NOT LISTED FOR SALE

1623 Melrose Ave East Lansing, MI 48823

Estimated Value: $175,000 - $211,000

3 Beds
1 Bath
1,044 Sq Ft
$183/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $107,500 $103 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,311/month

About This Home

As of November 2020

Roomy three bedroom on deep lot. Newer roof on home, newer furnace and central air, water heater one year old. Sunroom located off back bedroom. Fenced back yard has deck and firepit.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Nov 23, 2020
Sold by
Hundley Judy and Redpath Gerald
Bought by
Al Bshara Muften and Al Sultan Iman
Seller's Agent
Ray Kruch
Real Estate One 1st
Buyer's Agent
Marilyn Jackson
RE/MAX Real Estate Professionals
List Price
$124,900
Sold Price
$107,500
Premium/Discount to List
-$17,400
-13.93%
Current Estimated Value
$191,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,069
Avg. Annual Appreciation
12.62%
Original Mortgage
$104,275
Outstanding Balance
$92,790
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$98,779

Purchase Details

Listed on
Mar 7, 2014
Closed on
Jul 1, 2014
Sold by
Cavell Leslie J and Erbeznik Milutin
Bought by
Eredpath Thomas Hundley and Hundley Judy
Seller's Agent
Martha Bashore
Coldwell Banker Realty -Stadium
Buyer's Agent
Janine Gaboury
Berkshire Hathaway HomeServices
List Price
$94,900
Sold Price
$87,500
Premium/Discount to List
-$7,400
-7.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%
Original Mortgage
$79,750
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2014
Sold by
Carsen Joseph and Linderman Juliana
Bought by
Milutin Cavell Leslie J and Milutin Evloeznik

Purchase Details

Closed on
Feb 18, 2011
Sold by
Cavell Leslie J and Erbeznik Milutin
Bought by
Larsen Joseph and Lindeman Juliana

Purchase Details

Closed on
Jul 17, 2009
Sold by
Richardson Carol E
Bought by
Cavell Leslie J and Erbeznik Milutin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
5.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2004
Sold by
Pries Kathleen R and Pries Justin W
Bought by
Richardson Carol E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,920
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2002
Sold by
Pries Kathleen R
Bought by
Pries Kathleen R and Pries Justin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 1998
Sold by
Nowlin Julia L
Bought by
Pries Kathleen R and Pries Justin W

Purchase Details

Closed on
Apr 1, 1988

Purchase Details

Closed on
Mar 1, 1988

Purchase Details

Closed on
Apr 1, 1983
Source: Public Records

Range of Values:

Collateral Analytics

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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
Al Bshara Muften $107,500 Transnation Title Agency
Eredpath Thomas Hundley $87,500 Tri County Title Agency Llc
Milutin Cavell Leslie J -- None Available
Larsen Joseph -- None Available
Cavell Leslie J $107,500 Tri Title Agency Llc
Richardson Carol E $114,900 Tri Title Agency
Pries Kathleen R -- --
Pries Kathleen R -- --
Pries Kathleen R $85,800 --
-- $49,200 --
-- $41,500 --
-- $34,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Al Bshara Muften $104,275
Previous Owner Eredpath Thomas Hundley $79,750
Previous Owner Cavell Leslie J $86,000
Previous Owner Richardson Carol E $91,920
Previous Owner Pries Kathleen R $75,000
Closed Richardson Carol E $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $107,500 -5.3% $103 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $113,500 -4.2% $109 / Sq Ft
09/22/2020 09/22/20 Price Changed $118,500 -5.1% $114 / Sq Ft
09/14/2020 09/14/20 For Sale $124,900 +42.7% $120 / Sq Ft
07/01/2014 07/01/14 Sold $87,500 -7.8% $84 / Sq Ft
06/09/2014 06/09/14 Pending -- -- --
03/07/2014 03/07/14 For Sale $94,900 -- $91 / Sq Ft

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 $3,545 $83,600 $19,600 $64,000
2024 $30 $76,500 $19,600 $56,900
2023 $3,311 $66,500 $16,800 $49,700
2022 $3,172 $58,800 $14,500 $44,300
2021 $3,118 $55,300 $13,800 $41,500
2020 $2,548 $52,700 $13,800 $38,900
2019 $2,444 $48,900 $15,000 $33,900
2018 $2,672 $46,600 $10,900 $35,700
2017 $2,565 $46,600 $11,000 $35,600
2016 -- $44,900 $10,600 $34,300
2015 -- $41,800 $19,485 $22,315
2014 -- $39,700 $19,485 $20,215
Source: Public Records

Agents Affiliated with this Home

  • Ray Kruch

    Seller's Agent in 2020

    Ray Kruch

    Real Estate One 1st

    (517) 881-5871

    8 in this area

    60 Total Sales

    Ray Kruch
    Section Image
  • Marilyn Jackson

    Buyer's Agent in 2020

    Marilyn Jackson

    RE/MAX Michigan

    (989) 859-2521

    18 in this area

    159 Total Sales

    Marilyn Jackson
    Section Image

  • M

    Buyer's Agent in 2020

    Marilyn Snyder

    RE/MAX Michigan

  • M

    Seller's Agent in 2014

    Martha Bashore

    Coldwell Banker Realty -Stadium

  • J

    Buyer's Agent in 2014

    Janine Gaboury

    Berkshire Hathaway HomeServices

See All Agents

Map

Michigan Ingham County East Lansing 48823

1623 Melrose Ave, East Lansing, MI

This home is located at 1623 Melrose Ave, East Lansing, MI 48823 and is currently estimated at $191,569, approximately $183 per square foot. 1623 Melrose Ave is a home located in Ingham County with nearby schools including Marble Elementary School, MacDonald Middle School, and East Lansing High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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