NOT LISTED FOR SALE

Estimated Value: $274,000 - $339,000

Studio
-- Bath
3,344 Sq Ft
$89/Sq Ft Est. Value

Last Sold December 16, 2024

Last sale price $285,000 $85 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,241/month

14 Days on Market

Highlights

  • Double Pane Windows
  • Park
  • Accessible Entrance
  • Community Playground
  • Accessible Doors
  • Central Living Area

About This Home

As of December 2024

Regarding Property taxes, seller indicated that the property taxes uncapped last year.

Last Agent to Sell the Property

Donovan Thomas

Five Star Real Estate - Lansing License #6501430622 Listed on: 11/01/2024

Five Star Real Estate - Lansing

Co-Listed By

Arlone Hudson

Five Star Real Estate - Lansing License #6501455790

Last Buyer's Agent

Donovan Thomas

EXIT Great Lakes Realty License #6501430622

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 90x156
  • Back Yard Fenced
  • Electric Fence

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,344 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Blinds
  • Crawl Space

Flooring

  • Carpet
  • Laminate
  • Vinyl

Laundry

  • 220 Volts In Laundry
  • Washer and Electric Dryer Hookup

Home Security

  • Security Lights
  • Carbon Monoxide Detectors

Parking

  • 8 Parking Spaces
  • On-Street Parking
  • Off-Street Parking
  • Community Parking Structure

Accessible Home Design

  • Central Living Area
  • Accessible Doors
  • Accessible Entrance

Utilities

  • Forced Air Heating and Cooling System
  • Heating unit installed on the ceiling
  • Hot Water Heating System
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $43,980

Community Details

Recreation

  • Community Playground
  • Park

Building Details

  • Insurance Expense $1,967
  • Water Sewer Expense $3,840
  • New Taxes Expense $7,443
  • Net Operating Income $18,118

Additional Features

  • 4 Units
  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0.32 Acres

Listing Details

  • Gross Rent: 43980.0
  • Net Income: 18118.0
  • Water Sewer Expenses: 3840.0
  • Tax Year: 2023
  • Levels: One
  • Year Built: 1975
  • Lot Size Acres: 0.32
  • Lot Size: 90x156
  • Co List Office Mls Id: 1110
  • Co List Office Phone: 517-489-2550
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 3344.0
  • General Property Info:Lot Size Dimensions: 90x156
  • General Property Info:Above Grade Finished Area: 3344.0
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Fencing:Partial2: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Fencing:Back Yard: Yes
  • Cooling:Central Air: Yes
  • Exterior:Wood Siding: Yes
  • Flooring:Vinyl2: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Electric:Circuit Breakers: Yes
  • Cooling:Electric2: Yes
  • Tax Info:Taxes2: 7443.0
  • Tax Info:Zoning3: Multi-Family
  • Security Features:Fire Alarm: Yes
  • General Property Info:Building 1 Description: Main Building
  • General Property Info:_pound_ of Units: 4
  • Fencing:Electric3: Yes
  • Annual Inc Expense:Insurance4: 1967.04
  • Annual Inc Expense:Tax Expense2: 7442.95
  • Security Features:Security Lights: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Heating: Ceiling, Forced Air, Hot Water
  • Flooring: Carpet, Laminate, Vinyl
  • Property Type: Resid/Multi-Family
  • Accessibility Features: Accessible Central Living Area, Accessible Doors, Accessible Entrance
  • Window Features: Blinds, Double Pane Windows, ENERGY STAR Qualified Windows
  • Community Features:Curbs: Yes
  • Basement:Crawl Space: Yes
  • Community Features:Playground: Yes
  • Community Features:Park: Yes
  • Community Features:Street Lights: Yes

Exterior Features

  • Fencing: Back Yard, Electric, Partial
  • Foundation Details: Concrete Perimeter
  • RoadFrontageType: City Street
  • RoadSurfaceType: None
  • Construction Type: Wood Siding
  • Window Features:Double Pane Windows: Yes
  • Window Features:Blinds: Yes
  • Window Features:ENERGY STAR Qualified Windows: Yes
  • Accessibility Features:Accessible Doors: Yes
  • Accessibility Features:Accessible Central Living Area: Yes
  • Accessibility Features:Accessible Entrance: Yes

