NOT LISTED FOR SALE

616 Stoddard Ave East Lansing, MI 48823

Estimated Value: $289,688 - $360,000

5 Beds
3 Baths
1,730 Sq Ft
$191/Sq Ft Est. Value

Last Sold November 25, 2015

Last sale price $170,000 $98 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,862/month

52 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • 5-minute walk to Stoddard Park
  • Marble Elementary School Rated A-

About This Home

As of November 2015

Welcome to 616 and 618 Stoddard St. The house at 618 is closer to the street and features forced air gas heat, newer carpet, and 2 bedrooms. The house at 616 Stoddard has 3 bedrooms and 2 full baths, and is leased through July 31st, 2015 at $900/mo. This unit also has an under deck storage place for bikes that is dry and can be secured. This is a fantastic opportunity to draw income from one unit while either moving into the other unit or renting that one out too. Immediate occupancy is available at 618 Stoddard. Plenty of parking available on concrete drive. Tenants pay their own utilities. Call for a personal tour.......

Last Agent to Sell the Property

Richard Gingras

RE/MAX Real Estate Professionals License #6501305265 Listed on: 08/26/2015

RE/MAX Real Estate Professionals

Last Buyer's Agent

Mike Shulsky

Berkshire Hathaway HomeServices License #6506041977

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 60 x 127

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 1,730 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Tax Year: 14
  • Total Ovens: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Levels: One
  • Year Built: 1955
  • Lot Size: 60 x 127
  • Above Grade Finished Sq Ft: 1730.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 60 x 127
  • General Property Info:Above Grade Finished Area: 1730.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • General Property Info:ECO Friendly Features: No
  • Architectural Style:Ranch: Yes
  • Tax Info:Taxes2: 5400.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • General Property Info:Parking Total: 6+

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Schools

  • Junior High Dist: East Lansing

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2015
Closed on
Nov 25, 2015
Sold by
Hilbert Harold S and Hilbert Verono D
Bought by
Ajn Properties 100 Llc
Seller's Agent
Richard Gingras
RE/MAX Real Estate Professionals
Buyer's Agent
Mike Shulsky
Berkshire Hathaway HomeServices
List Price
$189,900
Sold Price
$170,000
Premium/Discount to List
-$19,900
-10.48%
Total Days on Market
52
Current Estimated Value
$330,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,672
Avg. Annual Appreciation
7.23%

Purchase Details

Closed on
Apr 7, 2010
Sold by
Hilbert Harold P and Hilbert Rebecca A
Bought by
Hilbert Harold P and Harold P Hilbert Revocable Living Trust
Source: Public Records

Range of Values:

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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
Ajn Properties 100 Llc $170,000 Midstate Title Agency Llc
Hilbert Harold P -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2015 11/25/15 Sold $170,000 -10.5% $98 / Sq Ft
10/17/2015 10/17/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $189,900 -- $110 / 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 $66 $143,800 $23,900 $119,900
2023 $7,141 $129,400 $21,100 $108,300
2022 $6,832 $112,900 $19,100 $93,800
2021 $6,689 $109,800 $16,900 $92,900
2020 $6,611 $109,800 $17,300 $92,500
2019 $6,377 $87,400 $19,600 $67,800
2018 $6,786 $84,800 $18,800 $66,000
2017 $6,621 $84,000 $21,200 $62,800
2016 -- $84,000 $21,100 $62,900
2015 -- $88,200 $40,737 $47,463
2014 -- $88,200 $40,446 $47,754
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 74420

Greater Lansing Association of Realtors®

APN: 20-02-18-205-026