NOT LISTED FOR SALE

5521 W Michigan Ave Lansing, MI 48917

Estimated Value: $229,955 - $259,000

3 Beds
2 Baths
2,048 Sq Ft
$120/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $146,000 $71 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,702/month

6 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • High Speed Internet
  • Covered Patio or Porch

About This Home

As of June 2019

Very well maintained side by side duplex with seperate utilities in desirable Waverly school district. All newer appliances and updated kitchen and baths.

Last Agent to Sell the Property

Lynn Stuart

Stuart & Associates Real Estate LLC License #6502321602 Listed on: 04/23/2019

Last Buyer's Agent

Chad Dutcher

RE/MAX Real Estate Professionals License #6506041503

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,597

Year Built

  • Built in 1969

Lot Details

  • 0.28

Parking

  • 4 Parking Spaces

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,048 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Covered Patio or Porch
  • 0.28 Acre Lot

Listing and Financial Details

  • Total Actual Rent $21,000

Community Details

Overview

  • 2 Units
  • Homestead Subdivision

Building Details

  • New Taxes Expense $3,498

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,597

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Gross Rent: 21000.0
  • Tax Year: 2018
  • Levels: One
  • Year Built: 1969
  • Lot Size Acres: 0.28
  • Lot Size: undefinedxundefined
  • Subdivision Name: Homestead
  • Above Grade Finished Sq Ft: 2048.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: undefinedxundefined
  • General Property Info:Above Grade Finished Area: 2048.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Tax Info:Taxes2: 3597.0
  • Tax Info:Zoning3: Multi-Family
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Side by Side Duplex
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Tax Expense2: 3498.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Covered
  • Construction Type: Aluminum Siding, Brick
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Waverly

Lot Info

  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 2517

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2019
Closed on
Jun 14, 2019
Sold by
Foreback Kimberly K and Foreback Danny L
Bought by
Mehigh Kevin M and Mehigh Lori A
Seller's Agent
Lynn Stuart
Stuart & Associates Real Estate LLC
Buyer's Agent
Chad Dutcher
RE/MAX Real Estate Professionals
List Price
$148,000
Sold Price
$146,000
Premium/Discount to List
-$2,000
-1.35%
Current Estimated Value
$244,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,989
Avg. Annual Appreciation
8.59%
Original Mortgage
$102,200
Outstanding Balance
$79,400
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$165,589

Purchase Details

Closed on
May 25, 2007
Sold by
Foreman Scott and Foreman Janet
Bought by
Foreback Kimberly K and Foreback Danny L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,590
Interest Rate
6.21%
Mortgage Type
Stand Alone Second
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
Mehigh Kevin M $146,000 Ata National Title Group Llc
Foreback Kimberly K $135,900 Tri Title Agency Llc
Foreman Scott $95,000 Tri Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehigh Kevin M $102,200
Previous Owner Foreman Scott $13,590
Closed Foreman Scott $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $146,000 -1.4% $71 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $148,000 -- $72 / 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 $4,836 $105,500 $0 $0
2024 $2,741 $93,800 $0 $0
2023 $2,610 $87,700 $0 $0
2022 $4,245 $77,400 $0 $0
2021 $4,074 $72,200 $0 $0
2020 $4,019 $69,300 $0 $0
2019 $3,685 $142,328 $0 $0
2018 $3,598 $63,200 $0 $0
2017 $3,530 $63,200 $0 $0
2016 -- $61,200 $0 $0
2015 -- $61,200 $0 $0
2014 -- $58,800 $0 $0
2013 -- $60,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lynn Stuart

    Stuart & Associates Real Estate LLC

    (517) 339-4663

    34 Total Sales

    Lynn Stuart
    Section Image
  • Chad Dutcher

    Buyer's Agent in 2019

    Chad Dutcher

    RE/MAX Michigan

    (517) 214-8484

    7 in this area

    139 Total Sales

    Chad Dutcher
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 235662

Greater Lansing Association of Realtors®

APN: 040-055-500-720-00

Michigan Eaton County Lansing 48917

5521 W Michigan Ave, Lansing, MI

This home is located at 5521 W Michigan Ave, Lansing, MI 48917 since 23 April 2019 and is currently estimated at $244,989, approximately $119 per square foot. This property was built in 1969. 5521 W Michigan Ave is a home located in Eaton County with nearby schools including Waverly Senior High School, Greater Lansing Adventist School, and New Covenant Christian School.

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