NOT LISTED FOR SALE

5867 S Martin Luther King jr Blvd Lansing, MI 48911

South Lansing Neighborhood

Estimated Value: $61,000 - $106,000

2 Beds
1 Bath
1,248 Sq Ft
$72/Sq Ft Est. Value

Last Sold June 26, 2018

Last sale price $23,500 $19 Per Sq Ft

Est. 284% increase in value since last sale

Current estimated payment $642/month

Highlights

  • Deck
  • Covered Patio or Porch
  • Forced Air Heating System
  • Ranch Style House
  • Living Room
  • Dining Room

About This Home

As of June 2018

READY TO GO INCOME PROPERTY! Looking for a 2 bedroom, excellent renters already in place (pays $600/mo. regularly), low maintenance, income property???! Look no further!! Home was resided 2 yrs ago. Nice Yard!! Potential space to adding garage, patio or storage building! Only pre-qualified buyers allowed to see home. Renters will be present, and has a dog. Seller lives out of state, and only reason for selling!! Excellent Income Opportunity!!

Last Agent to Sell the Property

Laura DeLong

DeLong and Co. License #6502382220 Listed on: 01/12/2018

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 55x168

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • Valleau City Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Investment
  • Tax Year: 2016
  • Levels: One
  • Year Built: 1940
  • Lot Size Acres: 0.21
  • Lot Size: 55x168
  • Subdivision Name: Valleau City
  • Above Grade Finished Sq Ft: 624.0
  • Architectural Style: Ranch
  • Living Area: 1248.0
  • General Property Info:Lot Size Dimensions: 55x168
  • General Property Info:Above Grade Finished Area: 624.0
  • General Property Info:Total Livable Area: 1248.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • General Property Info:Building Area Total SqFt: 1248.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Laminate Counters
  • Total Bedrooms: 2
  • Room: 5
  • Property Type: Residential
  • Full Bathrooms: 1
  • Below Grade Sq Ft: 624.0
  • Full Basement: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:None3: Yes

Exterior Features

  • Roof: Shingle
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Electric Water Heater
  • 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: 9147.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 3552
  • Tax Annual Amount: 1258.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2019
Sold by
Gold Star Investments Llc
Bought by
Jat Muhammad Tasleem
Current Estimated Value
$90,337

Purchase Details

Listed on
Jan 12, 2018
Closed on
Jun 26, 2018
Sold by
Beam Barbara E
Bought by
Gold Star Investments Llc
Seller's Agent
Laura DeLong
DeLong and Co.
Buyer's Agent
Non Member
Non Member Office
List Price
$39,900
Sold Price
$23,500
Premium/Discount to List
-$16,400
-41.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.35%

Purchase Details

Closed on
May 20, 2013
Sold by
Donovan Shaun
Bought by
Beam Barbara E

Purchase Details

Closed on
Jan 15, 2013
Sold by
Jpmorgan Chase Bank N A
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Nov 1, 2012
Sold by
Crookxs Heather K
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Sep 27, 2002
Sold by
Croff Barry M and Croff Elisa C
Bought by
Crooks Heather K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,640
Interest Rate
6.06%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 2002
Sold by
Lansing Area Property Enterprises
Bought by
Croff Barry M and Croff Elisa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,640
Interest Rate
6.06%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 2002
Sold by
Holmes Brayzle C and Holmes Iris J
Bought by
Lansing Area Property Enterprises

Purchase Details

Closed on
Nov 22, 1995
Bought by
Croff Barry M and Croff Elisa C

Purchase Details

Closed on
Jun 19, 1988
Sold by
Holmes Brayzel C and Holmes Iris J
Bought by
Lansing Area Property Enterprises
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
Jat Muhammad Tasleem $25,000 None Available
Gold Star Investments Llc $23,500 Bell Title Agency
Beam Barbara E $14,500 None Available
The Secretary Of Hud -- None Available
Jpmorgan Chase Bank Na $10,400 None Available
Crooks Heather K $44,100 Chicago Title Of Michigan In
Croff Barry M $27,500 Chicago Title Of Michigan In
Lansing Area Property Enterprises $15,000 --
Croff Barry M $27,500 --
Lansing Area Property Enterprises $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crooks Heather K $43,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2018 06/26/18 Sold $23,500 -41.1% $19 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $39,900 -- $32 / 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 $1,955 $32,300 $7,700 $24,600
2024 $16 $29,100 $7,700 $21,400
2023 $1,841 $26,900 $7,700 $19,200
2022 $1,684 $23,800 $7,700 $16,100
2021 $1,645 $21,200 $5,100 $16,100
2020 $1,633 $19,600 $5,100 $14,500
2019 $1,506 $18,700 $5,100 $13,600
2018 $1,245 $17,000 $5,100 $11,900
2017 $1,197 $17,000 $5,100 $11,900
2016 $2,270 $15,600 $5,100 $10,500
2015 $2,270 $14,900 $10,144 $4,756
2014 $2,270 $15,900 $15,780 $120
Source: Public Records

Agents Affiliated with this Home

  • Laura DeLong

    Seller's Agent in 2018

    Laura DeLong

    DeLong and Co.

    (517) 663-2710

    4 in this area

    250 Total Sales

    Laura DeLong
    Section Image

  • N

    Buyer's Agent in 2018

    Non Member

    Non Member Office

See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 222718

Greater Lansing Association of Realtors®

APN: 01-05-05-376-001

Michigan Ingham County Lansing 48911 South Lansing

5867 S Martin Luther King jr Blvd, Lansing, MI

This home is located at 5867 S Martin Luther King jr Blvd, Lansing, MI 48911 since 12 January 2018 and is currently estimated at $90,337, approximately $72 per square foot. This property was built in 1940. 5867 S Martin Luther King jr Blvd is a home located in Ingham County with nearby schools including Reo Elementary School, Attwood School, and Everett High School.

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