$240,500
SOLD JAN 9, 2025
-- Bed
-- Bath
2,176 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$111 Per Sq Ft

7% Above List Price

8 Days on Market

Highlights

  • Front Porch
  • Outdoor Storage
  • High Speed Internet
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Steam
  • Lot Has A Rolling Slope

About This Home

As of January 2025

HIGHEST & BEST OFFERS DUE BY NOON, DECEMBER 12.
Duplex bi-level style that is totally renovated; very clean. Enjoy the space of 3 bedrooms each; laundry in each unit and the tenants each have their own parking space. There are splitters for air conditioning, new siding, new vinyl plank flooring. Most important positive cash flow and Long Term Tenants.

Last Agent to Sell the Property

Wanda Williams

Americas Dream Realty, LLC License #6502368118

Last Buyer's Agent

Tara Fatteh

1 World Realty, LLC License #6502341528

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,410

Year Built

  • Built in 1968

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 49x91
  • Lot Has A Rolling Slope
  • Few Trees
  • Back Yard Fenced and Front Yard

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,176 Sq Ft Home
  • Laminate Flooring
  • Laundry in unit

Parking

  • 2 Parking Spaces
  • Common or Shared Parking
  • Driveway
  • Additional Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Storage
  • Front Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Steam
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $36,480

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $720
  • Maintenance Expense $1,000
  • Manager Expense $3,900
  • Water Sewer Expense $2,520
  • New Taxes Expense $4,410
  • Operating Expense $13,600
  • Net Operating Income $22,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,410

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Gross Rent: 36480.0
  • Less Fuel: 1050.0
  • Net Income: 22880.0
  • Total Expense: 13600.0
  • Water Sewer Expenses: 2520.0
  • Misc Business Info Parking Surface: CONCRETE
  • Misc Business Info Roof Type: SHINGLE
  • Tax Year: 2024
  • Registered Licenses for Unrelated Occupants: 2
  • Misc Business Info Overall Building Siz: 440
  • Unit Information License Register Exp: 2026-09-01
  • Levels: Multi/Split
  • Year Built: 1968
  • Lot Size Acres: 0.22
  • Lot Size: 49x91
  • Professional Management Expense: 3900.0
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2176.0
  • Architectural Style: Bi-Level
  • General Property Info:Lot Size Dimensions: 49x91
  • General Property Info:Above Grade Finished Area: 2176.0
  • General Property Info:Spa2: No
  • General Property Info:Waterfront: No
  • Flooring:Laminate: Yes
  • Foundation Details:Slab: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Fencing:Back Yard: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Bi-Level: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • General Property Info:Pool Private2: No
  • Location Legal Info:Senior Community: No
  • Tax Info:Taxes2: 4410.0
  • Tax Info:Zoning3: Multi-Family
  • General Property Info:Building 1 Description: DUPLEX/BI-LEVEL
  • General Property Info:_pound_ of Units: 2
  • Levels:MultiSplit: Yes
  • Annual Inc Expense:Insurance4: 720.0
  • Annual Inc Expense:Tax Expense2: 4410.0
  • Annual Inc Expense:Maintenance3: 1000.0
  • Annual Inc Expense:Management3: 3900.0
  • Cooling:Wall Unit(s): Yes
  • Misc Business Info Zoning5: RESIDENTIAL
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Heating: Steam
  • Flooring: Laminate
  • Property Type: Resid/Multi-Family
  • SpaFeatures: None
  • Private Spa: No
  • Community Features:None24: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Storage
  • Fencing: Back Yard
  • Foundation Details: Concrete Perimeter, Slab
  • Lot Features: Back Yard, Few Trees, Front Yard, Rolling Slope
  • PoolFeatures: None
  • RoadFrontageType: City Street
  • RoadSurfaceType: Concrete
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Exterior Features:Storage3: Yes
  • Patio Porch Features:Front Porch: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Rolling Slope: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features: Common, Additional Parking, Assigned, Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Common: Yes
  • Misc Business Info:_pound_ Parking: 2
  • Parking Features:Assigned: Yes
  • General Property Info:Parking Total: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • LaundryFeatures: In Unit
  • Utilities: High Speed Internet Available, Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Steam: Yes

Condo/Co-op/Association

  • Association Name: n/a
  • Community Features: None
  • Association Amenities: None
  • Senior Community: No

Association/Amenities

  • Association Amenities:None12: Yes
  • Location Legal Info:Association Name: n/a

Fee Information

  • Annual Water Sewer Expense: 2520.0

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 720.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 22880.0

Tax Info

  • New Taxes Expense: 4410.0
  • Tax Carrier Route: 3366

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2025 01/09/25 Sold $240,500 +6.9% $111 / Sq Ft
12/04/2024 12/04/24 For Sale $225,000 +77.2% $103 / Sq Ft
07/24/2023 07/24/23 Sold $127,000 -1.6% $58 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $129,000 +79.2% $59 / Sq Ft
09/30/2019 09/30/19 Sold $72,000 -19.9% $66 / Sq Ft
06/22/2019 06/22/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $89,900 -- $83 / 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 $33 $63,200 $13,200 $50,000
2023 $3,997 $48,000 $13,200 $34,800
2022 $3,240 $43,400 $12,600 $30,800
2021 $3,166 $40,300 $5,400 $34,900
2020 $3,142 $37,600 $5,400 $32,200
2019 $2,588 $34,600 $5,400 $29,200
2018 $2,460 $31,300 $5,400 $25,900
2017 $2,365 $31,300 $5,400 $25,900
2016 $2,290 $30,200 $5,400 $24,800
2015 $2,290 $29,400 $10,732 $18,668
2014 $2,290 $29,200 $10,732 $18,468
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $107,950 New Conventional
Previous Owner $98,880 New Conventional
Previous Owner $18,700 Unknown
Previous Owner $66,500 Purchase Money Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $240,500 Liberty Title
Warranty Deed $127,000 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $72,000 Ata National Title Group Llc
Quit Claim Deed -- None Available
Sheriffs Deed $39,600 None Available
Warranty Deed $123,600 None Available
Warranty Deed $70,000 --
Source: Public Records

Source: Greater Lansing Association of Realtors®

MLS Number: 285204

Greater Lansing Association of Realtors®

APN: 01-01-27-158-201