$145,000
SOLD JUL 21, 2025
-- Bed
-- Bath
1,728 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$84 Per Sq Ft

5% Above List Price

18 Days on Market

Highlights

  • Cooling Available
  • Forced Air Heating System
  • Wood Siding

About This Home

As of July 2025

Three (3) story home within walking distance from REO town. Each level of the home is
a unit with a complete kitchen and full bathroom. Main floor has 2 bedrooms. Second floor has 2 bedrooms, third floor has 1 bedroom. Second level can be accessed by main floor hallway and from side staircase. Third floor entry from outside staircase. Recently inspected and approved by the City of Lansing for rental license. Lower level basement can be accessed from main level. No washer and dryer are available in the home. Third floor Tenant has been there for over 15 years. No written leases so all month to month but Tenants may consider signing a
written lease.

Last Agent to Sell the Property

Sonya Pentecost

Berkshire Hathaway HomeServices License #6506045423 Listed on: 06/06/2025

Berkshire Hathaway HomeServices

Last Buyer's Agent

Leticia Santibanez

Keller Williams Realty Lansing License #6501448021

Keller Williams Realty Lansing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,874

Year Built

  • Built in 1909

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 49.5x90.75

Home Design

  • Wood Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • 3-Story Property
  • Michigan Basement

Parking

  • 516 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Total Actual Rent $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,874

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Gross Rent: 16800.0
  • Tax Year: 2024
  • Levels: Three Or More
  • Year Built: 1909
  • Lot Size Acres: 0.1
  • Lot Size: 49.5x90.75
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1728.0
  • General Property Info:Lot Size Dimensions: 49.5x90.75
  • General Property Info:Above Grade Finished Area: 1728.0
  • Sewer:Public Sewer: Yes
  • Exterior:Wood Siding: Yes
  • Levels:Three or More: Yes
  • Tax Info:Taxes2: 2874.43
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: 1417 Reo
  • General Property Info:_pound_ of Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

  • Total Parking Spaces: 516.0
  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • General Property Info:Parking Total: 516,800

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • LaundryFeatures: None
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Zoning Description: Zoning

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Carrier Route: 1470

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2025
Closed on
Jul 21, 2025
Sold by
Eby Stanley David
Bought by
Muhammad Rashad
Seller's Agent
Sonya Pentecost
Berkshire Hathaway HomeServices
Buyer's Agent
Leticia Santibanez
Keller Williams Realty Lansing
List Price
$138,500
Sold Price
$145,000
Premium/Discount to List
$6,500
4.69%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-30.16%
Original Mortgage
$137,750
Outstanding Balance
$137,750
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$2,795

Purchase Details

Closed on
Nov 16, 2022
Sold by
Holmes Priscilla
Bought by
Holmes Priscilla

Purchase Details

Closed on
Jun 13, 2002
Sold by
Walsh Kenneth E and Walsh Marilyn M
Bought by
Holmes Priscilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
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 $145,000 Title Resource
Deed -- Land Title
Warranty Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $45,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Sold $145,000 +4.7% $84 / Sq Ft
06/24/2025 06/24/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $138,500 -- $80 / 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 $2,791 $60,600 $4,000 $56,600
2024 $21 $49,000 $4,000 $45,000
2023 $2,636 $42,700 $4,000 $38,700
2022 $2,423 $38,000 $3,100 $34,900
2021 $2,368 $33,700 $2,900 $30,800
2020 $2,349 $31,100 $2,900 $28,200
2019 $2,257 $28,200 $2,900 $25,300
2018 $2,151 $25,300 $2,900 $22,400
2017 $2,065 $25,300 $2,900 $22,400
2016 $2,032 $24,800 $2,900 $21,900
2015 $2,032 $24,000 $5,752 $18,248
2014 $2,032 $24,300 $3,912 $20,388
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 288735

Greater Lansing Association of Realtors®

APN: 01-01-21-329-302