Brian Kasper
Century 21 Affiliated
(517) 816-9249
352 Total Sales
2 in Downtown Lansing
$180K - $227K Price Range
500 N Walnut St Lansing, MI 48933
Downtown Lansing NeighborhoodEstimated Value: $138,000 - $165,000
Studio
--
Bath
1,844
Sq Ft
$82/Sq Ft
Est. Value
Highlights
- Park or Greenbelt View
- Covered Patio or Porch
- 2-minute walk to Ferris Park
- Corner Lot
- Forced Air Heating System
About This Home
As of September 2020Welcome to 500 N. Walnut Street. This 2 unit income generator is smack dab in downtown Lansing. Walk to the capitol! Close to highway. Home could be converted back to a single family. Seller pays gas/heat and water/sewer – tenants pay their own electric/lights. Upper unit is currently rented. Washer/dryer in basement with unit one access only. 2nd level unit has walk up attic for storage and much more! Currently licensed for rental thru City of Lansing. Rented noted for unit 1 was for last tenant. Level and room measurements estimated per board requirement.
Last Agent to Sell the Property
Coldwell Banker Professionals -Okemos License #6506041103 Listed on: 04/27/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1907
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 33x80
- Corner Lot
Home Design
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,844 Sq Ft Home
- 2-Story Property
- Park or Greenbelt Views
- Basement Fills Entire Space Under The House
Parking
- 4 Parking Spaces
- No Garage
Outdoor Features
- Covered Patio or Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $700
- New Taxes Expense $3,206
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 27, 2020
Closed on
Sep 3, 2020
Sold by
Bought by
Seller's Agent
Carin Whybrew
Coldwell Banker Professionals -Okemos
Buyer's Agent
Frank McGillis
RE/MAX Real Estate Professionals
List Price
$109,900
Sold Price
$88,500
Premium/Discount to List
-$21,400
-19.47%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,533
Avg. Annual Appreciation
9.35%
Original Mortgage
$86,896
Outstanding Balance
$75,342
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$75,691
Purchase Details
Closed on
Jan 28, 2015
Sold by
Bought by
Purchase Details
Closed on
May 7, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 17, 1998
Sold by
Bought by
Purchase Details
Closed on
Dec 15, 1994
Sold by
Bought by
Purchase Details
Closed on
Mar 1, 1993
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Lansing, MI
-
Brian Kasper
-
David Hall
David Hall
Achieve Real Estate LLC
(517) 481-4093
124 Total Sales
5 in Downtown Lansing
$60K - $159K Price Range
-
Morgan Meredith
Morgan Meredith
KELLER WILLIAMS LANSING
(517) 777-8043
312 Total Sales
5 in Downtown Lansing
$13K - $175K Price Range
-
Mohamed Abukar
Mohamed Abukar
EXP Realty, LLC
(517) 816-9164
98 Total Sales
1 in Downtown Lansing
$156,000 Price
-
Josh Nelson
Josh Nelson
White Pine Sotheby's International Realty
(616) 816-5361
46 Total Sales
1 in Downtown Lansing
$145,000 Price
-
Brock Fletcher
Brock Fletcher
Keller Williams Lansing East
(517) 696-6275
277 Total Sales
1 in Downtown Lansing
$172,500 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $88,500 | Tri County Title Agency Llc | ||
| -- | None Available | ||
| -- | Netco Title | ||
| $50,500 | -- | ||
| $48,400 | -- | ||
| $43,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $86,896 | ||
| Previous Owner | $100,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/03/2020 09/03/20 | Sold | $88,500 | -9.6% | $48 / Sq Ft |
| 07/30/2020 07/30/20 | Pending | -- | -- | -- |
| 06/29/2020 06/29/20 | Price Changed | $97,900 | -6.7% | $53 / Sq Ft |
| 06/12/2020 06/12/20 | Price Changed | $104,900 | -4.5% | $57 / Sq Ft |
| 04/27/2020 04/27/20 | For Sale | $109,900 | -- | $60 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $4,414 | $72,900 | $2,900 | $70,000 |
| 2025 | $3,528 | $68,000 | $2,900 | $65,100 |
| 2024 | $34 | $64,400 | $2,900 | $61,500 |
| 2023 | $4,030 | $57,700 | $2,900 | $54,800 |
| 2022 | $3,664 | $51,400 | $3,200 | $48,200 |
| 2021 | $766 | $49,200 | $4,000 | $45,200 |
| 2020 | $3,303 | $45,600 | $4,000 | $41,600 |
| 2019 | $3,187 | $41,100 | $4,000 | $37,100 |
| 2018 | $3,026 | $38,700 | $4,000 | $34,700 |
| 2017 | $2,911 | $38,700 | $4,000 | $34,700 |
| 2016 | $2,822 | $38,000 | $4,000 | $34,000 |
| 2015 | $2,822 | $36,800 | $8,042 | $28,758 |
| 2014 | $2,822 | $36,600 | $14,500 | $22,100 |
Source: Public Records
Agents Affiliated with this Home
-
Carin Whybrew
Seller's Agent in 2020
Carin Whybrew
Coldwell Banker Professionals -Okemos
(517) 719-4967
1 in this area
459 Total Sales
-
Wesley Whybrew
Seller Co-Listing Agent in 2020
Wesley Whybrew
Coldwell Banker Professionals -Okemos
(517) 449-7516
11 Total Sales
-
Frank McGillis
Buyer's Agent in 2020
Frank McGillis
RE/MAX Michigan
(517) 202-2342
273 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 245542
APN: 01-01-16-129-091
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.
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.
Copyright © 2026 Greater Lansing Association of REALTORS®
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