NOT LISTED FOR SALE

2509 Selma St Holt, MI 48842

Estimated Value: $160,000 - $169,000

4 Beds
1 Bath
1,342 Sq Ft
$122/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $160,000 $119 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $917/month

4 Days on Market

About This Home

As of April 2024

BACK ON THE MARKET!!! Previous buyer backed out due to financing. - Great investment duplex in desirable Holt Schools. Top/Bottom units, both have 2 beds / 1 bath. Both occupied, split gas and electric. Vinyl siding, vinyl windows, central air, clean. Both units pay $1000 a month. Room for growth on rents. Separate parking, separate front and rear entrances. This is a great opportunity that will not last long.

Last Agent to Sell the Property

David Hall

Achieve Real Estate LLC License #6502433100 Listed on: 03/01/2024

Last Buyer's Agent

Sean Gardner

Coldwell Banker Professionals -Okemos License #6501396248

Coldwell Banker Professionals -Okemos

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,785

Year Built

  • Built in 1974

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,342 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Cedar Height Subdivision

Listing and Financial Details

  • Total Actual Rent $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,785

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Gross Rent: 2000.0
  • Tax Year: 2022
  • Levels: Two
  • Year Built: 1974
  • Lot Size Acres: 0.13
  • Lot Size: undefinedxundefined
  • Subdivision Name: Cedar Height
  • Above Grade Finished Sq Ft: 1342.0
  • General Property Info:Lot Size Dimensions: undefinedxundefined
  • General Property Info:Above Grade Finished Area: 1342.0
  • Levels:Two2: Yes
  • Foundation Details:Slab: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:Central Air: Yes
  • Exterior:Vinyl Siding: Yes
  • Tax Info:Taxes2: 2785.0
  • Tax Info:Zoning3: Multi-Family
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family

Exterior Features

  • Foundation Details: Slab
  • Construction Type: Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • LaundryFeatures: None
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Holt/Dimondale

Lot Info

  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Carrier Route: 9749

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 5, 2024
Sold by
Laeder Matthew
Bought by
Mm Michigan Realty Llc
Seller's Agent
David Hall
Achieve Real Estate LLC
Buyer's Agent
Sean Gardner
Coldwell Banker Professionals -Okemos
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Total Days on Market
4
Views
24
Current Estimated Value
$164,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,060
Avg. Annual Appreciation
2.11%

Purchase Details

Listed on
May 29, 2019
Closed on
Sep 12, 2019
Sold by
Iccf Homes Llc
Bought by
Laeder Matthew
Seller's Agent
Jamie Bates
Berkshire Hathaway HomeServices
Buyer's Agent
Merle Boehmer
Preview Properties.com
List Price
$89,900
Sold Price
$100,000
Premium/Discount to List
$10,100
11.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%
Original Mortgage
$75,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2015
Sold by
Rdg Fund 5 Llc
Bought by
Rdg Fund 5 Lth Llc

Purchase Details

Closed on
May 15, 2014
Sold by
Robinson Mike
Bought by
Rdg Fund 5 Llc

Purchase Details

Closed on
Jul 20, 2010
Sold by
Delong Trevor
Bought by
Robinson Mike

Purchase Details

Closed on
Jun 3, 2010
Sold by
Delong Trevor
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Sep 8, 2005
Sold by
Putmon Management Llc
Bought by
Delong Trevor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,926
Interest Rate
6.01%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 2004
Sold by
Putmon Randolph L and Putmon Carol A
Bought by
Putmon Management Llc

Purchase Details

Closed on
Aug 19, 2003
Sold by
Putmon Management Llc
Bought by
Putmon Randolph L and Putmon Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2001
Sold by
Putmon Randolph L and Putmon Carol A
Bought by
Putmon 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
$44,000
Interest Rate
7.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 13, 1995
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
Mm Michigan Realty Llc $160,000 Liberty Title
Laeder Matthew $100,000 Title Resource Agency
Rdg Fund 5 Lth Llc -- Parks Title
Rdg Fund 5 Llc $72,000 Bell Title Co
Robinson Mike $51,000 Tri Title Agency Llc
Bac Home Loans Servicing Lp $106,544 None Available
Delong Trevor $109,900 Fatic
Putmon Management Llc -- Devon Title
Putmon Randolph L -- Devon Title
Putmon Management Llc -- --
-- $54,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laeder Matthew $75,000
Previous Owner Delong Trevor $108,926
Previous Owner Putmon Randolph L $45,000
Previous Owner Putmon Randolph L $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $160,000 -5.8% $119 / Sq Ft
03/01/2024 03/01/24 For Sale $169,900 0.0% $127 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
12/18/2023 12/18/23 For Sale $169,900 +69.9% $127 / Sq Ft
09/13/2019 09/13/19 Sold $100,000 +11.2% $75 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
05/29/2019 05/29/19 For Sale $89,900 -- $67 / 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 $6 $58,700 $9,200 $49,500
2023 $2,914 $51,000 $9,200 $41,800
2022 $2,785 $45,600 $6,000 $39,600
2021 $2,728 $38,400 $6,900 $31,500
2020 $2,769 $36,900 $6,900 $30,000
2019 $2,603 $36,200 $3,300 $32,900
2018 $2,593 $33,800 $3,300 $30,500
2017 $2,402 $33,800 $3,300 $30,500
2016 $2,348 $33,800 $3,300 $30,500
2015 $2,226 $33,200 $6,548 $26,652
2014 $2,226 $32,700 $13,000 $19,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 277809

Greater Lansing Association of Realtors®

APN: 25-05-11-357-020