Seller's Agent in 2022
Peter MacIntyre
RE/MAX Michigan
(517) 256-6664
14 in this area
464 Total Sales
611 N Pine St Lansing, MI 48933
Downtown Lansing NeighborhoodEstimated Value: $100,000 - $133,000
Studio
--
Bath
1,762
Sq Ft
$64/Sq Ft
Est. Value
About This Home
As of January 2022Check out this long term money maker that is part of a large portfolio of rental homes being sold. The home is in great condition with newer vinyl siding and windows as well as 2 solid tenants. The home has passed a City of Lansing home inspection and has a current rental license. All utilities are separate including water, which is quite rare, and paid by the tenants.
At least 48 hour notice is needed for showings and tenants may be present.
Last Agent to Sell the Property
RE/MAX Real Estate Professionals License #6506040989 Listed on: 11/10/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1897
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 33x165
Home Design
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,762 Sq Ft Home
- 2-Story Property
Parking
- 2 Car Garage
- No Garage
Location
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Total Actual Rent $13,800
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $445
- Maintenance Expense $1,600
- New Taxes Expense $2,535
- Net Operating Income $9,220
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 10, 2021
Closed on
Jan 13, 2022
Sold by
Bought by
Seller's Agent
Peter MacIntyre
RE/MAX Real Estate Professionals
Buyer's Agent
Donovan Thomas
Five Star Real Estate - Lansing
List Price
$99,900
Sold Price
$70,000
Premium/Discount to List
-$29,900
-29.93%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,081
Avg. Annual Appreciation
11.08%
Original Mortgage
$52,500
Outstanding Balance
$47,946
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$64,135
Purchase Details
Closed on
Jun 12, 2008
Sold by
Bought by
Purchase Details
Closed on
May 5, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 30, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 16, 2004
Sold by
Bought by
Purchase Details
Closed on
Jun 4, 1987
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $70,000 | None Listed On Document | ||
| $64,175 | None Available | ||
| -- | -- | ||
| -- | Tnt | ||
| $64,000 | Transnation | ||
| $50,000 | Transnation | ||
| -- | -- | ||
| $20,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $52,500 | ||
| Previous Owner | $80,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/13/2022 01/13/22 | Sold | $70,000 | -29.9% | $40 / Sq Ft |
| 12/02/2021 12/02/21 | Pending | -- | -- | -- |
| 11/10/2021 11/10/21 | For Sale | $99,900 | -- | $57 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,858 | $59,800 | $4,100 | $55,700 |
| 2024 | $37 | $56,700 | $4,100 | $52,600 |
| 2023 | $4,312 | $51,000 | $4,100 | $46,900 |
| 2022 | $2,614 | $37,500 | $4,500 | $33,000 |
| 2021 | $2,554 | $36,200 | $5,800 | $30,400 |
| 2020 | $2,535 | $34,200 | $5,800 | $28,400 |
| 2019 | $2,443 | $31,100 | $5,800 | $25,300 |
| 2018 | $2,322 | $28,800 | $5,800 | $23,000 |
| 2017 | $2,232 | $28,800 | $5,800 | $23,000 |
| 2016 | $2,203 | $28,300 | $5,800 | $22,500 |
| 2015 | $2,203 | $27,600 | $11,550 | $16,050 |
| 2014 | $2,203 | $28,000 | $17,000 | $11,000 |
Source: Public Records
Agents Affiliated with this Home
-
Peter MacIntyre
-
Jeffrey Kelley
Seller Co-Listing Agent in 2022
Jeffrey Kelley
RE/MAX Michigan
(517) 999-2675
1 in this area
49 Total Sales
-
Donovan Thomas
Buyer's Agent in 2022
Donovan Thomas
Five Star Real Estate - Lansing
(517) 881-0952
2 in this area
93 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 261060
APN: 01-01-16-102-111
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for Consumers'
personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2026 Greater Lansing Association of REALTORS®
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