NOT LISTED FOR SALE

3933 Phoenix Dr Lansing, MI 48911

Estimated Value: $111,000 - $361,000

-- Bed
4 Baths
900 Sq Ft
$240/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $57,000 $63 Per Sq Ft

Est. 279% increase in value since last sale

Current estimated payment $1,526/month

104 Days on Market

About This Home

As of January 2022

Great investment opportunity.
Great rental in the holt school district. Similar units are listed at 129k.
Buy with equity and cash flow.
2, 3 bed 1.5 single family residences. All utilities are separate.

Last Agent to Sell the Property

Bruce Hicks

Real Estate Warehouse L.L.C. License #6501399079 Listed on: 09/22/2021

Last Buyer's Agent

Robert Glennon

Keller Williams Realty Lansing License #6506046753

Keller Williams Realty Lansing

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 0.25 Acre Lot

Home Design

  • Aluminum Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Washer and Electric Dryer Hookup

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces
  • Additional Parking

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0.25 Acres

Listing Details

  • Tax Year: 19
  • Levels: One
  • Year Built: 1942
  • Lot Size Acres: 0.25
  • Lot Size: 1/4
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 900.0
  • General Property Info:Lot Size Dimensions: 1/4
  • General Property Info:Above Grade Finished Area: 900.0
  • Exterior:Aluminum Siding: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 2395.08
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: home
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: Additional Parking
  • Attached Garage: No
  • Parking Features:Additional Parking: Yes
  • General Property Info:Parking Total: 4
  • Parking Features:Carport Spaces2: 2

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: 10890.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Jan 6, 2022
Sold by
Coast To Coast Properties Llc
Bought by
Alikheil Rahim
Seller's Agent
Bruce Hicks
Real Estate Warehouse L.L.C.
Buyer's Agent
Robert Glennon
Keller Williams Realty Lansing
List Price
$65,000
Sold Price
$57,000
Premium/Discount to List
-$8,000
-12.31%
Current Estimated Value
$216,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,188
Avg. Annual Appreciation
37.25%

Purchase Details

Closed on
Jul 28, 2021
Sold by
Moore Dillon
Bought by
Coast To Coast Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,048
Interest Rate
2.93%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 13, 2021
Sold by
Gallagher Byron P and Estate Of Paul J Pavlica
Bought by
Moore Dillon

Purchase Details

Closed on
Jul 24, 2008
Sold by
Capital One Na
Bought by
Residential Funding Co Llc

Purchase Details

Closed on
Apr 2, 2008
Sold by
Residential Funding Co Llc
Bought by
Pavlica Paul

Purchase Details

Closed on
Sep 11, 2006
Sold by
Koesterer Albert J and Koesterer Angela M
Bought by
Gmac Mortgage
Source: Public Records

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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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
Alikheil Rahim $48,000 Transnation Title
Coast To Coast Properties Llc $44,000 Transnation Title Agency
Moore Dillon $15,000 None Available
Residential Funding Co Llc -- None Available
Pavlica Paul $20,000 None Available
Gmac Mortgage -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coast To Coast Properties Llc $64,048
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2022 01/06/22 Sold $57,000 -12.3% $63 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
09/22/2021 09/22/21 For Sale $65,000 -- $72 / 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 $4,650 $62,800 $0 $0
2024 $13,564 $57,500 $0 $0
2023 $13,564 $51,700 $0 $0
2022 $4,165 $47,100 $0 $0
2021 $4,720 $42,800 $0 $0
2020 $9,129 $36,600 $0 $0
2019 $3,355 $33,100 $0 $0
2018 $2,266 $26,900 $0 $0
2017 $2,112 $26,200 $0 $0
2016 $890 $25,500 $0 $0
2015 -- $25,300 $0 $0
2014 -- $30,900 $0 $0
2013 -- $31,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Bruce Hicks

    Real Estate Warehouse L.L.C.

    Section Image

  • R

    Buyer's Agent in 2022

    Robert Glennon

    Keller Williams Realty Lansing

    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 259875

Greater Lansing Association of Realtors®

APN: 235-080-012-800-43

Michigan Eaton County Lansing 48911

3933 Phoenix Dr, Lansing, MI

Not Listed for Sale

MultiFamily

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