NOT LISTED FOR SALE

409 E Scott St Grand Ledge, MI 48837

Estimated Value: $259,000 - $369,000

6 Beds
3 Baths
2,616 Sq Ft
$124/Sq Ft Est. Value

Sale Details

Date Sold: January 21, 2020

Last sale price $190,000 $73 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,052 / mo

34 Days on Market

Highlights

  • Covered Patio or Porch
  • 8 Car Detached Garage
  • Forced Air Heating System
  • Leon W. Hayes Middle School Rated A-
  • Parking Storage or Cabinetry

About This Home

As of January 2020

Fantastic investment opportunity in the heart of desirable Grand Ledge! Seller has done plenty of updates with the property including flooring, paint interior cosmetics & more! Each unit has 3 bedrooms, a large living & formal dining area with all of the appliances (including washer/dryer) remaining. READY TO RENT! Each unit has a full bath, with an additional half bath in unit 409. Over 1,300 finished sq ft of total living space in this money-making gem, with a full basement & 1.5 car garage for additional room & storage. 50 year steel roof on the duplex, newer water heaters in each unit. New sewer line/plumbing & electrical panel as of 2019.

Prime Location close to schools, parks, The River& Island, shopping, locally famous restaurants & more. With previous rents at around $1,000/per mo a unit & the potential to earn more, you won't want to miss this great investment opportunity!

Last Agent to Sell the Property

Amber Swint

Keller Williams Realty Lansing License #6501405038 Listed on: 11/06/2019

Last Buyer's Agent

Jeffrey Egdell

Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • Metal Roof
  • Shingle Siding

Interior Spaces

  • 2,616 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space
  • Natural lighting in basement

Parking

  • 8 Car Detached Garage
  • Parking Storage or Cabinetry

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Total Actual Rent $2,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Resid/Multi-Family
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2616.0
  • General Property Info:Lot Size Dimensions: 66x132
  • General Property Info:Above Grade Finished Area: 2616.0
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Daylight, Full
  • Heating: Forced Air, Natural Gas
  • Levels: Two
  • Full Basement: Yes
  • Levels:Two2: Yes
  • Basement:Daylight: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Steel
  • Patio And Porch Features: Covered
  • Construction Type: Shingle Siding
  • Patio Porch Features:Covered: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Steel: Yes

Garage/Parking

  • Parking Features: Detached, Overhead Storage
  • Attached Garage: No
  • Parking Features:Overhead Storage: Yes
  • Parking Features:Detached: Yes
  • Misc Business Info:_pound_ Parking: 8
  • General Property Info:Parking Total: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Security Features:Smoke Detector(s): Yes

Schools

  • Junior High Dist: Grand Ledge

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size: 66x132
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Land Acreage:Up to 14 Acre: Yes

Rental Info

  • Unit Information:_pound_ Deposits: 2

Tax Info

  • Tax Info:Taxable Value: 66445.0
  • Tax Info:State Eq Value: 68200.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Jan 21, 2020
Sold by
Bought by
Seller's Agent
Amber Swint
Keller Williams Realty Lansing
Buyer's Agent
Jeffrey Egdell
Non Member Office
List Price
$190,000
Sold Price
$190,000
Current Estimated Value
$324,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,970
Avg. Annual Appreciation
8.81%
Original Mortgage
$148,800
Outstanding Balance
$102,077
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$222,893
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$190,000 Transnation Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $148,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/21/2020 01/21/20 Sold $190,000 0.0% $73 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $190,000 -- $73 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,925 $86,000 $0 $0
2024 $3,809 $75,800 $0 $0
2023 $3,775 $75,800 $0 $0
2022 $5,017 $76,600 $0 $0
2021 $4,880 $75,100 $0 $0
2020 $4,403 $71,500 $0 $0
2019 $4,396 $141,912 $0 $0
2018 $4,008 $65,600 $0 $0
2017 $3,925 $65,600 $0 $0
2016 $3,174 $64,800 $0 $0
2015 -- $62,800 $0 $0
2014 -- $62,800 $0 $0
2013 -- $63,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Amber Swint

    Keller Williams Realty Lansing

  • J

    Buyer's Agent in 2020

    Jeffrey Egdell

    Non Member Office

See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 242341

Greater Lansing Association of Realtors®

APN: 400-000-635-090-00

Michigan Eaton County Grand Ledge 48837

409 E Scott St, Grand Ledge, MI

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