NOT LISTED FOR SALE

3531 E Arbutus Dr Okemos, MI 48864

Estimated Value: $336,000 - $383,785

3 Beds
2.5 Baths
1,906 Sq Ft
$192/Sq Ft Est. Value

Last Sold March 02, 2020

Last sale price $213,000 $112 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,740/month

271 Days on Market

Highlights

  • Covered Patio or Porch
  • Formal Dining Room
  • Tile Countertops
  • Hiawatha Elementary School Rated A
  • 2 Car Attached Garage
  • Living Room

About This Home

As of March 2020

PRICED BELOW MARKET VALUE FOR A QUICK SALE! LOVELY OFFERING IN THE POPULAR SIERRA VISTA SUBDIVISION, OKEMOS SCHOOL DISTRICT. BEAUTIFUL SCHROEDER BUILT 3 BEDROOM 2.5 BATH HOME ON A LOVELY CORNER LOT. FORMAL LIVING ROOM AND DINING ROOM WITH HARDWOOD FLOORS. THE SPACIOUS CENTRALLY LOCATED KITCHEN INCLUDES AN INFORMAL EATING AREA WITH DECK ACCESS OVERLOOKING THE BACKYARD. MATURE TREES. OVER-SIZED FAMILY ROOM INCLUDING A FIREPLACE AND A LOVELY BANK OF WINDOWS. LOVELY 2ND FLOOR MASTER SUITE. ENJOY THE LARGE MASTER BATH WITH 2 SKYLIGHTS AND A WALK-IN CLOSET. 2 ADDITIONAL BEDROOMS, BRAND NEW CARPET, AND FULL BATH ROUND OUT THE 2ND FLOOR. 2 CAR ATTACHED GARAGE. COZY COVERED FRONT PORCH. NEWER FURNACE. CLOSE TO SCHOOLS AND HIGHWAY ACCESS.

Last Agent to Sell the Property

Lynne VanDeventer

Coldwell Banker Professionals -Okemos License #6501128440 Listed on: 09/13/2019

Coldwell Banker Professionals -Okemos

Last Buyer's Agent

Francis Vicente

EXIT Realty Home Partners License #6501375766

EXIT Realty Home Partners

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 125x135
  • Northeast Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,906 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Sierra Vista Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2018
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1985
  • Lot Size Acres: 0.41
  • Lot Size: 125x135
  • Subdivision Name: Sierra Vista
  • Above Grade Finished Sq Ft: 1906.0
  • Living Area: 1906.0
  • General Property Info:Lot Size Dimensions: 125x135
  • General Property Info:Above Grade Finished Area: 1906.0
  • General Property Info:Total Livable Area: 1906.0
  • Baths:_pound_Full Baths 2: 2
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Levels:Two2: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Rooms:Family Room2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • General Property Info:ECO Friendly Features: No
  • Improvements:Formal Dining Room: Yes
  • Exterior:Wood Siding: Yes
  • General Property Info:Building Area Total SqFt: 2824.0
  • Fireplace Features:Gas5: Yes
  • General Property Info:Front Door: Northeast
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, High Speed Internet, Tile Counters
  • Total Bedrooms: 3
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Family Room Level: First
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Tile Counters: Yes

Exterior Features

  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered
  • Home Warranty: No
  • Construction Type: Wood Siding, Rough Sawn
  • Direction Faces: Northeast
  • Patio Porch Features:Covered: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Washer, Refrigerator, Oven, Dryer, Dishwasher
  • Cooling: Central Air
  • 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: 18033.84
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 4044
  • Tax Annual Amount: 5457.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2019
Closed on
Feb 28, 2020
Sold by
Tang Ying and Zhang Liuxian
Bought by
Mclaughlin Williams Douglass A and Mclaughlin Williams Jennipher
Seller's Agent
Lynne VanDeventer
Coldwell Banker Professionals -Okemos
Buyer's Agent
Francis Vicente
EXIT Realty Home Partners
List Price
$263,000
Sold Price
$213,000
Premium/Discount to List
-$50,000
-19.01%
Current Estimated Value
$393,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,962
Avg. Annual Appreciation
9.63%
Original Mortgage
$202,350
Outstanding Balance
$179,210
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$186,486

Purchase Details

Listed on
Jul 9, 2015
Closed on
Dec 10, 2015
Sold by
Worthington Sandra J and Jewell Patricia
Bought by
Tang Ying and Zhang Liuxian
Seller's Agent
Miriam Randall-Olsen
Coldwell Banker Professionals -Okemos
Buyer's Agent
Miriam Randall-Olsen
Coldwell Banker Professionals -Okemos
List Price
$192,000
Sold Price
$165,000
Premium/Discount to List
-$27,000
-14.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$132,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 19, 1999
Sold by
Bolas John W and Bolas Julie M
Bought by
Worthington Sandra J and Jewell Edward E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 1997
Sold by
Greene John F and Greene Virginia
Bought by
Bolas John W and Bolas Julie M

Purchase Details

Closed on
Jun 1, 1992
Bought by
Greene
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mclaughlin Williams Douglass A $213,000 Tri County Title Agency Llc
Tang Ying $165,000 Tri County Title Agency Llc
Worthington Sandra J $175,000 --
Bolas John W $155,800 --
Greene $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclaughlin Williams Douglass A $202,350
Previous Owner Tang Ying $132,000
Previous Owner Worthington Sandra J $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2020 03/02/20 Sold $213,000 -0.9% $112 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
12/10/2019 12/10/19 Price Changed $214,900 -4.4% $113 / Sq Ft
11/27/2019 11/27/19 Price Changed $224,900 -2.2% $118 / Sq Ft
09/13/2019 09/13/19 Price Changed $229,900 -4.2% $121 / Sq Ft
07/12/2019 07/12/19 Price Changed $239,900 -4.0% $126 / Sq Ft
06/12/2019 06/12/19 Price Changed $249,900 -5.0% $131 / Sq Ft
05/08/2019 05/08/19 For Sale $263,000 +59.4% $138 / Sq Ft
12/10/2015 12/10/15 Sold $165,000 -8.3% $87 / Sq Ft View Prior Sale
10/30/2015 10/30/15 Pending -- -- --
08/18/2015 08/18/15 Price Changed $179,999 -6.3% $94 / Sq Ft
07/09/2015 07/09/15 For Sale $192,000 -- $101 / 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 $8,399 $201,700 $33,400 $168,300
2024 $37 $180,500 $32,800 $147,700
2023 $7,865 $162,600 $31,400 $131,200
2022 $7,486 $144,300 $27,100 $117,200
2021 $7,375 $140,400 $21,900 $118,500
2020 $5,906 $132,100 $21,900 $110,200
2019 $5,709 $125,800 $22,800 $103,000
2018 $5,428 $113,300 $23,700 $89,600
2017 $5,159 $109,800 $24,500 $85,300
2016 $2,116 $104,500 $24,500 $80,000
2015 $2,116 $100,900 $47,972 $52,928
2014 $2,116 $95,500 $36,151 $59,349
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 236260

Greater Lansing Association of Realtors®

APN: 02-02-34-484-004