NOT LISTED FOR SALE

Estimated Value: $129,000 - $159,430

-- Bed
4 Baths
2,064 Sq Ft
$69/Sq Ft Est. Value

Last Sold October 15, 2019

Last sale price $80,500 $39 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $900/month

About This Home

As of October 2019

Property has gone through lead safe program and have all new windows. Taxes for 2018 were 3,279. Owner pays all utilities for all 4 unites, 2018 cost were 5,208.00. Insurance 900.00. Tenants are very stable and log term renters.

Last Agent to Sell the Property

Richard Williams

Keller Williams Realty Lansing License #6506042035 Listed on: 07/25/2019

Keller Williams Realty Lansing

Last Buyer's Agent

Katherine Keener

Berkshire Hathaway HomeServices License #6506047293

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 33x264

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,064 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • Gravel Driveway

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

  • Total Actual Rent $27,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Gross Rent: 27000.0
  • Misc Business Info Construction Type: Wood
  • Misc Business Info Parking Surface: Gravel
  • Tax Year: 2018
  • Misc Business Info Overall Building Siz: 2065
  • Levels: Two
  • Year Built: 1908
  • Lot Size Acres: 0.2
  • Lot Size: 33x264
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2064.0
  • General Property Info:Lot Size Dimensions: 33x264
  • General Property Info:Above Grade Finished Area: 2064.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Exterior:Vinyl Siding: Yes
  • Tax Info:Taxes2: 3280.0
  • Tax Info:Zoning3: Multi-Family
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Two Story Wood
  • 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

  • Roof: Shingle
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Misc Business Info:_pound_ Parking: 5
  • General Property Info:Parking Total: 5

Utilities

  • Sewer: Public Sewer
  • 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: 8712.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 5071

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2019
Closed on
Oct 15, 2019
Sold by
Palmiter Katherine V and Palmiter Paul M
Bought by
Balassone Nicholas
Seller's Agent
Richard Williams
Keller Williams Realty Lansing
Buyer's Agent
Katherine Keener
Berkshire Hathaway HomeServices
List Price
$80,000
Sold Price
$80,500
Premium/Discount to List
$500
0.62%
Current Estimated Value
$143,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,858
Avg. Annual Appreciation
9.87%
Original Mortgage
$60,375
Outstanding Balance
$52,901
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$88,025

Purchase Details

Closed on
Oct 13, 2008
Sold by
Charles E King Trust
Bought by
Palmiter Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,292
Interest Rate
5.94%

Purchase Details

Closed on
Jun 7, 2006
Sold by
King Charles E and King Alma I
Bought by
Charles E King Trust and Alma I King Trust
Source: Public Records

Range of Values:

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Average Value
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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
Balassone Nicholas $80,500 None Available
Palmiter Llc $40,000 Tri County Title Agency Llc
Charles E King Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balassone Nicholas $60,375
Previous Owner Palmiter Llc $57,292
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2019 10/15/19 Sold $80,500 +0.6% $39 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $80,000 -- $39 / 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 $4,664 $68,100 $7,100 $61,000
2024 $36 $67,300 $7,100 $60,200
2023 $4,400 $59,900 $7,100 $52,800
2022 $4,037 $55,700 $6,700 $49,000
2021 $3,945 $50,600 $4,600 $46,000
2020 $3,915 $44,600 $4,600 $40,000
2019 $3,443 $41,600 $4,600 $37,000
2018 $3,279 $39,800 $4,600 $35,200
2017 $3,149 $39,800 $4,600 $35,200
2016 $3,024 $39,100 $4,600 $34,500
2015 $3,024 $37,900 $9,230 $28,670
2014 $3,024 $37,100 $14,500 $22,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 238448

Greater Lansing Association of Realtors®

APN: 01-01-09-352-141