NOT LISTED FOR SALE

4656 Marsh Rd Okemos, MI 48864

Estimated Value: $248,000 - $303,748

4 Beds
1 Bath
1,920 Sq Ft
$142/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $163,000 $85 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,038/month

18 Days on Market

Highlights

  • Ranch Style House
  • 4 Car Attached Garage
  • High Speed Internet
  • Cornell Elementary School Rated A
  • Forced Air Heating System

About This Home

As of October 2019

Great opportunity for income property in Okemos! Fabulous potential in the duplex. Both sides have long term tenants! 4656 features beautiful hardwood floors, both units have great floor-plans and full basements. Amazing location just off Hamilton and south of Grand River easy access to Meijer, the mall, restaurants, and more! Current rents could be considered below market value, both tenants are month to month.

Last Agent to Sell the Property

Christopher Silker

Keller Williams Realty Lansing License #6506046369 Listed on: 07/11/2019

Keller Williams Realty Lansing

Last Buyer's Agent

Patrick Ferris

RE/MAX Real Estate Professionals License #6501415866

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 154x137

Parking

  • 4 Car Attached Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Hardboard

Interior Spaces

  • 1,920 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Tax Year: 2017
  • Registered Licenses for Unrelated Occupants: 2
  • Levels: One
  • Year Built: 1977
  • Lot Size Acres: 0.32
  • Lot Size: 154x137
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1920.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 154x137
  • General Property Info:Above Grade Finished Area: 1920.0
  • Sewer:Public Sewer: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Hardboard: Yes
  • Tax Info:Taxes2: 4951.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 4656
  • General Property Info:_pound_ of Units: 2
  • 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
  • Construction Type: Hardboard

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: Asphalt, Attached
  • Attached Garage: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Utilities: High Speed Internet Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Okemos

Lot Info

  • Lot Size Sq Ft: 13939.2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Carrier Route: 2143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Oct 23, 2019
Sold by
Shivalingalat Mahesha
Bought by
Street Smart Realty Llc
Seller's Agent
Christopher Silker
Keller Williams Realty Lansing
Buyer's Agent
Patrick Ferris
RE/MAX Real Estate Professionals
List Price
$175,000
Sold Price
$163,000
Premium/Discount to List
-$12,000
-6.86%
Current Estimated Value
$271,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,937
Avg. Annual Appreciation
9.09%
Original Mortgage
$125,400
Outstanding Balance
$97,370
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$174,567

Purchase Details

Listed on
Jul 11, 2019
Closed on
Oct 4, 2019
Sold by
Plsoni Paul
Bought by
Shlvalingalah Mahesha
Seller's Agent
Christopher Silker
Keller Williams Realty Lansing
Buyer's Agent
Patrick Ferris
RE/MAX Real Estate Professionals
List Price
$175,000
Sold Price
$163,000
Premium/Discount to List
-$12,000
-6.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,400
Outstanding Balance
$97,370
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$174,567

Purchase Details

Closed on
Aug 19, 2008
Sold by
Pisoni Deanne
Bought by
Pisoni Paul

Purchase Details

Closed on
Jun 22, 2006
Sold by
St King Judith
Bought by
Pisoni Paul W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 1998
Sold by
Panayotou Dr John
Bought by
Marshall James
Source: Public Records

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
Street Smart Realty Llc -- None Available
Shlvalingalah Mahesha $163,000 Transnation Title Agency
Pisoni Paul -- None Available
Pisoni Paul W $167,500 Talon Group
Marshall James $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shlvalingalah Mahesha $125,400
Previous Owner Pisoni Paul $117,000
Previous Owner Pisoni Paul W $125,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2019 10/04/19 Sold $163,000 -6.9% $85 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $175,000 -- $91 / 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 $6,666 $106,500 $16,100 $90,400
2024 $6,281 $101,500 $15,700 $85,800
2023 $6,281 $94,500 $15,500 $79,000
2022 $5,982 $89,500 $14,400 $75,100
2021 $5,849 $84,500 $15,600 $68,900
2020 $5,764 $81,500 $0 $0
2019 $5,391 $84,700 $15,100 $69,600
2018 $5,151 $78,000 $12,700 $65,300
2017 $4,951 $78,000 $13,500 $64,500
2016 $2,269 $76,100 $13,600 $62,500
2015 $2,269 $73,600 $30,324 $43,276
2014 $2,269 $74,000 $29,787 $44,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 238624

Greater Lansing Association of Realtors®

APN: 02-02-21-428-001