NOT LISTED FOR SALE

Estimated Value: $207,000 - $227,000

2 Beds
1 Bath
2,380 Sq Ft
$91/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $155,000 $65 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,609/month

1 Day on Market

Highlights

  • 0.41 Acre Lot
  • High Speed Internet
  • 1-minute walk to Bon Air Park
  • Forced Air Heating System

About This Home

As of July 2020

This home is located at 328 Bon Air Rd, Lansing, MI 48917 since 31 March 2020 and is currently estimated at $216,522, approximately $90 per square foot. This property was built in 1968. 328 Bon Air Rd is a home located in Ingham County with nearby schools including Waverly Senior High School, Windemere Park Charter Academy, and Montessori Childrens House.

Last Agent to Sell the Property

Jeff Burke

EXP Realty, LLC License #6506036048 Listed on: 03/31/2020

EXP Realty, LLC

Last Buyer's Agent

Carmen Friddle

Coldwell Banker Professionals -Okemos License #6501350122

Coldwell Banker Professionals -Okemos

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,109

Year Built

  • Built in 1968

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 60x300

Home Design

  • Duplex
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,380 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Total Actual Rent $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,109

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Gross Rent: 19800.0
  • Misc Business Info Parking Surface: Blacktop
  • Misc Business Info Roof Type: Steel
  • Tax Year: 2018
  • Misc Business Info Overall Building Siz: 2380
  • Levels: Two
  • Year Built: 1968
  • Lot Size Acres: 0.41
  • Lot Size: 60x300
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2380.0
  • General Property Info:Lot Size Dimensions: 60x300
  • General Property Info:Above Grade Finished Area: 2380.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Tax Info:Taxes2: 3109.0
  • Tax Info:Zoning3: Multi-Family
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Roof:Steel: Yes
  • Misc Business Info Zoning5: Multi Family
  • 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: Steel
  • Construction Type: Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: Asphalt, No Garage
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:No Garage: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • SecurityFeatures: Smoke Detector(s)
  • Utilities: High Speed Internet Available, Cable Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Waverly

Lot Info

  • Lot Size Sq Ft: 17859.6
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Carrier Route: 2903

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2020
Closed on
Jul 14, 2020
Sold by
Wright Eric E and Wright Carrie
Bought by
Teague Garrett and Teague Morgan
Seller's Agent
Jeff Burke
EXP Realty, LLC
Buyer's Agent
Carmen Friddle
Coldwell Banker Professionals -Okemos
List Price
$162,900
Sold Price
$155,000
Premium/Discount to List
-$7,900
-4.85%
Current Estimated Value
$216,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,522
Avg. Annual Appreciation
6.69%
Original Mortgage
$131,750
Outstanding Balance
$117,301
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$99,221

Purchase Details

Closed on
Aug 6, 1998
Sold by
Joss Kurt E and Joss Kerry K
Bought by
Wright Eric E and Wright Carrie
Source: Public Records

Range of Values:

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Average Value
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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
Teague Garrett $155,000 Transnation Title Agency
Wright Eric E $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teague Garrett $131,750
Previous Owner Wright Eric B $60,800
Previous Owner Wright Eric E $60,300
Previous Owner Wright Eric E $104,600
Previous Owner Wright Eric E $104,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2020 07/14/20 Sold $155,000 -4.8% $65 / Sq Ft
03/28/2020 03/28/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $162,900 -- $68 / 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 $5,256 $98,900 $21,200 $77,700
2024 $25 $97,000 $17,700 $79,300
2023 $5,031 $81,300 $18,500 $62,800
2022 $4,283 $68,800 $9,700 $59,100
2021 $4,215 $62,200 $9,000 $53,200
2020 $3,018 $57,300 $9,000 $48,300
2019 $3,181 $60,800 $6,900 $53,900
2018 $3,110 $51,300 $6,900 $44,400
2017 $3,001 $51,300 $6,900 $44,400
2016 -- $42,900 $6,300 $36,600
2015 -- $42,700 $12,508 $30,192
2014 -- $41,100 $12,508 $28,592
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 245204

Greater Lansing Association of Realtors®

APN: 21-01-18-177-011