1003 LeGrand - Dockett #25-003185 - Petitioners Evidence.pdf
Todd K Dowrick, Petitioner V City Of Lansing, Respondent · 25-003185-TT
Text extracted from the reviewed PDF, organized by page. OCR and reading order may contain errors; confirm details in the PDF below.
Page 1
3/5125, 12:46 PM flexmls Web RECEIVED Comparable Market Analysis | 1003-1005 Legrand Drive, Lansing, Ml, 48910 MAR 06 105 Prepared for Legrand—Wednesday, March 5, 2025 F LANSING SSI SOR: Christopher Silker Keller Williams Realty Lansing-East 3490 Belle Chase Way Lansing, Mi 48911 517-242-9251 csilker@kw.com https://advantageinteam.kw.com/ License #: 6506046369 This report is not an appraisal and is not intended to meet the requirements set out in the Uniform Standards of. Appraisal Practice. If an appraisal is desired, the services of a licensed appraiser should be obtained.
Page 2
3/5125, 12:46 PM CMA Prepared for Legrand by Christopher Sitker flexmls Web 1003-1005 Legrand Drive , Lansing MI 48910 Comparable Properties Subject wg] v 278815 285833 Be 284212 4017 Glenburne 1003-1005 Legrand Drive 4023 Burchfield Drive 4219 Burchfield Drive Boulevard Lansing MI 48910 Lansing MI Lansing MI Lansing MI Distance From Subject 0.24 0.30 2.07 List Price $139,900 $149,900 $170,000 Original List Price $139,900 $149,800 $170,000 Sold Price $141,300 $140,000 $158,000 Status Closed Closed Closed Status Date 04/16/2024 02/21/2025 12/04/2024 Days on Market 4 3 8 Cumulative Days on Market 4 3 8 Adjustment += + + Bedrooms Baths - Total Year Built 1969 1971 1971 1979 State Eq Value 68,600, 57,200 64,300 73,400 SqFt - Above Appx 1,848 1,534 1,718 1,736 Total Livable Area Adjusted Price $146,433) $141,300 $140,000 $158,000 Price Per State Eq Value 2.13 $2.47 $2.18 $2.15 Price Per SqFt - Above Appx 79.24 $92.11 $81.49 $91.01
Page 3
3/5125, 12:46 PM flexmls Web CMA Prepared for Legrand by Christopher Silker 1003-1005 Legrand Drive , Lansing M1 48910 Map of Subject And Comparable Properties & 3 < z oo g [=] @ Fresh Mish & Try Th - Crack Chicken w W Holmes Re W Holmes Rd W Malmes Rd £ E Krog 2 g 5 E] ] 8 8 = 2 2 2 pa 3 @ 2 a Feeders Pet Supply aS W Jolly Rd vf Jaliy Rd Ww Jolly Rd [72] & Waverly Park Apartrients 3 w or 5 & g 3 a 8 Benjamin F. : S = Davis Park 4, » 2 = . LG" ES = z N “thrup St 4 Go gle Map data ©2025 ) Active @ Sold Pending % Withdrawn & Cancelled @ Expired Address MLS # Status Distance from Subject x , i 2 Subject 1003-1005 Legrand Drive , Lansing MI 48910 ) 1 4023 Burchfield Drive , Lansing M! 48810 278815 Closed 0.24m 2 4219 Burchfield Drive , Lansing MI 48910 285833 Closed 0.30m 3 4017 Glenburne Boulevard , Lansing Ml 48911 284212 Closed 2.07m
Page 4
3/5/25, 12:46 PM flexmls Web 278815 4023 Burchfield Drive, Lansing, MI 48910 Agent Copy Resid/Multi-Family Closed $141,300 Name Office ] Primary Office E-mail Listing Member: Home Seekers LO: Berkshire Hathaway HomeServices Tomie Raines 517 300.3637 517-351-3617 brgadmin@tomieraines.com Selling Member: Home Seekers pris gid Hathaway HomeServices Tomie:Raines 517-300-3637 517-351-3617 brgadmin@tomieraines.com H List Price: $139,900 Parking Total: 4 Listing Date: 02/23/2024 Property Type: Resid/Multi-Family City: Lansing # of Units: 2 County: Ingham Above Grade Finished 1,534 School District: Lansing Area: Subdivision: Meadow Living Area Source: Assessor Woods Year Built: 