NOT LISTED FOR SALE

3320 Melody Ln Lansing, MI 48912

Groesbeck Neighborhood

Estimated Value: $259,000 - $309,000

-- Bed
2 Baths
2,017 Sq Ft
$140/Sq Ft Est. Value

Last Sold October 11, 2017

Last sale price $161,500 $80 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,494/month

58 Days on Market

Highlights

  • Ranch Style House
  • Covered patio or porch
  • Forced Air Heating System
  • Green Elementary School Rated A-
  • 10 Car Attached Garage
  • High Speed Internet

About This Home

As of October 2017

This duplex located in the neighborhood boarding East Lansing, behind Spare Time Entertainment works either as owner occupied or as a solid investment property. Both units have been recently remodeled and are in great shape. Each unit has its own basement and back yard. With 2 bedrooms one bath per unit and each with their own address they can be rented to 2 unrelated per side with no licensing requirement. Both units have separately metered utilities making owner costs very minimal. It is fully rented at the moment with month to month leases to allow the new owners to do as they please with the property.

Last Agent to Sell the Property

Hunter Seyfarth

Berkshire Hathaway HomeServices License #6501386167 Listed on: 07/11/2017

Berkshire Hathaway HomeServices

Last Buyer's Agent

Lisa Cain

Berkshire Hathaway HomeServices License #6501320321

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 70x120

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,017 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 10 Car Attached Garage
  • Carport

Outdoor Features

  • Covered patio or porch

Utilities

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

Community Details

  • 2 Units
  • New Taxes Expense $4,438

Listing and Financial Details

  • Total Actual Rent $19,680

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Gross Rent: 19680.0
  • Misc Business Info Construction Type: RANCH
  • Misc Business Info Parking Surface: CONCRETE/ASPHALT
  • Misc Business Info Roof Type: SHINGLE
  • Tax Year: 16
  • Misc Business Info Overall Building Siz: 2017
  • Levels: One
  • Year Built: 1964
  • Lot Size Acres: 0.25
  • Lot Size: 70X120
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2017.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 70X120
  • General Property Info:Above Grade Finished Area: 2017.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Tax Info:Taxes2: 4438.0
  • 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
  • Annual Inc Expense:Tax Expense2: 4438.0
  • 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
  • Patio And Porch Features: Covered
  • Construction Type: Aluminum Siding, Brick
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached, Carport
  • Attached Garage: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Carport: Yes
  • Misc Business Info:_pound_ Parking: 10
  • General Property Info:Parking Total: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2017
Closed on
Oct 11, 2017
Sold by
Truax Lisa Schreiner and Truax Jeffrey Alan
Bought by
Young Kris R
Seller's Agent
Hunter Seyfarth
Berkshire Hathaway HomeServices
Buyer's Agent
Lisa Cain
Berkshire Hathaway HomeServices
List Price
$165,000
Sold Price
$161,500
Premium/Discount to List
-$3,500
-2.12%
Current Estimated Value
$271,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,445
Avg. Annual Appreciation
6.17%
Original Mortgage
$129,200
Outstanding Balance
$73,777
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$184,291

Purchase Details

Closed on
Jul 12, 2006
Sold by
Hathaway John A and Hathaway Lorri A
Bought by
Truax Jeffrey Alan and Truax Lisa Schreiner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2004
Sold by
Hathaway Lorri A and Schrelber Lorri A
Bought by
Hathaway John A and Hathaway Lorri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 14, 2002
Sold by
Cochran Craig
Bought by
Schreiber Lorri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,250
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 1999
Sold by
Howland Richard C and Howland Dana H
Bought by
Schreiber Lorri A and Cochran Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
10.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 1998
Sold by
Howland Richard C and Dana H
Bought by
Cochran Craig and Schreiber Lorri A
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
Young Kris R $161,500 Tri Title Agency Llc
Truax Jeffrey Alan $160,000 Fatic
Hathaway John A -- Fatic
Schreiber Lorri A -- --
Schreiber Lorri A $104,000 First American Title Ins Co
Cochran Craig $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Kris R $129,200
Previous Owner Truax Lisa Schreiner $156,000
Previous Owner Truax Jeffrey Alan $152,000
Previous Owner Hathaway John A $130,000
Previous Owner Schreiber Lorri A $123,250
Previous Owner Schreiber Lorri A $102,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2017 10/11/17 Sold $161,500 -2.1% $80 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $165,000 -- $82 / 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 $59 $108,900 $16,100 $92,800
2023 $6,681 $100,100 $16,100 $84,000
2022 $5,524 $90,900 $13,800 $77,100
2021 $5,557 $83,000 $13,500 $69,500
2020 $4,987 $79,900 $13,500 $66,400
2019 $4,761 $72,300 $13,500 $58,800
2018 $4,737 $63,700 $13,500 $50,200
2017 $4,574 $63,700 $13,500 $50,200
2016 $4,503 $59,900 $13,500 $46,400
2015 $4,503 $57,900 $26,902 $30,998
2014 $4,503 $56,700 $26,902 $29,798
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2017

    Hunter Seyfarth

    Berkshire Hathaway HomeServices

    (517) 281-1683

    1 in this area

    41 Total Sales

    Section Image
  • Lisa Cain

    Buyer's Agent in 2017

    Lisa Cain

    Berkshire Hathaway HomeServices

    (517) 930-4783

    1 in this area

    61 Total Sales

    Section Image
See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 217941

Greater Lansing Association of Realtors®

APN: 01-01-11-476-121

Michigan Ingham County Lansing 48912 Groesbeck

3320 Melody Ln, Lansing, MI

This home is located at 3320 Melody Ln, Lansing, MI 48912 since 11 July 2017 and is currently estimated at $283,193, approximately $140 per square foot. This property was built in 1964. 3320 Melody Ln is a home located in Ingham County with nearby schools including Green Elementary School, MacDonald Middle School, and East Lansing 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