NOT LISTED FOR SALE

534 Cherry St Lansing, MI 48933

Downtown Lansing Neighborhood

Estimated Value: $137,000 - $188,000

4 Beds
2 Baths
1,650 Sq Ft
$95/Sq Ft Est. Value

Sale Details

Date Sold: November 8, 2018

Last sale price $47,000 $28 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $1,116 / mo

82 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • 3-minute walk to Cherry Hill Park
  • 3 Car Attached Garage
  • Wood Siding

About This Home

As of November 2018

Turn this home into the beauty she once was! There is so much potential in this historical home from the original hardwood floors, doors to the 7'' & 10'' original wood trim throughout home as well as the gorgeous molding separating Dining from Living rooms, fireplace in the Dining room. Currently licensed as a rental / 2-unit but definitely could be a wonderful single family home again! Walk to downtown Lansing, REO town, river walk, park, close to expressway, Lugnuts stadium, Cooley law school, MSU and so much more! Downtown Lansing is booming again with renovations all over and new businesses coming to town. With a little TLC it can be everything you are looking for in a home! With full price offer Seller will install central air. Cash or Conventional buyers only please!

Last Agent to Sell the Property

June Rochon

Real Estate One 1st License #6501294525 Listed on: 08/03/2018

Real Estate One 1st

Last Buyer's Agent

June Rochon

Real Estate One 1st License #6501294525 Listed on: 08/03/2018

Real Estate One 1st

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 2,614

Parking

  • 3 Car Attached Garage

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,650 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • Lot Dimensions are 38x64

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Resid/Multi-Family
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1650.0
  • General Property Info:Lot Size Dimensions: 38x64
  • General Property Info:Above Grade Finished Area: 1650.0
  • General Property Info:_pound_ of Units: 2
  • Water Heater:Electric Water Heater2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Michigan
  • Heating: Forced Air, Natural Gas
  • Levels: Two
  • Full Basement: Yes
  • Basement:Michigan: Yes
  • Levels:Two2: Yes

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Covered
  • Construction Type: Wood Siding
  • Patio Porch Features:Covered: Yes
  • Roof:Shingle: Yes
  • Exterior:Wood Siding: Yes

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Misc Business Info:_pound_ Parking: 3
  • General Property Info:Parking Total: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Sewer:Public Sewer: Yes
  • Security Features:Smoke Detector(s): Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size: 38x64
  • Land Acreage:Up to 14 Acre: Yes

Multi Family

  • Registered Licenses for Unrelated Occupants: 1
  • Unit Information License Register Exp: 2020-07-01

Tax Info

  • Tax Info:Taxable Value: 30557.0
  • Tax Info:State Eq Value: 36500.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2018
Closed on
Nov 6, 2018
Sold by
Tan Yip
Bought by
Seller's Agent
June Rochon
Real Estate One 1st
Buyer's Agent
June Rochon
Real Estate One 1st
List Price
$52,900
Sold Price
$47,000
Premium/Discount to List
-$5,900
-11.15%
Current Estimated Value
$156,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,263
Avg. Annual Appreciation
16.63%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Lansing, MI

  • Brian Kasper Real Estate Agent - Century 21 Affiliated

    Brian Kasper

    Century 21 Affiliated

    (517) 816-9249

    352 Total Sales

    2 in Downtown Lansing

    $180K - $227K Price Range

    Brian Kasper
     Section Image
  • David Hall Real Estate Agent - Achieve Real Estate LLC

    David Hall

    Achieve Real Estate LLC

    (517) 481-4093

    124 Total Sales

    5 in Downtown Lansing

    $60K - $159K Price Range

    David Hall
     Section Image
  • Morgan Meredith Real Estate Agent - KELLER WILLIAMS LANSING

    Morgan Meredith

    KELLER WILLIAMS LANSING

    (517) 777-8043

    312 Total Sales

    5 in Downtown Lansing

    $13K - $175K Price Range

    Morgan Meredith
     Section Image
  • Mohamed Abukar Real Estate Agent - EXP Realty, LLC

    Mohamed Abukar

    EXP Realty, LLC

    (517) 816-9164

    98 Total Sales

    1 in Downtown Lansing

    $156,000 Price

    Mohamed Abukar
     Section Image
  • Josh Nelson Real Estate Agent - White Pine Sotheby's International Realty

    Josh Nelson

    White Pine Sotheby's International Realty

    (616) 816-5361

    46 Total Sales

    1 in Downtown Lansing

    $145,000 Price

    Josh Nelson
     Section Image
  • Brock Fletcher Real Estate Agent - Keller Williams Lansing East

    Brock Fletcher

    Keller Williams Lansing East

    (517) 696-6275

    278 Total Sales

    1 in Downtown Lansing

    $172,500 Price

    Brock Fletcher
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$47,000 Transnation Title Agency
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/08/2018 11/08/18 Sold $47,000 -11.2% $28 / Sq Ft
10/24/2018 10/24/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $52,900 -- $32 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,090 $75,200 $3,200 $72,000
2025 $2,345 $67,800 $3,700 $64,100
2024 $23 $57,200 $3,700 $53,500
2023 $2,820 $48,200 $3,700 $44,500
2022 $2,552 $44,500 $2,900 $41,600
2021 $2,500 $39,100 $3,900 $35,200
2020 $2,483 $37,700 $3,900 $33,800
2019 $2,339 $37,400 $3,900 $33,500
2018 $2,473 $34,600 $3,900 $30,700
2017 $2,354 $34,600 $3,900 $30,700
2016 $2,189 $34,000 $3,900 $30,100
2015 $2,189 $32,900 $7,849 $25,051
2014 $2,189 $32,700 $13,000 $19,700
Source: Public Records

Agents Affiliated with this Home

  • JR

    Seller's Agent in 2018

    June Rochon

    Real Estate One 1st

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 229165

Greater Lansing Association of Realtors®

APN: 01-01-16-456-071

Michigan Ingham County Lansing 48933 Downtown Lansing

534 Cherry St, Lansing, MI

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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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