NOT LISTED FOR SALE

614 - 616 N Hagadorn Rd East Lansing, MI 48823

Estimated Value: $282,598 - $355,000

6 Beds
4 Baths
2,352 Sq Ft
$141/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $292,500 $124 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,843/month

5 Days on Market

Highlights

  • Front Porch
  • Carpet
  • Heating System Uses Natural Gas
  • Marble Elementary School Rated A-

About This Home

As of March 2022

Incredible investment opportunity, 2 duplex's (614/616 N Hagadorn & 1503/1505 Snyder) for sale. They must be purchased as a package. Both properties are licensed for 3 unrelated with the City of East Lansing for each side of each duplex. All utilities are tenants responsibility. There are some newer appliances in the units. Leases are Current with Rent at $1,500 per side.

Last Listed By

Dave Ledebuhr

Musselman Realty Company License #6502109685 Listed on: 02/19/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,999

Year Built

  • Built in 1977

Lot Details

  • 7,667 Sq Ft Lot
  • Lot Dimensions are 63 x 121.5

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,352 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Carpet

Basement

  • Exterior Basement Entry
  • Shared Basement
  • Crawl Space

Parking

  • 6 Parking Spaces
  • Private Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Front Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 2 Units
  • Grandview Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,999

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Tax Year: 21
  • Registered Licenses for Unrelated Occupants: 6
  • Unit Information License Register Exp: 2022-06-28
  • Levels: Two
  • Year Built: 1977
  • Lot Size Acres: 0.18
  • Lot Size: 63 x 121.5
  • Subdivision Name: Grandview
  • Above Grade Finished Sq Ft: 2352.0
  • General Property Info:Lot Size Dimensions: 63 x 121.5
  • General Property Info:Above Grade Finished Area: 2352.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Flooring:Carpet: Yes
  • Foundation Details:Block4: Yes
  • Electric:_one_00 Amp Service: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 6999.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 2 Story Duplex
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Exterior Entry, Shared
  • Heating: Natural Gas
  • Flooring: Carpet
  • Property Type: Resid/Multi-Family
  • Window Features: Aluminum Frames, Blinds
  • Basement:Exterior Entry: Yes
  • Basement:Crawl Space: Yes
  • Basement:Shared: Yes

Exterior Features

  • Roof: Shingle
  • Foundation Details: Block
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt
  • Patio And Porch Features: Front Porch
  • Construction Type: Aluminum Siding
  • Patio Porch Features:Front Porch: Yes
  • Window Features:Blinds: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Parking Features: Driveway, Paved, Private
  • Attached Garage: No
  • Parking Features:Private6: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes
  • General Property Info:Parking Total: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 100 Amp Service
  • LaundryFeatures: None
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 7666.56
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2020
Sold by
Grifin Amy Lee
Bought by
Griffin Jason Jeremy
Total Days on Market
5
Current Estimated Value
$330,900

Purchase Details

Closed on
Dec 30, 1999
Sold by
Salinas Josefa and Salinas Timothy
Bought by
Griffin Jason J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1997

Purchase Details

Closed on
May 1, 1996

Purchase Details

Closed on
Dec 1, 1986

Range of Values:

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Average Value
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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
Griffin Jason Jeremy -- None Available
Griffin Jason J $150,000 --
-- $136,000 --
-- $120,000 --
-- $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gistinger Maria $219,375
Previous Owner Griffin Jason J $141,800
Previous Owner Griffin Jason J $140,000
Previous Owner Griffin Jason J $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $292,500 0.0% $124 / Sq Ft
02/18/2022 02/18/22 For Sale $292,500 -- $124 / 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
2024 $96 $155,500 $20,000 $135,500
2023 $10,273 $140,000 $17,200 $122,800
2022 $7,149 $122,000 $14,900 $107,100
2021 $7,000 $118,800 $14,100 $104,700
2020 $6,918 $118,800 $14,100 $104,700
2019 $6,673 $98,300 $15,300 $83,000
2018 $7,534 $95,500 $11,100 $84,400
2017 $6,850 $94,500 $11,200 $83,300
2016 -- $94,500 $10,800 $83,700
2015 -- $87,400 $19,896 $67,504
2014 -- $87,400 $19,896 $67,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 262830

Greater Lansing Association of Realtors®

APN: 20-02-17-104-024