NOT LISTED FOR SALE

312 Lamson St Grand Ledge, MI 48837

Estimated Value: $209,000 - $297,000

4 Beds
2 Baths
1,912 Sq Ft
$132/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $186,900 $98 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,636/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Wood Frame Window
  • Card or Code Access
  • Leon W. Hayes Middle School Rated A-
  • Front Porch
  • Ceramic Tile Flooring

About This Home

As of October 2022

Great income potential with this 2-unit in Grand Ledge. Both units have two bedrooms. A shed is available for each unit. Close to schools and shopping. One unit is occupied, rent is month to month. The seller is a Michigan licensed realtor, one unit is vacant. New roof installed October 2022.

Last Agent to Sell the Property

Chris Dean

Gateway to Homes License #6506043716 Listed on: 10/03/2022

Last Buyer's Agent

Paul Brown

Gateway to Homes License #6506040806

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,395

Year Built

  • Built in 1940

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 55.5x66
  • Partially Fenced Property
  • Wood Fence

Home Design

  • Duplex
  • Traditional Architecture
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,912 Sq Ft Home
  • 2-Story Property
  • Wood Frame Window
  • Michigan Basement
  • Sink Near Laundry

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • No Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Front Porch

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Natural Gas
  • 220 Volts in Kitchen
  • Gas Water Heater

Community Details

  • 2 Units
  • Card or Code Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,395

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Tax Year: 2021
  • Levels: Two
  • Year Built: 1940
  • Lot Size Acres: 0.08
  • Lot Size: 55.5x66
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1912.0
  • Architectural Style: Traditional, Multi-Story
  • General Property Info:Lot Size Dimensions: 55.5x66
  • General Property Info:Above Grade Finished Area: 1912.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • General Property Info:Spa2: No
  • General Property Info:Waterfront: No
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Foundation Details:Block4: Yes
  • Fencing:Partial2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Architectural Style:Traditional: Yes
  • General Property Info:Pool Private2: No
  • Flooring:Ceramic Tile: Yes
  • Cooling:None8: Yes
  • Fencing:Wood3: Yes
  • Laundry Features:Sink: Yes
  • Tax Info:Taxes2: 3395.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Architectural Style:Multi-Story: Yes
  • Security Features:Key Card Entry: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan
  • Heating: Central, Natural Gas
  • Flooring: Carpet, Ceramic Tile, Combination, Laminate
  • Property Type: Resid/Multi-Family
  • Window Features: Wood Frames
  • Private Spa: No
  • Basement:Michigan: Yes
  • Community Features:Street Lights: Yes
  • Community Features:Other29: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Partial, Wood
  • Foundation Details: Block
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Patio Porch Features:Front Porch: Yes
  • Window Features:Wood Frames: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features: Driveway, Gravel, No Garage, Off Street
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:Driveway: Yes
  • Misc Business Info:_pound_ Parking: 2
  • Parking Features:Off Street: Yes
  • General Property Info:Parking Total: 2

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Cooling: None
  • Electric: 220 Volts in Kitchen
  • LaundryFeatures: Sink
  • SecurityFeatures: Key Card Entry
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Street Lights, Other

Schools

  • Junior High Dist: Grand Ledge

Lot Info

  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
Oct 21, 2022
Sold by
Millers Properties Llc
Bought by
Sierra Equity & Property Llc
Seller's Agent
Chris Dean
Gateway to Homes
Buyer's Agent
Paul Brown
Gateway to Homes
List Price
$186,000
Sold Price
$186,900
Premium/Discount to List
$900
0.48%
Views
14
Current Estimated Value
$252,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,934
Avg. Annual Appreciation
9.74%

Purchase Details

Closed on
Jan 15, 2020
Sold by
Miller Moji
Bought by
Millers Properties Llc

Purchase Details

Listed on
Jan 31, 2013
Closed on
Feb 4, 2013
Sold by
Wells Fargo Bank Na
Bought by
Miller Moji
Seller's Agent
Diana Piggott
Home Towne Real Estate
Buyer's Agent
Kyle Shaw
Home Towne Real Estate
List Price
$34,900
Sold Price
$34,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.54%

Purchase Details

Closed on
Mar 31, 2010
Sold by
Minasyan Karina M
Bought by
Badalyan Nikolay

Purchase Details

Closed on
Feb 6, 2003
Sold by
Stephens Robert S and Stephens Elaine R
Bought by
Badalyan Nikolay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sierra Equity & Property Llc $186,900 Transnation Title Agency
Sierra Equity & Property Llc $186,900 Transnation Title Agency
Millers Properties Llc -- None Available
Miller Moji $34,900 None Available
Badalyan Nikolay -- None Available
Badalyan Nikolay $68,500 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Badalyan Nikolay $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2022 10/21/22 Sold $186,900 0.0% $98 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
10/03/2022 10/03/22 Price Changed $186,900 +0.5% $98 / Sq Ft
10/03/2022 10/03/22 For Sale $186,000 +433.0% $97 / Sq Ft
02/14/2013 02/14/13 Sold $34,900 0.0% $18 / Sq Ft View Prior Sale
01/29/2013 01/29/13 Pending -- -- --
01/11/2013 01/11/13 For Sale $34,900 -- $18 / 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 $3,925 $67,000 $0 $0
2024 $2,970 $59,100 $0 $0
2023 $2,943 $59,100 $0 $0
2022 $3,529 $56,700 $0 $0
2021 $3,395 $55,600 $0 $0
2020 $3,354 $53,000 $0 $0
2019 $3,204 $105,930 $0 $0
2018 $2,967 $48,600 $0 $0
2017 $2,906 $48,600 $0 $0
2016 $2,350 $48,000 $0 $0
2015 -- $46,500 $0 $0
2014 -- $46,500 $0 $0
2013 -- $46,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 268990

Greater Lansing Association of Realtors®

APN: 400-061-662-020-00