$111,450
SOLD OCT 11, 2024
-- Bed
-- Bath
1,316 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$85 Per Sq Ft

3% Below List Price

8 Days on Market

Highlights

  • Traditional Architecture
  • Asbestos
  • 3-minute walk to Oak Park
  • Forced Air Heating System

About This Home

As of October 2024

Welcome to 832 E. Genesee! A move-in ready duplex centrally located in downtown Lansing and across the street from a park! Tenants pay for gas, electricity and trash - the owner pays for water and sewer. Separate entrances for each unit too! The upper 1-bedroom unit has been recently updated with new flooring, new kitchen cabinet hardware and paint. The lower unit features a long-term tenant, 2 bedrooms, private laundry in-unit, hardwood floors, and a nice sized galley style kitchen. The exterior was repainted in 2021 and this duplex is located less than 10 minutes to MSU, LCC, the Capital, highways and shopping! If you're looking for an affordable investment or to get into your first live-in 'house-hack' this is a must see!

Last Agent to Sell the Property

Zach Peck

Keller Williams Realty Lansing License #6501377494 Listed on: 07/25/2024

Keller Williams Realty Lansing

Last Buyer's Agent

Keith Tate

Prime Realty Group License #6501400298

Prime Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,725

Year Built

  • Built in 1898

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 33x165

Home Design

  • Duplex
  • Traditional Architecture
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 1,316 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement
  • Crawl Space

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $1,325

Community Details

Overview

  • 2 Units
  • Assrs 22 Lansing Subdivision

Building Details

  • Water Sewer Expense $1,080
  • New Taxes Expense $2,725

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,725

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Gross Rent: 1325.0
  • Water Sewer Expenses: 1080.0
  • Tax Year: 2023
  • Levels: Two
  • Year Built: 1898
  • Lot Size Acres: 0.13
  • Lot Size: 33x165
  • Subdivision Name: Assrs 22 - Lansing
  • Above Grade Finished Sq Ft: 1316.0
  • Architectural Style: Traditional
  • General Property Info:Lot Size Dimensions: 33x165
  • General Property Info:Above Grade Finished Area: 1316.0
  • Laundry Features:Main Level: Yes
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Exterior:Asbestos: Yes
  • Architectural Style:Traditional: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 2725.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: 2 story duplex
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Tax Expense2: 2724.71
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Full, Michigan
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • ResoLivingAreaSource: Estimated
  • Full Basement: Yes
  • Basement:Michigan: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Disclosures: Lead Based Paint, Sellers Disclosures
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Construction Type: Asbestos

Garage/Parking

  • Total Parking Spaces: 1.0
  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • General Property Info:Parking Total: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: Main Level
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Fee Information

  • Annual Water Sewer Expense: 1080.0

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Zoning Description: Zoning
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 2724.71
  • Tax Carrier Route: 1504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Oct 10, 2024
Sold by
Palmer Anthony
Bought by
Perez Erica D
Seller's Agent
Zach Peck
Keller Williams Realty Lansing
Buyer's Agent
Keith Tate
Prime Realty Group
List Price
$114,900
Sold Price
$111,450
Premium/Discount to List
-$3,450
-3%
Total Days on Market
8
Views
43
Current Estimated Value
$107,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,648
Avg. Annual Appreciation
-4.68%
Original Mortgage
$109,431
Outstanding Balance
$108,794
Interest Rate
6.2%
Mortgage Type
FHA
Estimated Equity
-$762

Purchase Details

Listed on
May 20, 2021
Closed on
Sep 20, 2021
Sold by
Warning Thomas and Ryan Kathleen
Bought by
Huber Dale and Huber Sara
Seller's Agent
Cara Alspaugh
Trubrook, LLC
Buyer's Agent
Zach Peck
Keller Williams Realty Lansing
List Price
$82,900
Sold Price
$78,900
Premium/Discount to List
-$4,000
-4.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.91%
Original Mortgage
$77,470
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
May 20, 2021
Closed on
Sep 16, 2021
Sold by
Warning Thomas and Ryan Kathleen
Bought by
Palmer Anthony P
Seller's Agent
Cara Alspaugh
Trubrook, LLC
Buyer's Agent
Zach Peck
Keller Williams Realty Lansing
List Price
$82,900
Sold Price
$78,900
Premium/Discount to List
-$4,000
-4.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,470
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2016
Sold by
Huber Dale D and Huber Sara E
Bought by
Warning Thomas and Ryan Kathleen

Purchase Details

Closed on
May 7, 2007
Sold by
Warning Tom and Ryan Kathleen
Bought by
Ryan Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 28, 2005
Sold by
Kimari Samuel N
Bought by
Warning Tom and Ryan Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200
Interest Rate
9.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 14, 2003
Sold by
Kruger Mark
Bought by
Kruger Ruth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,150
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2003
Sold by
Kruger Ruth B
Bought by
Kimari Samuel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,150
Interest Rate
6%
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 Type Sale Price Title Company
Warranty Deed $111,450 Transnation Title
Quit Claim Deed -- None Available
Warranty Deed $78,900 Liberty Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Talon
Warranty Deed $61,250 Fat
Interfamily Deed Transfer -- Trans
Warranty Deed $40,170 Trans
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $109,431 FHA
Closed $109,431 FHA
Previous Owner $77,470 FHA
Previous Owner $52,088 New Conventional
Previous Owner $56,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $3,200 Unknown
Previous Owner $55,125 Purchase Money Mortgage
Previous Owner $38,150 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Sold $111,450 +6.2% $85 / Sq Ft
08/28/2024 08/28/24 Price Changed $104,900 -4.5% $80 / Sq Ft
08/16/2024 08/16/24 Price Changed $109,900 -4.4% $84 / Sq Ft
07/25/2024 07/25/24 For Sale $114,900 0.0% $87 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $114,900 +45.6% $87 / Sq Ft
09/17/2021 09/17/21 Sold $78,900 +5.3% $60 / Sq Ft
06/24/2021 06/24/21 Price Changed $74,900 -6.3% $57 / Sq Ft
04/06/2021 04/06/21 Price Changed $79,900 -3.6% $61 / Sq Ft
02/12/2021 02/12/21 For Sale $82,900 -- $63 / 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 $22 $45,100 $3,500 $41,600
2023 $2,725 $38,400 $3,500 $34,900
2022 $2,483 $33,300 $2,600 $30,700
2021 $1,804 $28,900 $3,300 $25,600
2020 $1,790 $26,600 $3,300 $23,300
2019 $1,721 $22,400 $3,300 $19,100
2018 $1,639 $18,900 $3,300 $15,600
2017 $1,774 $18,900 $3,300 $15,600
2016 $1,498 $18,600 $3,300 $15,300
2015 $1,498 $18,100 $6,692 $11,408
2014 $1,498 $18,200 $6,692 $11,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 281558

Greater Lansing Association of Realtors®

APN: 01-01-15-104-481