NOT LISTED FOR SALE

628 - 630 Wayland Ave East Lansing, MI 48823

Estimated Value: $298,000 - $350,000

6 Beds
2 Baths
1,620 Sq Ft
$201/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $285,000 $176 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,803/month

47 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Marble Elementary School Rated A-
  • Front Porch
  • 1-minute walk to Hidden River Park

About This Home

As of September 2022

Wonderful investment opportunity or owner occupied property. Both units have great rental history and are Occupied. They feature a kitchen, dining area and living room. There are 2 Bedrooms, 2 baths and a basement for laundry & storage. There is hardwood and vinyl flooring in the living spaces. All appliances stay. Nice back yard for each unit.
Driveway parking for both units.

Last Agent to Sell the Property

James Fordell

Musselman Realty Company License #6501287269 Listed on: 06/22/2022

Last Buyer's Agent

Kathryn Gingery

Century 21 Affiliated License #6501425256

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 95 x 165
  • Back and Front Yard

Parking

  • 4 Parking Spaces

Home Design

  • 1,620 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Stubbed For A Bathroom

Utilities

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

Additional Features

  • Front Porch
  • City Lot

Community Details

  • 2 Units
  • Grandview Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Tax Year: 21
  • Registered Licenses for Unrelated Occupants: Fam. or 3 unrelated
  • Unit Information License Register Exp: 2022-12-29
  • Levels: One
  • Year Built: 1957
  • Lot Size Acres: 0.36
  • Lot Size: 95 x 165
  • Subdivision Name: Grandview
  • Above Grade Finished Sq Ft: 1620.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 95 x 165
  • General Property Info:Above Grade Finished Area: 1620.0
  • Laundry Features:In Basement: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Flooring:Vinyl2: Yes
  • Flooring:Hardwood: Yes
  • Tax Info:Taxes2: 7600.0
  • Tax Info:Zoning3: Multi-Family
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Water Heater:Water Heater3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Bath/Stubbed, Full
  • Heating: Forced Air, Natural Gas
  • Flooring: Hardwood, Vinyl
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes
  • Basement:BathStubbed: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Back Yard, City Lot, Front Yard
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt
  • Patio And Porch Features: Front Porch
  • Construction Type: Vinyl Siding, Brick
  • Lot Features:Back Yard2: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Front Yard2: Yes
  • Patio Porch Features:Front Porch: Yes

Garage/Parking

  • Parking Features: Concrete Driveway
  • Attached Garage: No
  • Parking Features:Concrete Driveway: Yes
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • LaundryFeatures: In Basement
  • Utilities: High Speed Internet Available, Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 15638.04
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Sep 1, 2022
Sold by
Tintagel Llc
Bought by
Smith Adam J
Seller's Agent
James Fordell
Musselman Realty Company
Buyer's Agent
Kathryn Gingery
Century 21 Affiliated
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%
Views
13
Current Estimated Value
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,000
Avg. Annual Appreciation
4.91%
Original Mortgage
$213,750
Outstanding Balance
$206,030
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$120,957

Purchase Details

Closed on
Aug 31, 2018
Sold by
Averill Ronald C
Bought by
Tintagel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 13, 2014
Sold by
Kundi Aruna and Gupta Jiya L
Bought by
Averill Ronald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2013
Sold by
Gupta Vibha K
Bought by
Kundi Aruna and Kundi Jiya L

Purchase Details

Closed on
Apr 30, 2010
Sold by
Chamberlain Bradley C and Chamberlain Cynthia K
Bought by
Gupta Vibha K and Gupta Jiya L

Purchase Details

Closed on
Jun 22, 2006
Sold by
Ramsby Stephen and Ramsby Brenda J
Bought by
Chamberlain Bradley C

Purchase Details

Closed on
Jun 1, 1974
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
Smith Adam J $285,000 Liberty Title
Tintagel Llc $232,000 Tri Title Agency Llc
Averill Ronald C $190,000 None Available
Kundi Aruna -- None Available
Gupta Vibha K $152,000 Trans
Chamberlain Bradley C $147,500 Landamerica Transnation Titl
-- $35,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Adam J $213,750
Previous Owner Tintagel Llc $174,000
Previous Owner Averill Ronald C $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold $285,000 -3.4% $176 / Sq Ft
06/22/2022 06/22/22 For Sale $295,000 -- $182 / 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 $98 $155,500 $35,100 $120,400
2023 $10,464 $140,000 $30,100 $109,900
2022 $7,759 $122,000 $26,000 $96,000
2021 $7,602 $118,800 $24,800 $94,000
2020 $7,515 $118,800 $24,800 $94,000
2019 $7,246 $96,200 $26,800 $69,400
2018 $7,965 $93,300 $19,500 $73,800
2017 $6,828 $92,400 $19,700 $72,700
2016 -- $92,400 $19,000 $73,400
2015 -- $85,600 $34,870 $50,730
2014 -- $85,600 $34,870 $50,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 266222

Greater Lansing Association of Realtors®

APN: 20-02-17-106-002