1971 Building 1 duplex Key: KYBX Description: Occupancy: A/C TENANT Lot Acres: 0.22 RIGHTS Lot Size Dimensions: 75x128.32 Owner Name: Bellinger Corey 7A for Grand _. Directions: follow signs for 1-496W/Downtown/Lansing and merge onto 1-496 W. Take exit Ave toward Downtown. Keep left at the fork to continue on W St Joseph St. Turn left onto S Washington Ave. Turn left onto W Holmes Rd. Turn right onto Burchfield Dr. Destination on left. HEA 3 a i ' Legal: LOT 61 MEADOW WOOD NO 2 SUB a a # 4023 Burchfield Drive Unit # Rm Bth Bed Rent SqFt Tenant Phone Unit 1 2 3 4 Unit 1 4 1 2 $1,000 Ranges: 1 1 Unit 2 5 % 3 $11,000 Refrig: 1 1 Unit 3 Ovens: 1 1 Unit 4 Washer: Gross Rent: Management: Dryer: Other Income: Insurance: Miscellaneous: Dispos: 1 1 Less Fuel: Tax Expense: Total Expense: Micro: Water/Sewer Expense: Maintenance: Net Income: Dishwh: Wtrsof: Above Grade Finished 1,634 i Zoning: Residential Taxable Value: $57,200 Area: State Eq Value: $57,200 Taxable Value Year: 2022 Parcel #: 33-01-01-32-278- Eq Year: 2022 Taxes: $4,598 051 Tax Year: 2022 Basement: Block; Egress Windows Cooling: None Disclosures: Lead Based Paint; Sellers Disclosures Electric: 100 Amp Service Exterior: Aluminum Siding; Wood Siding Flooring: Carpet; Laminate Fencing: Partial Foundation Details: Block Heating: Forced Air; Natural Gas Land & Acreage: Up to 1/4 Acre Lot Features: City Lot Laundry Features: Electric Dryer Hookup; In Basement; Multiple Locations; Washer Hookup Levels: One Parking Features: Driveway; No Garage; On Site; On Street Patio & Porch Features: Covered Roof: Shingle Road Frontage Type: City Street Showing Days: Sunday; Monday; Tuesday; Wednesday; Thursday; Friday; Saturday Showing Requirements: Appointment Only; Call Listing Agent Road Surface Type: Paved Sewer: Public Sewer Terms: Cash; Conventional; FHA; VA Loan Architectural Style: Ranch Unit Information: License/Register Exp: 12/01/2024 Utilities: High Speed Internet Available Window Features: Double Pane Windows Water Source: Public Public Remarks: This side-by-side duplex is a great investment opportunity. bathroom, and a full basement with laundry and space for storage. 4025 has 4023 has been freshly painted and recently updated. It has 2 bedrooms, 1 3 bedrooms, 1 full bath, and separate laundry in the basement. 4025 is occupied with a long-term tenant, which rents for $1,100/month. Market rent for 4023 is $1,000. All utilities are split. Opportunity to live in one side and rent out the other or buy and rent out the vacant side for cash flow. Roof was rep! private tour. aced in 2019 and sewer line was replaced in 2019. Call listing agent for a Agent to Agent Remarks: 4023 is vacant. Market rent is $1,000/month. 4025 is occupied and can be shown upon offer acceptance. Current rent is $1,100 and lease is month to month after 4/1/24. Original List Price: $139,900 Days On Market: 4 Sold Date: 04/10/2024 Cumulative DOM: 4 Sold Price: $141,300 Status Change Date: 04/16/2024 Sold Terms: Conventional Transaction Type: Arms Length Sale Seller 2826.00 Concessions: Under Contract 02/27/2024 Date: Information is deemed to be reliable, but is not guaranteed. © 2025 MLS and FBS. on this sheet has been made available by the MLS and may not be the listing of th Prepared by Chris Silker on Wednesday, March 05, 2025 12:46 PM. The information e provider.
