NOT LISTED FOR SALE

3328 Melody Ln Lansing, MI 48912

Groesbeck Neighborhood

Estimated Value: $277,318 - $334,000

Studio
-- Bath
1,943 Sq Ft
$152/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2018

Last sale price $183,400 $94 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,288 / mo

20 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Forced Air Heating System
  • Green Elementary School Rated A-

About This Home

As of July 2018

Move in ready Duplex in East Lansing Schools. Two units with 2 bedrooms, one full bath both new or updated with tile floors, Tub/shower with glass doors, laundry shoots, new toilets & vanities. Both kitchens are totally updated with newer Stainless appliances with island space. Nice hardwood floors throughout and beautiful gas fireplaces in each side. Roof with new vents and attic fan 2013. Professionally landscaped to maximize privacy in the backyard space. Common stairs to basements but each unit has private basement area with laundry hookups and storage space. Beautifully decorated and move in ready! Perfect for multi generational living or owner occupant with second unit income potential. Aluminum siding for easy care. Two private driveways with parking for 3 cars on each side. Garages or car ports could easily be added. Great location close to East Lansing, MSU, Eastwood Town Center downtown Lansing and highway access. Current owners have owned and beautifully maintained the home for over 30 years and lived in it for the past 7 years. The units have not been recently leased but the potential for $1000-$1200 per month. Duplex does have a leasing license and taxes are currently 50% homesteaded.

Last Agent to Sell the Property

Terry Lasky

Coldwell Banker Professionals -Okemos License #6506045307 Listed on: 06/13/2018

Coldwell Banker Professionals -Okemos

Last Buyer's Agent

Terry Lasky

Coldwell Banker Professionals -Okemos License #6506045307 Listed on: 06/13/2018

Coldwell Banker Professionals -Okemos

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 78 x 120

Home Design

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

Interior Spaces

  • 1,943 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • 2 Units
  • Frandora Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: Resid/Multi-Family
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 1943.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 78 x 120
  • General Property Info:Above Grade Finished Area: 1943.0
  • Architectural Style:Ranch: Yes
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Levels: One
  • Full Basement: Yes
  • Levels:One: Yes

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Covered
  • Construction Type: Aluminum Siding, Brick
  • Exterior:Aluminum Siding: Yes
  • Patio Porch Features:Covered: Yes
  • Roof:Shingle: Yes
  • Exterior:Brick: Yes

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • Misc Business Info:_pound_ Parking: 6
  • General Property Info:Parking Total: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Sewer:Public Sewer: Yes
  • Security Features:Smoke Detector(s): Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size: 78 x 120
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • Land Acreage:Up to 14 Acre: Yes

Tax Info

  • Tax Info:Taxable Value: 63888.0
  • Tax Info:State Eq Value: 70800.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2018
Closed on
Jul 31, 2018
Sold by
Bought by
Seller's Agent
Terry Lasky
Coldwell Banker Professionals -Okemos
Buyer's Agent
Terry Lasky
Coldwell Banker Professionals -Okemos
List Price
$204,000
Sold Price
$183,400
Premium/Discount to List
-$20,600
-10.1%
Current Estimated Value
$295,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,430
Avg. Annual Appreciation
6.24%
Original Mortgage
$137,625
Outstanding Balance
$84,011
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$211,819
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$183,500 Tri County Title Agency Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $137,625
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $183,400 -10.1% $94 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $204,000 -- $105 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,281 $127,900 $18,000 $109,900
2024 $70 $114,100 $18,000 $96,100
2023 $7,852 $105,000 $18,000 $87,000
2022 $7,241 $95,200 $15,400 $79,800
2021 $7,051 $88,600 $15,000 $73,600
2020 $6,611 $86,800 $15,000 $71,800
2019 $6,205 $78,600 $15,000 $63,600
2018 $4,687 $71,000 $15,000 $56,000
2017 $4,502 $71,000 $15,000 $56,000
2016 $4,439 $66,700 $15,000 $51,700
2015 $4,439 $64,500 $29,971 $34,529
2014 $4,439 $63,100 $29,971 $33,129
Source: Public Records

Agents Affiliated with this Home

  • Terry Lasky

    Seller's Agent in 2018

    Terry Lasky

    Coldwell Banker Professionals -Okemos

    (517) 349-4406

    2 in this area

    64 Total Sales

    Terry Lasky
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 227159

Greater Lansing Association of Realtors®

APN: 01-01-11-476-111

Michigan Ingham County Lansing 48823 Groesbeck

3328 Melody Ln, Lansing, MI

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Greater Lansing Association of Realtors® IDX information is provided exclusively for Consumers'
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