NOT LISTED FOR SALE

3601 Sandhurst Dr Lansing, MI 48911

Averill Woods Neighborhood

Estimated Value: $196,000 - $250,910

4 Beds
4 Baths
2,180 Sq Ft
$102/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $118,000 $54 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,431/month

57 Days on Market

Highlights

  • Ranch Style House
  • 6 Car Attached Garage
  • High Speed Internet
  • Covered Patio or Porch
  • Forced Air Heating System
  • Fenced

About This Home

As of December 2019

Great investment opportunity in Lansing! This brick ranch features two units each with 2 bedrooms and 1.5 baths. Units have separate living, dinning, and kitchen areas in addition to a 1 car garage and full basement. Tenants pay all utilities and units currently rent for $690 each.

Last Agent to Sell the Property

Stacee Robison

Keller Williams Realty Lansing License #6501387487 Listed on: 09/20/2019

Keller Williams Realty Lansing

Last Buyer's Agent

Neil Smith

Five Star Real Estate - Lansing License #6501390123

Five Star Real Estate - Lansing

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 81x319
  • Fenced

Home Design

  • 2,180 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • 6 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Total Actual Rent $16,560

Community Details

Overview

  • 2 Units
  • Scotsdale Subdivision

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $1,800
  • New Taxes Expense $3,561
  • Operating Expense $5,361
  • Net Operating Income $11,199

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Gross Rent: 16560.0
  • Net Income: 11199.0
  • Total Expense: 5361.0
  • Tax Year: 2017
  • Levels: One
  • Year Built: 1967
  • Lot Size Acres: 0.26
  • Lot Size: 81x319
  • Subdivision Name: Scotsdale
  • Above Grade Finished Sq Ft: 2180.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 81x319
  • General Property Info:Above Grade Finished Area: 2180.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Fencing:Fenced: Yes
  • Tax Info:Taxes2: 3561.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Ranch
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Insurance4: 1500.0
  • Annual Inc Expense:Tax Expense2: 3561.0
  • Annual Inc Expense:Maintenance3: 1800.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Full
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes
  • Basement:Daylight: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • Patio And Porch Features: Covered
  • Construction Type: Aluminum Siding, Brick
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • Parking Features: Attached, Garage Door Opener
  • Attached Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes
  • General Property Info:Parking Total: 6

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Utilities: High Speed Internet Available
  • 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: 11369.16
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1500.0
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 11199.0

Tax Info

  • New Taxes Expense: 3561.0
  • Tax Carrier Route: 1446

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Dec 20, 2019
Sold by
Knowlton Timothy Sawyer
Bought by
Beacon Home At Sandhurst Llc
Seller's Agent
Stacee Robison
Keller Williams Realty Lansing
Buyer's Agent
Neil Smith
Five Star Real Estate - Lansing
List Price
$125,000
Sold Price
$118,000
Premium/Discount to List
-$7,000
-5.6%
Current Estimated Value
$222,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,228
Avg. Annual Appreciation
10.43%

Purchase Details

Closed on
Jun 6, 2012
Sold by
Knowlton Timothy Sawyer and Knowlton Vicci Lee
Bought by
Knowlton Timothy Sawyer and Timothy Sawyer Knowlton Trust #1

Purchase Details

Closed on
Mar 15, 2000
Sold by
Revocable Living Trust Of Lucille Courey
Bought by
Knowlton Timothy Sawyer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,900
Interest Rate
8.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 1991
Sold by
Courey Lucille L
Bought by
Revocable Living Trust Of Corey Luc
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
Beacon Home At Sandhurst Llc $118,000 Transnation Title Agency
Knowlton Timothy Sawyer -- None Available
Knowlton Timothy Sawyer $139,900 --
Revocable Living Trust Of Corey Luc -- --
Courey Lucille L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knowlton Timothy Sawyer $94,900
Closed Knowlton Timothy Sawyer $18,915
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $118,000 -5.6% $54 / Sq Ft
11/02/2019 11/02/19 Pending -- -- --
09/06/2019 09/06/19 For Sale $125,000 -- $57 / 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 $7,257 $113,200 $15,800 $97,400
2024 $62 $99,200 $15,800 $83,400
2023 $6,823 $91,700 $15,800 $75,900
2022 $6,218 $83,700 $13,700 $70,000
2021 $6,073 $79,100 $14,400 $64,700
2020 $4,978 $61,300 $14,400 $46,900
2019 $3,901 $61,800 $14,400 $47,400
2018 $3,700 $56,200 $14,400 $41,800
2017 $3,561 $56,200 $14,400 $41,800
2016 $3,419 $48,900 $14,400 $34,500
2015 $3,419 $45,700 $28,705 $16,995
2014 $3,419 $44,900 $28,705 $16,195
Source: Public Records

Agents Affiliated with this Home

  • Stacee Robison

    Seller's Agent in 2019

    Stacee Robison

    Keller Williams Realty Lansing

    (517) 803-5165

    224 Total Sales

    Stacee Robison
    Section Image
  • Neil Smith

    Buyer's Agent in 2019

    Neil Smith

    Five Star Real Estate - Lansing

    (517) 281-6800

    59 Total Sales

    Neil Smith
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 240586

Greater Lansing Association of Realtors®

APN: 01-01-30-303-181

Michigan Ingham County Lansing 48911 Averill Woods

3601 Sandhurst Dr, Lansing, MI

This home is located at 3601 Sandhurst Dr, Lansing, MI 48911 since 20 September 2019 and is currently estimated at $222,228, approximately $101 per square foot. This property was built in 1967. 3601 Sandhurst Dr is a home located in Ingham County with nearby schools including Averill New Tech Elementary School, Attwood School, and J.W. Sexton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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