NOT LISTED FOR SALE

416 University Dr East Lansing, MI 48823

Estimated Value: $355,000 - $381,000

3 Beds
1.5 Baths
2,438 Sq Ft
$151/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $335,000 $137 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,564/month

13 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Corner Lot
  • Glencairn School Rated A
  • Cathedral Ceiling
  • Great Room

About This Home

As of June 2023

416 University Drive, East Lansing is an exceptional all-brick colonial home that exudes timeless charm and offers a variety of desirable features. The residence boasts a captivating great room adorned with large window/wall doors, providing an abundance of natural light and seamlessly connecting the indoor and outdoor spaces. Step onto the terrace through these doors and enjoy the picturesque views of the surrounding area.

Inside, the home showcases vaulted ceilings that enhance the sense of openness and grandeur. The original woodwork adds a touch of character and elegance, evoking a warm and inviting atmosphere throughout. The quaint fenced-in courtyard offers privacy and serves as a delightful outdoor retreat, perfect for relaxation or entertaining guests.

A detached two-car garage provides convenient parking and additional storage space. The finished basement is a true asset, featuring egress windows that bring in ample daylight. This lower level encompasses a large room, ideal for various purposes, whether it be a recreational area, home office, or media room. Additionally, there is a storage room to help keep belongings organized and easily accessible.

The kitchen has undergone a complete remodel, showcasing exquisite quartz countertops that offer both beauty and durability. With ample storage and cabinetry, there is plenty of space to stow away culinary essentials. The sleek stainless steel appliances add a modern touch, ensuring a delightful cooking and dining experience.

Notably, the home boasts two fireplacesone in the living room and another in the lower levelproviding cozy and inviting focal points during colder months. These fireplaces contribute to the overall ambiance and comfort of the living spaces.

One of the outstanding advantages of this property is its exceptional walkability to the Michigan State University (MSU) campus. This convenient proximity allows for easy access to educational facilities, cultural events, and numerous amenities offered by the university and its surrounding area.

Overall, 416 University Drive offers a captivating blend of classic architectural elements, modern upgrades, and an ideal location near the vibrant MSU campus. It presents an opportunity for comfortable living in a charming and well-appointed home, perfectly suited for those seeking convenience, style, and a close-knit community atmosphere.

Last Agent to Sell the Property

Sheri Gallimore

RE/MAX Real Estate Professionals License #6506042810 Listed on: 06/10/2023

RE/MAX Real Estate Professionals

Last Buyer's Agent

Margaret Gerich

RE/MAX Real Estate Professionals License #650644295

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,219

Year Built

  • Built in 1926 | Remodeled

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 50x100
  • West Facing Home
  • Landscaped
  • Corner Lot
  • Front Yard

Parking

  • 2 Car Detached Garage
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Gym
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Laundry in Basement
  • Basement Window Egress

Outdoor Features

  • Deck
  • Patio

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater
  • High Speed Internet

Community Details

  • Chesterfield Hills Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,219

Year Built

Built in 1926 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Living Room Level: Second
  • Property Conditions Updated Remodeled: Yes
  • Current Use: Primary
  • Tax Year: 2022
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1926
  • Lot Size Acres: 0.25
  • Lot Size: 50X100
  • Subdivision Name: Chesterfield Hills
  • Above Grade Finished Sq Ft: 2085.0
  • Architectural Style: Traditional
  • Living Area: 2438.0
  • New Construction: No
  • General Property Info:Lot Size Dimensions: 50X100
  • General Property Info:Above Grade Finished Area: 2085.0
  • General Property Info:Total Livable Area: 2438.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Levels:Two2: Yes
  • Appliances Refrigerators: Yes
  • Laundry Features:In Basement: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Improvements:Formal Dining Room: Yes
  • Improvements:Great Room: Yes
  • Exterior:Brick: Yes
  • Rooms:Laundry2: Yes
  • Architectural Style:Traditional: Yes
  • Cooling:None8: Yes
  • Tax Info:Zoning3: Residential
  • Rooms:Exercise Room: Yes
  • General Property Info:Building Area Total SqFt: 2814.0
  • Fireplace Features:Gas5: Yes
  • General Property Info:Front Door: West
  • Special Features: VirtualTour