Page 5
3/5/25, 12:46 PM flexmls Web 285833 4219 Burchfield Drive, Lansing, MI 48910 Agent Copy Resid/Multi-Family Closed $140,000 Name Office Primary Office E-mail id 0: i Listing Member: Macintyre & Cowen Team otic biad Real Estate Professionals 517-525-2206 517-339-8255 peter.pmachomes@gmail.com " - $0: 1st Michigan Realty LLC PF § Selling Member: Jie Yang 6505384634 9 Y 248-838-9988 248-838-9988 yj23jan11@gmail.com BA List Price: $149,900 Parking Total: 4 Listing Date: 01/21/2025 Property Type: Resid/Multi-Family City: Lansing # of Units: 2 County: Ingham Above Grade Finished 1,718 School District: Lansing Area: Subdivision: Meadow Woods Living Area Source: Assessor Building 1 Duplex Year Built: 1971 Description: Key: combo Lot Acres: 0.243 Occupancy: A/C tenants rights Lot Size Dimensions: 82x127x83x128 Owner Name: C/O PMACHOMES Directions: S MLK to east on Cavenaugh Rd, north on Burchfield Dr. Property is on the east side on the corner lot. Legal: LOT 67 MEADOW WOOD NO 2 SUB FR Ona Lae faetinty fT BV 4219 Burchfield Drive Unit # Rm Bth Bed Rent SqFt Tenant Phone Unit 1 2 3 4 Unit 1 5 1 2 $900 859 Ranges: Unit 2 5 1 2 $785 859 Refrig: Unit 3 Ovens: Unit 4 Washer: Gross Rent: 20,220 Management: Dryer: Other Income: Insurance: Miscellaneous: Dispos: Less Fuel: Tax Expense: 3,420 Total Expense: Micro: Water/Sewer Expense: Maintenance: Net Income: Dishwh: Wtrsof: Above Grade Finished 1,718 Zoning: Residential Taxable Value: $37,350 Area: State Eq Value: $64,300 Taxable Value Year: 2023 Parcel #: 33-01-01-32-278- Eq Year: 2023 Taxes: $3,421 1m Tax Year: 2024 Annual Inc & Expense: Gross Rent: 20,220; Tax Expense: 3,420 Laundry Features: In Basement Basement: Block; Full Levels: One Cooling: None Misc Business Info: # Parking: 4 Disclosures: Lead Based Paint; Sellers Disclosures Parking Features: Driveway; Paved Exterior: Aluminum Siding Patio & Porch Features: Covered; Front Porch Flooring: Carpet; Vinyl Roof: Shingle Fencing: None Road Frontage Type: City Street Heating: Forced Air; Natural Gas Showing Requirements: 24 Hour Notice; SentriKey Land & Acreage: Up to 1/4 Acre Road Surface Type: Paved Lot Features: City Lot; Corner Lot Sewer: Public Sewer Terms: Cash; Conventional Architectural Style: Ranch Water Source: Public Public Remarks: Welcome to 4219/4221 Burchfield Dr. This duplex could be a great investment opportunity for you. Each side has 2 bedrooms, 1 full bath, and a full basement with a laundry setup. Newer roof, and the sewer lines to the street were recently replaced. One side rents for $900 and the other rents for $785 (it is a slightly smaller unit). Both units have high-efficiency furnaces. There are 4 parking spots behind the house. Owner covers trash, snow, and lawnmowing. Tenants pay all other utilities. Duplex is fully occupied, so you would have cash flow right away. Agent to Agent Remarks: 24 hour notice. BATVAL. Call Eleanor Cowen with questions. 517-256-6664 Original List Price: $149,900 Days On Market: 3 Sold Terms: Conventional Sold Date: 02/21/2025 Cumulative DOM: 3 Under Contract Date: 01/24/2025 Sold Price: $140,000 Status Change Date: 02/21/2025 Information is deemed to be reliable, but is not guaranteed. © 2025 MLS and FBS. Prepared by Chris Silker on Wednesday, March 05, 2025 12:46 PM. The information on this sheet has been made available by the MLS and may not be the listing of the provider. Ania4
