NOT LISTED FOR SALE

1008 W Grand River Ave East Lansing, MI 48823

Estimated Value: $293,000 - $317,000

4 Beds
2 Baths
1,540 Sq Ft
$200/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $235,000 $153 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,191/month

Highlights

  • Deck
  • Ranch Style House
  • Forced Air Heating System
  • Glencairn School Rated A
  • Living Room
  • Dining Room

About This Home

As of May 2022

Class IV rental licenses with City of East Lansing. Investment Opportunity - Buy all 4 homes including 17 licenses for $1,090.000 or purchase them separately. 1008 W. Grand River @ $235,000 ($58,750 per license), 906 Michigan @ $290,000 ($72,500 per license), 1536 Snyder @ $220,000 ($55,000 per license) and 1063 Marigold @ 350,000 ($70,000 per license).
4 homes with 17 licenses in prime locations near MSU. All properties are licensed & leased through August 2023. Seller is related to listing agents.

Last Agent to Sell the Property

The Miller Group

Berkshire Hathaway HomeServices Listed on: 03/07/2022

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,451

Year Built

  • Built in 1978

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 44x108

Parking

  • Parking Pad

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Bedroom in Basement
  • Laundry in Basement
  • Basement Window Egress

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Cable TV Available

Community Details

  • Chesterfield Hills Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,451

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Investment
  • Tax Year: 2021
  • Levels: One
  • Year Built: 1978
  • Lot Size Acres: 0.1
  • Lot Size: 44x108
  • Subdivision Name: Chesterfield Hills
  • Above Grade Finished Sq Ft: 1040.0
  • Architectural Style: Ranch
  • Living Area: 1540.0
  • General Property Info:Lot Size Dimensions: 44x108
  • General Property Info:Above Grade Finished Area: 1040.0
  • General Property Info:Total Livable Area: 1540.0
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Full Baths B: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Laundry Features:In Basement: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Water Connected: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Cooling:None8: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Sewer Connected: Yes
  • Utilities:Cable Connected: Yes
  • General Property Info:Building Area Total SqFt: 2000.0
  • Special Features: VirtualTour

Interior Features

  • Basement: Egress Windows, Partially Finished
  • Heating: Forced Air
  • Total Bedrooms: 4
  • Room: 8
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Basement
  • Other Level: Basement
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 500.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Basement:Partially Finished: Yes
  • Basement:Egress Windows: Yes

Exterior Features

  • Roof: Shingle
  • RoadFrontageType: City Street
  • Patio And Porch Features: Deck
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Deck: Yes

Garage/Parking

  • Parking Features: Parking Pad
  • Attached Garage: No
  • Parking Features:Parking Pad: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Washer, Refrigerator, Range, Oven, Dryer, Dishwasher
  • Cooling: None
  • LaundryFeatures: In Basement
  • Utilities: Water Connected, Sewer Connected, Electricity Connected, Cable Connected
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5451.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
May 18, 2022
Sold by
Miller and Cheryl
Bought by
Day Wendy J and Day Allison E
Seller's Agent
The Miller Group
Berkshire Hathaway HomeServices
Buyer's Agent
Non Member
Non Member Office
List Price
$235,000
Sold Price
$235,000
Current Estimated Value
$307,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,397
Avg. Annual Appreciation
7.12%
Original Mortgage
$223,250
Outstanding Balance
$212,125
Interest Rate
5.11%
Mortgage Type
Balloon
Estimated Equity
$84,213

Purchase Details

Closed on
Jul 18, 2005
Sold by
Miller Kevin and Miller Cheryl
Bought by
Ck Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 30, 2005
Sold by
Wells Goodsir Investment Properties Inc
Bought by
Miller Kevin and Miller Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 1, 1995

Purchase Details

Closed on
Sep 1, 1986
Source: Public Records

Range of Values:

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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
Day Wendy J $235,000 None Listed On Document
Ck Holdings Llc -- --
Miller Kevin $175,000 Metropolitan Title Company
-- $70,000 --
-- $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Wendy J $223,250
Previous Owner Miller Kevin $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Sold $235,000 0.0% $153 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $235,000 -- $153 / 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 $6,727 $128,300 $25,000 $103,300
2024 $56 $123,000 $23,800 $99,200
2023 $6,289 $112,200 $22,500 $89,700
2022 $5,567 $99,300 $22,500 $76,800
2021 $5,451 $96,600 $22,500 $74,100
2020 $5,388 $96,600 $22,500 $74,100
2019 $5,196 $76,600 $22,500 $54,100
2018 $5,530 $74,400 $22,500 $51,900
2017 $5,335 $73,500 $22,500 $51,000
2016 -- $73,500 $26,500 $47,000
2015 -- $68,000 $53,000 $15,000
2014 -- $68,000 $52,300 $15,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 263137

Greater Lansing Association of Realtors®

APN: 20-01-13-106-011