NOT LISTED FOR SALE

825 Seymour Ave Lansing, MI 48906

Old Forest Neighborhood

Estimated Value: $176,095 - $205,000

-- Bed
-- Bath
2,080 Sq Ft
$90/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $116,750 $56 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,266/month

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • 3-minute walk to Durant Park
  • 4 Car Detached Garage
  • Wood Siding

About This Home

As of December 2018

This 2 Unit is charming. It has high ceilings, nice woodwork, and many updates. Recent exterior painting looks very nice, Pride in ownership. Typically rents are $780/unit, tenants pay all utilities.

Last Agent to Sell the Property

Dave Ledebuhr

Musselman Realty Company License #6502109685 Listed on: 07/03/2018

Last Buyer's Agent

Evan Beach

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,728

Year Built

  • Built in 1925

Lot Details

  • 5,445 Sq Ft Lot
  • Lot Dimensions are 33 x 165

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $18,720

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $800
  • New Taxes Expense $2,728
  • Net Operating Income $15,192

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,728

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Gross Rent: 18720.0
  • Net Income: 15192.0
  • Tax Year: 17
  • Levels: Two
  • Year Built: 1925
  • Lot Size Acres: 0.13
  • Lot Size: 33 x 165
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2080.0
  • General Property Info:Lot Size Dimensions: 33 x 165
  • General Property Info:Above Grade Finished Area: 2080.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Exterior:Wood Siding: Yes
  • Tax Info:Taxes2: 2728.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 2 - Story
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Insurance4: 800.0
  • Annual Inc Expense:Tax Expense2: 2728.0
  • 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

  • Roof: Shingle
  • Patio And Porch Features: Covered
  • Construction Type: Wood Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Detached, Gravel
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:Detached: Yes
  • General Property Info:Parking Total: 4

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: 5445.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2018
Closed on
Dec 14, 2018
Sold by
Djdm A Michigan Limitedliablity Company
Bought by
Weatherwax Chris and Weatherwax Colleen
Seller's Agent
Dave Ledebuhr
Musselman Realty Company
Buyer's Agent
Evan Beach
Non Member Office
List Price
$135,000
Sold Price
$116,750
Premium/Discount to List
-$18,250
-13.52%
Current Estimated Value
$187,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,524
Avg. Annual Appreciation
6.10%
Original Mortgage
$110,912
Outstanding Balance
$97,906
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$76,212

Purchase Details

Closed on
Jan 4, 2010
Sold by
Engman Diana
Bought by
Djdm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,775
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2009
Sold by
Pascarella David A
Bought by
Engman Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,775
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2006
Sold by
Latchaw Corey A
Bought by
Pascarella David A

Purchase Details

Closed on
May 11, 2001
Sold by
Holoway Robert P and Holoway Lynne
Bought by
Latchaw Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,364
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 1998
Sold by
Tulloch Cheryl L
Bought by
Holoway Robert P
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Weatherwax Chris $116,750 None Available
Djdm Llc -- Summit
Engman Diana $22,000 Diversified
Pascarella David A $92,500 None Available
Latchaw Corey $81,000 --
Holoway Robert P $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weatherwax Chris $110,912
Previous Owner Djdm Llc $36,500
Previous Owner Djdm Llc $35,775
Previous Owner Latchaw Corey $80,364
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $116,750 -2.3% $56 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
08/22/2018 08/22/18 Price Changed $119,500 -8.0% $57 / Sq Ft
08/09/2018 08/09/18 Price Changed $129,900 -3.8% $62 / Sq Ft
07/03/2018 07/03/18 For Sale $135,000 -- $65 / 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 $3,220 $81,700 $3,300 $78,400
2024 $26 $74,000 $3,300 $70,700
2023 $3,019 $59,600 $3,300 $56,300
2022 $2,721 $53,200 $3,700 $49,500
2021 $2,665 $48,100 $5,800 $42,300
2020 $2,648 $43,400 $5,800 $37,600
2019 $2,501 $41,600 $5,800 $35,800
2018 $2,991 $38,100 $5,800 $32,300
2017 $2,728 $38,100 $5,800 $32,300
2016 $4,896 $37,400 $5,800 $31,600
2015 $4,896 $36,200 $11,550 $24,650
2014 $4,896 $35,100 $15,750 $19,350
Source: Public Records

Agents Affiliated with this Home

  • Dave Ledebuhr

    Seller's Agent in 2018

    Dave Ledebuhr

    Musselman Realty Company

    (517) 332-3582

    79 Total Sales

    Dave Ledebuhr
    Section Image

  • E

    Buyer's Agent in 2018

    Evan Beach

    Non Member Office

See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 227952

Greater Lansing Association of Realtors®

APN: 01-01-09-379-161

Michigan Ingham County Lansing 48906 Old Forest

825 Seymour Ave, Lansing, MI

This home is located at 825 Seymour Ave, Lansing, MI 48906 since 03 July 2018 and is currently estimated at $187,274, approximately $90 per square foot. This property was built in 1925. 825 Seymour Ave is a home located in Ingham County with nearby schools including Willow School, Pattengill Academy, and J.W. Sexton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lansing Association of Realtors® IDX information is provided exclusively for Consumers'
personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2025 Greater Lansing Association of REALTORS®

Nearby Homes