NOT LISTED FOR SALE

1538 Burcham Dr East Lansing, MI 48823

Estimated Value: $304,000 - $376,127

6 Beds
4 Baths
3,168 Sq Ft
$105/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $279,800 $88 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,087/month

Highlights

  • Views
  • Forced Air Heating System
  • Back Yard
  • Marble Elementary School Rated A-
  • Carpet

About This Home

As of June 2022

Great investment opportunity in East Lansing. Rent is $1,050 for 1538 and $1,050 for 1540. Tenants pay for all utilities. Great location. Close to MSU campus, shopping, dining and entertainment. Please use Showing Time for all requests and allow 24 hour notice so that the tenants can be notified.

Last Agent to Sell the Property

Home Seekers

Berkshire Hathaway HomeServices Listed on: 05/03/2022

Berkshire Hathaway HomeServices

Last Buyer's Agent

Home Seekers

Berkshire Hathaway HomeServices Listed on: 05/03/2022

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,538

Year Built

  • Built in 1973

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 65 x 165.50
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • 3,168 Sq Ft Home
  • Bi-Level Home
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry on main level

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Property Views

Community Details

  • 2 Units
  • Grandview Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,538

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Tax Year: 2021
  • Registered Licenses for Unrelated Occupants: CLASS IV
  • Unit Information License Register Exp: 2022-12-29
  • Levels: Multi/Split
  • Year Built: 1973
  • Lot Size Acres: 0.27
  • Lot Size: 65 x 165.50
  • Subdivision Name: Grandview
  • Above Grade Finished Sq Ft: 3168.0
  • Architectural Style: Bi-Level
  • General Property Info:Lot Size Dimensions: 65 x 165.50
  • General Property Info:Above Grade Finished Area: 3168.0
  • Laundry Features:Main Level: Yes
  • Flooring:Carpet: Yes
  • Foundation Details:Block4: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Bi-Level: Yes
  • Flooring:Vinyl2: Yes
  • Cooling:None8: Yes
  • Utilities:Cable Connected: Yes
  • Tax Info:Taxes2: 6537.9
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: 1538 duplex
  • General Property Info:_pound_ of Units: 2
  • Levels:MultiSplit: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Heating: Forced Air, Natural Gas
  • Flooring: Carpet, Vinyl
  • Property Type: Resid/Multi-Family
  • Basement:None3: Yes
  • Community Features:None24: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: None
  • Foundation Details: Block
  • Lot Features: Back Yard, Views
  • RoadFrontageType: City Street
  • Construction Type: Vinyl Siding
  • Lot Features:Back Yard2: Yes
  • Lot Features:Views: Yes
  • Exterior Features:None14: Yes

Garage/Parking

  • Parking Features: Concrete Driveway
  • Attached Garage: No
  • Parking Features:Concrete Driveway: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4
  • Parking Features:Garage Spaces2: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: Main Level
  • Utilities: Cable Connected, Cable Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association Amenities: None

Association/Amenities

  • Association Amenities:None12: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 11891.88
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 3760

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 15, 2022
Sold by
Keskcy Don L
Bought by
Garcia Ruben and Vargas Nancy
Seller's Agent
Home Seekers
Berkshire Hathaway HomeServices
Buyer's Agent
Home Seekers
Berkshire Hathaway HomeServices
List Price
$279,800
Sold Price
$279,800
Current Estimated Value
$331,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,482
Avg. Annual Appreciation
5.25%
Original Mortgage
$209,850
Outstanding Balance
$199,725
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$131,557
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
Garcia Ruben $279,800 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Ruben $209,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $279,800 0.0% $88 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $279,800 -- $88 / 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 $10,947 $161,600 $25,400 $136,200
2024 $96 $155,500 $25,400 $130,100
2023 $10,273 $140,000 $21,700 $118,300
2022 $6,186 $122,000 $18,800 $103,200
2021 $6,347 $118,800 $17,900 $100,900
2020 $5,987 $118,800 $17,900 $100,900
2019 $5,774 $85,100 $19,300 $65,800
2018 $8,052 $82,600 $14,000 $68,600
2017 $5,928 $81,800 $14,200 $67,600
2016 -- $81,800 $13,700 $68,100
2015 -- $75,600 $25,179 $50,421
2014 -- $75,600 $25,179 $50,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 264589

Greater Lansing Association of Realtors®

APN: 20-02-17-100-017