NOT LISTED FOR SALE

2523 Selma St Holt, MI 48842

Estimated Value: $161,974 - $183,000

4 Beds
1 Bath
1,396 Sq Ft
$125/Sq Ft Est. Value

Last Sold February 08, 2021

Last sale price $136,000 $97 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,107/month

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of February 2021

Great value for a duplex in Holt schools. Generated $17,880 in rent last year! Well maintained and ready to go, add this one to your portfolio!

Last Agent to Sell the Property

Christopher Silker

Keller Williams Realty Lansing License #6506046369 Listed on: 10/29/2020

Keller Williams Realty Lansing

Last Buyer's Agent

Danielle French

Keller Williams Realty Lansing License #6501386838

Keller Williams Realty Lansing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,637

Year Built

  • Built in 1975

Lot Details

  • 5,445 Sq Ft Lot
  • Lot Dimensions are 50x107

Home Design

  • Bi-Level Home
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,396 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $17,880

Community Details

Overview

  • 2 Units
  • Cedar Height Subdivision

Building Details

  • New Taxes Expense $2,637

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,637

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Gross Rent: 17880.0
  • Misc Business Info Construction Type: Bi Level
  • Misc Business Info Parking Surface: concrete
  • Misc Business Info Roof Type: shingle
  • Tax Year: 2019
  • Registered Licenses for Unrelated Occupants: 2
  • Misc Business Info Overall Building Siz: 1386
  • Year Built: 1975
  • Lot Size Acres: 0.13
  • Lot Size: 50x107
  • Subdivision Name: Cedar Height
  • Above Grade Finished Sq Ft: 1396.0
  • Architectural Style: Bi-Level
  • General Property Info:Lot Size Dimensions: 50x107
  • General Property Info:Above Grade Finished Area: 1396.0
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Bi-Level: Yes
  • Tax Info:Taxes2: 2637.0
  • Tax Info:Zoning3: Multi-Family
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: BI Level
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Tax Expense2: 2637.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Covered
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available, Cable Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Holt/Dimondale

Lot Info

  • Lot Size Sq Ft: 5445.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Feb 8, 2021
Sold by
Magers Erica L
Bought by
Mccastle Marcell A
Seller's Agent
Christopher Silker
Keller Williams Realty Lansing
Buyer's Agent
Danielle French
Keller Williams Realty Lansing
List Price
$130,000
Sold Price
$136,000
Premium/Discount to List
$6,000
4.62%
Current Estimated Value
$174,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,994
Avg. Annual Appreciation
5.35%
Original Mortgage
$140,890
Outstanding Balance
$126,191
Interest Rate
2.65%
Mortgage Type
FHA
Estimated Equity
$46,735

Purchase Details

Closed on
Oct 8, 2008
Sold by
Magers Luke A and Magers Erica L
Bought by
Magers Erica L

Purchase Details

Closed on
Dec 31, 2003
Sold by
Townsend Timothy Troy and Townsend Karen Beth
Bought by
Magers Luke and Magers Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 24, 2001
Sold by
Webster Christopher B and Webster Kelly
Bought by
Townsend Timothy Troy and Townsend Karen Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Mccastle Marcell A $136,000 Transnation Title
Magers Erica L -- None Available
Magers Luke $105,000 Fatic
Townsend Timothy Troy $72,500 Capital Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccastle Marcell A $140,890
Previous Owner Magers Luke $23,100
Previous Owner Magers Erica $115,500
Previous Owner Magers Luke $94,500
Previous Owner Townsend Timothy Troy $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2021 02/08/21 Sold $136,000 +4.6% $97 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $130,000 -- $93 / 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
2025 $5,300 $62,000 $9,200 $52,800
2024 $7 $61,400 $9,200 $52,200
2023 $3,633 $53,200 $9,200 $44,000
2022 $2,825 $46,400 $5,900 $40,500
2021 $2,212 $38,900 $6,800 $32,100
2020 $2,728 $37,400 $6,800 $30,600
2019 $2,632 $36,800 $3,200 $33,600
2018 $2,622 $34,400 $3,200 $31,200
2017 $2,436 $34,400 $3,200 $31,200
2016 $2,381 $34,300 $3,200 $31,100
2015 $2,260 $33,700 $6,487 $27,213
2014 $2,260 $33,200 $13,000 $20,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 251029

Greater Lansing Association of Realtors®

APN: 25-05-11-357-014