NOT LISTED FOR SALE

1016 Gainsborough Dr East Lansing, MI 48823

Estimated Value: $290,116 - $335,000

4 Beds
1.5 Baths
1,632 Sq Ft
$193/Sq Ft Est. Value

Last Sold July 26, 2013

Last sale price $138,000 $85 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $2,118/month

6 Days on Market

Highlights

  • Deck
  • 2 Fireplaces
  • Formal Dining Room
  • Green Elementary School Rated A-
  • Covered patio or porch
  • 2 Car Attached Garage

About This Home

As of July 2013

*******Welcome to 1016 Gainsborough*******Located just minutes North of the Michigan State campus in East Lansing's desirable Pinecrest neighborhood you will find this wonderful home offering four bedrooms, a large living room with a fireplace and oak hardwood flooring, wonderfully updated kitchen with cherry cabinetry and all appliances included, formal dining room with a sliding glass door to the large deck overlooking the private backyard and an attached two-car garage. Upstairs offers four bedrooms and a full bath. Numerous improvements including newer windows. You won't find a better value in today's market - be sure to check out this terrific home today. Note that the taxes are currently non-homestead and the estimate taxes for 2013 at $3850 are based on the homestead rate.

Last Agent to Sell the Property

Martha Bashore

Coldwell Banker Realty -Stadium License #6506038564 Listed on: 06/28/2013

Last Buyer's Agent

Julie Stevenson

Coldwell Banker Professionals -Okemos License #6506045400

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 100 x 168

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,632 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

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

Community Details

  • Pine Crest Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 13
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1962
  • Lot Size Acres: 0.39
  • Lot Size: 100 X 168
  • Subdivision Name: Pine Crest
  • Above Grade Finished Sq Ft: 1632.0
  • Living Area: 1632.0
  • General Property Info:Lot Size Dimensions: 100 X 168
  • General Property Info:Above Grade Finished Area: 1632.0
  • General Property Info:Total Livable Area: 1632.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Levels:Two2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Improvements:Formal Dining Room: Yes
  • Exterior:Brick: Yes
  • Cooling:Exhaust Fan: Yes
  • General Property Info:Building Area Total SqFt: 1632.0
  • Fireplace Features:Gas5: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, Pantry
  • Total Bedrooms: 4
  • Room: 7
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Other Level: Second
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Entrance Foyer: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Attached, Garage Door Opener
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Microwave, Washer, Refrigerator, Range, Oven, Dryer, Dishwasher
  • 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

Lot Info

  • Lot Size Sq Ft: 16988.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3850.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2013
Closed on
Jul 23, 2013
Sold by
Smith Mark C and Smith Darlene A
Bought by
Rigdon Jason
Seller's Agent
Martha Bashore
Coldwell Banker Realty -Stadium
Buyer's Agent
Julie Stevenson
Coldwell Banker Professionals -Okemos
List Price
$139,900
Sold Price
$138,000
Premium/Discount to List
-$1,900
-1.36%
Current Estimated Value
$314,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,279
Avg. Annual Appreciation
6.95%
Original Mortgage
$110,400
Outstanding Balance
$83,665
Interest Rate
4.49%
Mortgage Type
New Conventional
Estimated Equity
$225,205

Purchase Details

Closed on
Nov 21, 2005
Sold by
Anthony Denise
Bought by
Smith Mark C and Smith Darlene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 1, 1988

Purchase Details

Closed on
Jun 1, 1983
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
Rigdon Jason $138,000 Bell Title Company
Smith Mark C $171,250 Tnt
-- $89,900 --
-- $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rigdon Jason $110,400
Previous Owner Smith Mark C $137,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2013 07/26/13 Sold $138,000 -1.4% $85 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
06/04/2013 06/04/13 For Sale $139,900 -- $86 / 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 $4,521 $119,300 $36,300 $83,000
2023 $4,521 $111,800 $35,800 $76,000
2022 $4,332 $101,900 $31,500 $70,400
2021 $4,258 $96,400 $30,100 $66,300
2020 $4,211 $90,300 $30,100 $60,200
2019 $4,039 $87,000 $32,600 $54,400
2018 $4,416 $82,600 $28,500 $54,100
2017 $4,239 $82,500 $28,800 $53,700
2016 -- $78,800 $28,800 $50,000
2015 -- $74,400 $53,677 $20,723
2014 -- $68,000 $49,843 $18,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 48575

Greater Lansing Association of Realtors®

APN: 20-01-12-110-007