NOT LISTED FOR SALE

Estimated Value: $217,000 - $259,000

3 Beds
2 Baths
1,592 Sq Ft
$146/Sq Ft Est. Value

Sale Details

Date Sold: February 14, 2019

Last sale price $132,500 $83 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,545 / mo

6 Days on Market

Highlights

  • Forced Air Heating System
  • Leon W. Hayes Middle School Rated A-
  • High Speed Internet

About This Home

As of February 2019

Are you looking for an investment property right in the heart of Grand Ledge or a way to help make the mortgage with a little help from a renter?

This well maintained historical home has been transformed into two apartments each with their own furnace. Unit 1 has the larger floor plan with two bedrooms upstairs with a loft between them. The full bathroom is located on the main floor along with a spacious dining area, living room and larger kitchen with plenty of counter space . Unit 2 has a roomy loft above for the bedroom. The full bathroom, efficient kitchen and cozy living room are all downstairs. Both have convenient Laundry on the main floor. This home has been well taken care of and has lots of charm!
Please allow 24 hours notice as it is currently occupied with renter

Last Agent to Sell the Property

Sara Ridner

Zie Realty License #6501387233 Listed on: 01/07/2019

Last Buyer's Agent

Mark McCrumb

EXIT Realty Home Partners License #6501265432

EXIT Realty Home Partners

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 13,504 Sq Ft Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,592 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Shared Basement

Parking

  • 4 Parking Spaces
  • No Garage
  • Gravel Driveway

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 $18,300

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $2,040
  • Insurance Expense $1,324
  • Maintenance Expense $1,000
  • Water Sewer Expense $873
  • New Taxes Expense $3,157
  • Net Operating Income $9,906

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0.31 Acres

Listing Details

  • Property Type: Resid/Multi-Family
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1592.0
  • General Property Info:Lot Size Dimensions: undefinedxundefined
  • General Property Info:Above Grade Finished Area: 1592.0
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Exterior Entry, Full, Shared
  • Heating: Forced Air, Natural Gas
  • Levels: Two
  • Full Basement: Yes
  • Levels:Two2: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Shared2: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Vinyl Siding
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes

Garage/Parking

  • Parking Features: Gravel, No Garage
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:No Garage: Yes
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available, Cable Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Security Features:Smoke Detector(s): Yes

Schools

  • Junior High Dist: Grand Ledge

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size: undefinedxundefined
  • Lot Size Sq Ft: 13503.6
  • ResoLotSizeUnits: Acres
  • Land Acreage:Up to 14 Acre: Yes

Tax Info

  • Tax Carrier Route: 1049
  • Tax Info:Taxable Value: 51100.0
  • Tax Info:State Eq Value: 51100.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2019
Closed on
Feb 14, 2019
Sold by
Bought by
Seller's Agent
Sara Ridner
Zie Realty
Buyer's Agent
Mark McCrumb
EXIT Realty Home Partners
List Price
$139,900
Sold Price
$132,500
Premium/Discount to List
-$7,400
-5.29%
Current Estimated Value
$232,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,835
Avg. Annual Appreciation
7.81%
Original Mortgage
$106,000
Outstanding Balance
$91,479
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$140,856

Purchase Details

Closed on
May 15, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,661
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 28, 2013
Closed on
Mar 13, 2014
Sold by
Bought by
Seller's Agent
Ted Westfall
Coldwell Banker Professionals-Delta
Buyer's Agent
Agent Outside
Out Side Company
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$71,250
Interest Rate
4.24%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Grand Ledge, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$132,500 Bell Title Agency
$101,500 North Star Title
$95,000 North Star Title Insurance
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $106,000
Previous Owner $99,661
Previous Owner $71,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2019 02/14/19 Sold $132,500 -5.3% $83 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
01/05/2019 01/05/19 For Sale $139,900 +47.3% $88 / Sq Ft
03/14/2014 03/14/14 Sold $95,000 -4.9% $60 / Sq Ft View Prior Sale
12/02/2013 12/02/13 Pending -- -- --
08/28/2013 08/28/13 For Sale $99,900 -- $63 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,217 $87,000 $0 $0
2025 $2,140 $76,400 $0 $0
2024 $2,078 $71,100 $0 $0
2023 $1,951 $68,300 $0 $0
2022 $2,780 $62,900 $0 $0
2021 $2,662 $58,500 $0 $0
2020 $2,628 $56,100 $0 $0
2019 $2,354 $53,673 $0 $0
2018 $3,156 $51,100 $0 $0
2017 $3,141 $51,600 $0 $0
2016 $2,540 $50,400 $0 $0
2015 -- $46,600 $0 $0
2014 -- $45,200 $0 $0
2013 -- $44,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 233085

Greater Lansing Association of Realtors®

APN: 400-078-003-142-00

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