NOT LISTED FOR SALE

2705 Hampden Dr Unit 1 Lansing, MI 48911

Lewton Rich Neighborhood

Estimated Value: $236,393 - $293,000

-- Bed
-- Bath
3,094 Sq Ft
$84/Sq Ft Est. Value

Last Sold September 08, 2017

Last sale price $130,000 $42 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,461/month

84 Days on Market

About This Home

As of September 2017

Great income property! Good central location, close to highways, LCC or MSU. This is a four unit complex. Well maintained, long term tenants. Hot water heat, Owner pays heat. Building has coin laundry. Locked outside entrance. Property has plenty of parking and Storage shed.

Last Agent to Sell the Property

Denny Moore

Coldwell Banker Professionals-Delta License #6506023952 Listed on: 05/31/2017

Coldwell Banker Professionals-Delta

Co-Listed By

Gayle Shaffer

Coldwell Banker Realty-Holt

Last Buyer's Agent

Jon Techentin

RE/MAX Real Estate Professionals License #6501397669

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 90x105

Parking

  • No Garage

Home Design

  • 3,094 Sq Ft Home
  • Bi-Level Home
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Basement

  • Walk-Out Basement
  • Natural lighting in basement

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $26,940

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $1,100
  • Insurance Expense $2,059
  • Water Sewer Expense $1,100
  • New Taxes Expense $4,318

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Gross Rent: 26940.0
  • Less Fuel: 1457.0
  • Other Income: 581.0
  • Water Sewer Expenses: 1100.0
  • Misc Business Info Construction Type: FRAME
  • Misc Business Info Parking Surface: BLACKTOP
  • Misc Business Info Roof Type: GABLE/SHINGLE
  • Tax Year: 2016
  • Registered Licenses for Unrelated Occupants: YES
  • Misc Business Info Overall Building Siz: 3094
  • Year Built: 1966
  • Lot Size Acres: 0.22
  • Lot Size: 90X105
  • Co List Office Mls Id: 780
  • Co List Office Phone: 517-694-7393
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 3094.0
  • Architectural Style: Bi-Level
  • General Property Info:Lot Size Dimensions: 90X105
  • General Property Info:Above Grade Finished Area: 3094.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Exterior:Brick: Yes
  • Architectural Style:Bi-Level: Yes
  • Tax Info:Taxes2: 4318.0
  • 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: 4
  • Annual Inc Expense:Insurance4: 2059.0
  • Annual Inc Expense:Tax Expense2: 4318.0
  • Annual Inc Expense:Electricity5: 1100.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Walk-Out Access
  • Heating: Hot Water, Natural Gas
  • Property Type: Resid/Multi-Family
  • Basement:Daylight: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Aluminum Siding, Brick

Garage/Parking

  • Parking Features: Asphalt, No Garage
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:No Garage: Yes
  • General Property Info:Parking Total: PLENTY

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2021
Sold by
Brown Beenjamin D
Bought by
Brown Benjamin D and Brown Darlene E
Total Days on Market
84
Current Estimated Value
$260,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Outstanding Balance
$107,504
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$152,844

Purchase Details

Listed on
May 31, 2017
Closed on
Sep 18, 2017
Sold by
Yager Gregory L and Yager Diana L
Bought by
Brown Benjamin D
Seller's Agent
Denny Moore
Coldwell Banker Professionals-Delta
Buyer's Agent
Jon Techentin
RE/MAX Real Estate Professionals
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$97,500
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2017
Closed on
Sep 8, 2017
Sold by
Yager Gregory L and Yager Diana L
Bought by
Brown Benjamin D
Seller's Agent
Denny Moore
Coldwell Banker Professionals-Delta
Buyer's Agent
Jon Techentin
RE/MAX Real Estate Professionals
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2002
Sold by
Stauffer Warren G
Bought by
Yager Gregory L and Yager Diana L
Source: Public Records

Range of Values:

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Average Value
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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
Brown Benjamin D -- Liberty Title
Brown Benjamin D -- None Available
Brown Benjamin D -- None Available
Yager Gregory L $87,375 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Benjamin D $140,250
Closed Brown Benjamin D $97,500
Closed Brown Benjamin D $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2017 09/08/17 Sold $130,000 -7.1% $42 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $139,900 -- $45 / 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 $54 $109,000 $15,500 $93,500
2023 $6,410 $95,800 $15,500 $80,300
2022 $5,866 $84,000 $13,400 $70,600
2021 $5,732 $80,800 $12,800 $68,000
2020 $5,689 $76,300 $12,800 $63,500
2019 $5,486 $70,100 $12,800 $57,300
2018 $5,211 $65,100 $12,800 $52,300
2017 $4,372 $65,100 $12,800 $52,300
2016 $4,198 $57,000 $12,800 $44,200
2015 $4,198 $54,200 $25,559 $28,641
2014 $4,198 $53,100 $25,559 $27,541
Source: Public Records

Agents Affiliated with this Home

  • Denny Moore

    Seller's Agent in 2017

    Denny Moore

    Coldwell Banker Professionals-Delta

    (517) 323-7177

    Section Image

  • G

    Seller Co-Listing Agent in 2017

    Gayle Shaffer

    Coldwell Banker Hubbell BriarWood

  • Jon Techentin

    Buyer's Agent in 2017

    Jon Techentin

    RE/MAX Michigan

    (517) 449-6853

    100 Total Sales

    Jon Techentin
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 216420

Greater Lansing Association of Realtors®

APN: 01-01-30-278-091

Michigan Ingham County Lansing 48911 Lewton Rich

2705 Hampden Dr Unit 1, Lansing, MI

This home is located at 2705 Hampden Dr Unit 1, Lansing, MI 48911 since 31 May 2017 and is currently estimated at $260,348, approximately $84 per square foot. This property was built in 1966. 2705 Hampden Dr Unit 1 is a home located in Ingham County with nearby schools including Averill New Tech Elementary School, Attwood School, and J.W. Sexton High School.

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