NOT LISTED FOR SALE

213 S Pennsylvania Ave Lansing, MI 48912

Bingham Neighborhood

Estimated Value: $115,000 - $159,279

-- Bed
1 Bath
2,035 Sq Ft
$66/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $85,500 $42 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $756/month

23 Days on Market

About This Home

As of August 2020

Welcome to 209 and 213 S. Pennsylvania! Great location and amazing opportunity to generate income with these well-maintained multi-unit homes that must be sold together for $189,900! Conveniently located side-by-side on S. Pennsylvania, just one block south of Michigan avenue! Close to bus stops, Sparrow Hospital, pharmacy, and the stadium district. 209 has 5 units and is fully rented with a newer roof. 213 has 2 out of the 3 units rented, one needs some renovations, with plenty of parking in the rear.

Last Agent to Sell the Property

Stacy Bellgowan

Coldwell Banker Realty-Dewitt License #6501423690 Listed on: 07/06/2020

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 5,445 Sq Ft Lot
  • Lot Dimensions are 41.25x132

Parking

  • 4 Parking Spaces

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,035 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 3 Units
  • New Taxes Expense $2,554

Listing and Financial Details

  • Total Actual Rent $13,560

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Gross Rent: 13560.0
  • Misc Business Info Parking Surface: CONCRETE, GRAVEL
  • Tax Year: 2019
  • Registered Licenses for Unrelated Occupants: 1
  • Unit Information License Register Exp: 2020-08-01
  • Levels: Two
  • Year Built: 1905
  • Lot Size Acres: 0.13
  • Lot Size: 41.25x132
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2035.0
  • General Property Info:Lot Size Dimensions: 41.25x132
  • General Property Info:Above Grade Finished Area: 2035.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Tax Info:Taxes2: 2553.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: RESIDENTIAL/MULTI-FAMILY
  • General Property Info:_pound_ of Units: 3
  • Annual Inc Expense:Tax Expense2: 2553.88
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • 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: 5445.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1841

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Aug 7, 2020
Sold by
Schiedling Heather F and Schiedling Kenneth
Bought by
Leasage Kristie and Gerber Spencer
Seller's Agent
Stacy Bellgowan
Coldwell Banker Realty-Dewitt
Buyer's Agent
Non Member
Non Member Office
List Price
$90,000
Sold Price
$85,500
Premium/Discount to List
-$4,500
-5%
Current Estimated Value
$135,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,820
Avg. Annual Appreciation
10.46%
Source: Public Records

Range of Values:

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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
Leasage Kristie $85,500 Tri County Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lesage Kristie $110,000
Closed Lesage Kristie $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $85,500 -5.0% $42 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $90,000 -- $44 / 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 $33 $65,700 $3,900 $61,800
2023 $3,922 $53,100 $3,900 $49,200
2022 $3,593 $46,500 $3,200 $43,300
2021 $4,361 $41,100 $4,300 $36,800
2020 $2,634 $37,200 $4,300 $32,900
2019 $2,532 $35,600 $4,300 $31,300
2018 $2,412 $28,700 $4,300 $24,400
2017 $2,316 $28,700 $4,300 $24,400
2016 $2,224 $28,200 $4,300 $23,900
2015 $2,224 $27,600 $8,653 $18,947
2014 $2,224 $27,800 $9,085 $18,715
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Stacy Bellgowan

    Coldwell Banker Realty-Dewitt

  • N

    Buyer's Agent in 2020

    Non Member

    Non Member Office

See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 247107

Greater Lansing Association of Realtors®

APN: 01-01-15-329-031

Michigan Ingham County Lansing 48912 Bingham

213 S Pennsylvania Ave, Lansing, MI

This home is located at 213 S Pennsylvania Ave, Lansing, MI 48912 since 06 July 2020 and is currently estimated at $135,320, approximately $66 per square foot. This property was built in 1905. 213 S Pennsylvania Ave is a home located in Ingham County with nearby schools including Pattengill Academy, Riddle Elementary School, and Eastern Lansing High School.

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