NOT LISTED FOR SALE

5155 E Brookfield Dr East Lansing, MI 48823

Estimated Value: $238,884 - $302,000

4 Beds
1 Bath
1,496 Sq Ft
$180/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $145,000 $97 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,884/month

4 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Wood Siding
  • Bennett Woods Elementary School Rated A
  • Hot Water Heating System

About This Home

As of September 2017

2-bedroom, 1-bath duplex. Large lot with shade trees. Full basements. Tenants pay their own utilities.

Last Agent to Sell the Property

Jill Powell

1st Choice Real Estate License #6502350891 Listed on: 08/06/2017

Last Buyer's Agent

Sophie Shi

Aspire Real Estate MI License #6502418645

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,103

Year Built

  • Built in 1953

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 83x186

Home Design

  • Duplex
  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,496 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $18,000

Community Details

Overview

  • 2 Units
  • Brook Subdivision

Building Details

  • Maintenance Expense $980
  • Manager Expense $2,700
  • New Taxes Expense $3,103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,103

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Gross Rent: 18000.0
  • Tax Year: 2016
  • Registered Licenses for Unrelated Occupants: 1
  • Unit Information License Register Exp: 2017-12-31
  • Levels: One
  • Year Built: 1953
  • Lot Size Acres: 0.35
  • Lot Size: 83X186
  • Subdivision Name: Brook
  • Above Grade Finished Sq Ft: 1496.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 83X186
  • General Property Info:Above Grade Finished Area: 1496.0
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • General Property Info:ECO Friendly Features: No
  • Architectural Style:Ranch: Yes
  • Exterior:Wood Siding: Yes
  • Tax Info:Taxes2: 3103.0
  • Tax Info:Zoning3: Multi-Family
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Tax Expense2: 3103.0
  • Annual Inc Expense:Maintenance3: 980.0
  • Annual Inc Expense:Management3: 2700.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Hot Water, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Covered
  • Construction Type: Wood Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Schools

  • Junior High Dist: Okemos

Lot Info

  • Lot Size Sq Ft: 15158.88
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2017
Closed on
Sep 29, 2017
Sold by
The Rosemary Watkins Trust
Bought by
Chen Tian Ling
Seller's Agent
Jill Powell
1st Choice Real Estate
Buyer's Agent
Sophie Shi
Aspire Real Estate MI
Sold Price
$145,000
Current Estimated Value
$269,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,971
Avg. Annual Appreciation
8.15%
Source: Public Records

Range of Values:

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Average Value
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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
Chen Tian Ling $145,000 Ata National Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Tian Ling $91,000
Previous Owner Watkins Rosemary $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $145,000 -- $97 / Sq Ft
08/10/2017 08/10/17 Pending -- -- --
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 $5,104 $100,400 $24,400 $76,000
2024 $4,762 $93,900 $23,300 $70,600
2023 $4,762 $86,300 $22,100 $64,200
2022 $4,568 $75,400 $18,900 $56,500
2021 $4,465 $70,700 $17,100 $53,600
2020 $4,371 $66,400 $17,100 $49,300
2019 $4,305 $62,600 $18,500 $44,100
2018 $4,104 $59,200 $18,900 $40,300
2017 $3,157 $56,700 $19,200 $37,500
2016 $1,429 $54,000 $18,000 $36,000
2015 $1,429 $50,600 $33,329 $17,271
2014 $1,429 $45,800 $28,763 $17,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 218796

Greater Lansing Association of Realtors®

APN: 02-02-17-378-010