Seller's Agent in 2024
Karen Harris-Parham
Coldwell Banker Professionals-Delta
(517) 815-4663
1 in this area
52 Total Sales
512 W Ionia St Lansing, MI 48933
Downtown Lansing NeighborhoodEstimated Value: $143,000 - $163,796
--
Bed
1
Bath
1,838
Sq Ft
$84/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Side by Side Parking
- Heating System Uses Steam
- Covered patio or porch
- Outdoor Storage
- 3-minute walk to Ferris Park
About This Home
As of October 2024Calling all Lansing area new or seasons investors - 3X's the Income - This one is not to miss!
This sought after 3 unit provides Great Immediate Income. Rents total approximately $2,225 per mth. Main floor renovated 2021 Newer Kitchen in Apt. A 1BR - 2019 Apt. B Studio: Many updates including Bath and Appliances.- Sump pump 5yrs - Newer Boiler 2019 - Roof Re-sloped 2016 - Electrical Upgraded to 150 Amp 2021. Fully leased, and professionally managed. COL Certified, plus Section 8 Approved.
Last Listed By
Coldwell Banker Professionals-Delta License #6501276908 Listed on: 06/07/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1895
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 82.5x66
- Gentle Sloping Lot
- Back Yard
Home Design
- Traditional Architecture
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,838 Sq Ft Home
- 2-Story Property
- Washer and Electric Dryer Hookup
Flooring
- Carpet
- Laminate
Basement
- Basement Fills Entire Space Under The House
- Michigan Basement
- Sump Pump
- Laundry in Basement
Parking
- 4 Parking Spaces
- Side by Side Parking
- Gravel Driveway
Outdoor Features
- Covered patio or porch
- Outdoor Storage
Utilities
- No Cooling
- Radiant Heating System
- Heating System Uses Steam
- 150 Amp Service
Community Details
- 3 Units
- Original Of Lansing Subdivision
Listing and Financial Details
- Total Actual Rent $2,225
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 7, 2024
Closed on
Oct 9, 2024
Sold by
Woods Anika
Bought by
Boumazzourh Mohammed El Hassan
Seller's Agent
Karen Harris-Parham
Coldwell Banker Professionals-Delta
Buyer's Agent
Mohamed Abukar
EXP Realty, LLC
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%
Total Days on Market
89
Views
88
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
$3,699
Avg. Annual Appreciation
4.53%
Original Mortgage
$112,500
Outstanding Balance
$111,863
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$41,836
Purchase Details
Listed on
Sep 10, 2021
Closed on
Nov 17, 2021
Sold by
Brink Dallas R and Brink Shirley H
Bought by
Woods Anika
Seller's Agent
Renee Dwyer
Keller Williams Realty Lansing
Buyer's Agent
Isaac Verser
Five Star Real Estate - Lansing
List Price
$134,900
Sold Price
$133,551
Premium/Discount to List
-$1,349
-1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$100,163
Interest Rate
3.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 31, 1988
Sold by
Gladstone Sigel H and Gladstone Maureen
Bought by
Brink Dallas R and Brink Shirley H
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 |
|---|---|---|---|
| Boumazzourh Mohammed El Hassan | $150,000 | None Listed On Document | |
| Woods Anika | $133,551 | Transnation Title Agency | |
| Brink Dallas R | $66,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Boumazzourh Mohammed El Hassan | $112,500 | |
| Previous Owner | Woods Anika | $100,163 | |
| Previous Owner | Brink Dallas R | $57,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/11/2024 10/11/24 | Sold | $150,000 | -11.7% | $82 / Sq Ft |
| 06/07/2024 06/07/24 | For Sale | $169,900 | +27.2% | $92 / Sq Ft |
| 11/17/2021 11/17/21 | Sold | $133,551 | -1.0% | $73 / Sq Ft |
| 09/10/2021 09/10/21 | Pending | -- | -- | -- |
| 09/10/2021 09/10/21 | For Sale | $134,900 | 0.0% | $73 / Sq Ft |
| 08/31/2021 08/31/21 | For Sale | $134,900 | -- | $73 / 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 |
|---|---|---|---|---|
| 2024 | $45 | $73,400 | $6,500 | $66,900 |
| 2023 | $5,257 | $66,200 | $6,500 | $59,700 |
| 2022 | $4,809 | $58,400 | $5,900 | $52,500 |
| 2021 | $3,321 | $55,600 | $6,500 | $49,100 |
| 2020 | $3,296 | $51,800 | $6,500 | $45,300 |
| 2019 | $3,174 | $46,900 | $6,500 | $40,400 |
| 2018 | $3,019 | $42,800 | $6,500 | $36,300 |
| 2017 | $2,901 | $42,800 | $6,500 | $36,300 |
| 2016 | $2,786 | $42,100 | $6,500 | $35,600 |
| 2015 | $2,786 | $40,900 | $13,044 | $27,856 |
| 2014 | $2,786 | $39,300 | $17,000 | $22,300 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Harris-Parham
-
Mohamed Abukar
M
Buyer's Agent in 2024
Mohamed Abukar
EXP Realty, LLC
(517) 505-4915
2 in this area
72 Total Sales
-
Renee Dwyer
Seller's Agent in 2021
Renee Dwyer
Keller Williams Realty Lansing
(517) 974-0323
1 in this area
164 Total Sales
-
Heidi Johnson Milam
H
Seller Co-Listing Agent in 2021
Heidi Johnson Milam
Keller Williams Realty Lansing
1 in this area
15 Total Sales
-
Isaac Verser
I
Buyer's Agent in 2021
Isaac Verser
Five Star Real Estate - Lansing
4 in this area
32 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 280988
APN: 01-01-16-153-091
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Copyright © 2025 Greater Lansing Association of REALTORS®
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