NOT LISTED FOR SALE

Estimated Value: $161,000 - $178,492

Studio
1 Bath
1,870 Sq Ft
$89/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $113,000 $60 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,035/month

207 Days on Market

Highlights

  • 0.22 Acre Lot
  • Covered Patio or Porch
  • Fenced
  • Ranch Style House
  • Forced Air Heating System

About This Home

As of April 2021

Investors or Owner occupants, don't miss your chance to see this large 2 bedroom, 1 bath duplex. Each unit has a fenced in backyard and shed, as well as a full basement on each side. Request your showing today!!!

Last Agent to Sell the Property

Tina Batterson

Home Towne Real Estate License #6501414494 Listed on: 03/13/2021

Home Towne Real Estate

Last Buyer's Agent

Kim Laforet

RE/MAX RE Professionals Okemos License #6506040295

RE/MAX RE Professionals Okemos

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,817

Year Built

  • Built in 1969

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 75x127.36
  • Fenced

Home Design

  • 1,870 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Covered Patio or Porch

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

Est. Annual Taxes

$2,817

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Misc Business Info Roof Type: Shingle
  • Tax Year: 2019
  • Levels: One
  • Year Built: 1969
  • Lot Size Acres: 0.22
  • Lot Size: 75x127.36
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1870.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 75x127.36
  • General Property Info:Above Grade Finished Area: 1870.0
  • Laundry Features:In Basement: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Fencing:Fenced: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 2817.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Ranch Duplex
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • Patio And Porch Features: Covered
  • Construction Type: Vinyl Siding, Brick
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: In Basement
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 4492

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
Apr 28, 2021
Sold by
Neff Michael and Neff Dilien M
Bought by
Richards Chris E
Seller's Agent
Tina Batterson
Home Towne Real Estate
Buyer's Agent
Kim Laforet
RE/MAX RE Professionals Okemos
List Price
$110,000
Sold Price
$113,000
Premium/Discount to List
$3,000
2.73%
Current Estimated Value
$166,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,123
Avg. Annual Appreciation
8.51%
Original Mortgage
$84,750
Outstanding Balance
$76,805
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$89,318

Purchase Details

Closed on
Oct 6, 2004
Sold by
Olson Arvilla N and Neff Dilien M
Bought by
Neff Michael and Neff Dilien M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,500
Interest Rate
8.14%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 21, 2001
Sold by
Olson Arvilla N
Bought by
Olson Arvilla N and Reddish Dilien M

Purchase Details

Closed on
Mar 2, 2001
Sold by
Schultz Herbert and Schultz Barbara J
Bought by
Olson Arvilla N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.18%
Mortgage Type
Purchase Money 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
Richards Chris E $113,000 None Available
Neff Michael -- Bell Title Company
Olson Arvilla N -- --
Olson Arvilla N $88,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Chris E $84,750
Previous Owner Neff Michael $98,500
Previous Owner Olson Arvilla N $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2021 04/28/21 Sold $113,000 +2.7% $60 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $110,000 0.0% $59 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
12/11/2020 12/11/20 Price Changed $110,000 -8.3% $59 / Sq Ft
09/27/2020 09/27/20 Price Changed $120,000 -4.0% $64 / Sq Ft
08/24/2020 08/24/20 For Sale $125,000 -- $67 / 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 $5,239 $98,900 $9,800 $89,100
2024 $43 $61,700 $9,800 $51,900
2023 $5,344 $68,200 $9,800 $58,400
2022 $4,880 $60,900 $9,500 $51,400
2021 $612 $53,800 $3,700 $50,100
2020 $2,902 $47,100 $3,700 $43,400
2019 $2,799 $42,700 $3,700 $39,000
2018 $2,659 $37,500 $3,700 $33,800
2017 $2,264 $37,500 $3,700 $33,800
2016 $2,208 $33,500 $3,700 $29,800
2015 $2,208 $32,000 $7,423 $24,577
2014 $2,208 $32,100 $7,423 $24,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 249076

Greater Lansing Association of Realtors®

APN: 01-01-32-277-191