NOT LISTED FOR SALE

Estimated Value: $141,000 - $197,895

4 Beds
2 Baths
2,605 Sq Ft
$64/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2018

Last sale price $75,000 $29 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,176 / mo

53 Days on Market

Highlights

  • 0.45 Acre Lot
  • Wood Siding
  • 3-minute walk to Cherry Hill Park
  • Forced Air Heating System

About This Home

As of May 2018

WOW! If you seek charm & character in a home, you will love this extraordinary 2,605 home in Historical area of downtown Lansing with beautiful, original hardwood floors, wide trim throughout, some stain glass,lead windows, high ceilings, 1st floor Living Room w/ 10 ft high doors, corbels adding more details, 4 amazing, custom, ornate fireplaces, curved walls in Foyers of home great for office area. This would make a fabulous owner occupied with rental as it is currently set up as a 2-unit but certainly can be turned back into single family home if desired. Located near the hustle and bustle of downtown, shopping, Cooley Law School Stadium, LCC, Davenport, restaurants, river walk, park and just minutes to the expressway & MSU! Tenants pay utilities and units rent for $750.00 month. 1. unencumbered parking for 6 or more cars
2. more income possible in renting parking spots
3. room to build garage(had one before)
4. make a good professional office with living quarters, especially attorney with proximity to courthouse
5.owner occupied on east side of home and dental office the other(very unlikely to have loud music or noise pollution)

Last Agent to Sell the Property

June Rochon

Real Estate One 1st License #6501294525 Listed on: 03/19/2018

Real Estate One 1st

Last Buyer's Agent

Nicole Reimer

EXP Realty - Lansing License #6501393858

EXP Realty - Lansing

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1888

Lot Details

  • 19,602 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • Wood Siding
  • Stucco

Interior Spaces

  • 2,605 Sq Ft Home
  • 2-Story Property
  • Michigan Basement

Parking

  • 6 Parking Spaces
  • Dirt Driveway

Utilities

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

Community Details

  • 2 Units
  • New Taxes Expense $2,503

Property Details

Home Type

Multi-Family

Year Built

Built in 1888

Lot Details

0.45 Acres

Listing Details

  • Property Type: Resid/Multi-Family
  • Year Built: 1888
  • Above Grade Finished Sq Ft: 2605.0
  • General Property Info:Lot Size Dimensions: 66x132
  • General Property Info:Above Grade Finished Area: 2605.0
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan
  • Heating: Forced Air, Natural Gas
  • Levels: Two
  • Basement:Michigan: Yes
  • Levels:Two2: Yes

Exterior Features

  • Construction Type: Stucco, Wood Siding
  • Exterior:Wood Siding: Yes
  • Exterior:Stucco: Yes

Garage/Parking

  • Parking Features: Dirt
  • Attached Garage: No
  • Parking Features:Dirt3: Yes
  • Misc Business Info:_pound_ Parking: 6
  • General Property Info:Parking Total: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Sewer:Public Sewer: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Acres: 0.45
  • Lot Size: 66x132
  • Lot Size Sq Ft: 19602.0
  • ResoLotSizeUnits: Acres
  • Land Acreage:_one_4 thru 12 Acre: Yes

Tax Info

  • Tax Info:Taxable Value: 33004.0
  • Tax Info:State Eq Value: 36900.0

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
Mar 19, 2018
Closed on
May 31, 2018
Sold by
Tan Yip
Bought by
Seller's Agent
June Rochon
Real Estate One 1st
Buyer's Agent
Nicole Reimer
EXP Realty - Lansing
List Price
$81,900
Sold Price
$75,000
Premium/Discount to List
-$6,900
-8.42%
Current Estimated Value
$167,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,224
Avg. Annual Appreciation
10.18%
Original Mortgage
$63,750
Outstanding Balance
$48,430
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$118,794

Purchase Details

Closed on
Aug 5, 1999
Sold by
L A Davidson Real Estate Corp
Bought by
Tan Yip
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Lansing, 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
$75,000 Transnation Title Agency
Tan Yip $50,000 --
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 $63,750
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
05/31/2018 05/31/18 Sold $75,000 -8.4% $29 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $81,900 -- $31 / 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 $3,078 $84,100 $6,400 $77,700
2025 $2,502 $77,500 $7,400 $70,100
2024 $24 $59,000 $7,400 $51,600
2023 $2,807 $50,300 $7,400 $42,900
2022 $2,549 $46,000 $5,900 $40,100
2021 $2,493 $41,100 $7,800 $33,300
2020 $2,476 $40,400 $7,800 $32,600
2019 $0 $40,100 $7,800 $32,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 223815

Greater Lansing Association of Realtors®

APN: 01-01-16-459-132

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