller's Agent
David Hall
Achieve Real Estate LLC
Buyer's Agent
Marilyn Jackson
RE/MAX Real Estate Professionals
List Price
$95,000
Sold Price
$100,827
Premium/Discount to List
$5,827
6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$100,827
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2018
Closed on
Jul 23, 2018
Sold by
Spencer Heather A
Bought by
Roop Jack
Seller's Agent
NON-MBR 'LIST' NON-MBR 'LIST'
NON-MEMBER REALTOR 'LIST'
Buyer's Agent
Eric Ropp
C-21 Affiliated - Jackson
Sold Price
$86,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$84,932
Interest Rate
4.6%
Mortgage Type
FHA
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
Sage Zaiding Emilienne -- Boston National Title
Anderson Gregory P $100,827 Tri County Title Agency Inc
Roop Jack $86,500 Tri County Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sage Zaiding Emilienne $15,200
Previous Owner Anderson Gregory P $100,827
Previous Owner Roop Jack $84,932
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $100,827 +6.1% $72 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $95,000 +9.8% $68 / Sq Ft
07/23/2018 07/23/18 Sold $86,500 0.0% --
07/23/2018 07/23/18 Sold $86,500 -1.6% $62 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
06/02/2018 06/02/18 Pending -- -- --
11/22/2017 11/22/17 For Sale $87,900 -- $63 / 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
2024 $24 $48,000 $4,800 $43,200
2023 $2,914 $43,400 $4,800 $38,600
2022 $2,654 $37,200 $3,800 $33,400
2021 $2,590 $34,600 $6,000 $28,600
2020 $2,606 $31,900 $6,000 $25,900
2019 $2,184 $30,100 $6,000 $24,100
2018 $1,959 $25,800 $6,000 $19,800
2017 $1,883 $25,800 $6,000 $19,800
2016 $1,808 $24,800 $6,000 $18,800
2015 $1,808 $23,400 $12,017 $11,383
2014 $1,808 $22,500 $9,614 $12,886
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 248312

Greater Lansing Association of Realtors®

APN: 01-01-15-401-112