G
Seller's Agent in 2024
Giorgio Burigana
EXIT Realty Home Partners
(517) 285-3985
1 in this area
12 Total Sales
724 N Walnut St Lansing, MI 48906
Old Forest Neighborhood
--
Bed
--
Bath
3,014
Sq Ft
6,970
Sq Ft Lot
Highlights
- Hot Water Heating System
- Wood Siding
- 4-minute walk to Durant Park
About This Home
As of December 2024What A Beaut!! 4 BIG 1 bedroom, 1 bath units in this turn of the century delight. Near Downtown and Oldtown! Unit 2 is the only vacant unit. Landlord pays all utilities. Showing with 24 hr advance notice. Serious inquiries only. The property is in the decontrol period of a MSHDA LIHTC program which expires August 2023. Existing tenants are rent protected. Maximum allowable rent is $898/month per unit. Please see TPP letter in additional documents. Once a unit is vacant it is released from the program and free of restrictions. Broker has ownership interest in the property.
Last Agent to Sell the Property
Apex Appraisal Company LLC License #1205069793 Listed on: 04/28/2021
Last Buyer's Agent
Lucas Howard
Keller Williams GR East
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $230
Year Built
- Built in 1902
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 33x165
Home Design
- Wood Siding
Interior Spaces
- 3,014 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Parking
- 6 Parking Spaces
- Driveway
Utilities
- No Cooling
- Hot Water Heating System
Community Details
- 4 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2024
Closed on
Dec 18, 2024
Sold by
Garcia Dayana and Herrada Ariel
Bought by
Ado Family Investment Llc
Seller's Agent
Giorgio Burigana
EXIT Realty Home Partners
Buyer's Agent
Cabus Dewey
EXIT Realty Home Partners
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%
Views
120
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
$27,093
Avg. Annual Appreciation
19.45%
Original Mortgage
$131,250
Outstanding Balance
$130,218
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$71,875
Purchase Details
Listed on
May 14, 2024
Closed on
Dec 13, 2024
Sold by
Bryce Llc
Bought by
Garcia Dayana and Herrada Ariel
Seller's Agent
Giorgio Burigana
EXIT Realty Home Partners
Buyer's Agent
Cabus Dewey
EXIT Realty Home Partners
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%
Views
120
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Outstanding Balance
$130,218
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$71,875
Purchase Details
Closed on
May 2, 2022
Sold by
Alejandro Zalazar
Bought by
Bryce Llc
Purchase Details
Listed on
Apr 28, 2021
Closed on
May 28, 2021
Sold by
Eq Holdings Llc
Bought by
Zalazar Alejandro
Seller's Agent
Benjamin Parker
Apex Appraisal Company LLC
Buyer's Agent
Lucas Howard
Keller Williams GR East
List Price
$172,500
Sold Price
$168,000
Premium/Discount to List
-$4,500
-2.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Purchase Details
Closed on
Mar 25, 2021
Sold by
North Walnut 02 1 Ltd Dividend Hsng Assn
Bought by
Eq Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,060
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Sep 26, 2002
Sold by
Smyth Macmillan Ltd
Bought by
Michigan Non Profit Real Estate Developm and Ferris Development
Purchase Details
Closed on
Sep 25, 2002
Sold by
Wells/Engstrom Properties Inc
Bought by
Smyth Macmillan Ltd
Purchase Details
Closed on
Oct 9, 1996
Bought by
Smyth - Macmillan, Limited
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 |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $175,000 | Red Cedar Title | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $168,000 | Transnation Title Agency | |
| Deed | $798,000 | None Available | |
| Corporate Deed | $100,000 | Midstate Title Company | |
| Warranty Deed | $80,000 | -- | |
| Deed | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $131,250 | New Conventional | |
| Previous Owner | $738,060 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2024 12/13/24 | Sold | $175,000 | -5.4% | $58 / Sq Ft |
| 11/08/2024 11/08/24 | Pending | -- | -- | -- |
| 05/14/2024 05/14/24 | For Sale | $185,000 | +10.1% | $61 / Sq Ft |
| 05/28/2021 05/28/21 | Sold | $168,000 | -0.5% | $56 / Sq Ft |
| 05/03/2021 05/03/21 | Pending | -- | -- | -- |
| 04/30/2021 04/30/21 | Price Changed | $168,900 | -2.1% | $56 / Sq Ft |
| 04/28/2021 04/28/21 | For Sale | $172,500 | -- | $57 / 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 |
|---|---|---|---|---|
| 2025 | $6,802 | $113,100 | $4,200 | $108,900 |
| 2024 | $57 | $102,400 | $4,200 | $98,200 |
| 2023 | $6,475 | $82,400 | $4,200 | $78,200 |
| 2022 | $1,574 | $73,500 | $4,800 | $68,700 |
| 2021 | $234 | $0 | $0 | $0 |
| 2020 | $230 | $0 | $0 | $0 |
| 2019 | $0 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
| 2016 | $189 | $0 | $0 | $0 |
| 2015 | $189 | $13,876 | $13,876 | $0 |
| 2014 | $189 | $16,913 | $16,913 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Giorgio Burigana
-
Cabus Dewey
Buyer's Agent in 2024
Cabus Dewey
EXIT Realty Home Partners
(517) 303-9777
3 in this area
48 Total Sales
-
Benjamin Parker
B
Seller's Agent in 2021
Benjamin Parker
Apex Appraisal Company LLC
(517) 290-5100
4 in this area
23 Total Sales
-
L
Buyer's Agent in 2021
Lucas Howard
Keller Williams GR East
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 254919
APN: 01-01-09-382-021
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IDX information is provided exclusively for Consumers'
personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2025 Greater Lansing Association of REALTORS®
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