2417 W Jolly Rd Lansing, MI 48911
--
Bed
--
Bath
1,710
Sq Ft
10,149
Sq Ft Lot
Highlights
- Cape Cod Architecture
- Double Pane Windows
- High Speed Internet
- Covered patio or porch
- Multiple cooling system units
- Carpet
About This Home
As of April 2025Motivated Seller, bring a reasonable offer :) Great investment property with tons of updates! Unit 1 has a new full bath, unit 2 has been fully updated with fresh paint, new flooring, brand new kitchen and bathroom. All units have split electricity, due to tenant issues all electic is billed back to tenants. Landlord only covers gas, water, trash, and lawn/snow. New vinyl siding and several new windows. The crawl space has been sealed, and foamed. Longterm tenants with excellent rent payment history. Seller is a licensed agent in the State of Michigan.
Last Agent to Sell the Property
Keller Williams Realty Lansing License #6506046369
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 10,149 Sq Ft Lot
- Lot Dimensions are 57.5 x 176.25
- Flag Lot
- Cleared Lot
- Back and Front Yard
Home Design
- Cape Cod Architecture
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,710 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Crawl Space
- Fire and Smoke Detector
Flooring
- Carpet
- Laminate
Parking
- 3 Parking Spaces
- No Garage
- Common or Shared Parking
- Gravel Driveway
Utilities
- Multiple cooling system units
- Heat Pump System
- 100 Amp Service
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Covered patio or porch
- City Lot
Listing and Financial Details
- Total Actual Rent $24,600
Community Details
Overview
- 3 Units
- Maple Grove Farms Subdivision
Building Details
- Insurance Expense $1,000
- Maintenance Expense $1,200
- Other Expense $720
- Water Sewer Expense $782
- New Taxes Expense $3,142
- Operating Expense $4,644
- Net Operating Income $18,956
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | Sold | $111,100 | -14.5% | $65 / Sq Ft |
| 03/28/2025 03/28/25 | Pending | -- | -- | -- |
| 03/03/2025 03/03/25 | For Sale | $130,000 | 0.0% | $76 / Sq Ft |
| 02/20/2025 02/20/25 | Pending | -- | -- | -- |
| 01/15/2025 01/15/25 | Price Changed | $130,000 | -13.3% | $76 / Sq Ft |
| 12/12/2024 12/12/24 | For Sale | $150,000 | +158.6% | $88 / Sq Ft |
| 12/28/2018 12/28/18 | Sold | $58,000 | -1.7% | $34 / Sq Ft |
| 12/04/2018 12/04/18 | Pending | -- | -- | -- |
| 09/19/2018 09/19/18 | Price Changed | $59,000 | -3.3% | $35 / Sq Ft |
| 07/11/2018 07/11/18 | Price Changed | $61,000 | -3.2% | $36 / Sq Ft |
| 05/31/2018 05/31/18 | Price Changed | $63,000 | -3.1% | $37 / Sq Ft |
| 03/26/2018 03/26/18 | For Sale | $65,000 | -- | $38 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $26 | $50,200 | $7,800 | $42,400 |
| 2023 | $3,142 | $42,900 | $7,800 | $35,100 |
| 2022 | $2,884 | $41,400 | $5,000 | $36,400 |
| 2021 | $2,421 | $32,700 | $4,800 | $27,900 |
| 2020 | $2,404 | $31,300 | $4,800 | $26,500 |
| 2019 | $2,250 | $29,000 | $4,800 | $24,200 |
| 2018 | $1,658 | $21,300 | $4,800 | $16,500 |
| 2017 | $2,120 | $21,300 | $4,800 | $16,500 |
| 2016 | $1,555 | $21,000 | $4,800 | $16,200 |
| 2015 | $1,555 | $20,300 | $9,656 | $10,644 |
| 2014 | $1,555 | $20,300 | $15,691 | $4,609 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $88,800 | New Conventional | |
| Previous Owner | $43,125 | New Conventional | |
| Previous Owner | $61,600 | Purchase Money Mortgage |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $57,500 | Tri County Title Agency Llc | |
| Warranty Deed | $27,000 | Toleno Title Inc |
Source: Public Records
About the Listing Agent
Hello, I'm Chris Silker, a seasoned real estate professional with a passion for making a positive impact in the Lansing, MI community. With a comprehensive background in residential, commercial, and investment real estate, I've dedicated myself to helping clients achieve their financial goals through homeownership. My approach is rooted in the belief that individual wealth and community growth go hand in hand. By providing personalized guidance and access to quality properties, I empower
Christopher's Other Listings
Source: Greater Lansing Association of Realtors®
MLS Number: 285324
APN: 01-05-06-226-191
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