NOT LISTED FOR SALE

331 Margaret St East Lansing, MI 48823

Estimated Value: $291,000 - $308,605

3 Beds
2 Baths
1,928 Sq Ft
$156/Sq Ft Est. Value

Last Sold November 01, 2022

Last sale price $255,000 $132 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,665/month

18 Days on Market

Highlights

  • Deck
  • Living Room with Fireplace
  • Wood Flooring
  • Marble Elementary School Rated A-
  • Ranch Style House
  • Corner Lot

About This Home

As of November 2022

Charming 3 bed 2 bath ranch home in East Lansing Schools. Very nice living room with fireplace and great kitchen with lots of cupboard space. Wonderful 3 seasons room and finished lower level.

Last Agent to Sell the Property

Gary Newton

RE/MAX Real Estate Professionals License #6506045750 Listed on: 08/12/2022

RE/MAX Real Estate Professionals

Last Buyer's Agent

Kristen Clisch

Jason Mitchell Real Estate Group-Lansing License #6502432640

Jason Mitchell Real Estate Group-Lansing

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,580

Year Built

  • Built in 1965

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 85x156
  • East Facing Home
  • Landscaped
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Garden
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • Bookcases
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Garden Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Storage
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Electric Cooktop
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Partially Finished Basement

  • Fireplace in Basement
  • Block Basement Construction
  • Laundry in Basement

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Montrose Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,580

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Primary
  • Tax Year: 2022
  • Levels: One
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1965
  • Fireplaces: 2
  • Lot Size Acres: 0.3
  • Lot Size: 85X156
  • Subdivision Name: Montrose
  • Above Grade Finished Sq Ft: 1253.0
  • Architectural Style: Ranch
  • Living Area: 1928.0
  • General Property Info:Lot Size Dimensions: 85X156
  • General Property Info:Above Grade Finished Area: 1253.0
  • General Property Info:Total Livable Area: 1928.0
  • Baths:_pound_Full Baths 1: 2
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Exterior:Aluminum Siding: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features:In Basement: Yes
  • Laundry Features:Washer Hookup: Yes
  • Flooring:Carpet: Yes
  • Foundation Details:Block4: Yes
  • Sewer:Public Sewer: Yes
  • View:Neighborhood: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Rooms:Laundry2: Yes
  • Laundry Features:Lower Level: Yes
  • Flooring:Ceramic Tile: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Laundry Features:Sink: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 2495.0
  • Fireplace Features:Gas5: Yes
  • General Property Info:Front Door: East
  • Special Features: VirtualTour

Interior Features

  • Basement: Block, Concrete, Partially Finished
  • Heating: Central
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bookcases, Breakfast Bar, Ceiling Fan(s), Double Vanity, Entrance Foyer, Storage
  • Total Bedrooms: 3
  • Room: 7
  • Property Type: Residential
  • Laundry Level: Basement
  • Other Level: Basement
  • Window Features: Garden Window(s), Insulated Windows, Skylight(s), Window Coverings, Window Treatments
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 675.0
  • Fireplace Features: Gas, Basement, Living Room, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Basement:Concrete2: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Basement:Partially Finished: Yes
  • Interior Features:Entrance Foyer: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Bookcases: Yes
  • Appliances:Free-Standing Refrigerator: Yes
  • Interior Features:Double Vanity: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Storage: Yes
  • Appliances:Ice Maker: Yes
  • Fireplace Features:Basement4: Yes
  • Appliances:Electric Cooktop: Yes
  • Basement:Block2: Yes
  • Appliances:Convection Oven: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Garden, Private Yard, Rain Gutters
  • Foundation Details: Block
  • Lot Features: Back Yard, Landscaped, Sprinklers In Front, Sprinklers In Rear, Corner Lot
  • RoadSurfaceType: Concrete
  • Patio And Porch Features: Deck
  • View: Neighborhood
  • Home Warranty: No
  • Construction Type: Brick, Aluminum Siding
  • Direction Faces: East
  • Patio Porch Features:Deck: Yes
  • Lot Features:Back Yard2: Yes
  • Exterior Features:Rain Gutters: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Window Coverings: Yes
  • Lot Features:Landscaped: Yes
  • Exterior Features:Garden: Yes
  • Window Features:Skylight(s): Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Sprinklers In Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Window Features:Window Treatments: Yes
  • Exterior Features:Private Yard: Yes
  • Window Features:Garden Window(s): Yes

Garage/Parking

  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Inside Entrance
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage2: Yes
  • Parking Features:Inside Entrance: Yes
  • Parking Features:Concrete6: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Electric Cooktop, Ice Maker, Water Heater, Washer, Free-Standing Refrigerator, Electric Water Heater, Dryer, Dishwasher, Convection Oven
  • Cooling: Central Air
  • LaundryFeatures: Gas Dryer Hookup, In Basement, Lower Level, Sink, Washer Hookup
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Heater: Yes
  • Heating:Central: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 13242.24
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4580.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Nov 1, 2022
Sold by
Joint Declaration Of Trust
Bought by
Darling Kally
Seller's Agent
Gary Newton
RE/MAX Real Estate Professionals
Buyer's Agent
Kristen Clisch
Jason Mitchell Real Estate Group-Lansing
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%
Views
114
Current Estimated Value
$300,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,651
Avg. Annual Appreciation
5.43%
Original Mortgage
$237,000
Outstanding Balance
$230,790
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$64,309

Purchase Details

Closed on
Jul 30, 2010
Sold by
Mahler William J and Mahler Marguerite A
Bought by
Mahler William J and Mahler Marguerite A

Purchase Details

Closed on
Oct 1, 1988

Purchase Details

Closed on
Feb 1, 1984
Source: Public Records

Range of Values:

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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
Darling Kally $255,000 Transnation Title
Mahler William J -- None Available
-- $90,000 --
-- $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darling Kally $237,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Sold $255,000 0.0% $132 / Sq Ft
08/25/2022 08/25/22 Price Changed $254,900 -3.8% $132 / Sq Ft
08/19/2022 08/19/22 Price Changed $264,900 -3.7% $137 / Sq Ft
08/11/2022 08/11/22 For Sale $275,000 -- $143 / 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 $58 $129,600 $31,900 $97,700
2023 $6,480 $117,400 $29,500 $87,900
2022 $4,498 $108,300 $25,600 $82,700
2021 $4,421 $101,200 $24,100 $77,100
2020 $4,372 $95,000 $22,800 $72,200
2019 $4,193 $92,400 $23,200 $69,200
2018 $4,585 $90,000 $19,300 $70,700
2017 $4,402 $84,100 $19,700 $64,400
2016 -- $80,600 $19,100 $61,500
2015 -- $77,200 $37,274 $39,926
2014 -- $71,400 $36,407 $34,993
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 267739

Greater Lansing Association of Realtors®

APN: 20-02-17-121-008