NOT LISTED FOR SALE

Estimated Value: $158,000 - $173,203

-- Bed
-- Bath
2,066 Sq Ft
$81/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $109,000 $53 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $945/month

9 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating System
  • High Speed Internet
  • 4 Car Detached Garage

About This Home

As of November 2020

*******Welcome to 901-903 W. Shiawassee*******Wonderful opportunity in this brick duplex! Great for investment or owner-occupied where you can live in one side and rent the other. Conveniently located close to downtown and the Capitol Complex.

Last Agent to Sell the Property

HBB Realtors

Coldwell Banker Realty -Stadium License #6506038563 Listed on: 10/13/2020

Last Buyer's Agent

Melanie McNamara

Oasis Realty License #6506046398

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 71.25x78

Parking

  • 4 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,066 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $16,680

Community Details

Overview

  • 2 Units
  • Claypool Subdivision

Building Details

  • New Taxes Expense $3,848

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Gross Rent: 16680.0
  • Tax Year: 2019
  • Levels: Two
  • Year Built: 1953
  • Lot Size Acres: 0.13
  • Lot Size: 71.25x78
  • Subdivision Name: Claypool
  • Above Grade Finished Sq Ft: 2066.0
  • General Property Info:Lot Size Dimensions: 71.25x78
  • General Property Info:Above Grade Finished Area: 2066.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Exterior:Brick: Yes
  • Tax Info:Taxes2: 3848.0
  • Tax Info:Zoning3: Multi-Family
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Duplex - 2 bedrooms, 1 full bath in each unit
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Tax Expense2: 3848.0
  • 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: Brick
  • Patio Porch Features:Covered: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available, Cable Available
  • 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: 5662.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1862

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Nov 25, 2020
Sold by
Larson Matthew
Bought by
Griffiths Bridgette
Seller's Agent
HBB Realtors
Coldwell Banker Realty -Stadium
Buyer's Agent
Melanie McNamara
Oasis Realty
List Price
$114,900
Sold Price
$109,000
Premium/Discount to List
-$5,900
-5.13%
Current Estimated Value
$172,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,082
Avg. Annual Appreciation
8.93%
Original Mortgage
$81,750
Outstanding Balance
$73,735
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$89,187

Purchase Details

Listed on
Mar 28, 2016
Closed on
Mar 17, 2016
Sold by
Lee Mark D and Fisher Timothy C
Bought by
Larson Matthew
Seller's Agent
Martha Bashore
Coldwell Banker Realty -Stadium
Buyer's Agent
Brian Huggler
RE/MAX Real Estate Professionals
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
Original Mortgage
$88,369
Interest Rate
3.39%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 1998
Sold by
Epps James L
Bought by
Lee Mark D and Fisher Timothy C
Source: Public Records

Range of Values:

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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
Griffiths Bridgette $109,000 Tri County Title Agency Llc
Larson Matthew $90,000 Tri County Title Agency Llc
Lee Mark D $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffiths Bridgette $81,750
Previous Owner Larson Matthew $88,369
Previous Owner Lee Mark D $88,000
Previous Owner Lee Mark D $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $109,000 -5.1% $53 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $114,900 +27.7% $56 / Sq Ft
03/17/2016 03/17/16 Sold $90,000 0.0% $44 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $90,000 -- $44 / 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 $41 $85,700 $6,400 $79,300
2023 $4,691 $76,900 $6,400 $70,500
2022 $4,285 $57,000 $7,300 $49,700
2021 $4,186 $51,400 $9,300 $42,100
2020 $3,917 $47,600 $9,300 $38,300
2019 $3,844 $47,300 $9,300 $38,000
2018 $3,756 $46,900 $9,300 $37,600
2017 $3,190 $46,900 $9,300 $37,600
2016 $3,189 $46,200 $9,300 $36,900
2015 $3,189 $44,500 $18,614 $25,886
2014 $3,189 $41,700 $13,750 $27,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 250619

Greater Lansing Association of Realtors®

APN: 01-01-17-276-236