Seller's Agent in 2020
David Hall
Achieve Real Estate LLC
(517) 712-8329
7 in this area
122 Total Sales
225 Shepard St Lansing, MI 48912
Fairview Area NeighborhoodEstimated Value: $131,000 - $166,374
4
Beds
3
Baths
1,920
Sq Ft
$77/Sq Ft
Est. Value
Highlights
- Covered Patio or Porch
- 4 Car Detached Garage
- Forced Air Heating System
About This Home
As of October 2020HUGE Opportunity to acquire a cash flowing 3 unit investment in the derirable East Side Neighborhood. Two 1 bedroom apartments are upstairs with a large 2 bedroom on the main floor. Separate gas meters and electric meters for each unit! Two tiled showers, hardwood in main floor unit, 2 car garage. Lots of potential to raise rents or leave as is and still get cash flow day one.
Last Agent to Sell the Property
Achieve Real Estate LLC License #6502433100 Listed on: 08/12/2020
Last Buyer's Agent
David Hall
Keller Williams Realty Lansing License #6501386398
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1919
Lot Details
- 4,922 Sq Ft Lot
- Lot Dimensions are 38.5x127.88
Parking
- 4 Car Detached Garage
Home Design
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,920 Sq Ft Home
- 2-Story Property
Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
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 $2,588
Listing and Financial Details
- Total Actual Rent $1,535
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
Closed on
Dec 16, 2025
Sold by
Bought by
Current Estimated Value
Purchase Details
Closed on
Oct 13, 2022
Sold by
Bought by
Purchase Details
Listed on
Aug 12, 2020
Closed on
Oct 20, 2020
Sold by
Bought by
Seller's Agent
David Hall
Achieve Real Estate LLC
Buyer's Agent
David Hall
Achieve Real Estate LLC
List Price
$110,000
Sold Price
$98,000
Premium/Discount to List
-$12,000
-10.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$78,400
Interest Rate
0.028%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 4, 2008
Sold by
Bought by
Purchase Details
Closed on
Feb 6, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,750
Interest Rate
0.1225%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 18, 2003
Sold by
Bought by
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
0.0536%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 10, 1999
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | -- | ||
| $98,000 | Tri County Title Agency Llc | ||
| $79,050 | None Available | ||
| -- | Midstate | ||
| -- | Trans | ||
| $55,700 | Midstate Title Company |
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 |
|---|---|---|---|
| Previous Owner | $78,400 | ||
| Previous Owner | $97,750 | ||
| Previous Owner | $75,600 | ||
| Previous Owner | $49,000 |
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 |
|---|---|---|---|---|
| 10/20/2020 10/20/20 | Sold | $98,000 | -10.9% | $51 / Sq Ft |
| 09/29/2020 09/29/20 | Pending | -- | -- | -- |
| 07/09/2020 07/09/20 | For Sale | $110,000 | -- | $57 / 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 | $4,782 | $76,800 | $4,500 | $72,300 |
| 2025 | $3,807 | $73,500 | $4,000 | $69,500 |
| 2024 | $37 | $64,500 | $4,000 | $60,500 |
| 2023 | $4,380 | $55,500 | $4,000 | $51,500 |
| 2022 | $4,011 | $48,500 | $3,200 | $45,300 |
| 2021 | $3,919 | $46,400 | $5,400 | $41,000 |
| 2020 | $2,633 | $38,600 | $5,400 | $33,200 |
| 2019 | $2,532 | $34,300 | $5,400 | $28,900 |
| 2018 | $2,412 | $30,900 | $5,400 | $25,500 |
| 2017 | $2,316 | $30,900 | $5,400 | $25,500 |
| 2016 | $2,248 | $29,600 | $5,400 | $24,200 |
| 2015 | $2,248 | $27,400 | $10,731 | $16,669 |
| 2014 | $2,248 | $27,300 | $8,346 | $18,954 |
Source: Public Records
Agents Affiliated with this Home
-
David Hall
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 247606
APN: 01-01-15-432-091
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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.
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