Seller's Agent in 2024
David Barone
RE/MAX Michigan
(517) 719-5727
3 in this area
57 Total Sales
3720 Malibu Dr Lansing, MI 48911
Averill Woods NeighborhoodEstimated Value: $218,000 - $231,125
Studio
1
Bath
2,188
Sq Ft
$103/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Forced Air Heating and Cooling System
- High Speed Internet
- 2 Car Attached Garage
- Private Entrance
- Level Lot
About This Home
As of May 2024Great owner occupied unit at 3720 Malibu Drive. Live in one side and rent out the other! 3722 Malibu rent is $1,200 per month. Each unit has 3 beedrooms, 1.5 bathrooms, full basement with each side sharing a 2 car garage with door opener. Each unit has a back yard with a concrete pation.
Last Agent to Sell the Property
RE/MAX Real Estate Professionals License #6506039233 Listed on: 03/11/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,806
Year Built
- Built in 1968
Lot Details
- 8,973 Sq Ft Lot
- Lot Dimensions are 65x138.50
- Private Entrance
- Level Lot
- Back and Front Yard
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Shingle Roof
- Aluminum Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,188 Sq Ft Home
- 2-Story Property
Flooring
- Laminate
- Vinyl
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Location
- City Lot
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Total Actual Rent $28,800
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $850
- New Taxes Expense $3,806
- Net Operating Income $24,144
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2024
Closed on
May 3, 2024
Sold by
Leanne Llc
Bought by
Ardin Llc
Seller's Agent
David Barone
RE/MAX Real Estate Professionals
List Price
$225,000
Sold Price
$219,550
Premium/Discount to List
-$5,450
-2.42%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,731
Avg. Annual Appreciation
1.51%
Purchase Details
Closed on
Jun 17, 2021
Sold by
Ward Dale
Bought by
Leanne Llc
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
14.33%
Original Mortgage
$71,718
Interest Rate
3.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 6, 2008
Sold by
Federal National Mortgage Association
Bought by
Sanborn Marcus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 5, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Nov 29, 2007
Sold by
Parag Viran G and Parag Sapna V
Bought by
Mortgage Electronic Registration Systems
Purchase Details
Closed on
Sep 9, 1999
Sold by
Trepod Gary A
Bought by
Parag Viran G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,450
Interest Rate
7.9%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 7, 1999
Sold by
Businski Robert J and Businski Marjorie
Bought by
Trepod Gary A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,450
Interest Rate
7.9%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Ardin Llc | $219,550 | Transnation Title | |
| Leanne Llc | -- | None Available | |
| Ward Dale | $95,625 | Ata National Title Group Llc | |
| Sanborn Marcus | $66,000 | None Available | |
| Federal National Mortgage Association | -- | None Available | |
| Mortgage Electronic Registration Systems | $126,169 | None Available | |
| Parag Viran G | $96,500 | First American Title | |
| Trepod Gary A | $40,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ward Dale | $71,718 | |
| Previous Owner | Sanborn Marcus | $52,800 | |
| Previous Owner | Parag Viran G | $96,450 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/03/2024 05/03/24 | Sold | $219,550 | -2.4% | $100 / Sq Ft | |
| 03/15/2024 03/15/24 | Pending | -- | -- | -- | |
| 03/11/2024 03/11/24 | For Sale | $225,000 | +135.3% | $103 / 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 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 |
|---|---|---|---|---|
| 2025 | $4,041 | $105,500 | $10,300 | $95,200 |
| 2024 | $33 | $100,500 | $10,300 | $90,200 |
| 2023 | $3,805 | $87,500 | $10,300 | $77,200 |
| 2022 | $3,480 | $79,500 | $11,600 | $67,900 |
| 2021 | $3,399 | $75,400 | $11,600 | $63,800 |
| 2020 | $3,375 | $40,600 | $11,600 | $29,000 |
| 2019 | $2,928 | $37,900 | $11,600 | $26,300 |
| 2018 | $2,781 | $36,200 | $11,600 | $24,600 |
| 2017 | $2,675 | $36,200 | $11,600 | $24,600 |
| 2016 | $2,585 | $35,700 | $11,600 | $24,100 |
| 2015 | $2,585 | $33,600 | $23,263 | $10,337 |
| 2014 | $2,585 | $33,300 | $23,263 | $10,037 |
Source: Public Records
Agents Affiliated with this Home
-
David Barone
-
Doug Eschtruth
D
Seller's Agent in 2019
Doug Eschtruth
RE/MAX Michigan
(517) 455-7964
14 Total Sales
-
Hunter Seyfarth
H
Buyer's Agent in 2019
Hunter Seyfarth
Berkshire Hathaway HomeServices
(517) 281-1683
39 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 279126
APN: 01-01-30-303-051
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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 © 2025 Greater Lansing Association of REALTORS®
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