NOT LISTED FOR SALE

Estimated Value: $76,000 - $151,000

-- Bed
-- Bath
1,705 Sq Ft
$64/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $72,000 $42 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $607/month

23 Days on Market

About This Home

As of June 2022

Do you ever ponder life's tough questions?.....Like how could this BRRRR be so hot?! Electrical is split for all three units. Gas is split for units 1 and 2. Unit 3 has electric heat. The property needs some repairs, but that is exactly what you are looking for because you can get all of your money back out (and then some) when you refinance, if you do it right. You will not find another property with so much upside at such a competitive price. The person that hesitates to set up a showing is the person that loses out on an opportunity. Don't let that person be you!

Last Agent to Sell the Property

Jamie Fox

Trubrook, LLC License #6506048891 Listed on: 04/26/2022

Co-Listed By

Jack Dillon

Trubrook, LLC License #6501436113

Last Buyer's Agent

Jamie Fox

Trubrook, LLC License #6506048891 Listed on: 04/26/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1870

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66x165

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,705 Sq Ft Home
  • 2-Story Property

Basement

  • Michigan Basement
  • Laundry in Basement

Parking

  • 6 Parking Spaces
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Tax Year: 2021
  • Levels: Two
  • Year Built: 1870
  • Lot Size Acres: 0.25
  • Lot Size: 66x165
  • Co List Office Mls Id: 1021
  • Co List Office Phone: 517-507-9993
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1705.0
  • General Property Info:Lot Size Dimensions: 66x165
  • General Property Info:Above Grade Finished Area: 1705.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Laundry Features:In Basement: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 2395.0
  • Tax Info:Zoning3: Multi-Family
  • General Property Info:Building 1 Description: Triplex
  • General Property Info:_pound_ of Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan
  • Heating: Electric, Forced Air
  • Property Type: Resid/Multi-Family
  • Basement:Michigan: Yes

Exterior Features

  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • General Property Info:Parking Total: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: In Basement
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 5172

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
May 31, 2022
Sold by
K & M Properties Llc
Bought by
915 Walnut Llc
Seller's Agent
Jamie Fox
Trubrook, LLC
Buyer's Agent
Jamie Fox
Trubrook, LLC
List Price
$89,900
Sold Price
$72,000
Premium/Discount to List
-$17,900
-19.91%
Current Estimated Value
$109,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,657
Avg. Annual Appreciation
14.14%

Purchase Details

Closed on
Mar 31, 2022
Sold by
Frederick Rockett
Bought by
K & M Properties Llc

Purchase Details

Listed on
Aug 17, 2016
Closed on
Feb 24, 2017
Sold by
Campbell Darlyn Hill
Bought by
Rockett Frederick
Seller's Agent
Natan Espinosa
NatanEspinosa.com
Buyer's Agent
Vern Fosket
Coldwell Banker Professionals-Delta
List Price
$24,900
Sold Price
$24,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.18%

Purchase Details

Closed on
Aug 9, 2001
Sold by
Mattox Robert J and Mattox Helen K
Bought by
Campbell Darlyn Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,680
Interest Rate
8.86%
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
915 Walnut Llc $72,000 Liberty Title
K & M Properties Llc $48,527 None Listed On Document
Rockett Frederick $24,900 Bell Title Agency
Campbell Darlyn Jill $65,280 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campbell Darlyn Jill $51,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $72,000 -12.7% $42 / Sq Ft
05/10/2022 05/10/22 Price Changed $82,500 -8.2% $48 / Sq Ft
04/26/2022 04/26/22 For Sale $89,900 +261.0% $53 / Sq Ft
02/24/2017 02/24/17 Sold $24,900 0.0% $20 / Sq Ft
01/07/2017 01/07/17 Pending -- -- --
08/17/2016 08/17/16 For Sale $24,900 -- $20 / 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 $26 $59,500 $6,600 $52,900
2023 $4,006 $48,700 $6,600 $42,100
2022 $2,452 $39,000 $7,400 $31,600
2021 $2,395 $35,000 $8,300 $26,700
2020 $2,378 $32,300 $8,300 $24,000
2019 $4,147 $31,100 $8,300 $22,800
2018 $2,179 $27,100 $8,300 $18,800
2017 $1,971 $27,100 $8,300 $18,800
2016 $1,893 $26,800 $8,300 $18,500
2015 $1,893 $26,000 $16,500 $9,500
2014 $1,893 $25,000 $18,250 $6,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 264367

Greater Lansing Association of Realtors®

APN: 01-01-09-354-151