NOT LISTED FOR SALE

309 Elmwood Rd Lansing, MI 48917

Delta Township Neighborhood

Estimated Value: $238,000 - $275,175

3 Beds
2 Baths
2,516 Sq Ft
$104/Sq Ft Est. Value

Last Sold January 06, 2021

Last sale price $206,000 $82 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,923/month

21 Days on Market

Highlights

  • Covered Patio or Porch
  • Attached Garage
  • Forced Air Heating System

About This Home

As of January 2021

3 Bedroom, 1.5 Bath 2 story Duplex. 1 car attached garage. Live in one unit and collect rent on the other. Full basement. Same owner since 1978.

Last Agent to Sell the Property

Pete Holoway

Coldwell Banker Professionals-Delta License #6502131513 Listed on: 11/24/2020

Last Buyer's Agent

Michael Williams

RE/MAX Real Estate Professionals License #6506046182

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,764

Year Built

  • Built in 1968

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 101 x 120

Home Design

  • Slab Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,516 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $23,700

Community Details

Overview

  • 2 Units
  • Dornet Villas Subdivision

Building Details

  • New Taxes Expense $3,765
  • Operating Expense $3,765

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,764

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Gross Rent: 23700.0
  • Total Expense: 3765.0
  • Misc Business Info Roof Type: Shingle
  • Tax Year: 2019
  • Levels: Two
  • Year Built: 1968
  • Lot Size Acres: 0.28
  • Lot Size: 101 x 120
  • Subdivision Name: Dornet Villas
  • Above Grade Finished Sq Ft: 2516.0
  • General Property Info:Lot Size Dimensions: 101 x 120
  • General Property Info:Above Grade Finished Area: 2516.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Foundation Details:Slab: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Tax Info:Taxes2: 3764.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: None
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Tax Expense2: 3765.0
  • 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
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Construction Type: Aluminum Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Attached, Garage Door Opener
  • Attached Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes
  • General Property Info:Parking Total: 0

Utilities

  • Sewer: Public Sewer
  • SecurityFeatures: Smoke Detector(s)
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Waverly

Lot Info

  • Lot Size Sq Ft: 12109.68
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 3765.0
  • Tax Carrier Route: 3335

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Jan 6, 2021
Sold by
Zamora Philomena and Estate Of Margherita Zisa
Bought by
Vanderwal Calvin and Vanderwal Alexandra
Seller's Agent
Pete Holoway
Coldwell Banker Professionals-Delta
Buyer's Agent
Michael Williams
RE/MAX Real Estate Professionals
List Price
$225,000
Sold Price
$206,000
Premium/Discount to List
-$19,000
-8.44%
Current Estimated Value
$261,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,044
Avg. Annual Appreciation
6.45%
Original Mortgage
$146,000
Outstanding Balance
$130,901
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$144,251
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
Vanderwal Calvin $206,000 Tri County Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanderwal Calvin $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2021 01/06/21 Sold $206,000 -8.4% $82 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $225,000 -- $89 / 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 $6,016 $113,800 $0 $0
2024 $3,409 $104,900 $0 $0
2023 $2,816 $98,000 $0 $0
2022 $4,447 $90,300 $0 $0
2021 $3,201 $78,700 $0 $0
2020 $3,775 $69,300 $0 $0
2019 $3,725 $169,116 $0 $0
2018 $3,640 $63,200 $0 $0
2017 $3,164 $63,200 $0 $0
2016 -- $61,200 $0 $0
2015 -- $61,200 $0 $0
2014 -- $58,800 $0 $0
2013 -- $60,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Pete Holoway

    Coldwell Banker Professionals-Delta

  • Michael Williams

    Buyer's Agent in 2021

    Michael Williams

    RE/MAX Michigan

    (517) 331-3203

    2 in this area

    82 Total Sales

    Michael Williams
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 251648

Greater Lansing Association of Realtors®

APN: 040-047-300-590-00

Michigan Eaton County Lansing 48917 Delta Township

309 Elmwood Rd, Lansing, MI

This home is located at 309 Elmwood Rd, Lansing, MI 48917 since 24 November 2020 and is currently estimated at $261,044, approximately $103 per square foot. This property was built in 1968. 309 Elmwood Rd is a home located in Eaton County with nearby schools including Waverly Senior High School, Greater Lansing Adventist School, and St. Gerard Elementary 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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