$141,500
SOLD MAR 11, 2015

1002 Albert Ave East Lansing, MI 48823

3 Beds
2 Baths
1,440 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$98 Per Sq Ft

17% Below List Price

125 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • 2 Fireplaces
  • Marble Elementary School Rated A-
  • Main Floor Primary Bedroom
  • 4-minute walk to Stoddard Park

About This Home

As of April 2022

Great value, Great opportunity in prime East Lansing location. Well maintained 3 bedroom brick cape cod with 2 full bathrooms and 1 car detached garage with partially finished basement. Home is in move-in condition and fully furnished with tables, beds, couches and all appliances included. Hardwood floors, 2 fireplaces and first level features an open floor plan and large living room/dining room combo and 2 nice size bedrooms. Master bedroom/bathroom is the entire second level and includes desks, and study/work area. Nice location to downtown and MSU/campus. Deck for all occasions and landscaped nicely. Taxes non-homestead Currently class 1 rental license on the home for 1 roomer to reside w/owner and owners family and is available for renewal. Great rental or investment property. Lots of potential. Call today to make an appointment. Easy to show anytime.

Last Agent to Sell the Property

Tricia Spain

Coldwell Banker Professionals-Delta License #6501330879 Listed on: 09/17/2014

Coldwell Banker Professionals-Delta

Last Buyer's Agent

Carol Hazel Perry

EXP Realty, LLC License #6506040840

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 52x99

Parking

  • 1 Car Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,440 Sq Ft Home
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Fire and Smoke Detector
  • Partially Finished Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 14
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1952
  • Lot Size: 52X99
  • Above Grade Finished Sq Ft: 1440.0
  • Architectural Style: Cape Cod
  • Living Area: 1440.0
  • General Property Info:Lot Size Dimensions: 52X99
  • General Property Info:Above Grade Finished Area: 1440.0
  • General Property Info:Total Livable Area: 1440.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • Architectural Style:Cape Cod: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Brick: Yes
  • Cooling:Exhaust Fan: Yes
  • General Property Info:Building Area Total SqFt: 1440.0
  • Special Features: None

Interior Features

  • Basement: Partially Finished
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 3
  • Room: 5
  • Property Type: Residential
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Patio And Porch Features: Covered, Deck
  • Home Warranty: No
  • Construction Type: Brick
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Microwave, Refrigerator, Range, Oven
  • Cooling: Central Air, Exhaust Fan
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: East Lansing

Tax Info

  • Tax Annual Amount: 5225.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2014
Closed on
Mar 11, 2015
Sold by
Wells Michael E and Wells Margaret
Bought by
Wells Ii Michael E and Wells Margaret
Seller's Agent
Tricia Spain
Coldwell Banker Professionals-Delta
Buyer's Agent
Carol Hazel Perry
EXP Realty, LLC
List Price
$169,900
Sold Price
$141,500
Premium/Discount to List
-$28,400
-16.72%
Total Days on Market
125
Current Estimated Value
$277,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,045
Avg. Annual Appreciation
6.66%
Original Mortgage
$113,200
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 17, 2014
Closed on
Mar 9, 2015
Sold by
George Rodney M and George Blake M
Bought by
Wells Ii Michael E
Seller's Agent
Tricia Spain
Coldwell Banker Professionals-Delta
Buyer's Agent
Carol Hazel Perry
EXP Realty, LLC
List Price
$169,900
Sold Price
$141,500
Premium/Discount to List
-$28,400
-16.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,200
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2006
Sold by
George Rodney and George Paulette
Bought by
George Rodney M and George Blake M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,800
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2006
Sold by
Ladd Rian
Bought by
George Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,800
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2001
Sold by
Estate Of Ragnhild Selheim
Bought by
Ladd Rian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,004
Interest Rate
7.07%
Mortgage Type
FHA
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $141,500 Tri County Title Agency Llc
Interfamily Deed Transfer -- None Available
Warranty Deed $173,687 None Available
Warranty Deed $127,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $437,700 Commercial
Closed $113,200 New Conventional
Previous Owner $123,300 New Conventional
Previous Owner $138,800 Purchase Money Mortgage
Previous Owner $25,000 Credit Line Revolving
Previous Owner $127,000 Unknown
Previous Owner $125,000 Unknown
Previous Owner $126,000 Unknown
Previous Owner $126,004 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2022 04/11/22 Sold $229,000 +11.8% $125 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $204,900 +44.8% $111 / Sq Ft
03/11/2015 03/11/15 Sold $141,500 -16.7% $98 / Sq Ft
01/20/2015 01/20/15 Pending -- -- --
09/17/2014 09/17/14 For Sale $169,900 -- $118 / 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
2024 $45 $105,100 $18,300 $86,800
2023 $5,062 $91,700 $16,100 $75,600
2022 $4,493 $86,900 $14,600 $72,300
2021 $5,839 $82,200 $12,900 $69,300
2020 $5,771 $80,200 $13,200 $67,000
2019 $5,566 $75,800 $15,000 $60,800
2018 $6,076 $79,700 $14,400 $65,300
2017 $5,861 $78,000 $16,300 $61,700
2016 -- $73,700 $16,100 $57,600
2015 -- $69,700 $31,171 $38,529
2014 -- $65,800 $30,948 $34,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 63642

Greater Lansing Association of Realtors®

APN: 20-02-18-239-018