Seller's Agent in 2022
Dale McNabb
Ross & Associates Realtors, LLC
(517) 290-5970
35 in this area
56 Total Sales
409 Canal St Eaton Rapids, MI 48827
Estimated Value: $147,786 - $162,000
4
Beds
4
Baths
2,778
Sq Ft
$55/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Private Yard
- 6 Car Direct Access Garage
- Wood Flooring
- Covered Patio or Porch
- Wood Frame Window
About This Home
As of February 2022WELL MAINTAINED, 4 UNIT PROPERTY, ALL UNITS ARE 1 BED, 1 BATH, 3 UNITS HAVE EFFICIENCY KITCHEN, UNIT 1 HAS A FULL KITCHEN & LAUNDRY HOOK UP-WASHER/DRYER ARE TENANT OWNED, UNIT 1 RESERVES CURTAINS, ALL UNITS HAVE BEEN RENTED FOR YEARS TO THE SAME TENANTS, ALL UNITS HAVE HARDWOOD FLOORS, VINYL & SOME CARPET, FRONT AND BACK STAIRWAYS ARE HARDWOOD, OWNER PAYS INSURANCE, TRASH, NATURAL GAS, WATER, SEWER AND ELECTRIC FOR COMMON AREAS, REPAIR EXPENSE VARIES. TENANTS PAY THEIR OWN ELECTRIC-5 ELECTRIC PANELS, THERE ARE NO SECURITY DEPOSITS. PARKING AREA FOR 6-7 VEHICLES. EXTERIOR OF THE BUILDING IS CEDAR SHAKES. GREAT LOCATION WALK TO TOWN, EASY ACCESS TO SURROUNDING SMALL CITIES & LANSING. Reserve the plants along the fences, they belong to Unit 1.
Last Agent to Sell the Property
Ross & Associates Realtors, LLC License #6506036444 Listed on: 12/27/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,664
Year Built
- Built in 1900
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 66x160
- Level Lot
- Private Yard
Home Design
- Traditional Architecture
- Block Foundation
- Shingle Roof
- Wood Siding
- Shingle Siding
Interior Spaces
- 2,778 Sq Ft Home
- 2-Story Property
- Wood Frame Window
- Fire and Smoke Detector
Flooring
- Wood
- Carpet
- Linoleum
- Vinyl
Basement
- Shared Basement
- Block Basement Construction
Parking
- 6 Car Direct Access Garage
- Private Parking
- Gravel Driveway
Schools
- Lockwood Elementary School
Utilities
- No Cooling
- Zoned Heating System
- Heating System Uses Natural Gas
- Hot Water Heating System
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Covered Patio or Porch
- City Lot
Listing and Financial Details
- Total Actual Rent $20,100
Community Details
Overview
- 4 Units
- Leisenring Subdivision
Building Details
- Insurance Expense $1,273
- Other Expense $903
- Water Sewer Expense $1,926
- New Taxes Expense $1,675
- Net Operating Income $12,624
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 27, 2021
Closed on
Feb 2, 2022
Sold by
Oberlin Stanley C
Bought by
Charlotte Apartment Llc
Seller's Agent
Dale McNabb
Ross & Associates Realtors, LLC
Buyer's Agent
Peter MacIntyre
RE/MAX Real Estate Professionals
List Price
$116,000
Sold Price
$120,000
Premium/Discount to List
$4,000
3.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,262
Avg. Annual Appreciation
6.89%
Purchase Details
Listed on
Dec 27, 2021
Closed on
Jan 14, 2022
Sold by
Sarah Taylor
Bought by
Oberlin Stanley C
Seller's Agent
Dale McNabb
Ross & Associates Realtors, LLC
Buyer's Agent
Peter MacIntyre
RE/MAX Real Estate Professionals
List Price
$116,000
Sold Price
$120,000
Premium/Discount to List
$4,000
3.45%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Charlotte Apartment Llc | $120,000 | Ata National Title Group | |
| Oberlin Stanley C | $47,871 | Ata National Title Group |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/02/2022 02/02/22 | Sold | $120,000 | -1.6% | $43 / Sq Ft |
| 01/26/2022 01/26/22 | Pending | -- | -- | -- |
| 12/27/2021 12/27/21 | Price Changed | $122,000 | +5.2% | $44 / Sq Ft |
| 12/15/2021 12/15/21 | For Sale | $116,000 | -- | $42 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $2,615 | $43,300 | $0 | $0 |
| 2024 | $1,677 | $45,100 | $0 | $0 |
| 2023 | $1,870 | $48,100 | $0 | $0 |
| 2022 | $1,741 | $40,000 | $0 | $0 |
| 2021 | $1,681 | $30,400 | $0 | $0 |
| 2020 | $1,663 | $27,400 | $0 | $0 |
| 2019 | $1,826 | $31,170 | $0 | $0 |
| 2018 | $1,749 | $30,141 | $0 | $0 |
| 2017 | $1,811 | $28,108 | $0 | $0 |
| 2016 | -- | $54,900 | $0 | $0 |
| 2015 | -- | $53,300 | $0 | $0 |
| 2014 | -- | $52,250 | $0 | $0 |
| 2013 | -- | $51,950 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dale McNabb
-
Peter MacIntyre
Buyer's Agent in 2022
Peter MacIntyre
RE/MAX Michigan
(517) 256-6664
8 in this area
492 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 261730
APN: 300-062-601-100-00
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