NOT LISTED FOR SALE

520 Leitram St Lansing, MI 48915

Downtown Lansing Neighborhood

Estimated Value: $104,000 - $175,000

3 Beds
5 Baths
1,612 Sq Ft
$82/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $85,000 $53 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $819/month

10 Days on Market

About This Home

As of September 2023

A great investment or Muti-family opportunity in this Lansing Duplex. Unit 1 has 2 bedrooms, a full bathroom, kitchen, dinning, and spacious living area. The 2nd unit has 1 bedroom, a living space, dinning space, kitchen and full bathroom. Good size driveway and shed/garage. Great space and lot that's less than a mile to the Capitol Building and less than 5 miles to MSU.

Last Agent to Sell the Property

Kimberly Yezbick

Real Estate One-Northville License #6501384662 Listed on: 06/02/2023

Real Estate One-Northville

Co-Listed By

Liz Stevenson

Real Estate One-Northville License #6502138660

Last Buyer's Agent

Keith Tett

License #6501390911

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 119.40

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,612 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 33010117230041

Community Details

Overview

  • 2 Units
  • Wm Fosters Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 119.00
  • Year Built: 1922
  • State Equalized Value: 51300.0000
  • Pets Allowed: Yes
  • AgentOnly_ListPriceByAcre: 772727.2700
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1612

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 119.40
  • Parcel Number: 33010117230041
  • Zoning: Residential
  • Percent Homestead Exempt: Yes

Tax Info

  • Tax Amount Summer: 1752.0000
  • Tax Amount Winter: 474.0000
  • Total Tax: 2226.0000
  • Taxable Value: 35959.0000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Lansing

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Sep 22, 2023
Sold by
Smith Maggie
Bought by
Kilgore Security & Protection Group Llc
Seller's Agent
Kimberly Yezbick
Real Estate One-Northville
Buyer's Agent
Keith Tett
List Price
$85,000
Sold Price
$85,000
Views
101
Current Estimated Value
$132,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,174
Avg. Annual Appreciation
20.76%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kilgore Security & Protection Group Llc $85,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2023 09/22/23 Sold $85,000 0.0% $53 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $85,000 -- $53 / Sq Ft
Source: Realcomp

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 $5,619 $68,500 $4,400 $64,100
2024 $48 $63,500 $4,400 $59,100
2023 $2,468 $57,000 $4,400 $52,600
2022 $2,226 $51,300 $5,100 $46,200
2021 $2,180 $45,800 $6,500 $39,300
2020 $2,167 $42,100 $6,500 $35,600
2019 $3,592 $41,800 $6,500 $35,300
2018 $1,947 $38,900 $6,500 $32,400
2017 $1,863 $38,900 $6,500 $32,400
2016 $2,988 $38,200 $6,500 $31,700
2015 $2,988 $36,800 $12,928 $23,872
2014 $2,988 $36,900 $13,750 $23,150
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Yezbick

    Seller's Agent in 2023

    Kimberly Yezbick

    Real Estate One

    (248) 535-4316

    1 in this area

    146 Total Sales

    Kimberly Yezbick
    Section Image
  • Liz Stevenson

    Seller Co-Listing Agent in 2023

    Liz Stevenson

    Real Estate One

    (248) 348-6430

    1 in this area

    134 Total Sales

    Liz Stevenson
    Section Image
  • Keith Tett

    Buyer's Agent in 2023

    Keith Tett

    (517) 974-8515

    1 in this area

    27 Total Sales

    Keith Tett
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230043886

Realcomp

APN: 01-01-17-230-041

Michigan Ingham County Lansing 48915 Downtown Lansing

520 Leitram St, Lansing, MI

Not Listed for Sale

MultiFamily

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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