NOT LISTED FOR SALE

2950 Briarwick Ct East Lansing, MI 48823

Estimated Value: $326,000 - $401,522

6 Beds
2 Baths
2,688 Sq Ft
$140/Sq Ft Est. Value

Last Sold February 21, 2014

Last sale price $180,000 $67 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,629/month

Highlights

  • Covered Patio or Porch
  • 6 Car Attached Garage
  • Forced Air Heating System
  • MacDonald Middle School Rated A-

About This Home

As of February 2014

Great owner occupied and/or investment property. Each unit offers 3 bedrooms and 1.5 baths, formal dining, nice size deck, garage, and great yard. Each unit has same square footage and floor plan; however unit 2 (2954) has a partially finished basement offering additional living space. The kitchen in 2954 was updated in the 1990's. Both units are leased. 2950 (Nov 2014) 2954 (May 2014) Roof was replaced in 2006

Last Agent to Sell the Property

Loretta Spinrad

BridgeStreet Real Estate, LLC License #6502395879 Listed on: 01/24/2014

Last Buyer's Agent

John Munn

Berkshire Hathaway HomeServices License #6506040104

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 0.32

Parking

  • 6 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 2,688 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Lot Dimensions are 130x131

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Tax Year: 13
  • Levels: Two
  • Year Built: 1970
  • Lot Size: 130x131
  • Above Grade Finished Sq Ft: 2688.0
  • General Property Info:Lot Size Dimensions: 130x131
  • General Property Info:Above Grade Finished Area: 2688.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Brick: Yes
  • Tax Info:Taxes2: 5500.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • 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

  • Patio And Porch Features: Covered
  • Construction Type: Aluminum Siding, Brick
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • General Property Info:Parking Total: 6

Utilities

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2014
Closed on
Feb 19, 2014
Sold by
David J Johnson Revocable Trust
Bought by
Prior Mark
Seller's Agent
Loretta Spinrad
BridgeStreet Real Estate, LLC
Buyer's Agent
John Munn
Berkshire Hathaway HomeServices
List Price
$184,900
Sold Price
$180,000
Premium/Discount to List
-$4,900
-2.65%
Current Estimated Value
$375,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,131
Avg. Annual Appreciation
6.53%
Original Mortgage
$144,000
Outstanding Balance
$109,282
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$265,849

Purchase Details

Closed on
Mar 8, 1999
Sold by
Johnson David J
Bought by
Johnson David J

Purchase Details

Closed on
Nov 1, 1993
Bought by
Johnson

Purchase Details

Closed on
Nov 1, 1989
Bought by
Vlahakis
Source: Public Records

Range of Values:

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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
Prior Mark $180,000 Tri County Title Agency Llc
Johnson David J -- First American Title Ins Co
Johnson $142,500 --
Vlahakis $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prior Mark $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2014 02/21/14 Sold $180,000 -2.7% $67 / Sq Ft
01/24/2014 01/24/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $184,900 -- $69 / 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 $7,680 $172,600 $27,600 $145,000
2024 $7,260 $132,900 $27,600 $105,300
2023 $7,260 $123,700 $26,600 $97,100
2022 $6,970 $107,700 $23,600 $84,100
2021 $6,807 $103,400 $26,600 $76,800
2020 $6,732 $101,000 $26,600 $74,400
2019 $6,441 $96,200 $25,800 $70,400
2018 $6,245 $93,400 $27,100 $66,300
2017 $5,995 $95,000 $27,100 $67,900
2016 $2,565 $90,500 $25,500 $65,000
2015 $2,565 $86,900 $43,552 $43,348
2014 $2,565 $91,500 $40,896 $50,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 55177

Greater Lansing Association of Realtors®

APN: 02-02-05-302-013