NOT LISTED FOR SALE

418 W Oak St Mason, MI 48854

Estimated Value: $266,869 - $310,000

4 Beds
2 Baths
1,628 Sq Ft
$176/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $220,000 $135 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,102/month

5 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Garage
  • Back Yard Fenced
  • Forced Air Heating and Cooling System
  • Satellite Dish

About This Home

As of February 2022

•A great duplex in heart of Mason, close to downtown, shopping, schools, and the highway. This charming home has a long term, month to month tenant on one side, the other side is vacant. Vacant side has plenty of room for entertaining with additional full kitchen in the basement, full bathroom and extra storage area. The fireplace in the living room from the slider to deck is beautiful from each unit. Nice fenced in backyard with workshop, 8x16 Trellis, with additional storage rooms on the back of each unit. Taxes are currently 50% Homestead. Each unit has a one car garage with separate entry.

Last Agent to Sell the Property

Kim Laforet

Coldwell Banker Professionals-Delta License #6506040295 Listed on: 01/28/2022

Last Buyer's Agent

Troy DeLong

Achieve Real Estate LLC License #6501433066

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,158

Year Built

  • Built in 1977

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 65.5 x 127.7
  • Back Yard Fenced

Home Design

  • 1,628 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Car Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Satellite Dish

Listing and Financial Details

  • Total Actual Rent $11,400

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $651
  • New Taxes Expense $5,158

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,158

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Gross Rent: 11400.0
  • Tax Year: 2021
  • Levels: One
  • Year Built: 1977
  • Lot Size Acres: 0.2
  • Lot Size: 65.5 x 127.7
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1628.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 65.5 x 127.7
  • General Property Info:Above Grade Finished Area: 1628.0
  • Laundry Features:In Basement: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Fencing:Back Yard: Yes
  • Cooling:Central Air: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Other Equipment:Satellite Dish: Yes
  • Tax Info:Taxes2: 5158.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: duplex
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Insurance4: 651.0
  • Annual Inc Expense:Tax Expense2: 5157.77
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Other Equipment: Satellite Dish
  • SpaFeatures: None
  • Full Basement: Yes

Exterior Features

  • Fencing: Back Yard
  • Lot Features: Back Yard
  • PoolFeatures: None
  • RoadFrontageType: City Street
  • Construction Type: Vinyl Siding
  • Lot Features:Back Yard2: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features: Driveway, Garage
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Garage2: Yes
  • General Property Info:Parking Total: 2

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Cooling: Central Air
  • LaundryFeatures: In Basement
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Amenities: None

Association/Amenities

  • Association Amenities:None12: Yes

Schools

  • Junior High Dist: Mason

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 651.0

Tax Info

  • New Taxes Expense: 5157.77
  • Tax Carrier Route: 1577

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Feb 28, 2022
Sold by
Charles V Ensign Trust
Bought by
Delong Tyler and Delong Troy
Seller's Agent
Kim Laforet
Coldwell Banker Professionals-Delta
Buyer's Agent
Troy DeLong
Achieve Real Estate LLC
List Price
$209,000
Sold Price
$220,000
Premium/Discount to List
$11,000
5.26%
Current Estimated Value
$286,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,717
Avg. Annual Appreciation
7.12%
Original Mortgage
$187,000
Outstanding Balance
$174,259
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$112,458

Purchase Details

Closed on
May 3, 1991
Bought by
Ensign Charles Trust

Purchase Details

Closed on
Oct 26, 1989
Sold by
Charles Ensign
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Delong Tyler $220,000 Diversified National Title
Ensign Charles Trust $75,000 --
-- $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delong Tyler $187,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $220,000 +5.3% $135 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $209,000 -- $128 / 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 $7,260 $124,720 $27,340 $97,380
2024 $57 $121,060 $25,740 $95,320
2023 $6,810 $103,820 $20,910 $82,910
2022 $5,353 $87,680 $21,960 $65,720
2021 $5,158 $94,510 $21,960 $72,550
2020 $4,905 $85,390 $21,960 $63,430
2019 $4,726 $86,960 $21,960 $65,000
2018 $4,638 $83,600 $20,270 $63,330
2017 $4,249 $83,600 $20,270 $63,330
2016 -- $75,080 $10,140 $64,940
2015 -- $71,260 $20,273 $50,987
2014 -- $71,010 $27,031 $43,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 262466

Greater Lansing Association of Realtors®

APN: 19-10-08-209-013