NOT LISTED FOR SALE

904 N Hagadorn Rd East Lansing, MI 48823

Estimated Value: $347,000 - $383,000

4 Beds
4 Baths
2,290 Sq Ft
$157/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $264,000 $115 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,263/month

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • High Speed Internet
  • Marble Elementary School Rated A-
  • Forced Air Heating System
  • Fenced

About This Home

As of July 2020

Attention investors interested in high income rental property in highly desirable East Lansing, MI. - Class III licensed and currently leased. This open concept Duplex is located at 904/906 N Hagadorn Rd & has two fully renovated 2 bd, 2 bath units with gourmet kitchens, cathedral ceilings in great rooms with gas log fireplaces, fully tiled updated baths and private fenced backyards. Each unit features hardwood flooring, ceramic tile in kitchens & baths, new Euro lighting, built-in cabinetry & newly carpeted master bedrooms. Basement laundry rooms with new washers/dryers and plenty of storage. Ample parking plus carport for two vehicles. Low maintenance turnkey offering. This is one of four Class III properties offered by seller.

Last Agent to Sell the Property

Mary Driscoll

EXIT Realty Home Partners License #6501371628 Listed on: 06/10/2020

Last Buyer's Agent

Morgan Hutson

Coldwell Banker Professionals-E.L. License #6502390017

Coldwell Banker Professionals-E.L.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 86 x 135
  • Fenced

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,290 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Carport

Utilities

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

Additional Features

  • Green Features
  • Covered Patio or Porch

Community Details

  • 2 Units
  • Walnut Height Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Misc Business Info Parking Surface: blacktop & concrete
  • Misc Business Info Roof Type: Shingle
  • Tax Year: 2020
  • Misc Business Info Overall Building Siz: 2290 sq ft
  • Levels: One
  • Year Built: 1961
  • Lot Size Acres: 0.27
  • Lot Size: 86 X 135
  • Subdivision Name: Walnut Height
  • Above Grade Finished Sq Ft: 2290.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 86 X 135
  • General Property Info:Above Grade Finished Area: 2290.0
  • Sewer:Public Sewer: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • General Property Info:ECO Friendly Features: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced: Yes
  • Tax Info:Taxes2: 7799.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Duplex-904 N Hagadorn Rd
  • General Property Info:_pound_ of Units: 2
  • 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
  • Fencing: Fenced
  • Patio And Porch Features: Covered
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Asphalt, Carport, Private, Joint
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Private6: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 11630.52
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2022
Sold by
Thomas David B
Bought by
Kingkenko Llc
Current Estimated Value
$359,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,750
Outstanding Balance
$196,015
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$163,086

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jul 8, 2020
Sold by
904 906 N Hagadorn Llc
Bought by
Kingkenko Llc
Seller's Agent
Mary Driscoll
EXIT Realty Home Partners
Buyer's Agent
Morgan Hutson
Coldwell Banker Professionals-E.L.
List Price
$263,900
Sold Price
$264,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%

Purchase Details

Closed on
May 3, 2018
Sold by
Hunt John E and Hunt Nancy L
Bought by
904 906 N Hagadorn Llc

Purchase Details

Closed on
May 21, 2009
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 27, 2006
Sold by
Shelton Naomi and Shelton Naomi Sayer
Bought by
Shelton Naomi Sayer and Naomi Sayer Shelton Trust

Purchase Details

Closed on
Aug 1, 2005
Sold by
Zorlen Harold T
Bought by
Shelton Naomi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2003
Sold by
Clark James W
Bought by
Zorlen Harold T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
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
Kingkenko Llc -- --
Thomas David B -- --
Kingkenko Llc $264,000 None Available
904 906 N Hagadorn Llc $225,000 Tri Title Agency Llc
Federal National Mortgage Association -- None Available
Wells Fargo Bank Na $178,046 None Available
Shelton Naomi Sayer -- Itc
Shelton Naomi $230,000 Tri Title Agency Llc
Zorlen Harold T $200,000 Midstate Title Company
Zorlen Harold T $200,000 Midstate Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas David B $204,750
Previous Owner Shelton Naomi $184,000
Previous Owner Zorlen Harold T $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Sold $264,000 0.0% $115 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $263,900 0.0% $115 / Sq Ft
04/20/2020 04/20/20 For Sale $263,900 -- $115 / 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 $11,051 $162,100 $32,600 $129,500
2024 $97 $148,400 $30,000 $118,400
2023 $9,596 $134,300 $27,700 $106,600
2022 $8,840 $124,300 $24,100 $100,200
2021 $8,656 $116,100 $22,600 $93,500
2020 $8,086 $109,500 $21,400 $88,100
2019 $7,799 $106,200 $21,800 $84,400
2018 $6,050 $102,300 $18,200 $84,100
2017 $5,809 $112,000 $18,600 $93,400
2016 -- $107,300 $17,900 $89,400
2015 -- $102,600 $35,082 $67,518
2014 -- $94,400 $34,266 $60,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 246282

Greater Lansing Association of Realtors®

APN: 20-02-08-308-031