Page 6
3/5/25, 12:46 PM flexmls Web 284212 4017 Glenburne Boulevard, Lansing, MI 48911 Agent Copy Resid/Multi-Family Closed $158,000 pame HouahBlack foe Primary Office E-mail og . alyn ou acl : RE/MAX Real Estate Professi Listing Member: peli 6505221013 e Professionals 517-647-9794 517-339-8255 kalynhoughblack@gmail.com ’ . SO: RE/MAX Real Estate Professi Selling Member: Kalyn M HoughBlack 8505221013 oe Pro essionals 517.647.9794 517-339-8255 kalynhoughblack@gmail.com List Price: $170,000 Parking Total: 4 Listing Date: 10/14/2024 Property Type: Resid/Multi-Family City: Lansing # of Units: 2 County: Eaton Above Grade Finished Area: 1,736 School District: Lansing Living Area Source: Assessor Pp Subdivision: Glenburne Year Built: 1979 ee Building 1 Description: 2 UNIT RANCH Key: CMBO la Lot Acres: 0.223 Occupancy: TENANT RIGHTS Lot Size Dimensions: 83.65X121.1 Owner Name: C/O REMAX Directions: GLENBURNE AND WAVERLY RD EAST TO PROPERTY. Legal: LOT 130 GLENBURNE SUB Unit # Rm Bth Bed Rent SqFt Tenant Phone Unit 1 2 3 4 Unit 1 4 1 2 870 Ranges: 1 1 Unit 2 4 1 2 $975 870 Refrig: 1 1 Unit 3 Ovens: 1 1 Unit 4 Washer: 1 1 Gross Rent: Management: Dryer: 1 1 Other Income: Insurance: Miscellaneous: Dispos: Less Fuel: Tax Expense: Total Expense: Micro: Water/Sewer Expense: Maintenance: Net Income: Dishwh: 1 1 Wtrsof: Above Grade Finished 1,736’ | Zoning: Residential Taxable Value: $70,875 Area: State Eq Value: $73,400 Taxable Value Year: 2024 Parcel #: 23-50-40-36-405- Eq Year: 2024 Taxes: $5,509.85 111 Tax Year: 2023 Basement: None Laundry Features: In Garage Cooling: Wall/Window Unit(s) Levels: One Exterior: Wood Siding Misc Business Info: # Parking: 4 Heating: Forced Air; Natural Gas Parking Features: Driveway; Garage Land & Acreage: Up to 1/4 Acre Patio & Porch Features: Front Porch Roof: Shingle Showing Requirements: Appointment Only; Call Listing Agent; Email Listing Agent; Lockbox; Sign on Property; Text Listing Agent Sewer: Public Sewer Terms: Cash; Conventional Architectural Style: Ranch Unit Information: Registered/Licenses: 2; License/Register Exp: 06/01/2026; # Deposits: 1; # Written Leases: 1 Water Source: Public Public Remarks: This is a great investment opportunity. There are 2 units that are both 2 bedroom, 1 bathroom and private laundry. Both units have updated interiors. One unit is currently occupied the other side is vacant and available for you to take a look at today! Agent to Agent Remarks: Showing allowed on vacant side only. Once there is an accepted offer, will allow into the occupied side. Both units are updated mirror each other. 4019 is currently vacant and available for showings. 4017 will be available with accepted offer. Original List Price: $170,000 Days On Market: 8 Sold Terms: Conventional Sold Date: 12/04/2024 Cumulative DOM: 8 Under Contract Date: 10/22/2024 Sold Price: $158,000 Status Change Date: 12/04/2024 Information is deemed to be reliable, but is Jotguaranteed, ©2025 MLS and FBS. Prepared by Chris Silker on Wednesday, March 05, 2025 12:46 PM. The information on this sheet has been made available by the MLS and may not be the listing of the provider.
