NOT LISTED FOR SALE

Estimated Value: $172,000 - $251,000

4 Beds
2 Baths
1,936 Sq Ft
$107/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $55,000 $28 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $1,300/month

10 Days on Market

Highlights

  • 0.4 Acre Lot
  • Forced Air Heating and Cooling System
  • 2-minute walk to Letts Park
  • Colonial Architecture

About This Home

As of May 2023

Fantastic opportunity to buy a multifamily two unit property. Investment diamond in the rough. Will need major renovation but basics are all there with good curb appeal, walk a few feet to elementary school on next block, near shopping, places of worship and other neighborhood amenities. Some discoloration noted on floors and walls. REO AUCTION PROPERTY- Property sold “AS-IS” without contingencies, repairs, warranties, guarantees or representation as to listing accuracy, property information, photo or other depiction included or described herein.

Last Agent to Sell the Property

Lori Brown

Realhome Services and Solutions Inc License #6502429789 Listed on: 04/25/2023

Last Buyer's Agent

Matthew Dye

License #6501445735

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 32.5 x 63.83

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,936 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Taylors Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33010117330081

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Duplex
  • Architecture Level: 2 Story
  • Assessment: 457.00
  • Year Built: 1928
  • State Equalized Value: 60400.0000
  • Pets Allowed: No
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Type: Unfinished
  • Sq Ft Combined: 1936
  • Total Sq Ft: 1936
  • Sq Ft Total Bsmt: 1031

Exterior Features

  • Roof Material: Composition
  • Foundation Details: Michigan Basement
  • Construction Materials: Brick
  • Frontage Feet: 33
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Lansing

Lot Info

  • List Price per Acre: 145750.0000
  • Lot Size Area: 0.40
  • Lot Dimensions: 32.5 x 63.83
  • Parcel Number: 33010117330081
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 2580.0000
  • Tax Amount Winter: 902.0000
  • Total Tax: 3482.0000
  • Taxable Value: 44833.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Lansing

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
May 23, 2023
Sold by
Us Bank National Association
Bought by
Bregenzer Robert and Duncan Natasha
Seller's Agent
Lori Brown
Realhome Services and Solutions Inc
Buyer's Agent
Matthew Dye
List Price
$58,300
Sold Price
$55,000
Premium/Discount to List
-$3,300
-5.66%
Views
163
Current Estimated Value
$206,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,403
Avg. Annual Appreciation
72.31%

Purchase Details

Closed on
Sep 22, 2022
Sold by
Lammers George A
Bought by
Structured Asset Investment Loan Trust

Purchase Details

Closed on
Mar 19, 2004
Sold by
Stallworth Oscar and Stallworth Oscar
Bought by
Stallworth Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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 Buyer Sale Price Title Company
Bregenzer Robert $55,000 None Listed On Document
Structured Asset Investment Loan Trust $84,320 --
Stallworth Oscar -- Tnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stallworth Oscar $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $55,000 -5.7% $28 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $58,300 -- $30 / Sq Ft
Source: Realcomp

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 $9,317 $85,000 $5,500 $79,500
2024 $76 $80,700 $5,500 $75,200
2023 $4,512 $65,900 $5,500 $60,400
2022 $3,482 $60,400 $4,300 $56,100
2021 $3,189 $53,500 $6,200 $47,300
2020 $3,167 $49,400 $6,200 $43,200
2019 $3,045 $47,500 $6,200 $41,300
2018 $2,877 $45,900 $6,200 $39,700
2017 $2,761 $45,900 $6,200 $39,700
2016 $2,648 $41,500 $6,200 $35,300
2015 $2,648 $39,700 $12,375 $27,325
2014 $2,648 $39,100 $15,000 $24,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230031163

Realcomp

APN: 01-01-17-330-081