NOT LISTED FOR SALE

836 N Sycamore St Lansing, MI 48906

Old Forest Neighborhood

Estimated Value: $71,000 - $134,000

-- Bed
-- Bath
1,776 Sq Ft
$55/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $31,900 $18 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $607/month

53 Days on Market

About This Home

As of February 2021

Large Up and Down Duplex. Range and Fridge Included in Both Units. Separate 100 Amp services. Large Basement and Shed.

Last Agent to Sell the Property

Chris Garno

Garno Property Management LLC License #6502352497 Listed on: 12/14/2020

Last Buyer's Agent

Jessica Keck

RE/MAX Real Estate Professionals License #6501427731

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1891

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 65x181.5

Home Design

  • Wood Siding

Interior Spaces

  • 1,776 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Utilities

  • Heating Available
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $11,400

Community Details

Overview

  • 2 Units
  • Barnes Subdivision

Building Details

  • Insurance Expense $480
  • Maintenance Expense $400
  • New Taxes Expense $2,700
  • Net Operating Income $7,820

Property Details

Home Type

Multi-Family

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Gross Rent: 11400.0
  • Net Income: 7820.0
  • Tax Year: 2020
  • Levels: Two
  • Year Built: 1891
  • Lot Size Acres: 0.14
  • Lot Size: 65x181.5
  • Subdivision Name: Barnes
  • Above Grade Finished Sq Ft: 1776.0
  • General Property Info:Lot Size Dimensions: 65x181.5
  • General Property Info:Above Grade Finished Area: 1776.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Exterior:Wood Siding: Yes
  • Heating Other2: Yes
  • Tax Info:Taxes2: 1856.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 836 N. Sycamore
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Insurance4: 480.0
  • Annual Inc Expense:Tax Expense2: 2700.0
  • Annual Inc Expense:Maintenance3: 400.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Michigan
  • Heating: Other
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes
  • Basement:Michigan: Yes

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
  • Heating Yn: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 5068

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2020
Closed on
Feb 4, 2021
Sold by
Michaela Rami
Bought by
Santos Veronica
Seller's Agent
Chris Garno
Garno Property Management LLC
Buyer's Agent
Jessica Keck
RE/MAX Real Estate Professionals
List Price
$49,900
Sold Price
$31,900
Premium/Discount to List
-$18,000
-36.07%
Current Estimated Value
$97,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,362
Avg. Annual Appreciation
25.90%

Purchase Details

Closed on
Apr 11, 2016
Sold by
North Star Properties Llc
Bought by
Michaela Rami

Purchase Details

Closed on
Jun 1, 2015
Sold by
Raz Amir
Bought by
North Star Properties 2010 Llc

Purchase Details

Closed on
May 20, 2015
Sold by
Royal Eagle Construction & Management
Bought by
Raz Amir

Purchase Details

Closed on
May 9, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Fannie Mae

Purchase Details

Closed on
Jan 13, 2011
Sold by
Velez Jose and Velez Judith
Bought by
Bac Home Loans Servicing Lp
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
Santos Veronica $31,900 Ata National Title Group Llc
Michaela Rami $34,000 None Available
North Star Properties 2010 Llc -- None Available
Raz Amir $50,000 First American Title Ins Co
Fannie Mae -- None Available
Bac Home Loans Servicing Lp $81,359 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2021 02/05/21 Sold $31,900 -20.1% $18 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
12/30/2020 12/30/20 Price Changed $39,900 -16.7% $22 / Sq Ft
12/28/2020 12/28/20 Price Changed $47,900 -4.0% $27 / Sq Ft
12/14/2020 12/14/20 For Sale $49,900 0.0% $28 / Sq Ft
12/06/2020 12/06/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $49,900 -- $28 / 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 $3,423 $50,500 $5,900 $44,600
2024 $29 $44,400 $5,900 $38,500
2023 $3,221 $39,700 $5,900 $33,800
2022 $2,939 $37,000 $5,600 $31,400
2021 $2,286 $34,000 $5,000 $29,000
2020 $2,270 $30,700 $5,000 $25,700
2019 $5,323 $38,900 $5,000 $33,900
2018 $2,782 $35,400 $5,000 $30,400
2017 $2,953 $35,400 $5,000 $30,400
2016 $4,798 $34,700 $5,000 $29,700
2015 $4,798 $33,700 $10,050 $23,650
2014 $4,798 $31,800 $12,000 $19,800
Source: Public Records

Agents Affiliated with this Home

  • Chris Garno

    Seller's Agent in 2021

    Chris Garno

    Garno Property Management LLC

    (517) 719-4105

    1 in this area

    98 Total Sales

    Chris Garno
    Section Image
  • Jessica Keck

    Buyer's Agent in 2021

    Jessica Keck

    RE/MAX Michigan

    (517) 927-0726

    3 in this area

    59 Total Sales

    Jessica Keck
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 251601

Greater Lansing Association of Realtors®

APN: 01-01-09-356-051

Michigan Ingham County Lansing 48906 Old Forest

836 N Sycamore St, Lansing, MI

Not Listed for Sale

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