NOT LISTED FOR SALE

725 N Sycamore St Unit 1 Lansing, MI 48906

Old Forest Neighborhood

Estimated Value: $83,000 - $109,819

-- Bed
1 Bath
1,331 Sq Ft
$75/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $54,500 $41 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $563/month

10 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating System
  • Concrete Flooring

About This Home

As of December 2020

Welcome to 725 N. Sycamore! Great opportunity for a current future entrepreneur. Units are currently vacant-previously received $600 & $625 a month. This Lansing duplex has everything you'd ever want for only 59,900. Ample parking including a garage, long driveway and additional parking space out back. There is an alley that goes behind the house giving access to the extra parking space - perfect for whoever is renting the upstairs unit. Enjoy the sights and sounds of the neighborhood sitting on the covered front porch or relax in the large living room spaces - plus rm for a dining area in each unit. Easy to show contact us today before it is gone! Square footage total is for both units. Level measurements are estimates per board requirements. No rental license is active on property.

Last Agent to Sell the Property

Carin Whybrew

Coldwell Banker Professionals -Okemos License #6506041103 Listed on: 11/09/2020

Coldwell Banker Professionals -Okemos

Last Buyer's Agent

Christina Bahr

Coldwell Banker Professionals-Delta License #6501404020

Coldwell Banker Professionals-Delta

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 44x115.5

Home Design

  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 1,331 Sq Ft Home
  • 2-Story Property
  • Concrete Flooring

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Covered patio or porch

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Misc Business Info Parking Surface: Concrete
  • Misc Business Info Roof Type: Shingle
  • Tax Year: 2020
  • Levels: Two
  • Year Built: 1909
  • Lot Size Acres: 0.12
  • Lot Size: 44x115.5
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1331.0
  • Architectural Style: Other
  • General Property Info:Lot Size Dimensions: 44x115.5
  • General Property Info:Above Grade Finished Area: 1331.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Exterior:Concrete: Yes
  • Tax Info:Taxes2: 2423.22
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Downstairs
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Exterior Entry, Full
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes
  • Basement:Exterior Entry: Yes

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Covered
  • Construction Type: Concrete
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • General Property Info:Parking Total: 0

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: 5227.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 5056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2021
Sold by
Mackie Barbara
Bought by
Mackie Polly
Total Days on Market
10
Current Estimated Value
$100,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,179
Outstanding Balance
$8,343
Interest Rate
2.73%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$92,112

Purchase Details

Listed on
Nov 9, 2020
Closed on
Dec 3, 2020
Sold by
Reck Corey A
Bought by
Mackie Barbara
Seller's Agent
Carin Whybrew
Coldwell Banker Professionals -Okemos
Buyer's Agent
Christina Bahr
Coldwell Banker Professionals-Delta
List Price
$59,900
Sold Price
$54,500
Premium/Discount to List
-$5,400
-9.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.42%

Purchase Details

Closed on
Sep 22, 2005
Sold by
Kyler Melvin P and Mott David V
Bought by
Reck Corey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,160
Interest Rate
8.47%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 25, 1998
Sold by
Marc Stephen and Marc Tonya J
Bought by
Kyler Melvin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1997
Sold by
Rosier Earl A and Rosier Margaret L
Bought by
March Stephan

Purchase Details

Closed on
Jan 1, 1994
Source: Public Records

Range of Values:

Collateral Analytics

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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
Mackie Polly -- None Available
Mackie Barbara $54,500 Tri County Title Agency
Reck Corey A $62,400 Fatic
Kyler Melvin P $60,000 --
Kyler Melvin P $80,000 First American Title Ins Co
March Stephan $20,000 --
-- $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mackie Polly $9,179
Previous Owner Reck Corey A $62,450
Previous Owner Reck Corey A $63,500
Previous Owner Reck Corey A $56,160
Previous Owner Kyler Melvin P $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $54,500 -9.0% $41 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $59,900 -- $45 / 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 $26 $50,200 $4,700 $45,500
2023 $3,130 $44,700 $4,700 $40,000
2022 $2,849 $41,500 $4,400 $37,100
2021 $2,787 $37,500 $4,100 $33,400
2020 $2,463 $32,800 $4,100 $28,700
2019 $2,373 $30,700 $4,100 $26,600
2018 $2,256 $28,200 $4,100 $24,100
2017 $2,168 $28,200 $4,100 $24,100
2016 $2,082 $27,700 $4,100 $23,600
2015 $2,082 $26,900 $8,140 $18,760
2014 $2,082 $26,500 $12,000 $14,500
Source: Public Records

Agents Affiliated with this Home

  • Carin Whybrew

    Seller's Agent in 2020

    Carin Whybrew

    Coldwell Banker Professionals -Okemos

    (517) 719-4967

    1 in this area

    453 Total Sales

    Carin Whybrew
    Section Image
  • Christina Bahr

    Buyer's Agent in 2020

    Christina Bahr

    Coldwell Banker Professionals-Delta

    (517) 294-4203

    1 in this area

    109 Total Sales

    Christina Bahr
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 251274

Greater Lansing Association of Realtors®

APN: 01-01-09-357-081

Michigan Ingham County Lansing 48906 Old Forest

725 N Sycamore St Unit 1, Lansing, MI

This home is located at 725 N Sycamore St Unit 1, Lansing, MI 48906 since 09 November 2020 and is currently estimated at $100,455, approximately $75 per square foot. This property was built in 1909. 725 N Sycamore St Unit 1 is a home located in Ingham County with nearby schools including Riddle Elementary School, Pattengill Academy, and J.W. Sexton High School.

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