NOT LISTED FOR SALE

Estimated Value: $179,099 - $217,000

2 Beds
1 Bath
1,726 Sq Ft
$117/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $160,000 $93 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,502/month

20 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • Level Lot
  • 4 Car Attached Garage
  • High Speed Internet
  • Wood Siding

About This Home

As of July 2022

Excellent income property! This exceptional duplex has had long-term tenants with an excellent rental history. Each unit is 2 bedrooms/1 bath and share a 2-car garage. With a .5 acre this property affords the occupants a park-like setting to enjoy. Taxes are non-homestead. Please give 24-48 hours for all showings.

Last Listed By

Theresa MacNicol

Coldwell Banker Realty-Holt License #6501375800 Listed on: 05/31/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,764

Year Built

  • Built in 1978

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 90 x259
  • Level Lot

Parking

  • 4 Car Attached Garage

Home Design

  • 1,726 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Wood Siding

Flooring

  • Carpet
  • Vinyl

Basement

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

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 2 Units
  • Lantern Subdivision

Building Details

  • New Taxes Expense $3,764

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,764

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Tax Year: 2021
  • Levels: One
  • Year Built: 1978
  • Lot Size Acres: 0.54
  • Lot Size: 90 x259
  • Subdivision Name: Lantern
  • Above Grade Finished Sq Ft: 1726.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 90 x259
  • General Property Info:Above Grade Finished Area: 1726.0
  • General Property Info:Spa2: No
  • General Property Info:Waterfront: No
  • Laundry Features:In Basement: Yes
  • Flooring:Carpet: Yes
  • Foundation Details:Block4: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Wood Siding: Yes
  • Flooring:Vinyl2: Yes
  • General Property Info:Pool Private2: No
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 3764.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Tax Expense2: 3764.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Full
  • Heating: None, Forced Air
  • Flooring: Carpet, Vinyl
  • Property Type: Resid/Multi-Family
  • Private Spa: No
  • Full Basement: Yes
  • Basement:Daylight: Yes
  • Community Features:None24: Yes

Exterior Features

  • Roof: Shingle
  • Foundation Details: Block
  • Lot Features: City Lot, Level
  • PoolFeatures: None
  • RoadFrontageType: None
  • RoadSurfaceType: Concrete
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Wood Siding
  • Lot Features:City Lot: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: Attached, Garage
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage2: Yes
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: In Basement
  • Utilities: High Speed Internet Available, Cable Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • Heating:Forced Air: Yes
  • Heating:None2: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association Amenities: None

Association/Amenities

  • Association Amenities:None12: Yes

Schools

  • Junior High Dist: Waverly

Lot Info

  • Lot Size Sq Ft: 23522.4
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 3764.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Jul 21, 2022
Sold by
Dw Rentals Llc
Bought by
Bodiford Maria and Bodiford Lonnie
Seller's Agent
Theresa MacNicol
Coldwell Banker Realty-Holt
Buyer's Agent
Patrick Ferris
RE/MAX Real Estate Professionals
List Price
$180,000
Sold Price
$160,000
Premium/Discount to List
-$20,000
-11.11%
Total Days on Market
20
Current Estimated Value
$201,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,525
Avg. Annual Appreciation
6.68%
Original Mortgage
$128,000
Outstanding Balance
$112,644
Interest Rate
4.92%
Mortgage Type
Balloon
Estimated Equity
$79,121

Purchase Details

Listed on
Sep 15, 2017
Closed on
Oct 25, 2017
Sold by
Dyer Terry L
Bought by
Dw Rentals Llc
Seller's Agent
David Alter
Coldwell Banker Realty-Dewitt
Buyer's Agent
Melanie McNamara
Oasis Realty
List Price
$140,000
Sold Price
$131,800
Premium/Discount to List
-$8,200
-5.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%

Purchase Details

Closed on
Aug 25, 2005
Sold by
Winsett Melba
Bought by
Dyer Terry L

Range of Values:

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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
Bodiford Maria $160,000 None Listed On Document
Dw Rentals Llc $131,800 Tri County Title Agency Llc
Dyer Terry L $140,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bodiford Maria $128,000
Previous Owner Dyer Terry L $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2022 07/21/22 Sold $160,000 -11.1% $93 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $180,000 +12.5% $104 / Sq Ft
05/20/2022 05/20/22 Off Market $160,000 -- --
05/19/2022 05/19/22 For Sale $180,000 +36.6% $104 / Sq Ft
10/25/2017 10/25/17 Sold $131,800 -5.9% $76 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $140,000 -- $81 / 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 $5,183 $88,300 $0 $0
2023 $2,829 $82,600 $0 $0
2022 $3,925 $74,800 $0 $0
2021 $3,764 $69,700 $0 $0
2020 $3,711 $66,800 $0 $0
2019 $3,682 $134,280 $0 $0
2018 $3,563 $58,600 $0 $0
2017 $3,401 $58,600 $0 $0
2016 -- $56,700 $0 $0
2015 -- $56,700 $0 $0
2014 -- $54,400 $0 $0
2013 -- $55,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 265119

Greater Lansing Association of Realtors®

APN: 040-061-501-210-00