Seller's Agent in 2025
Morgan Meredith
Keller Williams Realty Lansing
(517) 505-1422
2 in this area
302 Total Sales
1015 Marigold Ave East Lansing, MI 48823
Downtown East Lansing Neighborhood
4
Beds
1
Bath
1,277
Sq Ft
0.25
Acres
Highlights
- Wood Flooring
- Main Floor Primary Bedroom
- Woodwork
- Glencairn School Rated A
- 1 Car Detached Garage
- Living Room
About This Home
As of February 2025Discover a rare gem and great investment opportunity just blocks from the Breslin Center, Spartan Stadium and Michigan State University. This charming 4-bedroom, 1-bathroom home is licensed for up to 4 unrelated tenants, making it a perfect choice for students or professionals seeking proximity to campus.
Priced at $2,800 a month and yielding $33,000 annually, this residence offers not only convenience but also a spacious lot, providing ample outdoor space. Recent updates ensure modern comfort and efficiency, including newer siding, windows, and a new drain and septic line. The furnace was also replaced in 2020, ensuring reliable warmth during the colder months. This well-maintained property is a rare find in a prime location! Property rented through August 2026.
Last Agent to Sell the Property
Keller Williams Realty Lansing License #6501422310 Listed on: 09/13/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,467
Year Built
- Built in 1926
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 66x165
- Few Trees
- Back and Front Yard
Parking
- 1 Car Detached Garage
- Driveway
Home Design
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,277 Sq Ft Home
- 2-Story Property
- Woodwork
- Wood Burning Fireplace
- Living Room
- Dining Room
- Wood Flooring
- Fire and Smoke Detector
- Dryer
Kitchen
- Oven
- Range
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Water Heater
- No Internet Available
Additional Features
- Rain Gutters
- City Lot
Community Details
- Lilac Lawn Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2024
Closed on
Feb 13, 2025
Sold by
Stefanovski Stefan Z and Stefanovski Kimberly S
Bought by
Uwaje Collins and Uwaje Wendy
Seller's Agent
Morgan Meredith
Keller Williams Realty Lansing
List Price
$320,000
Sold Price
$292,000
Premium/Discount to List
-$28,000
-8.75%
Views
135
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391
Avg. Annual Appreciation
-0.92%
Original Mortgage
$233,600
Outstanding Balance
$228,828
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$61,586
Purchase Details
Closed on
Jun 29, 2011
Sold by
Hines Keith D
Bought by
Stefanovski Stefan Z and Stefanovski Kimberly S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 7, 2009
Sold by
Hines Jan S and Hines Keith D
Bought by
Hines Keith D
Purchase Details
Closed on
Feb 1, 1980
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $292,000 | Liberty Title | |
| Warranty Deed | $140,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $47,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $233,600 | New Conventional | |
| Closed | $233,600 | New Conventional | |
| Previous Owner | $146,625 | New Conventional | |
| Previous Owner | $105,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/13/2025 02/13/25 | Sold | $292,000 | -8.8% | $229 / Sq Ft |
| 02/10/2025 02/10/25 | Pending | -- | -- | -- |
| 09/13/2024 09/13/24 | For Sale | $320,000 | -- | $251 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $6,890 | $128,300 | $32,300 | $96,000 |
| 2024 | $6,466 | $123,000 | $29,900 | $93,100 |
| 2023 | $6,466 | $112,200 | $26,500 | $85,700 |
| 2022 | $6,186 | $99,300 | $23,900 | $75,400 |
| 2021 | $6,058 | $96,600 | $21,200 | $75,400 |
| 2020 | $5,987 | $96,600 | $21,700 | $74,900 |
| 2019 | $5,774 | $85,100 | $24,600 | $60,500 |
| 2018 | $6,145 | $82,600 | $23,500 | $59,100 |
| 2017 | $5,928 | $81,800 | $26,600 | $55,200 |
| 2016 | -- | $81,800 | $26,500 | $55,300 |
| 2015 | -- | $75,600 | $51,076 | $24,524 |
| 2014 | -- | $75,600 | $50,711 | $24,889 |
Source: Public Records
Agents Affiliated with this Home
-
Morgan Meredith
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 283508
APN: 20-01-24-103-009
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Copyright © 2025 Greater Lansing Association of REALTORS®
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