D
Seller's Agent in 2019
Doug Eschtruth
RE/MAX Michigan
(517) 455-7964
16 Total Sales
3712 Malibu Dr Lansing, MI 48911
Averill Woods NeighborhoodEstimated Value: $196,000 - $267,000
--
Bed
4
Baths
2,188
Sq Ft
$108/Sq Ft
Est. Value
Highlights
- Covered patio or porch
- 2 Car Attached Garage
- Forced Air Heating System
About This Home
As of August 2019Great income property. Easy to rent. All units are occupied. One side can be shown with an appointment. Newer roof. Also available 3700/02 Malibu, 3706/08 Malibu, and 3720/22 Malibu. Tenants pay utility bills.
Last Agent to Sell the Property
RE/MAX Real Estate Professionals License #6502129736 Listed on: 06/06/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1968
Lot Details
- 8,930 Sq Ft Lot
- Lot Dimensions are 65x138
Home Design
- Brick Exterior Construction
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 2,188 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Parking
- 2 Car Attached Garage
- Gravel Driveway
Outdoor Features
- Covered patio or porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $17,700
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $600
- Maintenance Expense $1,800
- New Taxes Expense $2,750
- Operating Expense $5,150
- Net Operating Income $12,850
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 17, 2021
Sold by
Ward Dale
Bought by
Leanne Llc
Current Estimated Value
Purchase Details
Listed on
Jun 6, 2019
Closed on
Aug 29, 2019
Sold by
Sanborn Marcus
Bought by
Ward Dale
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
16.31%
Original Mortgage
$71,718
Interest Rate
3.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 29, 2007
Sold by
Parag Viran G and Parag Sapna V
Bought by
The Federal Home Loan Mortgage Corp
Purchase Details
Closed on
Dec 30, 2003
Sold by
Williams Kerry D
Bought by
Parag Viran G and Parag Sapna V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,222
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 29, 1998
Sold by
Hatfield John W and Hatfield Bonnie M
Bought by
Williams Kerry D
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Leanne Llc | -- | None Available | |
| Ward Dale | $95,625 | Ata National Title Group Llc | |
| The Federal Home Loan Mortgage Corp | $138,141 | None Available | |
| Parag Viran G | $146,550 | -- | |
| Williams Kerry D | $104,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ward Dale | $71,718 | |
| Previous Owner | Sanborn Marcus | $52,400 | |
| Previous Owner | Parag Viran G | $139,222 | |
| Previous Owner | Williams Kerry D | $36,000 | |
| Previous Owner | Williams Kerry D | $112,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2019 08/29/19 | Sold | $95,625 | -4.3% | $44 / Sq Ft |
| 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 Compared to Growth
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 | $33 | $129,600 | $9,700 | $119,900 |
| 2023 | $3,841 | $95,000 | $9,700 | $85,300 |
| 2022 | $3,511 | $82,700 | $11,000 | $71,700 |
| 2021 | $3,431 | $78,300 | $11,000 | $67,300 |
| 2020 | $3,406 | $41,000 | $11,000 | $30,000 |
| 2019 | $2,896 | $38,200 | $11,000 | $27,200 |
| 2018 | $2,750 | $35,800 | $11,000 | $24,800 |
| 2017 | $2,645 | $35,800 | $11,000 | $24,800 |
| 2016 | $2,556 | $35,300 | $11,000 | $24,300 |
| 2015 | $2,556 | $33,200 | $22,056 | $11,144 |
| 2014 | $2,556 | $32,900 | $22,056 | $10,844 |
Source: Public Records
Agents Affiliated with this Home
-
-
H
Buyer's Agent in 2019
Hunter Seyfarth
Berkshire Hathaway HomeServices
(517) 281-1683
41 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 237333
APN: 01-01-30-303-061
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