Garage/Parking

  • Total Parking Spaces: 8.0
  • Parking Features: Concrete, Community Structure, Off Street, On Street
  • Attached Garage: No
  • Parking Features:Off Street: Yes
  • Parking Features:On Street: Yes
  • General Property Info:Parking Total: 8
  • Parking Features:Community Structure: Yes
  • Parking Features:Concrete6: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Electric: 100 Amp Service, 220 Volts in Laundry, Circuit Breakers
  • LaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • SecurityFeatures: Carbon Monoxide Detector(s), Fire Alarm, Security Lights
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Hot Water: Yes
  • Heating:Ceiling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Park, Playground, Street Lights
  • Association Amenities: None

Association/Amenities

  • Association Amenities:None12: Yes

Fee Information

  • Annual Water Sewer Expense: 3840.0

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 13939.2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 1967.04
  • Property Net Operating Income: 18118.0

Tax Info

  • New Taxes Expense: 7442.95
  • Tax Carrier Route: 4392

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Dec 16, 2024
Sold by
Rodgers Jerome
Bought by
Dm Lansing Two Llc
Seller's Agent
Donovan Thomas
Five Star Real Estate - Lansing
Buyer's Agent
Donovan Thomas
Five Star Real Estate - Lansing
List Price
$308,000
Sold Price
$285,000
Premium/Discount to List
-$23,000
-7.47%
Views
16
Current Estimated Value
$297,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,061
Avg. Annual Appreciation
3.40%
Original Mortgage
$185,250
Outstanding Balance
$183,799
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$113,262

Purchase Details

Listed on
Feb 12, 2021
Closed on
Apr 21, 2021
Sold by
Bodford Emmanuel J
Bought by
Rodgers Jerome
Seller's Agent
Barbra Roll-Wyzga
Keller Williams First
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$220,000
Interest Rate
3%
Mortgage Type
VA

Purchase Details

Closed on
Mar 15, 2007
Sold by
Forquer Joseph
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Nov 3, 2004
Sold by
A2 Ltd Llc
Bought by
Forquer Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2000
Sold by
Alden Gary L
Bought by
Williams Kerry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,516
Interest Rate
7.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 26, 1997
Sold by
Kelly Paul T and Kelly Kim W
Bought by
Alden Gary L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Dm Lansing Two Llc $285,000 New Horizons Title Agency
Dm Lansing Two Llc $285,000 New Horizons Title Agency
Rodgers Jerome $220,000 Ata National Title Group Llc
Aurora Loan Services Llc $122,339 None Available
Forquer Joseph $147,500 Bell Title Company
Williams Kerry D $110,310 --
Alden Gary L $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dm Lansing Two Llc $185,250
Closed Dm Lansing Two Llc $185,250
Previous Owner Rodgers Jerome $220,000
Previous Owner Forquer Joseph $118,000
Previous Owner Williams Kerry D $5,516
Closed Forquer Joseph $22,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2024 12/16/24 Sold $285,000 -7.5% $85 / Sq Ft
11/01/2024 11/01/24 For Sale $308,000 +40.0% $92 / Sq Ft
04/22/2021 04/22/21 Sold $220,000 -4.3% $66 / Sq Ft View Prior Sale
03/01/2021 03/01/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $229,900 -- $69 / Sq Ft
Source: Greater Lansing Association of Realtors®

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 $8,335 $125,300 $10,700 $114,600
2024 $63 $103,400 $10,700 $92,700
2023 $7,443 $94,000 $10,700 $83,300
2022 $6,789 $87,900 $9,200 $78,700
2021 $3,873 $58,500 $5,600 $52,900
2020 $3,844 $55,000 $5,600 $49,400
2019 $3,693 $50,200 $5,600 $44,600
2018 $3,508 $49,500 $5,600 $43,900
2017 $3,366 $49,500 $5,600 $43,900
2016 $3,230 $47,700 $5,600 $42,100
2015 $3,230 $46,200 $11,198 $35,002
2014 $3,230 $42,300 $19,197 $23,103
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 284644

Greater Lansing Association of Realtors®

APN: 01-01-32-101-405

Your Personal Tour Guide

Ask me questions while you tour the home.