NOT LISTED FOR SALE

1856 Coolidge Rd East Lansing, MI 48823

Estimated Value: $375,000 - $448,059

6 Beds
2 Baths
2,448 Sq Ft
$166/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $237,500 $97 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,841/month

49 Days on Market

Highlights

  • Covered Patio or Porch
  • 6 Car Attached Garage
  • Fenced
  • Green Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of November 2019

Beautifully updated duplex, licensed for 6 tenants ( 3 BR per side). One unit features stainless appliances, quartz counter tops, gas range and recessed lighting. Sisal carpeting in living areas and ceramic tile foyer. Bathroom is FABULOUS with large ceramic tile and huge walk in glass shower! Pass through bath to bedroom and large walk in closet. Each unit has separate sliders that lead out to a peaceful privacy fenced in yard, deck and patio. Basement has washer and dryer and loads of additional storage room. Long term ( 22 years) tenant in Unit #1856). Great location, near Eastwood Towne Center and Meijers/ MSU and highways. Tenant occupied and showings must be booked in advance. No persons allowed on property without licensed Agent. Great investment property~!

Last Agent to Sell the Property

Terry Chapman

Coldwell Banker Professionals-E.L. License #6506046191 Listed on: 09/09/2019

Last Buyer's Agent

Dominic Lee

RE/MAX Real Estate Professionals License #6506048106

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 82.5x160
  • Fenced

Parking

  • 6 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,448 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Total Actual Rent $2,350

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Gross Rent: 2350.0
  • Tax Year: 2018
  • Levels: Two
  • Year Built: 1972
  • Lot Size Acres: 0.3
  • Lot Size: 82.5x160
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2448.0
  • General Property Info:Lot Size Dimensions: 82.5x160
  • General Property Info:Above Grade Finished Area: 2448.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Exterior:Brick: Yes
  • Fencing:Fenced: Yes
  • Exterior:Stucco: Yes
  • Tax Info:Taxes2: 6503.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 2 STORY
  • 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
  • Fencing: Fenced
  • Patio And Porch Features: Covered
  • Construction Type: Brick, Stucco
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • Parking Features: Attached
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • General Property Info:Parking Total: 6

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 13198.68
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Carrier Route: 1714

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Nov 8, 2019
Sold by
Stange Trevor
Bought by
Albert Troy W and Albert Sarah R
Seller's Agent
Terry Chapman
Coldwell Banker Professionals-E.L.
Buyer's Agent
Dominic Lee
RE/MAX Real Estate Professionals
List Price
$245,000
Sold Price
$237,500
Premium/Discount to List
-$7,500
-3.06%
Current Estimated Value
$405,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,186
Avg. Annual Appreciation
9.47%
Original Mortgage
$178,125
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2008
Sold by
Reichenbach James W and Reichenbach Melissa
Bought by
Reichenbach Llc
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
Albert Troy W $237,500 Tri County Title Agency Llc
Reichenbach Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Albert Troy W $178,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2019 11/08/19 Sold $237,500 -3.1% $97 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $245,000 -- $100 / 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
2025 $8,186 $119,300 $37,900 $81,400
2024 $7,057 $116,600 $35,500 $81,100
2023 $7,057 $105,000 $34,000 $71,000
2022 $6,752 $91,600 $30,400 $61,200
2021 $6,658 $89,300 $26,200 $63,100
2020 $6,672 $89,300 $26,700 $62,600
2019 $6,727 $91,600 $26,900 $64,700
2018 $6,499 $91,600 $23,600 $68,000
2017 $6,504 $91,600 $24,500 $67,100
2016 -- $95,300 $23,600 $71,700
2015 -- $90,700 $44,980 $45,720
2014 -- $86,400 $44,098 $42,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 240635

Greater Lansing Association of Realtors®

APN: 20-01-12-100-022