$165,000
SOLD JUN 7, 2019

1541 Ann St East Lansing, MI 48823

3 Beds
1 Bath
912 Sq Ft
0.29 Acres

Recently Sold

$181 Per Sq Ft

11% Below List Price

Highlights

  • Deck
  • Ranch Style House
  • Living Room
  • Marble Elementary School Rated A-
  • Window Unit Cooling System
  • Forced Air Heating System

About This Home

As of November 2021

Great Opportunity to purchase an Investment Property near MSU! City of East Lansing Class IV license (Licensed for 4 Unrelated or a Family) with current leases running through May 31, 2019. This 3-bedroom, 1-bath property has been completely updated by the current owners, updates in 2008/2009 included new furnace, water heater, kitchen cabinets, appliances, Bamboo floors (living room/kitchen/laundry), Bath tub/shower/sink/vanity, all lighting, asphalt drive & patio slab. Roof and windows were updated by the prior owner in 2007. Within the last year the Dishwasher, Washer and Toilet were replaced. 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. 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. Call for your showing today!

Last Agent to Sell the Property

Susan Flores

EXIT Realty Select Partners License #6501367173 Listed on: 03/08/2019

Last Buyer's Agent

Janice Ruhala

Coldwell Banker Professionals -Okemos License #6501206393

Coldwell Banker Professionals -Okemos

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 81 x 153
  • South Facing Home
  • Fenced

Parking

  • 1 Car Garage
  • Private Parking

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 912 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • Homestead Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Investment
  • Tax Year: 2018
  • Levels: One
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1951
  • Lot Size Acres: 0.29
  • Lot Size: 81 x 153
  • Subdivision Name: Homestead
  • Above Grade Finished Sq Ft: 912.0
  • Architectural Style: Ranch
  • Living Area: 912.0
  • General Property Info:Lot Size Dimensions: 81 x 153
  • 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
  • Laundry Features:Main Level: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Foundation Details:Slab: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:Window Unit(s): Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced: Yes
  • General Property Info:Building Area Total SqFt: 912.0
  • General Property Info:Front Door: South
  • Special Features: None

Interior Features

  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Laminate Counters, Stove Hookup - Electric
  • Total Bedrooms: 3
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Other Level: First
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Laminate Counters: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • Foundation Details: Slab
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Deck
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: South
  • Patio Porch Features:Deck: Yes

Garage/Parking

  • Parking Features: Asphalt, Private
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Private6: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Microwave, Washer, Refrigerator, Range, Oven, Dryer, Dishwasher
  • Cooling: Window Unit(s)
  • LaundryFeatures: Electric Dryer Hookup, Main Level
  • 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: 12414.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5530.0

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
$229,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,862
Avg. Annual Appreciation
5.24%
Original Mortgage
$182,360
Outstanding Balance
$167,429
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$61,081

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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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 Type Sale Price Title Company
Warranty Deed $188,000 Tri County Title Agency Llc
Warranty Deed $165,000 Bell Title Agency Of Okemos
Warranty Deed $115,250 Tri County Title Agency Llc
Deed $60,000 --
Deed $53,400 --
Deed $42,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $182,360 New Conventional
Previous Owner $132,000 New Conventional
Previous Owner $75,000 Unknown
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: 234379

Greater Lansing Association of Realtors®

APN: 20-02-17-116-010