J
Seller's Agent in 2019
Jamie Bates
Berkshire Hathaway HomeServices
607 N Walnut St Lansing, MI 48933
Downtown Lansing NeighborhoodEstimated Value: $169,546 - $206,000
--
Bed
--
Bath
2,317
Sq Ft
$80/Sq Ft
Est. Value
Highlights
- 0.25 Acre Lot
- Forced Air Heating System
- 3-minute walk to Ferris Park
About This Home
As of September 2019Excellent investment property! 4 units with great rental history. Close to public transportation, LCC, Cooley Law School and Downtown Lansing. Ample parking!
Last Listed By
Jamie Bates
Berkshire Hathaway HomeServices License #6506047047 Listed on: 08/30/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1865
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 66x165
Home Design
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,317 Sq Ft Home
- 2-Story Property
- Fire and Smoke Detector
Basement
- Basement Fills Entire Space Under The House
- Michigan Basement
Parking
- 6 Parking Spaces
- No Garage
- Gravel Driveway
- Dirt Driveway
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $2,395
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $550
- Insurance Expense $132
- Manager Expense $200
- Other Expense $98
- Water Sewer Expense $400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 10, 2024
Sold by
Frandorson Properties
Bought by
Lotus One Llc
Total Days on Market
21
Current Estimated Value
Purchase Details
Listed on
Aug 30, 2019
Closed on
Oct 3, 2019
Sold by
Scout One Llc
Bought by
Frandorson Properties
Seller's Agent
Jamie Bates
Berkshire Hathaway HomeServices
Buyer's Agent
Non Member
Non Member Office
List Price
$134,900
Sold Price
$126,000
Premium/Discount to List
-$8,900
-6.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Purchase Details
Listed on
Aug 30, 2019
Closed on
Sep 25, 2019
Sold by
Blake A Weston and Blake Jill M Weston Rlt
Bought by
Scout One Llc
Seller's Agent
Jamie Bates
Berkshire Hathaway HomeServices
Buyer's Agent
Non Member
Non Member Office
List Price
$134,900
Sold Price
$126,000
Premium/Discount to List
-$8,900
-6.6%
Purchase Details
Closed on
Aug 24, 2016
Sold by
Weston Blake A and Weston Jill M
Bought by
Blake A Weston and Blake Jill M Weston Revocab
Purchase Details
Closed on
Oct 11, 2002
Sold by
Barnett Christopher P and Lester Judith A
Bought by
Weston Blake
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.18%
Purchase Details
Closed on
Mar 1, 1992
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 |
|---|---|---|---|
| Lotus One Llc | $255,000 | Transnation Title | |
| Frandorson Properties | -- | None Available | |
| Scout One Llc | $126,000 | Title Resource Agency | |
| Blake A Weston | -- | None Available | |
| Weston Blake | $135,000 | -- | |
| -- | $56,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Weston Blake | $121,500 | |
| Previous Owner | Barnett Christopher P | $30,200 | |
| Previous Owner | Barnett Christopher P | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2019 09/25/19 | Sold | $126,000 | -6.6% | $54 / Sq Ft |
| 09/20/2019 09/20/19 | Pending | -- | -- | -- |
| 08/30/2019 08/30/19 | For Sale | $134,900 | -- | $58 / 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 | $58 | $87,300 | $8,300 | $79,000 |
| 2023 | $6,765 | $78,700 | $8,300 | $70,400 |
| 2022 | $5,402 | $69,400 | $7,400 | $62,000 |
| 2021 | $5,279 | $66,200 | $8,300 | $57,900 |
| 2020 | $5,239 | $61,700 | $8,300 | $53,400 |
| 2019 | $4,259 | $55,900 | $8,300 | $47,600 |
| 2018 | $4,050 | $51,900 | $8,300 | $43,600 |
| 2017 | $3,893 | $51,900 | $8,300 | $43,600 |
| 2016 | $3,738 | $51,000 | $8,300 | $42,700 |
| 2015 | $3,738 | $49,500 | $16,500 | $33,000 |
| 2014 | $3,738 | $46,700 | $19,500 | $27,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2019
Non Member
Non Member Office
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 240350
APN: 01-01-16-104-091
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