NOT LISTED FOR SALE

423 Carrier St Lansing, MI 48906

Creston Neighborhood

Estimated Value: $127,215 - $173,000

4 Beds
1 Bath
1,588 Sq Ft
$96/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $95,900 $60 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $851/month

11 Days on Market

About This Home

As of May 2021

Great cash flowing duplex. Licensed rental in North Lansing. Spacious lot. Both units are occupied. 48- hour notice to show please.

Last Listed By

Robert Glennon

Keller Williams Realty Lansing License #6506046753 Listed on: 04/21/2021

Keller Williams Realty Lansing

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 90x189.2

Home Design

  • Duplex
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,588 Sq Ft Home
  • 2-Story Property
  • Interior Basement Entry

Parking

  • 4 Parking Spaces
  • No Garage
  • Private Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $16,200

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $600
  • Maintenance Expense $500
  • Water Sewer Expense $1,130
  • New Taxes Expense $3,132
  • Net Operating Income $10,838

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Gross Rent: 16200.0
  • Net Income: 10838.0
  • Water Sewer Expenses: 1129.93
  • Tax Year: 2020
  • Levels: Two
  • Year Built: 1972
  • Lot Size Acres: 0.39
  • Lot Size: 90x189.2
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1588.0
  • General Property Info:Lot Size Dimensions: 90x189.2
  • General Property Info:Above Grade Finished Area: 1588.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Electric:_one_00 Amp Service: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 3131.46
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Insurance4: 600.0
  • Annual Inc Expense:Tax Expense2: 3132.0
  • Annual Inc Expense:Maintenance3: 500.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: No Garage, Private
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • Parking Features:Private6: Yes
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 100 Amp Service
  • LaundryFeatures: None
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 16988.4
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 27, 2021
Sold by
Torres Gilbert
Bought by
Nj Sanford Properties Llc
Seller's Agent
Robert Glennon
Keller Williams Realty Lansing
Buyer's Agent
Mykayla Fenska
Weichert, Realtors - Home Towne
List Price
$90,000
Sold Price
$95,900
Premium/Discount to List
$5,900
6.56%
Total Days on Market
11
Current Estimated Value
$152,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,404
Avg. Annual Appreciation
11.12%

Purchase Details

Closed on
Aug 13, 2019
Sold by
Quest Trust Company
Bought by
Torres Gilbert R and Torres Gilberteo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 31, 2015
Closed on
Mar 22, 2016
Sold by
Torres Gilbert
Bought by
Great Lakes Ira Llc
Seller's Agent
Jill Powell
1st Choice Real Estate
Buyer's Agent
Jill Powell
1st Choice Real Estate
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.56%

Purchase Details

Closed on
Dec 1, 2009
Sold by
Macatawa Bank
Bought by
Entrust Great Lakes Llc

Purchase Details

Closed on
Nov 11, 2009
Sold by
Michael Paglierani Rollover Ira
Bought by
Macatawa Bank and Michael Paglierani Rollover Ira

Purchase Details

Closed on
Jun 18, 2009
Sold by
Jackson Carmede
Bought by
The Michael Paglierani Rollover Ira

Purchase Details

Closed on
Aug 6, 2007
Sold by
Us Bank Na
Bought by
Jackson Carmede

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 7, 2006
Sold by
Jorgenson Rickey and Jorgenson Renee
Bought by
U S Bank Na and Structured Asset Securities Corp Mortgag

Purchase Details

Closed on
May 19, 2006
Sold by
Jones Kris and Jones Rachel
Bought by
Jorgensen Rickey and Jorgensen Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
8.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 11, 2005
Sold by
A 2 Limited Llc
Bought by
Jones Kris and Jones Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
9.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2001
Sold by
Ausel Harty H and Ausel Lucy
Bought by
A 2 Ltd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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

Date Buyer Sale Price Title Company
Nj Sanford Properties Llc $95,900 None Available
Torres Gilbert R $45,000 Quest Trust Company
Great Lakes Ira Llc -- None Available
Great Lakes Ira Llc -- None Available
Entrust Great Lakes Llc -- None Available
Macatawa Bank -- None Available
The Michael Paglierani Rollover Ira $67,944 None Available
Jackson Carmede $45,000 Rels Title
U S Bank Na $108,472 None Available
Jorgensen Rickey $115,000 Devon Title
Jones Kris $110,000 Devon Title
A 2 Ltd Llc -- --
Ausel Harty H $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Gilbert R $42,000
Previous Owner Jackson Carmede $45,000
Previous Owner Jackson Carmede $56,100
Previous Owner Jorgensen Rickey $103,500
Previous Owner Jones Kris $93,500
Previous Owner Ausel Harty H $58,500
Closed Great Lakes Ira Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $95,900 +6.6% $60 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $90,000 +100.0% $57 / Sq Ft
02/17/2016 02/17/16 Sold $45,000 -9.8% $31 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
12/31/2015 12/31/15 For Sale $49,900 -- $35 / 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 $30 $43,500 $7,500 $36,000
2023 $3,527 $41,900 $7,500 $34,400
2022 $3,226 $39,200 $8,400 $30,800
2021 $3,355 $39,600 $8,500 $31,100
2020 $3,131 $38,500 $8,500 $30,000
2019 $3,021 $38,800 $8,500 $30,300
2018 $2,869 $36,600 $8,500 $28,100
2017 $2,864 $36,600 $8,500 $28,100
2016 $2,750 $36,000 $8,500 $27,500
2015 $2,750 $36,100 $16,981 $19,119
2014 $2,750 $35,600 $18,194 $17,406
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Glennon

    Keller Williams Realty Lansing

    (517) 485-3523

    1 in this area

    41 Total Sales

    Robert Glennon
    Section Image
  • Mykayla Fenska

    Buyer's Agent in 2021

    Mykayla Fenska

    Weichert, Realtors - Home Towne

    (517) 574-2922

    2 in this area

    117 Total Sales

    Mykayla Fenska
    Section Image

  • J

    Seller's Agent in 2016

    Jill Powell

    1st Choice Real Estate

    Section Image
See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 254695

Greater Lansing Association of Realtors®

APN: 01-01-04-152-254

Michigan Ingham County Lansing 48906 Creston

423 Carrier St, Lansing, MI

Homes for Sale in Lansing, MI

This home is located at 423 Carrier St, Lansing, MI 48906 since 21 April 2021 and is currently estimated at $152,304, approximately $95 per square foot. This property was built in 1972. 423 Carrier St is a home located in Ingham County with nearby schools including Gier Park School, Pattengill Academy, and Eastern Lansing High School.

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