NOT LISTED FOR SALE

515 Lexington Ave East Lansing, MI 48823

Estimated Value: $187,000 - $215,000

3 Beds
1 Bath
980 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 06, 2014

Last sale price $97,000 $99 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,402/month

26 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Covered patio or porch
  • Marble Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Cooling Available

About This Home

As of August 2014

Great cape cod with lots of living space. Wonderful location - close to campus, shopping, restaurants, and bus line. Nice backyard with lots of room and a storage shed. Refinished kitchen cabinets and neutral countertop. Hardwood floors in spacious living room. Two bedrooms on the first floor with a full bath. Built-in cupboards and drawers in 3rd bedroom upstairs. Lots of storage in the lower level and a paneled rec room. Tons of updates: high efficiency furnace; high efficiency hot water tank; shower fixtures; toilet; smoke alarms/co detectors; programmable thermostat; storage shed; driveway/walkway replacement (East Lansing Qualified 3+ spaces); front porch/deck (8x12); sump pump; electrical upgrade/fuse box; windows.

Last Agent to Sell the Property

Nancy Petroff

Coldwell Banker Professionals -Okemos License #6506040303 Listed on: 07/28/2014

Coldwell Banker Professionals -Okemos

Last Buyer's Agent

John Sharpe

Schroeder Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x127

Parking

  • No Garage

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 980 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Gas Water Heater
  • Satellite Dish

Community Details

  • Avondale Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 13
  • Year Built: 1956
  • Lot Size Acres: 0.12
  • Lot Size: 40X127
  • Subdivision Name: Avondale
  • Above Grade Finished Sq Ft: 980.0
  • Architectural Style: Cape Cod
  • Living Area: 980.0
  • General Property Info:Lot Size Dimensions: 40X127
  • General Property Info:Above Grade Finished Area: 980.0
  • General Property Info:Total Livable Area: 980.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Shed(s): Yes
  • Architectural Style:Cape Cod: Yes
  • General Property Info:ECO Friendly Features: No
  • Cooling:Exhaust Fan: Yes
  • Other Equipment:Satellite Dish: Yes
  • Exterior:Wood Siding: Yes
  • General Property Info:Building Area Total SqFt: 1960.0
  • Special Features: VirtualTour

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s)
  • Total Bedrooms: 3
  • Room: 5
  • Property Type: Residential
  • Other Equipment: Satellite Dish
  • Bedroom 3 Level: Second
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • OtherStructures: Shed(s)
  • Patio And Porch Features: Covered, Deck
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Wood Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater, Range, Oven
  • Cooling: Exhaust Fan
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2683.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2014
Closed on
Aug 6, 2014
Sold by
Mauro Justin J and Mauro Katharine Davis
Bought by
Marx Matthew R and Diaz Alexander T
Seller's Agent
Nancy Petroff
Coldwell Banker Professionals -Okemos
Buyer's Agent
John Sharpe
Schroeder Realty
List Price
$107,000
Sold Price
$97,000
Premium/Discount to List
-$10,000
-9.35%
Total Days on Market
26
Current Estimated Value
$204,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,625
Avg. Annual Appreciation
7.13%

Purchase Details

Closed on
Oct 8, 2013
Sold by
Mauro Justin J
Bought by
Mauro Justin J and Mauro Katharine Davis

Purchase Details

Closed on
Apr 17, 2009
Sold by
Johnson Patricia A
Bought by
Mauro Justin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,641
Interest Rate
5.05%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 1975
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 Buyer Sale Price Title Company
Marx Matthew R -- Tri County Title Agency Llc
Mauro Justin J -- None Available
Mauro Justin J -- None Available
-- $24,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mauro Justin J $0
Previous Owner Mauro Justin J $73,641
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2014 08/06/14 Sold $97,000 -9.3% $99 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $107,000 -- $109 / 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
2024 -- $72,800 $16,400 $56,400
2023 $3,030 $63,400 $14,500 $48,900
2022 $2,903 $59,900 $13,100 $46,800
2021 $2,853 $56,500 $11,600 $44,900
2020 $2,822 $54,500 $11,900 $42,600
2019 $2,707 $52,100 $13,500 $38,600
2018 $2,960 $51,800 $12,900 $38,900
2017 $2,841 $51,400 $14,600 $36,800
2016 -- $48,800 $14,500 $34,300
2015 -- $46,300 $28,000 $18,300
2014 -- $43,900 $27,800 $16,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 60937

Greater Lansing Association of Realtors®

APN: 20-02-18-220-012