NOT LISTED FOR SALE

2704 Teri Terrace East Lansing, MI 48823

Estimated Value: $310,000 - $342,000

4 Beds
3 Baths
2,400 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 02, 2018

Last sale price $210,000 $88 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,272/month

15 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Covered Patio or Porch
  • Bennett Woods Elementary School Rated A
  • Granite Countertops
  • 2 Car Attached Garage

About This Home

As of October 2018

This elegant ranch is fully updated and tastefully done, while still keeping it's Mid-century appeal! Conveniently located in East Lansing with the award winning Okemos schools, this property is just a short distance to many local amenities. Loads of natural light enhance the peaceful decor of the home and encourages a restful atmosphere. Updated light fixtures include recessed lighting in the main living areas and continue through the living, dining, and kitchen areas. A large living room features large windows and hardwood flooring which continues throughout the home. The dining area opens to the back deck with views of the naturally landscaped fenced lot- ideal for summer gatherings. The kitchen is open featuring a peninsula with granite counter tops, updated stainless steal appliances and pantry for additional storage. The master suite features double closets and a private bath. 2 additional bedrooms are across the hall and share a freshly remodeled bath with lots of storage and counter space. The daylight lower level holds more possibilities, it has a family room with fireplace, another Bedroom and a half bath. Please see attached for reserved items.

Last Agent to Sell the Property

James Noble

RE/MAX Real Estate Professionals License #6502381345 Listed on: 08/10/2018

RE/MAX Real Estate Professionals

Co-Listed By

Brenna Chamberlain

Key Realty One, LLC License #6501296920

Last Buyer's Agent

James Noble

RE/MAX Real Estate Professionals License #6502381345 Listed on: 08/10/2018

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,491

Year Built

  • Built in 1964

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 100x136
  • South Facing Home
  • Fenced

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Basement Window Egress

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Community Details

  • Cahill Garden Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,491

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2017
  • Levels: One
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1964
  • Lot Size Acres: 0.31
  • Lot Size: 100x136
  • Co List Office Mls Id: 894
  • Co List Office Phone: 517-339-8255
  • Subdivision Name: Cahill Garden
  • Above Grade Finished Sq Ft: 1600.0
  • Architectural Style: Ranch
  • Living Area: 2400.0
  • General Property Info:Lot Size Dimensions: 100x136
  • General Property Info:Above Grade Finished Area: 1600.0
  • General Property Info:Total Livable Area: 2400.0
  • Baths:_pound_Full Baths 1: 2
  • Baths:_pound_Full Baths B: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Exterior:Aluminum Siding: Yes
  • Appliances Dryer: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Cooling:Exhaust Fan: Yes
  • Fencing:Fenced: Yes
  • General Property Info:Building Area Total SqFt: 3200.0
  • General Property Info:Front Door: South
  • Special Features: None

Interior Features

  • Basement: Daylight, Egress Windows, Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Granite Counters, High Speed Internet, Pantry, Primary Bathroom, Primary Downstairs, Stove Hookup - Gas
  • Total Bedrooms: 4
  • Room: 7
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Basement
  • Other Level: Basement
  • Full Bathrooms: 3
  • Below Grade Sq Ft: 800.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Basement:Daylight: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Partially Finished: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Granite Counters: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Egress Windows: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Deck, Porch
  • Home Warranty: No
  • Construction Type: Brick, Aluminum Siding
  • Direction Faces: South
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Water Softener Owned, Oven, Gas Range, Dryer, Dishwasher
  • Cooling: Central Air, Exhaust Fan
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Okemos

Lot Info

  • Lot Size Sq Ft: 13503.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3491.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Oct 2, 2018
Sold by
Franke Derrick R and Gibbs Carole E
Bought by
Wilcox Dawn E
Seller's Agent
James Noble
RE/MAX Real Estate Professionals
Buyer's Agent
James Noble
RE/MAX Real Estate Professionals
List Price
$209,900
Sold Price
$210,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$325,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,147
Avg. Annual Appreciation
6.53%
Original Mortgage
$157,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 14, 2013
Closed on
May 3, 2013
Sold by
Craymer Eric
Bought by
Franke Derrick R and Gibbs Carole E
Seller's Agent
Margaret Gerich
RE/MAX Real Estate Professionals
Buyer's Agent
James Noble
RE/MAX Real Estate Professionals
List Price
$187,500
Sold Price
$175,000
Premium/Discount to List
-$12,500
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%
Original Mortgage
$140,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2010
Sold by
Craymer Eric and Craymar Eric
Bought by
Craymer Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2005
Sold by
Murray Werner Declaration Of Trust
Bought by
Craymar Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
5.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 4, 1999
Sold by
Werner Murray and Montague Werner Barbara E
Bought by
Murray Werner Declaration Of Trust
Source: Public Records

Range of Values:

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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
Wilcox Dawn E $210,000 Transnation Title Agency
Franke Derrick R $175,000 Transnation Title Agency
Craymer Eric -- Stewart
Craymar Eric $174,000 Tri Title Agency
Murray Werner Declaration Of Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilcox Dawn E $113,300
Closed Wilcox Dawn E $153,000
Closed Wilcox Dawn E $157,500
Previous Owner Franke Derrick R $140,000
Previous Owner Craymer Eric $128,000
Previous Owner Craymer Eric $19,000
Previous Owner Craymar Eric $139,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2018 10/02/18 Sold $210,000 0.0% $88 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $209,900 +19.9% $87 / Sq Ft
05/03/2013 05/03/13 Sold $175,000 -6.7% $73 / Sq Ft
04/02/2013 04/02/13 Pending -- -- --
03/14/2013 03/14/13 For Sale $187,500 -- $78 / 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 $6,050 $142,600 $25,500 $117,100
2024 $5,595 $135,400 $24,300 $111,100
2023 $5,595 $125,400 $23,100 $102,300
2022 $5,358 $111,500 $19,800 $91,700
2021 $5,255 $105,900 $17,900 $88,000
2020 $5,152 $102,400 $17,900 $84,500
2019 $5,025 $96,400 $19,300 $77,100
2018 $3,670 $87,900 $19,800 $68,100
2017 $3,491 $84,800 $20,000 $64,800
2016 $1,550 $80,600 $18,800 $61,800
2015 $1,550 $75,400 $34,755 $40,645
2014 $1,550 $68,600 $29,994 $38,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 228726

Greater Lansing Association of Realtors®

APN: 02-02-17-253-010