1409 Lyons Ave Lansing, MI 48910
Fabulous Acres Neighborhood
3
Beds
1
Bath
1,083
Sq Ft
7,536
Sq Ft Lot
Highlights
- Ranch Style House
- Living Room
- Dining Room
- Wood Flooring
- Forced Air Heating System
- 5-minute walk to Donora Park
About This Home
As of September 2024***WE ARE IN RECEIPT OF MULTIPLE OFFERS FOR ALL 5 PROPERTIES. OFFERS ARE DUE BY 9 PM ON SUN AUG 18*** Solid investment property with long rental history. This 3-bed/1-bath ranch could be owner-occupied or continue as a rental. The City of Lansing rental license expires on 8/31/24. Current tenant is paying $800 per month and the lease is month-to-month. Current rent is below market value as the owner does not increase rents for returning tenants, and this tenant has a long history. This property is one of 5 single-family rental properties available individually or as a package. Details about the 5 properties are uploaded with the listing. This is an excellent opportunity to start or expand your rental property portfolio. This property is a large lot and includes the yard to the west.
Last Agent to Sell the Property
EXIT Realty Home Partners License #6506049395 Listed on: 08/15/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1889
Lot Details
- 7,536 Sq Ft Lot
- Lot Dimensions are 39.4x119
Parking
- Driveway
Home Design
- Ranch Style House
- Block Foundation
- Vinyl Siding
Interior Spaces
- 1,083 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
- Electric Oven
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2024
Closed on
Sep 11, 2024
Sold by
Star Jessie
Bought by
Kyland Property Management Llc
Seller's Agent
Gary Naeyaert
EXIT Realty Home Partners
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,636
Avg. Annual Appreciation
56.63%
Purchase Details
Closed on
Sep 1, 1993
Similar Homes in Lansing, MI
-
$59,900
- 2 Beds
- 1 Bath
- 1,080 Sq Ft
- 4005 N Grand River Ave
- Lansing, MI
Amazing opportunity on this 2 bedroom Lansing ranch. Over a quarter acre of land! Spacious backyard. 1 car attached garage. Endless possibilities! Cash only sale. Sold as is. Buyer and agent to verify all information.
Sam Hantosh RE/MAX Team 2000
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Contract Of Sale | -- | Greater Lansing Title | |
| Trustee Deed | $4,400 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2024 09/11/24 | Sold | $50,000 | -16.7% | $46 / Sq Ft |
| 08/20/2024 08/20/24 | Pending | -- | -- | -- |
| 08/15/2024 08/15/24 | For Sale | $60,000 | -- | $55 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $12 | $34,300 | $5,200 | $29,100 |
| 2023 | $1,376 | $30,200 | $5,200 | $25,000 |
| 2022 | $1,260 | $26,600 | $4,000 | $22,600 |
| 2021 | $1,231 | $23,600 | $3,700 | $19,900 |
| 2020 | $1,222 | $21,900 | $3,700 | $18,200 |
| 2019 | $1,178 | $20,100 | $3,700 | $16,400 |
| 2018 | $1,120 | $17,000 | $3,700 | $13,300 |
| 2017 | $1,076 | $17,000 | $3,700 | $13,300 |
| 2016 | $1,034 | $16,700 | $3,700 | $13,000 |
| 2015 | $1,034 | $16,300 | $7,363 | $8,937 |
| 2014 | $1,034 | $15,800 | $5,007 | $10,793 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Naeyaert
Seller's Agent in 2024
Gary Naeyaert
EXIT Realty Home Partners
(517) 281-2690
2 in this area
170 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 282877
APN: 01-01-22-306-001
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Copyright © 2025 Greater Lansing Association of REALTORS®
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