NOT LISTED FOR SALE

802 E Shiawassee St Lansing, MI 48912

The Stadium District Neighborhood

Estimated Value: $121,000 - $216,000

4 Beds
4 Baths
1,905 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $120,000 $63 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $975/month

5 Days on Market

About This Home

As of May 2021

Large four unit multi family with $1900 in monthly rent, Offers over 2000 finished square feet of living space. Currently all rented. Convenient location to Downton, LCC, MSU and Old Town. 24 hour notice required.

Last Agent to Sell the Property

Mike Kuzawa

Five Star Real Estate (Main) License #6501293354 Listed on: 03/30/2021

Five Star Real Estate (Main)

Last Buyer's Agent

Doug Takens

Independence Realty (Main) License #6501343127

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,547

Year Built

  • Built in 1885

Lot Details

  • 6,098

Parking

  • 7 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 6,098 Sq Ft Lot

Community Details

  • 4 Units
  • Insurance Expense $1,049

Listing and Financial Details

  • Tenant pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,547

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 120000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 7.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Cable Connected, Telephone Line
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: RESIDENTIAL
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Sewer, Gas

Multi Family

  • Insurance Expense: 1049.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2547.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
May 11, 2021
Sold by
Gani Geno S and Weber Gilbert
Bought by
Martinez Leticia
Seller's Agent
Mike Kuzawa
Five Star Real Estate (Main)
Buyer's Agent
Doug Takens
Independence Realty (Main)
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$175,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,973
Avg. Annual Appreciation
9.50%
Original Mortgage
$50,000
Outstanding Balance
$45,791
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$130,182

Purchase Details

Closed on
Oct 27, 2005
Sold by
Michigan Non Profit Real Estate Developm
Bought by
Gani Geno S and Weber Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
5.98%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 30, 1999
Sold by
Community First Bank
Bought by
Michigan Non Profit Real Estate Developm and Ferris Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
7.7%

Purchase Details

Closed on
Mar 11, 1999
Sold by
Housing Resource Center
Bought by
Community First Bank
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
Martinez Leticia $120,000 Chicago Title Of Mi Inc
Gani Geno S $120,000 Landamerica Transnation Titl
Michigan Non Profit Real Estate Developm $30,220 --
Community First Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Leticia $50,000
Previous Owner Gani Geno S $19,000
Previous Owner Ferris Development $45,000
Previous Owner Michigan Non Profit Real Estate Developm $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $120,000 0.0% $63 / Sq Ft
05/11/2021 05/11/21 Sold $120,000 0.0% $54 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $120,000 0.0% $63 / Sq Ft
03/15/2021 03/15/21 For Sale $120,000 -- $54 / Sq Ft
Source: Southwestern Michigan 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 $57,300 $4,600 $52,700
2023 $4,031 $48,800 $4,600 $44,200
2022 $3,700 $42,300 $3,400 $38,900
2021 $2,417 $36,900 $4,300 $32,600
2020 $2,322 $33,900 $4,300 $29,600
2019 $2,224 $28,600 $4,300 $24,300
2018 $2,126 $23,300 $4,300 $19,000
2017 $2,038 $23,300 $4,300 $19,000
2016 $2,018 $22,900 $4,300 $18,600
2015 $2,018 $22,300 $8,693 $13,607
2014 $2,018 $22,800 $8,693 $14,107
Source: Public Records

Agents Affiliated with this Home

  • Mike Kuzawa

    Seller's Agent in 2021

    Mike Kuzawa

    Five Star Real Estate (Main)

    (616) 293-4218

    3 in this area

    99 Total Sales

    Section Image
  • Doug Takens

    Buyer's Agent in 2021

    Doug Takens

    Independence Realty (Main)

    (616) 262-4574

    2 in this area

    770 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    Non Member Office

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21007796

Southwestern Michigan Association of REALTORS®

APN: 01-01-15-151-231

Michigan Ingham County Lansing 48912 The Stadium District

802 E Shiawassee St, Lansing, MI

This home is located at 802 E Shiawassee St, Lansing, MI 48912 since 30 March 2021 and is currently estimated at $175,973, approximately $92 per square foot. This property was built in 1885. 802 E Shiawassee St is a home located in Ingham County with nearby schools including Pattengill Academy, Riddle Elementary School, and Eastern Lansing High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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