Seller's Agent in 2022
Peter MacIntyre
RE/MAX Michigan
(517) 256-6664
11 in this area
502 Total Sales
532 N Chestnut St Lansing, MI 48933
Downtown Lansing NeighborhoodEstimated Value: $143,000 - $208,000
--
Bed
--
Bath
2,086
Sq Ft
$81/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Double Pane Windows
- Wood Siding
- Corner Lot
- Forced Air Heating System
- 2-minute walk to Ferris Park
About This Home
As of March 2022Welcome to 532 N Chestnut St, Lansing MI. This 3 unit investment property is close to LCC and State of MI offices. Many recent improvements!
New high efficiency furnaces, new electrical and plumbing, 2 new sump crocks and pumps. The ground floor unit is a 3 bedroom, 1 bath with living ,dining and kitchen at about 1100 sq feet currently rents for $620. Tenant pays for gas and electric. . Upstairs are 2 one bedroom units ( each between 500-600 Sq ft) that rent for $600 and $575. and landlord pays all utities. One has a long term tenant that has been there 10 yrs. Nice income potential !!
Last Agent to Sell the Property
RE/MAX Real Estate Professionals License #6506040989 Listed on: 08/31/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1880
Lot Details
- 4,225 Sq Ft Lot
- Lot Dimensions are 64 x 66
- Corner Lot
Home Design
- Combination Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 2,086 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Blinds
Flooring
- Wood
- Carpet
Basement
- Sump Pump
- Block Basement Construction
- Laundry in Basement
Parking
- 4 Car Garage
- No Garage
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- 220 Volts For Spa
- 150 Amp Service
- Cable TV Available
Community Details
- 3 Units
- Original Of Lansing Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2021
Closed on
Mar 7, 2022
Sold by
Sam Rental Llc
Bought by
Carlson Sydney
Seller's Agent
Peter MacIntyre
RE/MAX Real Estate Professionals
Buyer's Agent
Donovan Thomas
Five Star Real Estate - Lansing
List Price
$129,000
Sold Price
$105,000
Premium/Discount to List
-$24,000
-18.6%
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
$63,405
Avg. Annual Appreciation
13.39%
Original Mortgage
$78,750
Outstanding Balance
$63,549
Interest Rate
3.15%
Mortgage Type
New Conventional
Estimated Equity
$104,856
Purchase Details
Closed on
Feb 19, 2014
Sold by
Bank Of America N A
Bought by
Sam Rental Llc
Purchase Details
Closed on
Dec 20, 2012
Sold by
Sherwood Joyce and Curtis Cassandra
Bought by
Bank Of America Na
Purchase Details
Closed on
Apr 30, 2008
Sold by
Sherwood Joyce
Bought by
Sherwood Joyce and Curtis Cassandra
Purchase Details
Closed on
Nov 2, 2007
Sold by
Sherwood Joyce
Bought by
Sherwood Joyce and Curtis Cassandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,022
Interest Rate
6.33%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 19, 2007
Sold by
Curtis Cassandra L
Bought by
Sherwood Joyce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,022
Interest Rate
6.33%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 17, 2005
Sold by
Tnt Irrevocable Trust
Bought by
Curtis Cassandra L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
9.44%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Mar 9, 2005
Sold by
Tate James R and Pennington Tate Lorrie A
Bought by
The Tnt Irrevocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
9.44%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Dec 2, 2004
Sold by
Hoskins Eddie
Bought by
Deutsche Bank National Trust Co and Argent Securities Inc Asset Backed Pass
Purchase Details
Closed on
Feb 16, 2000
Sold by
Slater Roderick W
Bought by
Markey Family Investments Llc
Purchase Details
Closed on
Feb 16, 1999
Sold by
Smith Tracy J and Smith Tracy Jean
Bought by
Tate James R and Tate Lorrie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 1, 1994
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carlson Sydney | $105,000 | Diversified National Title | |
| Sam Rental Llc | $18,750 | Parks Title | |
| Bank Of America Na | $157,088 | None Available | |
| Sherwood Joyce | -- | None Available | |
| Sherwood Joyce | -- | None Available | |
| Sherwood Joyce | $128,000 | None Available | |
| Curtis Cassandra L | $125,000 | Mids | |
| The Tnt Irrevocable Trust | -- | Mid | |
| Deutsche Bank National Trust Co | $114,324 | -- | |
| Markey Family Investments Llc | $250 | -- | |
| Tate James R | $48,900 | -- | |
| -- | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carlson Sydney | $78,750 | |
| Previous Owner | Sherwood Joyce | $126,022 | |
| Previous Owner | Curtis Cassandra L | $106,250 | |
| Previous Owner | Tate James R | $44,000 | |
| Closed | Curtis Cassandra L | $6,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/07/2022 03/07/22 | Sold | $105,000 | -18.6% | $50 / Sq Ft |
| 01/29/2022 01/29/22 | Pending | -- | -- | -- |
| 08/31/2021 08/31/21 | For Sale | $129,000 | -- | $62 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $6,156 | $79,900 | $5,100 | $74,800 |
| 2024 | $50 | $75,700 | $5,100 | $70,600 |
| 2023 | $5,798 | $68,100 | $5,100 | $63,000 |
| 2022 | $5,458 | $60,000 | $4,600 | $55,400 |
| 2021 | $3,940 | $57,100 | $5,100 | $52,000 |
| 2020 | $3,911 | $52,800 | $5,100 | $47,700 |
| 2019 | $3,769 | $47,700 | $5,100 | $42,600 |
| 2018 | $3,582 | $44,800 | $5,100 | $39,700 |
| 2017 | $3,444 | $44,800 | $5,100 | $39,700 |
| 2016 | $3,320 | $44,000 | $5,100 | $38,900 |
| 2015 | $3,320 | $42,700 | $10,119 | $32,581 |
| 2014 | $3,320 | $42,200 | $17,000 | $25,200 |
Source: Public Records
Agents Affiliated with this Home
-
Peter MacIntyre
-
Donovan Thomas
Buyer's Agent in 2022
Donovan Thomas
Five Star Real Estate - Lansing
(517) 881-0952
2 in this area
80 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 259208
APN: 01-01-16-108-001
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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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