NOT LISTED FOR SALE

Estimated Value: $99,000 - $152,486

3 Beds
4 Baths
2,980 Sq Ft
$41/Sq Ft Est. Value

Last Sold December 12, 2024

Last sale price $105,000 $35 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $745/month

24 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • 3-minute walk to Under the Oaks
  • Private Entrance

About This Home

As of December 2024

Highest & best by 6pm on 10/17/24. A spacious, nearly 3,000 sq. ft. multi-family home is an ideal investment opportunity or perfect for owner-occupants looking to have rental income offset their mortgage. Unit 1 is vacant featuring 3 generously sized bedrooms, 1 bath, high ceilings, and exclusive access to a full basement—perfect for additional storage or a workshop. Units 2 and 3 are both tenant-occupied under leases until March 2025, offering immediate rental income. Unit 2 has 2 bedrooms and 1 bath, while Unit 3 is a cozy 1 bedroom, 1 bath unit. The property offers off-street parking and Unit 1 is ready for you to call home, with only a couple of bedrooms in need of new flooring. Or fully invest in this income-generating property for a great return on your investment.

Last Agent to Sell the Property

Elizabeth McGee

Real Broker LLC License #6501438912 Listed on: 09/26/2024

Real Broker LLC

Last Buyer's Agent

Jamey Curry

Bellabay Realty, LLC License #6501448390

Bellabay Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Private Entrance

Home Design

  • Aluminum Siding

Interior Spaces

  • 2,980 Sq Ft Home
  • 2-Story Property

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 3 Parking Spaces
  • Driveway
  • Additional Parking

Location

  • City Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Tax Year: 2023
  • Levels: Two
  • Year Built: 1910
  • Lot Size Acres: 0.15
  • Lot Size: undefinedxundefined
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2980.0
  • General Property Info:Lot Size Dimensions: undefinedxundefined
  • General Property Info:Above Grade Finished Area: 2980.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Laundry Features:In Basement: Yes
  • Sewer:Public Sewer: Yes
  • Tax Info:Taxes2: 3274.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: Multi-Unit
  • General Property Info:_pound_ of Units: 3
  • Cooling:WallWindow Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walk-Out Access
  • Heating: Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • ExteriorFeatures: Private Entrance
  • Lot Features: City Lot
  • RoadSurfaceType: Paved
  • Construction Type: Aluminum Siding
  • Lot Features:City Lot: Yes
  • Exterior Features:Private Entrance: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • Parking Features: Additional Parking, Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Additional Parking: Yes
  • Misc Business Info:_pound_ Parking: 3
  • General Property Info:Parking Total: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • LaundryFeatures: In Basement
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Jackson

Lot Info

  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Carrier Route: 1777

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2017
Sold by
Hochsettler A Dale
Bought by
Hochestsettler A Dale and A Dale Hochstettler 2017 Trust
Current Estimated Value
$120,351

Purchase Details

Closed on
Jan 4, 2014
Sold by
Principal Assets Llc
Bought by
Hochstettler A Dale

Purchase Details

Closed on
Jan 20, 2003
Sold by
J & C Real Estate Llc
Bought by
Principal Assets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,944
Interest Rate
8%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 20, 2001
Sold by
First National Bank Of America
Bought by
Fuller Jessie Edward and Fuller Christy Agnes
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hochestsettler A Dale -- None Available
Hochstettler A Dale -- None Available
Principal Assets Llc $89,900 Mst
Fuller Jessie Edward $44,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Principal Assets Llc $61,944
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2024 12/12/24 Sold $105,000 -8.7% $35 / Sq Ft
10/20/2024 10/20/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $115,000 +53.3% $39 / Sq Ft
08/01/2022 08/01/22 Sold $75,000 -6.1% -- View Prior Sale
08/01/2022 08/01/22 Pending -- -- --
11/08/2021 11/08/21 For Sale $79,900 -- --
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 $3,692 $57,600 $0 $0
2024 $30 $55,000 $0 $0
2023 $2,835 $47,400 $0 $0
2022 $1,281 $38,700 $0 $0
2021 $1,267 $35,250 $0 $0
2020 $1,252 $32,050 $0 $0
2019 $1,218 $20,600 $0 $0
2018 $1,162 $17,100 $0 $0
2017 $1,065 $16,600 $0 $0
2016 $1,002 $18,000 $18,000 $0
2015 $1,194 $20,500 $20,500 $0
2014 $1,194 $19,250 $19,250 $0
2013 -- $19,250 $19,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 283795

Greater Lansing Association of Realtors®

APN: 4-040100000