NOT LISTED FOR SALE

1405 Somerset Close St Unit 17 East Lansing, MI 48823

Estimated Value: $241,000 - $258,000

2 Beds
2.5 Baths
2,118 Sq Ft
$331/mo HOA Fee

Last Sold September 18, 2017

Last sale price $137,400 $65 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,023/month

61 Days on Market

Highlights

  • 1 Fireplace
  • Covered patio or porch
  • 2 Car Attached Garage
  • Green Elementary School Rated A-
  • Formal Dining Room
  • 4-minute walk to Gordon Guyer Park

About This Home

As of September 2017

*******Welcome to 1405 Somerset Close*******You will love the convenience to Michigan State University, downtown East Lansing and downtown Lansing, major shopping and the freeway that this standalone condominium offers. The location is just ideal. Step inside to the welcoming front entry foyer which opens to a large eat-in kitchen with appliances included, formal dining room and spacious living room with a fireplace. Upstairs you will find two generous bedrooms and two full bathrooms including a private master suite. The partially finished lower level features an office with built-in shelving, laundry area and family/recreation room. Additional features include an attached 2-car garage, half bathroom and patio area for outdoor entertaining. Call today for a personal tour!

Last Listed By

HBB Realtors

Coldwell Banker Realty -Stadium License #6506038563 Listed on: 06/12/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,979

Year Built

  • Built in 1974

Lot Details

  • Property fronts a private road
  • South Facing Home

HOA Fees

  • $331 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Covered patio or porch

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Association fees include snow removal, liability insurance, lawn care, fire insurance, exterior maintenance
  • Chartwell Association

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,979

Year Built

Built in 1974

Lot Details

0

HOA Fees

$331 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 16
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1974
  • Lot Size: Condo
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1468.0
  • Living Area: 2118.0
  • General Property Info:Lot Size Dimensions: Condo
  • General Property Info:Above Grade Finished Area: 1468.0
  • General Property Info:Total Livable Area: 2118.0
  • Baths:_pound_Full Baths 2: 2
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Levels:Two2: Yes
  • Location Legal Info:Real Estate Owned: No
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • Improvements:Formal Dining Room: Yes
  • Exterior:Wood Siding: Yes
  • Road Frontage Type:Private Road: Yes
  • General Property Info:Building Area Total SqFt: 2312.0
  • General Property Info:Front Door: South
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, High Speed Internet, Laminate Counters, Primary Bathroom, Stove Hookup - Electric
  • Total Bedrooms: 2
  • Room: 8
  • Property Type: Residential
  • Other Level: Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 650.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Community Features:Sidewalks: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Basement:Partially Finished: Yes
  • Appliances:Humidifier: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Roof: Shingle
  • RoadFrontageType: Private Road
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Patio, Porch
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Direction Faces: South
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes
  • Patio Porch Features:Patio: 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, Humidifier, Electric Oven, Dryer, Dishwasher
  • Cooling: Central Air
  • LaundryFeatures: Electric Dryer Hookup
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 331.0
  • Association Fee Frequency: Monthly
  • Association Name: Chartwell
  • Community Features: Sidewalks
  • Association: Yes

Association/Amenities

  • Location Legal Info:Association Fee: 331.0
  • Location Legal Info:Association Name: Chartwell
  • Location Legal Info:Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Snow Removal, Liability Insurance, Lawn Care, Fire Insurance, Exterior Maintenance

Schools

  • Junior High Dist: East Lansing

Tax Info

  • Tax Annual Amount: 2979.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2017
Closed on
Sep 16, 2017
Sold by
Tuinstra Diane and Pacer Matthew
Bought by
Frayer Lance
Seller's Agent
HBB Realtors
Coldwell Banker Realty -Stadium
Buyer's Agent
Katherine Keener
Berkshire Hathaway HomeServices
List Price
$144,900
Sold Price
$137,400
Premium/Discount to List
-$7,500
-5.18%
Total Days on Market
61
Current Estimated Value
$247,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,983
Avg. Annual Appreciation
7.71%
Original Mortgage
$123,660
Outstanding Balance
$72,055
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$170,293

Purchase Details

Closed on
Jun 29, 2016
Sold by
Messina Joseph P and Messina Stacey
Bought by
Tuinstra Diane and Pacer Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2011
Sold by
Messina Joseph P and Messina Stacey
Bought by
Tuinstra Diane and Pacer Matthew

Purchase Details

Closed on
Mar 28, 2003
Sold by
Erickson Megan L and Erickson Ronald G
Bought by
Messina Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,600
Interest Rate
6.02%

Purchase Details

Closed on
Jul 16, 1998
Sold by
Emerick Jamie E
Bought by
Erickson Megan L

Purchase Details

Closed on
Dec 1, 1993

Purchase Details

Closed on
Mar 1, 1991

Purchase Details

Closed on
Nov 1, 1979

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
Frayer Lance $137,400 None Available
Tuinstra Diane $115,000 None Available
Tuinstra Diane -- None Available
Messina Joseph P $154,000 Transnation Title
Erickson Megan L $115,000 --
-- $87,500 --
-- $117,000 --
-- $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frayer Lance $123,660
Previous Owner Tuinstra Diane $92,700
Previous Owner Messina Joseph P $138,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2017 09/18/17 Sold $137,400 -1.8% $65 / Sq Ft
08/12/2017 08/12/17 Pending -- -- --
07/21/2017 07/21/17 Price Changed $139,900 -3.5% $66 / Sq Ft
06/12/2017 06/12/17 For Sale $144,900 -- $68 / 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 $3,837 $82,700 $0 $82,700
2023 $3,837 $76,500 $0 $76,500
2022 $3,676 $71,300 $0 $71,300
2021 $3,613 $68,900 $0 $68,900
2020 $3,573 $63,200 $0 $63,200
2019 $3,480 $63,700 $0 $63,700
2018 $3,805 $61,500 $0 $61,500
2017 $3,097 $61,200 $0 $61,200
2016 -- $58,000 $0 $58,000
2015 -- $53,400 $0 $0
2014 -- $50,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 216901

Greater Lansing Association of Realtors®

APN: 20-01-12-320-017