NOT LISTED FOR SALE

Estimated Value: $106,000 - $186,000

-- Bed
1 Bath
1,540 Sq Ft
$93/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $72,500 $47 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $899/month

166 Days on Market

About This Home

As of October 2021

Two Story Multi-Unit Investment property with over 1,500 square feet of living space. Lower unit has 3 beds, 1 bath, wood floors and large livings spaces. Upper unit is an updated efficient 2 bedroom, 1 bath layout. Both units are currently rented and have convenient access to Downton, LCC, MSU and Old Town.

Last Agent to Sell the Property

Jamie Bates

RE/MAX Real Estate Professionals Dewitt Listed on: 04/07/2021

RE/MAX Real Estate Professionals Dewitt

Co-Listed By

Steve Randolph

RE/MAX RE Professionals Okemos License #6501420952

Last Buyer's Agent

David Alter

Coldwell Banker Professionals-Delta License #6501395389

Coldwell Banker Professionals-Delta

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 37.25x140.25

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,540 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Basement

  • Michigan Basement
  • Shared Basement

Parking

  • 3 Parking Spaces
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Tax Year: 2020
  • Levels: Two
  • Year Built: 1885
  • Lot Size Acres: 0.12
  • Lot Size: 37.25x140.25
  • Co List Office Mls Id: 1103
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1540.0
  • General Property Info:Lot Size Dimensions: 37.25x140.25
  • General Property Info:Above Grade Finished Area: 1540.0
  • Levels:Two2: Yes
  • Laundry Features:Inside: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 2153.53
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Multi
  • General Property Info:_pound_ of Units: 2
  • Basement:Shared2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Construction Type: Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 3.0
  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Misc Business Info:_pound_ Parking: 3
  • General Property Info:Parking Total: 3

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Cooling: None
  • LaundryFeatures: Inside
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Oct 7, 2021
Sold by
Iccf Homes Llc
Bought by
Dodge Logan and Dodge Devan
Seller's Agent
Jamie Bates
RE/MAX Real Estate Professionals Dewitt
Buyer's Agent
David Alter
Coldwell Banker Professionals-Delta
List Price
$89,900
Sold Price
$72,500
Premium/Discount to List
-$17,400
-19.35%
Current Estimated Value
$143,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,731
Avg. Annual Appreciation
18.76%
Original Mortgage
$58,000
Outstanding Balance
$44,570
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$98,661

Purchase Details

Closed on
Jan 1, 2015
Sold by
Chicago Title Land Trust Co
Bought by
Rdg Fund 5 Lth Llc

Purchase Details

Closed on
Jun 24, 2009
Sold by
Jp Morgan Chase Bank National Associatio
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 9, 2009
Sold by
Farrell Stefan and Farrell Tamara L
Bought by
Jp Morgan Chase Bank National Associatio

Purchase Details

Closed on
Nov 16, 1998
Sold by
Henderson Ansel R
Bought by
Farrell Stefan and Farrell Tamara L

Purchase Details

Closed on
Jan 23, 1998
Sold by
Henderson A Ray
Bought by
Farrell Stefan and Farrell Tamara
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dodge Logan -- None Listed On Document
Rdg Fund 5 Lth Llc -- Parks Title
Wells Fargo Bank Na -- E Title
Jp Morgan Chase Bank National Associatio $66,602 None Available
Farrell Stefan -- --
Farrell Stefan $17,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dodge Logan $58,000
Previous Owner Iccf Homes Llc $0
Previous Owner Farrell Stefan $52,500
Previous Owner Farrell Stefan $48,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold $72,500 -9.3% $47 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
07/21/2021 07/21/21 Price Changed $79,900 -5.9% $52 / Sq Ft
04/16/2021 04/16/21 Price Changed $84,900 -5.6% $55 / Sq Ft
04/07/2021 04/07/21 For Sale $89,900 -- $58 / 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 $4,530 $66,000 $3,700 $62,300
2024 $31 $54,500 $3,700 $50,800
2023 $3,611 $46,200 $3,700 $42,500
2022 $3,302 $40,200 $2,700 $37,500
2021 $3,060 $34,600 $3,500 $31,100
2020 $2,154 $32,000 $3,500 $28,500
2019 $2,073 $26,800 $3,500 $23,300
2018 $1,972 $21,900 $3,500 $18,400
2017 $1,745 $21,900 $3,500 $18,400
2016 $1,707 $21,500 $3,500 $18,000
2015 $1,707 $21,000 $6,964 $14,036
2014 $1,707 $21,100 $6,964 $14,136
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 254303

Greater Lansing Association of Realtors®

APN: 01-01-15-152-241