$200,000
SOLD DEC 1, 2017

405 University Dr East Lansing, MI 48823

5 Beds
3 Baths
2,328 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

18% Below List Price

72 Days on Market

Highlights

  • Deck
  • Sun or Florida Room
  • Formal Dining Room
  • Glencairn School Rated A
  • Covered Patio or Porch
  • Living Room

About This Home

As of October 2022

Welcome home to this grand 2 ½ story Colonial in the heart of Chesterfield Hills subdivision. This charming home sits on 2 lots, and has a large fenced in back yard. The hardwood floors, on the both the first two floors, were recently professionally redone by Beckner Floors and are gleaming. The third floor is completely finished and usable with two built-in single beds cubbies, knotty pine paneling, built in study areas, and even has a half bath. The second floor has 4 good sized bedrooms, plus a sitting area, all with excellent natural light, and a tiled full bath with shower unit. The home is in East Lansing’s Historic District! Other features to look for: The doorway to roof over three season room; the 3 season room features Slate flooring and a half wall of windows looking out onto spacious backyard; Full basement with rec. room side and utility side where the washer/dryer hookups can be found; High efficiency furnace with central air; The roof over the house, the breezeway and the garage was redone about 5 years ago; there is a Half bath on the first and third floors, and 1 full bath on the second floor; The Fireplace in the living room is wood burning; the 100 amp electrical panel has been updated; Low maintenance Aluminum siding; and as a rare novelty, the Mail is delivered to your front mail slot!! Fresh front plantings and landscape features.
This wonderful home is an estate situation, therefore would be perfect for a large family who might be looking to remodel to their own tastes. A wall covering project and a complete kitchen remodel await the project oriented homeowner, as the previous owner whom lived there for many years, had always intended to redo but never got around to it. A newer section of drywall can be seen in the living room where the main plumbing stack was replaced in 2017. Potential buyers must be willing to see the immense potential in this large charming home. The home is priced to reflect the need for updates.

Last Agent to Sell the Property

Dave Ledebuhr

Musselman Realty Company License #6502109685 Listed on: 09/06/2017

Last Buyer's Agent

Tim Sabrosky

RE/MAX Real Estate Professionals License #6501389687

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 100 x 94
  • East Facing Home

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,328 Sq Ft Home
  • 2.5-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Breezeway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Chesterfield Hills Subdivision

Listing and Financial Details

  • Probate Listing

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 17
  • Levels: Two and One Half
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1925
  • Lot Size Acres: 0.22
  • Lot Size: 100 x 94
  • Subdivision Name: Chesterfield Hills
  • Above Grade Finished Sq Ft: 2328.0
  • Living Area: 2328.0
  • General Property Info:Lot Size Dimensions: 100 x 94
  • General Property Info:Above Grade Finished Area: 2328.0
  • General Property Info:Total Livable Area: 2328.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Half Baths 3: 1
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Cooling:Central Air: Yes
  • Improvements:Formal Dining Room: Yes
  • Improvements:Three Seasons Room: Yes
  • Improvements:Breezeway: Yes
  • Levels:Two and One Half: Yes
  • General Property Info:Building Area Total SqFt: 3278.0
  • Special Listing Cond:Probate Listing: Yes
  • General Property Info:Front Door: East
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Entrance Foyer
  • Total Bedrooms: 5
  • Room: 11
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: Third
  • Other Level: First
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Community Features:Curbs: Yes
  • Community Features:Sidewalks: Yes
  • Interior Features:Entrance Foyer: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Cooling: Central Air
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8007.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2023
Sold by
Imhoff Eric and Imhoff Summer
Bought by
Eric And Summer Imhoff Revocable Living Trust
Current Estimated Value
$490,600

Purchase Details

Listed on
Jul 22, 2022
Closed on
Oct 3, 2022
Sold by
Oppenhuizen Mark A
Bought by
Imhoff Eric and Imhoff Summer
Seller's Agent
Tim Sabrosky
RE/MAX Real Estate Professionals
Buyer's Agent
Michelle Lycos
RE/MAX Real Estate Professionals
List Price
$439,500
Sold Price
$440,000
Premium/Discount to List
$500
0.11%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$396,000
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2021
Sold by
Oppenhuizen Mark A and Oppenhuizen Kathy C
Bought by
Oppenhuizen Mark A and Oppenhuizen Kathy C

Purchase Details

Listed on
Sep 6, 2017
Closed on
Dec 1, 2017
Sold by
Holmes Glazier Susan A
Bought by
Oppenhuizen Mark A and Oppenhuizen Kathy C
Seller's Agent
Dave Ledebuhr
Musselman Realty Company
Buyer's Agent
Tim Sabrosky
RE/MAX Real Estate Professionals
List Price
$245,000
Sold Price
$200,000
Premium/Discount to List
-$45,000
-18.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%

Purchase Details

Closed on
Dec 9, 2014
Sold by
Holmes Russell E
Bought by
The Russell E Holmes Living Trust

Purchase Details

Closed on
Apr 1, 1979
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $440,000 --
Interfamily Deed Transfer -- None Available
Warranty Deed $200,000 Transnation Title Agency
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $82,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $396,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $440,000 +0.1% $161 / Sq Ft
08/06/2022 08/06/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $439,500 +119.8% $161 / Sq Ft
12/01/2017 12/01/17 Sold $200,000 -11.1% $86 / Sq Ft
11/01/2017 11/01/17 Price Changed $225,000 -4.3% $97 / Sq Ft
09/20/2017 09/20/17 Price Changed $235,000 -4.1% $101 / Sq Ft
09/06/2017 09/06/17 For Sale $245,000 -- $105 / 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 $9,882 $197,200 $45,000 $152,200
2024 $82 $180,900 $43,300 $137,600
2023 $9,229 $167,200 $42,500 $124,700
2022 $9,595 $154,500 $39,600 $114,900
2021 $9,395 $143,900 $36,700 $107,200
2020 $9,286 $132,000 $34,100 $97,900
2019 $8,956 $124,600 $33,900 $90,700
2018 $9,531 $119,100 $34,500 $84,600
2017 $8,015 $114,400 $32,700 $81,700
2016 -- $112,800 $33,400 $79,400
2015 -- $106,100 $63,724 $42,376
2014 -- $98,900 $62,839 $36,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 219815

Greater Lansing Association of Realtors®

APN: 20-01-13-117-015