NOT LISTED FOR SALE

3700 Malibu Dr Lansing, MI 48911

Averill Woods Neighborhood

Estimated Value: $223,000 - $245,000

Studio
1 Bath
2,176 Sq Ft
$106/Sq Ft Est. Value

Sale Details

Date Sold: October 3, 2025

Last sale price $220,000 $101 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,611 / mo

29 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • Level Lot
  • Traditional Architecture
  • 2 Car Garage
  • 5-minute walk to Averill Park

About This Home

As of October 2025

This two-story, two-building has potential for both investors and owner-occupants. Each unit features 3 bedrooms, 1.5 bathrooms, and a full basement for added space, as well as its private yard, perfect for relaxing or entertaining. The attached two-car garage gives each unit its own dedicated space.

Last Agent to Sell the Property

David Barone

RE/MAX Real Estate Professionals License #6506039233 Listed on: 09/04/2025

RE/MAX Real Estate Professionals

Last Buyer's Agent

Derek Bramble

NextHome Reality License #6501401527

NextHome Reality

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65x121.7
  • Level Lot
  • Few Trees
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,176 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Location

  • Property is near public transit
  • City Lot

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $28,800

Community Details

Overview

  • 2 Units
  • Bradley Subdivision

Building Details

  • Insurance Expense $950
  • New Taxes Expense $4,004
  • Net Operating Income $23,846

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

7,841 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Resid/Multi-Family
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 2176.0
  • Architectural Style: Traditional
  • General Property Info:Lot Size Dimensions: 65X121.7
  • General Property Info:Above Grade Finished Area: 2176.0
  • Architectural Style:Traditional: Yes
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:_pound_ of Units: 2
  • General Property Info:Living Area Source: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete, Full
  • Heating: Central, Forced Air, Natural Gas
  • Flooring: Laminate
  • Levels: Two
  • Window Features: Aluminum Frames
  • Full Basement: Yes
  • Levels:Two2: Yes
  • Laundry Features:In Basement: Yes
  • Flooring:Laminate: Yes
  • Basement:Concrete2: Yes

Exterior Features

  • Roof: Shingle
  • Foundation Details: Block
  • Lot Features: Back Yard, City Lot, Few Trees, Front Yard, Level, Near Public Transit
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Construction Type: Aluminum Siding
  • Exterior:Aluminum Siding: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Front Yard2: Yes
  • Lot Features:Near Public Transit: Yes
  • Foundation Details:Block4: Yes
  • Roof:Shingle: Yes
  • Road Frontage Type:City Street: Yes
  • Road Surface Type:Paved: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Level: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features: Garage, Garage Door Opener, Garage Faces Front
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage2: Yes
  • General Property Info:Parking Total: 2
  • Parking Features:Garage Spaces2: 2

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Cooling: Other
  • Electric: 100 Amp Service, Circuit Breakers
  • LaundryFeatures: In Basement
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Sewer:Public Sewer: Yes
  • Heating:Central: Yes
  • Electric:Circuit Breakers: Yes
  • Cooling:Other10: Yes
  • Electric 100 Amp Service: Yes
  • Water Source:Public: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size: 65X121.7
  • Lot Size Sq Ft: 7840.8
  • Zoning Description: Zoning

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 950.0
  • Property Net Operating Income: 23846.0

Tax Info

  • New Taxes Expense: 4004.0
  • Tax Info:Taxable Value: 47861.0
  • Tax Info:State Eq Value: 104100.0

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
Sep 4, 2025
Closed on
Oct 24, 2025
Sold by
Bought by
Seller's Agent
David Barone
RE/MAX Real Estate Professionals
Buyer's Agent
Derek Bramble
NextHome Reality
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%
Views
45
Current Estimated Value
$231,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,009
Avg. Annual Appreciation
5.71%

Purchase Details

Listed on
Sep 4, 2025
Closed on
Oct 13, 2025
Sold by
Bought by
Seller's Agent
David Barone
RE/MAX Real Estate Professionals
Buyer's Agent
Derek Bramble
NextHome Reality
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%
Views
45

Purchase Details

Closed on
Jun 13, 2021
Sold by
Bought by

Purchase Details

Listed on
Jun 6, 2019
Closed on
Aug 29, 2019
Sold by
Bought by
Seller's Agent
Doug Eschtruth
RE/MAX Real Estate Professionals
Buyer's Agent
Hunter Seyfarth
Berkshire Hathaway HomeServices
List Price
$99,900
Sold Price
$95,625
Premium/Discount to List
-$4,275
-4.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%
Original Mortgage
$71,718
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 15, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 14, 1998
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 1994
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Averill Woods, MI

