NOT LISTED FOR SALE

6529 Sommerset Rd Lansing, MI 48911

Estimated Value: $102,766 - $172,000

-- Bed
1 Bath
1,584 Sq Ft
$85/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $70,000 $44 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $750/month

11 Days on Market

About This Home

As of May 2018

This home is located at 6529 Sommerset Rd, Lansing, MI 48911 since 17 April 2018 and is currently estimated at $134,942, approximately $85 per square foot. This property was built in 1957. 6529 Sommerset Rd is a home located in Ingham County with nearby schools including North Elementary School, Everett High School, and Central Lutheran High School.

Last Listed By

Max Dalman

Dalman Realty Listed on: 04/17/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 10,237 Sq Ft Lot
  • Lot Dimensions are 110x93.5

Home Design

  • 1,584 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Parking

  • 4 Parking Spaces
  • No Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Elmwood Farm Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Tax Year: 17
  • Levels: One
  • Year Built: 1957
  • Lot Size Acres: 0.24
  • Lot Size: 110x93.5
  • Subdivision Name: Elmwood Farm
  • Above Grade Finished Sq Ft: 1584.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 110x93.5
  • General Property Info:Above Grade Finished Area: 1584.0
  • Foundation Details:Slab: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Tax Info:Taxes2: 2273.0
  • Tax Info:Zoning3: Multi-Family
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 2 Unit
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family

Exterior Features

  • Roof: Shingle
  • Foundation Details: Slab
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Gravel, No Garage
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:No Garage: Yes
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 10236.6
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2019
Sold by
Krempel Karma and Krempel Verena
Bought by
Tilia Tree Capital Llc
Total Days on Market
11
Current Estimated Value
$134,942

Purchase Details

Listed on
Apr 17, 2018
Closed on
May 25, 2018
Sold by
Rd Faced Properties Llc
Bought by
Krempel Verena and Krempel Karma
Seller's Agent
Max Dalman
Dalman Realty
Buyer's Agent
Gabriel Lopez
Trubrook, LLC
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%

Purchase Details

Closed on
Nov 24, 2009
Sold by
Dalman Samuel B and Dalman Julie
Bought by
Red Faced Properties Llc

Purchase Details

Closed on
Aug 3, 2009
Sold by
Fifth Third Mortgage Mi Llc
Bought by
Dalman Samuel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,095
Interest Rate
5.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2007
Sold by
Gordon Kristopher L
Bought by
Fifth Third Mortgage Mi Llc

Purchase Details

Closed on
Jun 14, 2004
Sold by
Tata Christopher J and Tata Tammie
Bought by
Gordon Kristopher L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2001
Sold by
Blasius Clare L and Blassius Leonora F
Bought by
Tata Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,750
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

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
Tilia Tree Capital Llc -- None Available
Krempel Verena $70,000 Transnation Title Agency
Red Faced Properties Llc -- None Available
Dalman Samuel B $32,500 Fidelity National Title
Fifth Third Mortgage Mi Llc $102,072 None Available
Gordon Kristopher L $112,500 Trans
Tata Christopher J $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Red Faced Properties Llc $199,200
Previous Owner Red Faced Properties Llc $34,221
Previous Owner Dalman Samuel B $36,095
Previous Owner Gordon Kristopher L $101,250
Previous Owner Tata Christopher J $91,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold $70,000 -12.4% $44 / Sq Ft
04/28/2018 04/28/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $79,900 -- $50 / 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 $27 $50,700 $8,900 $41,800
2023 $3,770 $44,800 $8,900 $35,900
2022 $2,929 $40,800 $10,700 $30,100
2021 $2,861 $35,000 $7,700 $27,300
2020 $4,512 $33,700 $7,700 $26,000
2019 $2,649 $32,200 $7,700 $24,500
2018 $2,363 $29,500 $7,700 $21,800
2017 $2,272 $29,500 $7,700 $21,800
2016 $2,182 $29,100 $7,700 $21,400
2015 $2,182 $28,800 $15,469 $13,331
2014 $2,182 $27,700 $18,431 $9,269
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 225102

Greater Lansing Association of Realtors®

APN: 01-05-09-177-171