$230,000
SOLD APR 6, 2026

2345 N Cedar St Holt, MI 48842

-- Bed
5 Baths
3,005 Sq Ft
0.4 Acres Lot

Sale Details

Date Sold: April 6, 2026

$77 Per Sq Ft

4% Below List Price

14 Days on Market

Highlights

  • Property is near public transit
  • Rectangular Lot
  • Back Yard
  • Forced Air Heating System

About This Home

As of April 2026

Two Structures on One site. A 4-unit and a 1-unit, for a total of 5 units. Long Term owner now retiring. Property has ample parking, and is in a very convenient location. Currently the owner pays: GFA Heat in Main building only; Water; Sewer; Lawncare; and Snow Removal. Tenants pay for Electricity in both buildings and also Gas in Building 2 - Unit 5.

Last Agent to Sell the Property

Dave Ledebuhr

Musselman Realty Company License #6502109685 Listed on: 02/17/2026

Last Buyer's Agent

Blake Wyant

The Charles Reinhart Company License #6501440481

The Charles Reinhart Company

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 17,511 Sq Ft Lot
  • Lot Dimensions are 80 x 219
  • Rectangular Lot
  • Back Yard

Parking

  • 5 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5 Bathrooms
  • 3,005 Sq Ft Home
  • 2-Story Property
  • Block Basement Construction

Outdoor Features

  • Rain Gutters

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $37,500

Community Details

Overview

  • 5 Units
  • Sterling Farms Subdivision

Building Details

  • Electric Expense $2,252
  • New Taxes Expense $5,501

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0.4 Acres

Listing Details

  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 3005.0
  • Special Features: None

Interior Features

  • Basement: Block
  • Heating: Forced Air, Natural Gas
  • Levels: Two

Exterior Features

  • Roof: Shingle
  • Disclosures: None
  • ExteriorFeatures: Rain Gutters
  • Foundation Details: Block
  • Lot Features: Back Yard, City Lot, Near Public Transit, Rectangular Lot
  • RoadFrontageType: City Street
  • Construction Type: Vinyl Siding, Brick
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 5.0
  • Attached Garage: No
  • Misc Business Info:_pound_ Parking: 5
  • Parking Features: Asphalt

Utilities

  • Sewer: Public Sewer
  • Appliances: Water Heater
  • Cooling: None
  • LaundryFeatures: None
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Fee Information

  • Annual Water Sewer Expense: 3105.0

Schools

  • Junior High Dist: Holt/Dimondale

Lot Info

  • Lot Size Acres: 0.402
  • Lot Size: 80 x 219
  • Lot Size Sq Ft: 17511.12
  • Zoning Description: R1-D

Rental Info

  • Unit Information:_pound_ Deposits: 4
  • Unit Information:_pound_ Written Leases: 4

Multi Family

  • Unit Information License Register Exp: 2027-11-01
  • Number Of Units Total: 5
  • Electric Expense: 2252.0
  • Annual Operating Expense: 10858.0

Tax Info

  • New Taxes Expense: 5501.0
  • Tax Carrier Route: 2155
  • Tax Info:State Eq Value: 150100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2026
Closed on
Apr 6, 2026
Sold by
2345 North Cedar Street Llc
Bought by
Taepke Estates Llc
Seller's Agent
Dave Ledebuhr
Musselman Realty Company
Buyer's Agent
Blake Wyant
The Charles Reinhart Company
List Price
$238,900
Sold Price
$230,000
Premium/Discount to List
-$8,900
-3.73%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
374.73%
Original Mortgage
$184,000
Outstanding Balance
$184,000
Interest Rate
5.98%
Mortgage Type
Credit Line Revolving
Estimated Equity
$68,531

Purchase Details

Closed on
Oct 29, 2019
Sold by
Spiridakos 3 Llc
Bought by
2345 North Cedar Street Llc

Purchase Details

Closed on
Dec 21, 2007
Sold by
Spiridakos Gregory D and Spiridakos Effie
Bought by
Spiridakos 3 Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $230,000 Ata National Title
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $184,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2026 04/06/26 Sold $230,000 -3.7% $77 / Sq Ft
02/17/2026 02/17/26 For Sale $238,900 0.0% $80 / Sq Ft
09/24/2024 09/24/24 For Rent $800 -- --
Source: Greater Lansing Association of Realtors®

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
2025 $5,332 $150,100 $18,800 $131,300
2024 $5,079 $137,300 $16,300 $121,000
2023 $5,079 $111,500 $13,800 $97,700
2022 $4,952 $84,300 $13,800 $70,500
2021 $4,836 $83,200 $13,800 $69,400
2020 $4,858 $83,200 $13,800 $69,400
2019 $4,740 $79,800 $13,800 $66,000
2018 $4,721 $69,500 $13,800 $55,700
2017 $4,423 $69,500 $13,800 $55,700
2016 $4,391 $69,500 $13,800 $55,700
2015 $4,309 $65,900 $33,000 $32,900
2014 $4,309 $66,500 $33,000 $33,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 293981

Greater Lansing Association of Realtors®

APN: 25-05-15-253-013

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