R
Seller's Agent in 2024
Rooted Real Esta Of Greater Lansing
RE/MAX Michigan
(517) 339-8255
4 in this area
335 Total Sales
606 Shepard St Lansing, MI 48912
Hunter Park NeighborhoodEstimated Value: $132,000 - $167,000
--
Bed
--
Bath
1,568
Sq Ft
$99/Sq Ft
Est. Value
Highlights
- Boat Slip
- Covered patio or porch
- Forced Air Heating System
- Traditional Architecture
- Balcony
- 2-minute walk to Stabler Park
About This Home
As of February 2024Discover this beautifully maintained up-and-down duplex in the desirable Eastside area in a prime location within walking distance of the Michigan Corridor and situated between MSU and Downtown Lansing. Ideal for investors or homeowners seeking urban convenience coupled with residential charm. The upstairs unit was just renovated with new kitchen cabinets, countertops, kitchen flooring, fresh paint, and an updated bathroom. The downstairs features fresh paint in the Fall of 2023, new countertops, new kitchen and bathroom flooring, and a new bath surround. Both units also include stunning original wood flooring, large covered front porches, and separately metered utilities (2 furnaces, 2 water heaters, 2 electric meters). The downstairs unit is leased to a squeaky clean tenant (see MLS for rent information). Whether you're an investor or seeking a solid cash flow or a homeowner looking to subsidize your mortgage, this Eastside duplex is a rare find, merging modern amenities with an unbeatable location. The property has undergone a lead abatement and is licensed with the City of Lansing until Sept 2026. Seller is a licensed real estate broker in the State of Michigan.
Last Agent to Sell the Property
Rooted Real Esta Of Greater Lansing
RE/MAX Real Estate Professionals Listed on: 01/17/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,428
Year Built
- Built in 1925
Lot Details
- 3,267 Sq Ft Lot
- Lot Dimensions are 33x99
- Private Entrance
- Privacy Fence
- Wood Fence
Home Design
- Duplex
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- 1,568 Sq Ft Home
- 2-Story Property
- Fire and Smoke Detector
- Washer and Gas Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- 3 Parking Spaces
- Paved Parking
Outdoor Features
- Boat Slip
- Balcony
- Covered patio or porch
- Rain Gutters
Location
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Total Actual Rent $19,200
Community Details
Overview
- 2 Units
- Breiten Park Subdivision
Building Details
- Insurance Expense $711
- New Taxes Expense $2,428
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 29, 2024
Sold by
Badgley Douglas Edward
Bought by
Badgley Taciana
Total Days on Market
6
Current Estimated Value
Purchase Details
Listed on
Jan 17, 2024
Closed on
Feb 8, 2024
Sold by
Osmar Steven J and Osmar Mary A
Bought by
Badgley Douglas
Seller's Agent
Rooted Real Esta Of Greater Lansing
RE/MAX Real Estate Professionals
Buyer's Agent
Gary Newton
RE/MAX Real Estate Professionals
List Price
$156,500
Sold Price
$156,500
Views
37
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.53%
Original Mortgage
$93,900
Interest Rate
5.89%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Badgley Taciana | -- | None Listed On Document | |
| Badgley Taciana | -- | None Listed On Document | |
| Badgley Douglas | $156,500 | Ata National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Badgley Douglas | $93,900 | |
| Previous Owner | Osmar Steven J | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/08/2024 02/08/24 | Sold | $156,500 | 0.0% | $100 / Sq Ft |
| 01/23/2024 01/23/24 | Pending | -- | -- | -- |
| 01/17/2024 01/17/24 | For Sale | $156,500 | -- | $100 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $20 | $54,200 | $3,000 | $51,200 |
| 2023 | $2,428 | $43,900 | $3,000 | $40,900 |
| 2022 | $2,226 | $36,900 | $2,400 | $34,500 |
| 2021 | $2,176 | $34,100 | $2,700 | $31,400 |
| 2020 | $2,159 | $32,400 | $2,700 | $29,700 |
| 2019 | $2,079 | $27,200 | $2,700 | $24,500 |
| 2018 | $1,977 | $24,300 | $2,700 | $21,600 |
| 2017 | $1,900 | $24,300 | $2,700 | $21,600 |
| 2016 | $1,836 | $23,900 | $2,700 | $21,200 |
| 2015 | $1,836 | $23,100 | $5,395 | $17,705 |
| 2014 | $1,836 | $22,900 | $5,395 | $17,505 |
Source: Public Records
Agents Affiliated with this Home
-
Rooted Real Esta Of Greater Lansing
-
Steve Osmar
Seller Co-Listing Agent in 2024
Steve Osmar
RE/MAX Michigan
(517) 896-7585
5 in this area
88 Total Sales
-
Gary Newton
Buyer's Agent in 2024
Gary Newton
RE/MAX Michigan
(517) 410-8307
7 in this area
707 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 278148
APN: 01-01-15-484-141
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Copyright © 2025 Greater Lansing Association of REALTORS®
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