Seller's Agent in 2023
Jeffrey Kelley
RE/MAX Michigan
(517) 999-2675
2 in this area
50 Total Sales
1611 Todd Ave Lansing, MI 48910
Moores Park NeighborhoodEstimated Value: $115,430 - $157,000
--
Bed
--
Bath
1,570
Sq Ft
$87/Sq Ft
Est. Value
About This Home
As of June 2023What an outstanding investment opportunity. A great two-unit rental that has passed the City of Lansing inspections and is a licensed rental. All utilities separate, including water which is quite rare. The upstairs is vacant and has been recently renovated with new flooring, paint and windows. The lower level has a tenant that is month to month. This level had new flooring installed last year. This home has newer vinal siding, roof and windows.
Last Agent to Sell the Property
RE/MAX Real Estate Professionals License #6501377659 Listed on: 07/25/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,543
Year Built
- Built in 1917
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 44x88
- Corner Lot
Home Design
- Vinyl Siding
Interior Spaces
- 1,570 Sq Ft Home
- 2-Story Property
- Shared Basement
Parking
- 3 Parking Spaces
- Driveway
Utilities
- No Cooling
- Forced Air Heating System
Listing and Financial Details
- Total Actual Rent $12,000
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,040
- Maintenance Expense $3,000
- New Taxes Expense $2,540
- Net Operating Income $5,420
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 20, 2025
Sold by
Bilbey Samuel
Bought by
Bilbey Real Estate Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Outstanding Balance
$105,302
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$29,977
Purchase Details
Listed on
Jul 25, 2022
Closed on
Jun 15, 2023
Sold by
Web Property Management Llc
Bought by
Bilbey Samuel
Seller's Agent
Jeffrey Kelley
RE/MAX Real Estate Professionals
Buyer's Agent
Jamie Bates
RE/MAX Real Estate Professionals Dewitt
List Price
$129,000
Sold Price
$102,000
Premium/Discount to List
-$27,000
-20.93%
Views
524
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%
Original Mortgage
$76,500
Interest Rate
6.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 2008
Sold by
Bank Of America
Bought by
Web Property Mgt Llc
Purchase Details
Closed on
May 23, 2008
Sold by
Federal National Mortgage Association
Bought by
Bank Of America
Purchase Details
Closed on
Dec 11, 2007
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Nov 1, 2007
Sold by
Birch Michael M
Bought by
Bank Of America Na
Purchase Details
Closed on
Jan 24, 2005
Sold by
Birch Douglas D
Bought by
Birch Michael M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
10%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 9, 2001
Sold by
Balongie Margaret J
Bought by
Birch Douglas D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,318
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bilbey Real Estate Llc | -- | Greater Lansing Title | |
| Bilbey Samuel | $102,000 | Diversified National Title | |
| Web Property Mgt Llc | $23,000 | Attorneys Title Agency Llc | |
| Bank Of America | -- | Attorneys Title Agency Llc | |
| Federal National Mortgage Association | -- | None Available | |
| Bank Of America Na | $96,704 | None Available | |
| Birch Michael M | $116,000 | -- | |
| Birch Douglas D | $73,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bilbey Real Estate Llc | $105,750 | |
| Previous Owner | Bilbey Samuel | $76,500 | |
| Previous Owner | Birch Michael M | $81,200 | |
| Previous Owner | Birch Douglas D | $72,318 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/15/2023 06/15/23 | Sold | $102,000 | -18.3% | $65 / Sq Ft |
| 04/20/2023 04/20/23 | Price Changed | $124,900 | -3.8% | $80 / Sq Ft |
| 02/27/2023 02/27/23 | Price Changed | $129,900 | +13.1% | $83 / Sq Ft |
| 10/21/2022 10/21/22 | Price Changed | $114,900 | -4.2% | $73 / Sq Ft |
| 08/15/2022 08/15/22 | Price Changed | $119,900 | -4.0% | $76 / Sq Ft |
| 06/02/2022 06/02/22 | Price Changed | $124,900 | -3.2% | $80 / Sq Ft |
| 04/04/2022 04/04/22 | For Sale | $129,000 | -- | $82 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $4,139 | $58,100 | $4,000 | $54,100 |
| 2024 | $34 | $48,100 | $4,000 | $44,100 |
| 2023 | $2,864 | $41,900 | $4,000 | $37,900 |
| 2022 | $2,622 | $39,000 | $5,700 | $33,300 |
| 2021 | $2,562 | $35,500 | $4,100 | $31,400 |
| 2020 | $2,543 | $34,300 | $4,100 | $30,200 |
| 2019 | $2,451 | $31,200 | $4,100 | $27,100 |
| 2018 | $2,329 | $29,500 | $4,100 | $25,400 |
| 2017 | $2,240 | $29,500 | $4,100 | $25,400 |
| 2016 | $2,160 | $29,000 | $4,100 | $24,900 |
| 2015 | $2,160 | $27,700 | $8,171 | $19,529 |
| 2014 | $2,160 | $27,400 | $4,618 | $22,782 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Kelley
-
Peter MacIntyre
Seller Co-Listing Agent in 2023
Peter MacIntyre
RE/MAX Michigan
(517) 256-6664
9 in this area
492 Total Sales
-
Jamie Bates
Buyer's Agent in 2023
Jamie Bates
RE/MAX Michigan
(517) 624-2729
3 in this area
336 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 263777
APN: 01-01-21-377-011
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.
IDX information is provided exclusively for Consumers'
personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2025 Greater Lansing Association of REALTORS®
Nearby Homes
- 202 Woodlawn Ave
- 1722 S Washington Ave
- 147 Isbell St
- 1723 Osband Ave
- 619 W Barnes Ave
- 1610 Beal Ave
- 511 W Mount Hope Ave
- 1800 Herbert St
- 1836 Osband Ave
- 1925 Forest Ave
- 1731 Herbert St
- 1928 Teel Ave
- 613 W Mount Hope Ave
- 2017 Teel Ave
- 506 Christiancy St
- 515 Jason Ct
- 1029 Clear St
- 1711 Ray St
- 1836 S Rundle Ave
- 1818 Ray St
- 225 Moores River Dr
- 221 Moores River Dr
- 222 W Barnes Ave
- 220 W Barnes Ave
- 205 Moores River Dr
- 301 Moores River Dr
- 216 W Barnes Ave Unit 1
- 216 W Barnes Ave
- 1616 Todd Ave
- 307 Moores River Dr
- 203 Moores River Dr
- 300 W Barnes Ave
- 212 W Barnes Ave
- 1610 Todd Ave
- 208 W Barnes Ave
- 304 W Barnes Ave
- 311 Moores River Dr
- 1604 Coleman Ave Unit 3
- 1604 Coleman Ave Unit 1