NOT LISTED FOR SALE

4476 Norwood St Holt, MI 48842

Estimated Value: $192,385 - $215,000

4 Beds
1 Bath
1,520 Sq Ft
$133/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $112,000 $74 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,548/month

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Fenced
  • Covered Patio or Porch
  • Forced Air Heating System

About This Home

As of June 2018

Nice opportunity in Holt Schools for Owner Occupant or Investor. This was previously an owner occupant set up with a home based business set up in the east side of the garage. Both units mirror one another and have full basements with laundry hook ups. Excellent location in Holt... Easy to rent! Some more recent updates include some newer flooring and fresh paint as well as... in 2012: Unit 4474 got a new AC unit... in 2013: Unit 4474 got a new water heater... in 2014: Duplex was re-wired... and in 2015: Complete tear off and new roof on the Duplex. Nice property, Large lot!

Last Agent to Sell the Property

Dale Tierney

Keller Williams Realty Lansing Listed on: 04/27/2018

Last Buyer's Agent

Patricia Zimmerle

Coldwell Banker Realty-Holt License #6501192492

Coldwell Banker Realty-Holt

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 86.5 x 180
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Ranch Style House
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $19,440

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,341
  • New Taxes Expense $3,392
  • Net Operating Income $14,707

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Gross Rent: 19440.0
  • Net Income: 14707.0
  • Tax Year: 2017
  • Registered Licenses for Unrelated Occupants: Yes
  • Unit Information License Register Exp: 2020-01-01
  • Levels: One
  • Year Built: 1972
  • Lot Size Acres: 0.36
  • Lot Size: 86.5 X 180
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1520.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 86.5 X 180
  • General Property Info:Above Grade Finished Area: 1520.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced: Yes
  • Tax Info:Taxes2: 3392.0
  • 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: 1341.0
  • Annual Inc Expense:Tax Expense2: 3392.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • Patio And Porch Features: Covered
  • Construction Type: Aluminum Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Detached
  • Attached Garage: No
  • Parking Features:Detached: Yes
  • General Property Info:Parking Total: 2+

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Holt/Dimondale

Lot Info

  • Lot Size Sq Ft: 15550.92
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2018
Closed on
Jun 22, 2018
Sold by
Farr Adam C
Bought by
Rapier Eric and Rapier Dana
Seller's Agent
Dale Tierney
Keller Williams Realty Lansing
Buyer's Agent
Patricia Zimmerle
Coldwell Banker Realty-Holt
List Price
$114,900
Sold Price
$112,000
Premium/Discount to List
-$2,900
-2.52%
Current Estimated Value
$201,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,846
Avg. Annual Appreciation
7.79%
Original Mortgage
$95,200
Outstanding Balance
$83,533
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$109,881

Purchase Details

Closed on
Sep 16, 2010
Sold by
Conrad Rae and Conrad Mark
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 27, 2002
Sold by
Harold V & Cathy A Moore Llc
Bought by
Conrad Rae and Conrad Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 1999
Sold by
Moore Harold V and Moore Cathy A
Bought by
Harold V Moore & Cathy A Moore Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,200
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 1997
Source: Public Records

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
Rapier Eric $112,000 Transnation Title Agency
Federal National Mortgage Association $77,836 None Available
Conrad Rae $126,000 --
Harold V Moore & Cathy A Moore Llc -- Metropolitan Title Company
Moore Harold V $109,000 Metropolitan Title Company
-- $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rapier Eric $95,200
Previous Owner Conrad Rae $119,700
Previous Owner Moore Harold V $87,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $112,000 -2.5% $74 / Sq Ft
05/12/2018 05/12/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $114,900 -- $76 / 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 $5,737 $104,200 $25,000 $79,200
2024 $10 $89,600 $25,000 $64,600
2023 $5,931 $82,800 $20,500 $62,300
2022 $5,533 $74,000 $20,500 $53,500
2021 $5,373 $68,900 $15,700 $53,200
2020 $5,203 $67,000 $15,700 $51,300
2019 $3,666 $62,800 $14,200 $48,600
2018 $3,484 $63,200 $14,200 $49,000
2017 $3,392 $63,200 $14,200 $49,000
2016 $3,320 $49,200 $12,700 $36,500
2015 $3,166 $48,500 $25,358 $23,142
2014 $3,166 $46,400 $25,358 $21,042
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Dale Tierney

    Keller Williams Realty Lansing

  • P

    Buyer's Agent in 2018

    Patricia Zimmerle

    Coldwell Banker Hubbell BriarWood

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 225466

Greater Lansing Association of Realtors®

APN: 25-05-14-151-010

Michigan Ingham County Holt 48842

4476 Norwood St, Holt, MI

This home is located at 4476 Norwood St, Holt, MI 48842 since 27 April 2018 and is currently estimated at $201,846, approximately $132 per square foot. This property was built in 1972. 4476 Norwood St is a home located in Ingham County with nearby schools including Elliott Elementary School, Hope Middle School, and Holt Junior High School.

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