NOT LISTED FOR SALE

Estimated Value: $134,983 - $161,000

5 Beds
3 Baths
2,560 Sq Ft
$58/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $65,000 $25 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $838/month

77 Days on Market

Highlights

  • Ranch Style House
  • Front Porch
  • Forced Air Heating System
  • Wood Flooring
  • Laundry Room
  • Back and Front Yard

About This Home

As of March 2021

Income property with current tenants. Rooms are rented separately and shared common space of bathroom, living room, kitchen and Laundry. Two homes attached by breezeway. New roof put on in fall of 2020. Unit 1 is rented separately and has its own kitchen, bath, LR and BR.
Home when full collects $1850 per month. Very spacious home. Tenants right with purchase. If wanting as a single family home, tenants may agree to end lease early.

Last Agent to Sell the Property

Amie Brown

Coldwell Banker Professionals-E.L. License #6506046887 Listed on: 01/20/2021

Coldwell Banker Professionals-E.L.

Last Buyer's Agent

Amie Brown

Coldwell Banker Professionals-E.L. License #6506046887 Listed on: 01/20/2021

Coldwell Banker Professionals-E.L.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 76x305
  • Back and Front Yard

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,560 Sq Ft Home
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Dirt Driveway

Outdoor Features

  • Front Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $1,850

Community Details

Overview

  • 2 Units
  • Eco Farms Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Maintenance Expense $300
  • New Taxes Expense $2,266
  • Net Operating Income $11,940

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Gross Rent: 1850.0
  • Net Income: 11940.0
  • Misc Business Info Roof Type: shingle
  • Tax Year: 2020
  • Year Built: 1940
  • Lot Size Acres: 0.53
  • Lot Size: 76x305
  • Subdivision Name: Eco Farms
  • Above Grade Finished Sq Ft: 2560.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 76x305
  • General Property Info:Above Grade Finished Area: 2560.0
  • Flooring:Carpet: Yes
  • Foundation Details:Slab: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Parking Features:Dirt3: Yes
  • Laundry Features:Laundry Room: Yes
  • Flooring:Vinyl2: Yes
  • Flooring:Hardwood: Yes
  • Cooling:None8: Yes
  • Laundry Features:Common Area: Yes
  • Tax Info:Taxes2: 2266.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: RANCH
  • General Property Info:_pound_ of Units: 2
  • Water Heater:Electric Water Heater2: Yes
  • Annual Inc Expense:Tax Expense2: 2266.0
  • Annual Inc Expense:Maintenance3: 300.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Heating: Forced Air, Natural Gas
  • Flooring: Carpet, Hardwood, Vinyl
  • Property Type: Resid/Multi-Family
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Foundation Details: Slab
  • Lot Features: Back Yard, Front Yard
  • RoadSurfaceType: Asphalt
  • Patio And Porch Features: Front Porch
  • Construction Type: Vinyl Siding
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Patio Porch Features:Front Porch: Yes

Garage/Parking

  • Parking Features: Dirt
  • Attached Garage: No
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: Common Area, Laundry Room
  • 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: 23173.92
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 2928

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Mar 1, 2021
Sold by
Pech Vazquez Evelyn and Pech Vazquez Ennque
Bought by
Junyi Justin
Seller's Agent
Amie Brown
Coldwell Banker Professionals-E.L.
Buyer's Agent
Amie Brown
Coldwell Banker Professionals-E.L.
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%
Total Days on Market
77
Current Estimated Value
$148,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,746
Avg. Annual Appreciation
21.81%

Purchase Details

Closed on
Mar 3, 2014
Sold by
Hickok Marlene Anne and Meye Marlene A
Bought by
Pech Vazquez Evelyn Meye and Vazquez Enrique Pech

Purchase Details

Closed on
Jun 15, 2005
Sold by
Keller Craig and Keller Amy Rachelle
Bought by
Meye Marlene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 5, 2004
Sold by
Thomas Genus
Bought by
Keller Craig

Purchase Details

Closed on
Dec 19, 2003
Sold by
Kortman Elizabeth Jane and Thomas Elizabeth
Bought by
Thomas Genus

Purchase Details

Closed on
Nov 30, 1998
Sold by
Roberts Jc and Roberts Inez K
Bought by
Thomas Elizabeth and Thomas Genus

Purchase Details

Closed on
Jul 1, 1995
Source: Public Records

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Range of Values:

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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
Junyi Justin $65,000 Tri County Title Agency Llc0
Pech Vazquez Evelyn Meye -- None Available
Meye Marlene A $39,000 Tnt
Keller Craig $17,000 Midstate Title Company
Thomas Genus $21,000 Midstate Title Company
Thomas Genus -- Midstate Title Company
Thomas Elizabeth $21,000 --
-- $13,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meye Marlene A $35,850
Previous Owner Meye Marlene A $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $65,000 -13.3% $25 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
11/17/2020 11/17/20 For Sale $75,000 -- $29 / 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 $37 $65,900 $15,100 $50,800
2023 $4,192 $56,100 $15,100 $41,000
2022 $5,823 $48,600 $10,500 $38,100
2021 $2,765 $45,000 $7,800 $37,200
2020 $2,821 $42,600 $7,800 $34,800
2019 $2,653 $40,400 $7,800 $32,600
2018 $2,515 $35,000 $7,800 $27,200
2017 $2,421 $35,000 $7,800 $27,200
2016 $1,801 $33,000 $7,800 $25,200
2015 $1,801 $31,500 $15,571 $15,929
2014 $1,801 $31,700 $20,150 $11,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 252620

Greater Lansing Association of Realtors®

APN: 01-01-31-476-031