Interior Features

  • Basement: Egress Windows, Full, Partially Finished
  • Heating: Hot Water, Natural Gas
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Natural Woodwork, Recessed Lighting
  • Total Bedrooms: 3
  • Room: 10
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Exercise Room Level: Basement
  • Laundry Level: Basement
  • Other Level: Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 353.0
  • Fireplace Features: Gas, Basement, Living Room
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Basement:Partially Finished: Yes
  • Interior Features:Granite Counters: Yes
  • Appliances:WasherDryer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Natural Woodwork: Yes
  • Basement:Egress Windows: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Recessed Lighting: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Basement4: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: City Lot, Front Yard, Landscaped, Corner Lot
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Deck, Patio
  • Home Warranty: No
  • Construction Type: Brick
  • Direction Faces: West
  • Property Condition: Updated/Remodeled
  • Patio Porch Features:Deck: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Front Yard2: Yes
  • Patio Porch Features:Patio: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Parking Features: Detached, Garage, Garage Faces Side
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage2: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Washer/Dryer, Refrigerator, Oven, Electric Oven, Dishwasher
  • Cooling: None
  • LaundryFeatures: In Basement
  • SecurityFeatures: Smoke Detector(s)
  • Utilities: Natural Gas Available, High Speed Internet Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6219.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2023
Sold by
Pellegrino Collene Lee
Bought by
Pellegrino Dante Lee Michael and Pellegrino Collene Lee
Current Estimated Value
$368,623

Purchase Details

Listed on
Jun 10, 2023
Closed on
Jun 30, 2023
Sold by
Keller Eric and Keller Trisha L
Bought by
Pellegrino Collene
Seller's Agent
Sheri Gallimore
RE/MAX Real Estate Professionals
Buyer's Agent
Margaret Gerich
RE/MAX Real Estate Professionals
List Price
$349,800
Sold Price
$335,000
Premium/Discount to List
-$14,800
-4.23%
Views
136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%

Purchase Details

Listed on
Oct 22, 2020
Closed on
Jun 3, 2021
Sold by
Guenther Joyce E
Bought by
Keller Eric and Keller Trisha L
Seller's Agent
Monique Jost
Berkshire Hathaway HomeServices
Buyer's Agent
Sheri Gallimore
RE/MAX Real Estate Professionals
List Price
$289,500
Sold Price
$260,000
Premium/Discount to List
-$29,500
-10.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.03%
Original Mortgage
$247,000
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Pellegrino Dante Lee Michael -- None Listed On Document
Pellegrino Collene $335,000 Ata National Title
Keller Eric $260,000 Transnation Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keller Eric $247,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $335,000 -4.2% $137 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/10/2023 06/10/23 For Sale $349,800 +34.5% $143 / Sq Ft
06/04/2021 06/04/21 Sold $260,000 -1.7% $125 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/12/2021 04/12/21 Price Changed $264,400 -1.9% $127 / Sq Ft
02/10/2021 02/10/21 Price Changed $269,400 -1.8% $129 / Sq Ft
01/11/2021 01/11/21 Price Changed $274,400 -1.8% $132 / Sq Ft
12/03/2020 12/03/20 Price Changed $279,500 -3.5% $134 / Sq Ft
10/22/2020 10/22/20 For Sale $289,500 -- $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
2025 $7,323 $140,400 $21,900 $118,500
2024 $61 $130,100 $20,300 $109,800
2023 $6,491 $120,500 $18,800 $101,700
2022 $6,219 $112,000 $16,300 $95,700
2021 $4,847 $107,400 $16,300 $91,100
2020 $4,794 $101,300 $16,300 $85,000
2019 $4,597 $96,700 $16,300 $80,400
2018 $5,027 $92,400 $16,300 $76,100
2017 $4,826 $91,200 $16,300 $74,900
2016 -- $89,200 $16,500 $72,700
2015 -- $84,500 $33,000 $51,500
2014 -- $78,000 $32,500 $45,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 273711

Greater Lansing Association of Realtors®

APN: 20-01-13-118-001