NOT LISTED FOR SALE

1427 Jerome St Lansing, MI 48912

Eastfield Neighborhood

Estimated Value: $115,564 - $156,000

-- Bed
1 Bath
1,408 Sq Ft
$98/Sq Ft Est. Value

Last Sold March 10, 2020

Last sale price $80,000 $57 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $749/month

16 Days on Market

About This Home

As of March 2020

Nicely kept and conveniently located duplex in an investor friendly neighborhood! Walking distance to trendy shops and restaurants. Newer HVAC and water heater.

Last Agent to Sell the Property

Rachel Jones

RE/MAX RE Professionals Okemos License #6501401541 Listed on: 08/12/2019

Last Buyer's Agent

Rachel Jones

RE/MAX Real Estate Professionals License #6501401541

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 6,926 Sq Ft Lot
  • Lot Dimensions are 42x165

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,408 Sq Ft Home
  • 2-Story Property
  • Michigan Basement

Parking

  • 2 Parking Spaces
  • Alley Access

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Tax Year: 2017
  • Levels: Two
  • Year Built: 1924
  • Lot Size Acres: 0.16
  • Lot Size: 42x165
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1408.0
  • General Property Info:Lot Size Dimensions: 42x165
  • General Property Info:Above Grade Finished Area: 1408.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes
  • Tax Info:Taxes2: 2855.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Residential
  • General Property Info:_pound_ of Units: 2
  • 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

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

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features: Alley Access
  • Attached Garage: No
  • Parking Features:Alley Access: Yes
  • Misc Business Info:_pound_ Parking: 2
  • General Property Info:Parking Total: 2

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • 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: 6926.04
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2019
Closed on
Mar 10, 2020
Sold by
Mason William B and Mason William B
Bought by
Lasing Intentional Communities Inc
Seller's Agent
Rachel Jones
RE/MAX RE Professionals Okemos
Buyer's Agent
Rachel Jones
RE/MAX Real Estate Professionals
List Price
$79,999
Sold Price
$80,000
Premium/Discount to List
$1
0.001%
Current Estimated Value
$137,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,891
Avg. Annual Appreciation
9.75%

Purchase Details

Closed on
Oct 21, 1996
Sold by
Mason William J
Bought by
Mason William and Mason Contance
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
Lasing Intentional Communities Inc $80,000 None Available
Mason William $55,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2020 03/10/20 Sold $80,000 0.0% $57 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $79,999 -- $57 / 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 $250 $0 $0 $0
2024 $244 $0 $0 $0
2023 $244 $0 $0 $0
2022 $3,877 $57,900 $7,200 $50,700
2021 $4,317 $53,100 $6,000 $47,100
2020 $3,253 $49,700 $6,000 $43,700
2019 $3,139 $45,700 $6,000 $39,700
2018 $2,980 $41,800 $6,000 $35,800
2017 $2,866 $41,800 $6,000 $35,800
2016 $2,757 $37,800 $6,000 $31,800
2015 $2,757 $36,200 $12,064 $24,136
2014 $2,757 $35,700 $11,098 $24,602
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Rachel Jones

    RE/MAX Michigan

See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 239786

Greater Lansing Association of Realtors®

APN: 01-01-15-256-141

Michigan Ingham County Lansing 48912 Eastfield

1427 Jerome St, Lansing, MI

This home is located at 1427 Jerome St, Lansing, MI 48912 since 12 August 2019 and is currently estimated at $137,891, approximately $97 per square foot. This property was built in 1924. 1427 Jerome St is a home located in Ingham County with nearby schools including Pattengill Academy, Riddle Elementary School, and Eastern Lansing High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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