NOT LISTED FOR SALE

2240 Burcham Dr East Lansing, MI 48823

Estimated Value: $405,000 - $454,000

3 Beds
2 Baths
2,291 Sq Ft
$183/Sq Ft Est. Value

Last Sold December 27, 2019

Last sale price $279,900 $122 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,982/month

23 Days on Market

Highlights

  • Contemporary Architecture
  • Bennett Woods Elementary School Rated A
  • 2 Car Garage

About This Home

As of December 2019

Welcome home to 2240 Burcham Drive. This 3 bedroom, 2.5 bath 2-story home is situated in the desirable Keystone subdivision. The kitchen features lots of counter top space, an island, and maple hardwood floors. Upstairs you'll find 3 bedrooms, and two full baths. The master bedroom boasts a large walk-in closet. Additional features of this home include: an attached two car garage, New roof (installed Aug 2019), Okemos School Districts, and close proximity to MSU. Agent Owned

Last Agent to Sell the Property

Olufemi Olowolafe

MJ REAL ESTATE License #SAOR-491000500 Listed on: 12/03/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1997

Lot Details

  • 0.3 Acre Lot
  • 106 Ft Wide Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Keystone Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-02-02-16-126-046

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,918

Year Built

Built in 1997

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Originating MLS: Greater Shiawassee Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Contemporary
  • Structure Style: 2 Story
  • Total Tax Amount: 5918
  • Year Built: 1997
  • Mail City: East Lansing
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor
  • Bedroom 2: On 2nd Floor
  • Bedroom 3: On 2nd Floor
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: On Level: Second
  • Bathroom 2: On Level: Second
  • Below Grade Sq Ft: 865
  • Finished Below Grade Sq Ft: 437
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1854
  • Total Finished Sq Ft: 2291

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Foundation: Basement
  • Frontage: 106

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Condo/Co-op/Association

  • HOA Fees: 50
  • HOA Fee Frequency: Yearly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 33-02-02-16-126-046
  • Lot Dimensions: 106.00 ft x 126.00 ft
  • Acreage: 0.3
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $2,619.00
  • Winter Tax: Year: 2019, Amount: $3,299.00
  • Total Tax: Amount: $5,918.00

MLS Schools

  • School District: Okemos Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2019
Closed on
Dec 27, 2019
Sold by
Olowolafe Olufemi and Rice Olowolafe Therese Marie
Bought by
Xu Hui Hong and Choi Oh Sung
Seller's Agent
Olufemi Olowolafe
MJ REAL ESTATE
List Price
$279,900
Sold Price
$279,900
Current Estimated Value
$420,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,441
Avg. Annual Appreciation
7.67%

Purchase Details

Listed on
Oct 24, 2014
Closed on
Apr 20, 2015
Sold by
Zhang Xinwen
Bought by
Olowolafe Olufemi and Rise Theresa
Seller's Agent
Aaron Hoffman
A. Hoffman Realty
Buyer's Agent
Michael Larson
Berkshire Hathaway HomeServices
List Price
$229,900
Sold Price
$200,000
Premium/Discount to List
-$29,900
-13.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$196,377
Interest Rate
3.77%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 24, 2014
Closed on
Apr 7, 2015
Sold by
Kong Xiuzhi
Bought by
Zhang Xinwen
Seller's Agent
Aaron Hoffman
A. Hoffman Realty
Buyer's Agent
Michael Larson
Berkshire Hathaway HomeServices
List Price
$229,900
Sold Price
$200,000
Premium/Discount to List
-$29,900
-13.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Interest Rate
3.77%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 2013
Sold by
Zhang Xinwen
Bought by
Kong Xiuzhi

Purchase Details

Listed on
Jul 22, 2012
Closed on
Oct 26, 2012
Sold by
Lee Sang Byung and Ane Eun Hie Lee
Bought by
Zhang Xinwen
Seller's Agent
Aaron Hoffman
A. Hoffman Realty
Buyer's Agent
Aaron Hoffman
A. Hoffman Realty
List Price
$129,900
Sold Price
$205,000
Premium/Discount to List
$75,100
57.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%

Purchase Details

Closed on
Aug 6, 2007
Sold by
Hershey Jo Ann and Kennedy Jo Ann
Bought by
Lee Sang Byung and Ane Eun Hie Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2001
Sold by
Petroff Douglas J and Petroff Shannon E
Bought by
Kennedy Jo Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
7.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 26, 1998
Sold by
Maddox Philip and Maddox Marni
Bought by
Petroff Douglas J and Petroff Shannon E

Purchase Details

Closed on
Mar 22, 1997
Bought by
Bass Larry
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 Buyer Sale Price Title Company
Xu Hui Hong $279,900 None Available
Olowolafe Olufemi $200,000 None Available
Zhang Xinwen -- None Available
Kong Xiuzhi -- None Available
Zhang Xinwen $205,000 None Available
Lee Sang Byung $260,000 None Available
Kennedy Jo Ann $230,900 Midstate Title Company
Petroff Douglas J $191,000 --
Bass Larry $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olowolafe Olufemi $196,377
Previous Owner Lee Sang Byung $178,000
Previous Owner Kennedy Jo Ann $224,000
Previous Owner Kennedy Jo Ann $28,000
Previous Owner Kennedy Jo Ann $168,800
Previous Owner Kennedy Jo Ann $50,000
Previous Owner Kennedy Jo Ann $169,600
Previous Owner Kennedy Jo Ann $23,000
Previous Owner Kennedy Jo Ann $130,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2019 12/27/19 Sold $279,900 0.0% $122 / Sq Ft
12/03/2019 12/03/19 For Sale $279,900 +40.0% $122 / Sq Ft
03/15/2015 03/15/15 Sold $200,000 -13.0% $75 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
10/24/2014 10/24/14 For Sale $229,900 +12.1% $87 / Sq Ft
10/26/2012 10/26/12 Sold $205,000 +57.8% $87 / Sq Ft
10/07/2012 10/07/12 Pending -- -- --
07/21/2012 07/21/12 For Sale $129,900 -- $55 / Sq Ft
Source: Michigan Multiple Listing Service

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 $8,257 $190,600 $36,600 $154,000
2024 $7,805 $172,300 $33,400 $138,900
2023 $7,805 $164,300 $33,800 $130,500
2022 $7,431 $156,100 $32,500 $123,600
2021 $7,273 $142,700 $28,600 $114,100
2020 $8,387 $135,600 $28,600 $107,000
2019 $5,917 $127,800 $28,800 $99,000
2018 $5,603 $116,300 $20,300 $96,000
2017 $5,357 $108,800 $20,600 $88,200
2016 $2,341 $112,800 $21,500 $91,300
2015 $2,341 $111,500 $42,511 $68,989
2014 $2,341 $104,500 $40,226 $64,274
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2019

    Olufemi Olowolafe

    MJ REAL ESTATE

    Section Image

  • A

    Seller's Agent in 2015

    Aaron Hoffman

    A. Hoffman Realty

  • M

    Buyer's Agent in 2015

    Michael Larson

    Berkshire Hathaway HomeServices

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50001240

Michigan Multiple Listing Service

APN: 02-02-16-126-046

Michigan Ingham County East Lansing 48823

2240 Burcham Dr, East Lansing, MI

This home is located at 2240 Burcham Dr, East Lansing, MI 48823 since 03 December 2019 and is currently estimated at $420,341, approximately $183 per square foot. This property was built in 1997. 2240 Burcham Dr is a home located in Ingham County with nearby schools including Bennett Woods Elementary School, Kinawa School, and Chippewa Middle School.

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