G
Seller's Agent in 2024
Gary Naeyaert
EXIT Realty Home Partners
722 Berkshire Ln East Lansing, MI 48823
--
Bed
--
Bath
2,647
Sq Ft
6,534
Sq Ft Lot
Highlights
- Front Porch
- 2 Car Attached Garage
- Carpet
- Marble Elementary School Rated A-
- Forced Air Heating and Cooling System
About This Home
As of August 2024**Multiple Offers Submitted. All offers due by 7 pm on Sun 8/18/24** Looking for cash-flowing investment property in East Lansing? Check out 722-726 Berkshire Lane. This duplex, and the similar duplex next door (712-714 Berkshire Lane) are available individually or as a package. These have been solid rental properties for 20+ years, and the owner is looking to pass them on to the next generation of investors. Each side has 3 bedrooms and 1.5 bathrooms, bringing in $3,390 in monthly rent ($565 per bedroom). Located a short walk from MSU's campus, East Lansing High School, Marble Elementary and MacDonald Middle School. Close to Patriarch Park and multiple churches. CATA bus stop is just across the street. Has been rented to families, grad students and undergrads. Could be owner-occupied.
Last Agent to Sell the Property
EXIT Realty Home Partners License #6506049395 Listed on: 08/16/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,490
Year Built
- Built in 1967
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 75x87
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,647 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Linoleum
- Vinyl
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Outdoor Features
- Front Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2024
Closed on
Aug 30, 2024
Sold by
Fitzgerald Kevin
Bought by
Todd K Dowrick & Sandra L Dowrick Trust
Seller's Agent
Gary Naeyaert
EXIT Realty Home Partners
Buyer's Agent
Christopher Silker
Keller Williams Realty Lansing
List Price
$340,000
Sold Price
$341,000
Premium/Discount to List
$1,000
0.29%
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,255
Avg. Annual Appreciation
0.91%
Purchase Details
Closed on
Feb 16, 1999
Sold by
Miller Bruce L
Bought by
Miller Douglas L
Purchase Details
Closed on
Sep 19, 1997
Sold by
Nilson Pearl E
Bought by
Miller Douglas L and Miller Bruce L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $341,000 | Greater Lansing Title | |
| Interfamily Deed Transfer | -- | Midstate Title Company | |
| Deed | $155,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $110,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $341,000 | +0.3% | $129 / Sq Ft |
| 08/23/2024 08/23/24 | Pending | -- | -- | -- |
| 08/16/2024 08/16/24 | For Sale | $340,000 | -- | $128 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $7,490 | $116,600 | $20,200 | $96,400 |
| 2023 | $7,490 | $105,000 | $17,300 | $87,700 |
| 2022 | $7,506 | $91,600 | $15,000 | $76,600 |
| 2021 | $6,658 | $89,300 | $14,200 | $75,100 |
| 2020 | $7,257 | $89,300 | $14,200 | $75,100 |
| 2019 | $7,187 | $93,500 | $15,400 | $78,100 |
| 2018 | $7,410 | $93,500 | $11,200 | $82,300 |
| 2017 | $7,148 | $93,500 | $11,300 | $82,200 |
| 2016 | -- | $97,300 | $10,900 | $86,400 |
| 2015 | -- | $92,700 | $20,043 | $72,657 |
| 2014 | -- | $88,200 | $20,043 | $68,157 |
Source: Public Records
Agents Affiliated with this Home
-
-
C
Buyer's Agent in 2024
Christopher Silker
Keller Williams Realty Lansing
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 282925
APN: 20-02-07-402-012
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