NOT LISTED FOR SALE

Estimated Value: $106,000 - $113,000

Studio
2 Baths
1,336 Sq Ft
$81/Sq Ft Est. Value

Sale Details

Date Sold: March 4, 2024

Last sale price $82,500 $62 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $697 / mo

3 Days on Market

Highlights

  • Boat Slip
  • Colonial Architecture
  • Covered Patio or Porch
  • 0.96 Acre Lot
  • Wood Flooring
  • Balcony

About This Home

As of March 2024

Welcome to this charming duplex nestled on Mt. Hope in Lansing. Fully licensed with the city, this property offers an ideal investment opportunity. The first floor exudes character with its beautiful hardwood floors, built in drawers for extra storage space, and a cozy fireplace. Additional storage space awaits in the basement with two large extra rooms. Upstairs, find a cozy living area with a spacious kitchen and a quaint living room - complemented by a large balcony for extra enjoyment.

Parking is accessed from the alley off Teel St behind the house.

Last Agent to Sell the Property

Kim Laforet

RE/MAX Real Estate Professionals Listed on: 02/16/2024

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 41,818 Sq Ft Lot
  • Lot Dimensions are 33x127

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,336 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • Alley Access

Outdoor Features

  • Boat Slip
  • Balcony
  • Covered Patio or Porch

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • 2 Units
  • Reo Park Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0.96 Acres

Listing Details

  • Property Type: Resid/Multi-Family
  • Year Built: 1914
  • Above Grade Finished Sq Ft: 1336.0
  • Architectural Style: Colonial
  • General Property Info:Lot Size Dimensions: 33x127
  • General Property Info:Above Grade Finished Area: 1336.0
  • Architectural Style:Colonial: Yes
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walk-Up Access
  • Heating: Forced Air
  • Flooring: Carpet, Hardwood
  • Levels: Two
  • Full Basement: Yes
  • Levels:Two2: Yes
  • Laundry Features:In Basement: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Basement:Walk-Up Access: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Balcony
  • Patio And Porch Features: Covered, Front Porch
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Front Porch: Yes
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes
  • Exterior Features:Balcony2: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features: Alley Access
  • Attached Garage: No
  • Parking Features:Alley Access: Yes
  • General Property Info:Parking Total: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: In Basement
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:None8: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Acres: 0.96
  • Lot Size: 33x127
  • Lot Size Sq Ft: 41817.6
  • ResoLotSizeUnits: Acres
  • Land Acreage:Up to 14 Acre: Yes

Multi Family

  • Unit Information License Register Exp: 2024-08-01
  • Number Of Units Total: 2

Tax Info

  • Tax Carrier Route: 9157
  • Tax Info:Taxable Value: 28234.0
  • Tax Info:State Eq Value: 39700.0

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
Feb 16, 2024
Closed on
Mar 4, 2024
Sold by
Bought by
Seller's Agent
Kim Laforet
RE/MAX Real Estate Professionals
List Price
$68,500
Sold Price
$82,500
Premium/Discount to List
$14,000
20.44%
Views
9
Current Estimated Value
$108,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,116
Avg. Annual Appreciation
12.76%

Purchase Details

Listed on
Jul 8, 2016
Closed on
Sep 8, 2016
Sold by
Bought by
Seller's Agent
Kim Laforet
Coldwell Banker Professionals-Delta
Buyer's Agent
Kim Laforet
RE/MAX RE Professionals Okemos
List Price
$70,000
Sold Price
$65,000
Premium/Discount to List
-$5,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.23%
Original Mortgage
$48,750
Interest Rate
3.43%
Mortgage Type
New Conventional
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

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
$82,500 Greater Lansing Title
$65,000 None Available
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
Previous Owner $48,750
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
03/04/2024 03/04/24 Sold $82,500 +20.4% $62 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $68,500 +5.4% $51 / Sq Ft
09/08/2016 09/08/16 Sold $65,000 -7.1% $49 / Sq Ft View Prior Sale
08/02/2016 08/02/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $70,000 -- $52 / 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
2025 $4,123 $59,000 $2,700 $56,300
2024 $21 $44,800 $2,700 $42,100
2023 $2,496 $39,700 $2,700 $37,000
2022 $2,288 $37,000 $2,200 $34,800
2021 $2,236 $32,800 $2,100 $30,700
2020 $2,219 $30,100 $2,100 $28,000
2019 $2,137 $27,300 $2,100 $25,200
2018 $2,032 $24,100 $2,100 $22,000
2017 $1,953 $24,100 $2,100 $22,000
2016 $1,865 $23,600 $2,100 $21,500
2015 $1,865 $23,000 $4,158 $18,842
2014 $1,865 $23,300 $3,160 $20,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 278648

Greater Lansing Association of Realtors®

APN: 01-01-21-457-013

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