NOT LISTED FOR SALE

521 Lexington Ave East Lansing, MI 48823

Estimated Value: $290,000 - $361,000

-- Bed
2 Baths
1,824 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $305,000 $167 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,152/month

176 Days on Market

Highlights

  • 6 Car Detached Garage
  • Front Porch
  • Forced Air Heating System
  • Marble Elementary School Rated A-
  • Laundry Room

About This Home

As of May 2023

6 bedroom 2 bathroom house with ample parking. 1 full sized kitchen on upper floor with 2 sizeable living rooms. In-house washer and dryer available for renters. Available for lease for 2025-26 school year. Located near Michigan State University campus. House is conveniently located near the CATA bus route for easy access to MSU campus. No Pets allowed.

Last Agent to Sell the Property

Lynne VanDeventer

Coldwell Banker Professionals -Okemos License #6501128440 Listed on: 09/27/2022

Coldwell Banker Professionals -Okemos

Last Buyer's Agent

Ray Kruch

Real Estate One 1st License #6506041199

Real Estate One 1st

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,270

Year Built

  • Built in 1963

Lot Details

  • 8,102 Sq Ft Lot
  • Lot Dimensions are 60x135

Home Design

  • 1,824 Sq Ft Home
  • Bi-Level Home
  • Shingle Roof
  • Aluminum Siding

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Car Detached Garage
  • Parking Deck
  • Driveway
  • Additional Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Laundry Room
  • Front Porch

Community Details

  • 2 Units
  • Avondale Subdivision

Listing and Financial Details

  • Total Actual Rent $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,270

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Gross Rent: 21600.0
  • Tax Year: 2021
  • Registered Licenses for Unrelated Occupants: 6
  • Levels: Multi/Split
  • Year Built: 1963
  • Lot Size Acres: 0.19
  • Lot Size: 60x135
  • Subdivision Name: Avondale
  • Above Grade Finished Sq Ft: 1824.0
  • Architectural Style: Bi-Level
  • General Property Info:Lot Size Dimensions: 60x135
  • General Property Info:Above Grade Finished Area: 1824.0
  • Exterior:Aluminum Siding: Yes
  • Electric:_one_00 Amp Service: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Roof:Shingle: Yes
  • Architectural Style:Bi-Level: Yes
  • Laundry Features:Laundry Room: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 6270.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Bi-Level
  • General Property Info:_pound_ of Units: 2
  • Levels:MultiSplit: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walk-Out Access
  • Heating: Forced Air
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Front Porch
  • Construction Type: Aluminum Siding
  • Patio Porch Features:Front Porch: Yes

Garage/Parking

  • Parking Features: Additional Parking, Asphalt, Deck, Detached, Driveway
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Detached: Yes
  • General Property Info:Parking Total: 6
  • Parking Features:Deck2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 100 Amp Service
  • LaundryFeatures: Laundry Room
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 8102.16
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 3610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
May 22, 2023
Sold by
Three Little Piggies Llc
Bought by
Allar Maryann
Seller's Agent
Lynne VanDeventer
Coldwell Banker Professionals -Okemos
Buyer's Agent
Ray Kruch
Real Estate One 1st
List Price
$330,000
Sold Price
$305,000
Premium/Discount to List
-$25,000
-7.58%
Views
344
Current Estimated Value
$334,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,316
Avg. Annual Appreciation
2.49%
Original Mortgage
$228,750
Outstanding Balance
$222,876
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$99,813

Purchase Details

Closed on
Jul 15, 1997
Bought by
The Three Little Piggies
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
Allar Maryann $305,000 None Listed On Document
The Three Little Piggies -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allar Maryann $228,750
Previous Owner The Three Little Piggies Llc $3,000,000
Previous Owner The Three Little Piggies Llc $4,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2025 08/17/25 For Rent $3,600 0.0% --
10/08/2024 10/08/24 Off Market $3,600 -- --
05/19/2023 05/19/23 Sold $305,000 -7.6% $167 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
09/27/2022 09/27/22 For Sale $330,000 -- $181 / 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 $11,580 $161,600 $26,600 $135,000
2024 $101 $155,500 $24,600 $130,900
2023 $6,709 $140,000 $21,800 $118,200
2022 $6,238 $122,000 $19,700 $102,300
2021 $6,108 $118,800 $17,400 $101,400
2020 $6,037 $118,800 $17,900 $100,900
2019 $5,823 $119,200 $20,300 $98,900
2018 $6,197 $115,700 $19,400 $96,300
2017 $5,978 $114,400 $21,900 $92,500
2016 -- $114,400 $21,800 $92,600
2015 -- $105,800 $42,000 $63,800
2014 -- $105,800 $41,700 $64,100
Source: Public Records

Agents Affiliated with this Home

  • Lynne VanDeventer

    Seller's Agent in 2023

    Lynne VanDeventer

    Coldwell Banker Professionals -Okemos

    (517) 492-3274

    175 in this area

    799 Total Sales

    Lynne VanDeventer
    Section Image
  • Ray Kruch

    Buyer's Agent in 2023

    Ray Kruch

    Real Estate One 1st

    (517) 881-5871

    8 in this area

    59 Total Sales

    Ray Kruch
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 268858

Greater Lansing Association of Realtors®

APN: 20-02-18-220-011

Michigan Ingham County East Lansing 48823

521 Lexington Ave, East Lansing, MI

This home is located at 521 Lexington Ave, East Lansing, MI 48823 since 27 September 2022 and is currently estimated at $334,316, approximately $183 per square foot. This property was built in 1963. 521 Lexington Ave is a home located in Ingham County with nearby schools including Marble Elementary School, MacDonald Middle School, and East Lansing High School.

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