NOT LISTED FOR SALE

2016 Hamilton Rd Okemos, MI 48864

Estimated Value: $305,900 - $480,000

Studio
-- Bath
2,441 Sq Ft
$147/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $170,000 $70 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,454/month

302 Days on Market

Highlights

  • Covered Patio or Porch
  • Cornell Elementary School Rated A
  • Hot Water Heating System

About This Home

As of October 2016

A great investment opportunity in your back yard with strong potential as owner occupied or all four units rented. A rare 4 unit apartment in Okemos and close to MSU and major routes!! Over $24,000/year in income!!

Last Agent to Sell the Property

Jeffrey Peck

J.S. Peck Real Estate Listed on: 09/14/2015

Last Buyer's Agent

Joe Mullaney

RE/MAX Finest

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 0.29

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,441 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • Heating System Uses Wood
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Lot Dimensions are 71x170

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Tax Year: 13
  • Total Disposals: 2
  • Total Ovens: 4
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Levels: Two
  • Year Built: 1955
  • Lot Size: 71x170
  • Above Grade Finished Sq Ft: 2441.0
  • General Property Info:Lot Size Dimensions: 71x170
  • General Property Info:Above Grade Finished Area: 2441.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Tax Info:Taxes2: 4872.0
  • Tax Info:Zoning3: Multi-Family
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: N/A
  • General Property Info:_pound_ of Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished
  • Heating: Hot Water, Wood
  • Property Type: Resid/Multi-Family
  • Basement:Partially Finished: Yes

Exterior Features

  • Patio And Porch Features: Covered
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • General Property Info:Parking Total: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Wood2: Yes

Schools

  • Junior High Dist: Okemos

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2019
Sold by
Parsons Burton R and Parsons Dawn M
Bought by
Woodward Jason S
Current Estimated Value
$358,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,204
Outstanding Balance
$275,185
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$83,540

Purchase Details

Listed on
Sep 14, 2015
Closed on
Oct 10, 2016
Sold by
Haven Management Llc
Bought by
Parsons Burton R and Parsons Dawn M
Seller's Agent
Jeffrey Peck
J.S. Peck Real Estate
Buyer's Agent
Joe Mullaney
RE/MAX Finest
List Price
$197,000
Sold Price
$170,000
Premium/Discount to List
-$27,000
-13.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$100,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2015
Sold by
Song Robert
Bought by
Haven Property Management Llc

Purchase Details

Closed on
Jun 19, 2014
Sold by
Claflin Robin Roy
Bought by
Song Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2000
Sold by
Lyon Darlene D
Bought by
Claflin Beatrice A and Beatrice Claflin Trust #1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
8.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 1991
Bought by
Claflin and Claflin Lyon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Woodward Jason S $320,000 None Available
Parsons Burton R $170,000 Bell Title
Haven Property Management Llc -- None Available
Song Robert $130,000 Tri County Title Agency Llc
Claflin Beatrice A -- --
Claflin $69,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodward Jason S $314,204
Previous Owner Parsons Burton R $100,000
Previous Owner Song Robert $97,500
Previous Owner Claflin Beatrice A $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $170,000 -13.7% $70 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
09/14/2015 09/14/15 For Sale $197,000 -- $81 / Sq Ft
Source: Greater Lansing Association of Realtors®

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 $7,071 $130,600 $11,500 $119,100
2024 $6,660 $120,800 $11,200 $109,600
2023 $6,660 $110,200 $11,100 $99,100
2022 $6,342 $104,900 $10,200 $94,700
2021 $6,205 $99,000 $11,100 $87,900
2020 $6,116 $93,000 $11,100 $81,900
2019 $6,292 $92,000 $10,700 $81,300
2018 $6,011 $88,300 $9,100 $79,200
2017 $5,878 $88,000 $9,600 $78,400
2016 $2,437 $83,100 $9,700 $73,400
2015 $2,437 $80,200 $22,580 $57,620
2014 $2,437 $78,400 $21,465 $56,935
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jeffrey Peck

    J.S. Peck Real Estate

  • J

    Buyer's Agent in 2016

    Joe Mullaney

    RE/MAX Michigan

See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 74998

Greater Lansing Association of Realtors®

APN: 02-02-21-428-014

Michigan Ingham County Okemos 48864

2016 Hamilton Rd, Okemos, MI

Not Listed for Sale

MultiFamily

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