NOT LISTED FOR SALE

325 N Mlk Lansing, MI 48915

Westside Neighborhood

Estimated Value: $133,000 - $187,000

-- Bed
4 Baths
1,544 Sq Ft
$100/Sq Ft Est. Value

Last Sold January 30, 2014

Last sale price $15,000 $10 Per Sq Ft

Est. 955% increase in value since last sale

Current estimated payment $868/month

129 Days on Market

About This Home

As of January 2014

***Approved short sale at list price ready to close!***Great 4 unit rental property that is currently boarded up. Most units all remodeled in the past few years and there has been a fire and damage. Building is empty. Sale subject to short sale, terms, conditions and commissions subject to bank and sellers final approval. Seller is a licensed real estate agent in the state of Michigan. Property vacant with a combo..

Last Agent to Sell the Property

Angela Averill

Coldwell Banker Professionals-Delta License #6501312624 Listed on: 09/27/2013

Last Buyer's Agent

Amy Williams

Keller Williams Realty Lansing License #6506045320

Keller Williams Realty Lansing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28

Year Built

  • Built in 1896

Lot Details

  • Lot Dimensions are 66x198

Parking

  • No Garage

Home Design

  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 1,544 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Utilities

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

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Tax Year: 13
  • Registered Licenses for Unrelated Occupants: YES
  • Levels: Two
  • Year Built: 1896
  • Lot Size: 66X198
  • Above Grade Finished Sq Ft: 1544.0
  • General Property Info:Lot Size Dimensions: 66X198
  • General Property Info:Above Grade Finished Area: 1544.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Asbestos: Yes
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:_pound_ of Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partial
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes
  • Basement:Partial: Yes

Exterior Features

  • Construction Type: Asbestos

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • General Property Info:Parking Total: ALL

Utilities

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2023
Sold by
Alikheil Rahim and Taji Forough
Bought by
Saed Saed H H
Current Estimated Value
$158,289

Purchase Details

Listed on
Sep 27, 2013
Closed on
Jan 28, 2014
Sold by
Skinner Kirk Phillip and Skinner Rebecca
Bought by
Alikheil Rahim and Taji Forough
Seller's Agent
Angela Averill
Coldwell Banker Professionals-Delta
Buyer's Agent
Amy Williams
Keller Williams Realty Lansing
List Price
$49,900
Sold Price
$15,000
Premium/Discount to List
-$34,900
-69.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.55%

Purchase Details

Closed on
Apr 30, 2007
Sold by
Edward A Henderson Jr Living Trust
Bought by
Skinner Kirk Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,700
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2004
Sold by
Henderson Edward A and Smith Allene L
Bought by
Edward A Henderson Jr Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 10, 2003
Sold by
One Motivated Lp
Bought by
Henderson Edward A and Smith Allene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 1996
Bought by
Trust Michael L Spawr Truste

Purchase Details

Closed on
Apr 1, 1994
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
Saed Saed H H -- None Listed On Document
Alikheil Rahim $15,000 Tri County Title Agency Llc
Skinner Kirk Phillip $91,300 None Available
Edward A Henderson Jr Living Trust -- --
Henderson Edward A $45,000 Trans
Trust Michael L Spawr Truste $30,000 --
-- $38,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skinner Kirk Phillip $86,700
Previous Owner Henderson Edward A $70,000
Previous Owner Henderson Edward A $40,500
Previous Owner Spawr Michael L $26,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2014 01/30/14 Sold $15,000 -69.9% $10 / Sq Ft
01/30/2014 01/30/14 Pending -- -- --
09/23/2013 09/23/13 For Sale $49,900 -- $32 / 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 $28 $62,500 $7,500 $55,000
2023 $3,176 $56,500 $7,500 $49,000
2022 $2,981 $42,300 $7,800 $34,500
2021 $2,840 $38,300 $9,400 $28,900
2020 $2,819 $36,000 $9,400 $26,600
2019 $2,728 $32,800 $0 $0
2018 $2,659 $34,800 $9,400 $25,400
2017 $2,557 $34,800 $9,400 $25,400
2016 $12,660 $34,200 $9,400 $24,800
2015 $12,660 $32,000 $18,838 $13,162
2014 $12,660 $36,000 $18,750 $17,250
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Angela Averill

    Coldwell Banker Professionals-Delta

  • Amy Williams

    Buyer's Agent in 2014

    Amy Williams

    Keller Williams Realty Lansing

    (517) 282-1567

    4 in this area

    145 Total Sales

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 52483

Greater Lansing Association of Realtors®

APN: 01-01-17-255-171

Michigan Ingham County Lansing 48915 Westside

325 N Mlk, Lansing, MI

This home is located at 325 N Mlk, Lansing, MI 48915 since 27 September 2013 and is currently estimated at $154,793, approximately $100 per square foot. This property was built in 1896. 325 N Mlk is a home located in Ingham County with nearby schools including Riddle Elementary School, Pattengill Academy, and J.W. Sexton High School.

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