$49,000
SOLD APR 10, 2018
-- Bed
-- Bath
1,613 Sq Ft
6,795 Sq Ft Lot

Recently Sold

$30 Per Sq Ft

11% Below List Price

Highlights

  • 6 Car Detached Garage
  • Forced Air Heating System
  • 5-minute walk to Barb Dean Tot Lot

About This Home

As of October 2022

This home is located at 1615 S Cedar St, Lansing, MI 48910 and is currently priced at $49,000, approximately $30 per square foot. This property was built in 1916. 1615 S Cedar St is a home located in Ingham County with nearby schools including Lyons Elementary School, Pattengill Academy, and Eastern Lansing High School.

Last Agent to Sell the Property

Margaret Gerich

RE/MAX Real Estate Professionals License #650644295 Listed on: 04/10/2018

RE/MAX Real Estate Professionals

Last Buyer's Agent

Francis Vicente

EXIT Realty Home Partners License #6501375766

EXIT Realty Home Partners

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 6,795 Sq Ft Lot
  • Lot Dimensions are 50x135.95

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,613 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 6 Car Detached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Torrance Farm Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Tax Year: 2016
  • Misc Business Info Overall Building Siz: 1613
  • Levels: Two
  • Year Built: 1916
  • Lot Size Acres: 0.16
  • Lot Size: 50X135.95
  • Subdivision Name: Torrance Farm
  • Above Grade Finished Sq Ft: 1613.0
  • General Property Info:Lot Size Dimensions: 50X135.95
  • General Property Info:Above Grade Finished Area: 1613.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes
  • Tax Info:Taxes2: 1934.0
  • Tax Info:Zoning3: Rural Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: BUILDING ONE
  • General Property Info:_pound_ of Units: 2
  • 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
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Detached, Gravel
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:Detached: Yes
  • Misc Business Info:_pound_ Parking: 6
  • General Property Info:Parking Total: 6+

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • 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: 6795.36
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Benton Davontrae
Bought by
Jakdrapper Investments Llc
Current Estimated Value
$95,917

Purchase Details

Listed on
Oct 25, 2022
Closed on
Oct 20, 2022
Sold by
Ozel Volkan
Bought by
Benton Davontrae
Seller's Agent
Non Member
Non Member Office
Buyer's Agent
Connie Ferguson
Howard Hanna Real Estate Executives
List Price
$55,000
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.60%

Purchase Details

Listed on
Apr 10, 2018
Closed on
Mar 29, 2018
Sold by
Great Lakes Development
Bought by
Ozel Volkan and Ozel Ungun Gokce
Seller's Agent
Margaret Gerich
RE/MAX Real Estate Professionals
Buyer's Agent
Francis Vicente
EXIT Realty Home Partners
List Price
$55,000
Sold Price
$49,000
Premium/Discount to List
-$6,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.58%
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $55,000 --
Warranty Deed $49,000 Ata National Title Group Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Sold $55,000 0.0% $34 / Sq Ft
10/20/2022 10/20/22 Sold $55,000 0.0% $34 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/12/2022 09/12/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $55,000 -8.3% $34 / Sq Ft
09/06/2022 09/06/22 For Sale $60,000 +22.4% $37 / Sq Ft
04/10/2018 04/10/18 Sold $49,000 -10.9% $30 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $55,000 -- $34 / 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 $30 $46,100 $4,200 $41,900
2023 $3,522 $41,100 $4,200 $36,900
2022 $2,589 $38,300 $3,500 $34,800
2021 $2,530 $34,300 $3,300 $31,000
2020 $2,511 $31,700 $3,300 $28,400
2019 $4,001 $28,900 $3,300 $25,600
2018 $2,023 $24,600 $3,300 $21,300
2017 $1,945 $24,600 $3,300 $21,300
2016 $3,431 $24,200 $3,300 $20,900
2015 $3,431 $23,700 $6,518 $17,182
2014 $3,431 $23,700 $4,954 $18,746
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 224921

Greater Lansing Association of Realtors®

APN: 01-01-21-477-020