NOT LISTED FOR SALE

417 Bailey St East Lansing, MI 48823

Estimated Value: $325,000 - $407,000

5 Beds
2 Baths
1,745 Sq Ft
$202/Sq Ft Est. Value

Last Sold December 01, 2017

Last sale price $305,500 $175 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,224/month

Highlights

  • Main Floor Primary Bedroom
  • Living Room
  • Dining Room
  • Marble Elementary School Rated A-
  • Forced Air Heating System
  • 3-minute walk to Bailey Park

About This Home

As of December 2017

This home is located at 417 Bailey St, East Lansing, MI 48823 since 20 October 2017 and is currently estimated at $352,895, approximately $202 per square foot. This property was built in 1923. 417 Bailey St is a home located in Ingham County with nearby schools including Marble Elementary School, MacDonald Middle School, and East Lansing High School.

Last Agent to Sell the Property

James Kost

Coldwell Banker Professionals-E.L. License #6502353412 Listed on: 10/20/2017

Coldwell Banker Professionals-E.L.

Last Buyer's Agent

Dave Ledebuhr

Musselman Realty Company License #6502109685

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 45x140

Parking

  • Private Parking

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,745 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Strathmore Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Investment
  • Tax Year: 2016
  • Levels: Two
  • Year Built: 1923
  • Lot Size Acres: 0.15
  • Lot Size: 45x140
  • Subdivision Name: Strathmore
  • Above Grade Finished Sq Ft: 1745.0
  • Living Area: 1745.0
  • General Property Info:Lot Size Dimensions: 45x140
  • General Property Info:Above Grade Finished Area: 1745.0
  • General Property Info:Total Livable Area: 1745.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Levels:Two2: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Exterior:Wood Siding: Yes
  • General Property Info:Building Area Total SqFt: 2818.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 5
  • Room: 9
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: Second
  • Full Bathrooms: 2
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Community Features:Curbs: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Roof: Shingle
  • Home Warranty: No
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Private
  • Attached Garage: No
  • Parking Features:Private6: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Washer, Refrigerator, Range, Electric Oven, Dryer, Dishwasher
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Curbs

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 4402
  • Tax Annual Amount: 8100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2017
Closed on
Dec 1, 2017
Sold by
Asher Student Foundation
Bought by
Reynolds Steven and Sevegney Reynolds Allison
Seller's Agent
James Kost
Coldwell Banker Professionals-E.L.
Buyer's Agent
Dave Ledebuhr
Musselman Realty Company
List Price
$275,000
Sold Price
$305,500
Premium/Discount to List
$30,500
11.09%
Current Estimated Value
$352,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,395
Avg. Annual Appreciation
2.34%
Original Mortgage
$244,400
Outstanding Balance
$208,154
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$158,221

Purchase Details

Closed on
Jan 18, 2000
Sold by
Andrews Grace M
Bought by
Tesseris Spiro N and Tesseris Sophia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 1995
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 Buyer Sale Price Title Company
Reynolds Steven $305,500 Tri County Title Agency Llc
Tesseris Spiro N $85,000 --
Asher Student Foundation $178,000 --
-- $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Steven $244,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2017 12/01/17 Sold $305,500 +11.1% $175 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
10/17/2017 10/17/17 For Sale $275,000 -- $158 / 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 $10,862 $163,000 $20,300 $142,700
2024 -- $159,400 $18,800 $140,600
2023 $10,193 $148,000 $16,600 $131,400
2022 $9,752 $132,300 $15,000 $117,300
2021 $9,588 $128,600 $13,300 $115,300
2020 $9,609 $128,600 $13,600 $115,000
2019 $9,384 $128,600 $15,500 $113,100
2018 $9,987 $124,800 $14,800 $110,000
2017 $8,398 $121,200 $16,700 $104,500
2016 -- $118,800 $16,600 $102,200
2015 -- $114,200 $32,078 $82,122
2014 -- $114,200 $31,849 $82,351
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 221048

Greater Lansing Association of Realtors®

APN: 20-02-18-132-011