Mohamed Abukar
EXP Realty, LLC
(517) 816-9164
99 Total Sales
2 in Moores Park
$85K - $143K Price Range
220 Smith Ave Lansing, MI 48910
Moores Park NeighborhoodEstimated Value: $229,911
7
Beds
4
Baths
3,027
Sq Ft
$76/Sq Ft
Est. Value
About This Home
As of April 2025PHENOMENAL INVESTMENT OPPORTUNITY! Calling all Lansing area new or seasoned investors - 4X's the Income - This one is not to miss! This sought-after 4-unit provides GREAT IMMEDIATE INCOME. Rents total approximately $3,705 per month currently with potential room for growth. Approximately 30K in updates in 2023 including windows, flooring, and roof. PHENOMENAL INVESTMENT OPPORTUNITY! All units are rented and all are ready to go! COL Certified, plus Section 8 Approved. All units have individual furnaces. Convienently located new highways, public transport, Downtown Lansing, and not far from MSU Campus & Sparrow. This property is part of a multi-unit portfolio with diverse income potential. ALL PROPERTY RENTS CURRENTLY TOTAL $10,043/MO * 220 Smith: 4 UNIT- 3; 2; 1& 1BR * 131 S Hosmer: 3 UNIT- 2; 1 & 1BR * 1219 N Washington: 3 UNIT- 1; 1BR & Studio * 1223 N Washington: 2 UNIT- 2 & 1BR. Properties can be sold individually or as a full portfolio. ALL units are already rented. Please allow at least 24 hours to schedule showings due to tenant's notice. Financials available upon request.
Last Agent to Sell the Property
Five Star Real Estate - Lansing License #6501405038 Listed on: 12/27/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1912
Lot Details
- 9,148 Sq Ft Lot
Parking
- 8 Car Garage
- Driveway
- Off-Street Parking
Home Design
- Vinyl Siding
Interior Spaces
- 3,027 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 4 Units
- Park Place Subdivision
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
Dec 27, 2024
Closed on
Apr 25, 2025
Sold by
For The 5 Llc
Bought by
Seller's Agent
Amber Redman
Five Star Real Estate - Lansing
List Price
$255,000
Sold Price
$235,500
Premium/Discount to List
-$19,500
-7.65%
Views
69
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,589
Avg. Annual Appreciation
-1.71%
Original Mortgage
$188,400
Outstanding Balance
$185,820
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$44,091
Purchase Details
Listed on
Nov 15, 2022
Closed on
Mar 23, 2023
Sold by
Jere Owen Llc
Bought by
5 Llc
Seller's Agent
Gary Naeyaert
EXIT Realty Home Partners
Buyer's Agent
Non Member
Non Member Office
List Price
$200,000
Sold Price
$195,000
Premium/Discount to List
-$5,000
-2.5%
Views
89
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%
Original Mortgage
$146,250
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 18, 2009
Sold by
Walz Jo Anne J
Bought by
Jere Owen Llc
Purchase Details
Closed on
Sep 18, 2008
Sold by
Waite James C and Schlattman Walte
Bought by
Walz Jo Anne J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 4, 2005
Sold by
Badalyan Nikolay and Minasyan Karina
Bought by
Schlattman Jeffery C and Waite James C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 4, 2003
Sold by
Hough Harold E and Hough Irma S
Bought by
Badalyan Nickolay
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Moores Park, MI
-
Mohamed Abukar
-
Josh Nelson
Josh Nelson
White Pine Sotheby's International Realty
(616) 816-5361
47 Total Sales
1 in Moores Park
$102,000 Price
-
Brooks Warner
Brooks Warner
Keller Williams Realty Lansing
(517) 777-8340
170 Total Sales
2 in Moores Park
$70K - $97K Price Range
-
Joe Vitale
Joe Vitale
Responds QuicklyCentury 21 Affiliated
(517) 777-0990
233 Total Sales
3 in Moores Park
$80K - $165K Price Range
-
Missy Lord
Missy Lord
Responds QuicklyRE/MAX Real Estate Professionals Dewitt
(517) 272-8399
590 Total Sales
6 in Moores Park
$132K - $190K Price Range
-
Nicole Dungey
Nicole Dungey
RE/MAX Real Estate Professionals
(517) 569-1641
114 Total Sales
1 in Moores Park
$141,000 Price
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 |
|---|---|---|---|
| $235,500 | Star Title | ||
| 5 Llc | $195,000 | Diversified National Title | |
| Jere Owen Llc | -- | None Available | |
| Walz Jo Anne J | $125,000 | Tri County Title Agency Llc | |
| Schlattman Jeffery C | $110,000 | Fatic | |
| Badalyan Nickolay | $76,000 | Fatic |
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 | $188,400 | ||
| Closed | Navoda Llc | $188,400 | |
| Previous Owner | For The 5 Llc | $146,250 | |
| Previous Owner | Jere Owen Llc | $105,000 | |
| Previous Owner | Walz Jo Anne J | $93,750 | |
| Previous Owner | Waite James C | $106,500 | |
| Previous Owner | Schlattman Jeffery C | $88,000 |
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 |
|---|---|---|---|---|---|
| 04/25/2025 04/25/25 | Sold | $235,500 | -3.9% | $78 / Sq Ft | |
| 03/03/2025 03/03/25 | Pending | -- | -- | -- | |
| 02/03/2025 02/03/25 | Price Changed | $245,000 | -3.9% | $81 / Sq Ft | |
| 12/27/2024 12/27/24 | For Sale | $255,000 | +30.8% | $84 / Sq Ft | |
| 03/23/2023 03/23/23 | Sold | $195,000 | -2.5% | $64 / Sq Ft | View Prior Sale |
| 11/22/2022 11/22/22 | Pending | -- | -- | -- | |
| 11/15/2022 11/15/22 | For Sale | $200,000 | -- | $66 / 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 | $6,721 | $95,300 | $5,300 | $90,000 |
| 2025 | $5,373 | $76,900 | $3,900 | $73,000 |
| 2024 | $55 | $78,900 | $3,900 | $75,000 |
| 2023 | $4,356 | $68,400 | $3,900 | $64,500 |
| 2022 | $3,997 | $62,200 | $5,500 | $56,700 |
| 2021 | $3,906 | $53,800 | $3,900 | $49,900 |
| 2020 | $3,876 | $52,100 | $3,900 | $48,200 |
| 2019 | $3,729 | $47,100 | $3,900 | $43,200 |
| 2018 | $3,550 | $43,600 | $3,900 | $39,700 |
| 2017 | $3,410 | $43,600 | $3,900 | $39,700 |
| 2016 | $3,356 | $42,800 | $3,900 | $38,900 |
| 2015 | $3,356 | $40,900 | $7,887 | $33,013 |
| 2014 | $3,356 | $41,400 | $4,458 | $36,942 |
Source: Public Records
Agents Affiliated with this Home
-
Amber Redman
Seller's Agent in 2025
Amber Redman
Five Star Real Estate - Lansing
(517) 881-6658
1 in this area
82 Total Sales
-
Gary Naeyaert
Seller's Agent in 2023
Gary Naeyaert
EXIT Realty Home Partners
(517) 281-2690
5 in this area
153 Total Sales
-
NM
Buyer's Agent in 2023
Non Member
Non Member Office
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 285480
APN: 01-01-21-380-052
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.
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 © 2026 Greater Lansing Association of REALTORS®
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