Page 7
3/5125, 12:46 PM flexmls Web CMA Prepared for Legrand by Christopher Silker 1003-1005 Legrand Drive , Lansing MI 48910 Price Analysis List, Sold and Adjusted Prices 180,000 Closed Listings 160.000 140,000 120.000 100.000 80,000 60.000 40.000 20,000 0 278815 285833 284212 4023 Burchfield Drive 4219 Burchfield Drive 4017 Glenburne Boulevard Lansing MI Lansing Mi Lansing Mi ia Sold Adjusted Low, Average, Median, and High Sold Prices 160.000 Closed Listings - sided Price: $146,433 140,000 hhh 120.000 100.000 80,000 60.000 40,000 20.000 Low Average Median Sold Price
Page 8
— AEE
EHPBBBBHBBRBRBRERe
3/5/25, 12:46 PM
Summary of Closed Listings
flexmis Web
Total
Adjusted
MLS #
Address
List Price
DOM
CbOM
Sold Date
Sold Price
Adjustments
Price
278815
[4023 Burchfield Drive, Lansing MI
$139,900
4
4
04/10/2024
$141,300
-1$141,300
285833
14219 Burchfield Drive, Lansing MI
$149,900
3
02/21/2025
$140,000
-{$140,000
284212
[4017 Glenbume Boulevard, Lansing MI
$170,000
8
8
12/04/2024
$158,000
-1$158,000
Low, Average, Median, and High Comparisons
Closed
Overall
Low
$140,000
$140,000
Average
$146,433
$146,433
Median
$141,300
$141,300
High
$158,000
$158,000
Overall Market Analysis (Unadjusted)
Avg.
Avg. Above
Avg. List $/Above
List
Avg.List
Sold
Avg Sold
Sale/lList
Grade Finished
Grade Finished
Avg. Sold $/Above
Avg.
Avg.
Status #
Vol.
Price
Vol.
Price
Price
Area
Area
Grade Finished Area
DOM
CDOM
Closed [3{459,800}
153,267|439,300
146,433
0.96
1,663
92.13
88.21
Overall |31459,800f
153,267] 439,300
146,433
0.96
1,663
92.13
88.21
SELECTION CRITERIA FOR COMPARABLE PROPERTIES
Specified listings from the following search: Property type Resid/Multi-Family; Status of Closed"; School District of ‘Lansing’; # of Units between 2 and
2; Sold Date between '03/05/2024' and '03/05/2035'; or Architectural Style of Ranch,Page 9
3/5/25, 12:46 PM flexmls Web Comparison Based on Important Values Price Per Price Per MLS # Address Adjusted Price State Eq Value SqFt - Above Appx 278815 4023 Burchfield Drive " , Lansing M! $141,300 $2.47 $92.11 285833 4219 Burchfield Drive ”, Lansing MI $140,000 $2.18 $81.49 284212 4017 Glenburne Boulevard *, Lansing MI! $158,000 $2.15 $91.01 Average $146,433 $2.27 $88.21 Subject Has 68600.00 1848.00 Indicated Price $155,497.04 $163,003.49 Average $159,250.27
Page 10
1003 LEGRAND DR LANSING, MI 48910 &« ~» Parcel #33-01-01-32-276-311 Customer Name: DOWRICK TODD Owner and Taxpayer Information DOWRICK TODD o BRAD DOWRICK wher 6435 HEATHFIELD DR EAST LANSING, MI 48823-9659 Taxpayer SEE OWNER INFORMATION General Information for Tax Year 2026 Property Class 401 RESIDENTIAL-IMPROVED i School District LANSING PUBLIC SCHOOL DIST . MAP # P -1882 -0047 Lo User Number index Not Available User