NOT LISTED FOR SALE

533 Seymour Ave Lansing, MI 48933

Downtown Lansing Neighborhood

Estimated Value: $252,000 - $260,564

6 Beds
5 Baths
3,743 Sq Ft
$68/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $190,000 $51 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,607/month

44 Days on Market

Highlights

  • 0.3 Acre Lot
  • High Speed Internet
  • 4-minute walk to Durant Park
  • Hot Water Heating System
  • Wood Siding

About This Home

As of March 2021

Great Quadplex just a couple blocks from LCC and Cooley Law and a short walk from Washington square. This quadplex includes 4 large 2bed 1bath units all separately metered for the potential to keep owners costs low. This property has 3 of 4 units currently rented making it a perfect owner occupied rental. Schedule your private showing today!

Last Agent to Sell the Property

Hunter Seyfarth

Berkshire Hathaway HomeServices License #6501386167 Listed on: 01/04/2021

Berkshire Hathaway HomeServices

Last Buyer's Agent

Rob Buffington

White Pine Sotheby's International Realty License #6506044394

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1873

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 66x99

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,743 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Parking

  • 8 Parking Spaces
  • Private Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $38,820

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $4,471
  • New Taxes Expense $6,872

Property Details

Home Type

Multi-Family

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Gross Rent: 38820.0
  • Less Fuel: 433.0
  • Misc Business Info Roof Type: SHIGLE
  • Tax Year: 2020
  • Registered Licenses for Unrelated Occupants: 4
  • Levels: Two
  • Year Built: 1873
  • Lot Size Acres: 0.3
  • Lot Size: 66x99
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 3743.0
  • General Property Info:Lot Size Dimensions: 66x99
  • General Property Info:Above Grade Finished Area: 3743.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Exterior:Wood Siding: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 6872.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: QUAD PLEX
  • General Property Info:_pound_ of Units: 4
  • Annual Inc Expense:Tax Expense2: 6872.0
  • Annual Inc Expense:Electricity5: 4471.0
  • Misc Business Info Zoning5: RESIDENTIAL
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Michigan
  • Heating: Hot Water, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes
  • Basement:Michigan: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Wood Siding

Garage/Parking

  • Total Parking Spaces: 8.0
  • Parking Features: Private
  • Attached Garage: No
  • Parking Features:Private6: Yes
  • Misc Business Info:_pound_ Parking: 8
  • General Property Info:Parking Total: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: None
  • Utilities: High Speed Internet Available, Cable Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 4471.0

Tax Info

  • New Taxes Expense: 6872.0
  • Tax Carrier Route: 1117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Apr 22, 2021
Sold by
Oullette Jesse Daniel
Bought by
Jdo Ventures Ii Llc
Seller's Agent
Hunter Seyfarth
Berkshire Hathaway HomeServices
Buyer's Agent
Rob Buffington
White Pine Sotheby's International Realty
List Price
$179,900
Sold Price
$190,000
Premium/Discount to List
$10,100
5.61%
Current Estimated Value
$255,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,141
Avg. Annual Appreciation
5.99%
Original Mortgage
$152,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 4, 2021
Closed on
Mar 2, 2021
Sold by
Light Blue Properties Ltd
Bought by
Ouellette Jesse Daniel
Seller's Agent
Hunter Seyfarth
Berkshire Hathaway HomeServices
Buyer's Agent
Rob Buffington
White Pine Sotheby's International Realty
List Price
$179,900
Sold Price
$190,000
Premium/Discount to List
$10,100
5.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2019
Sold by
Platt Street Investments Llc
Bought by
Light Blue Properties Llc

Purchase Details

Listed on
Mar 22, 2019
Closed on
Jun 11, 2019
Sold by
Anne Marie Schrader Living Trust
Bought by
Platt Street Investments Llc
Seller's Agent
Jeffrey Bone
Century 21 Affiliated
Buyer's Agent
Hunter Seyfarth
Berkshire Hathaway HomeServices
List Price
$169,900
Sold Price
$149,000
Premium/Discount to List
-$20,900
-12.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$112,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 2014
Sold by
Schrader Anne Marie
Bought by
Schrader Anne Marie

Purchase Details

Closed on
Dec 29, 2011
Sold by
Lansing Pine Street Llc
Bought by
Schrader Anne Marie

Purchase Details

Closed on
Nov 12, 2004
Sold by
Coleman Melvin B and Coleman Rita L
Bought by
Lansing Pine Street Llc

Purchase Details

Closed on
Dec 17, 1997
Sold by
Kellogg Sharon
Bought by
Melvin and Rita Coleman
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
Jdo Ventures Ii Llc -- None Available
Ouellette Jesse Daniel $190,000 Title Resource Agency
Light Blue Properties Llc -- None Available
Platt Street Investments Llc $149,000 Transnation Title Agency
Schrader Anne Marie -- None Available
Schrader Anne Marie -- None Available
Lansing Pine Street Llc $150,000 Metropolitan Title Company
Melvin $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ouellette Jesse Daniel $152,000
Previous Owner Platt Street Investments Llc $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2021 03/02/21 Sold $190,000 +5.6% $51 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $179,900 +20.7% $48 / Sq Ft
06/13/2019 06/13/19 Sold $149,000 -6.8% $40 / Sq Ft
05/04/2019 05/04/19 Price Changed $159,900 -3.0% $43 / Sq Ft
04/09/2019 04/09/19 Price Changed $164,900 -2.9% $44 / Sq Ft
03/22/2019 03/22/19 For Sale $169,900 -- $45 / 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 $9,480 $126,100 $6,400 $119,700
2024 $78 $119,400 $6,400 $113,000
2023 $8,394 $107,200 $6,400 $100,800
2022 $7,672 $94,400 $5,800 $88,600
2021 $7,267 $89,800 $6,400 $83,400
2020 $6,874 $82,800 $6,400 $76,400
2019 $3,717 $40,500 $6,400 $34,100
2018 $4,843 $63,500 $6,400 $57,100
2017 $4,657 $63,500 $6,400 $57,100
2016 $4,472 $62,300 $6,400 $55,900
2015 $4,472 $60,400 $12,781 $47,619
2014 $4,472 $56,900 $17,000 $39,900
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Hunter Seyfarth

    Berkshire Hathaway HomeServices

    (517) 281-1683

    5 in this area

    39 Total Sales

    Hunter Seyfarth
    Section Image
  • Rob Buffington

    Buyer's Agent in 2021

    Rob Buffington

    White Pine Sotheby's International Realty

    (517) 862-5777

    3 in this area

    177 Total Sales

    Rob Buffington
    Section Image
  • Jeffrey Bone

    Seller's Agent in 2019

    Jeffrey Bone

    Century 21 Affiliated

    (517) 614-3875

    1 in this area

    40 Total Sales

    Jeffrey Bone
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 252308

Greater Lansing Association of Realtors®

APN: 01-01-16-129-161

Michigan Ingham County Lansing 48933 Downtown Lansing

533 Seymour Ave, Lansing, MI

This home is located at 533 Seymour Ave, Lansing, MI 48933 since 04 January 2021 and is currently estimated at $255,141, approximately $68 per square foot. This property was built in 1873. 533 Seymour Ave is a home located in Ingham County with nearby schools including Riddle Elementary School, Pattengill Academy, and J.W. Sexton 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.
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