NOT LISTED FOR SALE

416 Pearl St Unit 1 Lansing, MI 48906

Old Town Neighborhood

Estimated Value: $144,000 - $170,687

4 Beds
2 Baths
1,648 Sq Ft
$95/Sq Ft Est. Value

Sale Details

Date Sold: October 9, 2015

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

Est. 174% increase in value since last sale

Current estimated payment $1,017 / mo

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 $155,922, approximately $94 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 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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

8,712 Sq Ft Lot

Listing Details

  • Property Type: Resid/Multi-Family
  • Year Built: 1885
  • Above Grade Finished Sq Ft: 1648.0
  • General Property Info:Lot Size Dimensions: 66x132
  • General Property Info:Above Grade Finished Area: 1648.0
  • General Property Info:ECO Friendly Features: No
  • 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
  • Levels: Two
  • Basement:Michigan: Yes
  • Levels:Two2: Yes

Exterior Features

  • Construction Type: Vinyl Siding, Wood Siding
  • Exterior:Vinyl Siding: Yes
  • Exterior:Wood Siding: Yes

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
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Security Features:Smoke Detector(s): Yes

Lot Info

  • Lot Size: 66x132
  • Land Acreage:Up to 14 Acre: Yes

Tax Info

  • Tax Info:Taxable Value: 25800.0
  • Tax Info:State Eq Value: 25800.0

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

Closed on
Sep 14, 2023
Sold by
Sibbald Chad T
Bought by
Current Estimated Value
$155,922

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
9.65%
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Old Town, MI

  • Thomas Barrett Real Estate Agent - Keller Williams Realty Lansing

    Thomas Barrett

    Keller Williams Realty Lansing

    (517) 777-0896

    155 Total Sales

    4 in Old Town

    $40K - $65K Price Range

    Thomas Barrett
     Section Image
  • Lisa Fletcher Real Estate Agent - Berkshire Hathaway HomeServices

    Lisa Fletcher

    Berkshire Hathaway HomeServices

    (517) 816-8074

    239 Total Sales

    1 in Old Town

    $144,500 Price

    Lisa Fletcher
     Section Image
  • Nicole Dungey Real Estate Agent - RE/MAX Real Estate Professionals

    Nicole Dungey

    RE/MAX Real Estate Professionals

    (517) 569-1641

    114 Total Sales

    1 in Old Town

    $87,500 Price

    Nicole Dungey
     Section Image
  • Jonathan Lum Real Estate Agent - EXIT Realty Home Partners

    Jonathan Lum

    EXIT Realty Home Partners

    (517) 903-3018

    221 Total Sales

    4 in Old Town

    $87K - $125K Price Range

    Jonathan Lum
     Section Image
  • Renee Dwyer Real Estate Agent - Keller Williams Realty Lansing

    Renee Dwyer

    Keller Williams Realty Lansing

    (517) 903-3108

    158 Total Sales

    1 in Old Town

    $128,000 Price

    Renee Dwyer
     Section Image
  • John Hagerty, Jr. Real Estate Agent - Five Star Real Estate - Lansing

    John Hagerty, Jr.

    Five Star Real Estate - Lansing

    (517) 235-3528

    264 Total Sales

    1 in Old Town

    $249,000 Price

    John Hagerty, Jr.
     Section Image
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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
$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

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 $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

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
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

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
2026 $4,770 $73,800 $8,000 $65,800
2025 $3,935 $70,400 $8,000 $62,400
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 Real Estate Agent - BridgeStreet Real Estate, LLC

    Seller's Agent in 2015

    Loretta Spinrad

    BridgeStreet Real Estate, LLC

    (517) 331-1201

    45 Total Sales

    Loretta Spinrad
    Section Image
  • Brooks Warner Real Estate Agent - Keller Williams Realty Lansing

    Buyer's Agent in 2015

    Brooks Warner

    Keller Williams Realty Lansing

    (517) 331-2017

    170 Total Sales

    Brooks Warner
    Section Image
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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

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 © 2026 Greater Lansing Association of REALTORS®

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