NOT LISTED FOR SALE

512 W Oakland Ave Lansing, MI 48906

Old Forest Neighborhood

Estimated Value: $118,000 - $133,611

-- Bed
-- Bath
1,434 Sq Ft
$88/Sq Ft Est. Value

Last Sold April 19, 2023

Last sale price $110,000 $77 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $964/month

42 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Interior Lot
  • Property is near public transit
  • 4 Car Attached Garage
  • Double Pane Windows

About This Home

As of April 2023

This unique home has been totally remodeled that is currently being used as a bed and breakfast. It could also be used as a RB&B or a 5-bedroom home.

Last Agent to Sell the Property

Karl Forell

Century 21 Affiliated License #6501257279 Listed on: 01/18/2023

Century 21 Affiliated

Last Buyer's Agent

Mohamed Abukar

EXP Realty, LLC License #6501400332

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 3,223 Sq Ft Lot
  • Lot Dimensions are 40x65
  • Interior Lot
  • Level Lot
  • Few Trees
  • Back Yard Fenced and Front Yard

Home Design

  • Colonial Architecture
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,434 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Window Treatments
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Parking

  • 4 Car Attached Garage
  • No Garage
  • Gravel Driveway
  • Unpaved Parking
  • Outside Parking
  • Off-Street Parking
  • Deeded Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Kitchen Appliances
  • Central Living Area
  • Accessible Closets
  • Accessible Entrance
  • Accessible Electrical and Environmental Controls

Outdoor Features

  • Rain Gutters

Location

  • Property is near public transit
  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $130

Community Details

Overview

  • 2 Units
  • Original Of Lansing Subdivision

Additional Features

  • New Taxes Expense $200
  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Gross Rent: 130.0
  • Misc Business Info Parking Surface: Gravel
  • Misc Business Info Roof Type: Shingle
  • Tax Year: 2022
  • Levels: Three or More
  • Year Built: 1912
  • Lot Size Acres: 0.07
  • Lot Size: 40x65
  • Subdivision Name: Original of Lansing
  • Above Grade Finished Sq Ft: 1434.0
  • Architectural Style: Colonial
  • General Property Info:Lot Size Dimensions: 40x65
  • General Property Info:Above Grade Finished Area: 1434.0
  • Laundry Features:In Basement: Yes
  • Flooring:Carpet: Yes
  • Foundation Details:Block4: Yes
  • Fencing:Partial2: Yes
  • Electric:_one_00 Amp Service: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Fencing:Back Yard: Yes
  • Cooling:Central Air: Yes
  • Exterior:Vinyl Siding: Yes
  • Fencing:Fenced: Yes
  • Architectural Style:Colonial: Yes
  • Flooring:Ceramic Tile: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Fencing:Wood3: Yes
  • Levels:Three or More: Yes
  • Tax Info:Taxes2: 2909.62
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • Security Features:Fire Alarm: Yes
  • General Property Info:Building 1 Description: Unit 1
  • General Property Info:_pound_ of Units: 2
  • Electric:Underground: Yes
  • Annual Inc Expense:Tax Expense2: 200.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Concrete, Full
  • Heating: Central, Forced Air, Natural Gas
  • Flooring: Carpet, Ceramic Tile, Hardwood, Tile
  • Property Type: Resid/Multi-Family
  • Accessibility Features: Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Full Bath, Accessible Kitchen Appliances, Central Living Area, Electronic Environmental Controls
  • Other Equipment: None
  • Window Features: Double Pane Windows, Window Treatments
  • Full Basement: Yes
  • Basement:Concrete2: Yes
  • Basement:Block2: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Private Yard, Rain Gutters
  • Fencing: Back Yard, Fenced, Partial, Wood
  • Foundation Details: Block
  • Lot Features: Back Yard, City Lot, Few Trees, Front Yard, Interior Lot, Level, Near Public Transit
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt
  • Patio And Porch Features: None
  • Construction Type: Vinyl Siding
  • Lot Features:Back Yard2: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Front Yard2: Yes
  • Lot Features:Near Public Transit: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Level: Yes
  • Window Features:Window Treatments: Yes
  • Exterior Features:Private Yard: Yes
  • Patio Porch Features:None5: Yes
  • Lot Features:Interior Lot: Yes
  • Accessibility Features:Accessible Full Bath: Yes
  • Accessibility Features:Accessible Bedroom: Yes
  • Accessibility Features:Accessible Central Living Area: Yes
  • Accessibility Features:Accessible Entrance: Yes
  • Accessibility Features:Accessible Closets: Yes
  • Accessibility Features:Accessible Kitchen Appliances: Yes
  • Accessibility Features:Central Living Area: Yes
  • Accessibility Features:Accessible Electrical and Environmental Controls: Yes
  • Accessibility Features:Electronic Environmental Controls: Yes

