NOT LISTED FOR SALE

5400 S Waverly Rd Lansing, MI 48911

Estimated Value: $141,000 - $217,336

5 Beds
3 Baths
1,800 Sq Ft
$103/Sq Ft Est. Value

Last Sold January 09, 2024

Last sale price $159,900 $89 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,402/month

5 Days on Market

About This Home

As of January 2024

Holt schools! Three units consisting of one single family (2/1) and a duplex (2/1 & 1/1). All units are purpose built with split utilities.
The single family and the 2/1 duplex unit are both vacant and rent ready.
Perfect opportunity for an owner occupant to live in the single family property while renting out the duplex. 5% down conventional loans are available for owner occupants of 2-4 unit properties!
Opportunity to purchase additional duplexes on Phoenix may be a possibility.

Last Agent to Sell the Property

Gabriel Lopez

Trubrook, LLC License #6501290002 Listed on: 11/30/2023

Last Buyer's Agent

Dana Zecchino

Berkshire Hathaway HomeServices License #6501387265

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,086

Year Built

  • Built in 1942

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 76x200

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry in unit

Parking

  • 6 Parking Spaces
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,086

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Tax Year: 2022
  • Levels: One
  • Year Built: 1942
  • Lot Size Acres: 0.35
  • Lot Size: 76x200
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1800.0
  • General Property Info:Lot Size Dimensions: 76x200
  • General Property Info:Above Grade Finished Area: 1800.0
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Exterior:Vinyl Siding: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 3086.0
  • Tax Info:Zoning3: Multi-Family
  • General Property Info:Building 1 Description: 5400 S Waverly
  • General Property Info:_pound_ of Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Basement:Crawl Space: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 6.0
  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • General Property Info:Parking Total: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: In Unit, Other
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Holt/Dimondale

Lot Info

  • Lot Size Sq Ft: 15202.44
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Carrier Route: 3304

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Jan 9, 2024
Sold by
Tilia Tree Capital Llc
Bought by
Hannah Eric M and Hannah Tamara L
Seller's Agent
Gabriel Lopez
Trubrook, LLC
Buyer's Agent
Dana Zecchino
Berkshire Hathaway HomeServices
List Price
$159,900
Sold Price
$159,900
Views
35
Current Estimated Value
$185,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,900
Avg. Annual Appreciation
9.59%
Original Mortgage
$119,925
Outstanding Balance
$118,142
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$67,002

Purchase Details

Listed on
Jun 30, 2022
Closed on
Jun 28, 2022
Sold by
1315 Homes Llc
Bought by
Tilia Tree Capital Llc
Seller's Agent
Eric Holz
Coldwell Banker Professionals-Delta
Buyer's Agent
Gabriel Lopez
Trubrook, LLC
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.64%

Purchase Details

Listed on
Jun 30, 2022
Closed on
May 25, 2022
Sold by
5400 Waverly Llc
Bought by
1315 Homes Llc
Seller's Agent
Eric Holz
Coldwell Banker Professionals-Delta
Buyer's Agent
Gabriel Lopez
Trubrook, LLC
List Price
$120,000
Sold Price
$120,000

Purchase Details

Listed on
Feb 6, 2017
Closed on
May 30, 2017
Sold by
5400 Waverly Llc
Bought by
1315 Homes Llc
Seller's Agent
Steve Dalman
Dalman Realty
Buyer's Agent
Steve Dalman
Dalman Realty
List Price
$55,500
Sold Price
$52,000
Premium/Discount to List
-$3,500
-6.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.89%

Purchase Details

Closed on
Jan 2, 2009
Sold by
Ausel Harty J and Ausel Sarah
Bought by
5400 Waverly Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,200
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2006
Sold by
Koesterer Albert
Bought by
Us Bank Na

Purchase Details

Closed on
Mar 15, 2006
Sold by
Badalyan Nikolay and Minasyan Karina
Bought by
Haney Rob

Purchase Details

Closed on
Nov 23, 2005
Sold by
Badalyan Nikolay
Bought by
Haney Rob
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
Hannah Eric M $159,900 Liberty Title
Tilia Tree Capital Llc $120,000 Diversified National Title
1315 Homes Llc $52,000 None Listed On Document
1315 Homes Llc -- Attorney
5400 Waverly Llc -- None Available
Us Bank Na $143,557 None Available
Haney Rob $65,500 None Available
Badalyan Nikolay $500,000 None Available
Haney Rob -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hannah Eric M $119,925
Previous Owner 5400 Waverly Llc $49,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2024 01/09/24 Sold $159,900 0.0% $89 / Sq Ft
11/30/2023 11/30/23 For Sale $159,900 +33.3% $89 / Sq Ft
06/28/2022 06/28/22 Sold $120,000 0.0% $200 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $120,000 +130.8% $200 / Sq Ft
05/30/2017 05/30/17 Sold $52,000 -6.3% $29 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $55,500 -- $31 / 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 $4,988 $69,900 $0 $0
2024 $7,702 $64,000 $0 $0
2023 $7,702 $54,200 $0 $0
2022 $3,086 $50,200 $0 $0
2021 $2,495 $44,300 $0 $0
2020 $2,582 $38,800 $0 $0
2019 $2,516 $34,500 $0 $0
2018 $2,454 $27,200 $0 $0
2017 $2,104 $26,300 $0 $0
2016 $886 $25,500 $0 $0
2015 -- $25,200 $0 $0
2014 -- $25,000 $0 $0
2013 -- $25,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 277565

Greater Lansing Association of Realtors®

APN: 235-080-012-800-21