811 Larned St Lansing, MI 48912
Estimated payment $474/month
Highlights
- Cooling Available
- Wood Siding
- Heating System Uses Natural Gas
About This Home
Calling all investors and first time homeowners!!This is your chance to build wealth through real estate with a super low barrier to entry! Occupy one unit as an owner occupant and collect rent from the other unit with only 5% down through a new Fannie Mae loan option. Investors enjoy a minimum cash on cash return of 14%!! Market rent for each unit is $650-$700. New sewer line from home to street just installed as well as a new plumbing stack. Upper unit is move in ready. Lower units needs a refresh(10-15K or build sweat equity) and priced accordingly. The easiest entry into investment real estate you'll ever find!
Listing Agent
Jessica Tucker
Keller Williams GR East License #6502403491
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1908
Lot Details
- 1,324 Sq Ft Lot
- Lot Dimensions are 39.5x120
Parking
- 4 Car Garage
Home Design
- Wood Siding
- Vinyl Siding
Interior Spaces
- 1,324 Sq Ft Home
- 2-Story Property
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
- 2 Units
- Green Oak Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $31 | $52,400 | $3,600 | $48,800 |
| 2023 | $3,956 | $42,500 | $3,600 | $38,900 |
| 2022 | $3,174 | $37,200 | $3,000 | $34,200 |
| 2021 | $3,987 | $33,000 | $3,600 | $29,400 |
| 2020 | $3,335 | $29,600 | $3,600 | $26,000 |
| 2019 | $4,780 | $28,300 | $3,600 | $24,700 |
| 2018 | $3,078 | $23,300 | $3,600 | $19,700 |
| 2017 | $1,849 | $23,300 | $3,600 | $19,700 |
| 2016 | $3,281 | $22,900 | $3,600 | $19,300 |
| 2015 | $3,281 | $22,400 | $7,110 | $15,290 |
| 2014 | $3,281 | $22,600 | $7,505 | $15,095 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/08/2024 10/08/24 | Off Market | $1,100 | -- | -- |
| 09/17/2024 09/17/24 | For Rent | $1,100 | 0.0% | -- |
| 06/21/2024 06/21/24 | Sold | $72,500 | -14.6% | -- |
| 05/23/2024 05/23/24 | Pending | -- | -- | -- |
| 04/12/2024 04/12/24 | For Sale | $84,900 | 0.0% | -- |
| 03/27/2024 03/27/24 | Pending | -- | -- | -- |
| 03/18/2024 03/18/24 | Price Changed | $84,900 | -5.7% | -- |
| 01/25/2024 01/25/24 | For Sale | $90,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $72,500 | Grand Rapids Title Company | |
| Warranty Deed | $205,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Titleone | |
| Warranty Deed | $29,000 | Trans | |
| Warranty Deed | $29,000 | Trans | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $54,375 | New Conventional | |
| Previous Owner | $630,000 | New Conventional | |
| Previous Owner | $410,000 | New Conventional | |
| Previous Owner | $45,000 | Unknown |
Source: Greater Lansing Association of Realtors®
MLS Number: 278295
APN: 01-01-15-356-081
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Copyright © 2025 Greater Lansing Association of REALTORS®
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