$240,000
SOLD SEP 26, 2025

420 West St Grand Ledge, MI 48837

-- Bed
-- Bath
-- Sq Ft
7,971 Sq Ft Lot

Recently Sold

4 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot: Yes
  • Laundry Room
  • Leon W. Hayes Middle School Rated A-
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

About This Home

As of September 2025

Buyers, do you want help making your mortgage payment? Or, looking for a home for 2 generation living? How about this duplex?! Live in one & rent the other or families can live together but still have their own space. There's nothing like having a tenant or family member help YOU build equity! Taxes will be lower too since you can claim 50% PRE if you live in one & rent the other (currently at 0% PRE). Your taxes could be lower with a tenant (currently $677 less), AND, if 2 generations bought it together (both on the Deed) you could be at 100% PRE & save double (verify with your loan officer) Why rent when you can buy & then keep as an investment when you want to move on. For investors, this has had consistent tenants and hasn't been hard to rent. We kept 1 unit vacant on purpose. Each unit is 2 beds, 1 bath & fireplace. All appliances are included. The property has one gas meter (Consumers Energy). The gas is paid by the landlord and included in the tenant's lease. Each unit has its own electric meter (Consumers Energy). Paid by tenant. The units have electric baseboard heat. The property has one water/sewer meter (City of Grand Ledge). The gas is paid by the landlord. The tenants are billed a flat fee of $80/month to offset the water/sewer expenses. Tenants are responsible for their own trash/recycling. The property does have one water softener (rented through Culligan - $27/month). Salt delivery set up on auto delivery. Management company is great and would Seller would recommend them.

Last Agent to Sell the Property

Catherine Gasper

Evenboer Walton, REALTORS License #6506041891 Listed on: 08/13/2025

Co-Listed By

Cherish Paska

Evenboer Walton, REALTORS License #6501414812

Last Buyer's Agent

Michael Korrey

RE/MAX Real Estate Professionals License #6501440056

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,848

Year Built

  • Built in 1975

Lot Details

  • 7,971 Sq Ft Lot
  • Lot Dimensions are 80.5 x 99
  • Corner Lot: Yes

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Laundry Room

Basement

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

Location

  • Mineral Rights

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, trash
  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,848

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1975
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 115.38
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 80.5 x 99
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Substructure:Full: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Lot Description:Corner Lot: Yes
  • Substructure:Daylight: Yes
  • Heat Type:Baseboard: Yes
  • Mineral Rights:Available: Yes
  • Laundry Features Laundry Room: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Remarks Misc: Public Remarks: Buyers, do you want help making your mortgage payment? Or, looking for a home for 2 generation living? How about this duplex?! Live in one & rent the other or families can live together but still have their own space. There's nothing like having a tenant or family member help YOU build equity! Taxes will be lower too since you can claim 50% PRE if you live in one & rent the other (currently at 0% PRE). Your taxes could be lower with a tenant (currently $677 less), AND, if 2 generations bought it together (both on the Deed) you could be at 100% PRE & save double (verify with your loan officer) Why rent when you can buy & then keep as an investment when you want to move on. For investors, this has had consistent tenants and hasn't been hard to rent. We kept 1 unit vacant on purpose.
  • Remarks Misc: Agent Only Remarks: 420 is vacant and ready to show with little/no notice. Photos in listing are of 422. 422 is available to see (with 48 hrs notice) if buyer decides they have continued interest after viewing 420. We kept 420 open on purpose in case we have an owner occupant buyer.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Daylight, Full
  • Basement: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 240000.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Baseboard
  • Heating: Yes
  • Laundry Features: In Unit, Laundry Room
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Dimensions: 80.5 x 99
  • Lot Size Sq Ft: 7971.0

Rental Info

  • Owner Pays: Water, Sewer, Gas
  • Tenant Pays: Electric, Trash

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4848.45
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2025
Closed on
Sep 26, 2025
Sold by
Boucher Branden
Bought by
Lung Samuel R and Wallace River
Seller's Agent
Catherine Gasper
Evenboer Walton, REALTORS
Buyer's Agent
Michael Korrey
RE/MAX Real Estate Professionals
List Price
$240,000
Sold Price
$240,000
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.96%
Original Mortgage
$235,653
Outstanding Balance
$235,653
Interest Rate
6.56%
Mortgage Type
FHA
Estimated Equity
$19,707

Purchase Details

Listed on
Nov 3, 2021
Closed on
Dec 23, 2021
Sold by
Righter and Kimberly
Bought by
Boucher Branden
Seller's Agent
Rachel Reich
RE/MAX Real Estate Professionals Dewitt
Buyer's Agent
Non Member
Non Member Office
List Price
$185,000
Sold Price
$178,500
Premium/Discount to List
-$6,500
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$133,875
Interest Rate
3.11%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $240,000 Devon Title Agency
Warranty Deed $178,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $235,653 FHA
Previous Owner $133,875 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2025 09/26/25 Sold $240,000 0.0% --
08/17/2025 08/17/25 Pending -- -- --
08/13/2025 08/13/25 For Sale $240,000 +34.5% --
12/23/2021 12/23/21 Sold $178,500 -3.5% $172 / Sq Ft View Prior Sale
11/03/2021 11/03/21 For Sale $185,000 0.0% $178 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $185,000 -- $178 / Sq Ft
Source: MichRIC

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 $4,848 $82,800 $0 $0
2024 $3,669 $73,000 $0 $0
2023 $3,636 $73,000 $0 $0
2022 $4,827 $73,700 $0 $0
2021 $4,298 $72,300 $0 $0
2020 $4,242 $68,900 $0 $0
2019 $4,044 $135,182 $0 $0
2018 $3,861 $63,200 $0 $0
2017 $3,782 $63,200 $0 $0
2016 $3,058 $62,400 $0 $0
2015 -- $60,500 $0 $0
2014 -- $60,500 $0 $0
2013 -- $60,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 25040930

MichRIC

APN: 400-078-003-580-00