NOT LISTED FOR SALE

405 E Hodge Ave Lansing, MI 48910

Old Everett Neighborhood

Estimated Value: $118,693 - $141,000

-- Bed
-- Bath
1,077 Sq Ft
$119/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $89,900 $83 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $968/month

About This Home

As of August 2022

Looking for an investment? Look no further than this duplex on Hodge Avenue. Electric is split with electric heat upstairs; Landlord is only responsible for water. Both units have long term tenants; The lower tenant pays $715/month, and the upper tenant pays $675/month (both are month to month),. Certified rental by the City of Lansing. This property is priced to sell and won't last long.

Last Agent to Sell the Property

Jamie Fox

Trubrook, LLC License #6506048891 Listed on: 07/28/2022

Last Buyer's Agent

Jamie Fox

Trubrook, LLC License #6506048891 Listed on: 07/28/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 33x205.25
  • Back Yard Fenced

Home Design

  • Duplex
  • Aluminum Siding

Interior Spaces

  • 1,077 Sq Ft Home
  • 1.5-Story Property

Basement

  • Block Basement Construction
  • Laundry in Basement

Parking

  • 1 Car Garage
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Tax Year: 2021
  • Levels: One and One Half
  • Year Built: 1920
  • Lot Size Acres: 0.16
  • Lot Size: 33x205.25
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1077.0
  • General Property Info:Lot Size Dimensions: 33x205.25
  • General Property Info:Above Grade Finished Area: 1077.0
  • Exterior:Aluminum Siding: Yes
  • Laundry Features:In Basement: Yes
  • Sewer:Public Sewer: Yes
  • Fencing:Back Yard: Yes
  • Levels:One and One Half: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 2456.0
  • Tax Info:Zoning3: Multi-Family
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Heating: Electric, Forced Air
  • Property Type: Resid/Multi-Family
  • Basement:Block2: Yes

Exterior Features

  • Fencing: Back Yard
  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • General Property Info:Parking Total: 4
  • Parking Features:Garage Spaces2: 1

Utilities

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

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 3076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Aug 29, 2022
Sold by
Sloop Sean
Bought by
Plum Street Investments Llc
Seller's Agent
Jamie Fox
Trubrook, LLC
Buyer's Agent
Jamie Fox
Trubrook, LLC
List Price
$89,900
Sold Price
$89,900
Views
7
Current Estimated Value
$127,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,773
Avg. Annual Appreciation
12.06%
Original Mortgage
$67,200
Outstanding Balance
$64,348
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$63,325

Purchase Details

Listed on
Mar 13, 2019
Closed on
Jul 16, 2019
Sold by
Graves Patricia K
Bought by
Sloop Sean
Seller's Agent
Tom Hands
The Local Element
Buyer's Agent
John Jungwirth
Trubrook, LLC
List Price
$49,900
Sold Price
$29,500
Premium/Discount to List
-$20,400
-40.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.76%
Original Mortgage
$23,600
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2012
Sold by
Graves Barney M
Bought by
Graves Barney M and Graves Patricia K

Purchase Details

Closed on
Jul 19, 2012
Sold by
Allison Wanda
Bought by
Graves Barney M

Purchase Details

Closed on
Feb 22, 2008
Sold by
Moore Carnell and Allison Wanda
Bought by
Moore Carnell and Allison Wanda
Source: Public Records

Range of Values:

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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
Plum Street Investments Llc $89,900 None Listed On Document
Sloop Sean $29,500 Transnation Title Agency
Graves Barney M -- None Available
Graves Barney M -- None Available
Moore Carnell -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plum Street Investments Llc $67,200
Previous Owner Sloop Sean $23,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $89,900 0.0% $83 / Sq Ft
07/13/2022 07/13/22 For Sale $89,900 +204.7% $83 / Sq Ft
07/16/2019 07/16/19 Sold $29,500 -15.7% $27 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
05/02/2019 05/02/19 Price Changed $35,000 -22.0% $32 / Sq Ft
04/25/2019 04/25/19 Price Changed $44,900 -10.0% $42 / Sq Ft
03/11/2019 03/11/19 For Sale $49,900 -- $46 / 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 $3,487 $56,500 $4,300 $52,200
2024 $29 $47,300 $4,300 $43,000
2023 $3,281 $39,600 $4,300 $35,300
2022 $2,514 $35,900 $4,200 $31,700
2021 $2,456 $32,200 $2,900 $29,300
2020 $2,439 $30,000 $2,900 $27,100
2019 $3,834 $28,000 $2,900 $25,100
2018 $2,018 $27,300 $2,900 $24,400
2017 $1,942 $27,300 $2,900 $24,400
2016 $1,929 $25,900 $2,900 $23,000
2015 $1,929 $25,000 $5,790 $19,210
2014 $1,929 $25,500 $4,053 $21,447
Source: Public Records

Agents Affiliated with this Home

  • Jamie Fox

    Seller's Agent in 2022

    Jamie Fox

    Trubrook, LLC

    (517) 231-1093

    11 in this area

    137 Total Sales

    Jamie Fox
    Section Image
  • Tom Hands

    Seller's Agent in 2019

    Tom Hands

    The Local Element

    (517) 775-2469

    2 in this area

    23 Total Sales

    Tom Hands
    Section Image

  • N

    Seller Co-Listing Agent in 2019

    Nancy Hands

    The Local Element

    (517) 775-2594

    Nancy Hands
    Section Image

  • J

    Buyer's Agent in 2019

    John Jungwirth

    Trubrook, LLC

    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 266835

Greater Lansing Association of Realtors®

APN: 01-01-28-406-181

Michigan Ingham County Lansing 48910 Old Everett

405 E Hodge Ave, Lansing, MI

This home is located at 405 E Hodge Ave, Lansing, MI 48910 since 28 July 2022 and is currently estimated at $127,673, approximately $118 per square foot. This property was built in 1920. 405 E Hodge Ave is a home located in Ingham County with nearby schools including Kendon School, Attwood School, and Everett 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.

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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.
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