NOT LISTED FOR SALE

814 Vine St Lansing, MI 48912

The Stadium District Neighborhood

Estimated Value: $138,000 - $255,000

-- Bed
4 Baths
1,616 Sq Ft
$110/Sq Ft Est. Value

Last Sold November 07, 2018

Last sale price $149,900 $93 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,281/month

18 Days on Market

About This Home

As of November 2018

Tenant occupied 4 unit 2 story home (each unit is 1 bed, 1 bath) Also sold as Portfolio with MLS #229726, 808 Vine Street (3 unit) MLS # 229738, 818 Vine Street (4 unit) and MLS #229928, 528 S. Walnut (single unit)

Last Agent to Sell the Property

Sandra Bailey-Bristol

Preview Properties.com Listed on: 08/21/2018

Last Buyer's Agent

Hunter Seyfarth

Berkshire Hathaway HomeServices License #6501386167

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,085

Year Built

  • Built in 1907

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x132

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,616 Sq Ft Home
  • 2-Story Property
  • Michigan Basement

Parking

  • 6 Parking Spaces
  • No Garage
  • Gravel Driveway

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $27,180

Community Details

Overview

  • 4 Units

Building Details

  • New Taxes Expense $2,239
  • Net Operating Income $21,857

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,085

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Gross Rent: 27180.0
  • Net Income: 21857.0
  • Tax Year: 2017
  • Levels: Two
  • Year Built: 1907
  • Lot Size Acres: 0.12
  • Lot Size: 40x132
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1616.0
  • General Property Info:Lot Size Dimensions: 40x132
  • General Property Info:Above Grade Finished Area: 1616.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Exterior:Wood Siding: Yes
  • Tax Info:Taxes2: 2085.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Two story - 4 unit
  • General Property Info:_pound_ of Units: 4
  • Annual Inc Expense:Tax Expense2: 2239.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan
  • Heating: Hot Water, Natural Gas
  • Property Type: Resid/Multi-Family
  • Basement:Michigan: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Gravel, No Garage
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:No Garage: Yes
  • General Property Info:Parking Total: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1541

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2021
Sold by
Hillsdale Street Investments Llc
Bought by
2020 Property Management Llc
Current Estimated Value
$177,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Outstanding Balance
$277,858
Interest Rate
3.05%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$100,858

Purchase Details

Closed on
Mar 15, 2017
Sold by
Peyhani Fooragh Vakili and Chami Kamran Vakili
Bought by
Classic Family Real Estate Llc

Purchase Details

Closed on
Oct 28, 2015
Sold by
Chami Kamran Vakili
Bought by
Peyhani Foorogh Vakili

Purchase Details

Closed on
Jul 5, 2007
Sold by
Gamet Benjamin and Gamet Sara
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 3, 2006
Sold by
Judd Danial L and Judd Sandra J
Bought by
Gamet Benjamin and Gamet Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,625
Interest Rate
10.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2003
Sold by
Gallagher Investments Llc
Bought by
Judd Danial L and Judd Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,750
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2000
Sold by
Roderick Wanda W
Bought by
Gallagher Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1997
Sold by
Mccoy Durwood K and Mccoy Judith D
Bought by
Michael Vanderlip
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2020 Property Management Llc $410,000 None Available
Classic Family Real Estate Llc $42,000 None Available
Peyhani Foorogh Vakili $9,800 None Available
Wells Fargo Bank Na $99,262 None Available
Gamet Benjamin $112,500 None Available
Judd Danial L $77,000 Fatic
Gallagher Investments Llc $90,000 First American Title Ins Co
Michael Vanderlip $120,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2020 Property Management Llc $307,500
Previous Owner Gamet Benjamin $95,625
Previous Owner Judd Danial L $57,750
Previous Owner Gallagher Investments Llc $100,000
Closed Judd Danial L $11,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2018 11/07/18 Sold $149,900 0.0% $93 / Sq Ft
09/07/2018 09/07/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $149,900 -- $93 / 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 $4,199 $68,200 $3,800 $64,400
2024 $32 $56,300 $3,800 $52,500
2023 $3,964 $47,800 $3,800 $44,000
2022 $3,639 $41,500 $2,800 $38,700
2021 $2,669 $35,800 $3,600 $32,200
2020 $2,646 $33,000 $3,600 $29,400
2019 $2,523 $27,700 $3,600 $24,100
2018 $2,308 $23,400 $3,600 $19,800
2017 $2,085 $23,400 $3,600 $19,800
2016 $3,456 $23,000 $3,600 $19,400
2015 $3,456 $22,400 $7,255 $15,145
2014 $3,456 $22,500 $7,255 $15,245
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sandra Bailey-Bristol

    Preview Properties

  • H

    Buyer's Agent in 2018

    Hunter Seyfarth

    Berkshire Hathaway HomeServices

    (517) 281-1683

    1 in this area

    39 Total Sales

    Hunter Seyfarth
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 229735

Greater Lansing Association of Realtors®

APN: 01-01-15-153-211

Michigan Ingham County Lansing 48912 The Stadium District

814 Vine St, Lansing, MI

Not Listed for Sale

MultiFamily

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