NOT LISTED FOR SALE

Estimated Value: $228,000 - $273,000

-- Bed
4 Baths
1,728 Sq Ft
$141/Sq Ft Est. Value

Last Sold August 05, 2015

Last sale price $87,150 $50 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $1,653/month

22 Days on Market

About This Home

As of August 2015

Simple living apartment building. Four units with a community laundry area. Each unit contains a cozy living room with an open kitchen floor plan. Please include email and cell phone number with all offers. NationStar has implemented a 7 day Offer Hold Period. All offers will be held until the 8th day on market. All offers must be accompanied by a NationStar Mortgage prequal. Please contact listing agent for more information. Room sizes are estimated.

Last Agent to Sell the Property

Eric Chagnon

One Source Realty Listed on: 06/15/2015

Last Buyer's Agent

Mary Miller

RE/MAX Real Estate Professionals License #6506004468

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 0.39

Home Design

  • Bi-Level Home
  • Brick Exterior Construction

Interior Spaces

  • 1,728 Sq Ft Home
  • Crawl Space

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Tax Year: 14
  • Year Built: 1970
  • Lot Size: 0.387 AC
  • Above Grade Finished Sq Ft: 1728.0
  • Architectural Style: Bi-Level
  • General Property Info:Lot Size Dimensions: 0.387 AC
  • General Property Info:Above Grade Finished Area: 1728.0
  • Sewer:Public Sewer: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Brick: Yes
  • Architectural Style:Bi-Level: Yes
  • Tax Info:Taxes2: 3657.0
  • Tax Info:Zoning3: Residential
  • General Property Info:_pound_ of Units: 4
  • Water Heater:Electric Water Heater2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Heating: Hot Water, Natural Gas
  • Property Type: Resid/Multi-Family
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • General Property Info:Parking Total: Street

Utilities

  • Sewer: Public Sewer
  • Appliances: Electric Water Heater
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jul 24, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Johnson Brent
Seller's Agent
Eric Chagnon
One Source Realty
Buyer's Agent
Mary Miller
RE/MAX Real Estate Professionals
List Price
$80,700
Sold Price
$87,150
Premium/Discount to List
$6,450
7.99%
Current Estimated Value
$242,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,805
Avg. Annual Appreciation
10.33%

Purchase Details

Closed on
Apr 24, 2015
Sold by
Schafer Damon A and Schafer Aimee L
Bought by
Nationastar Mortgage Llc

Purchase Details

Closed on
Jun 13, 2007
Sold by
Royce Management Llc
Bought by
Schafer Damon A and Schafer Aimee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,250
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2004
Sold by
L & N Properties
Bought by
Royce Management Llc

Purchase Details

Closed on
Sep 24, 2004
Sold by
Lowe Terry L
Bought by
L & N Properties

Purchase Details

Closed on
Jun 27, 1999
Sold by
Nemeth Robert L and Nemeth Twyla K
Bought by
L & N Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,456
Interest Rate
7.77%
Mortgage Type
Seller Take Back
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
Johnson Brent $87,150 None Available
Nationastar Mortgage Llc -- None Available
Schafer Damon A $182,500 Tri County Title Agency Llc
Royce Management Llc $298,000 Mid
L & N Properties -- Mid
L & N Properties -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schafer Damon A $164,250
Previous Owner L & N Properties $118,456
Closed Royce Management Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2015 08/05/15 Sold $87,150 +8.0% $50 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $80,700 -- $47 / 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 $4,603 $120,600 $12,000 $108,600
2024 $8 $113,300 $11,000 $102,300
2023 $4,281 $75,500 $8,000 $67,500
2022 $4,078 $67,500 $8,000 $59,500
2021 $3,985 $67,500 $8,000 $59,500
2020 $4,056 $67,500 $8,000 $59,500
2019 $3,892 $65,600 $8,000 $57,600
2018 $3,875 $54,200 $8,000 $46,200
2017 $3,743 $54,200 $8,000 $46,200
2016 $3,689 $54,200 $8,000 $46,200
2015 $3,657 $54,200 $16,000 $38,200
2014 $3,657 $54,200 $16,000 $38,200
Source: Public Records

Agents Affiliated with this Home

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Source: Greater Lansing Association of Realtors®

MLS Number: 71741

Greater Lansing Association of Realtors®

APN: 25-05-14-302-032