NOT LISTED FOR SALE

Estimated Value: $163,000 - $173,000

3 Beds
1 Bath
1,704 Sq Ft
$99/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $141,850 $83 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $942/month

5 Days on Market

Highlights

  • Ranch Style House
  • Carpet
  • Back Yard Fenced
  • Forced Air Heating System

About This Home

As of January 2022

Recently updated and great investment property in Waverly school district. Each unit has two bedrooms, 1 bathroom, a range/oven, refrigerator, washer and dryer. One car garage with each unit and fenced backyard. Tenants responsible for their own utilities.

Last Agent to Sell the Property

Stephanie Holly

RE/MAX Real Estate Professionals License #6501283981 Listed on: 12/01/2021

RE/MAX Real Estate Professionals

Last Buyer's Agent

Stephanie Holly

Coldwell Banker Professionals-Delta License #6501283981

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 76x115
  • Back Yard Fenced

Parking

  • 1 Car Garage

Home Design

  • 1,704 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Aluminum Siding

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry on main level

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Durant Hill Subdivision

Listing and Financial Details

  • Total Actual Rent $1,590

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Gross Rent: 1590.0
  • Misc Business Info Roof Type: Shingled
  • Tax Year: 2021
  • Levels: One
  • Year Built: 1964
  • Lot Size Acres: 0.2
  • Lot Size: 76X115
  • Subdivision Name: Durant Hill
  • Above Grade Finished Sq Ft: 1704.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 76X115
  • General Property Info:Above Grade Finished Area: 1704.0
  • Laundry Features:Main Level: Yes
  • Exterior:Aluminum Siding: Yes
  • General Property Info:Spa2: No
  • General Property Info:Waterfront: No
  • Flooring:Carpet: Yes
  • Foundation Details:Slab: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Fencing:Back Yard: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Vinyl2: Yes
  • General Property Info:Pool Private2: No
  • Cooling:None8: Yes
  • Location Legal Info:Senior Community: No
  • Tax Info:Taxes2: 3831.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: DUPLEX
  • General Property Info:_pound_ of Units: 2
  • Misc Business Info Zoning5: Residential-Improved
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Heating: Forced Air, Natural Gas
  • Flooring: Carpet, Vinyl
  • Property Type: Resid/Multi-Family
  • SpaFeatures: None
  • Private Spa: No

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: None
  • Fencing: Back Yard
  • Foundation Details: Slab
  • Lot Features: Back Yard
  • PoolFeatures: None
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Lot Features:Back Yard2: Yes
  • Exterior Features:None14: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • Garage Spaces: 1.0
  • General Property Info:Parking Total: 4
  • Parking Features:Garage Spaces2: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: Main Level
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Name: N/A
  • Senior Community: No

Association/Amenities

  • Location Legal Info:Association Name: N/A

Schools

  • Junior High Dist: Waverly

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Carrier Route: 3806

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 7, 2022
Sold by
Sun Card Llc
Bought by
Luo Ni
Seller's Agent
Stephanie Holly
RE/MAX Real Estate Professionals
Buyer's Agent
Stephanie Holly
RE/MAX Real Estate Professionals
List Price
$139,900
Sold Price
$141,850
Premium/Discount to List
$1,950
1.39%
Total Days on Market
5
Current Estimated Value
$168,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,824
Avg. Annual Appreciation
5.15%
Original Mortgage
$106,380
Outstanding Balance
$98,969
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$69,705

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 3, 2022
Sold by
Sun Card Llc
Bought by
Luo Ni
Seller's Agent
Stephanie Holly
RE/MAX Real Estate Professionals
Buyer's Agent
Stephanie Holly
RE/MAX Real Estate Professionals
List Price
$139,900
Sold Price
$141,850
Premium/Discount to List
$1,950
1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,380
Outstanding Balance
$98,969
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$69,705

Purchase Details

Listed on
Aug 2, 2019
Closed on
Sep 30, 2019
Sold by
Saremi Sepideh
Bought by
Sun Card Llc
Seller's Agent
Alex Craig
Coldwell Banker Professionals-Delta
Buyer's Agent
Stephanie Holly
RE/MAX Real Estate Professionals
List Price
$99,900
Sold Price
$100,000
Premium/Discount to List
$100
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.42%

Purchase Details

Listed on
Aug 2, 2019
Closed on
Sep 19, 2019
Sold by
Estate Of Ann P Sohmer
Bought by
Saremi Sepideh
Seller's Agent
Alex Craig
Coldwell Banker Professionals-Delta
Buyer's Agent
Stephanie Holly
RE/MAX Real Estate Professionals
List Price
$99,900
Sold Price
$100,000
Premium/Discount to List
$100
0.1%

Purchase Details

Closed on
Nov 3, 1999
Sold by
Sohmer Ann P
Bought by
Stay Robert V and Sohmer Ann P
Source: Public Records

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Range of Values:

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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
Luo Ni $141,850 Tri County Title
Luo Ni $141,850 Tri County Title Agency Llc
Sun Card Llc -- None Available
Saremi Sepideh $100,000 Tri County Title Agency Llc
Stay Robert V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luo Ni $106,380
Closed Luo Ni $106,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $141,850 +1.4% $83 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $139,900 +39.9% $82 / Sq Ft
09/19/2019 09/19/19 Sold $100,000 +0.1% $59 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $99,900 -- $59 / 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 $24 $77,400 $17,700 $59,700
2023 $4,733 $63,300 $16,200 $47,100
2022 $3,925 $56,800 $12,400 $44,400
2021 $3,831 $51,800 $9,400 $42,400
2020 $3,505 $49,500 $9,400 $40,100
2019 $2,311 $51,200 $6,700 $44,500
2018 $2,338 $42,700 $6,000 $36,700
2017 $2,250 $42,700 $6,000 $36,700
2016 -- $39,000 $5,800 $33,200
2015 -- $38,400 $11,578 $26,822
2014 -- $36,300 $10,586 $25,714
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 261468

Greater Lansing Association of Realtors®

APN: 21-01-18-430-012