Great opportunity for a spacious 2-bedroom Bungalow with Class III rental licence allowing a family or two unrelated tenants! Natural light permeates throughout the living space all day! The arched doorway provides character of the era and helps define the living and dining areas. The roomy kitchen has an attached breakfast nook surrounded by windows to enjoy your morning coffee and informal dining. The rear bedroom has a 'walk-up' massive closet area complete with organizing racks and shelves. Enjoy entertaining outdoors on the sizable deck. Huge ⅓ acre, fully fenced back yard and a one car garage. Full basement provides an enormous amount of space for storage. Minutes to MSU and all the shops & nightlife of Downtown East Lansing!
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,988
Avg. Annual Appreciation
10.01%
Original Mortgage
$73,150
Outstanding Balance
$66,432
Interest Rate
2.67%
Mortgage Type
Commercial
Estimated Equity
$91,052
Nov 2017 - Jan 2021Gibbons John3 Years and 2 Months
Private Individual
Purchase Details
Closed on
Nov 22, 2017
Sold by
Passalacaqua Nicholas V and Passalacaqua Joseph
Bought by
Gibbons John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,200
Interest Rate
3.88%
Mortgage Type
New Conventional
Nov 2017 - Nov 2017Passalacqua Nicholas VLess than a month
Private Individual
Purchase Details
Closed on
Nov 19, 2017
Sold by
Opassalacqua John
Bought by
Passalacqua Nicholas V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,200
Interest Rate
3.88%
Mortgage Type
New Conventional
Nov 2017 - Nov 2017Passlacqua Nicholas VLess than a month
Private Individual
Purchase Details
Closed on
Nov 17, 2017
Sold by
Passalacqua Janice
Bought by
Passlacqua Nicholas V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,200
Interest Rate
3.88%
Mortgage Type
New Conventional
Sep 2009 - Nov 2017Passalacqua Nicholas and Passalacqua Joseph8 Years and 2 Months
Private Individual
Purchase Details
Closed on
Sep 15, 2009
Sold by
Fredricks Timothy B and Fredricks Kristin
Bought by
Passalacqua Nicholas and Passalacqua Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,098
Interest Rate
5.32%
Mortgage Type
FHA
Sep 2004 - Sep 2009Fredricks Timothy B5 Years
Private Individual
Purchase Details
Closed on
Sep 16, 2004
Sold by
Newcombe Patrick O and Christine Newcombe M
Bought by
Fredricks Timothy B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Aug 1999 - Sep 2004Newcombe Patrick O and Christine Newcombe M5 Years and 1 Month
Private Individual
Purchase Details
Closed on
Aug 13, 1999
Sold by
Gutek Jon P
Bought by
Newcombe Patrick O and Christine Newcombe M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,520
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
May 1996 - Aug 19993 Years and 3 Months
Private Individual
Purchase Details
Closed on
May 1, 1996
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Rooted Real Esta Of Greater LansingRE/MAX Real Estate Professionals
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Tax AssessmentTax 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.
This home is located at 1559 E Mt Vernon, East Lansing, MI 48823 since 13 November 2020 and is currently estimated at $169,488, approximately $231 per square foot. This property was built in 1930. 1559 E Mt Vernon is a home located in Ingham County with nearby schools including Marble Elementary School, MacDonald Middle School, and East Lansing High School.
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