$439,900
PENDING

423 Bailey St East Lansing, MI 48823

Estimated payment $2,935/month

Total Views 1,864
5 Beds
3 Baths
2,092 Sq Ft
$210 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • Breakfast Area or Nook
  • Marble Elementary School Rated A-
  • No HOA
  • 2 Car Detached Garage

About This Home

Come see this 5 Bedroom, 3 Full Bath Very Nice Colonial in the Desirable Bailey Park Sub. This house has such a great layout and plenty of space to enjoy and entertain. The main floor has a spacious living room, dining room, kitchen, breakfast nook, full bathroom, and a spare room that leads to the screened in patio. The 2nd Floor offers 4 very spacious bedrooms, plenty of closet and storage space, and another full bath. The top floor offers the 5th bedroom and sitting area. The basement is finished adding another living area/entertaining space, a full bath, laundry, and great storage areas. This home has recently been updated with neutral paint throughout, all new lighting, refinished hardwood floors, new carpet throughout, appliances, new front door, new side door, and the full bath has a new shower/tub surround. HVAC 2019. This is move in ready and a perfect home for college students or a big family. 2 Car detached garage and plenty of parking with the long driveway and extra parking pad. Home is owner occupied and has a Class II rental license. The home is in a perfect location so close to MSU Campus, and offers the opportunity to earn extra rental income. Don't miss this one! Schedule your showing today!

Listing Agent

Cara Pimer

Source Realty LLC License #6501415168 Listed on: 03/01/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1937

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 45x140

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Metal Siding

Interior Spaces

  • 2,092 Sq Ft Home
  • 3-Story Property
  • Breakfast Area or Nook
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Strathmore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 200218132010

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,241

Year Built

Built in 1937

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Year Built: 1937
  • State Equalized Value: 168800.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished
  • Total Sq Ft: 2092

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Metal Siding
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.14
  • Lot Dimensions: 45X140
  • Parcel Number: 200218132010

Tax Info

  • Tax Amount Summer: 6197.0000
  • Tax Amount Winter: 1044.0000
  • Total Tax: 7241.0000
  • Taxable Value: 168800.0000

MLS Schools

  • School District: East Lansing

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2026 03/15/26 Pending -- -- --
03/01/2026 03/01/26 For Sale $439,900 +89.2% $210 / Sq Ft
05/29/2020 05/29/20 Sold $232,500 -1.0% $90 / Sq Ft View Prior Sale
03/06/2020 03/06/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $234,900 -- $91 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Michigan Title Insurance Agenc
Warranty Deed $320,000 Michigan Title Insurance Agenc
Warranty Deed $232,500 None Available
Warranty Deed $179,900 Tri County Title Agency Llc
Interfamily Deed Transfer -- None Available
Warranty Deed $206,000 Tri County Title Agency Llc
Warranty Deed $220,000 Transnation Title
Warranty Deed $220,000 Metropolitan Title Okemos
Interfamily Deed Transfer -- --
Warranty Deed $208,000 Midstate Title Company
Deed $122,500 --
Deed $48,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $242,250 New Conventional
Previous Owner $176,000 Purchase Money Mortgage
Previous Owner $176,000 Purchase Money Mortgage
Previous Owner $208,740 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Cara Pimer
Cara Pimer

Source Realty LLC

(517) 684-0235

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View Cara's Profile

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Source: Realcomp

MLS Number: 20261012475

Realcomp

APN: 20-02-18-132-010

Michigan Ingham County East Lansing 48823

423 Bailey St, East Lansing, MI

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Cara Pimer
Cara Pimer
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Source Realty LLC
(517) 684-0235
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