NOT LISTED FOR SALE

314 S Martin Luther King jr Blvd Unit 2 Lansing, MI 48915

Westside Neighborhood

Estimated Value: $238,000 - $331,000

2 Beds
1 Bath
4,128 Sq Ft
$66/Sq Ft Est. Value

Last Sold February 16, 2022

Last sale price $1,000 $0 Per Sq Ft

Est. 27,348% increase in value since last sale

Current estimated payment $2,056/month

Highlights

  • Main Floor Primary Bedroom
  • Dining Room
  • Heating System Uses Natural Gas
  • Living Room
  • Laundry Facilities
  • 3-minute walk to Letts Park

About This Home

As of February 2022

This home is located at 314 S Martin Luther King jr Blvd Unit 2, Lansing, MI 48915 since 18 December 2021 and is currently estimated at $274,482, approximately $66 per square foot. This property was built in 1910. 314 S Martin Luther King jr Blvd Unit 2 is a home located in Ingham County with nearby schools including Riddle Elementary School, Pattengill Academy, and J.W. Sexton High School.

Last Agent to Sell the Property

Troy Schram

EXP Realty, LLC License #6501424250 Listed on: 12/18/2021

EXP Realty, LLC

Last Buyer's Agent

Troy Schram

EXP Realty, LLC License #6501424250 Listed on: 12/18/2021

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,214

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • Parking Lot

Interior Spaces

  • 4,128 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • Abbott Park Subdivision
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,214

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Dining Room Level: First
  • Living Room Level: First
  • Levels: Two
  • Year Built: 1910
  • Lot Size Acres: 0.2
  • Subdivision Name: Abbott Park
  • Above Grade Finished Sq Ft: 4128.0
  • Living Area: 4128.0
  • General Property Info:Above Grade Finished Area: 4128.0
  • General Property Info:Total Livable Area: 4128.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Levels:Two2: Yes
  • Cooling:None8: Yes
  • Laundry Features:Common Area: Yes
  • General Property Info:Building Area Total SqFt: 7064.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Natural Gas
  • Total Bedrooms: 2
  • Room: 6
  • Property Type: Rental
  • Full Bathrooms: 1
  • Full Basement: Yes
  • Appliances:Electric Range: Yes

Garage/Parking

  • Parking Features: Parking Lot
  • Attached Garage: No
  • Parking Features:Parking Lot: Yes

Utilities

  • Appliances: Electric Range
  • Cooling: None
  • LaundryFeatures: Common Area
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 2550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2019
Sold by
Buchholz Adam E and Buchholz Brittany A
Bought by
Schram Troy
Current Estimated Value
$274,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,459
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 2018
Sold by
The Greater Lansing Housing Coalition
Bought by
Buchholz Adam E and Buchholz Brittany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2001
Sold by
City Of Lansing
Bought by
Greater Lansing Housing Coalition

Purchase Details

Closed on
Oct 31, 2000
Sold by
Miller Larry and Miller Dorothy
Bought by
Greater Lansing Housing Coalition

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6%

Purchase Details

Closed on
Jan 25, 2000
Sold by
Joy Bobby and Joy Patricia A
Bought by
Miller Larry and Miller Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.98%

Purchase Details

Closed on
Aug 21, 1999
Sold by
Bauer John C
Bought by
Joy Bobby

Purchase Details

Closed on
Mar 19, 1998
Sold by
Ho Tong and Ho Denice
Bought by
Joy Bobby and Bauer John
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schram Troy $189,900 Transnation Title Agency
Buchholz Adam E $140,000 Tri County Title Agency Llc
Greater Lansing Housing Coalition -- --
Greater Lansing Housing Coalition $87,000 Midstate Title Company
Miller Larry $87,000 Title Office
Joy Bobby -- --
Joy Bobby $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schram Troy $185,459
Previous Owner Buchholz Adam E $105,000
Previous Owner Greater Lansing Housing Coalition $85,000
Previous Owner Miller Larry $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2022 02/16/22 Sold $1,000 0.0% $0 / Sq Ft
12/17/2021 12/17/21 For Sale $1,000 -- $0 / 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 $7,214 $130,500 $7,400 $123,100
2024 $58 $123,800 $7,400 $116,400
2023 $6,720 $100,900 $7,400 $93,500
2022 $6,208 $92,600 $5,800 $86,800
2021 $5,995 $81,800 $8,300 $73,500
2020 $5,952 $75,200 $8,300 $66,900
2019 $5,799 $72,300 $8,300 $64,000
2018 $4,533 $63,800 $8,300 $55,500
2017 $4,357 $63,800 $8,300 $55,500
2016 $4,184 $57,700 $8,300 $49,400
2015 $4,184 $55,100 $16,663 $38,437
2014 $4,184 $52,900 $17,500 $35,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Troy Schram

    EXP Realty, LLC

    Section Image
See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 261775

Greater Lansing Association of Realtors®

APN: 01-01-17-404-231

Michigan Ingham County Lansing 48915 Westside

314 S Martin Luther King jr Blvd Unit 2, Lansing, MI

This home is located at 314 S Martin Luther King jr Blvd Unit 2, Lansing, MI 48915 since 18 December 2021 and is currently estimated at $274,482, approximately $66 per square foot. This property was built in 1910. 314 S Martin Luther King jr Blvd Unit 2 is a home located in Ingham County with nearby schools including Riddle Elementary School, Pattengill Academy, and J.W. Sexton 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.
Copyright © 2025 Greater Lansing Association of REALTORS®

Nearby Homes