Estimated payment $1,446/month
Highlights
- Ranch Style House
- Corner Lot
- 2 Car Attached Garage
- Ovid-Elsie High School Rated 10
- Covered patio or porch
- Storm Windows
About This Home
Sharp updated two unit condo with over 2200 sq. ft. These units are ready to be rented out and should rent for $1050 or more a month. Tenants pay all utilities. There is separate water, gas and electricity. This home is located near grocery store and shopping.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,590
Year Built
- Built in 1986
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 240x90.75
- Corner Lot
- Pie Shaped Lot
- Level Lot
- Few Trees
- Back and Front Yard
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
- Driveway
- Additional Parking
Home Design
- Ranch Style House
- Block Foundation
- Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 4,288 Sq Ft Home
- Crawl Space
Flooring
- Carpet
- Linoleum
- Laminate
Laundry
- Laundry Room
- Laundry on main level
- Washer and Electric Dryer Hookup
Home Security
- Storm Windows
- Fire and Smoke Detector
Schools
- Ee Knight Elementary School
Utilities
- No Cooling
- Central Heating
- Heating System Uses Natural Gas
- 100 Amp Service
- Gas Water Heater
- Cable TV Available
Additional Features
- Central Living Area
- Covered patio or porch
- City Lot
Community Details
Overview
- 2 Units
- Meriam Subdivision
Building Details
- Insurance Expense $1,476
- Maintenance Expense $500
- New Taxes Expense $3,558
- Net Operating Income $19,666
Map
Home Values in the Area
Average Home Value in this Area
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 | $858 | $78,900 | $6,900 | $72,000 |
| 2023 | $813 | $74,400 | $0 | $0 |
| 2022 | $3,190 | $67,100 | $6,900 | $60,200 |
| 2021 | $3,238 | $63,300 | $6,200 | $57,100 |
| 2020 | $4,009 | $63,800 | $6,500 | $57,300 |
| 2019 | $2,221 | $50,300 | $6,500 | $43,800 |
| 2018 | $2,169 | $50,300 | $6,500 | $43,800 |
| 2017 | -- | $50,100 | $7,500 | $42,600 |
| 2016 | -- | $50,100 | $7,500 | $42,600 |
| 2015 | -- | $54,600 | $0 | $0 |
| 2011 | -- | $45,200 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2025 06/03/25 | For Sale | $190,000 | -- | $44 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Liberty Title | |
| Warranty Deed | $127,000 | -- | |
| Warranty Deed | $95,000 | First Amer Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $112,000 | Seller Take Back |
Source: Greater Lansing Association of Realtors®
MLS Number: 288642
APN: 061-172-000-031-00
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