NOT LISTED FOR SALE

4725 S Pennsylvania Ave Lansing, MI 48910

Old Everett Neighborhood

Estimated Value: $151,810 - $211,000

-- Bed
1 Bath
1,562 Sq Ft
$122/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $145,000 $93 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,463/month

4 Days on Market

Highlights

  • Covered Patio or Porch
  • Cooling System Mounted To A Wall/Window
  • Heating Available

About This Home

As of March 2021

Wonderful opportunity for an owner occupant / investor. The upper unit is updated with new flooring throughout and is freshly painted, ready to go! Lower unit is occupied with great tenant. Split utlities, owner pays water.

Last Agent to Sell the Property

Christopher Silker

Keller Williams Realty Lansing License #6506046369 Listed on: 01/21/2021

Keller Williams Realty Lansing

Last Buyer's Agent

Ruben Sauceda

Great America Brokers LLC License #6501281774

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,995

Year Built

  • Built in 1980

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • 1,562 Sq Ft Home
  • Bi-Level Home
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $17,880

Community Details

Overview

  • 2 Units
  • Pleasant Ridge Subdivision

Building Details

  • New Taxes Expense $2,995

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,995

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Gross Rent: 17880.0
  • Misc Business Info Construction Type: Bi-Level
  • Misc Business Info Parking Surface: concrete
  • Misc Business Info Roof Type: Shingle
  • Tax Year: 2020
  • Registered Licenses for Unrelated Occupants: 2
  • Misc Business Info Overall Building Siz: 1562
  • Levels: Multi/Split
  • Year Built: 1980
  • Lot Size Acres: 0.2
  • Lot Size: 66x132
  • Subdivision Name: Pleasant Ridge
  • Above Grade Finished Sq Ft: 1562.0
  • Architectural Style: Bi-Level
  • General Property Info:Lot Size Dimensions: 66x132
  • General Property Info:Above Grade Finished Area: 1562.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Exterior:Brick: Yes
  • Architectural Style:Bi-Level: Yes
  • Tax Info:Taxes2: 2995.0
  • Tax Info:Zoning3: Multi-Family
  • General Property Info:Building 1 Description: BI Level
  • General Property Info:_pound_ of Units: 2
  • Levels:MultiSplit: Yes
  • Water Heater:Electric Water Heater2: Yes
  • Annual Inc Expense:Tax Expense2: 2995.0
  • Cooling:WallWindow Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Heating: Electric
  • Property Type: Resid/Multi-Family
  • Basement:None3: Yes

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Covered
  • Construction Type: Aluminum Siding, Brick
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • Misc Business Info:_pound_ Parking: 2
  • General Property Info:Parking Total: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • LaundryFeatures: None
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Electric: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 19, 2021
Sold by
Comstock David K and Comstock Patricia S
Bought by
Naval Toidnex
Seller's Agent
Christopher Silker
Keller Williams Realty Lansing
Buyer's Agent
Ruben Sauceda
Great America Brokers LLC
List Price
$135,000
Sold Price
$145,000
Premium/Discount to List
$10,000
7.41%
Current Estimated Value
$190,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,703
Avg. Annual Appreciation
6.35%
Original Mortgage
$123,250
Outstanding Balance
$110,791
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$79,912

Purchase Details

Closed on
Oct 26, 2012
Sold by
Arnesen Myra A
Bought by
Comstock David K and Comstock Patricia S

Purchase Details

Closed on
Dec 21, 2004
Sold by
Despotovic Myra A and Arnesen Myra A
Bought by
Arnesen Myra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,100
Interest Rate
5.82%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 21, 1997
Sold by
Davis Michael H and Davis Sharon
Bought by
Despotovic Myra A
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
Naval Toidnex $145,000 Transnation Title Agency
Comstock David K $47,000 Bell Title Co
Arnesen Myra A -- --
Despotovic Myra A $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naval Toidnex $123,250
Previous Owner Comstock David K $45,500
Previous Owner Arnesen Myra A $37,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $145,000 +7.4% $93 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $135,000 -- $86 / 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 $5,087 $69,800 $9,800 $60,000
2024 $41 $72,600 $9,800 $62,800
2023 $4,781 $65,400 $9,800 $55,600
2022 $4,344 $60,900 $9,300 $51,600
2021 $2,697 $58,100 $5,800 $52,300
2020 $2,994 $54,300 $5,800 $48,500
2019 $2,888 $36,200 $5,800 $30,400
2018 $2,743 $34,900 $5,800 $29,100
2017 $2,719 $34,900 $5,800 $29,100
2016 $3,426 $34,300 $5,800 $28,500
2015 $3,426 $34,300 $11,650 $22,650
2014 $3,426 $45,000 $8,501 $36,499
Source: Public Records

Agents Affiliated with this Home

  • Christopher Silker

    Seller's Agent in 2021

    Christopher Silker

    Keller Williams Realty Lansing

    (517) 242-9251

    14 in this area

    289 Total Sales

    Christopher Silker
    Section Image
  • Ruben Sauceda

    Buyer's Agent in 2021

    Ruben Sauceda

    Great America Brokers LLC

    (517) 819-7123

    12 in this area

    136 Total Sales

    Ruben Sauceda
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 252646

Greater Lansing Association of Realtors®

APN: 01-01-34-376-022

Michigan Ingham County Lansing 48910 Old Everett

4725 S Pennsylvania Ave, Lansing, MI

This home is located at 4725 S Pennsylvania Ave, Lansing, MI 48910 since 21 January 2021 and is currently estimated at $190,703, approximately $122 per square foot. This property was built in 1980. 4725 S Pennsylvania Ave is a home located in Ingham County with nearby schools including Kendon School, Attwood School, and Everett 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.
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