NOT LISTED FOR SALE

200 S Fairview Ave Lansing, MI 48912

Fairview Area Neighborhood

Estimated Value: $129,589 - $144,000

-- Bed
-- Bath
-- Sq Ft
5,576 Sq Ft Lot

Last Sold February 25, 2022

Last sale price $80,000

Est. 73% increase in value since last sale

Current estimated payment $769/month

21 Days on Market

About This Home

As of February 2022

Great Investment opportunity as a two unit multi-family dwelling, however could easily revert back to a single family home. Currently, one unit on second story, one unit on main floor. Both units have two bedrooms, and one bathroom. Roof, and drainage work around perimeter, as well as new driveway, has been done in the last couple of years. Both units can access the basement for laundry. Both current tenants have been there for over 10 years, have leases through 7/30/22, and would like to stay. Subject to tenant rights.

Last Agent to Sell the Property

Tabitha Cox

Howard Hanna Real Estate Executives License #6506048161 Listed on: 01/24/2022

Howard Hanna Real Estate Executives

Last Buyer's Agent

WMLAR Non Member

WMLAR NON MEMBER

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1918

Lot Details

  • 5,576

Parking

  • 2 Parking Spaces

Home Design

  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 5,576 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, water, trash collection, gas

Property Details

Home Type

Apartment

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1918
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 110000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5576.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water, Trash Collection, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4002.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2018
Closed on
Jan 11, 2019
Sold by
Sager Tommy R
Bought by
Schwartz Corbin and Stapleton Luann
Seller's Agent
Tammie Plaunt
EXIT Realty Select Partners
Buyer's Agent
Angela Averill
Century 21 Affiliated
List Price
$79,900
Sold Price
$85,000
Premium/Discount to List
$5,100
6.38%
Current Estimated Value
$138,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,647
Avg. Annual Appreciation
7.15%
Original Mortgage
$68,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 31, 1996
Sold by
Sager Chad D
Bought by
Sager Tommy R
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
Schwartz Corbin $85,000 Bell Title Agency
Sager Tommy R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien Patrick $60,000
Closed Schwartz Corbin $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $80,000 -27.3% --
01/24/2022 01/24/22 For Sale $110,000 +29.4% --
01/11/2019 01/11/19 Sold $85,000 +6.4% $56 / Sq Ft
11/05/2018 11/05/18 For Sale $79,900 -- $53 / Sq Ft
Source: Southwestern Michigan 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 $37 $68,700 $4,500 $64,200
2023 $4,232 $60,400 $4,500 $55,900
2022 $4,126 $52,700 $3,600 $49,100
2021 $4,031 $52,800 $4,400 $48,400
2020 $4,002 $48,700 $4,400 $44,300
2019 $3,333 $43,600 $4,400 $39,200
2018 $3,164 $41,400 $4,400 $37,000
2017 $3,044 $41,400 $4,400 $37,000
2016 $5,388 $40,700 $4,400 $36,300
2015 $5,388 $38,900 $8,827 $30,073
2014 $5,388 $38,000 $8,827 $29,173
Source: Public Records

Agents Affiliated with this Home

  • Tabitha Cox

    Seller's Agent in 2022

    Tabitha Cox

    Howard Hanna Real Estate Executives

    (231) 224-6105

    1 in this area

    54 Total Sales

    Tabitha Cox
    Section Image

  • W

    Buyer's Agent in 2022

    WMLAR Non Member

    WMLAR NON MEMBER

    1 in this area

    161 Total Sales

    WMLAR Non Member
    Section Image

  • T

    Seller's Agent in 2019

    Tammie Plaunt

    EXIT Realty Select Partners

    Section Image
  • Angela Averill

    Buyer's Agent in 2019

    Angela Averill

    Century 21 Affiliated

    (517) 712-5949

    2 in this area

    455 Total Sales

    Angela Averill
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22002263

Southwestern Michigan Association of REALTORS®

APN: 01-01-14-302-311

Michigan Ingham County Lansing 48912 Fairview Area

200 S Fairview Ave, Lansing, MI

This home is located at 200 S Fairview Ave, Lansing, MI 48912 since 24 January 2022 and is currently estimated at $138,647. This property was built in 1918. 200 S Fairview Ave is a home located in Ingham County with nearby schools including Pattengill Academy, Riddle Elementary School, 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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