1541 Ann St East Lansing, MI 48823
Estimated Value: $216,000 - $245,000
3
Beds
1
Bath
912
Sq Ft
$251/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Bamboo Flooring
- Neighborhood Views
- Marble Elementary School Rated A-
- Bonus Room
- Detached Garage
About This Home
As of November 2021Licensed 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
Coldwell Banker Professionals -Okemos License #6501206393 Listed on: 09/09/2021
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
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%
Total Days on Market
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,950
Avg. Annual Appreciation
5.71%
Original Mortgage
$182,360
Outstanding Balance
$168,825
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$60,125
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
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Home Values in the Area
Average Home Value in this Area
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 | |
| Previous Owner | Anthony Gail | $75,000 |
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
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 | $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
-
Janice Ruhala
Seller's Agent in 2021
Janice Ruhala
Coldwell Banker Professionals -Okemos
(517) 881-8064
19 in this area
55 Total Sales
-
Kalyn HoughBlack
Buyer's Agent in 2021
Kalyn HoughBlack
RE/MAX Michigan
(517) 647-9794
19 in this area
61 Total Sales
-
S
Seller's Agent in 2019
Susan Flores
EXIT Realty Select Partners
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 259458
APN: 20-02-17-116-010
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