NOT LISTED FOR SALE

2001 - 2003 Devonshire Ave Lansing, MI 48910

Clifford Park Neighborhood

Estimated Value: $190,000 - $195,930

-- Bed
3 Baths
1,508 Sq Ft
$128/Sq Ft Est. Value

Last Sold June 27, 2017

Last sale price $109,900 $73 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,032/month

60 Days on Market

Highlights

  • Covered patio or porch
  • Parking Storage or Cabinetry
  • High Speed Internet
  • 4 Car Detached Garage
  • Forced Air Heating System
  • Wood Siding

About This Home

As of June 2017

Ideal owner occupied and let the tenant help make your house payment. Updated and move-in condition. Each side has one bedroom and full bath upstairs with abundance of closet space and built-in drawers. Half bath on first level in both units. All appliances stay including washers and dryers. 2001 has a sunroom, hardwood floors throughout, gas fireplace, and finished rec room in lower level. High efficiency furnace and H2O heater on both sides. 2003 has carpet over hardwood in the living room, wood burning fireplace, and finished rec room in lower level. Two car garage is shared by both tenants and drive has ample parking for four more cars. Quiet residential neighborhood with easy access to I496, downtown and MSU. Always rented with long term tenants.

Last Agent to Sell the Property

Joyce Wiesinger

Coldwell Banker Professionals -Okemos License #6502353086 Listed on: 03/04/2017

Coldwell Banker Professionals -Okemos

Last Buyer's Agent

Gary Newton

RE/MAX Real Estate Professionals License #6506045750

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 67.5x78.13

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3 Bathrooms
  • 1,508 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • 4 Car Detached Garage
  • Parking Storage or Cabinetry

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $15,000

Community Details

Overview

  • 2 Units
  • Devonshire Subdivision

Building Details

  • Insurance Expense $1,257
  • Maintenance Expense $1,000
  • New Taxes Expense $3,885
  • Operating Expense $6,142
  • Net Operating Income $9,458

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Gross Rent: 15000.0
  • Net Income: 9458.0
  • Total Expense: 6142.0
  • Misc Business Info Parking Surface: concrete
  • Misc Business Info Roof Type: shingle
  • Tax Year: 2016
  • Total Dishwashers: 2
  • Total Disposals: 2
  • Total Dryers: 2
  • Total Microwaves: 2
  • Total Ranges: 2
  • Total Refrigerators: 3
  • Total Washers: 2
  • Levels: One and One Half
  • Year Built: 1942
  • Lot Size Acres: 0.13
  • Lot Size: 67.5x78.13
  • Subdivision Name: Devonshire
  • Above Grade Finished Sq Ft: 1508.0
  • General Property Info:Lot Size Dimensions: 67.5x78.13
  • General Property Info:Above Grade Finished Area: 1508.0
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One and One Half: Yes
  • Exterior:Brick: Yes
  • Exterior:Wood Siding: Yes
  • Tax Info:Taxes2: 3885.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: DUPLEX
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Insurance4: 1257.0
  • Annual Inc Expense:Tax Expense2: 3885.0
  • Annual Inc Expense:Maintenance3: 1000.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: Detached, Overhead Storage, Joint
  • Attached Garage: No
  • Parking Features:Overhead Storage: Yes
  • Parking Features:Detached: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • SecurityFeatures: Smoke Detector(s)
  • Utilities: High Speed Internet Available, Cable Available
  • 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: 5662.8
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1257.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 9458.0

Tax Info

  • New Taxes Expense: 3885.0
  • Tax Carrier Route: 3542

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2020
Sold by
Gray Albert J
Bought by
Smith Kortney L
Current Estimated Value
$187,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Outstanding Balance
$93,200
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$90,909

Purchase Details

Listed on
Mar 4, 2017
Closed on
Jun 27, 2017
Sold by
Weisinger Earl W and Weisinger Joyce A
Bought by
Gray Albert J
Seller's Agent
Joyce Wiesinger
Coldwell Banker Professionals -Okemos
Buyer's Agent
Gary Newton
RE/MAX Real Estate Professionals
List Price
$114,900
Sold Price
$109,900
Premium/Discount to List
-$5,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$87,920
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 19, 2003
Sold by
Ayling Robert R and Ayling Etta E
Bought by
Wiesinger Earl W and Wiesinger Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 1999
Sold by
Housel Wendell C and Baker Ronald
Bought by
Ayling Robert R and Ayling Etta E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage
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
Smith Kortney L $116,000 Transnation Title Agency
Gray Albert J $109,900 None Available
Wiesinger Earl W $130,000 Bell Title Company
Ayling Robert R $95,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Kortney L $104,000
Previous Owner Gray Albert J $87,920
Previous Owner Wiesinger Earl W $40,000
Previous Owner Ayling Robert R $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2017 06/27/17 Sold $109,900 -4.4% $73 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $114,900 -- $76 / 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 $47 $92,700 $12,000 $80,700
2023 $5,354 $81,300 $12,000 $69,300
2022 $4,862 $70,900 $12,200 $58,700
2021 $4,755 $66,400 $9,800 $56,600
2020 $4,368 $65,700 $9,800 $55,900
2019 $4,736 $61,200 $9,800 $51,400
2018 $4,490 $57,200 $9,800 $47,400
2017 $3,928 $57,200 $9,800 $47,400
2016 $3,772 $53,700 $9,800 $43,900
2015 $3,772 $51,400 $19,519 $31,881
2014 $3,772 $49,800 $22,772 $27,028
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Joyce Wiesinger

    Coldwell Banker Professionals -Okemos

    Section Image
  • Gary Newton

    Buyer's Agent in 2017

    Gary Newton

    RE/MAX Michigan

    (517) 410-8307

    9 in this area

    704 Total Sales

    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 213582

Greater Lansing Association of Realtors®

APN: 01-01-27-132-001

Michigan Ingham County Lansing 48910 Clifford Park

2001 - 2003 Devonshire Ave, Lansing, MI

This home is located at 2001 - 2003 Devonshire Ave, Lansing, MI 48910 since 04 March 2017 and is currently estimated at $193,233, approximately $128 per square foot. This property was built in 1942. 2001 - 2003 Devonshire Ave is a home located in Ingham County with nearby schools including Lyons Elementary School, Pattengill Academy, and Eastern Lansing High School.

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