NOT LISTED FOR SALE

807 Fred St Lansing, MI 48911

South Lansing Neighborhood

Estimated Value: $116,000 - $160,000

2 Beds
1 Bath
1,459 Sq Ft
$97/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $75,500 $52 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $987/month

About This Home

As of January 2018

Duplex just listed, great income or live in one unit and rent the other side. The upper unit was refurbished this year with new flooring, paint, new bath, new doors and hardware, the lower unit was redone last year. Great investment call for details.

Last Agent to Sell the Property

Dawn Brewster

RE/MAX Real Estate Professionals Dewitt License #6501335649 Listed on: 11/03/2017

RE/MAX Real Estate Professionals Dewitt

Last Buyer's Agent

Dawn Brewster

RE/MAX Real Estate Professionals Dewitt License #6501335649 Listed on: 11/03/2017

RE/MAX Real Estate Professionals Dewitt

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 8,407 Sq Ft Lot
  • Lot Dimensions are 60x140

Home Design

  • 1,459 Sq Ft Home
  • Duplex
  • Bi-Level Home
  • Shingle Roof
  • Aluminum Siding

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $15,240

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $623
  • Water Sewer Expense $60
  • New Taxes Expense $1,942

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Gross Rent: 15240.0
  • Water Sewer Expenses: 60.0
  • Tax Year: 2016
  • Year Built: 1966
  • Attribution Contact: 517-669-8118
  • Lot Size Acres: 0.19
  • Lot Size: 60x140
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1459.0
  • Architectural Style: Bi-Level
  • General Property Info:Lot Size Dimensions: 60x140
  • General Property Info:Above Grade Finished Area: 1459.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style:Bi-Level: Yes
  • Tax Info:Taxes2: 1942.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Water Heater:Electric Water Heater2: Yes
  • Annual Inc Expense:Insurance4: 623.0
  • Annual Inc Expense:Tax Expense2: 1942.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Heating: Electric
  • Property Type: Resid/Multi-Family

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Covered
  • Construction Type: Aluminum Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • General Property Info:Parking Total: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Electric: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 8407.08
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2017
Closed on
Jan 19, 2018
Sold by
Bitar Realty Llc
Bought by
Jones Cameron M
Seller's Agent
Dawn Brewster
RE/MAX Real Estate Professionals Dewitt
Buyer's Agent
Dawn Brewster
RE/MAX Real Estate Professionals Dewitt
List Price
$79,999
Sold Price
$75,500
Premium/Discount to List
-$4,499
-5.62%
Current Estimated Value
$142,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,645
Avg. Annual Appreciation
8.51%
Original Mortgage
$56,625
Outstanding Balance
$47,773
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$94,372

Purchase Details

Closed on
Feb 28, 2017
Sold by
Magers Luke A and Magers Erica L
Bought by
Bitar Realty Llc

Purchase Details

Closed on
Apr 8, 2011
Sold by
Magers Erica L
Bought by
Magers Luke A and Magers Erica L

Purchase Details

Closed on
Oct 30, 2008
Sold by
Federal National Mortgage Association
Bought by
Magers Erica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,550
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2008
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 15, 2007
Sold by
Parag Viran G and Parag Sapna V
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Mar 18, 2005
Sold by
Good Edward and Good Linda
Bought by
Parag Viran G and Parag Sapna V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,900
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1994
Source: Public Records

Range of Values:

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Average Value
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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
Jones Cameron M $75,500 Ata National Title Group Llc
Bitar Realty Llc $55,000 None Available
Magers Luke A -- None Available
Magers Erica L $42,000 Atty Title
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $75,033 None Available
Parag Viran G $81,000 Fatic
-- $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Cameron M $56,625
Previous Owner Magers Erica L $36,550
Previous Owner Parag Viran G $72,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2018 01/19/18 Sold $75,500 -5.6% $52 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $79,999 -- $55 / 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 $2,781 $43,500 $8,100 $35,400
2024 $22 $43,800 $8,100 $35,700
2023 $2,622 $40,500 $8,100 $32,400
2022 $2,402 $37,400 $7,400 $30,000
2021 $2,347 $33,100 $4,800 $28,300
2020 $2,329 $30,400 $4,800 $25,600
2019 $2,248 $26,600 $4,800 $21,800
2018 $2,165 $25,800 $4,800 $21,000
2017 $1,954 $25,800 $4,800 $21,000
2016 $2,002 $23,900 $4,800 $19,100
2015 $2,002 $24,000 $9,660 $14,340
2014 $2,002 $25,200 $12,880 $12,320
Source: Public Records

Agents Affiliated with this Home

  • Dawn Brewster

    Seller's Agent in 2018

    Dawn Brewster

    RE/MAX Michigan

    (517) 881-4061

    46 Total Sales

    Dawn Brewster
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 221438

Greater Lansing Association of Realtors®

APN: 01-05-03-301-061

Michigan Ingham County Lansing 48911 South Lansing

807 Fred St, Lansing, MI

This home is located at 807 Fred St, Lansing, MI 48911 since 03 November 2017 and is currently estimated at $142,145, approximately $97 per square foot. This property was built in 1966. 807 Fred St is a home located in Ingham County with nearby schools including Kendon School, Attwood School, and Everett High School.

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