NOT LISTED FOR SALE

400 W Lapeer St Lansing, MI 48933

Downtown Lansing Neighborhood

Estimated Value: $144,008 - $185,000

4 Beds
3 Baths
1,732 Sq Ft
$94/Sq Ft Est. Value

Last Sold July 20, 2016

Last sale price $53,000 $31 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $1,249/month

212 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • 4-minute walk to Ferris Park

About This Home

As of July 2016

Good three unit income property. All units currently rented. Licensed with the City of Lansing. Since 2005, Furnace, water heater, windows and roof. Two blocks from LCC and close to bus lines.

Last Agent to Sell the Property

Lisa Cain

Berkshire Hathaway HomeServices License #6501320321 Listed on: 10/07/2015

Berkshire Hathaway HomeServices

Last Buyer's Agent

Agent Outside

Out Side Company

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Lot Details

  • Lot Dimensions are 66 x66

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,732 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Parking

  • 5 Parking Spaces
  • No Garage

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Tax Year: 15
  • Total Ovens: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Levels: Two
  • Year Built: 1885
  • Lot Size: 66 X66
  • Above Grade Finished Sq Ft: 1732.0
  • General Property Info:Lot Size Dimensions: 66 X66
  • General Property Info:Above Grade Finished Area: 1732.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Cooling:Window Unit(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • General Property Info:ECO Friendly Features: No
  • Tax Info:Taxes2: 2274.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:_pound_ of Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • General Property Info:Parking Total: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2015
Closed on
Jul 20, 2016
Sold by
Kd Management Llc
Bought by
Sanchez Jose G
Seller's Agent
Lisa Cain
Berkshire Hathaway HomeServices
Buyer's Agent
Agent Outside
Out Side Company
List Price
$69,900
Sold Price
$53,000
Premium/Discount to List
-$16,900
-24.18%
Current Estimated Value
$163,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,252
Avg. Annual Appreciation
12.81%

Purchase Details

Listed on
Jul 28, 2012
Closed on
May 24, 2013
Sold by
Mccallum Charlene S and Mccallum Andrew W
Bought by
Kd Management Llc
Seller's Agent
Charlene McCallum
Keller Williams Realty Lansing
Buyer's Agent
Lisa Cain
Berkshire Hathaway HomeServices
List Price
$59,900
Sold Price
$52,000
Premium/Discount to List
-$7,900
-13.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.60%

Purchase Details

Closed on
Sep 27, 2005
Sold by
Smith Kevin A and Smith Danielle
Bought by
Mccallum Andrew W and Mccallum Charlene S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,866
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 10, 2003
Sold by
Kimball Ray K and Kimball Jan M
Bought by
Smith Kevin A and Smith Danielle
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sanchez Jose G $53,000 Tri Title 1
Kd Management Llc $52,000 Parks Title
Mccallum Andrew W $85,000 Fatic
Smith Kevin A $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccallum Andrew W $56,866
Previous Owner Kimball Ray K $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2016 07/20/16 Sold $53,000 -24.2% $31 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
10/07/2015 10/07/15 For Sale $69,900 +34.4% $40 / Sq Ft
05/24/2013 05/24/13 Sold $52,000 -13.2% $29 / Sq Ft
04/20/2013 04/20/13 Pending -- -- --
07/28/2012 07/28/12 For Sale $59,900 -- $34 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History Compared to Growth

Source: Public Records

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 $4,334 $66,800 $5,200 $61,600
2024 $34 $63,400 $5,200 $58,200
2023 $4,085 $57,100 $5,200 $51,900
2022 $3,742 $51,400 $5,700 $45,700
2021 $3,657 $49,500 $7,300 $42,200
2020 $3,629 $46,700 $7,300 $39,400
2019 $3,575 $42,400 $7,300 $35,100
2018 $3,324 $39,800 $7,300 $32,500
2017 $3,195 $39,800 $7,300 $32,500
2016 $2,248 $39,100 $7,300 $31,800
2015 $2,248 $38,000 $14,610 $23,390
2014 $2,248 $27,300 $17,000 $10,300
Source: Public Records

Agents Affiliated with this Home

  • Lisa Cain

    Seller's Agent in 2016

    Lisa Cain

    Berkshire Hathaway HomeServices

    (517) 930-4783

    2 in this area

    58 Total Sales

    Lisa Cain
    Section Image

  • A

    Buyer's Agent in 2016

    Agent Outside

    Out Side Company

  • C

    Seller's Agent in 2013

    Charlene McCallum

    Keller Williams Realty Lansing

    Section Image
See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 75743

Greater Lansing Association of Realtors®

APN: 01-01-16-104-081

Michigan Ingham County Lansing 48933 Downtown Lansing

400 W Lapeer St, Lansing, MI

This home is located at 400 W Lapeer St, Lansing, MI 48933 since 07 October 2015 and is currently estimated at $163,252, approximately $94 per square foot. This property was built in 1885. 400 W Lapeer St is a home located in Ingham County with nearby schools including Riddle Elementary School, Pattengill Academy, and J.W. Sexton High School.

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 © 2025 Greater Lansing Association of REALTORS®

Nearby Homes