$220,000
SOLD MAY 8, 2018

1351 W Lake Lansing Rd East Lansing, MI 48823

-- Bed
-- Bath
2,592 Sq Ft
10,280 Sq Ft Lot

Recently Sold

$85 Per Sq Ft

2% Below List Price

6 Days on Market

Highlights

  • 2 Car Detached Garage
  • Green Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of September 2021

Great East Lansing investment / owner occupied in superb location! Across from Meijer, on bus line, down from Eastwood Town Center, MSU & expressway. Each unit w/ 3 bedrooms, 1.5 baths, full basments w/ laundry hook-ups. 1351 w/ new water heater, some blinds, A/C. 1353 w/ newer Kitchen cabinets, counter tops, appliances, carpet, paint & some blinds. Carports for parking. Units have been well taken care of. Tenants pay utilities.

Last Agent to Sell the Property

Bob Garchow

Real Estate One 1st License #6502357682 Listed on: 03/19/2018

Real Estate One 1st

Co-Listed By

June Rochon

Real Estate One 1st License #6501294525

Last Buyer's Agent

Mitra Banisafar

Berkshire Hathaway HomeServices License #6501316868

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,429

Year Built

  • Built in 1969

Lot Details

  • 10,280 Sq Ft Lot
  • Lot Dimensions are 75x137

Home Design

  • Duplex
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,592 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Carport

Utilities

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

Community Details

  • 2 Units
  • Ramblewood Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,429

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Misc Business Info Parking Surface: asphalt
  • Misc Business Info Roof Type: asphalt
  • Tax Year: 2017
  • Levels: Two
  • Year Built: 1969
  • Lot Size Acres: 0.24
  • Lot Size: 75x137
  • Co List Office Mls Id: 258
  • Co List Office Phone: 517-694-1121
  • Subdivision Name: Ramblewood
  • Above Grade Finished Sq Ft: 2592.0
  • General Property Info:Lot Size Dimensions: 75x137
  • General Property Info:Above Grade Finished Area: 2592.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Tax Info:Taxes2: 5428.98
  • Tax Info:Zoning3: Multi-Family
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • 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
  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: Asphalt, Carport, Detached
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Detached: Yes
  • Misc Business Info:_pound_ Parking: 2
  • General Property Info:Parking Total: 4

Utilities

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

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 10280.16
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Sep 13, 2021
Sold by
Tashtanov Polat
Bought by
Gajula Madhu Krishna and Kalahasthi Swati
Seller's Agent
Mitra Banisafar
Berkshire Hathaway HomeServices
Buyer's Agent
Mitra Banisafar
Berkshire Hathaway HomeServices
List Price
$265,000
Sold Price
$265,000
Total Days on Market
6
Current Estimated Value
$318,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,612
Avg. Annual Appreciation
5.06%
Original Mortgage
$191,250
Outstanding Balance
$176,657
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$141,578

Purchase Details

Listed on
Mar 19, 2018
Closed on
May 8, 2018
Sold by
Kaplan Bob
Bought by
Tashtanov Pulat
Seller's Agent
Bob Garchow
Real Estate One 1st
Buyer's Agent
Mitra Banisafar
Berkshire Hathaway HomeServices
List Price
$224,900
Sold Price
$220,000
Premium/Discount to List
-$4,900
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$177,600
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2018
Closed on
Mar 15, 2018
Sold by
Priggooris Peter and Priggooris Peter
Bought by
Kaplan Bob and The Peter Priggooris Living Trust
Seller's Agent
Bob Garchow
Real Estate One 1st
Buyer's Agent
Mitra Banisafar
Berkshire Hathaway HomeServices
List Price
$224,900
Sold Price
$220,000
Premium/Discount to List
-$4,900
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1977
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $261,000 None Available
Warranty Deed $265,000 None Available
Warranty Deed $220,000 Transnation Title Agency
Interfamily Deed Transfer -- None Available
Deed $58,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $191,250 New Conventional
Previous Owner $177,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $265,000 0.0% $102 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $265,000 +20.5% $102 / Sq Ft
05/08/2018 05/08/18 Sold $220,000 -2.2% $85 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $224,900 -- $87 / 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 $74 $116,600 $28,900 $87,700
2023 $7,323 $105,000 $25,000 $80,000
2022 $6,752 $91,600 $21,300 $70,300
2021 $5,847 $89,300 $20,400 $68,900
2020 $5,779 $89,300 $20,400 $68,900
2019 $5,574 $75,900 $22,100 $53,800
2018 $5,628 $75,900 $19,300 $56,600
2017 $5,429 $75,900 $19,500 $56,400
2016 -- $79,100 $19,500 $59,600
2015 -- $75,300 $36,354 $38,946
2014 -- $71,800 $33,757 $38,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 224246

Greater Lansing Association of Realtors®

APN: 20-01-01-303-032