NOT LISTED FOR SALE

729 N Chestnut St Lansing, MI 48906

Old Forest Neighborhood

Estimated Value: $128,000 - $178,000

-- Bed
-- Bath
2,030 Sq Ft
$78/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $95,500 $47 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $995/month

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 5-minute walk to Ferris Park
  • 6 Car Detached Garage

About This Home

As of September 2020

What a great opportunity! This property offers 2 units, 1 – 1 bedroom and 1 – 3 bedroom, currently occupied by owner's children. NOT a licensed rental but taxes are reflecting non-homestead. Additional .113 corner lot included in sale, parcel # 33-01-01-09-363-171. This provides ample parking, currently 6 cars can fit comfortably with plenty of extra room! Current occupants are open to signing a lease or vacating property, depending on what buyer would prefer. New roof 2017, Updated electric, some new windows and exterior doors. Please provide 48 hour to accommodate showing requests.

Last Agent to Sell the Property

Genia Beckman

Century 21 Affiliated License #6501389511 Listed on: 08/07/2020

Century 21 Affiliated

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 9,017 Sq Ft Lot
  • Lot Dimensions are 84x107.25
  • Corner Lot

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,030 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 6 Car Detached Garage
  • Dirt Driveway

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 1902

Lot Details

0

Listing Details

  • Tax Year: 2019
  • Year Built: 1902
  • Lot Size Acres: 0.21
  • Lot Size: 84x107.25
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2030.0
  • General Property Info:Lot Size Dimensions: 84x107.25
  • General Property Info:Above Grade Finished Area: 2030.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Parking Features:Dirt3: Yes
  • Tax Info:Taxes2: 3399.33
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 1 bed 1 bath
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Lot Features: Corner Lot
  • Construction Type: Aluminum Siding
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Parking Features: Detached, Dirt
  • Attached Garage: No
  • Parking Features:Detached: Yes
  • Misc Business Info:_pound_ Parking: 6
  • General Property Info:Parking Total: 6

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: 9016.92
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2023
Sold by
Peterson Eric L
Bought by
Basiga Kendra
Current Estimated Value
$157,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,675
Outstanding Balance
$126,847
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$31,071

Purchase Details

Listed on
Aug 7, 2020
Closed on
Sep 10, 2020
Sold by
Hendro Michael and Henderson Amy
Bought by
Peterson Eric L
Seller's Agent
Genia Beckman
Century 21 Affiliated
Buyer's Agent
Non Member
Non Member Office
List Price
$89,900
Sold Price
$95,500
Premium/Discount to List
$5,600
6.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%

Purchase Details

Listed on
Nov 30, 2016
Closed on
Mar 15, 2017
Sold by
Alling Bruce and Alling Cathy
Bought by
Henderson Michael and Henderson Amy
Seller's Agent
Jordon Fletcher
Keller Williams Realty Lansing
Buyer's Agent
Genia Beckman
Century 21 Affiliated
List Price
$52,000
Sold Price
$47,500
Premium/Discount to List
-$4,500
-8.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.15%

Purchase Details

Closed on
Jun 6, 2002
Sold by
Pier Thomas and Pier Sally
Bought by
Alling Bruce and Alling Cathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,775
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Basiga Kendra $172,900 None Listed On Document
Peterson Eric L $95,500 None Listed On Document
Henderson Michael $47,500 None Available
Alling Bruce $71,500 Bell Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basiga Kendra $129,675
Previous Owner Alling Bruce $60,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $95,500 +6.2% $47 / Sq Ft
08/07/2020 08/07/20 For Sale $89,900 +89.3% $44 / Sq Ft
03/16/2017 03/16/17 Sold $47,500 -4.8% $23 / Sq Ft
02/13/2017 02/13/17 Price Changed $49,900 -4.0% $25 / Sq Ft
11/30/2016 11/30/16 For Sale $52,000 -- $26 / 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
2025 $5,522 $71,900 $3,100 $68,800
2024 $46 $65,200 $3,100 $62,100
2023 $3,955 $52,600 $3,100 $49,500
2022 $3,616 $47,100 $3,400 $43,700
2021 $3,533 $42,900 $5,400 $37,500
2020 $3,107 $38,300 $5,400 $32,900
2019 $2,997 $36,700 $5,400 $31,300
2018 $2,846 $34,400 $5,400 $29,000
2017 $2,608 $34,400 $5,400 $29,000
2016 $2,513 $33,800 $5,400 $28,400
2015 $2,513 $32,700 $10,723 $21,977
2014 $2,513 $32,300 $15,750 $16,550
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Genia Beckman

    Century 21 Affiliated

    (910) 728-9908

    57 Total Sales

    Genia Beckman
    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    Non Member Office

  • Jordon Fletcher

    Seller's Agent in 2017

    Jordon Fletcher

    Keller Williams Realty Lansing

    (517) 927-8488

    49 Total Sales

    Jordon Fletcher
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 248536

Greater Lansing Association of Realtors®

APN: 01-01-09-363-161

Michigan Ingham County Lansing 48906 Old Forest

729 N Chestnut St, Lansing, MI

This home is located at 729 N Chestnut St, Lansing, MI 48906 since 07 August 2020 and is currently estimated at $157,918, approximately $77 per square foot. This property was built in 1902. 729 N Chestnut St is a home located in Ingham County with nearby schools including Willow School, Pattengill Academy, and J.W. Sexton High School.

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