NOT LISTED FOR SALE

233 N Martin Luther King jr Blvd Lansing, MI 48915

Westside Neighborhood

Estimated Value: $212,000 - $266,000

-- Bed
-- Bath
1,000 Sq Ft
$240/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $237,500 $238 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,344/month

40 Days on Market

Highlights

  • 0.3 Acre Lot
  • 1 Fireplace
  • Hot Water Heating System

About This Home

As of June 2022

Have you been looking for a unique investment opportunity? Add to your existing portfolio or live in one unit and rent the others? Welcome to 233 N MLK BLVD! Wow! This is a 6 unit building that is ready for its new owner. Located in the heart of Lansing, you are walking distance to LCC, Cooley Law school and downtown. The building comprises of 3 – 1 bedroom 1 bath units and 3 studio units. 4 of the 6 units have been recently renovated. Off street parking! Landlord pays for water, sewer, electricity and trash. Vacant units are currently being advertised for rent. Realtors – please use ShowingTime.

Last Agent to Sell the Property

Drew Denham

Key Realty Listed on: 04/07/2022

Last Buyer's Agent

Tyler Johnson

Clear Realty Group License #6502432839

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,366

Year Built

  • Built in 1891

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 99x132

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Parking

  • 6 Parking Spaces
  • Driveway

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • 6 Units

Listing and Financial Details

  • The owner pays for trash collection, electricity, water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,366

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1891
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 239900.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Heating: Hot Water, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Public Water Available, Natural Gas Available, Natural Gas Connected

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Dimensions: 99x132
  • Lot Size Sq Ft: 13068.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 6

Tax Info

  • Tax Annual Amount: 5366.47
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Jun 7, 2022
Sold by
Corrion Alex M and Corrion Meghann M
Bought by
River City Properties Llc
Seller's Agent
Drew Denham
Key Realty
Buyer's Agent
Tyler Johnson
Clear Realty Group
List Price
$259,900
Sold Price
$237,500
Premium/Discount to List
-$22,400
-8.62%
Current Estimated Value
$240,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,724
Avg. Annual Appreciation
0.38%

Purchase Details

Listed on
Jul 14, 2020
Closed on
Sep 21, 2020
Sold by
Ka Jaejin
Bought by
Corrion Alex and Keit Corrion Meghann
Seller's Agent
Joe Mullaney
RE/MAX Finest
Buyer's Agent
David Hall
Achieve Real Estate LLC
List Price
$129,900
Sold Price
$129,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.31%
Original Mortgage
$91,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 2, 2018
Sold by
Ka Jaewin
Bought by
233 Mlk Llc

Purchase Details

Closed on
May 4, 2017
Sold by
The Huntington National Bank
Bought by
Ka Jaejin

Purchase Details

Closed on
Jul 2, 2015
Sold by
Mossman Thomas H
Bought by
Firstmerit Bank Na

Purchase Details

Closed on
Jan 25, 2012
Sold by
The Thomas H Mossman Revocable Living Tr
Bought by
Ferrier Norman

Purchase Details

Closed on
Oct 29, 2008
Sold by
Mossman Thomas H
Bought by
The Thomas H Mossman Revocable Living Tr

Purchase Details

Closed on
Mar 19, 2008
Sold by
Mossman Thomas N
Bought by
The T Hogarth Mossman Living Trust

Purchase Details

Closed on
Apr 22, 2002
Sold by
Meza Melecio R and Meza Rachel
Bought by
Mossman Thomas H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 1997
Sold by
Meza Melecio R and Meza Rachel
Bought by
Mossman Thomas
Source: Public Records

Range of Values:

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Average Value
Not Available
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
River City Properties Llc $237,500 None Listed On Document
Corrion Alex $129,900 Tri County Title Agency Llc
233 Mlk Llc -- None Available
Ka Jaejin $64,000 None Available
Firstmerit Bank Na $96,600 None Available
Ferrier Norman -- Cislo Title Co
The Thomas H Mossman Revocable Living -- Cislo Title Co
The Thomas H Mossman Revocable Living Tr -- None Available
The T Hogarth Mossman Living Trust -- None Available
Mossman Thomas H $85,000 Chicago Title
Mossman Thomas $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corrion Alex $91,000
Previous Owner Mossman Thomas H $70,000
Previous Owner Mossman Thomas H $100,000
Previous Owner Mossman Thomas H $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $237,500 -1.0% $238 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/16/2022 05/16/22 Price Changed $239,900 -7.7% $240 / Sq Ft
04/07/2022 04/07/22 For Sale $259,900 +100.1% $260 / Sq Ft
09/21/2020 09/21/20 Sold $129,900 0.0% $46 / Sq Ft
07/14/2020 07/14/20 For Sale $129,900 -- $46 / Sq Ft
Source: Southwestern Michigan 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 $73 $104,100 $20,000 $84,100
2023 $8,795 $101,300 $20,000 $81,300
2022 $5,472 $96,100 $18,800 $77,300
2021 $5,344 $69,500 $11,300 $58,200
2020 $5,233 $69,100 $11,400 $57,700
2019 $5,088 $66,300 $11,400 $54,900
2018 $4,511 $67,100 $11,400 $55,700
2017 $3,943 $67,100 $11,400 $55,700
2016 $6,107 $66,700 $11,400 $55,300
2015 $6,107 $67,600 $22,869 $44,731
2014 $6,107 $51,600 $22,869 $28,731
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Drew Denham

    Key Realty

  • T

    Buyer's Agent in 2022

    Tyler Johnson

    Clear Realty Group

    (616) 799-2903

    3 in this area

    84 Total Sales

    Tyler Johnson
    Section Image
  • Joe Mullaney

    Seller's Agent in 2020

    Joe Mullaney

    RE/MAX Michigan

    (517) 325-5888

    4 in this area

    164 Total Sales

    Joe Mullaney
    Section Image
  • David Hall

    Buyer's Agent in 2020

    David Hall

    Achieve Real Estate LLC

    (517) 712-8329

    7 in this area

    153 Total Sales

    David Hall
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22011461

Southwestern Michigan Association of REALTORS®

APN: 01-01-17-258-241

Michigan Ingham County Lansing 48915 Westside

233 N Martin Luther King jr Blvd, Lansing, MI

This home is located at 233 N Martin Luther King jr Blvd, Lansing, MI 48915 since 07 April 2022 and is currently estimated at $240,224, approximately $240 per square foot. This property was built in 1891. 233 N Martin Luther King jr Blvd is a home located in Ingham County with nearby schools including Riddle Elementary School, Pattengill Academy, and J.W. Sexton High School.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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