NOT LISTED FOR SALE

1548 Burcham Dr East Lansing, MI 48823

Estimated Value: $294,000 - $369,218

8 Beds
4 Baths
3,072 Sq Ft
$106/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $260,000 $85 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,049/month

10 Days on Market

Highlights

  • Raised Ranch Architecture
  • Marble Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of October 2023

Investment income property or Live in one side and rent the other

Last Agent to Sell the Property

Jody Leatherberry

RE/MAX Real Estate Professionals, Inc. West License #6501302413 Listed on: 09/19/2023

Last Buyer's Agent

Christopher Silker

Keller Williams Realty Lansing License #6506046369

Keller Williams Realty Lansing

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 78x185

Home Design

  • Duplex
  • Raised Ranch Architecture
  • Vinyl Siding

Interior Spaces

  • 3,072 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Parking

  • 8 Parking Spaces
  • Gravel Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Misc Business Info Parking Surface: GRAVEL
  • Tax Year: 2022
  • Levels: Two
  • Year Built: 1973
  • Lot Size Acres: 0.32
  • Lot Size: 78X185
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 3072.0
  • Architectural Style: Raised Ranch
  • General Property Info:Lot Size Dimensions: 78X185
  • General Property Info:Above Grade Finished Area: 3072.0
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Raised Ranch: Yes
  • Laundry Features:Lower Level: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 6965.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: DUPLEX
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 8.0
  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Misc Business Info:_pound_ Parking: 8
  • General Property Info:Parking Total: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: Lower Level
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 13939.2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Oct 11, 2023
Sold by
Michelakis Michael A
Bought by
Todd K Dowrick And Sandra L Dowrick Trust and Dowrick
Seller's Agent
Jody Leatherberry
RE/MAX Real Estate Professionals, Inc. West
Buyer's Agent
Christopher Silker
Keller Williams Realty Lansing
List Price
$249,900
Sold Price
$260,000
Premium/Discount to List
$10,100
4.04%
Views
31
Current Estimated Value
$325,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,055
Avg. Annual Appreciation
11.94%

Purchase Details

Closed on
Aug 9, 2023
Sold by
Andrew M Michelakis Trust
Bought by
Michelakis Michael A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Todd K Dowrick And Sandra L Dowrick Trust $260,000 Diversified National Title
Michelakis Michael A -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $260,000 +4.0% $85 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $249,900 -- $81 / 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 $10,857 $151,600 $30,100 $121,500
2024 $95 $145,800 $30,100 $115,700
2023 $7,280 $140,000 $25,700 $114,300
2022 $6,965 $122,000 $22,300 $99,700
2021 $6,820 $118,800 $21,200 $97,600
2020 $6,740 $118,800 $21,200 $97,600
2019 $6,501 $127,600 $22,900 $104,700
2018 $6,919 $123,800 $16,700 $107,100
2017 $6,674 $122,700 $16,900 $105,800
2016 -- $122,700 $16,200 $106,500
2015 -- $113,500 $29,853 $83,647
2014 -- $113,500 $29,853 $83,647
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 276105

Greater Lansing Association of Realtors®

APN: 20-02-17-100-024