NOT LISTED FOR SALE

Estimated Value: $159,000 - $185,034

-- Bed
1 Bath
2,704 Sq Ft
$64/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $145,000 $54 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $967/month

6 Days on Market

Highlights

  • 0.4 Acre Lot
  • Forced Air Heating System
  • 3-minute walk to Ferris Park
  • Corner Lot

About This Home

As of April 2022

**All utilities INCLUDED. New Vinyl plank flooring in unit! This unit will have a new stove not advertised in photos. This property is located walking distance from the State Capital building and downtown Lansing. Capitol building can be viewed from the porch. This unit is one of three units in this multifamily home. This home has heating and window A/C Units. Window A/C unit not included. All utilities and trash are included. This unit has access to the porch. 12 month lease must be signed along with security deposit and first months rent. On site parking with two spots. Quiet neighborhood. Looking for long term tenant. Basement Storage Available. New washer and dryer hookups installed in Kitchen. Dishwasher installed in November. New steps and rails for rear entrance. $950/ mo. $45 application fee with background check required. Income must be $2,850/mo to qualify for unit. Cats are allowed for a $300 non refundable pet fee. No pet rent! Max 2 cats. No dogs. No smoking.

Last Agent to Sell the Property

Kellie Garrett

Community Realty, LLC License #6502432388 Listed on: 02/17/2022

Last Buyer's Agent

Jessica DeShane

Community Realty, LLC License #6501421223

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1865

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 66x132
  • Corner Lot

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,704 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • No Garage

Location

  • City Lot

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Total Actual Rent $23,820

Property Details

Home Type

Multi-Family

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Gross Rent: 23820.0
  • Misc Business Info Parking Surface: asphalt
  • Tax Year: 2021
  • Registered Licenses for Unrelated Occupants: 3
  • Levels: Two
  • Year Built: 1865
  • Lot Size Acres: 0.4
  • Lot Size: 66x132
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2704.0
  • Architectural Style: Multi-Story
  • General Property Info:Lot Size Dimensions: 66x132
  • General Property Info:Above Grade Finished Area: 2704.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 5606.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: multifamily
  • General Property Info:_pound_ of Units: 3
  • Architectural Style:Multi-Story: 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, See Remarks
  • Lot Features: City Lot, Corner Lot
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Construction Type: Aluminum Siding
  • Lot Features:City Lot: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Parking Features: Asphalt, No Garage
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:No Garage: Yes
  • Misc Business Info:_pound_ Parking: 6
  • General Property Info:Parking Total: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: None
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Mar 29, 2021
Sold by
Light Blue Properties Llc
Bought by
Dreslinski Jeremy
Seller's Agent
Hunter Seyfarth
Berkshire Hathaway HomeServices
Buyer's Agent
Kellie Garrett
Oasis Realty
List Price
$129,900
Sold Price
$134,900
Premium/Discount to List
$5,000
3.85%
Current Estimated Value
$172,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,859
Avg. Annual Appreciation
6.04%
Original Mortgage
$101,175
Outstanding Balance
$78,472
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$94,287

Purchase Details

Listed on
Jul 8, 2019
Closed on
Sep 6, 2019
Sold by
Palmiter Management Llc
Bought by
Light Blue Properties Llc
Seller's Agent
Richard Williams
Keller Williams Realty Lansing
Buyer's Agent
Hunter Seyfarth
Berkshire Hathaway HomeServices
List Price
$105,000
Sold Price
$92,500
Premium/Discount to List
-$12,500
-11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.17%
Original Mortgage
$75,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2011
Sold by
Belen Frederick C
Bought by
Palmiter Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,750
Interest Rate
4.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2008
Sold by
Belen Lucile and Belen Elizabeth L
Bought by
Belen Lucile E
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
Dreslinski Jeremy $134,900 None Available
Light Blue Properties Llc $92,500 Transnation Title Agency
Palmiter Management Llc $57,000 Tri County Title Agency Llc
Belen Lucile E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dreslinski Jeremy $101,175
Previous Owner Light Blue Properties Llc $75,000
Previous Owner Palmiter Management Llc $63,750
Previous Owner Palmiter Management Llc $42,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Off Market $950 -- --
05/08/2025 05/08/25 Price Changed $950 -5.0% $2 / Sq Ft
04/22/2025 04/22/25 Price Changed $1,000 -4.8% $2 / Sq Ft
03/19/2025 03/19/25 Price Changed $1,050 +5.0% $2 / Sq Ft
03/15/2025 03/15/25 For Rent $1,000 0.0% --
03/15/2025 03/15/25 Price Changed $1,000 -4.8% $2 / Sq Ft
03/06/2025 03/06/25 Off Market $1,050 -- --
02/10/2025 02/10/25 Off Market -- -- --
01/30/2025 01/30/25 For Rent $1,050 -99.3% --
01/30/2025 01/30/25 For Rent -- -- --
04/12/2022 04/12/22 Sold $145,000 0.0% $54 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $145,000 +7.5% $54 / Sq Ft
04/01/2021 04/01/21 Sold $134,900 +3.8% $50 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $129,900 +40.4% $48 / Sq Ft
09/06/2019 09/06/19 Sold $92,500 -11.9% $34 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $105,000 -- $39 / 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 $62 $93,800 $7,400 $86,400
2023 $6,682 $84,400 $7,400 $77,000
2022 $1,092 $74,400 $6,600 $67,800
2021 $5,606 $70,900 $7,400 $63,500
2020 $5,566 $67,400 $7,400 $60,000
2019 $4,417 $60,900 $7,400 $53,500
2018 $4,194 $54,800 $7,400 $47,400
2017 $4,034 $54,800 $7,400 $47,400
2016 $3,873 $53,800 $7,400 $46,400
2015 $3,873 $52,200 $14,758 $37,442
2014 $3,873 $49,900 $19,500 $30,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 262807

Greater Lansing Association of Realtors®

APN: 01-01-16-157-071