Seller's Agent in 2021
Patty Toth
RE/MAX Michigan
(517) 898-1822
23 in this area
101 Total Sales
5028 W Michigan Ave Lansing, MI 48917
Estimated Value: $243,000 - $299,000
3
Beds
1
Bath
2,352
Sq Ft
$115/Sq Ft
Est. Value
Highlights
- Covered Patio or Porch
- 4 Car Attached Garage
- Forced Air Heating System
About This Home
As of March 2021Here's your next investment opportunity! Duplex is conveniently located on the west side, close to Waverly schools and shopping! Spacious 2-story units with 3 bedrooms/1.5 baths with newer furnace/AC and front windows. Each unit has a full basement and a shared 2-car garage! 5028 is currently vacant and was updated in 2019 with new flooring and fresh paint! This duplex won't last long! Schedule your showing today!
Last Agent to Sell the Property
RE/MAX Real Estate Professionals License #6501375761 Listed on: 01/11/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,782
Year Built
- Built in 1973
Lot Details
- 0.33 Acre Lot
- Lot Dimensions are 131x111
Parking
- 4 Car Attached Garage
Home Design
- Duplex
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 2,352 Sq Ft Home
- 2-Story Property
- Fire and Smoke Detector
Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Outdoor Features
- Covered Patio or Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Total Actual Rent $24,600
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,607
- Maintenance Expense $1,312
- Manager Expense $878
- New Taxes Expense $3,782
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2021
Closed on
Mar 18, 2021
Sold by
Geert D Mulder & Sons Inc
Bought by
Peel Kameron
Seller's Agent
Patty Toth
RE/MAX Real Estate Professionals
Buyer's Agent
Gary Naeyaert
EXIT Realty Home Partners
List Price
$175,000
Sold Price
$175,000
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
$95,168
Avg. Annual Appreciation
10.06%
Original Mortgage
$179,025
Outstanding Balance
$161,290
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$108,878
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Peel Kameron | $175,000 | Ata National Title Group Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Peel Kameron | $179,025 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/18/2021 03/18/21 | Sold | $175,000 | 0.0% | $74 / Sq Ft |
| 01/15/2021 01/15/21 | Pending | -- | -- | -- |
| 01/11/2021 01/11/21 | For Sale | $175,000 | -- | $74 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $4,756 | $113,800 | $0 | $0 |
| 2024 | $2,745 | $99,400 | $0 | $0 |
| 2023 | $2,625 | $92,900 | $0 | $0 |
| 2022 | $4,160 | $82,600 | $0 | $0 |
| 2021 | $3,272 | $72,200 | $0 | $0 |
| 2020 | $3,782 | $69,300 | $0 | $0 |
| 2019 | $3,684 | $151,616 | $0 | $0 |
| 2018 | $3,598 | $63,200 | $0 | $0 |
| 2017 | $3,529 | $63,200 | $0 | $0 |
| 2016 | -- | $61,200 | $0 | $0 |
| 2015 | -- | $61,200 | $0 | $0 |
| 2014 | -- | $58,800 | $0 | $0 |
| 2013 | -- | $60,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Patty Toth
-
Gary Naeyaert
Buyer's Agent in 2021
Gary Naeyaert
EXIT Realty Home Partners
(517) 281-2690
7 in this area
166 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 252429
APN: 040-047-300-070-00
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