NOT LISTED FOR SALE

1518 Snyder Rd East Lansing, MI 48823

Estimated Value: $334,000 - $406,000

6 Beds
4 Baths
3,520 Sq Ft
$103/Sq Ft Est. Value

Last Sold July 23, 2018

Last sale price $210,000 $60 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,759/month

About This Home

As of July 2018

Spacious duplex located in East Lansing near the campus of MSU (Snyder east of Hagadorn). Just an 8 minute bike ride to campus. More than 1,700 square feet of living space. Licensed for family or 3 unrelated. Property has 3-bedrooms, 2 full bathrooms, a living room, a rec room and a separate dining room. The kitchen is equipped with a dishwasher. Washer & dryer in unit. Other amenities include air conditioning and front porch/patio. One unit is currently occupied. Subject to tenant rights.

Last Agent to Sell the Property

Jill Powell

1st Choice Real Estate License #6502350891 Listed on: 04/19/2018

Co-Listed By

Bradley Hillard

1st Choice Real Estate License #6502431508

Last Buyer's Agent

Dave Smeak

Smeak Real Estate Company License #6502334466

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 7,623 Sq Ft Lot
  • Lot Dimensions are 68x112

Parking

  • 6 Parking Spaces

Home Design

  • 3,520 Sq Ft Home
  • Duplex
  • Bi-Level Home
  • Aluminum Siding

Utilities

  • Heating Available
  • Electric Water Heater

Additional Features

  • Finished Basement

Community Details

  • 2 Units
  • Grand View Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Tax Year: 2018
  • Year Built: 1973
  • Lot Size Acres: 0.18
  • Lot Size: 68X112
  • Co List Office Mls Id: 1063
  • Co List Office Phone: 517-410-6750
  • Subdivision Name: Grand View
  • Above Grade Finished Sq Ft: 3520.0
  • Architectural Style: Bi-Level
  • General Property Info:Lot Size Dimensions: 68X112
  • General Property Info:Above Grade Finished Area: 3520.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • General Property Info:ECO Friendly Features: No
  • Percent Basement Finished: Yes
  • Architectural Style:Bi-Level: Yes
  • Tax Info:Taxes2: 8891.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Water Heater:Electric Water Heater2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Heating: Electric
  • Property Type: Resid/Multi-Family

Exterior Features

  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • General Property Info:Parking Total: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Electric: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 7623.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
Jul 22, 2018
Sold by
Spencer Estates Of Michigan Llc
Bought by
Amp Vi Rental Properties Llc
Seller's Agent
Jill Powell
1st Choice Real Estate
Buyer's Agent
Dave Smeak
Smeak Real Estate Company
List Price
$239,900
Sold Price
$210,000
Premium/Discount to List
-$29,900
-12.46%
Current Estimated Value
$363,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,690
Avg. Annual Appreciation
7.93%
Original Mortgage
$157,500
Outstanding Balance
$136,497
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$227,193

Purchase Details

Closed on
Jan 13, 2005
Sold by
Mulholland James C and Mulholland Melanie
Bought by
Spencer Estates Of Michigan Llc

Purchase Details

Closed on
Nov 1, 1988

Purchase Details

Closed on
Jul 1, 1979
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
Amp Vi Rental Properties Llc $210,000 Ata National Title Group Llc
Spencer Estates Of Michigan Llc $206,000 Transnation Title
-- $107,500 --
-- $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amp Vi Rental Properties Llc $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2018 07/23/18 Sold $210,000 -12.5% $60 / Sq Ft
06/10/2018 06/10/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $239,900 -- $68 / 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 $9,972 $161,600 $20,800 $140,800
2024 $87 $155,500 $20,800 $134,700
2023 $9,358 $140,000 $17,800 $122,200
2022 $8,953 $122,000 $15,400 $106,600
2021 $8,767 $118,800 $14,600 $104,200
2020 $8,664 $118,800 $14,600 $104,200
2019 $8,357 $113,800 $15,800 $98,000
2018 $9,217 $123,800 $11,500 $112,300
2017 $8,892 $122,700 $11,700 $111,000
2016 -- $122,700 $11,200 $111,500
2015 -- $113,500 $20,618 $92,882
2014 -- $113,500 $20,618 $92,882
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 225194

Greater Lansing Association of Realtors®

APN: 20-02-17-108-027