NOT LISTED FOR SALE

5841 Orchard Ct Lansing, MI 48911

South Lansing Neighborhood

Estimated Value: $151,000 - $206,000

-- Bed
-- Bath
1,760 Sq Ft
$106/Sq Ft Est. Value

Last Sold June 23, 2020

Last sale price $87,000 $49 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,437/month

About This Home

As of June 2020

Investors special. Purpose built two unit, with two bedrooms on each side. Rental certificate issued by City of Lansing. Both units are occupied by long term tenants. Split utilities paid by tenants. Building has original furnaces. Price reflects the need for updates.Tenants are not to be disturbed for any reason. This includes exterior ''walk around'' inspections. Showings will be scheduled for Sundays between the hours of 1pm and 4pm.

Last Agent to Sell the Property

Aaron Fox

Century 21 Affiliated License #6506039678 Listed on: 05/29/2020

Century 21 Affiliated

Last Buyer's Agent

Jamie Masarik

Century 21 Affiliated License #6501398312

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x126.5

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 1,760 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Tax Year: 2019
  • Levels: One
  • Year Built: 1971
  • Lot Size Acres: 0.23
  • Lot Size: 80x126.5
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1760.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 80x126.5
  • General Property Info:Above Grade Finished Area: 1760.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Tax Info:Taxes2: 2861.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • 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

  • Construction Type: Aluminum Siding, Brick

Garage/Parking

  • Parking Features: Asphalt, No Garage
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:No Garage: Yes
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Jun 23, 2020
Sold by
Sermalk Daniel
Bought by
Dms Ltd Llc
Seller's Agent
Aaron Fox
Century 21 Affiliated
Buyer's Agent
Jamie Masarik
Century 21 Affiliated
List Price
$95,900
Sold Price
$87,000
Premium/Discount to List
-$8,900
-9.28%
Current Estimated Value
$185,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,899
Avg. Annual Appreciation
15.34%
Original Mortgage
$76,200
Outstanding Balance
$53,446
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$132,453

Purchase Details

Closed on
Jul 26, 2004
Sold by
Schmidt Family Trust
Bought by
Lenneman Brad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.08%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 27, 2004
Sold by
Schmidt Lance and Schmidt Cathy
Bought by
Nolan Brent and Schmidt Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.08%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 10, 1999
Sold by
Kateyiannis Christos G and Kateyiannis Vicki
Bought by
Schmidt Lance C and Schmidt Cathy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,800
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1992
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
Dms Ltd Llc -- None Available
Sermak Daniel $87,000 None Available
Lenneman Brad $125,000 Bell Title Company
Nolan Brent -- --
Schmidt Lance C $82,000 Midstate Title Company
-- $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sermak Daniel $76,200
Previous Owner Lenneman Brad $112,500
Previous Owner Schmidt Lance C $73,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2020 06/23/20 Sold $87,000 -9.3% $49 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $95,900 -- $54 / 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 $5,411 $106,000 $10,200 $95,800
2024 $45 $79,500 $10,200 $69,300
2023 $5,093 $70,300 $10,200 $60,100
2022 $4,651 $57,900 $9,400 $48,500
2021 $4,624 $57,100 $8,800 $48,300
2020 $3,323 $56,200 $8,800 $47,400
2019 $3,013 $48,100 $8,800 $39,300
2018 $2,861 $44,600 $8,800 $35,800
2017 $2,752 $44,600 $8,800 $35,800
2016 $2,642 $43,800 $8,800 $35,000
2015 $2,642 $42,800 $17,684 $25,116
2014 $2,642 $34,100 $21,765 $12,335
Source: Public Records

Agents Affiliated with this Home

  • Aaron Fox

    Seller's Agent in 2020

    Aaron Fox

    Century 21 Affiliated

    (517) 404-0050

    4 in this area

    93 Total Sales

    Aaron Fox
    Section Image

  • J

    Buyer's Agent in 2020

    Jamie Masarik

    Century 21 Affiliated

    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 246373

Greater Lansing Association of Realtors®

APN: 01-05-03-352-121

Michigan Ingham County Lansing 48911 South Lansing

5841 Orchard Ct, Lansing, MI

This home is located at 5841 Orchard Ct, Lansing, MI 48911 since 29 May 2020 and is currently estimated at $185,899, approximately $105 per square foot. This property was built in 1971. 5841 Orchard Ct is a home located in Ingham County with nearby schools including Kendon School, Attwood School, and Everett High School.

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