NOT LISTED FOR SALE

Estimated Value: $106,000 - $140,000

-- Bed
2 Baths
1,020 Sq Ft
$125/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $111,000 $109 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $960/month

Highlights

  • Wood Flooring
  • 1-Story Property
  • Back Yard
  • Window Unit Cooling System
  • Heating Available

About This Home

As of March 2022

Attention house hackers and investors! Live in one side and rent out the other or purchase as non-owner occupied investment. Separate utilities so tenants pay heat/electric and w/d hookup in each unit.

Last Agent to Sell the Property

Ryan Taylor

EXP Realty - Lansing License #6501427038 Listed on: 01/26/2022

EXP Realty - Lansing

Last Buyer's Agent

Tabitha Cox

Howard Hanna Real Estate Executives License #6506048161

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,650

Year Built

  • Built in 1957

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 60x211
  • Back Yard

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,020 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Laundry in unit

Parking

  • 4 Parking Spaces
  • Driveway

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Heating Available

Community Details

  • 2 Units

Listing and Financial Details

  • Total Actual Rent $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,650

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Gross Rent: 16800.0
  • Tax Year: 2021
  • Levels: One
  • Year Built: 1957
  • Lot Size Acres: 0.29
  • Lot Size: 60x211
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1020.0
  • General Property Info:Lot Size Dimensions: 60x211
  • General Property Info:Above Grade Finished Area: 1020.0
  • Exterior:Aluminum Siding: Yes
  • Foundation Details:Slab: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:Window Unit(s): Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Exterior:Brick: Yes
  • Flooring:Hardwood: Yes
  • Tax Info:Taxes2: 2650.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: 839 & 841 Mel
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Heating: Electric
  • Flooring: Hardwood
  • Property Type: Resid/Multi-Family
  • Basement:None3: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Roof: Shingle
  • Foundation Details: Slab
  • Lot Features: Back Yard, City Lot
  • Construction Type: Aluminum Siding, Brick
  • Lot Features:Back Yard2: Yes
  • Lot Features:City Lot: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • LaundryFeatures: In Unit
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Electric: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 12632.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 3615

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Mar 16, 2022
Sold by
Mel Ave Llc
Bought by
Enriquez Joseph
Seller's Agent
Ryan Taylor
EXP Realty - Lansing
Buyer's Agent
Tabitha Cox
Howard Hanna Real Estate Executives
List Price
$119,900
Sold Price
$111,000
Premium/Discount to List
-$8,900
-7.42%
Current Estimated Value
$127,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,288
Avg. Annual Appreciation
3.96%
Original Mortgage
$81,000
Outstanding Balance
$75,358
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$51,930

Purchase Details

Listed on
Jan 29, 2021
Closed on
Apr 19, 2021
Sold by
Flamont Sam and Anderson Ryan
Bought by
Mel Ave Llc
Seller's Agent
David Hall
Achieve Real Estate LLC
Buyer's Agent
Non Member
Non Member Office
List Price
$96,500
Sold Price
$92,500
Premium/Discount to List
-$4,000
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.92%
Original Mortgage
$89,375
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 29, 2021
Closed on
Apr 8, 2021
Sold by
Trumble Leo
Bought by
Flamont Sam and Bullough Riley
Seller's Agent
David Hall
Achieve Real Estate LLC
Buyer's Agent
Non Member
Non Member Office
List Price
$96,500
Sold Price
$92,500
Premium/Discount to List
-$4,000
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,375
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2009
Sold by
Brink Daniel J
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 23, 2003
Sold by
Ashley Ronald D
Bought by
Brink Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,950
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2001
Sold by
Neal Floyd and Neal Chiquita L
Bought by
Ashley Ronald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.11%
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
Enriquez Joseph $111,000 Liberty Title
Mel Ave Llc -- None Available
Flamont Sam $92,500 Cinnaire Title Services Llc
Deutsche Bank National Trust Company $78,941 None Available
Brink Daniel J $75,500 Bell Title Company
Ashley Ronald D $60,000 Stewart Title Guaranty Co
Ashley Ronald D $60,000 Stewart Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enriquez Joseph $81,000
Previous Owner Flamont Sam $89,375
Previous Owner Brink Daniel J $67,950
Previous Owner Ashley Ronald D $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $111,000 -7.4% $109 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $119,900 +29.6% $118 / Sq Ft
04/13/2021 04/13/21 Sold $92,500 0.0% $91 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/29/2021 01/29/21 Off Market $92,500 -- --
10/14/2020 10/14/20 For Sale $96,500 -- $95 / 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 $3,425 $38,400 $9,500 $28,900
2024 $27 $39,300 $9,500 $29,800
2023 $3,227 $37,400 $9,500 $27,900
2022 $2,830 $34,000 $9,500 $24,500
2021 $2,377 $30,100 $6,900 $23,200
2020 $2,359 $28,000 $6,900 $21,100
2019 $2,273 $27,800 $6,900 $20,900
2018 $2,161 $26,700 $6,900 $19,800
2017 $2,077 $26,700 $6,900 $19,800
2016 $2,124 $26,300 $6,900 $19,400
2015 $2,124 $25,500 $13,780 $11,720
2014 $2,124 $26,900 $20,671 $6,229
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 262409

Greater Lansing Association of Realtors®

APN: 01-05-05-278-231