NOT LISTED FOR SALE

1729 Maplewood Ave Lansing, MI 48910

Fabulous Acres Neighborhood

Estimated Value: $104,000 - $144,000

-- Bed
-- Bath
1,928 Sq Ft
$61/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $80,000 $41 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $661/month

53 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • 3-minute walk to Barb Dean Tot Lot

About This Home

As of August 2022

Welcome to this great opportunity in downtown Lansing, close to Lansing Community College, Colley Law School, and State of MI offices. This unique property can be utilized in a variety of ways! It is currently a duplex and you can rent out both units to make extra income. There is also the possibility of living on one side and renting the other, a way to help offset the costs of your mortgage payment, AND you can also convert back into a large single family residence! Once you own, the possibilities are endless. You will love Unit 1, currently located on the main level. This unit boasts beautiful hardwood floors, pocket doors and large newer windows! There is a mudroom, great living space, and access to the basement where there is a washer and dryer hookup! The upstairs unit , #2 has a mudroom, and balcony where you can enjoy outdoor living! This unit has a lot of windows, really allowing in all of the sunlight! And if the outdoors is fun for you, you will be pleasantly surprised having a nice corner lot, and also an attached 2 car garage! Don't miss out on your chance of Lansing Living, and schedule your tour today!

Last Agent to Sell the Property

Laura Guild

Keller Williams Realty Lansing License #6501386416 Listed on: 07/01/2022

Keller Williams Realty Lansing

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 6,273 Sq Ft Lot
  • Lot Dimensions are 66x94

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,928 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

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

Community Details

  • 2 Units
  • Reo Park Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Tax Year: 2020
  • Registered Licenses for Unrelated Occupants: rental
  • Levels: Two
  • Year Built: 1918
  • Lot Size Acres: 0.14
  • Lot Size: 66x94
  • Subdivision Name: REO Park
  • Above Grade Finished Sq Ft: 1928.0
  • General Property Info:Lot Size Dimensions: 66x94
  • General Property Info:Above Grade Finished Area: 1928.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 2208.0
  • Tax Info:Zoning3: Multi-Family
  • General Property Info:Building 1 Description: Lower unit #1
  • 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: Attached, Driveway
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • General Property Info:Parking Total: 2
  • Parking Features:Garage Spaces2: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: Other
  • 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: 6272.64
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 10, 2022
Sold by
Brett Dreyfus
Bought by
Megamorphosis Llc
Seller's Agent
Laura Guild
Keller Williams Realty Lansing
Buyer's Agent
Non Member
Non Member Office
List Price
$93,000
Sold Price
$80,000
Premium/Discount to List
-$13,000
-13.98%
Current Estimated Value
$118,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,097
Avg. Annual Appreciation
12.05%
Original Mortgage
$56,000
Outstanding Balance
$54,037
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$56,968

Purchase Details

Closed on
Sep 15, 2017
Sold by
Schertzing Eric
Bought by
Dreyfus Brett

Purchase Details

Closed on
Mar 1, 2011
Sold by
Draper Darren L
Bought by
Walker Clarence

Purchase Details

Closed on
Sep 19, 2008
Sold by
Household Finance Corporation Iii
Bought by
Draper Darren L

Purchase Details

Closed on
May 17, 2007
Sold by
Palumbo Daniel
Bought by
Household Financial Corp Iii

Purchase Details

Closed on
Mar 7, 2003
Sold by
Stay Robert V
Bought by
Palumbo Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
11.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2003
Sold by
Stay Robert V and Sohmer Ann
Bought by
Stay Robert V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
11.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 1997
Sold by
Sabrosky Gregory S and Sabrosky Penny
Bought by
Stay Robert
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
Megamorphosis Llc $80,000 --
Dreyfus Brett -- None Available
Walker Clarence $50,000 None Available
Household Financial Corp Iii $63,595 None Available
Palumbo Daniel $75,200 Transnation
Stay Robert V -- Trans
Stay Robert $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Megamorphosis Llc $56,000
Previous Owner Palumbo Daniel $107,100
Previous Owner Palumbo Daniel $89,600
Previous Owner Palumbo Daniel $75,200
Closed Walker Clarence $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2022 08/10/22 Sold $80,000 -14.0% $41 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $93,000 0.0% $48 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $93,000 -- $48 / 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 $39 $59,300 $4,600 $54,700
2023 $4,439 $52,600 $4,600 $48,000
2022 $2,262 $35,400 $3,900 $31,500
2021 $2,211 $31,600 $3,800 $27,800
2020 $2,194 $29,200 $3,800 $25,400
2019 $2,113 $26,600 $3,800 $22,800
2018 $2,009 $23,400 $3,800 $19,600
2017 $2,582 $23,400 $3,800 $19,600
2016 $9,035 $23,000 $3,800 $19,200
2015 $9,035 $22,400 $7,525 $14,875
2014 $9,035 $22,300 $5,788 $16,512
Source: Public Records

Agents Affiliated with this Home

  • Laura Guild

    Seller's Agent in 2022

    Laura Guild

    Keller Williams Realty Lansing

    (517) 231-7457

    5 in this area

    140 Total Sales

    Laura Guild
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    Non Member Office

See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 264555

Greater Lansing Association of Realtors®

APN: 01-01-21-460-076

Michigan Ingham County Lansing 48910 Fabulous Acres

1729 Maplewood Ave, Lansing, MI

This home is located at 1729 Maplewood Ave, Lansing, MI 48910 since 01 July 2022 and is currently estimated at $118,097, approximately $61 per square foot. This property was built in 1918. 1729 Maplewood Ave is a home located in Ingham County with nearby schools including Lyons Elementary School, Pattengill Academy, and Eastern Lansing High School.

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.

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