NOT LISTED FOR SALE

502 N Hagadorn Rd East Lansing, MI 48823

Estimated Value: $243,000 - $296,000

5 Beds
2 Baths
864 Sq Ft
$312/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $185,000 $214 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,479/month

16 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Stainless Steel Appliances
  • Marble Elementary School Rated A-
  • No HOA
  • Enclosed patio or porch

About This Home

As of February 2020

Perfect investment opportunity in EL. Located directly on CATA’s bus line and down the street from MSU’s campus. Currently bringing in $1,800/month, at just over 1700 sq ft, this 5 bed/2 bath is licensed for 4 unrelated. The main floor features all hardwood floors in living room and 3 bedrooms, remodeled kitchen (2016) w/ Stainless Steel appliances, ample cabinet space, updated backsplash, countertops, ceramic floors, and remodeled bathroom. Downstairs has a bonus living room/recreation room with a walk-out door, 2 bedrooms with egress windows, laundry room, and a full bath split into a lavatory w/ shower room across the hall. Front porch extends to a wrap-around deck to the large back yard, and bonus Florida room with a bar. 5 yr old roof, 4 yr old central air unit, and sump pump installed in Jan 2020. Tenant occupied—requires minimum of 24 hour notice to show. No sign on property.

Last Agent to Sell the Property

Kim Nguyen

Crown Real Estate Group License #6501413482 Listed on: 01/29/2020

Last Buyer's Agent

Jill Penna

Moving The Mitten RE Group Inc License #6501388617

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954 | Remodeled in 2016

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 57.00x144.00

Home Design

  • 864 Sq Ft Home
  • Ranch Style House
  • Split Level Home
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Free-Standing Electric Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Enclosed patio or porch

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 33200217112003

Community Details

Overview

  • No Home Owners Association
  • Grandview Sub No 1 Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1954 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch, Split Level
  • Architecture Level: 1 Story
  • Assessment: 232.23
  • Year Built: 1954
  • State Equalized Value: 79300.0000
  • Year Renovated: 2016
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Cats OK | Dogs OK
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 12
  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Daylight, Partially Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Free-Standing Electric Oven, Free-Standing Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer
  • Sq Ft Combined: 1564
  • Sq Ft Lower Floor: 700
  • Total Sq Ft: 864
  • Sq Ft Total Bsmt: 864

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 57
  • Porch Type: Deck, Patio, Porch - Enclosed
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: East Lansing

Lot Info

  • List Price per Acre: 1025789.4737
  • Lot Size Area: 0.19
  • Lot Dimensions: 57.00X144.00
  • Parcel Number: 33200217112003

Tax Info

  • Tax Amount Summer: 5082.5700
  • Tax Amount Winter: 634.9300
  • Total Tax: 5717.5000
  • Taxable Value: 78848.0000

MLS Schools

  • School District: East Lansing

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Feb 28, 2020
Sold by
Mid American Investments Llc
Bought by
Treder Jeffery and Treder Grant
Seller's Agent
Kim Nguyen
Crown Real Estate Group
Buyer's Agent
Jill Penna
Moving The Mitten RE Group Inc
List Price
$194,900
Sold Price
$185,000
Premium/Discount to List
-$9,900
-5.08%
Current Estimated Value
$269,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,451
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
May 20, 2016
Sold by
Palmer Adam
Bought by
Mid Amercan Invertments Llc

Purchase Details

Listed on
Apr 8, 2015
Closed on
Apr 1, 2015
Sold by
Rybicki Michael A and Rybicki Michael A
Bought by
Palmer Adam
Seller's Agent
Rob Buffington
White Pine Sotheby's International Realty
Buyer's Agent
Brian Puffenberger
EXIT Realty Home Partners
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%

Purchase Details

Closed on
Dec 12, 2008
Sold by
Dowrick Todd K and Dowrick Sandy L
Bought by
Rybicki Michael A and Rybicki Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,050
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 1997
Sold by
Prentler David
Bought by
Dowrick Todd K and Dowrick Sandy L

Purchase Details

Closed on
Jun 1, 1991

Purchase Details

Closed on
Jun 1, 1987

Purchase Details

Closed on
Sep 1, 1983
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
Treder Jeffery $185,000 First Title & Escrow Inc
Mid Amercan Invertments Llc -- None Available
Palmer Adam $155,000 Tri Title Agency Llc
Rybicki Michael A $160,000 Tri Title Agency Llc
Dowrick Todd K $82,200 --
-- $69,900 --
-- $57,000 --
-- $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mid American Investments Llc $250,000
Previous Owner Rybicki Michael A $139,050
Previous Owner Dowrick Todd K $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $185,000 -5.1% $214 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $194,900 +25.7% $226 / Sq Ft
04/03/2015 04/03/15 Sold $155,000 0.0% $90 / Sq Ft
04/03/2015 04/03/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $155,000 -- $90 / Sq Ft
Source: Realcomp

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
2024 $51 $123,000 $19,700 $103,300
2023 $5,755 $112,200 $16,900 $95,300
2022 $5,514 $99,300 $14,600 $84,700
2021 $5,446 $96,600 $13,900 $82,700
2020 $4,543 $96,600 $13,900 $82,700
2019 $6,025 $79,300 $15,100 $64,200
2018 $6,229 $77,000 $10,900 $66,100
2017 $6,057 $76,200 $11,100 $65,100
2016 -- $76,200 $10,700 $65,500
2015 -- $70,700 $19,597 $51,103
2014 -- $70,700 $19,597 $51,103
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200007792

Realcomp

APN: 20-02-17-112-003