NOT LISTED FOR SALE

426 Franklynn Dr Lansing, MI 48917

Estimated Value: $237,000 - $270,448

3 Beds
2 Baths
1,488 Sq Ft
$174/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $155,000 $104 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,676/month

10 Days on Market

Highlights

  • Ranch Style House
  • Leon W. Hayes Middle School Rated A-
  • Heating Available

About This Home

As of December 2017

EXCELLENT DUPLEX IN THE GRAND LEDGE SCHOOL DISTRICT. VERY DECEIVING! TWO FULL LEVELS OF LIVING SPACE. 2 BEDROOMS, 1 FULL BATH UP. NEWER KITCHEN ON ONE SIDE AND UPDATED KITCHEN ON THE OTHER. NEWER APPLIANCES, FRESH PAINT, AND NEW CARPET. FINISHED LOWER LEVEL WITH A FAMILY ROOM, BEDROOM, STUDY, AND FULL BATH. LOCATED ON A QUIET STREET WITH NATURE VIEWS.CLOSE TO SHOPPING AND HIGHWAY ACCESS. ONLY 426 SIDE AVAILABLE FOR SHOW AT THIS TIME!

Last Agent to Sell the Property

Lynne VanDeventer

Coldwell Banker Professionals -Okemos License #6501128440 Listed on: 11/06/2017

Coldwell Banker Professionals -Okemos

Last Buyer's Agent

Charlyn Cosgrove

RE/MAX Real Estate Professionals Dewitt License #6501164727

RE/MAX Real Estate Professionals Dewitt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,775

Year Built

  • Built in 1975

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 90x185

Parking

  • 6 Parking Spaces

Home Design

  • Ranch Style House
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,488 Sq Ft Home
  • Basement Window Egress

Utilities

  • Heating Available

Listing and Financial Details

  • Total Actual Rent $21,300

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $700
  • Maintenance Expense $600
  • Other Expense $200
  • Net Operating Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,775

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Gross Rent: 21300.0
  • Miscellaneous: 200.0
  • Net Income: 19800.0
  • Tax Year: 2017
  • Levels: One
  • Year Built: 1975
  • Lot Size Acres: 0.38
  • Lot Size: 90x185
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1488.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 90x185
  • General Property Info:Above Grade Finished Area: 1488.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Architectural Style:Ranch: Yes
  • Tax Info:Taxes2: 2775.0
  • Tax Info:Zoning3: Multi-Family
  • General Property Info:Building 1 Description: .
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Insurance4: 700.0
  • Annual Inc Expense:Maintenance3: 600.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Egress Windows
  • Heating: Electric
  • Property Type: Resid/Multi-Family
  • Basement:Daylight: Yes
  • Basement:Egress Windows: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Aluminum Siding

Garage/Parking

  • Total Parking Spaces: 6.0
  • Parking Features: Asphalt
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • General Property Info:Parking Total: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Electric: Yes

Schools

  • Junior High Dist: Grand Ledge

Lot Info

  • Lot Size Sq Ft: 16639.92
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 700.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 19800.0

Tax Info

  • Tax Carrier Route: 2403

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2017
Closed on
Dec 21, 2017
Sold by
Yaeger Raymond C and Yaeger Shirley A
Bought by
Jury Myles M and Johnson Giana Natasha Clarissa
Seller's Agent
Lynne VanDeventer
Coldwell Banker Professionals -Okemos
Buyer's Agent
Charlyn Cosgrove
RE/MAX Real Estate Professionals Dewitt
List Price
$164,900
Sold Price
$155,000
Premium/Discount to List
-$9,900
-6%
Current Estimated Value
$258,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,862
Avg. Annual Appreciation
6.82%
Original Mortgage
$116,250
Outstanding Balance
$82,374
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$176,488
Source: Public Records

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
Jury Myles M $155,000 Tri County Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jury Myles M $116,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2017 12/22/17 Sold $155,000 -6.0% $104 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
11/05/2017 11/05/17 For Sale $164,900 -- $111 / 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 $3,630 $97,100 $0 $0
2024 $2,442 $85,600 $0 $0
2023 $2,298 $80,000 $0 $0
2022 $3,130 $72,200 $0 $0
2021 $3,003 $64,500 $0 $0
2020 $2,963 $61,900 $0 $0
2019 $3,079 $125,937 $0 $0
2018 $2,772 $52,100 $0 $0
2017 $2,777 $52,100 $0 $0
2016 -- $50,400 $0 $0
2015 -- $50,400 $0 $0
2014 -- $48,400 $0 $0
2013 -- $49,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynne VanDeventer

    Seller's Agent in 2017

    Lynne VanDeventer

    Coldwell Banker Professionals -Okemos

    (517) 492-3274

    46 in this area

    783 Total Sales

    Lynne VanDeventer
    Section Image
  • Charlyn Cosgrove

    Buyer's Agent in 2017

    Charlyn Cosgrove

    RE/MAX Michigan

    (517) 599-8031

    10 in this area

    63 Total Sales

    Charlyn Cosgrove
    Section Image
See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 221488

Greater Lansing Association of Realtors®

APN: 040-048-700-420-00

Michigan Eaton County Lansing 48917

426 Franklynn Dr, Lansing, MI

This home is located at 426 Franklynn Dr, Lansing, MI 48917 since 06 November 2017 and is currently estimated at $258,862, approximately $173 per square foot. This property was built in 1975. 426 Franklynn Dr is a home located in Eaton County with nearby schools including Delta Center Elementary School, Leon W. Hayes Middle School, and Grand Ledge 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