NOT LISTED FOR SALE

423 Bailey St East Lansing, MI 48823

Estimated Value: $329,000 - $390,000

5 Beds
3 Baths
2,592 Sq Ft
$137/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $232,500 $90 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,555/month

25 Days on Market

Highlights

  • Deck
  • Whirlpool Bathtub
  • Great Room
  • Marble Elementary School Rated A-
  • 2 Fireplaces
  • Screened Porch

About This Home

As of May 2020

Awesome income opportunity for an MSU student or A wonderful single-family home. Valid Class 2 license which allows owner of a single family dwelling to rent or lease 2 or more rooms . Visit EL City Website for description. Home has 3 leases currently through May 2020. This adorable updated 5 bedroom 3 full bath home has many great features. A large kitchen with newer appliances with eat-in nook and pantry. You will enjoy the screened in porch with detached garage. This home does not show like a rental. Owner has taken great pride in the home and you will find beautiful design features like custom built-ins, wainscot in the dining room and hardwood floors. Please call to schedule your private tour today!

Last Agent to Sell the Property

Rob Buffington

White Pine Sotheby's International Realty License #6506044394 Listed on: 02/10/2020

Co-Listed By

Carrie Bond

White Pine Sotheby's International Realty License #6506048244

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,013

Year Built

  • Built in 1937 | Remodeled

Lot Details

  • 6,316 Sq Ft Lot
  • Lot Dimensions are 45x140
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Entrance Foyer
  • Great Room
  • Living Room
  • Formal Dining Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Bailey's Addition Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,013

Year Built

Built in 1937 | 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: First
  • Property Conditions Updated Remodeled: Yes
  • Current Use: Rental, Primary, Investment
  • Tax Year: 2019
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1937
  • Fireplaces: 2
  • Lot Size Acres: 0.15
  • Lot Size: 45X140
  • Co List Office Mls Id: 340
  • Co List Office Phone: 517-351-3617
  • Subdivision Name: Bailey's Addition
  • Above Grade Finished Sq Ft: 2092.0
  • Living Area: 2592.0
  • New Construction: No
  • General Property Info:Lot Size Dimensions: 45X140
  • General Property Info:Above Grade Finished Area: 2092.0
  • General Property Info:Total Livable Area: 2592.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Full Baths B: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • Improvements:Formal Dining Room: Yes
  • Improvements:Great Room: Yes
  • Improvements:Whirlpool Bathtub: Yes
  • Fencing:Fenced: Yes
  • Percent Basement Finished: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 2982.0
  • Special Features: VirtualTour

Interior Features

  • Basement: Daylight, Finished, Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Entrance Foyer, High Speed Internet, Laminate Counters, Pantry, Stove Hookup - Electric
  • 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: 3
  • Below Grade Sq Ft: 500.0
  • Fireplaces: 2
  • Fireplace: Yes
  • Full Basement: Yes
  • Basement:Daylight: Yes
  • Community Features:Curbs: Yes
  • Community Features:Sidewalks: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Deck, Porch, Screened
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Block
  • Property Condition: Updated/Remodeled
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Screened: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Microwave, Washer, Refrigerator, Range, Electric Water Heater, Electric Oven, Dryer, Dishwasher
  • Cooling: Central Air
  • LaundryFeatures: Gas Dryer Hookup
  • SecurityFeatures: Smoke Detector(s)
  • 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: 6316.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5013.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2024
Sold by
Pimer Cara
Bought by
Pimer Haley and Pimer Cara
Current Estimated Value
$354,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2024
Sold by
Gough Anthony and Gough Liam Anthony
Bought by
Pimer Cara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2020
Closed on
May 29, 2020
Sold by
Stasel Judith and Kramer Alana
Bought by
Gough Anthony and Gough Monika
Seller's Agent
Rob Buffington
White Pine Sotheby's International Realty
Buyer's Agent
Non Member
Non Member Office
List Price
$234,900
Sold Price
$232,500
Premium/Discount to List
-$2,400
-1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%

Purchase Details

Closed on
Dec 13, 2013
Sold by
Baldwin David J
Bought by
Stasel Judith and Kramer Alana

Purchase Details

Closed on
May 8, 2009
Sold by
Baldwin Susan Olin
Bought by
Baldwin David J

Purchase Details

Closed on
Feb 5, 2009
Sold by
Langlois Lindsey A and Langlois Joel
Bought by
Baldwin David J and Baldwin Susan Olin

Purchase Details

Closed on
Sep 1, 2006
Sold by
Armstrong Michael J and Armstrong Robert M
Bought by
Langlois Lindsey A and Langlois Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2003
Sold by
Clark Barbara J
Bought by
Armstrong Robert M and Armstrong Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
4.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2003
Sold by
Clark Raymond Lee
Bought by
Clark Barbara Jeanne

Purchase Details

Closed on
Jul 17, 2002
Sold by
Staser Carl W and Staser Helen T
Bought by
Clark R Lee and Clark Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,740
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1992

Purchase Details

Closed on
Jun 1, 1977
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
Pimer Haley -- Michigan Title Insurance Agenc
Pimer Cara $320,000 Michigan Title Insurance Agenc
Gough Anthony $232,500 None Available
Stasel Judith $179,900 Tri County Title Agency Llc
Baldwin David J -- None Available
Baldwin David J $206,000 Tri County Title Agency Llc
Langlois Lindsey A $220,000 Transnation Title
Armstrong Robert M $220,000 Metropolitan Title Okemos
Clark Barbara Jeanne -- --
Clark R Lee $208,000 Midstate Title Company
-- $122,500 --
-- $48,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pimer Cara $242,250
Previous Owner Baldwin David J $200,000
Previous Owner Langlois Lindsey A $176,000
Previous Owner Armstrong Robert M $176,000
Previous Owner Clark R Lee $208,740
Previous Owner Staser Carl W $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $232,500 -1.0% $90 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $234,900 -- $91 / 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 $7,513 $168,800 $20,300 $148,500
2024 $63 $156,600 $18,800 $137,800
2023 $6,607 $130,200 $16,600 $113,600
2022 $6,723 $123,600 $15,000 $108,600
2021 $6,607 $117,200 $13,300 $103,900
2020 $5,227 $108,900 $13,600 $95,300
2019 $5,013 $101,800 $15,500 $86,300
2018 $5,482 $103,800 $14,800 $89,000
2017 $5,262 $100,700 $16,700 $84,000
2016 -- $95,000 $16,600 $78,400
2015 -- $89,800 $32,078 $57,722
2014 -- $84,400 $31,849 $52,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 244111

Greater Lansing Association of Realtors®

APN: 20-02-18-132-010