$165,000
SOLD OCT 2, 2024

503 Cornell Ave East Lansing, MI 48823

2 Beds
1 Bath
712 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$232 Per Sq Ft

99,900% Above List Price

1 Day on Market

Highlights

  • Deck
  • Ground Level Unit
  • Porch
  • Marble Elementary School Rated A-
  • No HOA
  • 3-minute walk to Stoddard Park

About This Home

As of October 2024

This home is located at 503 Cornell Ave, East Lansing, MI 48823 and is currently priced at $165,000, approximately $231 per square foot. This property was built in 1943. 503 Cornell Ave 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

Marianne Tucker

The Brand Real Estate License #6501437379 Listed on: 09/03/2024

Last Buyer's Agent

Marianne Tucker

The Brand Real Estate License #RCO-6501437379

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1943

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00 x 135.00

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 712 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Avondale Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33200218216014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,799

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 Story
  • Year Built: 1943
  • State Equalized Value: 55000.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 712
  • Total Sq Ft: 712
  • Sq Ft Total Bsmt: 224

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Wood
  • Foundation Materials: Block
  • Frontage Feet: 135
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: East Lansing

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00 x 135.00
  • Parcel Number: 33200218216014

Tax Info

  • Tax Amount Summer: 3369.0000
  • Tax Amount Winter: 430.0000
  • Total Tax: 3799.0000
  • Taxable Value: 51765.0000

MLS Schools

  • School District: East Lansing

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Oct 1, 2024
Sold by
Tucker Jocelyn
Bought by
Tucker Jocelyn and Brothers Scot
Seller's Agent
Marianne Tucker
The Brand Real Estate
Buyer's Agent
Marianne Tucker
The Brand Real Estate
List Price
$165
Sold Price
$165,000
Premium/Discount to List
$164,835
99900%
Total Days on Market
1
Views
10
Current Estimated Value
$167,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,245
Avg. Annual Appreciation
1.31%
Original Mortgage
$132,000
Outstanding Balance
$131,215
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$35,185

Purchase Details

Closed on
Nov 11, 2020
Sold by
Tucker Marianne and Tucker Kenneth
Bought by
Tucker Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2020
Closed on
Jul 16, 2020
Sold by
Sims Peter D and Sims Janette M
Bought by
Tucker Marianne and Tucker Kenneth
Seller's Agent
Rob Buffington
White Pine Sotheby's International Realty
Buyer's Agent
Rob Buffington
White Pine Sotheby's International Realty
List Price
$110,000
Sold Price
$121,000
Premium/Discount to List
$11,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%

Purchase Details

Closed on
Sep 30, 2014
Sold by
Laakko Amber R and Doherty Amber R
Bought by
Sims Peter D and Sims Janette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2007
Sold by
Doherty Amber R
Bought by
Doherty Amber R and Laakko Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,547
Interest Rate
6.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 2, 2006
Sold by
Carlisle Robert P and Meyer Cheryl L
Bought by
Doherty Amber R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,625
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1992

Purchase Details

Closed on
Nov 1, 1986

Purchase Details

Closed on
Dec 1, 1982
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Element Title
Warranty Deed $165,000 Element Title
Interfamily Deed Transfer -- None Available
Warranty Deed $121,000 None Available
Vendors Lien $100,000 Tri County Title Agency Llc
Interfamily Deed Transfer -- Midstate
Warranty Deed $97,500 Tri Title Agency Llc
Deed $40,600 --
Deed $31,000 --
Deed $28,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $132,000 New Conventional
Previous Owner $82,500 New Conventional
Previous Owner $80,000 New Conventional
Previous Owner $96,547 Stand Alone Refi Refinance Of Original Loan
Previous Owner $92,625 Purchase Money Mortgage
Previous Owner $28,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2024 10/02/24 Sold $165,000 0.0% $232 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
09/03/2024 09/03/24 Price Changed $165,000 +99900.0% $232 / Sq Ft
09/03/2024 09/03/24 For Sale $165 -99.9% $0 / Sq Ft
07/16/2020 07/16/20 Sold $121,000 +10.0% $170 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $110,000 -- $154 / 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 $35 $59,700 $16,400 $43,300
2023 $3,798 $55,000 $14,500 $40,500
2022 $3,634 $49,300 $13,100 $36,200
2021 $3,579 $48,000 $11,600 $36,400
2020 $3,586 $48,000 $11,900 $36,100
2019 $3,916 $56,800 $13,500 $43,300
2018 $4,167 $55,100 $12,900 $42,200
2017 $4,020 $54,500 $14,600 $39,900
2016 -- $54,500 $14,500 $40,000
2015 -- $50,400 $28,000 $22,400
2014 -- $35,000 $27,800 $7,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240064896

Realcomp

APN: 20-02-18-216-014