NOT LISTED FOR SALE

Estimated Value: $165,000 - $179,000

4 Beds
2 Baths
1,660 Sq Ft
$103/Sq Ft Est. Value

Last Sold January 02, 2019

Last sale price $96,500 $58 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $937/month

14 Days on Market

Highlights

  • Ranch Style House
  • 4 Car Attached Garage
  • High Speed Internet
  • Covered patio or porch
  • Forced Air Heating System

About This Home

As of January 2019

Two bedroom duplex in Colonial Village! Both sides have a living room, kitchen with dining area, 2 bedrooms, 1 full bath, mechanical/laundry room and 1 car attached garage. One side has been recently vacated and has new carpet and fresh paint. It is estimated that is should rent for $700/month. The other side has a tenant that has been there almost 2 years and has it leased through September 2019 at $650/month.

Last Agent to Sell the Property

Steve Osmar

RE/MAX Real Estate Professionals, Inc. West Listed on: 11/21/2018

Last Buyer's Agent

Angela Averill

Century 21 Affiliated License #6501312624

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 9,875 Sq Ft Lot
  • Lot Dimensions are 77x130.63

Parking

  • 4 Car Attached Garage

Home Design

  • 1,660 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Outdoor Features

  • Covered patio or porch

Utilities

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

Listing and Financial Details

  • Total Actual Rent $16,200

Community Details

Overview

  • 2 Units
  • Colonial Village Subdivision

Building Details

  • New Taxes Expense $2,888

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Gross Rent: 16200.0
  • Misc Business Info Construction Type: Frame
  • Misc Business Info Parking Surface: Paved
  • Misc Business Info Roof Type: Shingle
  • Tax Year: 2017
  • Misc Business Info Overall Building Siz: 1660
  • Levels: One
  • Year Built: 1959
  • Lot Size Acres: 0.23
  • Lot Size: 77x130.63
  • Subdivision Name: Colonial Village
  • Above Grade Finished Sq Ft: 1660.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 77x130.63
  • General Property Info:Above Grade Finished Area: 1660.0
  • Exterior:Aluminum Siding: Yes
  • Foundation Details:Slab: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Tax Info:Taxes2: 2888.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Tax Expense2: 2888.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Construction Type: Aluminum Siding, Brick
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available, 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: 9875.05
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2018
Closed on
Jan 2, 2019
Sold by
Empire Investments Of Michian Llc
Bought by
Eckert Michelle S and Eckert Barbara
Seller's Agent
Steve Osmar
RE/MAX Real Estate Professionals, Inc. West
Buyer's Agent
Angela Averill
Century 21 Affiliated
List Price
$89,500
Sold Price
$96,500
Premium/Discount to List
$7,000
7.82%
Current Estimated Value
$170,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,975
Avg. Annual Appreciation
10.13%
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
Eckert Michelle S $96,500 Ata National Title Groupllc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2019 01/02/19 Sold $96,500 +7.8% $58 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
11/21/2018 11/21/18 For Sale $89,500 -- $54 / 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 $38 $62,100 $15,000 $47,100
2023 $4,358 $58,000 $15,000 $43,000
2022 $3,983 $55,700 $14,200 $41,500
2021 $3,891 $50,900 $9,700 $41,200
2020 $3,863 $46,900 $9,700 $37,200
2019 $3,123 $42,200 $9,700 $32,500
2018 $2,965 $37,400 $9,700 $27,700
2017 $2,888 $37,400 $9,700 $27,700
2016 $2,988 $36,900 $9,700 $27,200
2015 $2,988 $36,500 $19,488 $17,012
2014 $2,988 $38,900 $14,616 $24,284
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 232267

Greater Lansing Association of Realtors®

APN: 01-01-29-126-031