NOT LISTED FOR SALE

7537 E Lansing Rd Durand, MI 48429

Estimated Value: $106,000 - $322,000

6 Beds
4 Baths
3,136 Sq Ft
$62/Sq Ft Est. Value

Last Sold October 23, 2018

Last sale price $70,000 $22 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $1,299/month

102 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • Ceiling Fan
  • Porch

About This Home

As of October 2018

Two building - 4 apartments - one great investment opportunity. All units have 2 private entries w/ outdoor sitting areas to enjoy the 1+ acre. Each have updated electrical panels and newer wall furnaces. The main building has 3 Apts w/ updated baths. Unit B has been recently renovated w/new flooring, cabinets, paint & has a small study. Unit C is a 2 bed w/ large livingroom, deck and back porch. Unit A has a undated bath but still needs finishing. The attached utility room is equipped w/washer & dryer & a workbench. Behind the main house is a quaint freestanding cottage which is nestled among mature oaks. It has 2 bedrooms (Bed #2 closet was converted into a large pantry), good sized livingroom & an artisan feel. It has its own washer/ dryer hookup. Well & Septic were inspected by the county in October & water test done at that time too. Drains cleaned & Septic pumped 2018. New water heater for units A/B & some new steel entry doors. Tenant pays their own heat and electric.

Last Agent to Sell the Property

Michelle Plunkett

Red Carpet Keim Action Group I Inc License #6501356798 Listed on: 07/12/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 1.28 Acre Lot
  • Lot Dimensions are 208x400x100x300

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,136 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Outdoor Features

  • Deck
  • Porch

Utilities

  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0121710001801

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 1 Story
  • Assessment: 780
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Sq Ft Combined: 3136
  • Total Sq Ft: 3136

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 208
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Unassigned
  • Total Parking Spaces: 8

Utilities

  • Heating Fuel: Electric
  • Cooling: Ceiling Fan(s)
  • Heating: Wall Furnace
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Electric
  • Water Source: Well (Existing)

Schools

  • School District: Durand

Lot Info

  • Lot Size Area: 1.28
  • Lot Dimensions: 208x400x100x300
  • Parcel Number: 0121710001801
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Water/Sewer, Water

Tax Info

  • Tax Amount Summer: 571.1300
  • Tax Amount Winter: 1550.0000
  • Total Tax: 2121.1300

Multi Family

  • Number Of Units Total: 4
  • Unit Count: 4
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Durand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2018
Sold by
Ehardt Ryan and Qi Yue
Bought by
Condor Holdings Llc
Current Estimated Value
$194,017

Purchase Details

Listed on
Jul 31, 2017
Closed on
Nov 16, 2017
Sold by
Hubbard Louise
Bought by
Qi Yue and Ehardt Ryan
Seller's Agent
Mary Sumpter
Coldwell Banker Professionals Morrice/Owosso
Buyer's Agent
Michelle Plunkett
Ayre Rhinehart Action
List Price
$64,900
Sold Price
$50,000
Premium/Discount to List
-$14,900
-22.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.15%

Purchase Details

Closed on
Apr 30, 2017
Sold by
Hubbard Thomas A
Bought by
Hubbard Louise

Purchase Details

Closed on
Apr 28, 2017
Sold by
Bates Brian L and Bates Kaye L
Bought by
Hubbard Louise

Purchase Details

Closed on
Jan 14, 2014
Sold by
Hubbard Louise
Bought by
Hubbard Louise and Hubbard Geoffrey M

Purchase Details

Listed on
Nov 15, 2011
Closed on
Mar 26, 2012
Sold by
Bank Of America
Bought by
Hubbard Louise
Seller's Agent
Wilson Lahoud
Inca Realty, LLC
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$25,900
Sold Price
$12,000
Premium/Discount to List
-$13,900
-53.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.05%
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
Condor Holdings Llc -- --
Qi Yue $50,000 None Available
Hubbard Louise -- None Available
Hubbard Louise -- None Available
Hubbard Louise -- --
Hubbard Louise $12,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2018 10/23/18 Sold $70,000 -4.1% $22 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $73,000 +4.3% $23 / Sq Ft
10/04/2018 10/04/18 Off Market $70,000 -- --
07/12/2018 07/12/18 For Sale $73,000 +46.0% $23 / Sq Ft
11/16/2017 11/16/17 Sold $50,000 -23.0% $16 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $64,900 +440.8% $21 / Sq Ft
03/14/2012 03/14/12 Sold $12,000 -53.7% $4 / Sq Ft
02/09/2012 02/09/12 Pending -- -- --
11/15/2011 11/15/11 For Sale $25,900 -- $9 / Sq Ft
Source: Realcomp

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 $2,845 $46,000 $0 $0
2024 $2,772 $46,000 $0 $0
2023 $531 $46,000 $0 $0
2022 $531 $46,000 $0 $0
2021 $2,502 $46,000 $0 $0
2020 $2,427 $46,000 $0 $0
2019 $2,290 $49,000 $0 $0
2018 $3,098 $49,700 $0 $0
2017 $2,102 $46,900 $0 $0
2016 $750 $46,900 $0 $0
2015 $750 $47,500 $0 $0
2014 $6 $46,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Plunkett

    Seller's Agent in 2018

    Michelle Plunkett

    Red Carpet Keim Action Group I Inc

    (810) 569-3455

    189 Total Sales

    Section Image
  • Mary Sumpter

    Seller's Agent in 2017

    Mary Sumpter

    Coldwell Banker Professionals Morrice/Owosso

    (517) 202-6729

    129 Total Sales

    Section Image
  • Wilson Lahoud

    Seller's Agent in 2012

    Wilson Lahoud

    Inca Realty, LLC

    (810) 691-1485

    104 Total Sales

    Section Image

  • N

    Buyer's Agent in 2012

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2012

    Unidentified Agent

    Unidentified Office

See All Agents

Map

Source: Realcomp

MLS Number: 218065170

Realcomp

APN: 012-17-100-018-01

Michigan Shiawassee County Durand 48429

7537 E Lansing Rd, Durand, MI

This home is located at 7537 E Lansing Rd, Durand, MI 48429 since 12 July 2018 and is currently estimated at $194,017, approximately $61 per square foot. This property was built in 1940. 7537 E Lansing Rd is a home located in Shiawassee County with nearby schools including Bertha Neal Elementary School, Robert Kerr School, and Durand Middle School.

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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