NOT LISTED FOR SALE

831 Reo Rd Lansing, MI 48910

Old Everett Neighborhood

Estimated Value: $119,653 - $171,000

-- Bed
2 Baths
1,690 Sq Ft
$88/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $69,000 $41 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,061/month

178 Days on Market

Highlights

  • 0.4 Acre Lot
  • Ranch Style House
  • Forced Air Heating System

About This Home

As of May 2017

***Don't miss this GREAT income property!*** This Duplex includes two mirrored units that feature two bedrooms, one bath, and in-unit laundry rooms. Both units are section 8 approved and ready to move tenants in. Call today for your personal showing!

Last Agent to Sell the Property

Tracey Hernly

Coldwell Banker Realty-Holt Listed on: 10/10/2016

Last Buyer's Agent

Karen Harris-Parham

Coldwell Banker Professionals-Delta License #6501276908

Coldwell Banker Professionals-Delta

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 157x104

Home Design

  • 1,690 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Bedrooms and Bathrooms

  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Gravel Driveway

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 1958

Lot Details

0

Listing Details

  • Tax Year: 15
  • Levels: One
  • Year Built: 1958
  • Lot Size Acres: 0.4
  • Lot Size: 157x104
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1690.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 157x104
  • General Property Info:Above Grade Finished Area: 1690.0
  • Foundation Details:Slab: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Tax Info:Taxes2: 2267.0
  • 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

  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family

Exterior Features

  • Foundation Details: Slab
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel2: 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: 17424.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2016
Closed on
May 1, 2017
Sold by
Almandares Santiago
Bought by
Dangba Moses and Minisara Alica Z
Seller's Agent
Tracey Hernly
Coldwell Banker Realty-Holt
Buyer's Agent
Karen Harris-Parham
Coldwell Banker Professionals-Delta
List Price
$90,000
Sold Price
$69,000
Premium/Discount to List
-$21,000
-23.33%
Current Estimated Value
$149,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,413
Avg. Annual Appreciation
9.42%
Original Mortgage
$51,750
Outstanding Balance
$43,189
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$106,224

Purchase Details

Closed on
Apr 1, 1995
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
Dangba Moses $69,000 Tri County Title Ag Llc
-- $63,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dangba Moses $51,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2017 05/01/17 Sold $69,000 -23.3% $41 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
10/07/2016 10/07/16 For Sale $90,000 -- $53 / 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 $3,294 $63,500 $11,300 $52,200
2024 $26 $50,400 $11,300 $39,100
2023 $3,104 $50,200 $11,300 $38,900
2022 $2,841 $40,700 $8,400 $32,300
2021 $2,776 $37,600 $7,900 $29,700
2020 $2,756 $35,700 $7,900 $27,800
2019 $2,664 $32,000 $7,900 $24,100
2018 $2,580 $30,900 $7,900 $23,000
2017 $2,328 $30,900 $7,900 $23,000
2016 $2,707 $30,400 $7,900 $22,500
2015 $2,707 $28,900 $15,771 $13,129
2014 $2,707 $35,000 $22,531 $12,469
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tracey Hernly

    Coldwell Banker Hubbell BriarWood

  • Karen Harris-Parham

    Buyer's Agent in 2017

    Karen Harris-Parham

    Coldwell Banker Professionals-Delta

    (517) 815-4663

    1 in this area

    53 Total Sales

    Karen Harris-Parham
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 210394

Greater Lansing Association of Realtors®

APN: 01-01-32-476-172

Michigan Ingham County Lansing 48910 Old Everett

831 Reo Rd, Lansing, MI

Not Listed for Sale

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