NOT LISTED FOR SALE

2811 Averill Dr Lansing, MI 48911

Averill Woods Neighborhood

Estimated Value: $209,059 - $284,000

Studio
2 Baths
1,768 Sq Ft
$132/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $153,000 $87 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,710/month

5 Days on Market

Highlights

  • Ranch Style House
  • 4 Car Attached Garage
  • Fenced
  • Covered Patio or Porch
  • Forced Air Heating System

About This Home

As of May 2018

Welcome to 2811 and 2813 Averill. This duplex features almost 1800 sq foot of living space (almost 900 sq foot each side). Each has 2 bedrooms, a full bathroom, spacious kitchen, and a combo living/dining room. 2813 is currently vacant and is easy to show with fresh carpets and paint. 2811 has been rented to the same tenant for about 10yrs at $700/mo (currently month to month). Both furnaces have been installed 2012, and Anderson windows thoughout are recent additions too.. Each unit has its own garage and its own private basement. This could be a great starter home with income potential. Schedule an appointment to see for yourself....

Last Agent to Sell the Property

Richard Gingras

RE/MAX Real Estate Professionals License #6501305265 Listed on: 04/03/2018

RE/MAX Real Estate Professionals

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80x129
  • Fenced

Home Design

  • Duplex
  • Ranch Style House
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,768 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Total Actual Rent $700

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Gross Rent: 700.0
  • Tax Year: 2016
  • Levels: One
  • Year Built: 1972
  • Lot Size Acres: 0.24
  • Lot Size: 80x129
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1768.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 80x129
  • General Property Info:Above Grade Finished Area: 1768.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced: Yes
  • Tax Info:Taxes2: 3911.0
  • Tax Info:Zoning3: Multi-Family
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • 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
  • Fencing: Fenced
  • Patio And Porch Features: Covered
  • Construction Type: Aluminum Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Attached, Finished, Garage Door Opener, Joint
  • Attached Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Finished2: Yes
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
May 21, 2018
Sold by
Wolcott William G
Bought by
Good Kyle
Seller's Agent
Richard Gingras
RE/MAX Real Estate Professionals
Buyer's Agent
Non Member
Non Member Office
List Price
$149,900
Sold Price
$153,000
Premium/Discount to List
$3,100
2.07%
Current Estimated Value
$233,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,265
Avg. Annual Appreciation
5.53%
Original Mortgage
$150,228
Outstanding Balance
$129,351
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$103,914

Purchase Details

Closed on
Aug 27, 2010
Sold by
Wolcott William George and Wolcott Gloria Elena
Bought by
Wolcott William G

Purchase Details

Closed on
Jan 18, 2010
Sold by
Wolcott William G and Wolcott Gloria E
Bought by
Wolcott William George and Wolcott Gloria Elena

Purchase Details

Closed on
May 14, 1998
Sold by
Godwin Gary A and Godwin Debra S
Bought by
Wolcott William G

Purchase Details

Closed on
May 1, 1995
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Good Kyle $153,000 Liberty Title
Wolcott William G -- None Available
Wolcott William George -- None Available
Wolcott William G $105,000 --
-- $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Good Kyle $150,228
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2018 05/21/18 Sold $153,000 +2.1% $87 / Sq Ft
04/08/2018 04/08/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $149,900 -- $85 / 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
2025 $5,949 $99,800 $15,000 $84,800
2024 $48 $95,100 $15,000 $80,100
2023 $5,589 $84,600 $15,000 $69,600
2022 $5,075 $75,400 $13,000 $62,400
2021 $4,963 $74,900 $13,600 $61,300
2020 $4,930 $68,500 $13,600 $54,900
2019 $4,721 $69,000 $13,600 $55,400
2018 $3,636 $63,900 $13,600 $50,300
2017 $3,958 $63,900 $13,600 $50,300
2016 $3,801 $55,100 $13,600 $41,500
2015 $3,801 $51,200 $27,113 $24,087
2014 $3,801 $50,200 $27,113 $23,087
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Richard Gingras

    RE/MAX Michigan

    Section Image

  • N

    Buyer's Agent in 2018

    Non Member

    Non Member Office

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 224691

Greater Lansing Association of Realtors®

APN: 01-01-30-302-011

Michigan Ingham County Lansing 48911 Averill Woods

2811 Averill Dr, Lansing, MI

Not Listed for Sale

MultiFamily

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