NOT LISTED FOR SALE

2331 Sapphire Ln Unit 42 East Lansing, MI 48823

Estimated Value: $480,000 - $551,000

3 Beds
3 Baths
3,148 Sq Ft
$240/mo HOA Fee

Last Sold August 05, 2022

Last sale price $464,000 $147 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,114/month

3 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Vaulted Ceiling
  • Bennett Woods Elementary School Rated A
  • Deck
  • Ranch Style House

About This Home

As of August 2022

Lovely, custom built one owner, free standing ranch site condo with full finished walkout Lower Level, offering approx. 3200 sq ft of finished living area. Open light and bright floor plan, situated on a beautiful lot overlooking a lovely private treed backyard.

Last Listed By

Heather Jones Clark

Coldwell Banker Professionals -Okemos License #6506047001 Listed on: 07/05/2022

Coldwell Banker Professionals -Okemos

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,735

Year Built

  • Built in 2003

Lot Details

  • Front Yard Sprinklers

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Game Room
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Vanity

Laundry

  • Laundry Room
  • Laundry on main level
  • Stacked Washer and Dryer
  • Sink Near Laundry

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Bedroom in Basement
  • Basement Window Egress

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Community Details

Overview

  • Association fees include lawn care, snow removal, trash removal
  • Sapphire Lakes Condo Association
  • Sapphire Lakes Subdivision

Amenities

  • Office

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,735

Year Built

Built in 2003

Lot Details

0

HOA Fees

$240 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2021
  • Levels: One
  • Parking Features Garage Spaces: 2.0
  • Year Built: 2003
  • Lot Size: N/A
  • Subdivision Name: Sapphire Lakes
  • Above Grade Finished Sq Ft: 1898.0
  • Architectural Style: Ranch
  • Living Area: 3148.0
  • General Property Info:Lot Size Dimensions: N/A
  • General Property Info:Above Grade Finished Area: 1898.0
  • General Property Info:Total Livable Area: 3148.0
  • Baths:_pound_Full Baths 1: 2
  • Baths:_pound_Full Baths B: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Laundry Features:Main Level: Yes
  • Appliances Microwave: Yes
  • Rooms:Family Room2: Yes
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Percent Basement Finished: Yes
  • Rooms:Laundry2: Yes
  • Laundry Features:Laundry Room: Yes
  • Flooring:Vinyl2: Yes
  • Rooms:Game Room2: Yes
  • Rooms:Office: Yes
  • Flooring:Ceramic Tile: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features:Sink: Yes
  • View:TreesWoods: Yes
  • General Property Info:Building Area Total SqFt: 3796.0
  • Special Features: None

Interior Features

  • Basement: Daylight, Egress Windows, Finished, Full, Sump Pump, Walk-Out Access
  • Heating: Forced Air, Natural Gas
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Speed Internet, Open Floorplan, Pantry, Vaulted Ceiling(s)
  • Total Bedrooms: 3
  • Room: 13
  • Property Type: Residential
  • Bedroom 3 Level: Basement
  • Family Room Level: Basement
  • Game Room Level: Basement
  • Laundry Level: First
  • Office Level: Basement
  • Other Level: First
  • Full Bathrooms: 3
  • Below Grade Sq Ft: 1250.0
  • Fireplace Features: Basement, Family Room, Gas
  • Fireplace: Yes
  • Full Basement: Yes
  • Basement:Daylight: Yes
  • Community Features:Curbs: Yes
  • Community Features:Sidewalks: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Entrance Foyer: Yes
  • Fireplace Features:Gas3: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Open Floorplan: Yes
  • Basement:Sump Pump: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Egress Windows: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Free-Standing Refrigerator: Yes
  • Interior Features:Double Vanity: Yes
  • Fireplace Features:Basement4: Yes
  • Appliances:WasherDryer Stacked: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Sprinklers In Front
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Deck, Patio
  • View: Trees/Woods
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Patio: Yes
  • Lot Features:Sprinklers In Front: Yes

Garage/Parking

  • Parking Features: Attached, Concrete Driveway, Finished, Garage, Garage Door Opener
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Finished2: Yes
  • Parking Features:Garage2: Yes
  • Parking Features:Concrete Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Free-Standing Electric Range, Microwave, Washer/Dryer Stacked, Free-Standing Refrigerator, Dishwasher
  • Cooling: Central Air
  • LaundryFeatures: Laundry Room, Main Level, Sink
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 240.0
  • Association Fee Frequency: Monthly
  • Association Name: Sapphire Lakes Condo
  • Community Features: Curbs, Sidewalks
  • Association: Yes

Association/Amenities

  • Location Legal Info:Association Fee: 240.0
  • Location Legal Info:Association Name: Sapphire Lakes Condo
  • Location Legal Info:Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Lawn Care, Snow Removal, Trash Removal

Schools

  • Junior High Dist: Okemos

Tax Info

  • Tax Carrier Route: 7263
  • Tax Annual Amount: 6735.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Jun 9, 2022
Sold by
Olson Leroy A
Bought by
Olson Investment Trust
Seller's Agent
Heather Jones Clark
Coldwell Banker Professionals -Okemos
Buyer's Agent
Heather Jones Clark
Coldwell Banker Professionals -Okemos
List Price
$439,000
Sold Price
$464,000
Premium/Discount to List
$25,000
5.69%
Total Days on Market
3
Current Estimated Value
$517,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,717
Avg. Annual Appreciation
4.06%

Purchase Details

Closed on
Aug 15, 2011
Sold by
Olson Leroy A and Olson Gloria J
Bought by
Olson Leroy A and Olson Gloria J

Purchase Details

Closed on
May 14, 2004
Sold by
Sapphire Lakes Development Llc
Bought by
Olson Leroy A and Olson Gloria J

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
Olson Investment Trust -- None Listed On Document
Olson Leroy A -- None Available
Olson Leroy A $69,500 Mid
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sapphire Lakes Development Llc $239,580
Previous Owner Sapphire Lakes Development Llc $239,580
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $464,000 +5.7% $147 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $439,000 -- $139 / 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
2024 $43 $219,600 $38,300 $181,300
2023 $9,102 $174,400 $37,800 $136,600
2022 $6,892 $171,100 $36,000 $135,100
2021 $6,735 $162,300 $32,500 $129,800
2020 $6,524 $157,100 $32,500 $124,600
2019 $6,349 $140,500 $29,500 $111,000
2018 $6,011 $124,700 $32,000 $92,700
2017 $5,724 $126,600 $31,400 $95,200
2016 $2,553 $124,400 $33,300 $91,100
2015 $2,553 $116,300 $52,650 $63,650
2014 $2,553 $113,000 $53,900 $59,100
Source: Public Records

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Source: Greater Lansing Association of Realtors®

MLS Number: 266423

Greater Lansing Association of Realtors®

APN: 02-02-16-327-042