Garage/Parking

  • Parking Features: Attached, Deeded, No Garage, Off Street, Outside, Unpaved
  • Attached Garage: Yes
  • Parking Features:Unpaved: Yes
  • Parking Features:Attached: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:Off Street: Yes
  • General Property Info:Parking Total: 4
  • Parking Features:Outside2: Yes
  • Parking Features:Deeded: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service, Underground
  • LaundryFeatures: In Basement
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Central: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 3223.44
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 5041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Apr 19, 2023
Sold by
Kamana Jeremiah and Kamana Gloria
Bought by
Sullivan Michael W
Seller's Agent
Karl Forell
Century 21 Affiliated
Buyer's Agent
Mohamed Abukar
EXP Realty, LLC
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%
Views
201
Current Estimated Value
$126,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,903
Avg. Annual Appreciation
6.03%
Original Mortgage
$106,700
Outstanding Balance
$103,912
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$22,991

Purchase Details

Closed on
Sep 21, 2021
Sold by
Schertzing Eric A
Bought by
Kamana Jeremiah and Kamana Gloria

Purchase Details

Closed on
Oct 19, 2007
Sold by
Rived Jose I and Rived Linda L
Bought by
J & L Rived Llc

Purchase Details

Closed on
Aug 29, 1997
Sold by
Jones Martin F
Bought by
Rived Jose I and Rived Linda L
Source: Public Records

Range of Values:

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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
Sullivan Michael W $110,000 None Listed On Document
Kamana Jeremiah $60,000 None Available
J & L Rived Llc -- None Available
Rived Jose I $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Michael W $106,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Sold $110,000 -8.3% $77 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $120,000 -- $84 / 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 $3,533 $59,400 $2,800 $56,600
2024 $28 $53,900 $2,800 $51,100
2023 $2,562 $41,700 $2,800 $38,900
2022 $488 $37,400 $3,100 $34,300
2021 $1,802 $34,000 $4,900 $29,100
2020 $1,789 $30,900 $4,900 $26,000
2019 $3,095 $29,600 $4,900 $24,700
2018 $1,639 $26,800 $4,900 $21,900
2017 $2,043 $26,800 $4,900 $21,900
2016 $2,794 $26,300 $4,900 $21,400
2015 $2,794 $25,500 $9,779 $15,721
2014 $2,794 $24,500 $12,250 $12,250
Source: Public Records

Agents Affiliated with this Home

  • Karl Forell

    Seller's Agent in 2023

    Karl Forell

    Century 21 Affiliated

    (517) 214-1482

    2 in this area

    55 Total Sales

    Karl Forell
    Section Image
  • Mohamed Abukar

    Buyer's Agent in 2023

    Mohamed Abukar

    EXP Realty, LLC

    (517) 505-4915

    2 in this area

    81 Total Sales

    Mohamed Abukar
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 270863

Greater Lansing Association of Realtors®

APN: 01-01-09-353-141

Michigan Ingham County Lansing 48906 Old Forest

512 W Oakland Ave, Lansing, MI

This home is located at 512 W Oakland Ave, Lansing, MI 48906 since 18 January 2023 and is currently estimated at $126,903, approximately $88 per square foot. This property was built in 1912. 512 W Oakland Ave is a home located in Ingham County with nearby schools including Willow School, Pattengill Academy, and J.W. Sexton 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.

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Copyright © 2025 Greater Lansing Association of REALTORS®

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