  • Brian Kasper Real Estate Agent - Century 21 Affiliated

    Brian Kasper

    Century 21 Affiliated

    (517) 816-9249

    352 Total Sales

    2 in Averill Woods

    $130K - $173K Price Range

    Brian Kasper
     Section Image
  • Lynne Gebski Real Estate Agent - EXP Realty Main

    Lynne Gebski

    EXP Realty Main

    (947) 600-4817

    171 Total Sales

    1 in Averill Woods

    $163,500 Price

    Lynne Gebski
     Section Image
  • David Hall Real Estate Agent - Achieve Real Estate LLC

    David Hall

    Achieve Real Estate LLC

    (517) 481-4093

    124 Total Sales

    1 in Averill Woods

    $210,000 Price

    David Hall
     Section Image
  • Thomas Barrett Real Estate Agent - Keller Williams Realty Lansing

    Thomas Barrett

    Keller Williams Realty Lansing

    (517) 777-0896

    158 Total Sales

    2 in Averill Woods

    $154K - $194K Price Range

    Thomas Barrett
     Section Image
  • Mohamed Abukar Real Estate Agent - EXP Realty, LLC

    Mohamed Abukar

    EXP Realty, LLC

    (517) 816-9164

    98 Total Sales

    5 in Averill Woods

    $95K - $249K Price Range

    Mohamed Abukar
     Section Image
  • Missy Lord Real Estate Agent - RE/MAX Real Estate Professionals Dewitt

    Missy Lord

    RE/MAX Real Estate Professionals Dewitt

    (517) 272-8399

    587 Total Sales

    1 in Averill Woods

    $153,000 Price

    Missy Lord
     Section Image
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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
-- None Listed On Document
$220,000 Transnation Title
-- None Available
$95,625 Ata National Title Group Llc
$65,000 None Available
-- None Available
$119,481 None Available
$94,500 --
$80,000 --
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
Previous Owner $71,718
Previous Owner $52,000
Previous Owner $120,800
Previous Owner $103,500
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 Prior Sale
10/03/2025 10/03/25 Sold $220,000 -6.3% $101 / Sq Ft
10/03/2025 10/03/25 Pending -- -- --
06/28/2025 06/28/25 Price Changed $234,900 -2.1% $108 / Sq Ft
06/27/2025 06/27/25 For Sale $239,900 +150.9% $110 / Sq Ft
08/29/2019 08/29/19 Sold $95,625 -4.3% $44 / Sq Ft View Prior Sale
06/12/2019 06/12/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $99,900 -- $46 / 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
2026 $4,122 $104,900 $9,600 $95,300
2025 $3,344 $104,100 $9,600 $94,500
2024 $32 $99,100 $9,600 $89,500
2023 $3,770 $86,200 $9,600 $76,600
2022 $3,448 $78,300 $10,900 $67,400
2021 $3,368 $74,100 $10,900 $63,200
2020 $3,344 $40,200 $10,900 $29,300
2019 $2,888 $37,500 $10,900 $26,600
2018 $2,743 $35,700 $10,900 $24,800
2017 $2,638 $35,700 $10,900 $24,800
2016 $2,549 $35,200 $10,900 $24,300
2015 $2,549 $33,100 $21,815 $11,285
2014 $2,549 $32,800 $21,815 $10,985
Source: Public Records

Agents Affiliated with this Home

  • David Barone Real Estate Agent - RE/MAX Michigan

    Seller's Agent in 2025

    David Barone

    RE/MAX Michigan

    (517) 719-5727

    4 in this area

    59 Total Sales

    David Barone
    Section Image
  • Derek Bramble Real Estate Agent - NextHome Reality

    Buyer's Agent in 2025

    Derek Bramble

    NextHome Reality

    (517) 749-4525

    1 in this area

    35 Total Sales

    Derek Bramble
    Section Image

  • D

    Seller's Agent in 2019

    Doug Eschtruth

    RE/MAX Michigan

    Section Image
  • Hunter Seyfarth Real Estate Agent - Berkshire Hathaway HomeServices

    Buyer's Agent in 2019

    Hunter Seyfarth

    Berkshire Hathaway HomeServices

    (517) 281-1683

    37 Total Sales

    Hunter Seyfarth
    Section Image
See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 289301

Greater Lansing Association of Realtors®

APN: 01-01-30-303-081

Michigan Ingham County Lansing 48911 Averill Woods

3700 Malibu Dr, Lansing, MI

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 © 2026 Greater Lansing Association of REALTORS®

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