NOT LISTED FOR SALE

1601 Coleman Ave Lansing, MI 48910

Moores Park Neighborhood

Estimated Value: $110,000 - $134,000

-- Bed
1 Bath
1,340 Sq Ft
$90/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $46,500 $35 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $678/month

105 Days on Market

Highlights

  • Forced Air Heating System
  • Partially Fenced Property
  • 4-minute walk to Barb Dean Tot Lot

About This Home

As of December 2022

Great Opportunity. One unit currently rented for $700 on M2M lease, 1 bed, potentially could be a 2 bed. The upstairs 2 bedroom unit is vacant and has been gutted in preparation for renovations. Original plan was to split electri meters, install electronic heat and have tenants pay their own utilities! Vinyl siding, good roof, separate entrances.

Last Listed By

David Hall

Achieve Real Estate LLC License #6501386398 Listed on: 09/09/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 55x92.75
  • Partially Fenced Property

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,340 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • Gravel Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater

Community Details

  • 2 Units
  • Park Place Subdivision

Listing and Financial Details

  • Total Actual Rent $1,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Gross Rent: 1500.0
  • Tax Year: 2021
  • Registered Licenses for Unrelated Occupants: 1
  • Unit Information License Register Exp: 2022-10-31
  • Levels: Two
  • Year Built: 1890
  • Lot Size Acres: 0.12
  • Lot Size: 55x92.75
  • Subdivision Name: Park Place
  • Above Grade Finished Sq Ft: 1340.0
  • General Property Info:Lot Size Dimensions: 55x92.75
  • General Property Info:Above Grade Finished Area: 1340.0
  • Levels:Two2: Yes
  • Laundry Features:In Basement: Yes
  • Fencing:Partial2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 3158.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: duples
  • General Property Info:_pound_ of Units: 2
  • Water Heater:Water Heater3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Fencing: Partial
  • Construction Type: Vinyl Siding, Block

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features: Concrete, Driveway, Gravel
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:Driveway: Yes
  • General Property Info:Parking Total: 2
  • Parking Features:Concrete6: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Water Heater
  • Cooling: None
  • LaundryFeatures: In Basement
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Carrier Route: 1422

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2023
Sold by
Essence Estates Llc
Bought by
Golden River Acquisitions Llc
Total Days on Market
105
Current Estimated Value
$121,151

Purchase Details

Listed on
Sep 9, 2022
Closed on
Dec 30, 2022
Sold by
Trinity Enterprise Llc
Bought by
Essence Estates Llc
Seller's Agent
David Hall
Achieve Real Estate LLC
Buyer's Agent
Gary Naeyaert
EXIT Realty Advantage
List Price
$60,000
Sold Price
$46,500
Premium/Discount to List
-$13,500
-22.5%
Views
140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.00%

Purchase Details

Listed on
Feb 25, 2019
Closed on
Feb 20, 2019
Sold by
Holmes Priscilla
Bought by
Trinity Enterprise Llc
Seller's Agent
David Hall
Achieve Real Estate LLC
Buyer's Agent
David Hall
Achieve Real Estate LLC
List Price
$29,000
Sold Price
$29,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%

Purchase Details

Closed on
Dec 9, 1999
Sold by
Smith Harold A
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
$38,000
Interest Rate
7.87%
Mortgage Type
Balloon

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
Golden River Acquisitions Llc $98,750 Venture Title Agency Llc
Essence Estates Llc $46,500 Liberty Title
Trinity Enterprise Llc $29,000 Tri County Title Agency Llc
Holmes Priscilla $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trini Enterprise Llc $83,700
Previous Owner Holmes Priscilla $26,000
Previous Owner Holmes Priscilla $17,440
Previous Owner Holmes Priscilla $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $46,500 -15.5% $35 / Sq Ft
12/23/2022 12/23/22 Pending -- -- --
10/12/2022 10/12/22 Price Changed $55,000 -8.3% $41 / Sq Ft
09/09/2022 09/09/22 For Sale $60,000 +106.9% $45 / Sq Ft
02/20/2019 02/20/19 Sold $29,000 0.0% $22 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
02/14/2019 02/14/19 For Sale $29,000 -- $22 / 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
2024 $48 $52,300 $5,100 $47,200
2023 $5,663 $45,700 $5,100 $40,600
2022 $3,858 $42,900 $7,300 $35,600
2021 $3,158 $38,900 $5,200 $33,700
2020 $3,135 $37,500 $5,200 $32,300
2019 $1,899 $34,200 $5,200 $29,000
2018 $1,808 $31,000 $5,200 $25,800
2017 $1,737 $31,000 $5,200 $25,800
2016 $1,668 $30,400 $5,200 $25,200
2015 $1,668 $29,200 $10,485 $18,715
2014 $1,668 $28,400 $5,926 $22,474
Source: Public Records

Agents Affiliated with this Home

  • David Hall

    Seller's Agent in 2022

    David Hall

    Achieve Real Estate LLC

    (517) 712-8329

    5 in this area

    152 Total Sales

    David Hall
    Section Image
  • Gary Naeyaert

    Buyer's Agent in 2022

    Gary Naeyaert

    EXIT Realty Advantage

    (517) 281-2690

    5 in this area

    163 Total Sales

    Gary Naeyaert
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 268437

Greater Lansing Association of Realtors®

APN: 01-01-21-378-002

Michigan Ingham County Lansing 48910 Moores Park

1601 Coleman Ave, Lansing, MI

Homes for Sale in Lansing, MI

This home is located at 1601 Coleman Ave, Lansing, MI 48910 since 09 September 2022 and is currently estimated at $121,151, approximately $90 per square foot. This property was built in 1890. 1601 Coleman Ave is a home located in Ingham County with nearby schools including Averill New Tech Elementary School, Pattengill Academy, and J.W. Sexton High School.

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