NOT LISTED FOR SALE

7275 Lansing Rd Perry, MI 48872

Estimated Value: $219,000 - $334,000

11 Beds
5 Baths
3,744 Sq Ft
$78/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $105,000 $28 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $1,867/month

7 Days on Market

About This Home

As of January 2020

5 unit complex on 4. 5 acres in Perry school district. Great income potential for investors! Units need some work, but have lots of potential. Great location with easy access to I-69, country setting with lots of parking and yard space for units. 3 buildings, 3 septic/drain fields and 1 common well (new in 2017). Storage shed is owned by tenant.

Last Agent to Sell the Property

Barbra Roll-Wyzga

Keller Williams First License #SAOR-6506044607 Listed on: 01/09/2020

Keller Williams First

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1956

Lot Details

  • 4.5 Acre Lot
  • Lot Dimensions are 292x726x288x739
  • Rural Setting
  • Lot Has A Rolling Slope

Parking

  • 3 Car Parking Spaces

Home Design

  • Ranch Style House
  • Vinyl Siding

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Propane
  • Electric Water Heater
  • Septic Tank

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 013-23-400-013

Property Details

Home Type

Apartment

Year Built

Built in 1956

Lot Details

4.5 Acres

Listing Details

  • Originating MLS: Greater Shiawassee Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Apartment
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Ranch
  • Total Tax Amount: 4704
  • Total Tax Year: 2019
  • Year Built: 1956
  • Mail City: Shaftsburg
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Bedrooms: 11
  • Bathroom Description: First Flr Bath Lav/Half
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Measured

Exterior Features

  • Construction: Aluminum, Vinyl Siding
  • Frontage: 292
  • Sideof Street: S
  • Foundation Type: Crawl
  • Roads: Private Road, City/County

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Private Well
  • Water Heater: Electric
  • Fuel Type: Lp/Propane Gas
  • Heating System: Wall Heat
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Septic

Lot Info

  • Assessor Parcel Number: 013-23-400-013
  • Location: Rural
  • Lot Dimensions: 292x726x288x739
  • Section: 23
  • Acreage: 4.5
  • Lot Description: Deep Lot - 150+ Ft., Rolling/Hilly
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Water Included

Tax Info

  • Summer Tax: Year: 2019, Amount: $2,357.00
  • Winter Tax: Year: 2019, Amount: $2,347.00
  • Total Tax: Year: 2019, Amount: $4,704.00

Multi Family

  • Total Units: 5

MLS Schools

  • School District: Perry Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2025
Sold by
Sumbal Sumera and Sumbal Sudiq
Bought by
Jaffer Imtiazali
Current Estimated Value
$291,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Outstanding Balance
$161,695
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$129,472

Purchase Details

Closed on
Aug 5, 2022
Sold by
Sumbal Sadia and Sumbal Sumera
Bought by
Jaffer Imtiazali

Purchase Details

Closed on
May 12, 2009
Sold by
Meldrum Glenn P and Meldrum Jessica
Bought by
Shariak Steve Lawrence and Shariak Kelly Lynne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Jaffer Imtiazali $285,600 Transnation Title
Jaffer Imtiazali $285,600 None Listed On Document
Jaffer Imtiazali $285,600 None Listed On Document
Shariak Steve Lawrence $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaffer Imtiazali $162,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $105,000 -12.5% $28 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $120,000 -- $32 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,408 $87,600 $0 $0
2024 $4,119 $84,300 $0 $0
2023 $1,891 $79,000 $0 $0
2022 $3,881 $74,100 $0 $0
2021 $3,498 $69,900 $0 $0
2020 $3,293 $64,900 $0 $0
2019 $4,704 $106,900 $0 $0
2018 $4,512 $105,700 $0 $0
2017 $4,238 $99,100 $0 $0
2016 -- $99,100 $0 $0
2015 -- $92,300 $0 $0
2014 $20 $87,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50003262

Michigan Multiple Listing Service

APN: 013-23-400-013

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