Seller's Agent in 2024
David Hall
Achieve Real Estate LLC
(517) 712-8329
5 in this area
119 Total Sales
522 N Pine St Lansing, MI 48933
Downtown Lansing NeighborhoodEstimated Value: $151,000 - $196,000
Studio
--
Bath
2,082
Sq Ft
$84/Sq Ft
Est. Value
Highlights
- 1 Car Detached Garage
- Heating System Uses Natural Gas
- 2-minute walk to Ferris Park
About This Home
As of July 2024CASH FLOW with this updated duplex, each unit has 2 beds (potentially 3 upstairs), 1 bath, and convenient in-unit laundry. Recent improvements, fresh paint, refinished hardwood floors, and updated light and plumbing fixtures. In 2024 a new roof was installed and two new furnaces, ensuring lasting durability and peace of mind for years to come. Will be a licensed rental by closing! Seperate gas and electric.
Built for convenience and profitability, each side could bring in $1,000/month in rental income, making this property an attractive investment opportunity. Situated in a prime location, this duplex presents excellent rental potential, appealing to tenants seeking proximity to amenities and commuter routes. Plus, with a shared detached garage alongside 524 N Pine.
Don't miss out on the chance to capitalize on this promising investment. Schedule a showing today and explore this duplex. With the potential opportunity of investing in 3 units for an even greater return! Sold as a package with MLS# 279928, could bring in $3,500 in rent monthly.
Last Agent to Sell the Property
Achieve Real Estate LLC License #6502433100 Listed on: 05/09/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,558
Year Built
- Built in 1873
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 33x131.9
Parking
- 1 Car Detached Garage
- Driveway
Home Design
- Duplex
- Aluminum Siding
Interior Spaces
- 2,082 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Laundry in unit
Utilities
- No Cooling
- Heating System Uses Natural Gas
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2024
Closed on
Jul 3, 2024
Sold by
Trinity Enterprise Llc
Bought by
Mayer Joel T and Mayer Hayley
Seller's Agent
David Hall
Achieve Real Estate LLC
Buyer's Agent
Gary Newton
RE/MAX Real Estate Professionals
List Price
$159,900
Sold Price
$159,000
Premium/Discount to List
-$900
-0.56%
Views
59
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
$15,889
Avg. Annual Appreciation
5.69%
Original Mortgage
$127,200
Outstanding Balance
$125,666
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$49,223
Purchase Details
Closed on
Feb 23, 2024
Sold by
Stewart Cynthia
Bought by
Trinity Enterprise Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,100
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 17, 2021
Sold by
Stewart Cynthia and Estate Off Albert J Jones
Bought by
Stewart Cynthia
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mayer Joel T | $159,000 | Liberty Title | |
| Mayer Joel T | $159,000 | Liberty Title | |
| Trinity Enterprise Llc | $65,000 | Next Door Title | |
| Stewart Cynthia | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mayer Joel T | $127,200 | |
| Closed | Mayer Joel T | $127,200 | |
| Previous Owner | Trinity Enterprise Llc | $109,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/03/2024 07/03/24 | Sold | $159,000 | -0.6% | $76 / Sq Ft |
| 05/01/2024 05/01/24 | Pending | -- | -- | -- |
| 04/26/2024 04/26/24 | For Sale | $159,900 | -- | $77 / Sq Ft |
Source: Greater Lansing Association of Realtors®
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 | $3,587 | $84,800 | $3,700 | $81,100 |
| 2024 | $29 | $80,300 | $3,700 | $76,600 |
| 2023 | $3,455 | $72,000 | $3,700 | $68,300 |
| 2022 | $3,092 | $64,200 | $4,100 | $60,100 |
| 2021 | $3,021 | $61,400 | $5,200 | $56,200 |
| 2020 | $2,999 | $58,200 | $5,200 | $53,000 |
| 2019 | $2,892 | $52,400 | $5,200 | $47,200 |
| 2018 | $2,747 | $48,800 | $5,200 | $43,600 |
| 2017 | $2,642 | $48,800 | $5,200 | $43,600 |
| 2016 | $2,537 | $47,900 | $5,200 | $42,700 |
| 2015 | $2,537 | $46,500 | $10,327 | $36,173 |
| 2014 | $2,537 | $45,500 | $17,000 | $28,500 |
Source: Public Records
Agents Affiliated with this Home
-
David Hall
-
Gary Newton
Buyer's Agent in 2024
Gary Newton
RE/MAX Michigan
(517) 410-8307
5 in this area
679 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 279929
APN: 01-01-16-107-042
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 © 2026 Greater Lansing Association of REALTORS®
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