NOT LISTED FOR SALE

812 Armstrong Rd Lansing, MI 48911

Southern Lansing Neighborhood

Estimated Value: $116,538 - $169,000

Studio
2 Baths
1,494 Sq Ft
$99/Sq Ft Est. Value

Last Sold April 03, 2017

Last sale price $61,128 $41 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,072/month

26 Days on Market

About This Home

As of April 2017

THIS 2 UNIT DUPLEX IS LOCATED IN THE CITY OF LANSING, CLOSE TO SCHOOLS, HIGHWAYS, SHOPPING AND ENTERTAINMENT. EACH UNIT HAS 2 BEDROOMS, 1 FULL BATH, LIVING ROOM, KITCHEN AND DINETTE. THIS IS A MUST SEE!! UP TO 3% CLOSING COST ASSISTANCE AVAILABLE! HomePath Buyer Ready Education Program is an online homebuyer education course for first time, owner occupant buyers. See flyer attached for further details and information. This is a HomePath property. The seller has directed that all offers on this listing be made using the HomePath Online Offer system at the HomePath website. See agent remarks for Home Path website.

Last Agent to Sell the Property

Tony Schmidt

Tony R. Schmidt Realty, Inc License #6502108587 Listed on: 02/03/2017

Last Buyer's Agent

Hayley Harris

Coldwell Banker Professionals-Delta License #6501398032

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 9,017 Sq Ft Lot
  • Lot Dimensions are 60x150

Parking

  • No Garage

Home Design

  • Duplex
  • Ranch Style House
  • Vinyl Siding

Interior Spaces

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

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: 2016
  • 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
  • Levels:One: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Tax Info:Taxes2: 2614.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: DUPLEX
  • 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

  • Parking Features: Asphalt, No Garage
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Sewer: Public Sewer
  • 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: 9016.92
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2017
Closed on
Apr 3, 2017
Sold by
Fannie Mae
Bought by
Thompson Cheryl
Seller's Agent
Tony Schmidt
Tony R. Schmidt Realty, Inc
Buyer's Agent
Hayley Harris
Coldwell Banker Professionals-Delta
List Price
$59,500
Sold Price
$61,128
Premium/Discount to List
$1,628
2.74%
Current Estimated Value
$147,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,757
Avg. Annual Appreciation
10.61%

Purchase Details

Closed on
Jun 13, 2016
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Associatoomn

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
Jan 31, 2002
Sold by
Sempsrott Kirk A and Sempsrott Heidi
Bought by
Cornerstone Investment Of Lansing Llc

Purchase Details

Closed on
Jul 12, 2001
Sold by
Woodside E & D Llc
Bought by
Derusha Michael L and Sempsrott Kirk A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,350
Interest Rate
7.16%
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.
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
Thompson Cheryl $61,128 First Title & Escrow Inc
Federal National Mortgage Associatoomn -- None Available
Derusha Michael L -- None Available
Cornerstone Investment Of Lansing Llc -- Metropolitan Title Company
Derusha Michael L $101,500 --
Woodside E& D L.L.C. $186,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Derusha Michael L $91,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2017 04/03/17 Sold $61,128 +2.7% $41 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $59,500 -- $40 / 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 $3,572 $63,200 $10,900 $52,300
2024 $29 $64,700 $10,900 $53,800
2023 $3,365 $60,000 $10,900 $49,100
2022 $3,079 $52,100 $10,200 $41,900
2021 $3,008 $44,800 $7,000 $37,800
2020 $2,986 $41,600 $7,000 $34,600
2019 $2,880 $39,900 $7,000 $32,900
2018 $2,735 $34,700 $7,000 $27,700
2017 $2,645 $34,700 $7,000 $27,700
2016 $3,311 $34,200 $7,000 $27,200
2015 $3,311 $33,200 $13,943 $19,257
2014 $3,311 $43,400 $17,428 $25,972
Source: Public Records

Agents Affiliated with this Home

  • Tony Schmidt

    Seller's Agent in 2017

    Tony Schmidt

    Tony R. Schmidt Realty, Inc

    (517) 339-2558

    1 in this area

    67 Total Sales

    Tony Schmidt
    Section Image

  • H

    Buyer's Agent in 2017

    Hayley Harris

    Coldwell Banker Professionals-Delta

See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 212841

Greater Lansing Association of Realtors®

APN: 01-05-03-151-092

Michigan Ingham County Lansing 48911 Southern Lansing

812 Armstrong Rd, Lansing, MI

Not Listed for Sale

MultiFamily

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