NOT LISTED FOR SALE

Estimated Value: $216,000 - $339,000

2 Beds
4 Baths
2,752 Sq Ft
$102/Sq Ft Est. Value

Last Sold June 01, 2012

Last sale price $120,000 $44 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,803/month

77 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Forced Air Heating System

About This Home

As of June 2012

Wonderful opportunity to own an income property. Well maintained two unit brick duplex located at 2000-2004 wood street in Lansing. Fully leased, $1500 monthly rent income, tenant pays utilities. Lots of shopping and restaurants. Close to Eastwood Towne Center.

Last Agent to Sell the Property

Kimberly Bender

RE/MAX Real Estate Professionals, Inc. West License #6501 195 195 Listed on: 03/09/2012

RE/MAX Real Estate Professionals, Inc. West

Last Buyer's Agent

Jennifer Murdoch

Berkshire Hathaway HomeServices License #6501359435

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 0.28

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2,752 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Carport

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Tax Year: 11
  • Levels: One
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 2752.0
  • Architectural Style: Ranch
  • General Property Info:Above Grade Finished Area: 2752.0
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • General Property Info:ECO Friendly Features: No
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Tax Info:Taxes2: 4509.0
  • Tax Info:Zoning3: Residential
  • General Property Info:_pound_ of Units: 2
  • Water Heater:Electric Water Heater2: Yes
  • 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

  • Patio And Porch Features: Covered
  • Construction Type: Brick
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Carport
  • Attached Garage: No
  • Parking Features:Carport: Yes
  • General Property Info:Parking Total: 4

Utilities

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2019
Sold by
Cheng Jiancong
Bought by
Rdpd Properties Llc
Current Estimated Value
$279,573

Purchase Details

Listed on
Mar 9, 2012
Closed on
Jun 1, 2012
Sold by
Pnc Bank Na
Bought by
Cheng Jiancong
Seller's Agent
Kimberly Bender
RE/MAX Real Estate Professionals, Inc. West
Buyer's Agent
Jennifer Murdoch
Berkshire Hathaway HomeServices
List Price
$129,000
Sold Price
$120,000
Premium/Discount to List
-$9,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$90,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2008
Sold by
Spagnuolo Ralph J
Bought by
Spagnuolo Ralph J and Ralph J Spagnuolo Trust

Purchase Details

Closed on
Jan 1, 1997
Sold by
Spagnuolo John and Spagnuolo Thomasina
Bought by
Spagnuolo Ralph J
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
Rdpd Properties Llc $175,000 Title Resource Agency
Cheng Jiancong $120,000 Tri County
Spagnuolo Ralph J -- None Available
Spagnuolo Ralph J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheng Jiancong $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2012 06/01/12 Sold $120,000 -7.0% $44 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
03/09/2012 03/09/12 For Sale $129,000 -- $47 / 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 $9,092 $119,300 $20,800 $98,500
2024 $8,551 $122,200 $20,800 $101,400
2023 $8,551 $115,800 $20,800 $95,000
2022 $7,799 $101,300 $17,700 $83,600
2021 $7,618 $96,100 $17,100 $79,000
2020 $7,565 $94,700 $17,100 $77,600
2019 $5,421 $95,600 $17,100 $78,500
2018 $5,139 $81,400 $17,100 $64,300
2017 $4,947 $81,400 $17,100 $64,300
2016 $4,750 $70,400 $17,100 $53,300
2015 $4,750 $67,700 $34,173 $33,527
2014 $4,750 $65,800 $34,173 $31,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 35022

Greater Lansing Association of Realtors®

APN: 01-01-02-352-051