M
Seller's Agent in 2021
Mike Sears
Liberty Realty Co.
(517) 881-8363
1 in this area
3 Total Sales
2616 Reo Rd Lansing, MI 48911
Pleasant Grove NeighborhoodEstimated Value: $137,245 - $170,000
--
Bed
2
Baths
1,944
Sq Ft
$79/Sq Ft
Est. Value
Highlights
- Front Porch
- Forced Air Heating System
- Carpet
- 1-Story Property
- Wood Siding
- Back Yard
About This Home
As of September 2021Ranch style duplex with long term tenants that are month-to-month, both pay $750.00/month
Each side has 3 bedrooms and 1 bath with full basements.
Only serious buyers please for showings with pre-approval letter. We do not want to disturb tenants unless serious buyer.
Last Agent to Sell the Property
Liberty Realty Co. License #6502139143 Listed on: 07/14/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,128
Year Built
- Built in 1984
Lot Details
- 0.44
Parking
- 4 Parking Spaces
Home Design
- Wood Siding
- Vinyl Siding
Interior Spaces
- 1,944 Sq Ft Home
- 1-Story Property
- Basement
- Laundry in Basement
Flooring
- Carpet
- Vinyl
Utilities
- No Cooling
- Forced Air Heating System
- Cable TV Available
Additional Features
- Front Porch
- Back Yard
Listing and Financial Details
- Total Actual Rent $1,500
Community Details
Overview
- 2 Units
- Eco Farms Subdivision
Building Details
- New Taxes Expense $3,139
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2021
Closed on
Sep 2, 2021
Sold by
Sears Michael J and Sears Nancy R
Bought by
Young Christopher L and Young Imani
Seller's Agent
Mike Sears
Liberty Realty Co.
Buyer's Agent
Bonita Smith
Berkshire Hathaway HomeServices
List Price
$139,900
Sold Price
$133,900
Premium/Discount to List
-$6,000
-4.29%
Total Days on Market
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,661
Avg. Annual Appreciation
4.82%
Original Mortgage
$100,425
Outstanding Balance
$92,762
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$66,964
Purchase Details
Closed on
Sep 11, 2001
Sold by
Foster Arthur L and Foster Patricia
Bought by
Sears Michael J and Sears Nancy R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,600
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Young Christopher L | $133,900 | None Available | |
| Sears Michael J | $97,000 | Midstate Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Young Christopher L | $100,425 | |
| Previous Owner | Sears Michael J | $42,940 | |
| Previous Owner | Sears Michael J | $79,000 | |
| Previous Owner | Sears Michael J | $130,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2021 09/03/21 | Sold | $133,900 | -4.3% | $69 / Sq Ft |
| 07/30/2021 07/30/21 | Pending | -- | -- | -- |
| 07/14/2021 07/14/21 | For Sale | $139,900 | 0.0% | $72 / Sq Ft |
| 07/06/2021 07/06/21 | Pending | -- | -- | -- |
| 07/04/2021 07/04/21 | For Sale | $139,900 | -- | $72 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $40 | $68,300 | $16,200 | $52,100 |
| 2023 | $4,565 | $59,000 | $16,200 | $42,800 |
| 2022 | $4,171 | $51,600 | $11,400 | $40,200 |
| 2021 | $3,151 | $45,100 | $8,400 | $36,700 |
| 2020 | $3,128 | $41,900 | $8,400 | $33,500 |
| 2019 | $3,017 | $40,300 | $8,400 | $31,900 |
| 2018 | $2,865 | $38,100 | $8,400 | $29,700 |
| 2017 | $2,756 | $38,100 | $8,400 | $29,700 |
| 2016 | $2,721 | $36,000 | $8,400 | $27,600 |
| 2015 | $2,721 | $34,700 | $16,794 | $17,906 |
| 2014 | $2,721 | $35,200 | $21,733 | $13,467 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Sears
-
Bonita Smith
Buyer's Agent in 2021
Bonita Smith
Berkshire Hathaway HomeServices
(517) 402-5307
1 in this area
15 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 257164
APN: 01-01-31-428-182
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