NOT LISTED FOR SALE

1423 Smithfield Ave East Lansing, MI 48823

Estimated Value: $291,779 - $415,000

6 Beds
2 Baths
2,438 Sq Ft
$135/Sq Ft Est. Value

Last Sold September 05, 2017

Last sale price $249,900 $103 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,853/month

185 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating System
  • High Speed Internet
  • MacDonald Middle School Rated A-

About This Home

As of September 2017

Three bedroom, 1.5 bath duplex in East Lansing! Convenient location close to shopping, restaurants, schools and Patriarch Park. Both sides are currently leased. Licensed for 3 unrelated or a family. Both have central air, B-dry system installed in 2015, roof & gutters and landscaping in 2013 and new windows in 2009. Nice decks. Unit 1423 has a spacious kitchen with appliances and dining area with slider to deck. Direct garage access. New carpet and updated bath in 2014. Unit 1425 has a larger kitchen with in-direct access to garage. New carpet in 2013, updated bath and kitchen appliances in 2012.

Last Agent to Sell the Property

Steve Osmar

RE/MAX Real Estate Professionals, Inc. West Listed on: 03/07/2017

Last Buyer's Agent

Raeanne Mardigian

RE/MAX Real Estate Professionals License #6501365083

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,450

Year Built

  • Built in 1973

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100.34x130

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,438 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Private Parking
  • Garage Door Opener

Outdoor Features

  • Covered patio or porch

Utilities

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

Listing and Financial Details

  • Total Actual Rent $28,620

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,383
  • Maintenance Expense $1,200
  • New Taxes Expense $4,435

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,450

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Gross Rent: 28620.0
  • Misc Business Info Construction Type: Wood Frame
  • Misc Business Info Parking Surface: Concrete
  • Tax Year: 2016
  • Total Dishwashers: 1
  • Total Disposals: 1
  • Total Ovens: 1
  • Total Ranges: 1
  • Total Refrigerators: 1
  • Levels: Two
  • Year Built: 1973
  • Lot Size Acres: 0.3
  • Lot Size: 100.34x130
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2438.0
  • General Property Info:Lot Size Dimensions: 100.34x130
  • General Property Info:Above Grade Finished Area: 2438.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Tax Info:Taxes2: 4450.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Insurance4: 1383.0
  • Annual Inc Expense:Tax Expense2: 4435.0
  • Annual Inc Expense:Maintenance3: 1200.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Covered
  • Construction Type: Rough Sawn
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Garage Door Opener, Private
  • Attached Garage: No
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Private6: Yes
  • Misc Business Info:_pound_ Parking: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available, Cable Available
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2018
Sold by
Elsadig Hagelagib
Bought by
Page Chad and Page Leslie
Total Days on Market
185
Current Estimated Value
$329,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Outstanding Balance
$45,592
Interest Rate
4.66%
Estimated Equity
$285,489

Purchase Details

Listed on
Mar 7, 2017
Closed on
Sep 5, 2017
Sold by
Padden Jeffry D and Padden Kathleen
Bought by
Page Chad and Page Leslie
Seller's Agent
Steve Osmar
RE/MAX Real Estate Professionals, Inc. West
Buyer's Agent
Raeanne Mardigian
RE/MAX Real Estate Professionals
List Price
$259,900
Sold Price
$249,900
Premium/Discount to List
-$10,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%
Original Mortgage
$212,415
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2011
Sold by
Baar Rita K
Bought by
Padden Jeffrey D and Padden Kathleen

Purchase Details

Closed on
Mar 1, 1996
Source: Public Records

Range of Values:

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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
Page Chad $65,000 --
Page Chad $250,000 Midstate Title Agency Llc
Padden Jeffrey D $150,000 Transnation Title Agency
-- $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Page Chad $19,987
Open Page Chad $52,000
Closed Page Chad --
Previous Owner Page Chad $212,415
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2017 09/05/17 Sold $249,900 0.0% $103 / Sq Ft
07/31/2017 07/31/17 Off Market $249,900 -- --
03/04/2017 03/04/17 For Sale $259,900 -- $107 / 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 $46 $116,600 $40,400 $76,200
2023 $4,934 $105,000 $35,700 $69,300
2022 $4,720 $91,600 $32,200 $59,400
2021 $4,059 $89,300 $28,600 $60,700
2020 $4,012 $89,300 $29,300 $60,000
2019 $3,861 $60,000 $33,200 $26,800
2018 $4,257 $60,000 $31,800 $28,200
2017 $4,595 $60,000 $35,900 $24,100
2016 -- $62,500 $35,700 $26,800
2015 -- $59,500 $0 $0
2014 -- $56,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Steve Osmar

    RE/MAX Michigan

  • Raeanne Mardigian

    Buyer's Agent in 2017

    Raeanne Mardigian

    RE/MAX Michigan

    (517) 230-9209

    11 in this area

    334 Total Sales

    Raeanne Mardigian
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 213635

Greater Lansing Association of Realtors®

APN: 20-02-08-175-003

Michigan Ingham County East Lansing 48823

1423 Smithfield Ave, East Lansing, MI

This home is located at 1423 Smithfield Ave, East Lansing, MI 48823 since 07 March 2017 and is currently estimated at $329,445, approximately $135 per square foot. This property was built in 1973. 1423 Smithfield Ave is a home located in Ingham County with nearby schools including Donley Elementary School, MacDonald Middle School, and East Lansing High School.

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