NOT LISTED FOR SALE

1607 Snyder Rd East Lansing, MI 48823

Estimated Value: $274,000 - $285,000

4 Beds
3 Baths
1,683 Sq Ft
$166/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $235,000 $140 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,548/month

21 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 5-minute walk to Hidden River Park
  • Marble Elementary School Rated A-

About This Home

As of June 2022

GREAT INVESTMENT OPPORTUNITY! Best of the best rental license in EL! This home comes with a Class IV rental license (rent to a family or up to four unrelated persons!) This property also offers 4 bedrooms, 2 full baths, a large fenced in yard and a detached garage. Short walking distance to MacDonald Middle School and minutes from downtown East Lansing.

Last Agent to Sell the Property

Kimberly Stevenson

Five Star Real Estate - Lansing License #650143363 Listed on: 04/08/2022

Five Star Real Estate - Lansing

Co-Listed By

Kelly Schmitt

Five Star Real Estate - Lansing License #6501434023

Last Buyer's Agent

Brian Sutton

EXP Realty, LLC License #6501439236

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,790

Year Built

  • Built in 1947

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 190x82

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,683 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Linoleum

Basement

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

Parking

  • 2 Car Garage
  • Additional Parking

Utilities

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

Community Details

  • 4 Units
  • Grandview Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,790

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Tax Year: 2019
  • Levels: Two
  • Year Built: 1947
  • Lot Size Acres: 0.36
  • Lot Size: 190x82
  • Co List Office Mls Id: 1106
  • Co List Office Phone: 616-531-0028
  • Subdivision Name: Grandview
  • Above Grade Finished Sq Ft: 1683.0
  • General Property Info:Lot Size Dimensions: 190x82
  • General Property Info:Above Grade Finished Area: 1683.0
  • Levels:Two2: Yes
  • Laundry Features:In Basement: Yes
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Exterior:Brick: Yes
  • Cooling:None8: Yes
  • Flooring:Linoleum: Yes
  • Tax Info:Taxes2: 5790.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Class IV Rental License
  • General Property Info:_pound_ of Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Parking Features: Additional Parking
  • Attached Garage: No
  • Parking Features:Additional Parking: Yes
  • General Property Info:Parking Total: 4
  • Parking Features:Garage Spaces2: 2

Utilities

  • Sewer: Public Sewer
  • 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: East Lansing

Lot Info

  • Lot Size Sq Ft: 15681.6
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Jun 6, 2022
Sold by
Bjorn Soderstrom
Bought by
Philidor Sophonie and Balthazar Monique
Seller's Agent
Kimberly Stevenson
Five Star Real Estate - Lansing
Buyer's Agent
Brian Sutton
EXP Realty, LLC
List Price
$255,000
Sold Price
$235,000
Premium/Discount to List
-$20,000
-7.84%
Current Estimated Value
$279,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,304
Avg. Annual Appreciation
5.20%
Original Mortgage
$223,250
Outstanding Balance
$213,965
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$60,911

Purchase Details

Closed on
Mar 13, 2015
Sold by
Azadnia Ardeshire and Khazanei Mehrnoosh
Bought by
Soderstrom Brjorn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2003
Sold by
Wolff George T and Wolff Carol Ann
Bought by
Azadnia Ardeshir and Khazanei Mehrnoosh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2002
Sold by
Wolf Carol Ann
Bought by
Wolf George T and Wolff Carol Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,150
Interest Rate
6.12%

Purchase Details

Closed on
Feb 16, 2001
Sold by
Wolff George T and Wolff Carol Ann
Bought by
Wolff Carol Ann

Purchase Details

Closed on
Mar 7, 2000
Sold by
Roley George Hamilton
Bought by
Wolff George T and Wolff Carol Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.75%

Purchase Details

Closed on
Jul 1, 1990

Purchase Details

Closed on
Mar 1, 1985
Source: Public Records

Range of Values:

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Average Value
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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
Philidor Sophonie $235,000 None Listed On Document
Soderstrom Brjorn $164,000 None Available
Azadnia Ardeshir $168,000 Midstate Title Co
Wolf George T -- --
Wolff Carol Ann -- --
Wolff George T $140,000 Midstate Title Company
-- $86,000 --
-- $79,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Philidor Sophonie $223,250
Previous Owner Soderstrom Brjorn $123,000
Previous Owner Azadnia Ardeshir $134,000
Previous Owner Wolf George T $119,150
Previous Owner Wolff George T $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $235,000 -5.6% $140 / Sq Ft
04/21/2022 04/21/22 Price Changed $249,000 -2.4% $148 / Sq Ft
04/08/2022 04/08/22 For Sale $255,000 -- $152 / 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 $55 $123,000 $32,800 $90,200
2023 $6,193 $112,200 $28,100 $84,100
2022 $6,203 $99,300 $24,300 $75,000
2021 $6,074 $96,600 $23,100 $73,500
2020 $6,003 $96,600 $23,100 $73,500
2019 $5,790 $79,300 $25,000 $54,300
2018 $6,162 $77,000 $18,200 $58,800
2017 $6,006 $76,200 $18,400 $57,800
2016 -- $76,200 $17,700 $58,500
2015 -- $70,700 $32,581 $38,119
2014 -- $70,700 $32,581 $38,119
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Stevenson

    Seller's Agent in 2022

    Kimberly Stevenson

    Five Star Real Estate - Lansing

    (517) 614-0911

    5 in this area

    57 Total Sales

    Kimberly Stevenson
    Section Image

  • K

    Seller Co-Listing Agent in 2022

    Kelly Schmitt

    Five Star Real Estate - Lansing

    Section Image

  • B

    Buyer's Agent in 2022

    Brian Sutton

    EXP Realty, LLC

    (904) 476-6756

    1 in this area

    7 Total Sales

    Brian Sutton
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 263814

Greater Lansing Association of Realtors®

APN: 20-02-17-105-020

Michigan Ingham County East Lansing 48823

1607 Snyder Rd, East Lansing, MI

This home is located at 1607 Snyder Rd, East Lansing, MI 48823 since 08 April 2022 and is currently estimated at $279,304, approximately $165 per square foot. This property was built in 1947. 1607 Snyder Rd is a home located in Ingham County with nearby schools including Marble Elementary School, MacDonald Middle School, and East Lansing High School.

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