NOT LISTED FOR SALE

702 Meadowview Ln Lansing, MI 48917

Estimated Value: $204,908 - $255,000

-- Bed
1 Bath
2,328 Sq Ft
$100/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $165,000 $71 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,645/month

27 Days on Market

About This Home

As of June 2021

Great opportunity for an income property or house hack! Bi-level duplex in Delta Township. Each unit has 2 bedrooms, 1 bathroom, and garage. Fenced yard. New garage doors. Both units are tenant occupied currently.

Last Agent to Sell the Property

Victoria Salinaz

Keller Williams Realty Lansing License #6501402083 Listed on: 04/06/2021

Keller Williams Realty Lansing

Last Buyer's Agent

Sheila Milner

Keller Williams Realty Lansing License #6501294327

Keller Williams Realty Lansing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,844

Year Built

  • Built in 1973

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Back Yard Fenced

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,328 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Utilities

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

Community Details

  • 2 Units
  • New Taxes Expense $3,844

Listing and Financial Details

  • Total Actual Rent $16,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,844

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Gross Rent: 16200.0
  • Tax Year: 2020
  • Unit Information License Register Exp: 2021-12-31
  • Levels: Two
  • Year Built: 1973
  • Lot Size Acres: 0.34
  • Lot Size: 100x150
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2328.0
  • General Property Info:Lot Size Dimensions: 100x150
  • General Property Info:Above Grade Finished Area: 2328.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Fencing:Back Yard: Yes
  • Cooling:Central Air: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Brick: Yes
  • Tax Info:Taxes2: 3844.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Bilevel
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Tax Expense2: 3844.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • SpaFeatures: None
  • Full Basement: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard
  • PoolFeatures: None
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Construction Type: Aluminum Siding, Brick

Garage/Parking

  • Parking Features: Attached, Driveway, Garage, Garage Faces Front
  • Attached Garage: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage2: Yes
  • General Property Info:Parking Total: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • LaundryFeatures: In Unit
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Waverly

Lot Info

  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 4203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
Jun 25, 2021
Sold by
Wieber Barbara J and Wieber Jeffrey
Bought by
Guild Laura and Guild Christophere
Seller's Agent
Victoria Salinaz
Keller Williams Realty Lansing
Buyer's Agent
Sheila Milner
Keller Williams Realty Lansing
List Price
$174,900
Sold Price
$165,000
Premium/Discount to List
-$9,900
-5.66%
Current Estimated Value
$233,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,727
Avg. Annual Appreciation
8.05%
Original Mortgage
$123,750
Outstanding Balance
$93,361
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$140,366

Purchase Details

Listed on
May 15, 2019
Closed on
Jul 3, 2019
Sold by
Dreps William H
Bought by
Wieber Barbara J and Wieber Jeffrey
Seller's Agent
James Richards
Coldwell Banker Professionals-Delta
Buyer's Agent
Deb Federau
Keller Williams Realty Lansing
List Price
$155,000
Sold Price
$142,000
Premium/Discount to List
-$13,000
-8.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$106,500
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Guild Laura $165,000 Transnation Title Agency
Wieber Barbara J $142,000 Tri County Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guild Laura $123,750
Previous Owner Wieber Barbara J $106,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2021 06/25/21 Sold $165,000 -5.7% $71 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $174,900 +23.2% $75 / Sq Ft
07/03/2019 07/03/19 Sold $142,000 -8.4% $61 / Sq Ft View Prior Sale
05/23/2019 05/23/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $155,000 -- $67 / 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
2025 $5,008 $102,700 $0 $0
2024 $2,726 $88,300 $0 $0
2023 $2,596 $82,600 $0 $0
2022 $4,400 $72,200 $0 $0
2021 $3,836 $65,000 $0 $0
2020 $3,846 $62,400 $0 $0
2019 $3,566 $135,956 $0 $0
2018 $3,475 $58,600 $0 $0
2017 $3,400 $58,600 $0 $0
2016 -- $56,700 $0 $0
2015 -- $56,700 $0 $0
2014 -- $54,400 $0 $0
2013 -- $55,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Victoria Salinaz

    Seller's Agent in 2021

    Victoria Salinaz

    Keller Williams Realty Lansing

    (517) 862-1814

    10 in this area

    106 Total Sales

    Victoria Salinaz
    Section Image
  • Sheila Milner

    Buyer's Agent in 2021

    Sheila Milner

    Keller Williams Realty Lansing

    (517) 648-6438

    6 in this area

    47 Total Sales

    Sheila Milner
    Section Image

  • J

    Seller's Agent in 2019

    James Richards

    Coldwell Banker Professionals-Delta

    Section Image
  • Deb Federau

    Buyer's Agent in 2019

    Deb Federau

    Keller Williams Realty Lansing

    (517) 202-4232

    7 in this area

    210 Total Sales

    Deb Federau
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 254275

Greater Lansing Association of Realtors®

APN: 040-061-500-380-00

Michigan Eaton County Lansing 48917

702 Meadowview Ln, Lansing, MI

Not Listed for Sale

MultiFamily

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