NOT LISTED FOR SALE

Estimated Value: $135,000 - $166,421

-- Bed
1 Bath
1,658 Sq Ft
$88/Sq Ft Est. Value

Last Sold May 09, 2018

Last sale price $45,200 $27 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $820/month

34 Days on Market

About This Home

As of May 2018

Great duplex in the city of Lansing. Why rent when you can own AND be a landlord. Live in one side and rent out the other for additional income. Great location close to everything. This is a Fannie Mae Property

COMPLETE LEGAL IS COM SW COR LOT 663 CHURCHILL DOWNS NO 3,TH N 00DEG 34MIN 30SCD E 355 FT, N 89DEG 45MIN 30SCD W 48.5 FT, S 00DEG 34MIN 30SCD W355FT, E 48.5 FT TO BEG; SEC 31 T4N R2W

Last Agent to Sell the Property

Chris Dean

Gateway to Homes License #6506043716 Listed on: 04/06/2018

Co-Listed By

Paul Brown

Gateway to Homes License #6506040806

Last Buyer's Agent

Ryan Carpenter

The Gateway Group @ Keller Williams License #6501349711

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 48.5 x 355

Home Design

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

Interior Spaces

  • 1,658 Sq Ft Home
  • Basement Fills Entire Space Under The House

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
  • Churchill Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Tax Year: 2017
  • Levels: One
  • Year Built: 1969
  • Lot Size Acres: 0.4
  • Lot Size: 48.5 X 355
  • Co List Office Mls Id: 206
  • Co List Office Phone: 517-321-6373
  • Subdivision Name: Churchill
  • Above Grade Finished Sq Ft: 1658.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 48.5 X 355
  • General Property Info:Above Grade Finished Area: 1658.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • General Property Info:ECO Friendly Features: No
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Tax Info:Taxes2: 4871.0
  • 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
  • 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
  • Construction Type: Aluminum Siding, Brick

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features: Asphalt, Gravel, No Garage
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:No Garage: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 2

Utilities

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

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 17206.2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
May 8, 2018
Sold by
Fannie Mae
Bought by
Equity Trust Company Custodian and Michael Steffes Ira
Seller's Agent
Chris Dean
Gateway to Homes
Buyer's Agent
Ryan Carpenter
The Gateway Group @ Keller Williams
List Price
$37,500
Sold Price
$45,200
Premium/Discount to List
$7,700
20.53%
Total Days on Market
34
Current Estimated Value
$145,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,405
Avg. Annual Appreciation
17.97%

Purchase Details

Closed on
Jan 4, 2018
Sold by
Triplett Lorna L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 8, 2015
Sold by
Triplett Lorna L
Bought by
Federal Home Loan Mortgage Corporation
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
Equity Trust Company Custodian -- First Title & Escrow
Equity Trust Co $45,200 First Title & Escrow
Federal National Mortgage Association $61,800 None Available
Federal Home Loan Mortgage Corporation $21,719 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Triplett Lorna L $75,000
Previous Owner Triplett Lorna L $46,270
Previous Owner Triplett Nelson R $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2018 05/09/18 Sold $45,200 +20.5% $27 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $37,500 0.0% $23 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $37,500 -- $23 / 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 $35 $87,300 $11,600 $75,700
2023 $3,998 $79,400 $11,600 $67,800
2022 $3,655 $69,700 $11,600 $58,100
2021 $3,571 $67,800 $7,300 $60,500
2020 $3,545 $65,600 $7,300 $58,300
2019 $3,592 $42,000 $0 $0
2018 $4,520 $57,700 $7,300 $50,400
2017 $4,871 $57,700 $7,300 $50,400
2016 $3,736 $53,600 $7,300 $46,300
2015 $3,736 $52,000 $14,674 $37,326
2014 $3,736 $49,300 $23,169 $26,131
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 224027

Greater Lansing Association of Realtors®

APN: 01-01-31-380-062