NOT LISTED FOR SALE

920 W Ottawa St Unit 1 Lansing, MI 48915

Downtown Lansing Neighborhood

Estimated Value: $223,143 - $237,000

-- Bed
4 Baths
2,630 Sq Ft
$87/Sq Ft Est. Value

Last Sold June 21, 2017

Last sale price $146,500 $56 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,746/month

59 Days on Market

Highlights

  • 0.25 Acre Lot
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of June 2017

4-unit income property located directly across the street from Michigan Supreme Court building. Units: One efficiency; two 1-bedroom; one 2-bedroom. Recent renovations on all 4 units. Renovations include new fixtures, flooring, kitchens, bathrooms, windows and exterior.

Last Agent to Sell the Property

Logan McAnallen

Non Member Office Listed on: 04/19/2017

Last Buyer's Agent

Logan McAnallen

Non Member Office Listed on: 04/19/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 54.5 x 198

Home Design

  • Vinyl Siding

Interior Spaces

  • 4 Bathrooms
  • 2,630 Sq Ft Home
  • 2.5-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 4 Units
  • Claypool Subdivision

Listing and Financial Details

  • Total Actual Rent $37,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Gross Rent: 37500.0
  • Tax Year: 2014
  • Total Disposals: 2
  • Total Microwaves: 4
  • Total Ovens: 4
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Levels: Two and One Half
  • Year Built: 1895
  • Lot Size Acres: 0.25
  • Lot Size: 54.5 x 198
  • Subdivision Name: Claypool
  • Above Grade Finished Sq Ft: 2630.0
  • General Property Info:Lot Size Dimensions: 54.5 x 198
  • General Property Info:Above Grade Finished Area: 2630.0
  • Sewer:Public Sewer: Yes
  • Utilities:High Speed Internet Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Exterior:Vinyl Siding: Yes
  • Levels:Two and One Half: Yes
  • Tax Info:Taxes2: 4357.0
  • Tax Info:Zoning3: Multi-Family
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 4 Units
  • General Property Info:_pound_ of Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Asphalt, No Garage
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:No Garage: Yes
  • General Property Info:Parking Total: 6 +

Utilities

  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 10802.88
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2017
Closed on
Jun 21, 2017
Sold by
Mcconell Heather
Bought by
Omalley Patrick and Macmillan Kyle
Seller's Agent
Logan McAnallen
Non Member Office
Buyer's Agent
Logan McAnallen
Non Member Office
List Price
$149,000
Sold Price
$146,500
Premium/Discount to List
-$2,500
-1.68%
Current Estimated Value
$229,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,286
Avg. Annual Appreciation
5.46%
Original Mortgage
$117,200
Outstanding Balance
$97,566
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$132,220

Purchase Details

Closed on
Jun 20, 2016
Sold by
New York Community Bank
Bought by
Connell Heather

Purchase Details

Closed on
Jul 30, 2004
Sold by
Mohnke Timothy J
Bought by
Smith Charles B and Thornton Lisa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 1999
Sold by
Mohnke Cristal Lynn
Bought by
Mohnke Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 1995
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Omalley Patrick $146,500 None Available
Connell Heather -- None Available
Smith Charles B $225,000 Fatic
Mohnke Timothy J -- --
-- $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omalley Patrick $117,200
Previous Owner Smith Charles B $202,500
Previous Owner Mohnke Timothy J $89,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2017 06/21/17 Sold $146,500 -1.7% $56 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $149,000 -- $57 / 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 $6,443 $107,400 $6,200 $101,200
2024 $51 $99,500 $6,200 $93,300
2023 $6,072 $89,200 $6,200 $83,000
2022 $5,558 $79,500 $6,500 $73,000
2021 $5,431 $75,700 $7,800 $67,900
2020 $5,390 $69,100 $7,800 $61,300
2019 $5,196 $69,800 $7,800 $62,000
2018 $4,937 $59,100 $7,800 $51,300
2017 $4,700 $59,100 $7,800 $51,300
2016 $4,385 $58,100 $7,800 $50,300
2015 $4,385 $55,800 $15,555 $40,245
2014 $4,385 $55,700 $16,250 $39,450
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Logan McAnallen

    Non Member Office

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 215008

Greater Lansing Association of Realtors®

APN: 01-01-17-278-131

Michigan Ingham County Lansing 48915 Downtown Lansing

920 W Ottawa St Unit 1, Lansing, MI

Not Listed for Sale

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