NOT LISTED FOR SALE

924 N Sycamore St Unit 1 Lansing, MI 48906

Old Forest Neighborhood

Estimated Value: $102,000 - $133,000

4 Beds
2 Baths
1,614 Sq Ft
$73/Sq Ft Est. Value

Last Sold April 02, 2020

Last sale price $36,000 $22 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $656/month

96 Days on Market

Highlights

  • 1.5-Story Property
  • Forced Air Heating System
  • 4-minute walk to Comstock Park
  • Covered patio or porch

About This Home

As of April 2020

Thrilling three unit property with two separate structures including a 1.5 story duplex and adorable standalone ranch situated on a huge corner lot with ample parking for all units. Super convenient to transportation, LLC and Cooley Law School. This is a Fannie Mae Homepath property.

Last Listed By

D. Michon/Michon Group

RE/MAX Real Estate Professionals License #6501311699 Listed on: 02/19/2020

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 10,237 Sq Ft Lot
  • Lot Dimensions are 99x103.5

Home Design

  • 1.5-Story Property
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,614 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • No Garage
  • Gravel Driveway

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Tax Year: 2018
  • Levels: One, One and One Half
  • Year Built: 1880
  • Lot Size Acres: 0.24
  • Lot Size: 99x103.5
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1614.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 99x103.5
  • General Property Info:Above Grade Finished Area: 1614.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Levels:One and One Half: Yes
  • Architectural Style:Ranch: Yes
  • Tax Info:Taxes2: 2664.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: Residental
  • General Property Info:_pound_ of Units: 3
  • Water Heater:Electric Water Heater2: Yes
  • 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

  • Roof: Shingle
  • Patio And Porch Features: Covered
  • Construction Type: Aluminum Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: Gravel, No Garage
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:No Garage: Yes
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Appliances: Electric Water Heater
  • 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: 10236.6
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2019
Sold by
Laban Gerald L and Spitzley Margaret
Bought by
Fannie Mae and Federal National Mortgage Association
Total Days on Market
96
Current Estimated Value
$117,448

Purchase Details

Closed on
Feb 20, 2004
Sold by
Tenney Kenneth R and Tenney Sharon K
Bought by
Laban Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,800
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 1998
Sold by
Benson Bryan K
Bought by
Tenney Kenneth R

Purchase Details

Closed on
Dec 1, 1983
Sold by
Maran Margaret
Bought by
Benson Bryan

Purchase Details

Closed on
Nov 11, 1983
Sold by
Lowe Mary V
Bought by
Maran Margaret

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
Fannie Mae $68,402 None Available
Laban Gerald $89,000 Trans
Tenney Kenneth R $21,500 --
Benson Bryan $23,000 --
Maran Margaret $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsley & Anderson Llc $146,347
Previous Owner Laban Gerald L $78,500
Previous Owner Laban Gerald $74,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2020 04/02/20 Sold $36,000 -4.0% $22 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $37,500 0.0% $23 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
01/31/2020 01/31/20 Price Changed $37,500 -6.3% $23 / Sq Ft
01/28/2020 01/28/20 For Sale $40,000 0.0% $25 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
12/30/2019 12/30/19 Price Changed $40,000 -10.9% $25 / Sq Ft
11/21/2019 11/21/19 For Sale $44,900 -- $28 / 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 $22 $37,300 $7,400 $29,900
2023 $2,501 $33,600 $7,400 $26,200
2022 $2,182 $30,900 $6,500 $24,400
2021 $2,316 $29,000 $6,900 $22,100
2020 $1,970 $29,000 $6,900 $22,100
2019 $1,708 $27,300 $6,900 $20,400
2018 $1,621 $25,100 $6,900 $18,200
2017 $1,560 $25,100 $6,900 $18,200
2016 $1,498 $24,700 $6,900 $17,800
2015 $1,498 $24,100 $13,869 $10,231
2014 $1,498 $19,700 $8,500 $11,200
Source: Public Records

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Source: Greater Lansing Association of Realtors®

MLS Number: 242669

Greater Lansing Association of Realtors®

APN: 01-01-09-352-042