NOT LISTED FOR SALE

909 N Capitol Ave Unit 1 Lansing, MI 48906

Old Town Neighborhood

Estimated Value: $167,000 - $212,000

-- Bed
-- Bath
2,260 Sq Ft
$83/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $155,000 $69 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,052/month

89 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Laundry Room
  • Wood Flooring
  • Front Porch
  • 3-minute walk to Durant Park

About This Home

As of June 2021

Welcome to 909 N Capitol Ave! A 4-unit near Downtown Lansing that offers a short distance from LCC, Cooley Law School, the state capital, and Sparrow Hospital. All four units are currently rented out. Separate electric meters. Owner pays water/sewer/gas.
2020 Income/expenses attached. Schedule your showing today! *No seller financing or land contracts*

Last Agent to Sell the Property

Sandra Bailey-Bristol

Howard Hanna Real Estate Executives License #6506040391 Listed on: 04/10/2021

Last Buyer's Agent

Troy DeLong

Achieve Real Estate LLC License #6501433066

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,353

Year Built

  • Built in 1871

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66' x 165'
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage
  • No Garage
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,260 Sq Ft Home
  • 2-Story Property
  • Michigan Basement
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Front Porch
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $31,320

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,000
  • New Taxes Expense $3,353

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,353

Year Built

Built in 1871

Lot Details

0

Parking

2

Listing Details

  • Gross Rent: 31320.0
  • Tax Year: 2020
  • Levels: Two
  • Year Built: 1871
  • Lot Size Acres: 0.25
  • Lot Size: 66' X 165'
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2260.0
  • Architectural Style: Multi-Story
  • General Property Info:Lot Size Dimensions: 66' X 165'
  • General Property Info:Above Grade Finished Area: 2260.0
  • Levels:Two2: Yes
  • Laundry Features:Inside: Yes
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Fencing:Back Yard: Yes
  • Exterior:Vinyl Siding: Yes
  • Laundry Features:Laundry Room: Yes
  • Flooring:Vinyl2: Yes
  • Flooring:Hardwood: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 3353.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Quadplex
  • General Property Info:_pound_ of Units: 4
  • Architectural Style:Multi-Story: Yes
  • Annual Inc Expense:Insurance4: 1000.0
  • Annual Inc Expense:Tax Expense2: 3353.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan
  • Heating: Hot Water, Natural Gas
  • Flooring: Carpet, Combination, Hardwood, Vinyl
  • Property Type: Resid/Multi-Family
  • Basement:Michigan: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Private Yard
  • Fencing: Back Yard
  • Lot Features: Back Yard, Near Public Transit
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt
  • Patio And Porch Features: Front Porch
  • Construction Type: Vinyl Siding
  • Lot Features:Back Yard2: Yes
  • Lot Features:Near Public Transit: Yes
  • Patio Porch Features:Front Porch: Yes
  • Exterior Features:Private Yard: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: Concrete, Detached, Driveway, Garage, No Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:No Garage: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage2: Yes
  • Parking Features:Detached: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4
  • Parking Features:Garage Spaces2: 2
  • Parking Features:Concrete6: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Cooling: None
  • LaundryFeatures: Inside, Laundry Room
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 1000.0

Tax Info

  • New Taxes Expense: 3353.0
  • Tax Carrier Route: 5117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2025
Sold by
Stamper Joseph and Stamper Zeppelin
Bought by
Price Road Properties Llc
Current Estimated Value
$188,005

Purchase Details

Listed on
Apr 10, 2021
Closed on
Jun 3, 2021
Sold by
Osebold Bernard
Bought by
Stamper Joseph and Stamper Zeppelin
Seller's Agent
Sandra Bailey-Bristol
Howard Hanna Real Estate Executives
Buyer's Agent
Troy DeLong
Achieve Real Estate LLC
List Price
$154,900
Sold Price
$155,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$116,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2010
Sold by
Kwong Gabriel
Bought by
Osebold Bernard

Purchase Details

Closed on
Apr 23, 2007
Sold by
Royal Finance & Loan Co
Bought by
Kwong Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.5%

Purchase Details

Closed on
Aug 24, 2006
Sold by
Thompson Brian R
Bought by
Royal Finance & Loan Co

Purchase Details

Closed on
Jul 28, 2003
Sold by
Nagel Dolores
Bought by
Thompson Brian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 1998
Sold by
Mitchell Steven A
Bought by
Nagel Dolores

Purchase Details

Closed on
Nov 3, 1988
Sold by
Mitchell Steven A
Bought by
Nagel Dolores
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
Price Road Properties Llc $168,000 Liberty Title
Stamper Joseph $155,000 Liberty Title
Osebold Bernard -- None Available
Kwong Gabriel $80,000 Tri County Title Agency Llc
Royal Finance & Loan Co $75,000 None Available
Thompson Brian R $140,000 Landamerica Exchange
Nagel Dolores $66,000 --
Nagel Dolores $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stamper Joseph $116,250
Previous Owner Kwong Gabriel $110,400
Previous Owner Kwong Gabriel $72,000
Previous Owner Thompson Brian $15,000
Previous Owner Thompson Brian R $112,000
Closed Thompson Brian R $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $155,000 +0.1% $69 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/10/2021 04/10/21 For Sale $154,900 0.0% $69 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
01/17/2021 01/17/21 For Sale $154,900 -0.1% $69 / Sq Ft
01/16/2021 01/16/21 Off Market $155,000 -- --
01/15/2021 01/15/21 For Sale $154,900 -- $69 / 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 $50 $88,100 $6,600 $81,500
2023 $5,907 $71,600 $6,600 $65,000
2022 $5,408 $64,700 $7,400 $57,300
2021 $3,380 $47,800 $8,300 $39,500
2020 $3,353 $43,400 $8,300 $35,100
2019 $3,223 $41,800 $8,300 $33,500
2018 $3,071 $37,900 $8,300 $29,600
2017 $2,949 $37,900 $8,300 $29,600
2016 $2,831 $37,300 $8,300 $29,000
2015 $2,831 $36,200 $16,500 $19,700
2014 $2,831 $34,100 $18,250 $15,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 252544

Greater Lansing Association of Realtors®

APN: 01-01-09-377-131