NOT LISTED FOR SALE

614 W Willoughby Rd Lansing, MI 48911

South Lansing Neighborhood

Estimated Value: $146,000 - $186,000

-- Bed
-- Bath
1,244 Sq Ft
$136/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $87,500 $70 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,227/month

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • Fenced
  • Window Unit Cooling System
  • High Speed Internet

About This Home

As of September 2019

614 & 616 W Willoughby Rd. 2 unit - One 2 bedroom, 1 bath with private drive and covered parking. One 1 bedroom, 1 bath with private patio and garage. New roof and shingles has been installed. Some minor repairs are needed. This is a real opportunity for a nice investment.

Last Agent to Sell the Property

Bob Garchow

Real Estate One 1st License #6502357682 Listed on: 06/19/2019

Real Estate One 1st

Last Buyer's Agent

Bob Garchow

Real Estate One 1st License #6502357682 Listed on: 06/19/2019

Real Estate One 1st

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 9,235 Sq Ft Lot
  • Lot Dimensions are 70x132
  • Fenced

Home Design

  • Duplex
  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,244 Sq Ft Home
  • Crawl Space
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Private Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 2 Units
  • South Haven Subdivision

Listing and Financial Details

  • Total Actual Rent $1,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Gross Rent: 1300.0
  • Tax Year: 2019
  • Levels: One
  • Year Built: 1958
  • Lot Size Acres: 0.21
  • Lot Size: 70x132
  • Subdivision Name: South Haven
  • Above Grade Finished Sq Ft: 1244.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 70x132
  • General Property Info:Above Grade Finished Area: 1244.0
  • Sewer:Public Sewer: Yes
  • Utilities:High Speed Internet Available: Yes
  • Cooling:Window Unit(s): Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced: Yes
  • Tax Info:Taxes2: 2995.0
  • Tax Info:Zoning3: Multi-Family
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Asphalt, Private
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:Private6: Yes
  • General Property Info:Parking Total: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Utilities: High Speed Internet Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Holt/Dimondale

Lot Info

  • Lot Size Sq Ft: 9234.72
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2019
Closed on
Sep 6, 2019
Sold by
Cushion Gregory W
Bought by
Martinez Orlando S and Martinez Rutledge J
Seller's Agent
Bob Garchow
Real Estate One 1st
Buyer's Agent
Bob Garchow
Real Estate One 1st
List Price
$92,500
Sold Price
$87,500
Premium/Discount to List
-$5,000
-5.41%
Current Estimated Value
$169,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,935
Avg. Annual Appreciation
11.50%
Original Mortgage
$74,375
Outstanding Balance
$49,835
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$119,600
Source: Public Records

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
Martinez Orlando S $87,500 Transnation Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Orlando S $74,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $87,500 -5.4% $70 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $92,500 -- $74 / 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
2025 $3,946 $79,200 $11,900 $67,300
2024 $23 $75,900 $11,900 $64,000
2023 $3,705 $68,600 $11,900 $56,700
2022 $3,354 $60,000 $11,900 $48,100
2021 $3,284 $51,600 $8,200 $43,400
2020 $3,323 $48,700 $8,200 $40,500
2019 $3,145 $44,700 $8,200 $36,500
2018 $3,123 $37,000 $8,200 $28,800
2017 $3,005 $37,000 $8,200 $28,800
2016 $2,894 $36,400 $8,200 $28,200
2015 $2,894 $35,100 $16,313 $18,787
2014 $2,894 $34,300 $21,751 $12,549
Source: Public Records

Agents Affiliated with this Home

  • Bob Garchow

    Seller's Agent in 2019

    Bob Garchow

    Real Estate One 1st

    (517) 243-2121

    23 Total Sales

    Bob Garchow
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 236962

Greater Lansing Association of Realtors®

APN: 01-05-09-356-021

Michigan Ingham County Lansing 48842 South Lansing

614 W Willoughby Rd, Lansing, MI

This home is located at 614 W Willoughby Rd, Lansing, MI 48911 since 19 June 2019 and is currently estimated at $169,435, approximately $136 per square foot. This property was built in 1958. 614 W Willoughby Rd is a home located in Ingham County with nearby schools including Horizon Elementary School, Washington Woods Middle School, and Holt Junior High School.

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