NOT LISTED FOR SALE

518 Brynford Ave Lansing, MI 48917

Westside Neighborhood

Estimated Value: $159,000 - $166,574

2 Beds
1 Bath
1,672 Sq Ft
$97/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $93,000 $56 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,226/month

Highlights

  • 0.26 Acre Lot
  • Covered Patio or Porch
  • High Speed Internet
  • Ranch Style House
  • Forced Air Heating System

About This Home

As of May 2018

WALK OUT RANCH WITH A GREAT LOCATION! TWO BEDROOMS ON EACH SIDE. NEWER EXTERIOR DOORS AND FRONT WINDOWS. ROOF IS APPROXIMATELY 10-15 YEARS OLD, HOT WATER HEATERS ARE APPROXIMATELY 7-8 YEARS OLD. LOADS OF PARKING. BOTH TENANTS HAVE BEEN THERE OVER 5 YEARS! $750.00 RENT FOR ONE UNIT AND $675.00 FOR THE OTHER BECAUSE HE TAKES CARE OF THE LAWN CARE AND SNOW REMOVAL. APPROXIMATELY 836 SQ. FT. PER UNIT.

Last Agent to Sell the Property

Lynne VanDeventer

Coldwell Banker Professionals -Okemos License #6501128440 Listed on: 03/13/2018

Coldwell Banker Professionals -Okemos

Last Buyer's Agent

Mary Ellen Cole

Coldwell Banker Professionals-E.L. License #6501186641

Coldwell Banker Professionals-E.L.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 82x140

Home Design

  • 1,672 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Shingle Roof
  • Aluminum Siding

Basement

  • Walk-Out Basement
  • Basement Window Egress

Parking

  • 6 Parking Spaces
  • No Garage
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $18,000

Community Details

Overview

  • 2 Units
  • Windemere Subdivision

Building Details

  • Insurance Expense $875
  • Maintenance Expense $900
  • Other Expense $300
  • New Taxes Expense $2,447
  • Operating Expense $14,353
  • Net Operating Income $13,478

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Gross Rent: 18000.0
  • Miscellaneous: 300.0
  • Net Income: 13478.06
  • Total Expense: 14353.06
  • Tax Year: 2017
  • Levels: One
  • Year Built: 1968
  • Lot Size Acres: 0.26
  • Lot Size: 82X140
  • Subdivision Name: Windemere
  • Above Grade Finished Sq Ft: 1672.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 82X140
  • General Property Info:Above Grade Finished Area: 1672.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Architectural Style:Ranch: Yes
  • Tax Info:Taxes2: 2447.0
  • 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:Insurance4: 875.0
  • Annual Inc Expense:Tax Expense2: 2446.94
  • Annual Inc Expense:Maintenance3: 900.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Egress Windows, Walk-Out Access
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Basement:Walk-Out Access: Yes
  • Basement:Egress Windows: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Gravel, No Garage
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:No Garage: Yes
  • General Property Info:Parking Total: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available, Cable Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Waverly

Lot Info

  • Lot Size Sq Ft: 11499.84
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 2926

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2019
Sold by
Bui Lo D and Duong K P
Bought by
Bui Properties Llc
Current Estimated Value
$162,644

Purchase Details

Listed on
Mar 13, 2018
Closed on
May 11, 2018
Sold by
Perna Rose M and Berneske Rose M
Bought by
Bui Lo D and Duong P
Seller's Agent
Lynne VanDeventer
Coldwell Banker Professionals -Okemos
Buyer's Agent
Mary Ellen Cole
Coldwell Banker Professionals-E.L.
List Price
$114,900
Sold Price
$93,000
Premium/Discount to List
-$21,900
-19.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%

Purchase Details

Closed on
Aug 10, 2005
Sold by
Berneske Eric A
Bought by
Berneske Rose M

Purchase Details

Closed on
Oct 10, 2002
Sold by
Geller Carla B
Bought by
Berneske Eric A and Berneske Rose Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2002
Sold by
Geller Carla B
Bought by
National City Bank Of Columbus
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
Bui Properties Llc -- None Available
Bui Lo D $93,000 Tri County Title Agency Llc
Berneske Rose M -- None Available
Berneske Eric A $132,250 --
National City Bank Of Columbus $124,224 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perna Rose M $76,277
Previous Owner Perna Rose M $79,950
Previous Owner Berneske Eric A $93,100
Previous Owner Berneske Eric A $92,500
Previous Owner Geller Carla B $112,189
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $93,000 -6.9% $56 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
12/08/2017 12/08/17 Price Changed $99,900 -4.8% $60 / Sq Ft
10/25/2017 10/25/17 Price Changed $104,900 -8.7% $63 / Sq Ft
08/31/2017 08/31/17 For Sale $114,900 -- $69 / 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 $4,308 $76,800 $19,300 $57,500
2024 $21 $75,800 $17,000 $58,800
2023 $4,124 $63,700 $17,300 $46,400
2022 $3,940 $58,200 $14,300 $43,900
2021 $3,859 $53,200 $10,700 $42,500
2020 $3,541 $50,300 $10,700 $39,600
2019 $3,708 $52,800 $8,700 $44,100
2018 $2,547 $41,500 $8,000 $33,500
2017 $2,526 $41,500 $8,000 $33,500
2016 -- $35,100 $7,100 $28,000
2015 -- $36,700 $14,277 $22,423
2014 -- $35,500 $14,277 $21,223
Source: Public Records

Agents Affiliated with this Home

  • Lynne VanDeventer

    Seller's Agent in 2018

    Lynne VanDeventer

    Coldwell Banker Professionals -Okemos

    (517) 492-3274

    3 in this area

    791 Total Sales

    Lynne VanDeventer
    Section Image
  • Mary Ellen Cole

    Buyer's Agent in 2018

    Mary Ellen Cole

    Coldwell Banker Professionals-E.L.

    (517) 703-2515

    1 in this area

    37 Total Sales

    Mary Ellen Cole
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 219701

Greater Lansing Association of Realtors®

APN: 21-01-18-202-012

Michigan Ingham County Lansing 48917 Westside

518 Brynford Ave, Lansing, MI

This home is located at 518 Brynford Ave, Lansing, MI 48917 since 13 March 2018 and is currently estimated at $162,644, approximately $97 per square foot. This property was built in 1968. 518 Brynford Ave is a home located in Ingham County with nearby schools including Waverly Senior High School, Windemere Park Charter Academy, and Montessori Childrens House.

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