NOT LISTED FOR SALE

321 E South St Grand Ledge, MI 48837

Estimated Value: $238,000 - $320,839

4 Beds
2 Baths
-- Sq Ft
0.38 Acres

Last Sold October 22, 2020

Last sale price $70,000

Est. 308% increase in value since last sale

Current estimated payment $1,998/month

33 Days on Market

About This Home

As of October 2020

Rare opportunity to purchase a Duplex on a Double Lot in the desirable Grand Ledge Community. Walking distance to schools, parks and shops. With some work, these two 2 bedroom 1 bath units, welcome a strong investment return. Call for a showing today

Last Agent to Sell the Property

Amy Jackson

Coldwell Banker Professionals-E.L. License #6501394590 Listed on: 08/14/2020

Coldwell Banker Professionals-E.L.

Last Buyer's Agent

Timothy Booth

Sun Realty & Chuck Pantera Appraisal Company License #6501273934

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 123x130

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property

Parking

  • 2 Parking Spaces
  • No Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Tax Year: 2019
  • Levels: Two
  • Year Built: 1910
  • Lot Size Acres: 0.38
  • Lot Size: 123X130
  • Subdivision Name: None
  • General Property Info:Lot Size Dimensions: 123X130
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Tax Info:Taxes2: 3327.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 321
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family

Exterior Features

  • Roof: Shingle
  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: Gravel, No Garage
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:No Garage: Yes
  • Misc Business Info:_pound_ Parking: 2
  • General Property Info:Parking Total: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Grand Ledge

Lot Info

  • Lot Size Sq Ft: 16509.24
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1763

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2021
Sold by
Booth Timothy W
Bought by
Timothy W Booth Revocable Living Trust
Current Estimated Value
$285,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$115,021
Interest Rate
2.99%
Mortgage Type
Commercial
Estimated Equity
$171,412

Purchase Details

Listed on
Aug 14, 2020
Closed on
Oct 22, 2020
Sold by
Johnson Michelle M and Estate Of Catherine Marie Mcfe
Bought by
Booth Timothy W
Seller's Agent
Amy Jackson
Coldwell Banker Professionals-E.L.
Buyer's Agent
Timothy Booth
Sun Realty & Chuck Pantera Appraisal Company
List Price
$98,800
Sold Price
$70,000
Premium/Discount to List
-$28,800
-29.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.04%
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
Timothy W Booth Revocable Living Trust -- Transnation Title Agency
Booth Timothy W $70,000 Tri County Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timothy W Booth Revocable Living Trust $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $70,000 -29.1% --
09/14/2020 09/14/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $98,800 -- --
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 $5,210 $112,900 $0 $0
2024 $3,942 $104,800 $0 $0
2023 $3,721 $88,800 $0 $0
2022 $4,660 $82,600 $0 $0
2021 $2,274 $35,000 $0 $0
2020 $3,461 $58,000 $0 $0
2019 $3,306 $55,494 $0 $0
2018 $3,060 $51,700 $0 $0
2017 $2,997 $51,200 $0 $0
2016 $2,424 $49,200 $0 $0
2015 -- $48,100 $0 $0
2014 -- $47,200 $0 $0
2013 -- $47,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 248762

Greater Lansing Association of Realtors®

APN: 400-061-662-081-00