NOT LISTED FOR SALE

Estimated Value: $163,000 - $202,000

-- Bed
-- Bath
2,107 Sq Ft
$89/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $148,900 $71 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,188/month

257 Days on Market

Highlights

  • Double Pane Windows
  • Forced Air Heating System
  • Laundry Facilities
  • Ceramic Tile Flooring
  • Baseboard Heating
  • 3-minute walk to Washington Park

About This Home

As of April 2023

4 Unit Building Across from Washington Park.
Paying Tenants in ALL Units. All Units Have Separate Services and Meters for Utilities.

Ranges & Fridges Included in All Units. Newer Furnaces and 4 Water Heaters. Double Pane Windows and Vinyl Siding.

Building was Actually moved to this location in 1960. Placed on a new block Foundation at that time. Lockable Storage Units for Tenants in Full Basement.
Seller is licensed in Real Estate in Michigan.

Last Agent to Sell the Property

Chris Garno

Garno Property Management LLC License #6502352497 Listed on: 04/11/2023

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 28.65x130

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,107 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Washer and Gas Dryer Hookup

Flooring

  • Carpet
  • Ceramic Tile

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Block Basement Construction
  • Laundry in Basement

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $27,540

Community Details

Overview

  • 4 Units
  • Washington Park Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Water Sewer Expense $600
  • New Taxes Expense $4,495

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Gross Rent: 27540.0
  • Water Sewer Expenses: 600.0
  • Tax Year: 2021
  • Levels: Two
  • Year Built: 1885
  • Lot Size Acres: 0.2
  • Lot Size: 28.65x130
  • Subdivision Name: Washington Park
  • Above Grade Finished Sq Ft: 2107.0
  • General Property Info:Lot Size Dimensions: 28.65x130
  • General Property Info:Above Grade Finished Area: 2107.0
  • Levels:Two2: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:In Basement: Yes
  • Laundry Features:Washer Hookup: Yes
  • Flooring:Carpet: Yes
  • Foundation Details:Block4: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Exterior:Vinyl Siding: Yes
  • Flooring:Ceramic Tile: Yes
  • Cooling:None8: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Laundry Features:Common Area: Yes
  • Tax Info:Taxes2: 4371.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 2905 S. Washington
  • General Property Info:_pound_ of Units: 4
  • Water Heater:Electric Water Heater2: Yes
  • Annual Inc Expense:Tax Expense2: 4495.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Exterior Entry, Full
  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Flooring: Carpet, Ceramic Tile
  • Property Type: Resid/Multi-Family
  • Window Features: Double Pane Windows
  • Full Basement: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Block2: Yes

Exterior Features

  • Foundation Details: Block
  • Construction Type: Vinyl Siding
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Parking Features: Asphalt, Off Street
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:Off Street: Yes
  • General Property Info:Parking Total: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: Common Area, Electric Dryer Hookup, Gas Dryer Hookup, In Basement, Washer Hookup
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Baseboard: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 2847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
Apr 12, 2023
Sold by
Gamo Christopher K and Gamo Daniel J
Bought by
J Farr Llc
Seller's Agent
Chris Garno
Garno Property Management LLC
Buyer's Agent
Non Member
Non Member Office
List Price
$155,900
Sold Price
$148,900
Premium/Discount to List
-$7,000
-4.49%
Views
1
Current Estimated Value
$188,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,600
Avg. Annual Appreciation
8.98%

Purchase Details

Closed on
Dec 22, 2012
Sold by
Game Christopher K and Game Daniel
Bought by
Garno Christopher and Gamo Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,120
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2001
Sold by
Kanjilal Subhamay
Bought by
Garno Christopher K and Garno Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,800
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2000
Sold by
Kanjilal Subhamay
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Aug 22, 2000
Sold by
Colling James A and Colling Carol Ann
Bought by
Kanjilal Suhamay

Purchase Details

Closed on
Dec 3, 1998
Sold by
Kanjilal Subhamay
Bought by
Colling Jame A

Purchase Details

Closed on
Oct 1, 1995
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
J Farr Llc $148,900 Ata National Title
Garno Christopher -- None Listed On Document
Garno Christopher K $68,500 --
Mortgage Electronic Registration Systems $58,039 --
Kanjilal Suhamay $73,973 --
Colling Jame A -- --
-- $74,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garno Christopher $119,120
Previous Owner Garno Christopher K $54,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2023 04/12/23 Sold $148,900 -4.5% $71 / Sq Ft
04/11/2023 04/11/23 For Sale $155,900 0.0% $74 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
12/07/2022 12/07/22 Price Changed $155,900 -1.3% $74 / Sq Ft
10/13/2022 10/13/22 Price Changed $157,900 -1.3% $75 / Sq Ft
09/08/2022 09/08/22 Price Changed $159,900 -3.6% $76 / Sq Ft
07/29/2022 07/29/22 Price Changed $165,900 -5.1% $79 / Sq Ft
07/25/2022 07/25/22 Price Changed $174,900 -2.8% $83 / Sq Ft
07/13/2022 07/13/22 For Sale $179,900 -- $85 / 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
2025 $8,488 $112,700 $15,500 $97,200
2024 $69 $98,800 $15,500 $83,300
2023 $4,879 $87,300 $15,500 $71,800
2022 $4,473 $77,000 $9,900 $67,100
2021 $4,371 $70,400 $7,500 $62,900
2020 $4,337 $66,700 $7,500 $59,200
2019 $4,176 $59,100 $7,500 $51,600
2018 $3,973 $51,000 $7,500 $43,500
2017 $3,818 $51,000 $7,500 $43,500
2016 $3,666 $49,000 $7,500 $41,500
2015 $3,666 $46,500 $15,015 $31,485
2014 $3,666 $45,700 $12,807 $32,893
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 266826

Greater Lansing Association of Realtors®

APN: 01-01-28-302-021