NOT LISTED FOR SALE

1509 Melrose Ave East Lansing, MI 48823

Estimated Value: $226,805 - $234,000

3 Beds
1 Bath
1,428 Sq Ft
$162/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $160,000 $112 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,284/month

4 Days on Market

Highlights

  • Main Floor Bedroom
  • Great Room
  • 1 Car Attached Garage
  • Marble Elementary School Rated A-
  • Covered patio or porch
  • Living Room

About This Home

As of August 2020

Great location that is walking distance to MSU and local schools. Large great room, fenced in yard and 3 bedrooms all on the first floor. The 2nd floor has the large 4th bedroom.

Last Agent to Sell the Property

Joe Mullaney

RE/MAX Finest License #6506001040 Listed on: 07/18/2020

RE/MAX Finest

Last Buyer's Agent

Kathryn Gingery

Century 21 Affiliated License #6501425256

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,473

Year Built

  • Built in 1939

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 54x144
  • South Facing Home
  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Great Room
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch

Utilities

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

Community Details

  • Grandview Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,473

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2019
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1939
  • Lot Size Acres: 0.18
  • Lot Size: 54x144
  • Subdivision Name: Grandview
  • Above Grade Finished Sq Ft: 1228.0
  • Architectural Style: Bungalow
  • Living Area: 1428.0
  • General Property Info:Lot Size Dimensions: 54x144
  • General Property Info:Above Grade Finished Area: 1228.0
  • General Property Info:Total Livable Area: 1428.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Cooling:Central Air: Yes
  • Exterior:Vinyl Siding: Yes
  • Improvements:Great Room: Yes
  • Fencing:Fenced: Yes
  • Architectural Style:Bungalow: Yes
  • General Property Info:Building Area Total SqFt: 1932.0
  • General Property Info:Front Door: South
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Laminate Counters
  • Total Bedrooms: 3
  • Room: 7
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Full Bathrooms: 1
  • Below Grade Sq Ft: 200.0
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Basement:Partially Finished: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Gas Oven: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered
  • Construction Type: Vinyl Siding
  • Direction Faces: South
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Oven, Gas Water Heater, Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Cooling: Central Air
  • 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: 7840.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 3723
  • Tax Annual Amount: 2473.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2020
Closed on
Aug 28, 2020
Sold by
Menchaca Carol A
Bought by
Hernandez Jesus Guzman
Seller's Agent
Joe Mullaney
RE/MAX Finest
Buyer's Agent
Kathryn Gingery
Century 21 Affiliated
List Price
$155,000
Sold Price
$160,000
Premium/Discount to List
$5,000
3.23%
Current Estimated Value
$233,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,900
Avg. Annual Appreciation
7.96%
Original Mortgage
$157,102
Outstanding Balance
$141,228
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$92,562

Purchase Details

Closed on
Mar 8, 1999
Sold by
Steingreaber Robert J and Steingreaber Tori
Bought by
Menchaca Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1994

Purchase Details

Closed on
May 1, 1989

Purchase Details

Closed on
May 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
Hernandez Jesus Guzman $160,000 Ata National Title Group Llc
Menchaca Carol A $100,000 Midstate Title Company
-- $69,000 --
-- $55,000 --
-- $45,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Jesus Guzman $157,102
Previous Owner Menchaca Carol A $55,001
Previous Owner Menchaca Carol A $61,489
Previous Owner Menchaca Carol A $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $160,000 +3.2% $112 / Sq Ft
07/17/2020 07/17/20 For Sale $155,000 -- $109 / 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 $31 $79,900 $16,800 $63,100
2023 $3,460 $69,400 $14,400 $55,000
2022 $3,315 $61,600 $12,500 $49,100
2021 $3,259 $57,800 $11,900 $45,900
2020 $2,579 $54,800 $11,900 $42,900
2019 $2,473 $50,200 $12,800 $37,400
2018 $2,705 $49,200 $9,300 $39,900
2017 $2,596 $49,200 $9,400 $39,800
2016 -- $47,700 $9,100 $38,600
2015 -- $44,500 $16,709 $27,791
2014 -- $42,100 $16,709 $25,391
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 247876

Greater Lansing Association of Realtors®

APN: 20-02-17-108-023