NOT LISTED FOR SALE

819 N Walnut St Lansing, MI 48906

Old Forest Neighborhood

Estimated Value: $117,000 - $155,000

-- Bed
4 Baths
2,244 Sq Ft
$60/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $158,900 $71 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $757/month

13 Days on Market

Highlights

  • Hot Water Heating System
  • Wood Siding
  • 5-minute walk to Durant Park

About This Home

As of August 2021

Great opportunity! 4 nice 1 bedroom, 1 bath units. Near Downtown and Oldtown! Unit 2 is the only vacant unit. Landlord pays all utilities. Showing with 48 hr advance notice. Serious inquiries only. The property is in the decontrol period of a MSHDA LIHTC program which expires August 2023. Existing tenants are rent protected. Maximum allowable rent is $898/month per unit. Please see TPP letter in additional documents. Once a unit is vacant it is released from the program and free of restrictions. Broker has ownership interest in the property.

Last Agent to Sell the Property

Benjamin Parker

Apex Appraisal Company LLC License #1205069793 Listed on: 05/19/2021

Last Buyer's Agent

Tina Batterson

Home Towne Real Estate License #6501414494

Home Towne Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $460

Year Built

  • Built in 1895

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 49.5x115.5

Home Design

  • Wood Siding

Interior Spaces

  • 2,244 Sq Ft Home
  • 2-Story Property

Basement

  • Michigan Basement
  • Crawl Space

Parking

  • 6 Parking Spaces
  • Driveway

Utilities

  • No Cooling
  • Hot Water Heating System

Community Details

  • 4 Units
  • Lake Lansing Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$460

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Tax Year: 2020
  • Levels: Two
  • Year Built: 1895
  • Lot Size Acres: 0.13
  • Lot Size: 49.5x115.5
  • Subdivision Name: Lake Lansing
  • Above Grade Finished Sq Ft: 2244.0
  • General Property Info:Lot Size Dimensions: 49.5x115.5
  • General Property Info:Above Grade Finished Area: 2244.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Exterior:Wood Siding: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 460.0
  • Tax Info:Zoning3: Multi-Family
  • General Property Info:Building 1 Description: 4 Unit
  • General Property Info:_pound_ of Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • General Property Info:Parking Total: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: None
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 5141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
Melocchi Joseph G
Bought by
Kyle Shaw Residential Properties Llc
Current Estimated Value
$136,407

Purchase Details

Listed on
May 19, 2021
Closed on
Aug 4, 2021
Sold by
Eq Holdings Llc
Bought by
Melocchi Joseph G
Seller's Agent
Benjamin Parker
Apex Appraisal Company LLC
Buyer's Agent
Tina Batterson
Home Towne Real Estate
List Price
$158,900
Sold Price
$158,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.32%
Original Mortgage
$119,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2002
Sold by
Renner Emmy Lou and Renner Patricia C
Bought by
Michigan Non Profit Real Estate Developm and Ferris Development

Purchase Details

Closed on
Mar 3, 1999
Sold by
Rose Richard C and Rose Mary Elizabeth
Bought by
Renner Emmy Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,125
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
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
Kyle Shaw Residential Properties Llc $120,000 Red Cedar Title
Melocchi Joseph G $158,900 None Available
Michigan Non Profit Real Estate Developm $136,500 Midstate Title Company
Renner Emmy Lou $49,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melocchi Joseph G $119,000
Previous Owner 02-1 North Walnut $30,000
Previous Owner 02-1 North Walnut $490,000
Previous Owner Renner Emmy Lou $78,750
Previous Owner Renner Emmy Lou $37,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Sold $158,900 0.0% $71 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $158,900 -- $71 / 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
2024 $30 $73,900 $4,100 $69,800
2023 $3,887 $58,100 $4,100 $54,000
2022 $991 $52,100 $4,700 $47,400
2021 $468 $0 $0 $0
2020 $460 $0 $0 $0
2019 $440 $0 $0 $0
2018 $75 $0 $0 $0
2017 $440 $0 $0 $0
2016 $378 $0 $0 $0
2015 $378 $14,495 $14,495 $0
2014 $378 $15,750 $15,750 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Benjamin Parker

    Apex Appraisal Company LLC

    (517) 290-5100

    4 in this area

    22 Total Sales

    Section Image
  • Tina Batterson

    Buyer's Agent in 2021

    Tina Batterson

    Home Towne Real Estate

    (517) 775-9055

    5 in this area

    82 Total Sales

    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 255613

Greater Lansing Association of Realtors®

APN: 01-01-09-361-161

Michigan Ingham County Lansing 48906 Old Forest

819 N Walnut St, Lansing, MI

This home is located at 819 N Walnut St, Lansing, MI 48906 since 19 May 2021 and is currently estimated at $134,218, approximately $59 per square foot. This property was built in 1895. 819 N Walnut St is a home located in Ingham County with nearby schools including Willow School, Pattengill Academy, and J.W. Sexton High School.

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