NOT LISTED FOR SALE

1541 Ann St East Lansing, MI 48823

Estimated Value: $214,000 - $236,564

3 Beds
1 Bath
912 Sq Ft
$248/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $188,000 $206 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,616/month

32 Days on Market

Highlights

  • Ranch Style House
  • Bamboo Flooring
  • Neighborhood Views
  • Marble Elementary School Rated A-
  • Bonus Room
  • Detached Garage

About This Home

As of November 2021

Licensed for 4 Unrelated or a Family, City of East Lansing Class IV license. Great Opportunity to purchase an Investment Property near MSU! Much better condition than most rentals. Updated progressively over the years, updates in 2008/2009 included new furnace, water heater, kitchen cabinets, appliances, Bamboo floors (living room/kitchen/laundry), Bathtub/shower/sink/vanity, all lighting, asphalt drive & patio slab. Roof and windows were updated in 2007. In 2019 new additional insulation to help keep energy costs down, a new Dishwasher, Brick Paver front walkway and low maintenance landscaping in the front yard in 2020. The 1 car detached garage includes a 9'X19' ''bonus room'' with electric heat. The large back yard is fully fenced and there is ample parking in the extra wide driveway. Great Opportunity to purchase an Investment Property near MSU! City of East Lansing Class IV license, Licensed for 4 Unrelated or a Family. Much better condition than most rentals. Updated progressively over the years, updates in 2008/2009 included new furnace, water heater, kitchen cabinets, appliances, Bamboo floors (living room/kitchen/laundry), Bathtub/shower/sink/vanity, all lighting, asphalt drive & patio slab. Roof and windows were updated in 2007. In 2019 new additional insulation to help keep energy costs down, a new Dishwasher, Brick Paver front walkway and low maintenance landscaping in the front yard in 2020. The 1 car detached garage includes a 9'X19' "bonus room" with electric heat(city will not allow to be used as bedroom). The large back yard is fully fenced and there is ample parking in the extra wide driveway. This is a great opportunity for an investor or MSU parent to purchase a well-maintained home on a quiet street walking distance to MSU.
No current leases in place.

Last Agent to Sell the Property

Janice Ruhala

Coldwell Banker Professionals -Okemos License #6501206393 Listed on: 09/09/2021

Coldwell Banker Professionals -Okemos

Last Buyer's Agent

Kalyn HoughBlack

RE/MAX Real Estate Professionals License #6506048625

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 81x153
  • South Facing Home
  • Fenced

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 912 Sq Ft Home
  • Living Room
  • Dining Room
  • Bonus Room
  • Neighborhood Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Disposal

Flooring

  • Bamboo
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Washer and Dryer

Parking

  • Detached Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater
  • Cable TV Available

Community Details

  • Homestead Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1951 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Property Conditions Updated Remodeled: Yes
  • Current Use: Investment
  • Tax Year: 2020
  • Levels: One
  • Year Built: 1951
  • Lot Size Acres: 0.28
  • Lot Size: 81x153
  • Subdivision Name: Homestead
  • Above Grade Finished Sq Ft: 912.0
  • Architectural Style: Ranch
  • Living Area: 912.0
  • New Construction: No
  • General Property Info:Lot Size Dimensions: 81x153
  • General Property Info:Above Grade Finished Area: 912.0
  • General Property Info:Total Livable Area: 912.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • View:Neighborhood: Yes
  • Cooling:Window Unit(s): Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced: Yes
  • Rooms:Bonus Room: Yes
  • Flooring:Bamboo: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 912.0
  • General Property Info:Front Door: South
  • Special Features: None

Interior Features

  • Basement: None
  • Heating: Forced Air, Natural Gas
  • Flooring: Bamboo, Carpet, Varies
  • Total Bedrooms: 3
  • Room: 5
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Bonus Room Level: First
  • Full Bathrooms: 1
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Appliances:WasherDryer: Yes
  • Laundry Features:In Kitchen: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • RoadFrontageType: City Street
  • RoadSurfaceType: Concrete
  • View: Neighborhood
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: South
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Detached, Driveway, Garage
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Garage2: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Concrete6: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Microwave, Washer/Dryer, Water Heater, Refrigerator, Range, Oven, Dryer
  • Cooling: Window Unit(s)
  • LaundryFeatures: In Kitchen
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Water Heater: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 3701
  • Tax Annual Amount: 5648.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Nov 15, 2021
Sold by
Horvath Kurt
Bought by
Matta Varun and Tadikamalla Suraj
Seller's Agent
Janice Ruhala
Coldwell Banker Professionals -Okemos
Buyer's Agent
Kalyn HoughBlack
RE/MAX Real Estate Professionals
List Price
$179,900
Sold Price
$188,000
Premium/Discount to List
$8,100
4.5%
Current Estimated Value
$225,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,891
Avg. Annual Appreciation
4.85%
Original Mortgage
$182,360
Outstanding Balance
$167,078
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$58,813

Purchase Details

Listed on
Mar 8, 2019
Closed on
Jun 6, 2019
Sold by
Mackenzie James and Saur Mackenzie Deborah
Bought by
Horvath Kurt
Seller's Agent
Susan Flores
EXIT Realty Select Partners
Buyer's Agent
Janice Ruhala
Coldwell Banker Professionals -Okemos
List Price
$184,900
Sold Price
$165,000
Premium/Discount to List
-$19,900
-10.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$132,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2008
Sold by
Anthony Howard P and Anthony Gail M
Bought by
Mackenzie James and Saur Mackenzie Deborah

Purchase Details

Closed on
Mar 1, 1990

Purchase Details

Closed on
Jun 1, 1988

Purchase Details

Closed on
Feb 1, 1980
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
Matta Varun $188,000 Tri County Title Agency Llc
Horvath Kurt $165,000 Bell Title Agency Of Okemos
Mackenzie James $115,250 Tri County Title Agency Llc
-- $60,000 --
-- $53,400 --
-- $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matta Varun $182,360
Previous Owner Horvath Kurt $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $188,000 +4.5% $206 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $179,900 +9.0% $197 / Sq Ft
06/07/2019 06/07/19 Sold $165,000 -10.8% $181 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $184,900 -- $203 / 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 $5,013 $100,400 $28,900 $71,500
2024 $42 $96,200 $28,900 $67,300
2023 $4,503 $87,700 $24,800 $62,900
2022 $4,315 $77,700 $21,400 $56,300
2021 $5,636 $75,600 $20,400 $55,200
2020 $5,649 $75,600 $20,400 $55,200
2019 $5,196 $76,600 $22,000 $54,600
2018 $5,530 $74,400 $16,000 $58,400
2017 $5,335 $73,500 $16,200 $57,300
2016 -- $73,500 $15,600 $57,900
2015 -- $68,000 $28,706 $39,294
2014 -- $68,000 $28,706 $39,294
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 259458

Greater Lansing Association of Realtors®

APN: 20-02-17-116-010