Seller's Agent in 2025
Derrek Sterken
Coldwell Banker Woodland Schmidt ART Office
(616) 403-3442
1 in this area
80 Total Sales
904 Riverview Ave Lansing, MI 48915
Westside Neighborhood
3
Beds
1
Bath
836
Sq Ft
3,920
Sq Ft Lot
Highlights
- Bungalow
- Forced Air Heating System
- 1-Story Property
About This Home
As of March 2025Who do you know that is looking for rental property has the possibility to generate cash flow? This property is currently a licensed rental with the City of Lansing and would be a great opportunity for any investor. The estimated market rent for this property is around $850/month. This is a great rental at a great price, don't miss this opportunity!
Last Agent to Sell the Property
Coldwell Banker Woodland Schmidt ART Office License #6501451743 Listed on: 09/20/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1916
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 36.5x112.5
Parking
- Gravel Driveway
Home Design
- Bungalow
- Composition Roof
- Vinyl Siding
Interior Spaces
- 836 Sq Ft Home
- 1-Story Property
- Basement Fills Entire Space Under The House
- Laundry on main level
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 16, 2022
Sold by
D W Sheets V Llc
Bought by
25 Lansing Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$871,266
Interest Rate
6.61%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$792,645
Purchase Details
Listed on
Oct 17, 2011
Closed on
Aug 16, 2012
Sold by
Mccourtie Jennifer L
Bought by
D W Sheets V Llc
Seller's Agent
Michelle Lycos
Coldwell Banker Professionals -Okemos
Buyer's Agent
Lisa VanderMeer
Coldwell Banker Professionals-E.L.
List Price
$22,000
Sold Price
$9,500
Premium/Discount to List
-$12,500
-56.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.11%
Purchase Details
Closed on
Dec 23, 2004
Sold by
Respecki Michael and Respecki Jill
Bought by
Mccourtie Jennifer L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,067
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 10, 2003
Sold by
Mortgage Electronic Registration Systems
Bought by
Pledged Property Ii Llc
Purchase Details
Closed on
Oct 2, 2003
Sold by
Sharkey Russell A
Bought by
Mortgage Electronic Registration Systems
Purchase Details
Closed on
Sep 12, 2000
Sold by
Jenkins Willie J and Hobbs Melinda M
Bought by
Sharkey Russell A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,750
Interest Rate
12.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 14, 1998
Sold by
Hudson Nellie P
Bought by
Jenkins Willie J and Hobbs Melin
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $480,000 | -- | |
| Warranty Deed | $9,500 | None Available | |
| Warranty Deed | $71,650 | Chicago Title Of Michigan | |
| Corporate Deed | -- | -- | |
| Sheriffs Deed | $29,185 | -- | |
| Warranty Deed | $41,000 | -- | |
| Warranty Deed | $92,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $900,000 | Credit Line Revolving | |
| Previous Owner | $68,067 | Purchase Money Mortgage | |
| Previous Owner | $30,750 | Purchase Money Mortgage | |
| Closed | $8,200 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/14/2025 03/14/25 | Sold | $55,000 | -31.2% | $66 / Sq Ft | |
| 03/07/2025 03/07/25 | Pending | -- | -- | -- | |
| 02/07/2025 02/07/25 | Price Changed | $79,900 | -2.6% | $96 / Sq Ft | |
| 09/20/2024 09/20/24 | For Sale | $82,000 | +763.2% | $98 / Sq Ft | |
| 08/23/2012 08/23/12 | Sold | $9,500 | -56.8% | $11 / Sq Ft | View Prior Sale |
| 05/28/2012 05/28/12 | Pending | -- | -- | -- | |
| 10/17/2011 10/17/11 | For Sale | $22,000 | -- | $26 / Sq Ft |
Source: MichRIC
Tax History Compared to Growth
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 | $3,062 | $37,100 | $4,300 | $32,800 |
| 2024 | $25 | $39,900 | $4,300 | $35,600 |
| 2023 | $2,882 | $34,600 | $4,300 | $30,300 |
| 2022 | $1,995 | $31,300 | $4,700 | $26,600 |
| 2021 | $1,949 | $28,700 | $4,700 | $24,000 |
| 2020 | $1,935 | $27,600 | $4,700 | $22,900 |
| 2019 | $1,869 | $25,100 | $4,700 | $20,400 |
| 2018 | $1,773 | $22,700 | $4,700 | $18,000 |
| 2017 | $1,706 | $22,700 | $4,700 | $18,000 |
| 2016 | $1,713 | $22,300 | $4,700 | $17,600 |
| 2015 | $1,713 | $21,800 | $9,337 | $12,463 |
| 2014 | $1,713 | $22,500 | $12,500 | $10,000 |
Source: Public Records
Agents Affiliated with this Home
-
Derrek Sterken
-
Steve Sterken
S
Seller Co-Listing Agent in 2025
Steve Sterken
Coldwell Banker Woodland Schmidt ART Office
(616) 772-5478
1 in this area
98 Total Sales
-
Chelsea Roelofs
Buyer's Agent in 2025
Chelsea Roelofs
Bluebow Realty LLC
(616) 446-0041
1 in this area
39 Total Sales
-
M
Seller's Agent in 2012
Michelle Lycos
Coldwell Banker Professionals -Okemos
-
L
Buyer's Agent in 2012
Lisa VanderMeer
Coldwell Banker Professionals-E.L.
Map
Source: MichRIC
MLS Number: 24049921
APN: 01-01-20-134-161
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.
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