NOT LISTED FOR SALE

214 E Elm St Lansing, MI 48910

Reo Town Neighborhood

Estimated Value: $132,000 - $174,000

-- Bed
4 Baths
2,064 Sq Ft
$73/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $70,000 $34 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,146/month

Highlights

  • 0.26 Acre Lot
  • Forced Air Heating System
  • 2-minute walk to Riverpoint Park

About This Home

As of August 2017

This home is located at 214 E Elm St, Lansing, MI 48910 since 31 August 2017 and is currently estimated at $151,266, approximately $73 per square foot. This property was built in 1916. 214 E Elm St is a home located in Ingham County with nearby schools including Riddle Elementary School, Pattengill Academy, and J.W. Sexton High School.

Last Agent to Sell the Property

Robert Dowding

Keller Williams Realty Lansing License #6050646378 Listed on: 08/31/2017

Keller Williams Realty Lansing

Last Buyer's Agent

Brent Forsberg

Forsberg Real Estate Company License #6502376887

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 0.26 Acre Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,064 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Utilities

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

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Tax Year: 2017
  • Levels: Two
  • Year Built: 1916
  • Lot Size Acres: 0.26
  • Lot Size: 0.257
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2064.0
  • General Property Info:Lot Size Dimensions: 0.257
  • General Property Info:Above Grade Finished Area: 2064.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes
  • Tax Info:Taxes2: 2722.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: Apartments
  • General Property Info:_pound_ of Units: 4
  • Water Heater:Electric Water Heater2: Yes
  • 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
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • 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: 11194.92
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1684

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2024
Sold by
Reo Town Holdings Llc and Reo Town Holding Llc
Bought by
Reo Town Holding Llc
Current Estimated Value
$151,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$494,342
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$343,076

Purchase Details

Listed on
Aug 31, 2017
Closed on
Aug 31, 2017
Sold by
Brown Melvin
Bought by
Reo Town Holdings Llc
Seller's Agent
Robert Dowding
Keller Williams Realty Lansing
Buyer's Agent
Brent Forsberg
Forsberg Real Estate Company
List Price
$84,900
Sold Price
$70,000
Premium/Discount to List
-$14,900
-17.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%

Purchase Details

Closed on
Oct 3, 2002
Sold by
Duncan Samuel and Duncan Bonita
Bought by
Brown Melvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
6.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 2002
Sold by
Grimwood Robert M and Grimwood Ilene
Bought by
Morgan Lester J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
6.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 2002
Sold by
Morgan Lester J
Bought by
Duncan Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
6.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2001
Sold by
Morgan Lester J
Bought by
Duncan Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
10%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Reo Town Holding Llc -- Transnation Title
Reo Town Holdings Llc $70,000 None Available
Brown Melvin $84,000 Midstate Title Company
Morgan Lester J -- Midstate Title Company
Duncan Samuel $60,000 --
Duncan Samuel $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reo Town Holding Llc $500,000
Previous Owner Brown Melvin $75,600
Previous Owner Duncan Samuel $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2017 08/31/17 Sold $70,000 -17.6% $34 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
08/30/2017 08/30/17 For Sale $84,900 -- $41 / 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
2025 $4,091 $66,800 $22,400 $44,400
2024 $35 $73,600 $22,400 $51,200
2023 $3,844 $72,800 $22,400 $50,400
2022 $3,498 $57,600 $11,200 $46,400
2021 $3,424 $55,200 $11,200 $44,000
2020 $3,469 $54,400 $11,200 $43,200
2019 $4,811 $43,000 $8,400 $34,600
2018 $3,903 $43,600 $8,400 $35,200
2017 $2,748 $43,600 $8,400 $35,200
2016 $2,639 $41,900 $8,400 $33,500
2015 $2,639 $40,400 $16,770 $23,630
2014 $2,639 $38,700 $16,770 $21,930
Source: Public Records

Agents Affiliated with this Home

  • Robert Dowding

    Seller's Agent in 2017

    Robert Dowding

    Keller Williams Realty Lansing

    (517) 819-6091

    116 Total Sales

    Robert Dowding
    Section Image
  • Brent Forsberg

    Buyer's Agent in 2017

    Brent Forsberg

    Forsberg Real Estate Company

    (517) 349-9330

    7 Total Sales

    Brent Forsberg
    Section Image
See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 219610

Greater Lansing Association of Realtors®

APN: 01-01-21-258-140

Michigan Ingham County Lansing 48910 Reo Town

214 E Elm St, Lansing, MI

This home is located at 214 E Elm St, Lansing, MI 48910 since 31 August 2017 and is currently estimated at $151,266, approximately $73 per square foot. This property was built in 1916. 214 E Elm St is a home located in Ingham County with nearby schools including Riddle Elementary School, Pattengill Academy, and J.W. Sexton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lansing Association of Realtors® IDX information is provided exclusively for Consumers'
personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2025 Greater Lansing Association of REALTORS®

Nearby Homes