NOT LISTED FOR SALE

3920 Phoenix Dr Lansing, MI 48911

Estimated Value: $123,000 - $402,000

-- Bed
4 Baths
1,800 Sq Ft
$128/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $100,000 $56 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $1,624/month

100 Days on Market

About This Home

As of February 2022

This duplex features two separate units that share a carport. 3920 Phoenix is rented monthly for $900. 3922 Phoenix is rented until 6/15/21 at $875. Recently paid over 20k in rehab.Each unit features 900 square feet and separate utilities. Get this one before it is gone! Seller is a licensed real estate broker in state of Michigan.

Last Agent to Sell the Property

Jack Dillon

Trubrook, LLC License #6501436113 Listed on: 08/18/2021

Co-Listed By

Jamie Fox

Trubrook, LLC License #6506048891

Last Buyer's Agent

Gabriel Lopez

Trubrook, LLC License #6501290002

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 75x170

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Laminate Flooring
  • Crawl Space
  • Washer and Electric Dryer Hookup

Parking

  • 4 Parking Spaces
  • Carport

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Total Actual Rent $1,775

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0.44 Acres

Listing Details

  • Gross Rent: 1775.0
  • Tax Year: 2020
  • Levels: One
  • Year Built: 1942
  • Lot Size Acres: 0.44
  • Lot Size: 75x170
  • Co List Office Mls Id: 1021
  • Co List Office Phone: 517-507-9993
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1800.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 75x170
  • General Property Info:Above Grade Finished Area: 1800.0
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Flooring:Laminate: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 2915.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: 3920 Phoenix
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Heating: Forced Air, Natural Gas
  • Flooring: Laminate
  • Property Type: Resid/Multi-Family
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Carport
  • Attached Garage: No
  • Parking Features:Carport: Yes
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Holt/Dimondale

Lot Info

  • Lot Size Sq Ft: 19253.52
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2025
Sold by
Tilia Tree Capital Llc
Bought by
Dr Apartments Llc
Current Estimated Value
$231,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$278,336
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
-$47,282

Purchase Details

Listed on
Aug 18, 2021
Closed on
Feb 23, 2022
Sold by
Huber Jr Dale D
Bought by
Tilia Tree Capital Llc
Seller's Agent
Jack Dillon
Trubrook, LLC
Buyer's Agent
Gabriel Lopez
Trubrook, LLC
List Price
$139,900
Sold Price
$100,000
Premium/Discount to List
-$39,900
-28.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.79%

Purchase Details

Closed on
Nov 9, 2017
Sold by
Twitchell Kendel S
Bought by
Huber Dale D and Hillman Jeffery M

Purchase Details

Closed on
Oct 23, 2017
Sold by
Gaskill Kristin
Bought by
Twitchell Kendel S

Purchase Details

Closed on
Oct 30, 2013
Sold by
Twitchell Kendel S and Twitchell Zola B
Bought by
Huber Dale D and Hillman Jeffrey M

Purchase Details

Closed on
Aug 3, 2009
Sold by
Gaskill Kristin
Bought by
Go Invest Wisely Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,034
Interest Rate
10%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 23, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Go Invest Wisely Llc

Purchase Details

Closed on
Sep 11, 2006
Sold by
Koesterer Albert J and Koesterer Angela M
Bought by
Washington Mutual

Purchase Details

Closed on
Apr 6, 2006
Sold by
Haney Robert
Bought by
Koesterer Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 15, 2006
Sold by
Badalyan Nikolay and Minasyan Karina
Bought by
Haney Rob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Dr Apartments Llc $400,000 Liberty Title
Dr Apartments Llc $400,000 Liberty Title
Tilia Tree Capital Llc $100,000 Liberty Title
Huber Dale D $20,000 None Available
Twitchell Kendel S -- None Available
Huber Dale D -- None Available
Go Invest Wisely Llc $37,534 None Available
Go Invest Wisely Llc $3,300 None Available
Washington Mutual -- None Available
Koesterer Albert $150,000 None Available
Haney Rob $65,500 None Available
Badalyan Nikolay $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dr Apartments Llc $280,000
Closed Dr Apartments Llc $280,000
Previous Owner Go Invest Wisely Llc $37,034
Previous Owner Koesterer Albert $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2022 02/23/22 Sold $100,000 -13.0% $56 / Sq Ft
11/26/2021 11/26/21 Pending -- -- --
10/21/2021 10/21/21 Price Changed $115,000 -7.9% $64 / Sq Ft
09/26/2021 09/26/21 Price Changed $124,900 -3.8% $69 / Sq Ft
08/27/2021 08/27/21 Price Changed $129,900 -7.1% $72 / Sq Ft
08/18/2021 08/18/21 For Sale $139,900 -- $78 / 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 $4,897 $66,800 $0 $0
2024 $7,556 $60,800 $0 $0
2023 $7,556 $54,600 $0 $0
2022 $3,565 $45,700 $0 $0
2021 $2,205 $41,300 $0 $0
2020 $2,887 $35,500 $0 $0
2019 $4,385 $32,000 $0 $0
2018 $2,176 $25,800 $0 $0
2017 $3,881 $25,000 $0 $0
2016 $1,181 $24,400 $0 $0
2015 -- $24,200 $0 $0
2014 -- $28,600 $0 $0
2013 -- $28,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 258763

Greater Lansing Association of Realtors®

APN: 235-080-012-800-02

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