NOT LISTED FOR SALE

124 University Dr East Lansing, MI 48823

Estimated Value: $364,686 - $436,000

4 Beds
2 Baths
2,406 Sq Ft
$162/Sq Ft Est. Value

Last Sold October 21, 2014

Last sale price $187,625 $78 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,594/month

Highlights

  • Deck
  • 1 Fireplace
  • Cooling Available
  • Glencairn School Rated A
  • Screened Porch
  • Living Room

About This Home

As of October 2014

Welcome home to your spacious all brick stately two story home located in East Lansing's popular Historical Chesterfield Hills Subdivision. Nestled among mature tree lined streets in walking distance to MSU and Downtown East Lansing and situated on two city lots. Enter thru the covered porch to the beautiful natural wood work foyer with beautiful staircase to the 2nd floor. Off the foyer is the spacious living room with large windows, hard wood floors and a gas fireplace that leads into the formal dining area which also features hard wood floors. 10.7 x 8.5 area off the dining room and would make a great den or office and has some built in shelving. Across the back of the home is a large 3 season room over looking the large backyard. Kitchen is updated and very spacious with plenty of cup oards, counter area, and eat in area and French doors lead to the 3 season room. 1st floor also includes a full bath. Upstairs are 4 bedrooms with full bath. The bedrooms are large with nice size windows in all and hard wood floors. There is a 10.7x8.5 sitting area off one of the bedrooms. Lower level has 1230 square feet of usable space. There is a large family room area, cellar area for can goods, large laundry area, and area for storage. Door leads out of basement to the back yard. One of the great features of this home is the large yard! Plenty of area for the kids to play! The home is finished off with a large 2 car garage and storage shed.

Last Agent to Sell the Property

Amy Williams

Keller Williams Realty Lansing License #6506045320 Listed on: 07/15/2014

Keller Williams Realty Lansing

Last Buyer's Agent

James Fordell

Musselman Realty Company License #6501287269

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 100x142
  • Fenced

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,406 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Screened Porch

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 14
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1920
  • Lot Size Acres: 0.33
  • Lot Size: 100X142
  • Above Grade Finished Sq Ft: 2406.0
  • Living Area: 2406.0
  • General Property Info:Lot Size Dimensions: 100X142
  • General Property Info:Above Grade Finished Area: 2406.0
  • General Property Info:Total Livable Area: 2406.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Levels:Two2: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Other Structures:Shed(s): Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Brick: Yes
  • Cooling:Exhaust Fan: Yes
  • Fencing:Fenced: Yes
  • General Property Info:Building Area Total SqFt: 3636.0
  • Special Features: None

Interior Features

  • Basement: Exterior Entry, Full, Partially Finished
  • Heating: Hot Water, Natural Gas
  • Total Bedrooms: 4
  • Room: 9
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Other Level: Second
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Basement:Exterior Entry: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Fencing: Fenced
  • OtherStructures: Shed(s)
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Screened
  • Home Warranty: No
  • Construction Type: Brick
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Screened: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes
  • Patio Porch Features:Patio: Yes

Garage/Parking

  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater, Washer, Refrigerator, Range, Oven, Dryer, Dishwasher
  • Cooling: Exhaust Fan
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 14374.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5273.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2014
Closed on
Oct 21, 2014
Sold by
Neu Peter M and Neu Carisa M
Bought by
Halbisen Michael and Ralston Amy
Seller's Agent
Amy Williams
Keller Williams Realty Lansing
Buyer's Agent
James Fordell
Musselman Realty Company
List Price
$219,900
Sold Price
$187,625
Premium/Discount to List
-$32,275
-14.68%
Current Estimated Value
$390,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,047
Avg. Annual Appreciation
6.82%
Original Mortgage
$142,625
Outstanding Balance
$111,330
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$274,955

Purchase Details

Closed on
Dec 14, 2010
Sold by
Arend Lewis W and Arend Lee J
Bought by
Neu Peter M and Neu Carisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,320
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2008
Sold by
Arend Viola M and Arend John L
Bought by
Arend Viola M and Viola M Arend Trust
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
Halbisen Michael $187,625 None Available
Neu Peter M $157,900 Trans
Arend Viola M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halbisen Michael $142,625
Previous Owner Neu Peter M $126,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2014 10/21/14 Sold $187,625 -14.7% $78 / Sq Ft
09/11/2014 09/11/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $219,900 -- $91 / 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 $6,258 $147,400 $45,000 $102,400
2024 $5,845 $136,100 $43,300 $92,800
2023 $5,845 $126,200 $42,000 $84,200
2022 $5,600 $114,100 $36,500 $77,600
2021 $5,504 $107,800 $33,900 $73,900
2020 $5,443 $100,600 $31,400 $69,200
2019 $5,221 $96,700 $31,200 $65,500
2018 $5,708 $98,800 $31,800 $67,000
2017 $5,480 $96,200 $30,200 $66,000
2016 -- $94,900 $30,800 $64,100
2015 -- $89,300 $58,742 $30,558
2014 -- $82,500 $57,926 $24,574
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 61359

Greater Lansing Association of Realtors®

APN: 20-01-13-125-034