NOT LISTED FOR SALE

515 University Dr East Lansing, MI 48823

Estimated Value: $365,000 - $531,000

3 Beds
1.5 Baths
2,070 Sq Ft
$200/Sq Ft Est. Value

Last Sold February 12, 2015

Last sale price $242,000 $117 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,838/month

Highlights

  • Deck
  • Cathedral Ceiling
  • 2 Fireplaces
  • Glencairn School Rated A
  • Main Floor Bedroom
  • Covered Patio or Porch

About This Home

As of February 2015

*******Welcome to 515 University Drive*******You are sure to fall in love with this Glencairn gem from the minute you enter the front door! Storybook charm and character with fantastic updates and amenities abound. The welcoming front entry foyer with original 1920's tile opens into the expansive living room with warm hardwood flooring, cove mouldings and a beautiful fireplace. Other first floor features include a lovely formal dining room, absolutely perfect home office/den tucked at the back of the house for quiet studying or work and built-in bookshelves. There is also a first floor family room addition with vaulted ceilings and access to the fenced backyard. The kitchen is a cook's dream with lots of cupboard and counter space, nice appliances and a separate breakfast room. There is so a first floor bedroom with easy access to the half bathroom. Upstairs you will find a wonderful landing with built-in shelving, two spacious bedrooms and a full bathroom with vintage tile. The partially finished lower level offers a second fireplace, egress window and loads of extra storage. Other features include a detached garage, new roof, new windows and much more. The location is just ideal - only minutes to campus but tucked away on tree-lined University Drive in East Lansing's highly desirable Glencairn neighborhood. Be sure to check out this wonderful home today - you will want to make it your own!

Last Agent to Sell the Property

Martha Bashore

Coldwell Banker Realty -Stadium License #6506038564 Listed on: 01/20/2015

Last Buyer's Agent

Peter MacIntyre

RE/MAX Real Estate Professionals License #6506040989

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,795

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 55.2 x 120
  • Fenced

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,795

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 13
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1930
  • Lot Size Acres: 0.15
  • Lot Size: 55.2 X 120
  • Above Grade Finished Sq Ft: 1770.0
  • Living Area: 2070.0
  • General Property Info:Lot Size Dimensions: 55.2 X 120
  • General Property Info:Above Grade Finished Area: 1770.0
  • General Property Info:Total Livable Area: 2070.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Levels:Two2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Cooling:Central Air: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Brick: Yes
  • Exterior:Stone: Yes
  • Fencing:Fenced: Yes
  • General Property Info:Building Area Total SqFt: 2070.0
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Cathedral Ceiling(s), Entrance Foyer
  • Total Bedrooms: 3
  • Room: 10
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 300.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Basement:Partially Finished: Yes
  • Interior Features:Entrance Foyer: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Fencing: Fenced
  • Patio And Porch Features: Covered, Deck, Patio
  • Home Warranty: No
  • Construction Type: Brick, Stone
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Patio: Yes

Garage/Parking

  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Microwave, Refrigerator, Range, Oven, Dishwasher
  • Cooling: Central Air
  • Utilities: Cable Available
  • 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: 6534.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5795.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2018
Sold by
Thelen Alan D and Thelen Lisa G
Bought by
Thelen Alan D and Thelen Lisa G
Current Estimated Value
$414,002

Purchase Details

Listed on
Jan 20, 2015
Closed on
Feb 10, 2015
Sold by
Moser Jason S and Moser Natalie
Bought by
Thelen Alan
Seller's Agent
Martha Bashore
Coldwell Banker Realty -Stadium
Buyer's Agent
Peter MacIntyre
RE/MAX Real Estate Professionals
List Price
$249,900
Sold Price
$242,000
Premium/Discount to List
-$7,900
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
Aug 14, 2009
Sold by
Edwards Brendan and Edwards Sarah
Bought by
Moser Jason S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,852
Interest Rate
5.29%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 2005
Sold by
Marinig Ivana and Ofarrell Michael J
Bought by
Edwards Brendan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 1, 1996

Purchase Details

Closed on
Apr 1, 1991

Purchase Details

Closed on
Nov 1, 1987
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Thelen Alan D -- None Available
Thelen Alan $242,000 Tri County Title Agency Llc
Moser Jason S $229,000 Tri County Title Agency Llc
Edwards Brendan $255,000 Midstate
-- $166,000 --
-- $136,500 --
-- $102,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moser Jason S $224,852
Previous Owner Edwards Brendan $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2015 02/12/15 Sold $242,000 -3.2% $117 / Sq Ft
02/06/2015 02/06/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $249,900 -- $121 / 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 $7,721 $172,800 $32,700 $140,100
2024 $64 $162,300 $30,500 $131,800
2023 $7,211 $146,200 $27,500 $118,700
2022 $6,909 $135,900 $27,200 $108,700
2021 $6,790 $129,500 $25,500 $104,000
2020 $6,716 $122,800 $25,300 $97,500
2019 $6,441 $117,400 $27,600 $89,800
2018 $7,043 $115,400 $25,800 $89,600
2017 $6,761 $115,100 $25,800 $89,300
2016 -- $110,500 $26,500 $84,000
2015 -- $103,900 $53,000 $50,900
2014 -- $97,100 $52,300 $44,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 66575

Greater Lansing Association of Realtors®

APN: 20-01-13-107-009