NOT LISTED FOR SALE

Lansing, MI 48912

Fairview Area Neighborhood

Estimated Value: $94,000 - $127,000

-- Bed
-- Bath
1,078 Sq Ft
$103/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $78,000 $72 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $695/month

22 Days on Market

Highlights

  • Traditional Architecture
  • Baseboard Heating
  • Carpet
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of July 2022

Welcome to opportunity! So many options to make owning a home so easy. This great property is in wonderful condition. The lower unit is a 2 bedroom 1 bath unit and the upper unit is a 1 bed / 1 bath effeciency. There is shared laundry in the basement. Live in one unit and rent the other or easily convert this home back to single family by opening the interior stairwell. This could be a 3/4 bed 2 full bath home! The location is ideal just a few hundred feet from the 600 block of Michigan Ave, very close to the downtown Meijer and all the parks and entertainment options of the capital area!

Last Agent to Sell the Property

Christopher Silker

Keller Williams Realty Lansing License #6506046369 Listed on: 05/12/2022

Keller Williams Realty Lansing

Last Buyer's Agent

Ross Yednock

Century 21 Affiliated License #6501396907

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33x127
  • Back Yard Fenced

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,078 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • Gravel Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 2 Units
  • Leslie Park Subdivision

Building Details

  • New Taxes Expense $2,190

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Tax Year: 2021
  • Registered Licenses for Unrelated Occupants: 2
  • Levels: Two
  • Year Built: 1918
  • Lot Size Acres: 0.1
  • Lot Size: 33x127
  • Subdivision Name: Leslie Park
  • Above Grade Finished Sq Ft: 1078.0
  • Architectural Style: Traditional
  • General Property Info:Lot Size Dimensions: 33x127
  • General Property Info:Above Grade Finished Area: 1078.0
  • Levels:Two2: Yes
  • General Property Info:Spa2: No
  • General Property Info:Waterfront: No
  • Laundry Features:In Basement: Yes
  • Flooring:Carpet: Yes
  • Electric:_one_00 Amp Service: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Fencing:Back Yard: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Flooring:Vinyl2: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Architectural Style:Traditional: Yes
  • General Property Info:Pool Private2: No
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 2190.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 2 Story
  • General Property Info:_pound_ of Units: 2
  • Water Heater:Electric Water Heater2: Yes
  • Annual Inc Expense:Tax Expense2: 2190.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Baseboard, Forced Air, Natural Gas
  • Flooring: Carpet, Vinyl
  • Property Type: Resid/Multi-Family
  • SpaFeatures: None
  • Private Spa: No
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard
  • Foundation Details: Concrete Perimeter
  • PoolFeatures: None
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Driveway, Gravel
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:Driveway: Yes
  • Misc Business Info:_pound_ Parking: 2
  • General Property Info:Parking Total: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 100 Amp Service
  • LaundryFeatures: In Basement
  • Utilities: High Speed Internet Available, Cable Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1448

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jul 19, 2022
Sold by
Hansen Lexine T
Bought by
Feinberg & Yednock Investments Llc
Seller's Agent
Christopher Silker
Keller Williams Realty Lansing
Buyer's Agent
Ross Yednock
Century 21 Affiliated
List Price
$90,000
Sold Price
$78,000
Premium/Discount to List
-$12,000
-13.33%
Current Estimated Value
$110,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,606
Avg. Annual Appreciation
10.70%
Original Mortgage
$58,500
Outstanding Balance
$56,047
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$51,834

Purchase Details

Closed on
Sep 30, 2002
Sold by
Lemarble Wayne D
Bought by
Hansen Lexine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
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
Feinberg & Yednock Investments Llc $78,000 None Listed On Document
Hansen Lexine T $70,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feinberg & Yednock Investments Llc $58,500
Previous Owner Hansen Lexine T $66,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $78,000 -13.3% $72 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $90,000 -- $83 / 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 $3,459 $47,600 $3,400 $44,200
2024 $28 $42,900 $3,400 $39,500
2023 $3,259 $37,800 $3,400 $34,400
2022 $2,241 $33,000 $2,700 $30,300
2021 $2,190 $33,100 $3,300 $29,800
2020 $2,173 $30,300 $3,300 $27,000
2019 $2,092 $27,200 $3,300 $23,900
2018 $1,990 $24,900 $3,300 $21,600
2017 $1,913 $24,900 $3,300 $21,600
2016 $1,836 $24,500 $3,300 $21,200
2015 $1,836 $23,400 $6,620 $16,780
2014 $1,836 $22,900 $6,620 $16,280
Source: Public Records

Agents Affiliated with this Home

  • Christopher Silker

    Seller's Agent in 2022

    Christopher Silker

    Keller Williams Realty Lansing

    (517) 242-9251

    3 in this area

    283 Total Sales

    Christopher Silker
    Section Image
  • Ross Yednock

    Buyer's Agent in 2022

    Ross Yednock

    Century 21 Affiliated

    (517) 204-5200

    1 in this area

    23 Total Sales

    Ross Yednock
    Section Image
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Source: Greater Lansing Association of Realtors®

MLS Number: 264841

Greater Lansing Association of Realtors®

APN: 01-01-14-302-141

Michigan Ingham County Lansing 48912

Fairview Area

This home since 12 May 2022 and is currently estimated at $110,606, approximately $102 per square foot. This property was built in 1918. This home is a home located in Ingham County with nearby schools including Pattengill Academy, Riddle Elementary School, and Eastern Lansing High School.

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