NOT LISTED FOR SALE

616 Cherry St Lansing, MI 48933

Downtown Lansing Neighborhood

Estimated Value: $153,000 - $178,000

Studio
1 Bath
1,502 Sq Ft
$111/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2023

Last sale price $167,000 $111 Per Sq Ft

Current estimated payment $1,297 / mo

28 Days on Market

Highlights

  • Forced Air Heating System
  • Ceiling Fan
  • 2-minute walk to Cherry Hill Park

About This Home

As of October 2023

This delightful duplex presents a unique opportunity in the heart of Lansing area close to Cooley Law School, State Capital, Sparrow Hospital and minutes to MSU. Comprising two distinct living spaces, it's an ideal setup for both investors and homeowners seeking flexibility and potential rental income. The main-level unit exudes a sense of modern comfort with its cozy fireplace, beautifully updated kitchen and bath complete with sleek finishes and contemporary amenities. . Upstairs, the second-level unit boasts two bedrooms, a functional economy kitchen and bathroom. The duplex's layout ensures both privacy and easy accessibility. Located in a prime area, residents will appreciate the convenience of nearby amenities. MOTIVATED SELLER Don't miss the possibilities this property has to offer!

Last Agent to Sell the Property

Amy Jackson

Coldwell Banker Professionals-E.L. License #6501394590 Listed on: 08/18/2023

Coldwell Banker Professionals-E.L.

Last Buyer's Agent

Bradley Frary

RE/MAX Real Estate Professionals License #6502384889

RE/MAX Real Estate Professionals

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • Lot Dimensions are 46x42

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,502 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Total Actual Rent $24,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Resid/Multi-Family
  • Year Built: 1906
  • Above Grade Finished Sq Ft: 1502.0
  • General Property Info:Lot Size Dimensions: 46x42
  • General Property Info:Above Grade Finished Area: 1502.0
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Forced Air
  • Levels: Two
  • Full Basement: Yes
  • Levels:Two2: Yes

Exterior Features

  • Construction Type: Brick
  • Exterior:Brick: Yes

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • General Property Info:Parking Total: n/a

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s)
  • LaundryFeatures: None
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:Ceiling Fan(s)2: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size: 46x42
  • Land Acreage:Up to 14 Acre: Yes
  • Laundry Features:None16: Yes

Multi Family

  • Registered Licenses for Unrelated Occupants: cr22-0140
  • Unit Information License Register Exp: 2024-12-31
  • Number Of Units Total: 2

Tax Info

  • Tax Carrier Route: 2404
  • Tax Info:Taxable Value: 38612.0
  • Tax Info:State Eq Value: 43900.0

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
Aug 18, 2023
Closed on
Oct 18, 2023
Sold by
Bought by
Seller's Agent
Amy Jackson
Coldwell Banker Professionals-E.L.
Buyer's Agent
Bradley Frary
RE/MAX Real Estate Professionals
List Price
$195,000
Sold Price
$167,000
Premium/Discount to List
-$28,000
-14.36%
Views
48
Current Estimated Value
$166,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$221
Avg. Annual Appreciation
-0.05%
Original Mortgage
$158,650
Outstanding Balance
$154,238
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$12,541

Purchase Details

Closed on
May 12, 2021
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
$38,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2020
Sold by
Bought by

Purchase Details

Closed on
Oct 2, 2020
Sold by
Bought by

Purchase Details

Closed on
Jul 16, 2020
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 1994
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Lansing, MI

  • Morgan Meredith Real Estate Agent - KELLER WILLIAMS LANSING

    Morgan Meredith

    KELLER WILLIAMS LANSING

    (517) 777-8043

    312 Total Sales

    5 in Downtown Lansing

    $13K - $175K Price Range

    Morgan Meredith
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  • Mohamed Abukar Real Estate Agent - EXP Realty, LLC

    Mohamed Abukar

    EXP Realty, LLC

    (517) 816-9164

    98 Total Sales

    1 in Downtown Lansing

    $156,000 Price

    Mohamed Abukar
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  • Josh Nelson Real Estate Agent - White Pine Sotheby's International Realty

    Josh Nelson

    White Pine Sotheby's International Realty

    (616) 816-5361

    46 Total Sales

    1 in Downtown Lansing

    $145,000 Price

    Josh Nelson
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  • Brock Fletcher Real Estate Agent - Keller Williams Lansing East

    Brock Fletcher

    Keller Williams Lansing East

    (517) 696-6275

    277 Total Sales

    1 in Downtown Lansing

    $172,500 Price

    Brock Fletcher
     Section Image
  • Joe Vitale Real Estate Agent - Century 21 Affiliated

    Joe Vitale

    Responds Quickly

    Century 21 Affiliated

    (517) 777-0990

    233 Total Sales

    6 in Downtown Lansing

    $112K - $340K Price Range

    Joe Vitale
     Section Image
  • Missy Lord Real Estate Agent - RE/MAX Real Estate Professionals Dewitt

    Missy Lord

    RE/MAX Real Estate Professionals Dewitt

    (517) 272-8399

    588 Total Sales

    4 in Downtown Lansing

    $110K - $310K Price Range

    Missy Lord
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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
$167,000 None Listed On Document
-- Sun Title Agency Of Mi Llc
$10,000 None Available
$5,000 None Listed On Document
$45,837 None Available
$38,500 --
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 $158,650
Previous Owner $38,500
Previous Owner $78,400
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
10/18/2023 10/18/23 Sold $167,000 -10.9% $111 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
08/31/2023 08/31/23 Price Changed $187,500 -3.8% $125 / Sq Ft
08/18/2023 08/18/23 For Sale $195,000 -- $130 / 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
2026 $4,578 $75,200 $3,200 $72,000
2025 $3,668 $67,700 $3,700 $64,000
2024 $36 $58,100 $3,700 $54,400
2023 $3,446 $43,900 $3,700 $40,200
2022 $3,160 $40,500 $2,900 $37,600
2021 $3,088 $35,600 $3,900 $31,700
2020 $2,294 $34,300 $3,900 $30,400
2019 $2,203 $34,100 $3,900 $30,200
2018 $2,101 $31,600 $3,900 $27,700
2017 $2,701 $31,600 $3,900 $27,700
2016 $1,936 $31,000 $3,900 $27,100
2015 $1,936 $30,000 $7,731 $22,269
2014 $1,936 $30,100 $13,000 $17,100
Source: Public Records

Agents Affiliated with this Home

  • Amy Jackson Real Estate Agent - Coldwell Banker Professionals-E.L.

    Seller's Agent in 2023

    Amy Jackson

    Coldwell Banker Professionals-E.L.

    (517) 203-8760

    1 in this area

    104 Total Sales

    Amy Jackson
    Section Image
  • Bradley Frary Real Estate Agent - RE/MAX Michigan

    Buyer's Agent in 2023

    Bradley Frary

    RE/MAX Michigan

    (517) 643-5294

    2 in this area

    79 Total Sales

    Bradley Frary
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 275398

Greater Lansing Association of Realtors®

APN: 01-01-16-459-081

Michigan Ingham County Lansing 48933 Downtown Lansing

616 Cherry St, Lansing, MI

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.

Greater Lansing Association of Realtors® 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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