NOT LISTED FOR SALE

1416 Somerset Close St Unit 27 East Lansing, MI 48823

Estimated Value: $267,000 - $286,000

3 Beds
2.5 Baths
1,808 Sq Ft
$153/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $171,500 $95 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,931/month

151 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Gas Fireplace
  • Green Elementary School Rated A-
  • Laundry Facilities
  • 5-minute walk to Gordon Guyer Park

About This Home

As of May 2020

WELCOME TO 1416 SOMERSET CLOSE AT CHARTWELL CONDOMINIUMS! THIS 3 BEDROOM, 2.5 BATH HOME HAS A LARGE TILED FOYER AND OPEN FLOOR PLAN WITH BEAUTIFUL HARDWOODS! LIVING ROOM HAS A FIREPLACE AND SLIDER WITH SMALL PATIO TO PRIVATE BACKYARD AREA. FIRST FLOOR MASTER BEDROOM WITH FULL SIZE BATH AND WALK-IN CLOSET. FULL BASEMENT, PARTIALLY FINISHED WITH SPACIOUS FAMILY ROOM AND BUILT-IN-BOOKSHELVES. ALL APPLIANCES ARE INCLUDED! GREAT LOCATION FOR SCHOOLS, SHORT DRIVING DISTANCE TO MSU, PARKS, SHOPPING AND MORE! GREAT HOME READY TO MOVE IN!

Last Listed By

Jolanta Urbaniak

Jolanta Dziadowicz Urbaniak License #6504414735 Listed on: 12/07/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1974

HOA Fees

  • $391 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,808 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Lower Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 33200112320027

Community Details

Overview

  • Capitol Area Management Services Association, Phone Number (517) 339-3040
  • Chartwell Condos Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,445

Year Built

Built in 1974

Lot Details

0

HOA Fees

$391 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Free Standing/Detached
  • Architecture Level: 2 Story
  • Year Built: 1974
  • State Equalized Value: 78200.0000
  • Entry Location: Lower Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 2446
  • Sq Ft Lower Floor: 638
  • Total Sq Ft: 1808
  • Sq Ft Total Bsmt: 1192

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal
  • Association Fee Frequency: Monthly
  • Phone: (517) 339-3040
  • Association Fee: 391
  • Association Contact: Capitol Area Management Services
  • Association Fee: Yes

Schools

  • School District: East Lansing

Lot Info

  • Homestead: Yes
  • Parcel Number: 33200112320027

Tax Info

  • Tax Amount Summer: 2936.0000
  • Tax Amount Winter: 509.0000
  • Total Tax: 3445.0000
  • Taxable Value: 62572.0000

MLS Schools

  • School District: East Lansing

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2022
Sold by
Bertoia Natalie
Bought by
Frank Arthur and Frank Janet
Total Days on Market
151
Current Estimated Value
$277,028

Purchase Details

Listed on
Dec 7, 2019
Closed on
May 8, 2020
Sold by
Urbaniak Gabriela and Urbaniak Darek
Bought by
Bertoia Natalie
Seller's Agent
Jolanta Urbaniak
Jolanta Dziadowicz Urbaniak
Buyer's Agent
Michael Perna
Keller Williams Advantage
List Price
$184,000
Sold Price
$171,500
Premium/Discount to List
-$12,500
-6.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$168,393
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 2011
Sold by
Peterson Peter T
Bought by
Urbaniak Gabriela and Urbaniak Darek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 3, 2011
Sold by
Peterson Peter T
Bought by
Peterson Peter T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 1, 1986

Purchase Details

Closed on
Jul 1, 1981

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
Frank Arthur $245,000 Liberty Title
Bertoia Natalie $171,500 None Available
Urbaniak Gabriela $95,000 None Available
Peterson Peter T -- None Available
-- $96,000 --
-- $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bertoia Natalie $168,393
Previous Owner Urbaniak Gabriela $64,000
Previous Owner Peterson Barbara $93,406
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $171,500 -6.8% $95 / Sq Ft
12/07/2019 12/07/19 For Sale $184,000 -- $102 / Sq Ft
Source: Realcomp

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 $46 $101,300 $0 $101,300
2023 $6,883 $93,800 $0 $93,800
2022 $4,847 $87,500 $0 $87,500
2021 $4,764 $84,500 $0 $84,500
2020 $3,605 $77,400 $0 $77,400
2019 $3,457 $78,200 $0 $78,200
2018 $3,780 $72,100 $0 $72,100
2017 $3,629 $71,800 $0 $71,800
2016 -- $68,100 $0 $68,100
2015 -- $62,700 $0 $0
2014 -- $58,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219116743

Realcomp

APN: 20-01-12-320-027