NOT LISTED FOR SALE

Estimated Value: $117,000 - $153,601

-- Bed
2 Baths
1,872 Sq Ft
$71/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $40,000 $21 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $746/month

124 Days on Market

About This Home

As of December 2019

Excellent investment opportunity! Main level 2 bed 1 bath and two 1 bed 1 bath units upstairs! Tenant currently in lower level. Contact for your showing today

Last Agent to Sell the Property

Patrick Ferris

Keller Williams Realty Lansing License #6501415866 Listed on: 09/19/2019

Last Buyer's Agent

Eli Abdalla

EXP Realty, LLC License #6501415335

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 5,968 Sq Ft Lot
  • Lot Dimensions are 39.4x151.3

Parking

  • 3 Parking Spaces

Home Design

  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property
  • Michigan Basement

Outdoor Features

  • Covered patio or porch

Utilities

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

Community Details

  • 3 Units
  • Rivercrest Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Tax Year: 2018
  • Levels: Two
  • Year Built: 1939
  • Lot Size Acres: 0.14
  • Lot Size: 39.4x151.3
  • Subdivision Name: Rivercrest
  • Above Grade Finished Sq Ft: 1872.0
  • General Property Info:Lot Size Dimensions: 39.4x151.3
  • General Property Info:Above Grade Finished Area: 1872.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Shingle Siding: Yes
  • Tax Info:Taxes2: 3004.22
  • Tax Info:Zoning3: Multi-Family
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 1901 Olds Ave
  • General Property Info:_pound_ of Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Covered
  • Construction Type: Shingle Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Parking Total: 3

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: Lansing

Lot Info

  • Lot Size Sq Ft: 5967.72
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Carrier Route: 1097

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Markovic Ashley
Bought by
Regle Chance
Current Estimated Value
$133,400

Purchase Details

Closed on
Sep 18, 2015
Sold by
Schertzing Eric
Bought by
Markovic Ashley

Purchase Details

Closed on
Aug 28, 2015
Sold by
Ingham County Land Bank Fast Track Au
Bought by
Ingham County Treasurer

Purchase Details

Closed on
Dec 31, 2012
Sold by
Ingham County
Bought by
Ingham County Land Bank Fast Track Autho

Purchase Details

Closed on
Dec 30, 2012
Sold by
Schertzing Eric
Bought by
County Of Ingham

Purchase Details

Closed on
Aug 21, 2003
Sold by
Herbert James L and Herbert Judith A
Bought by
Hagan Kerry D

Purchase Details

Closed on
Aug 11, 2003
Sold by
Smorra Adrienne M
Bought by
Hagan Kerry D
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 Buyer Sale Price Title Company
Regle Chance $40,000 None Available
Markovic Ashley $8,500 None Available
Ingham County Treasurer $133 --
Ingham County Land Bank Fast Track Autho -- None Available
County Of Ingham -- None Available
Hagan Kerry D $43,000 --
Hagan Kerry D -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Sold $40,000 +2.6% $21 / Sq Ft
11/26/2019 11/26/19 Pending -- -- --
11/08/2019 11/08/19 Price Changed $39,000 -13.3% $21 / Sq Ft
10/23/2019 10/23/19 Price Changed $45,000 -10.0% $24 / Sq Ft
07/25/2019 07/25/19 For Sale $50,000 -- $27 / 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 $34 $66,700 $5,400 $61,300
2023 $4,085 $57,600 $5,400 $52,200
2022 $3,730 $51,700 $5,800 $45,900
2021 $3,647 $47,400 $5,800 $41,600
2020 $3,862 $45,400 $5,800 $39,600
2019 $4,617 $41,100 $5,800 $35,300
2018 $2,917 $37,400 $5,800 $31,600
2017 $2,799 $37,400 $5,800 $31,600
2016 $284 $36,800 $5,800 $31,000
2015 $284 $11,689 $11,689 $0
2014 $284 $12,500 $12,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 239163

Greater Lansing Association of Realtors®

APN: 01-01-20-108-031