NOT LISTED FOR SALE

Estimated Value: $154,000 - $193,696

Studio
-- Bath
1,760 Sq Ft
$100/Sq Ft Est. Value

Last Sold April 05, 2016

Last sale price $29,000 $16 Per Sq Ft

Est. 507% increase in value since last sale

Current estimated payment $1,313/month

86 Days on Market

Highlights

  • Ranch Style House
  • Fenced
  • Wood Siding
  • Forced Air Heating System

About This Home

As of April 2016

Great cash flow potential in this ranch style duplex. Separate utilities. Sliding glass doors and shed in the fenced back yard. Please go to Homepath.com for details. This is a Fannie Mae HomePath property. Visit www.homepath.com for more information.

Last Agent to Sell the Property

Mark Goodman

Brokers Realty License #6506041197 Listed on: 12/28/2015

Last Buyer's Agent

Dave Bueche

Musselman Realty Company License #6506027193

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • Fenced

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1,760 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Carport

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Tax Year: 15
  • Total Dishwashers: 2
  • Levels: One
  • Year Built: 1971
  • Lot Size: 0.23
  • Above Grade Finished Sq Ft: 1760.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 0.23
  • General Property Info:Above Grade Finished Area: 1760.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • General Property Info:ECO Friendly Features: No
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Fencing:Fenced: Yes
  • Exterior:Wood Siding: Yes
  • Tax Info:Taxes2: 2950.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:_pound_ of Units: 2
  • 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

  • Fencing: Fenced
  • Construction Type: Aluminum Siding, Brick, Wood Siding

Garage/Parking

  • Parking Features: Carport
  • Attached Garage: No
  • Parking Features:Carport: Yes
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2018
Sold by
Ng Kin Wah Nelson
Bought by
Elderberry Tree Management Llc
Current Estimated Value
$175,924

Purchase Details

Listed on
Dec 28, 2015
Closed on
Apr 5, 2016
Sold by
Fannie Mae
Bought by
Rain Tree Management Llc
Seller's Agent
Mark Goodman
Brokers Realty
Buyer's Agent
Dave Bueche
Musselman Realty Company
List Price
$46,900
Sold Price
$29,000
Premium/Discount to List
-$17,900
-38.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.17%

Purchase Details

Closed on
Oct 22, 2015
Sold by
Kellogg Arthur L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 26, 2001
Sold by
Jones Elodia L and Kellogg Arthur L
Bought by
Kellogg Arthur L

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
10.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 1992
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
Elderberry Tree Management Llc -- None Available
Rain Tree Management Llc $29,000 None Available
Federal National Mortgage Association -- None Available
Kellogg Arthur L -- Fidelity National Title Ins
-- $68,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kellogg Arthur L $66,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2016 04/05/16 Sold $29,000 -38.2% $16 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
12/28/2015 12/28/15 For Sale $46,900 -- $27 / Sq Ft
Source: Greater Lansing Association of Realtors®

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 $4,780 $106,600 $10,200 $96,400
2024 $39 $81,600 $10,200 $71,400
2023 $4,500 $72,100 $10,200 $61,900
2022 $4,112 $59,400 $9,400 $50,000
2021 $4,017 $58,600 $8,800 $49,800
2020 $3,988 $57,700 $8,800 $48,900
2019 $3,851 $49,300 $8,800 $40,500
2018 $3,654 $45,800 $8,800 $37,000
2017 $3,534 $45,800 $8,800 $37,000
2016 $7,190 $45,000 $8,800 $36,200
2015 $7,190 $43,900 $17,684 $26,216
2014 $7,190 $45,200 $21,765 $23,435
Source: Public Records

Agents Affiliated with this Home

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Source: Greater Lansing Association of Realtors®

MLS Number: 77660

Greater Lansing Association of Realtors®

APN: 01-05-03-352-111