NOT LISTED FOR SALE

408 W Ash St Mason, MI 48854

Estimated Value: $160,000 - $202,000

3 Beds
2 Baths
1,358 Sq Ft
$129/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $120,000 $88 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,366/month

3 Days on Market

Highlights

  • Front Porch
  • Forced Air Heating System
  • Wood Siding

About This Home

As of May 2022

*** Multiple Offer Situation. Offer submission deadline is 6:00 pm on Sat, April 16*** Great investment opportunity in this Mason duplex! Walking distance to Courthouse, Keans, Vault Deli and Bad Brewing. Property has been used as multi-generational family housing for 25 years. 2 beds/1 bath in main floor and upper unit. 2 ''unofficial'' bedrooms and full bath in the basement. Property is being sold ''as-is'' and the seller will not make any repairs. Property is listed well under market value. Market rate rents would be $1,600 per month. All utilities are split per unit.

Last Agent to Sell the Property

Gary Naeyaert

EXIT Realty Home Partners License #6506049395 Listed on: 04/13/2022

EXIT Realty Home Partners

Last Buyer's Agent

Jeffrey Thornton

Coldwell Banker Professionals -Okemos License #6506040317

Coldwell Banker Professionals -Okemos

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,275 Sq Ft Lot
  • Lot Dimensions are 66 x 110.5

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,358 Sq Ft Home
  • 2-Story Property
  • Washer and Electric Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Stubbed For A Bathroom

Parking

  • 4 Parking Spaces
  • No Garage
  • Parking Pad
  • Driveway

Outdoor Features

  • Front 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

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Tax Year: 2021
  • Levels: Two
  • Year Built: 1920
  • Lot Size Acres: 0.17
  • Lot Size: 66 x 110.5
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1358.0
  • General Property Info:Lot Size Dimensions: 66 x 110.5
  • General Property Info:Above Grade Finished Area: 1358.0
  • Levels:Two2: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:In Basement: Yes
  • Laundry Features:Washer Hookup: Yes
  • Foundation Details:Block4: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Shingle Siding: Yes
  • Exterior:Wood Siding: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 4800.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Disclosures: Lead Based Paint, Sellers Disclosures
  • Foundation Details: Block
  • RoadFrontageType: City Street
  • Patio And Porch Features: Front Porch
  • Construction Type: Shingle Siding, Wood Siding
  • Patio Porch Features:Front Porch: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: Driveway, No Garage, Parking Pad
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Parking Pad: Yes
  • General Property Info:Parking Total: 4

Utilities

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

Schools

  • Junior High Dist: Mason

Lot Info

  • Lot Size Sq Ft: 7274.52
  • Zoning Description: Zoning

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Carrier Route: 1552

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 16, 2022
Sold by
Ireland Claudia A
Bought by
Four Points Management Llc
Seller's Agent
Gary Naeyaert
EXIT Realty Home Partners
Buyer's Agent
Jeffrey Thornton
Coldwell Banker Professionals -Okemos
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%
Current Estimated Value
$175,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,629
Avg. Annual Appreciation
10.59%

Purchase Details

Closed on
Apr 30, 1997
Sold by
Birney David and Birney Dianne
Bought by
Ireland James and Ireland Claudia

Purchase Details

Closed on
Jun 17, 1991
Sold by
Goodman Gene and Goodman Ann
Bought by
Birney David and Birney Dianne
Source: Public Records

Range of Values:

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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
Four Points Management Llc $120,000 Diversified National Title
Ireland James $69,400 --
Birney David $58,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $120,000 -7.7% $88 / Sq Ft
04/16/2022 04/16/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $130,000 -- $96 / 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 $4,914 $67,390 $26,440 $40,950
2024 $40 $67,050 $24,880 $42,170
2023 $4,622 $59,740 $20,220 $39,520
2022 $4,978 $71,480 $22,930 $48,550
2021 $4,800 $66,160 $22,930 $43,230
2020 $4,727 $61,970 $22,930 $39,040
2019 $2,474 $59,770 $18,340 $41,430
2018 $2,427 $52,210 $18,340 $33,870
2017 $2,933 $52,210 $18,340 $33,870
2016 -- $44,390 $9,170 $35,220
2015 -- $39,280 $18,344 $20,936
2014 -- $39,570 $24,458 $15,112
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 264045

Greater Lansing Association of Realtors®

APN: 19-10-08-207-018