NOT LISTED FOR SALE

811 Larned St Lansing, MI 48912

The Stadium District Neighborhood

Estimated Value: $92,000 - $128,000

-- Bed
1 Bath
1,324 Sq Ft
$81/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $72,500 $55 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $674/month

115 Days on Market

Highlights

  • Cooling Available
  • Wood Siding
  • Heating System Uses Natural Gas

About This Home

As of June 2024

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!

Last Agent to Sell the Property

Jessica Tucker

Keller Williams GR East License #6502403491 Listed on: 04/12/2024

Keller Williams GR East

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Parking

4

Listing Details

  • Tax Year: 2023
  • Levels: Two
  • Year Built: 1908
  • Lot Size Acres: 0.03
  • Lot Size: 39.5x120
  • Subdivision Name: Green Oak
  • Above Grade Finished Sq Ft: 1324.0
  • General Property Info:Lot Size Dimensions: 39.5x120
  • General Property Info:Above Grade Finished Area: 1324.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Exterior:Vinyl Siding: Yes
  • Exterior:Wood Siding: Yes
  • Tax Info:Taxes2: 3987.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: See Remarks
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Lead Based Paint, Sellers Disclosures
  • Construction Type: Vinyl Siding, Wood Siding

Garage/Parking

  • Total Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • General Property Info:Parking Total: 4
  • Parking Features:Garage Spaces2: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • LaundryFeatures: None
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Amenities: None

Association/Amenities

  • Association Amenities:None12: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 1324.22
  • Zoning Description: Zoning

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Jun 21, 2024
Sold by
Jtk Property Solutions Llc
Bought by
Rogueview Properties Llc
Seller's Agent
Jessica Tucker
Keller Williams GR East
List Price
$90,000
Sold Price
$72,500
Premium/Discount to List
-$17,500
-19.44%
Views
101
Current Estimated Value
$107,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,148
Avg. Annual Appreciation
31.09%
Original Mortgage
$54,375
Outstanding Balance
$18,978
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$88,670

Purchase Details

Closed on
Jan 28, 2022
Sold by
Cooper Rentals Llc
Bought by
Jtk Property Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2022
Sold by
Cooper Rentals Llc
Bought by
A & M Lansing I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2021
Sold by
Isbell Street Llc
Bought by
Cooper Rentals Llc

Purchase Details

Closed on
Jan 28, 2005
Sold by
Ray Randy and Ray Beverly
Bought by
Isbell Street Llc

Purchase Details

Closed on
Feb 2, 1998
Sold by
Brya Brent J and Brya Deborah Sue
Bought by
Otis Gary L and Otis Iola B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rogueview Properties Llc $72,500 Grand Rapids Title Company
Jtk Property Solutions Llc $205,000 None Listed On Document
A & M Lansing I Llc -- None Listed On Document
Cooper Rentals Llc -- None Listed On Document
Isbell Street Llc $29,000 Trans
Ray Randy $29,000 Trans
Otis Gary L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogueview Properties Llc $54,375
Previous Owner Jtk Property Solutions Llc $410,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2024 06/21/24 Sold $72,500 -14.6% $55 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/13/2024 05/13/24 Price Changed $84,900 -5.7% $64 / Sq Ft
04/12/2024 04/12/24 For Sale $90,000 0.0% $68 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $90,000 -- $68 / 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 $3,858 $60,600 $3,600 $57,000
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
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jessica Tucker

    Keller Williams GR East

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 278295

Greater Lansing Association of Realtors®

APN: 01-01-15-356-081

Michigan Ingham County Lansing 48912 The Stadium District

811 Larned St, Lansing, MI

Not Listed for Sale

MultiFamily

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