NOT LISTED FOR SALE

726 W Saginaw St Unit 1 Lansing, MI 48915

Old Forest Neighborhood

Estimated Value: $129,000 - $164,000

-- Bed
2 Baths
2,044 Sq Ft
$71/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $45,000 $22 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $808/month

51 Days on Market

About This Home

As of April 2013

Move in ready duplex! Property is licensed & registered with the city of Lansing. Completely renovated- some new windows, new roof with tear off in 2012, new gutters, covered front porch with separate entrances to each unit, new plumbing & fixtures. Fresh paint in both units & new flooring throughout. Separate electrical meters & separate heat. Great location with lots of parking. Main level unit includes 3 bedrooms with 1.5 baths & laundry. Upper unit is rented with a 1 year lease at $500/month. Upper unit includes 1 bedroom, full bath with ceramic shower & laundry.

Last Listed By

Erica Mcavoy

Coldwell Banker Professionals -Okemos License #6506048062 Listed on: 01/23/2013

Coldwell Banker Professionals -Okemos

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1894

Lot Details

  • Lot Dimensions are 45x96

Home Design

  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 2,044 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Parking

  • 4 Parking Spaces
  • No Garage

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 1894

Lot Details

0

Listing Details

  • Tax Year: 12
  • Registered Licenses for Unrelated Occupants: Y
  • Levels: Two
  • Year Built: 1894
  • Lot Size: 45x96
  • Above Grade Finished Sq Ft: 2044.0
  • General Property Info:Lot Size Dimensions: 45x96
  • General Property Info:Above Grade Finished Area: 2044.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Exterior:Stone: Yes
  • Tax Info:Taxes2: 4100.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Type: Vinyl Siding, Stone

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2013
Closed on
Apr 30, 2013
Sold by
Struble Kris and Struble Courtney
Bought by
Tacey Trisha
Seller's Agent
Erica Mcavoy
Coldwell Banker Professionals -Okemos
Buyer's Agent
Amy Williams
Keller Williams Realty Lansing
List Price
$54,900
Sold Price
$45,000
Premium/Discount to List
-$9,900
-18.03%
Total Days on Market
51
Current Estimated Value
$145,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,116
Avg. Annual Appreciation
10.23%
Original Mortgage
$44,184
Outstanding Balance
$32,371
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$112,745

Purchase Details

Closed on
Mar 22, 2010
Sold by
Us Bank National Association
Bought by
Advocate & Associates Inc

Purchase Details

Closed on
Jul 30, 2009
Sold by
Gomez Roque Yordany
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Dec 6, 2006
Sold by
Magers Luke and Magers Erica
Bought by
Gomez Roque Yordany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
8%

Purchase Details

Closed on
Dec 15, 2000
Sold by
Fladung Lawrence Dean and Miller Patricia A
Bought by
Magers Luke A and Magers Erica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
9.75%

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
Tacey Trisha $45,000 None Available
Advocate & Associates Inc $9,000 First Centennial Title
Mortgage Electronic Registration Systems $51,000 None Available
Gomez Roque Yordany $119,000 Professional Title Insurance
Magers Luke A $66,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tacey Trisha $44,184
Previous Owner Gomez Roque Yordany $119,000
Previous Owner Magers Luke A $11,900
Previous Owner Magers Luke A $95,200
Previous Owner Magers Luke A $99,975
Previous Owner Magers Luke A $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2013 04/30/13 Sold $45,000 -18.0% $22 / Sq Ft
03/15/2013 03/15/13 Pending -- -- --
01/23/2013 01/23/13 For Sale $54,900 -- $27 / 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 $38 $74,700 $4,300 $70,400
2023 $4,337 $66,100 $4,300 $61,800
2022 $3,964 $61,400 $4,000 $57,400
2021 $3,872 $54,500 $3,800 $50,700
2020 $3,844 $50,700 $3,800 $46,900
2019 $3,711 $47,100 $3,800 $43,300
2018 $3,522 $47,000 $3,800 $43,200
2017 $3,388 $47,000 $3,800 $43,200
2016 $2,868 $46,100 $3,800 $42,300
2015 $2,868 $44,600 $7,672 $36,928
2014 $2,868 $42,600 $12,000 $30,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 44379

Greater Lansing Association of Realtors®

APN: 01-01-08-484-101