NOT LISTED FOR SALE

2729 N Martin Luther King jr Blvd Lansing, MI 48906

Northwestside Neighborhood

Estimated Value: $83,000 - $124,248

1 Bed
2 Baths
1,424 Sq Ft
$73/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $85,000 $60 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $582/month

13 Days on Market

Highlights

  • Cape Cod Architecture
  • Circular Driveway
  • Double Pane Windows
  • Wood Flooring
  • Front Porch
  • Forced Air Heating System

About This Home

As of September 2023

Great income opportunity that could easily be transformed into a 3-bedroom single-family home. Each unit has 1-bedroom, kitchen, full bath, and dining space. Lower-level unit is slightly larger and has access to the basement with laundry hookup, some finished are and plenty of storage. Tenants are on a month-to-month lease, both would love to remain as renters and licensed as a rental through March 2025.

Last Agent to Sell the Property

Andrew Willson

Keller Williams Realty Lansing License #6501424272 Listed on: 08/08/2023

Keller Williams Realty Lansing

Last Buyer's Agent

Michaela Martin

RE/MAX Real Estate Professionals License #6501425046

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 1,642 Sq Ft Lot
  • Lot Dimensions are 90.75x181
  • Back Yard Fenced and Front Yard

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,424 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Fire and Smoke Detector

Flooring

  • Wood
  • Tile

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Natural lighting in basement

Parking

  • 4 Parking Spaces
  • Circular Driveway

Outdoor Features

  • Front Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Total Actual Rent $1,425

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Gross Rent: 1425.0
  • Tax Year: 2022
  • Registered Licenses for Unrelated Occupants: Rental
  • Unit Information License Register Exp: 2025-03-01
  • Levels: Two
  • Year Built: 1924
  • Lot Size Acres: 0.04
  • Lot Size: 90.75x181
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1424.0
  • Architectural Style: Cape Cod
  • General Property Info:Lot Size Dimensions: 90.75x181
  • General Property Info:Above Grade Finished Area: 1424.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Laundry Features:In Basement: Yes
  • Fencing:Partial2: Yes
  • Electric:_one_00 Amp Service: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Fencing:Back Yard: Yes
  • Architectural Style:Cape Cod: Yes
  • Flooring:Tile2: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 2526.16
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Residential
  • General Property Info:_pound_ of Units: 2
  • Flooring:Wood4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Full
  • Heating: Forced Air, Natural Gas
  • Flooring: Tile, Wood
  • Property Type: Resid/Multi-Family
  • Window Features: Double Pane Windows
  • Full Basement: Yes
  • Basement:Daylight: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Private Yard
  • Fencing: Back Yard, Partial
  • Lot Features: Back Yard, Front Yard, Private
  • RoadFrontageType: City Street
  • RoadSurfaceType: Concrete
  • Patio And Porch Features: Front Porch, Rear Porch
  • Construction Type: Aluminum Siding
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Patio Porch Features:Front Porch: Yes
  • Window Features:Double Pane Windows: Yes
  • Lot Features:Private2: Yes
  • Patio Porch Features:Rear Porch: Yes
  • Exterior Features:Private Yard: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Cooling: None
  • Electric: 100 Amp Service
  • LaundryFeatures: In Basement
  • SecurityFeatures: Smoke Detector(s)
  • Utilities: High Speed Internet Available, Cable Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 1642.21
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Carrier Route: 2979

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Oct 4, 2023
Sold by
Jackson Arielle Alman and Jackson Brian Thomas
Bought by
Ehj Properties Llc
Seller's Agent
Andrew Willson
Keller Williams Realty Lansing
Buyer's Agent
Michaela Martin
RE/MAX Real Estate Professionals
List Price
$95,000
Sold Price
$85,000
Premium/Discount to List
-$10,000
-10.53%
Views
50
Current Estimated Value
$104,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,725
Avg. Annual Appreciation
11.88%

Purchase Details

Listed on
Aug 8, 2023
Closed on
Sep 20, 2023
Sold by
Carter-Leese Christine Samantha
Bought by
Jackson Brian and Jackson Arielle
Seller's Agent
Andrew Willson
Keller Williams Realty Lansing
Buyer's Agent
Michaela Martin
RE/MAX Real Estate Professionals
List Price
$95,000
Sold Price
$85,000
Premium/Discount to List
-$10,000
-10.53%
Views
50

Purchase Details

Closed on
Oct 10, 2022
Sold by
Leese Christine Samantha Carter
Bought by
Christine S Leese Revocable Trust

Purchase Details

Closed on
Dec 20, 2004
Sold by
Cannon Terry
Bought by
Carter Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,800
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2004
Sold by
The Estate Of James E Yoder
Bought by
Cannon Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,830
Interest Rate
8.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1992
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
Ehj Properties Llc -- None Listed On Document
Jackson Brian $85,000 None Listed On Document
Christine S Leese Revocable Trust -- --
Carter Christine $102,000 Tri Title Agency
Cannon Terry $48,500 Chicago Title Insurance Co
-- $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Christine $91,800
Previous Owner Cannon Terry $37,830
Closed Cannon Terry $10,670
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $85,000 -10.5% $60 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $95,000 -- $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 $35 $50,700 $14,100 $36,600
2023 $2,694 $47,000 $14,100 $32,900
2022 $2,468 $43,900 $14,100 $29,800
2021 $2,412 $39,600 $11,800 $27,800
2020 $2,393 $36,200 $11,800 $24,400
2019 $2,306 $33,400 $11,800 $21,600
2018 $2,192 $30,400 $11,800 $18,600
2017 $2,107 $30,400 $11,800 $18,600
2016 $2,072 $30,000 $11,800 $18,200
2015 $2,072 $28,800 $23,558 $5,242
2014 $2,072 $25,500 $20,345 $5,155
Source: Public Records

Agents Affiliated with this Home

  • Andrew Willson

    Seller's Agent in 2023

    Andrew Willson

    Keller Williams Realty Lansing

    (517) 402-3606

    1 in this area

    32 Total Sales

    Section Image
  • Michaela Martin

    Buyer's Agent in 2023

    Michaela Martin

    RE/MAX Michigan

    (859) 391-4447

    2 in this area

    64 Total Sales

    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 275107

Greater Lansing Association of Realtors®

APN: 01-01-05-404-081

Michigan Ingham County Lansing 48906 Northwestside

2729 N Martin Luther King jr Blvd, Lansing, MI

This home is located at 2729 N Martin Luther King jr Blvd, Lansing, MI 48906 since 08 August 2023 and is currently estimated at $103,562, approximately $72 per square foot. This property was built in 1924. 2729 N Martin Luther King jr Blvd is a home located in Ingham County with nearby schools including Cumberland Elementary School, Pattengill Academy, and J.W. Sexton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Copyright © 2025 Greater Lansing Association of REALTORS®

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