NOT LISTED FOR SALE

416 Pearl St Unit 1 Lansing, MI 48906

Old Town Neighborhood

Estimated Value: $146,000 - $173,000

4 Beds
2 Baths
1,648 Sq Ft
$93/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $57,000 $35 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $864/month

45 Days on Market

Highlights

  • 4 Car Detached Garage
  • Wood Siding
  • 4-minute walk to Turner Mini Park
  • Forced Air Heating System

About This Home

As of October 2015

This home is located at 416 Pearl St Unit 1, Lansing, MI 48906 since 17 July 2015 and is currently estimated at $153,570, approximately $93 per square foot. This property was built in 1885. 416 Pearl St Unit 1 is a home located in Ingham County with nearby schools including Willow School, Pattengill Academy, and Eastern Lansing High School.

Last Agent to Sell the Property

Loretta Spinrad

BridgeStreet Real Estate, LLC License #6502395879 Listed on: 07/17/2015

Last Buyer's Agent

Brooks Warner

Keller Williams Realty Lansing License #6506046375

Keller Williams Realty Lansing

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Lot Details

  • Lot Dimensions are 66x132

Parking

  • 4 Car Detached Garage

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,648 Sq Ft Home
  • 2-Story Property
  • Michigan Basement
  • Fire and Smoke Detector

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Tax Year: 14
  • Levels: Two
  • Year Built: 1885
  • Lot Size: 66x132
  • Above Grade Finished Sq Ft: 1648.0
  • General Property Info:Lot Size Dimensions: 66x132
  • General Property Info:Above Grade Finished Area: 1648.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Exterior:Wood Siding: Yes
  • Tax Info:Taxes2: 2000.0
  • Tax Info:Zoning3: Residential
  • General Property Info:_pound_ of Units: 2
  • Water Heater:Electric Water Heater2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Type: Vinyl Siding, Wood Siding

Garage/Parking

  • Parking Features: Detached
  • Attached Garage: No
  • Parking Features:Detached: Yes
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2023
Sold by
Sibbald Chad T
Bought by
Schneider David
Total Days on Market
45
Current Estimated Value
$153,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,547
Interest Rate
7.09%
Mortgage Type
VA

Purchase Details

Listed on
Jul 17, 2015
Closed on
Oct 9, 2015
Sold by
Forsberg Paul and Forsberg Elizabeth
Bought by
Sibbald Chad T
Seller's Agent
Loretta Spinrad
BridgeStreet Real Estate, LLC
Buyer's Agent
Brooks Warner
Keller Williams Realty Lansing
List Price
$65,000
Sold Price
$57,000
Premium/Discount to List
-$8,000
-12.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
Original Mortgage
$55,967
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 2003
Sold by
Forsberg Charles J
Bought by
Forsberg Paul

Purchase Details

Closed on
Oct 8, 1995
Sold by
Forsberg Charles J
Bought by
Forsberg Paul
Source: Public Records

Similar Homes in Lansing, MI

  • 421 N Pennsylvania Ave Unit 1, Lansing, MI 48912

    $119,700

    • 4 Beds
    • 2 Baths
    • 2,150 Sq Ft
    • 421 N Pennsylvania Ave
    • Unit 1
    • Lansing, MI

    Charming multifamily property available. Two bedrooms/one bathroom per unit. Easy access to commercial areas. Attractive investment property! Occupied Reserve Auction – NO ACCESS OR VIEWINGS of this property. Please DO NOT DISTURB the occupant. "As is" sale with no contingencies or inspections. Buyer will be responsible for obtaining possession of the property upon closing.

    Lori Brown Realhome Services and Solutions Inc

    Section Image
  • 4414 S Martin Luther King jr Blvd, Lansing, MI 48910

    $139,999

    • 3 Beds
    • 2.5 Baths
    • 1,592 Sq Ft
    • 4414 S Martin Luther King jr Blvd
    • Lansing, MI

    Welcome to 4414 S Martin Luther King this 2-unit Property offers Main floor with a full kitchen, full bathroom and 3-4 bedrooms. There is a huge 2-3 car attached garage with the property. Huge backyard great for kids and pets. Lots of parking. Property has a new furnace, oversized water heater and new electric heat on the second floor apartment. Upstairs unit is also set up for a 2-unit rental

    Frank Jajou Real Estate One-Troy

    Section Image
See All Homes in Lansing

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schneider David $165,000 Transnation Title
Sibbald Chad T $57,000 Tri County Title Agency Llc
Forsberg Paul $20,299 --
Forsberg Paul $20,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider David $177,998
Closed Schneider David J $168,547
Previous Owner Sibbald Chad T $66,100
Previous Owner Sibbald Chad T $55,967
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $57,000 -12.3% $35 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $65,000 -- $39 / 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
2024 $44 $62,500 $8,000 $54,500
2023 $2,142 $52,200 $8,000 $44,200
2022 $1,933 $46,200 $7,200 $39,000
2021 $1,893 $44,000 $10,100 $33,900
2020 $1,881 $40,200 $10,100 $30,100
2019 $1,802 $34,400 $10,100 $24,300
2018 $1,691 $28,400 $10,100 $18,300
2017 $1,618 $28,400 $10,100 $18,300
2016 $1,929 $27,500 $10,100 $17,400
2015 $1,929 $25,800 $20,284 $5,516
2014 $1,929 $25,500 $20,284 $5,216
Source: Public Records

Agents Affiliated with this Home

  • Loretta Spinrad

    Seller's Agent in 2015

    Loretta Spinrad

    BridgeStreet Real Estate, LLC

    (517) 331-1201

    52 Total Sales

    Loretta Spinrad
    Section Image
  • Brooks Warner

    Buyer's Agent in 2015

    Brooks Warner

    Keller Williams Realty Lansing

    (517) 853-1200

    176 Total Sales

    Brooks Warner
    Section Image
See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 72935

Greater Lansing Association of Realtors®

APN: 01-01-09-278-321

Michigan Ingham County Lansing 48906 Old Town

416 Pearl St Unit 1, Lansing, MI

This home is located at 416 Pearl St Unit 1, Lansing, MI 48906 since 17 July 2015 and is currently estimated at $153,570, approximately $93 per square foot. This property was built in 1885. 416 Pearl St Unit 1 is a home located in Ingham County with nearby schools including Willow School, Pattengill Academy, and Eastern Lansing 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.

Greater Lansing Association of Realtors® IDX information is provided exclusively for Consumers'
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.
Copyright © 2025 Greater Lansing Association of REALTORS®

Nearby Homes