NOT LISTED FOR SALE

Estimated Value: $126,014

Studio
-- Bath
1,705 Sq Ft
$74/Sq Ft Est. Value

Sale Details

Date Sold: June 1, 2022

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

Est. 75% increase in value since last sale

Current estimated payment $967 / mo

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

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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1870

Lot Details

  • 10,890 Sq Ft 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

0.25 Acres

Listing Details

  • Property Type: Resid/Multi-Family
  • Year Built: 1870
  • Above Grade Finished Sq Ft: 1705.0
  • General Property Info:Lot Size Dimensions: 66x165
  • General Property Info:Above Grade Finished Area: 1705.0
  • General Property Info:_pound_ of Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan
  • Heating: Electric, Forced Air
  • Levels: Two
  • Basement:Michigan: Yes
  • Levels:Two2: Yes
  • Laundry Features:In Basement: Yes

Exterior Features

  • Construction Type: Aluminum Siding
  • Exterior:Aluminum Siding: Yes

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
  • Sewer:Public Sewer: Yes
  • Heating:Electric: Yes
  • Cooling:None8: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size: 66x165
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • Land Acreage:_one_4 thru 12 Acre: Yes

Tax Info

  • Tax Carrier Route: 5172
  • Tax Info:Taxable Value: 35000.0
  • Tax Info:State Eq Value: 35000.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
May 31, 2022
Sold by
Bought by
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
$126,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,014
Avg. Annual Appreciation
14.33%

Purchase Details

Closed on
Mar 31, 2022
Sold by
Bought by

Purchase Details

Listed on
Aug 17, 2016
Closed on
Feb 24, 2017
Sold by
Bought by
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
18.74%

Purchase Details

Closed on
Aug 9, 2001
Sold by
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Old Forest, MI

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$72,000 Liberty Title
$48,527 None Listed On Document
$24,900 Bell Title Agency
$65,280 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,286 $68,600 $6,600 $62,000
2025 $2,731 $65,300 $6,600 $58,700
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 264367

Greater Lansing Association of Realtors®

APN: 01-01-09-354-151

Your Personal Tour Guide

Ask me questions while you tour the home.