$129,900
SOLD SEP 21, 2020

233 N Martin Luther King jr Blvd Lansing, MI 48915

Westside Neighborhood
-- Bed
-- Bath
2,820 Sq Ft
0.3 Acres

Recently Sold

$46 Per Sq Ft

20 Days on Market

Highlights

  • 0.3 Acre Lot
  • Hot Water Heating System
  • High Speed Internet
  • Home Security System

About This Home

As of June 2022

Great opportunity to own a very nice 6 unit in downtown Lansing. You are walking distance to LCC, Cooley Law school and downtown. Newer vinyl exterior provides maintenance free for many years.

Last Agent to Sell the Property

Joe Mullaney

RE/MAX Finest License #6506001040 Listed on: 07/14/2020

RE/MAX Finest

Last Buyer's Agent

David Hall

Achieve Real Estate LLC License #6502433100

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1891

Lot Details

  • 0.3 Acre Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,820 Sq Ft Home
  • 2-Story Property
  • Home Security System

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Parking

  • 6 Parking Spaces
  • Gravel Driveway

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 6 Units
  • Frenchs Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Misc Business Info Parking Surface: gravel
  • Misc Business Info Roof Type: shingle
  • Tax Year: 2019
  • Registered Licenses for Unrelated Occupants: 6
  • Levels: Two
  • Year Built: 1891
  • Lot Size Acres: 0.3
  • Lot Size: undefinedxundefined
  • Subdivision Name: Frenchs
  • Above Grade Finished Sq Ft: 2820.0
  • General Property Info:Lot Size Dimensions: undefinedxundefined
  • General Property Info:Above Grade Finished Area: 2820.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes
  • Security Features:Security System: Yes
  • Tax Info:Taxes2: 5085.0
  • Tax Info:Zoning3: Commercial
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 6 unit
  • General Property Info:_pound_ of Units: 6
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Michigan
  • Heating: Hot Water, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes
  • Basement:Michigan: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Misc Business Info:_pound_ Parking: 6
  • General Property Info:Parking Total: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1801

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%
Total Days on Market
20
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 Type Sale Price Title Company
Warranty Deed $237,500 None Listed On Document
Warranty Deed $129,900 Tri County Title Agency Llc
Quit Claim Deed -- None Available
Deed $64,000 None Available
Sheriffs Deed $96,600 None Available
Land Contract -- Cislo Title Co
Interfamily Deed Transfer -- Cislo Title Co
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Warranty Deed $85,000 Chicago Title
Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $91,000 Future Advance Clause Open End Mortgage
Previous Owner $70,000 Commercial
Previous Owner $100,000 Commercial
Previous Owner $85,000 Commercial
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: 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 $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

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 247733

Greater Lansing Association of Realtors®

APN: 01-01-17-258-241