NOT LISTED FOR SALE

5318 Balzer St Lansing, MI 48911

South Lansing Neighborhood

Estimated Value: $138,000 - $190,000

-- Bed
1 Bath
1,500 Sq Ft
$109/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $195,000 $130 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $1,036/month

72 Days on Market

Highlights

  • 0.51 Acre Lot
  • Forced Air Heating System
  • Wood Siding
  • 1-Story Property

About This Home

As of June 2024

This home is located at 5318 Balzer St, Lansing, MI 48911 since 23 February 2024 and is currently estimated at $163,866, approximately $109 per square foot. This property was built in 1973. 5318 Balzer St is a home located in Ingham County with nearby schools including Reo Elementary School, Attwood School, and Everett High School.

Last Agent to Sell the Property

Karen Wey

EXP Realty - Lansing License #6506045572 Listed on: 02/23/2024

EXP Realty - Lansing

Last Buyer's Agent

Oddie Sira

Berkshire Hathaway HomeServices License #6501431015

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 88.1x253.5

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property

Basement

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

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Tax Year: 2023
  • Levels: One
  • Year Built: 1973
  • Lot Size Acres: 0.51
  • Lot Size: 88.1x253.5
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1500.0
  • General Property Info:Lot Size Dimensions: 88.1x253.5
  • General Property Info:Above Grade Finished Area: 1500.0
  • Laundry Features:In Basement: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Exterior:Brick: Yes
  • Exterior:Wood Siding: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 5131.03
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: Building 1 of 1
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Forced Air
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes

Exterior Features

  • Construction Type: Brick, Wood Siding

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • General Property Info:Parking Total: 2+

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: In Basement
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 22215.6
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Carrier Route: 3534

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Jun 6, 2024
Sold by
Menosky Zachary
Bought by
Irakoze Yeredi and Niyomana Pafiya
Seller's Agent
Karen Wey
EXP Realty - Lansing
Buyer's Agent
Oddie Sira
Berkshire Hathaway HomeServices
List Price
$194,900
Sold Price
$195,000
Premium/Discount to List
$100
0.05%
Views
169
Current Estimated Value
$163,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,134
Avg. Annual Appreciation
-12.43%
Original Mortgage
$191,468
Outstanding Balance
$185,868
Interest Rate
7.22%
Mortgage Type
FHA
Estimated Equity
-$22,002

Purchase Details

Closed on
Nov 12, 2021
Sold by
Recker Ryan
Bought by
Mendsky Zachary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,518
Interest Rate
2.99%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 2011
Sold by
Perry Kendall B
Bought by
U S Bank National Association

Purchase Details

Closed on
Aug 15, 1997
Sold by
Liserio Theodore and Liserio Karlene K
Bought by
Perry Kendall B
Source: Public Records

Range of Values:

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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
Irakoze Yeredi $195,000 None Listed On Document
Mendsky Zachary $137,000 None Available
U S Bank National Association $24,000 None Available
Perry Kendall B $80,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irakoze Yeredi $191,468
Previous Owner Mendsky Zachary $134,518
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2024 06/06/24 Sold $195,000 +2.7% $130 / Sq Ft
05/05/2024 05/05/24 Pending -- -- --
04/18/2024 04/18/24 Price Changed $189,900 -2.6% $127 / Sq Ft
02/23/2024 02/23/24 For Sale $194,900 +545.4% $130 / Sq Ft
03/28/2012 03/28/12 Sold $30,199 0.0% $20 / Sq Ft View Prior Sale
03/28/2012 03/28/12 Sold $30,199 0.0% $20 / Sq Ft View Prior Sale
03/28/2012 03/28/12 Pending -- -- --
03/28/2012 03/28/12 For Sale $30,199 +0.7% $20 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
02/22/2012 02/22/12 For Sale $30,000 -- $20 / 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 $5,622 $68,900 $11,100 $57,800
2024 $44 $71,800 $11,100 $60,700
2023 $5,131 $69,100 $11,100 $58,000
2022 $4,760 $65,600 $11,100 $54,500
2021 $3,874 $57,200 $8,100 $49,100
2020 $3,846 $54,700 $8,100 $46,600
2019 $3,713 $53,200 $8,100 $45,100
2018 $3,523 $44,900 $8,100 $36,800
2017 $3,390 $44,900 $8,100 $36,800
2016 $3,491 $44,200 $8,100 $36,100
2015 $3,491 $43,300 $16,197 $27,103
2014 $3,491 $45,900 $24,295 $21,605
Source: Public Records

Agents Affiliated with this Home

  • Karen Wey

    Seller's Agent in 2024

    Karen Wey

    EXP Realty - Lansing

    (517) 202-1502

    4 in this area

    142 Total Sales

    Karen Wey
    Section Image
  • Oddie Sira

    Buyer's Agent in 2024

    Oddie Sira

    Berkshire Hathaway HomeServices

    (517) 214-8792

    4 in this area

    84 Total Sales

    Oddie Sira
    Section Image

  • R

    Seller's Agent in 2012

    Randal Newhouse

    Randy Newhouse Realty

  • D

    Seller's Agent in 2012

    Daniel Bankson

    Berkshire Hathaway HomeServices

  • N

    Buyer's Agent in 2012

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2012

    Unidentified Agent

    Unidentified Office

See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 278813

Greater Lansing Association of Realtors®

APN: 01-05-05-201-151

Michigan Ingham County Lansing 48911 South Lansing

5318 Balzer St, Lansing, MI

This home is located at 5318 Balzer St, Lansing, MI 48911 since 23 February 2024 and is currently estimated at $163,866, approximately $109 per square foot. This property was built in 1973. 5318 Balzer St is a home located in Ingham County with nearby schools including Reo Elementary School, Attwood School, and Everett 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.

Greater Lansing Association of Realtors® IDX information is provided exclusively for Consumers'
personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2025 Greater Lansing Association of REALTORS®

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