NOT LISTED FOR SALE

1666 Melrose Ave East Lansing, MI 48823

Estimated Value: $193,000 - $218,010

3 Beds
1.5 Baths
1,627 Sq Ft
$125/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $71,500 $44 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $1,289/month

Highlights

  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • Humidifier
  • Marble Elementary School Rated A-
  • Covered Patio or Porch
  • 4-minute walk to Hidden River Park

About This Home

As of May 2013

East Lansing, lovely Grandview Subdivision, so convenient to campus. Very nice Cape Code --walk to MSU. 3 BR, 1.5 Baths, gleaming hardwood flrs, tidy and bright eat-in kitchen. Big windows with plentiful natural light. Nice sized backyard, perfect for a garden. Central air, potential to finish basement, drywall is up. This home been very well maintained and is ready for your family to enjoy for many years. GREAT LOCATION NEAR EVERYTHING, HIGHWAY, SCHOOLS. This property is located in the East Lansing Hometown Assistance Area and qualifies for Down Payment Assistance and other programs

Last Agent to Sell the Property

Peter MacIntyre

RE/MAX Real Estate Professionals, Inc. Grand River License #6506040989 Listed on: 08/13/2012

Last Buyer's Agent

Carin Whybrew

Coldwell Banker Professionals -Okemos License #6506041103

Coldwell Banker Professionals -Okemos

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 140x50

Parking

  • No Garage

Home Design

  • Cape Cod Architecture
  • Wood Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Grand View Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 12
  • Year Built: 1952
  • Lot Size Acres: 0.16
  • Lot Size: 140X50
  • Subdivision Name: Grand View
  • Above Grade Finished Sq Ft: 907.0
  • Architectural Style: Cape Cod
  • Living Area: 1627.0
  • General Property Info:Lot Size Dimensions: 140X50
  • General Property Info:Above Grade Finished Area: 907.0
  • General Property Info:Total Livable Area: 1627.0
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Half Baths 2: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • Architectural Style:Cape Cod: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Wood Siding: Yes
  • General Property Info:Building Area Total SqFt: 1627.0
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 3
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 720.0
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Basement:Partially Finished: Yes
  • Appliances:Humidifier: Yes

Exterior Features

  • Patio And Porch Features: Covered
  • Construction Type: Wood Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Refrigerator, Humidifier, Dishwasher
  • Cooling: Central Air
  • 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: 6969.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2248.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2012
Closed on
May 31, 2013
Sold by
Zhou Chen and Guo Wen
Bought by
Tessmer Antoinette and Tessmer Sturart
Seller's Agent
Peter MacIntyre
RE/MAX Real Estate Professionals, Inc. Grand River
Buyer's Agent
Carin Whybrew
Coldwell Banker Professionals -Okemos
List Price
$84,900
Sold Price
$71,500
Premium/Discount to List
-$13,400
-15.78%
Current Estimated Value
$203,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,503
Avg. Annual Appreciation
8.82%
Original Mortgage
$57,200
Outstanding Balance
$39,695
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$163,308

Purchase Details

Closed on
Jan 27, 2009
Sold by
Chapman Jason J and Chapman Michelle L
Bought by
Zhou Chen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 1999
Sold by
Roy Luke J and Roy Julie R
Bought by
Chapman Jason J and Chapman Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,951
Interest Rate
7.29%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 1997
Sold by
Anderson Mairgrid
Bought by
Roy Luke J and Murphy Anne S

Purchase Details

Closed on
May 1, 1988

Purchase Details

Closed on
Jul 1, 1981
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tessmer Antoinette $71,500 First American Title Ins Co
Zhou Chen $70,000 First American Title Ins Co
Chapman Jason J $96,000 --
Roy Luke J $84,200 --
-- $55,000 --
-- $56,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tessmer Antoinette $57,200
Previous Owner Zhou Chen $35,000
Previous Owner Chapman Jason J $95,951
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $71,500 -15.8% $44 / Sq Ft
03/05/2013 03/05/13 Pending -- -- --
08/13/2012 08/13/12 For Sale $84,900 -- $52 / 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 $2,556 $74,500 $17,100 $57,400
2024 -- $68,300 $17,100 $51,200
2023 $2,387 $59,300 $14,600 $44,700
2022 $2,287 $52,500 $12,700 $39,800
2021 $2,248 $49,400 $12,000 $37,400
2020 $2,223 $46,300 $12,000 $34,300
2019 $2,132 $43,000 $13,000 $30,000
2018 $2,331 $43,300 $9,500 $33,800
2017 $2,238 $43,300 $9,600 $33,700
2016 -- $40,500 $9,200 $31,300
2015 -- $37,800 $16,950 $20,850
2014 -- $35,900 $16,950 $18,950
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 40047

Greater Lansing Association of Realtors®

APN: 20-02-17-113-010