Alpha 1 Not Available i User Alpha 3 Not Available Historical District Not Available I a User Alpha 2 Not Available Unit 01CITY OF LANSING - INGHAM ’ ) Assessed Value $85,700 J Taxable Value $81,338 Lo. i State Equalized Value $85,700 — A Date of Last Name Change 05/06/2024 Notes Not Available . Census Block Group Not Available Exemption No Data to Display Principal Residence Exemption Information Effective Date 12/30/1997 Principal Residence Exemption 2026 Previous Year Information Year 2025 2024 2023 Land Information Zoning Code Land Value Renaissance Zone ECF Neighborhood R-MX $24,000 No 54 B,C&D Lot Dimensions/Comments No Data to Display Total Acres Land improvements Renaissance Zone Expiration Date 0.220 $0 No Data to Display MBOR Assessed . June 1st } 0.0000% “Final SEV $79,200 $62,200 $68,600 PP FE Fina! 0.0000% Final Taxable $79,200 $52,482 $49,983
Page 11
Mortgage Code No Data to Display a Neighborhood Enterprise N _ Zone ° Lo. Lot(s) Frontage Depth Lot1 80.00 ft 19.8811 Total Frontage: 80.00 ft Average Depth: 119.88 fi Legal Description ces wove ehomEw es Tw LOT 19 MEADOW WOOD SUB Sale History Sale Date Sale Price Instrument Grantor 04/23/2024 $125,000.00 WD DAMEROW THOMAS G 01/19/2018 $81,500.00 WD RICE GREGORY L 11/26/2003 $110,000.00 WD DAIGLE DOUGLAS & TRACEY L 11/27/2001 $0.00 QC ZIMMERMANBL & LS- TRUST. 01/01/1999 $80,000.00 WD ZIMMERMAN BILLY L & LINDA S 04/01/1993 Building Information - 1848 sq ft 1STY (Residential) $61,000.00 WD General Floor Area 1,848 sq ft Garage Area Osqft Foundation Size 1,848 sq ft Estimated TCV Not Available Basement Area 1,848 sq ft Year Buiit 1969 Occupancy Duplex Effective Age 52 yrs Percent Complete 100% AC w/Separate Ducts No Year Remodeled No Data to Display Class CD Tri-Level No Heat Forced Air w/ Ducts Wood Stove Add-on No Basement Rooms 0 1st Floor Rooms 9} 2nd Floor Rooms 0 Bedrooms [4] Water Not Available Sewer Not Available Style 1STY Area Detail - Basic Building Area Height Foundation Exterior 1 Story Basement Siding Basement Finish Recreation 0sqft Grantee DOWRICK TODD DAMEROW THOMAS G RICE GREGORY L ZIMMERMAN BILLY L & LINDA S DAIGLE DOUGLAS & TRACEY L ZIMMERMANBL &L. S- TRUST Terms of Sale Liber/Page 21-NOT USED/OTHER 2024 010432 03-ARM'S LENGTH 2018 002842 03-ARM'S LENGTH L3081-P737 21-NOT USED/OTHER L2961-P868 33-TOBE DETERMINED 03-ARM'S LENGTH L3081-P736 Area Heated 924 sq ft 1Story
Page 12
Living Area Walk Out Doors Recreation % Good Living Area % Good No Concrete Floor Area Plumbing Information 3 Fixture Bath Ceramic Tile Floor Ceramic Tub Alcove Extra Sink Ceramic Tile Wainscoat Built-In Information Dishwasher Unvented Hood Standard Range Garbage Disposal Oven Porch Information CCP (1 Story) Foundation 63 sqft Standard