NOT LISTED FOR SALE

313 S Holmes St Lansing, MI 48912

Hunter Park Neighborhood

Estimated Value: $142,000 - $216,000

-- Bed
-- Bath
1,664 Sq Ft
$109/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $83,160 $50 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,311/month

84 Days on Market

Highlights

  • Covered Patio or Porch
  • Wood Siding
  • 4-minute walk to Hunter Park
  • Forced Air Heating System

About This Home

As of June 2019

Fantastic income opportunity! This well-maintained duplex features two, side by side units, each with their own front and back entrance and basements. Both units offer 2 bedrooms and one-bathroom, separate utility meters and are currently rented. Each unit has 2 parking spaces located to the rear of the building. Properties have always been rented and are well-maintained. You will find hardwood floors, one has a kitchen with tile flooring and one with vinyl flooring. unit 313 with long term tenants has reserved items.

Last Agent to Sell the Property

Kathy Birchen

Berkshire Hathaway HomeServices License #6506015266 Listed on: 03/04/2019

Berkshire Hathaway HomeServices

Co-Listed By

Elizabeth Fleckenstein

Berkshire Hathaway HomeServices License #6501405762

Last Buyer's Agent

David Barone

RE/MAX Real Estate Professionals License #6506039233

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 5,924 Sq Ft Lot
  • Lot Dimensions are 49.50x120

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,664 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • No Garage
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Total Actual Rent $1,075

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Gross Rent: 1075.0
  • Misc Business Info Parking Surface: GRAVEL
  • Misc Business Info Roof Type: SHINGLE
  • Tax Year: 2018
  • Registered Licenses for Unrelated Occupants: 2
  • Unit Information License Register Exp: 2021-12-31
  • Levels: Two
  • Year Built: 1951
  • Lot Size Acres: 0.14
  • Lot Size: 49.50X120
  • Co List Office Mls Id: 340
  • Co List Office Phone: 517-351-3617
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1664.0
  • General Property Info:Lot Size Dimensions: 49.50X120
  • General Property Info:Above Grade Finished Area: 1664.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Exterior:Shingle Siding: Yes
  • Exterior:Wood Siding: Yes
  • Tax Info:Taxes2: 2752.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: DUPLEX
  • General Property Info:_pound_ of Units: 2
  • Misc Business Info Zoning5: RES
  • 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
  • Patio And Porch Features: Covered
  • Construction Type: Shingle Siding, Wood Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 2

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • SecurityFeatures: Smoke Detector(s)
  • Utilities: Cable Available
  • 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: 5924.16
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2019
Closed on
Jun 1, 2019
Sold by
Vanhoozier Nancy and Jones Julie Ann
Bought by
Mcclain Anthony
Seller's Agent
Kathy Birchen
Berkshire Hathaway HomeServices
Buyer's Agent
David Barone
RE/MAX Real Estate Professionals
List Price
$84,900
Sold Price
$83,160
Premium/Discount to List
-$1,740
-2.05%
Current Estimated Value
$181,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,683
Avg. Annual Appreciation
12.69%
Original Mortgage
$62,370
Outstanding Balance
$54,838
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$127,005

Purchase Details

Closed on
Jul 17, 2013
Sold by
Hoozier Nancy Ann Van
Bought by
Hoozier Nancy Ann Van and Jones Julie Anne

Purchase Details

Closed on
Apr 10, 2000
Sold by
Burns Jerry L and Burns Kay L
Bought by
Burns Diane K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcclain Anthony $83,160 Tri Title Agency Llc
Hoozier Nancy Ann Van -- None Available
Burns Diane K $21,500 Midstate Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclain Anthony $62,370
Previous Owner Burns Diane K $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2019 06/07/19 Sold $83,160 -2.0% $50 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $84,900 0.0% $51 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $84,900 -- $51 / 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 $4,265 $73,900 $5,000 $68,900
2024 $35 $66,100 $5,000 $61,100
2023 $4,016 $59,700 $5,000 $54,700
2022 $3,671 $51,200 $4,000 $47,200
2021 $3,587 $46,900 $6,200 $40,700
2020 $3,561 $43,000 $6,200 $36,800
2019 $2,898 $40,400 $6,200 $34,200
2018 $2,752 $37,300 $6,200 $31,100
2017 $2,647 $37,300 $6,200 $31,100
2016 $2,542 $35,700 $6,200 $29,500
2015 $2,542 $33,400 $12,375 $21,025
2014 $2,542 $32,700 $9,900 $22,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kathy Birchen

    Berkshire Hathaway HomeServices

    Section Image
  • Elizabeth Fleckenstein

    Seller Co-Listing Agent in 2019

    Elizabeth Fleckenstein

    Berkshire Hathaway HomeServices

    (517) 881-6698

    1 in this area

    57 Total Sales

    Elizabeth Fleckenstein
    Section Image
  • David Barone

    Buyer's Agent in 2019

    David Barone

    RE/MAX Michigan

    (517) 719-5727

    1 in this area

    56 Total Sales

    David Barone
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 233121

Greater Lansing Association of Realtors®

APN: 01-01-15-407-031

Michigan Ingham County Lansing 48912 Hunter Park

313 S Holmes St, Lansing, MI

Not Listed for Sale

MultiFamily

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