NOT LISTED FOR SALE

Estimated Value: $132,000 - $158,000

-- Bed
1 Bath
1,584 Sq Ft
$91/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $134,900 $85 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $805/month

4 Days on Market

Highlights

  • Boat Slip
  • Front Porch
  • Forced Air Heating System
  • Balcony
  • Window Unit Cooling System
  • High Speed Internet

About This Home

As of May 2022

*******Welcome to 319 Shepard Street*******This duplex style home is ideal for an investor or owner occupant. Each unit features 2 bedrooms and 1 full bathroom. Live in one unit and rent the other to cover your mortgage payment or rent both units for great cash flow. The units are currently licensed with the City of Lansing until 9/1/2024. Directly across the street from the beautiful new Allen Neighborhood Center and offering wonderful proximity to the Michigan State campus, downtown Lansing or East Lansing and several entertainment and dining venues on Michigan Avenue. Call today for a personal tour!

Last Agent to Sell the Property

HBB Realtors

Coldwell Banker Realty -Stadium License #6506038563 Listed on: 04/13/2022

Last Buyer's Agent

Peter MacIntyre

RE/MAX Real Estate Professionals License #6506040989

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,899

Year Built

  • Built in 1926

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33x127.88
  • Open Lot

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 6 Parking Spaces
  • Driveway

Outdoor Features

  • Boat Slip
  • Balcony
  • Front Porch

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,899

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Misc Business Info Roof Type: Asphalt
  • Tax Year: 2021
  • Registered Licenses for Unrelated Occupants: 1
  • Unit Information License Register Exp: 2024-09-01
  • Levels: Two
  • Year Built: 1926
  • Lot Size Acres: 0.1
  • Lot Size: 33x127.88
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1584.0
  • General Property Info:Lot Size Dimensions: 33x127.88
  • General Property Info:Above Grade Finished Area: 1584.0
  • Levels:Two2: Yes
  • Laundry Features:In Basement: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Cooling:Window Unit(s): Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Exterior:Wood Siding: Yes
  • Tax Info:Taxes2: 2899.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: Two-Story Duplex
  • General Property Info:_pound_ of Units: 2
  • 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
  • ExteriorFeatures: Balcony
  • Lot Features: City Lot, Open Lot
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Front Porch
  • Construction Type: Wood Siding
  • Lot Features:City Lot: Yes
  • Patio Porch Features:Front Porch: Yes
  • Lot Features:Open Lot: Yes
  • Exterior Features:Balcony2: Yes

Garage/Parking

  • Parking Features: Concrete Driveway, Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Concrete Driveway: Yes
  • Misc Business Info:_pound_ Parking: 6
  • General Property Info:Parking Total: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • LaundryFeatures: In Basement
  • Utilities: High Speed Internet Available, Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 2716

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 13, 2022
Sold by
Fink Ryan M
Bought by
Pivot Hound Properties Llc
Seller's Agent
HBB Realtors
Coldwell Banker Realty -Stadium
Buyer's Agent
Peter MacIntyre
RE/MAX Real Estate Professionals
List Price
$139,900
Sold Price
$134,900
Premium/Discount to List
-$5,000
-3.57%
Current Estimated Value
$144,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,466
Avg. Annual Appreciation
2.46%

Purchase Details

Closed on
Jul 22, 2011
Sold by
Greater Lansing Housing Coalition
Bought by
Fink Ryan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,144
Interest Rate
4.53%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 2008
Sold by
Greater Lansing Non Profit Housing Corp
Bought by
Fink Ryan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1997
Bought by
Greater Lansing Housing Comm

Purchase Details

Closed on
May 26, 1997
Bought by
City Of Lansing
Source: Public Records

Range of Values:

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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
Pivot Hound Properties Llc $134,900 None Listed On Document
Fink Ryan M $75,000 Bell Title Company
Fink Ryan M -- Tri County Title
Greater Lansing Housing Comm -- --
City Of Lansing -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fink Ryan M $66,144
Previous Owner Fink Ryan M $7,500
Previous Owner Greater Lansing Housing Coalition $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $134,900 -3.6% $85 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $139,900 -- $88 / 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 $41 $64,300 $3,400 $60,900
2023 $4,655 $55,300 $3,400 $51,900
2022 $2,967 $48,300 $2,700 $45,600
2021 $2,899 $45,900 $4,600 $41,300
2020 $2,877 $43,900 $4,600 $39,300
2019 $2,775 $38,900 $4,600 $34,300
2018 $2,636 $35,900 $4,600 $31,300
2017 $2,535 $35,900 $4,600 $31,300
2016 $2,491 $34,300 $4,600 $29,700
2015 $2,491 $31,700 $9,198 $22,502
2014 $2,491 $32,000 $7,154 $24,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 264012

Greater Lansing Association of Realtors®

APN: 01-01-15-432-181