NOT LISTED FOR SALE

806 Armstrong Rd Lansing, MI 48911

Estimated Value: $123,000 - $168,000

-- Bed
2 Baths
1,494 Sq Ft
$101/Sq Ft Est. Value

Last Sold February 10, 2017

Last sale price $53,000 $35 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $850/month

49 Days on Market

About This Home

As of February 2017

Super duplex; each unit has two bedrooms, one bathroom, kitchen with eat in dining area, spacious living room and a full basement; convenient location close to transportation, expressways, shopping and more! This is a Fannie Mae Homepath property. The seller has directed that all offers on this listing be made using the HomePath Online Offer system at the HomePath website. Please go to HomePath.com to make an offer.

Last Listed By

D. Michon/Michon Group

RE/MAX Real Estate Professionals License #6501311699 Listed on: 12/02/2016

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 8,973 Sq Ft Lot
  • Lot Dimensions are 60x150

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2 Bathrooms
  • 1,494 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

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 1972

Lot Details

0

Listing Details

  • Tax Year: 15
  • Levels: One
  • Year Built: 1972
  • Lot Size Acres: 0.21
  • Lot Size: 60x150
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1494.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 60x150
  • General Property Info:Above Grade Finished Area: 1494.0
  • Sewer:Public Sewer: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Tax Info:Taxes2: 2597.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Income Property
  • 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

  • Construction Type: Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: Asphalt, No Garage
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:No Garage: Yes
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • SecurityFeatures: Smoke Detector(s)
  • 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: 8973.36
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2016
Closed on
Feb 9, 2017
Sold by
Fannie Mae
Bought by
P W Development Llc
Seller's Agent
D. Michon/Michon Group
RE/MAX Real Estate Professionals
Buyer's Agent
D. Michon/Michon Group
RE/MAX Real Estate Professionals
List Price
$63,600
Sold Price
$53,000
Premium/Discount to List
-$10,600
-16.67%
Total Days on Market
49
Current Estimated Value
$151,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,446
Avg. Annual Appreciation
13.48%

Purchase Details

Closed on
Jun 13, 2016
Sold by
Citi Mortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 5, 2016
Sold by
Derusha Michael L and Derusha Winifred J
Bought by
Citimortgage Inc

Purchase Details

Closed on
Sep 19, 2014
Sold by
Fox James W and Fox Phyllis M
Bought by
Derusha Michael L and Derusha Winifred J

Purchase Details

Closed on
Oct 14, 2002
Sold by
Woodside E & D Llc
Bought by
Cornerstone Investments Of Lansing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 1998
Sold by
Norman Norma E
Bought by
Woodside E& D L.L.C.

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
P W Development Llc -- None Available
Federal National Mortgage Association -- None Available
Citimortgage Inc -- None Available
Derusha Michael L -- None Available
Cornerstone Investments Of Lansing Llc $101,500 Metropolitan Title Company
Woodside E& D L.L.C. $186,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open P W Development Llc $127,500
Previous Owner Cornerstone Investments Of Lansing Llc $95,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2017 02/10/17 Sold $53,000 -16.7% $35 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
12/02/2016 12/02/16 For Sale $63,600 -- $43 / 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 $29 $65,100 $10,900 $54,200
2023 $3,393 $60,400 $10,900 $49,500
2022 $3,104 $52,400 $10,200 $42,200
2021 $3,033 $45,100 $7,000 $38,100
2020 $3,010 $41,900 $7,000 $34,900
2019 $2,903 $40,100 $7,000 $33,100
2018 $2,757 $35,100 $7,000 $28,100
2017 $2,867 $35,100 $7,000 $28,100
2016 $3,340 $34,500 $7,000 $27,500
2015 $3,340 $33,500 $13,943 $19,557
2014 $3,340 $43,800 $17,428 $26,372
Source: Public Records

Agents Affiliated with this Home

  • D

    Buyer's Agent in 2017

    David Michon

    Berkshire Hathaway HomeServices

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 211619

Greater Lansing Association of Realtors®

APN: 01-05-03-151-102

Michigan Ingham County Lansing 48911

806 Armstrong Rd, Lansing, MI

Homes for Sale in Lansing, MI

This home is located at 806 Armstrong Rd, Lansing, MI 48911 since 02 December 2016 and is currently estimated at $151,446, approximately $101 per square foot. This property was built in 1972. 806 Armstrong Rd is a home located in Ingham County with nearby schools including Kendon School, Attwood School, and Everett High School.

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