NOT LISTED FOR SALE

Estimated Value: $151,000 - $159,000

-- Bed
-- Bath
1,684 Sq Ft
$92/Sq Ft Est. Value

Last Sold January 01, 2025

Last sale price $153,000 $91 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $858/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Covered patio or porch
  • Back Yard Fenced and Front Yard
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of January 2025

Great DUPLEX investment opportunity in Lansing's Moores Park area, just down the street from the Park and walking distance to REO town! Turnkey, updated duplex in a prime location, this home features 2 bedrooms and 1 bath in each unit. Perfect for living in one unit while a tenant helps cover your mortgage. The lower level has beautiful original hardwood floors, lots of natural light and lots of space! There is a spacious living room, formal dining area, breakfast nook, 2 bedrooms and an updated bathroom. The upstairs unit is freshly renovated and ready for occupancy, the current tenant is month to month. The property features off-street parking, a spacious fenced-in backyard, hardwood and vinyl flooring, and low-maintenance vinyl siding. It's also licensed through 2024. Great investment opportunity, call to schedule your tour today!

Last Agent to Sell the Property

Missy Lord

RE/MAX Real Estate Professionals Dewitt Brokerage Phone: 517-669-8118 License #6501387790 Listed on: 10/23/2024

RE/MAX Real Estate Professionals Dewitt

Last Buyer's Agent

Britni Houghton

Five Star Real Estate - Lansing License #6501400240

Five Star Real Estate - Lansing

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x156.75
  • Back Yard Fenced and Front Yard

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,684 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Vinyl

Basement

  • Michigan Basement
  • Laundry in Basement

Parking

  • 3 Parking Spaces
  • No Garage
  • Alley Access
  • Gravel Driveway
  • On-Street Parking

Outdoor Features

  • Covered patio or porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $20,400

Community Details

Overview

  • 2 Units
  • Park Place Subdivision

Building Details

  • Electric Expense $1,300
  • Water Sewer Expense $950

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Gross Rent: 20400.0
  • Water Sewer Expenses: 950.0
  • Misc Business Info Parking Surface: gravel
  • Tax Year: 2023
  • Registered Licenses for Unrelated Occupants: CR13-0521
  • Unit Information License Register Exp: 2026-05-01
  • Levels: Two
  • Year Built: 1906
  • Attribution Contact: 517-669-8118
  • Lot Size Acres: 0.18
  • Lot Size: 50x156.75
  • Subdivision Name: Park Place
  • Above Grade Finished Sq Ft: 1684.0
  • Architectural Style: Traditional
  • General Property Info:Lot Size Dimensions: 50x156.75
  • General Property Info:Above Grade Finished Area: 1684.0
  • Levels:Two2: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:In Basement: Yes
  • Laundry Features:Washer Hookup: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Fencing:Back Yard: Yes
  • Exterior:Vinyl Siding: Yes
  • Flooring:Vinyl2: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Hardwood: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 4890.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Electricity5: 1300.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan
  • Heating: Forced Air, Natural Gas
  • Flooring: Hardwood, Vinyl
  • Property Type: Resid/Multi-Family
  • Basement:Michigan: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard
  • Lot Features: Back Yard, Front Yard
  • RoadFrontageType: City Street
  • Patio And Porch Features: Covered, Front Porch
  • Construction Type: Vinyl Siding
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Front Porch: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • Parking Features: Alley Access, Gravel, No Garage, On Street
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:Alley Access: Yes
  • Misc Business Info:_pound_ Parking: 3
  • Parking Features:On Street: Yes
  • General Property Info:Parking Total: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: Electric Dryer Hookup, In Basement, Washer Hookup
  • SecurityFeatures: Smoke Detector(s)
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Fee Information

  • Annual Water Sewer Expense: 950.0

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 1300.0

Tax Info

  • Tax Carrier Route: 1413

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Dec 31, 2024
Sold by
Connelly Katherine H
Bought by
Elieff Austin T
Seller's Agent
Missy Lord
RE/MAX Real Estate Professionals Dewitt
Buyer's Agent
Britni Houghton
Five Star Real Estate - Lansing
List Price
$159,900
Sold Price
$153,000
Premium/Discount to List
-$6,900
-4.32%
Views
22
Current Estimated Value
$154,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,130
Avg. Annual Appreciation
-1.62%

Purchase Details

Listed on
Mar 7, 2023
Closed on
Apr 12, 2023
Sold by
Trinity Enterprise Llc
Bought by
Connelly Katherine H
Seller's Agent
David Hall
Achieve Real Estate LLC
Buyer's Agent
Missy Lord
RE/MAX Real Estate Professionals Dewitt
List Price
$129,900
Sold Price
$132,000
Premium/Discount to List
$2,100
1.62%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$99,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2021
Sold by
Borowy Kelly R and Kelly R Broway Trust
Bought by
Trinity Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,200
Interest Rate
2.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2007
Sold by
Borowy Daniel B and Borowy Kelly R
Bought by
Borowy Kelly R and Tater Rachel

Purchase Details

Closed on
Jul 10, 2006
Sold by
Leonard Brent A and Leonard Brenda S
Bought by
Borowy Daniel and Borowy Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2003
Sold by
The Roger A Leonard Revocable Trust
Bought by
Leonard Brent A and Leonard Brenda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
5.76%

Purchase Details

Closed on
Mar 5, 1998
Sold by
Fisher Thomas C
Bought by
Roger A Leonard Revocable Tru

Purchase Details

Closed on
Mar 1, 1995
Source: Public Records

Range of Values:

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Average Value
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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
Elieff Austin T $153,000 Title Professionals
Elieff Austin T $153,000 Title Professionals
Connelly Katherine H $132,000 Liberty Title
Trinity Enterprises Llc $70,000 Michigan Investment Ttl Inc
Borowy Kelly R -- None Available
Borowy Daniel $123,700 Mid
Leonard Brent A $77,000 Chicago Title Insurance Co
Roger A Leonard Revocable Tru $49,000 --
-- $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Connelly Katherine H $99,000
Previous Owner Trinity Enterprises Llc $78,200
Previous Owner Borowy Daniel $98,400
Previous Owner Leonard Brent A $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2025 01/01/25 Sold $153,000 -4.3% $91 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $159,900 +21.1% $95 / Sq Ft
04/12/2023 04/12/23 Sold $132,000 +1.6% $78 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $129,900 -- $77 / 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 $48 $68,100 $6,100 $62,000
2023 $4,892 $59,400 $6,100 $53,300
2022 $4,469 $55,500 $8,600 $46,900
2021 $3,488 $50,600 $6,500 $44,100
2020 $3,463 $48,900 $6,500 $42,400
2019 $3,342 $44,500 $6,500 $38,000
2018 $3,172 $41,300 $6,500 $34,800
2017 $3,051 $41,300 $6,500 $34,800
2016 $2,930 $40,500 $6,500 $34,000
2015 $2,930 $38,800 $12,931 $25,869
2014 $2,930 $38,100 $7,543 $30,557
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 284451

Greater Lansing Association of Realtors®

APN: 01-01-21-377-021