$75,000
SOLD JAN 20, 2026
3 Beds
2 Baths
1,040 Sq Ft
3,920 Sq Ft Lot

Sale Details

Date Sold: January 20, 2026

$72 Per Sq Ft

88% Above List Price

7 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Forced Air Heating System
  • Wood Flooring
  • No HOA
  • 2-minute walk to Clifford Park

About This Home

As of January 2026

SOLD AS IS!...Investor opportunity in a high-demand Lansing rental corridor! This 3-bed, 2-bath home offers strong cash-flow potential with a functional layout, solid bones, and full basement ideal for storage or future value-add. Features include hardwood floors, spacious living areas, and a good-sized lot. Convenient location near schools, shopping, public transportation, and major roadways supports consistent rental demand. Suitable for buy-and-hold, BRRRR, or owner-occupant investment strategy. Priced to allow for improvements and equity upside. Don't miss this income-producing opportunity!

Last Agent to Sell the Property

Cedric Wicks

Epique Realty License #6501456808 Listed on: 12/29/2025

Co-Listed By

Derrek Sterken

Coldwell Banker Woodland Schmidt ART Office License #6501451743

Last Buyer's Agent

Alicia Lease

Community Choice Realty License #6501351919

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1916

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 91' x 47'
  • Corner Lot
  • Zoning described as 401 - SFR

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement
  • Laundry in Basement

Parking

  • Gravel Driveway
  • Unpaved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Torrance Farm Add Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1916

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1916
  • General Property Info:Basement: Yes
  • General Property Info:Main Level Primary: Yes
  • Waterfront Options:Water Access YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Michigan Basement
  • LivingArea: 1040.0
  • Basement Rooms:Total Basement SQFT: 250.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 40000.0
  • Lot Features: Corner Lot
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No
  • Parking Features: Unpaved, Gravel

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement, See Remarks
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 91' x 47'
  • Lot Size Sq Ft: 3920.0
  • Zoning Description: 401 - SFR

Tax Info

  • Tax Annual Amount: 2592.0
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2025
Closed on
Jan 20, 2026
Sold by
25 Lansing Llc
Bought by
Lease Alicia Lee
Seller's Agent
Cedric Wicks
Epique Realty
Buyer's Agent
Alicia Lease
Community Choice Realty
List Price
$40,000
Sold Price
$75,000
Premium/Discount to List
$35,000
87.5%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.41%

Purchase Details

Closed on
Dec 16, 2022
Sold by
D W Sheets V Llc
Bought by
25 Lansing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 27, 2015
Sold by
Stonecrest Income And Opportunity Fund I
Bought by
D W Sheets V Llc

Purchase Details

Closed on
Mar 22, 2013
Sold by
Ssbbank
Bought by
Stonecrest Income And Opportunity Fund-I

Purchase Details

Closed on
Aug 9, 2012
Sold by
Md Real Estate Llc
Bought by
Ssbbank

Purchase Details

Closed on
Jun 23, 2004
Sold by
Diebolt Mark J and Diebolt Mark T
Bought by
Md Real Estate Llc

Purchase Details

Closed on
Apr 21, 2003
Sold by
Lett Steven T and Lett Diana L
Bought by
Diebolt Mark

Purchase Details

Closed on
Mar 2, 2001
Sold by
Diebolt Roberta A
Bought by
Diebolt Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,150
Interest Rate
9.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 1998
Sold by
Lett Steven T and Lett Diana L
Bought by
Diebolt Mark and Diebolt Roberta
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $35,000 Chicago Title
Warranty Deed $480,000 --
Warranty Deed $9,500 Michigan Investment Title In
Deed $8,580 Michigan Bankers Title Of
Sheriffs Deed $20,000 None Available
Quit Claim Deed -- --
Warranty Deed $35,000 --
Interfamily Deed Transfer -- Professional Title
Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $900,000 Credit Line Revolving
Previous Owner $50,150 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2026 01/20/26 Sold $75,000 +87.5% $72 / Sq Ft
01/05/2026 01/05/26 Pending -- -- --
12/29/2025 12/29/25 For Sale $40,000 -- $38 / Sq Ft
Source: MichRIC

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 $2,527 $41,500 $3,000 $38,500
2024 $21 $31,800 $3,000 $28,800
2023 $2,379 $28,300 $3,000 $25,300
2022 $1,629 $26,200 $2,500 $23,700
2021 $1,592 $23,300 $2,300 $21,000
2020 $1,580 $21,500 $2,300 $19,200
2019 $1,525 $19,600 $2,300 $17,300
2018 $1,448 $17,900 $2,300 $15,600
2017 $1,392 $17,900 $2,300 $15,600
2016 $5,637 $17,600 $2,300 $15,300
2015 $5,637 $17,100 $4,675 $12,425
2014 $5,637 $17,200 $3,553 $13,647
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 25062778

MichRIC

APN: 01-01-21-484-075

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