NOT LISTED FOR SALE

307 S 8th St Lansing, MI 48912

The Stadium District Neighborhood

Estimated Value: $99,386 - $123,000

-- Bed
1 Bath
1,309 Sq Ft
$86/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $69,900 $53 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $615/month

28 Days on Market

About This Home

As of August 2018

Great location in downtown Lansing convenient to city core, MSU, LCC and 496. Beautiful natural woodwork, hardwood floors, masonry fireplace and built in server. Currently 2 unit that could easily be converted to single family if desired! Seperate utilities other than electric. All appliances remain. Ready to move into!

Last Agent to Sell the Property

Wanda Bloomquist

Berkshire Hathaway HomeServices License #6501179288 Listed on: 06/18/2018

Berkshire Hathaway HomeServices

Last Buyer's Agent

Russell Lee

Keller Williams Realty Lansing License #6501412485

Keller Williams Realty Lansing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,699

Year Built

  • Built in 1924

Lot Details

  • 2,744 Sq Ft Lot
  • Lot Dimensions are 41x66

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,309 Sq Ft Home
  • 2-Story Property

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 3 Parking Spaces
  • No Garage

Outdoor Features

  • Covered patio or porch

Utilities

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

Listing and Financial Details

  • Total Actual Rent $1,560

Community Details

Overview

  • 2 Units
  • Green Oak Subdivision

Building Details

  • Electric Expense $1,200
  • Insurance Expense $1,000
  • New Taxes Expense $1,699

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,699

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Gross Rent: 1560.0
  • Misc Business Info Parking Surface: CONCRETE
  • Tax Year: 2017
  • Misc Business Info Overall Building Siz: 1309
  • Levels: Two
  • Year Built: 1924
  • Lot Size Acres: 0.06
  • Lot Size: 41X66
  • Subdivision Name: Green Oak
  • Above Grade Finished Sq Ft: 1309.0
  • General Property Info:Lot Size Dimensions: 41X66
  • General Property Info:Above Grade Finished Area: 1309.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Tax Info:Taxes2: 1699.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: CLA
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Insurance4: 1000.0
  • Annual Inc Expense:Tax Expense2: 1699.0
  • Annual Inc Expense:Electricity5: 1200.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Partial
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Basement:Crawl Space: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Covered
  • Construction Type: Aluminum Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • Misc Business Info:_pound_ Parking: 3
  • General Property Info:Parking Total: 3

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: 2744.28
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2018
Closed on
Aug 28, 2018
Sold by
Garcin 307 Llc
Bought by
Hochstedler Peter J
Seller's Agent
Wanda Bloomquist
Berkshire Hathaway HomeServices
Buyer's Agent
Russell Lee
Keller Williams Realty Lansing
List Price
$69,900
Sold Price
$69,900
Current Estimated Value
$111,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,303
Avg. Annual Appreciation
6.82%
Original Mortgage
$68,633
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 14, 2005
Sold by
Linn Gary L and Winn Cynthia L
Bought by
Garcin 307 Llc
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
Hochstedler Peter J $69,900 Tri Title Agency Llc
Garcin 307 Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hochstedler Peter J $66,278
Closed Hochstedler Peter J $68,633
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2018 08/28/18 Sold $69,900 0.0% $53 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $69,900 -- $53 / 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 $17 $52,200 $2,800 $49,400
2023 $2,051 $42,100 $2,800 $39,300
2022 $411 $36,900 $2,300 $34,600
2021 $426 $32,500 $2,800 $29,700
2020 $1,802 $29,000 $2,800 $26,200
2019 $1,680 $27,700 $2,800 $24,900
2018 $1,735 $22,700 $2,800 $19,900
2017 $1,693 $22,700 $2,800 $19,900
2016 $1,663 $22,200 $2,800 $19,400
2015 $1,663 $21,700 $5,507 $16,193
2014 $1,663 $21,800 $5,812 $15,988
Source: Public Records

Agents Affiliated with this Home

  • Wanda Bloomquist

    Seller's Agent in 2018

    Wanda Bloomquist

    Berkshire Hathaway HomeServices

    (517) 853-6322

    28 Total Sales

    Section Image

  • R

    Buyer's Agent in 2018

    Russell Lee

    Keller Williams Realty Lansing

    (616) 836-5320

    1 in this area

    17 Total Sales

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 227330

Greater Lansing Association of Realtors®

APN: 01-01-15-311-011

Michigan Ingham County Lansing 48912 The Stadium District

307 S 8th St, Lansing, MI

This home is located at 307 S 8th St, Lansing, MI 48912 since 18 June 2018 and is currently estimated at $112,097, approximately $85 per square foot. This property was built in 1924. 307 S 8th St is a home located in Ingham County with nearby schools including Pattengill Academy, Riddle Elementary School, and Eastern Lansing 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.

Greater Lansing Association of Realtors® IDX information is provided exclusively for Consumers'
personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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