NOT LISTED FOR SALE

Estimated Value: $154,000 - $184,000

4 Beds
2 Baths
1,842 Sq Ft
$91/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $190,000 $103 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $938/month

7 Days on Market

Highlights

  • River View
  • Wood Flooring
  • Granite Countertops
  • 0.24 Acre Lot
  • Main Floor Primary Bedroom
  • 3-minute walk to Kalamazoo Plaza

About This Home

As of March 2022

Welcome home to 523 Cherry...the cherry on top of your home search!! This gorgeously updated spacious 4 bedroom home has 2 full bathrooms, a first floor main bedroom and sits on a huge double lot overlooking the river in the heart of downtown Lansing. This home is the perfect combination of luxury and function. Walk in and be amazed at the grand foyer with the beautiful curved staircase. The large sunny living room is open to the massive dining room and a kitchen that would make any chef jealous. First floor laundry, a large bedroom and bathroom with a clawfoot tub complete the first floor. Upstairs, you will find 3 large bedrooms and another full bath. The home sits on a double lot, with a brand new privacy fence and includes a 2 car garage. Walking distance to restaurants & shops!

Last Agent to Sell the Property

Isaac Verser

Keller Williams Realty Lansing License #6501385273 Listed on: 01/31/2022

Last Buyer's Agent

Isaac Verser

EXP Realty, LLC License #6501385273

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,467

Year Built

  • Built in 1885 | Remodeled

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 40x130
  • West Facing Home
  • Wood Fence
  • Private Yard
  • Back Yard

Parking

  • 2 Car Detached Garage

Property Views

  • River
  • Skyline

Home Design

  • Stone Foundation
  • Shingle Roof
  • Hardboard

Interior Spaces

  • 1,842 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Crown Molding
  • Chandelier
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Partial Basement
  • Laundry on main level

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,467

Year Built

Built in 1885 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Property Conditions Updated Remodeled: Yes
  • Current Use: Primary
  • Tax Year: 2021
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1885
  • Lot Size Acres: 0.24
  • Lot Size: 40x130
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1842.0
  • Living Area: 1842.0
  • New Construction: No
  • General Property Info:Lot Size Dimensions: 40x130
  • General Property Info:Above Grade Finished Area: 1842.0
  • General Property Info:Total Livable Area: 1842.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Laundry Features:Main Level: Yes
  • Levels:Two2: Yes
  • Location Legal Info:Real Estate Owned: No
  • Appliances Refrigerators: Yes
  • Fencing:Privacy: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Cooling:Central Air: Yes
  • Exterior:Hardboard: Yes
  • Flooring:Vinyl2: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Location Legal Info:Senior Community: No
  • Fencing:Wood3: Yes
  • View:River2: Yes
  • View:Skyline: Yes
  • Tax Info:Zoning3: Residential
  • Foundation Details:Stone4: Yes
  • General Property Info:Building Area Total SqFt: 2955.0
  • General Property Info:Front Door: West
  • Special Features: None

Interior Features

  • Basement: Partial
  • Heating: Forced Air
  • Flooring: Hardwood, Tile, Vinyl
  • Interior Amenities: Chandelier, Crown Molding, Entrance Foyer, Granite Counters, Natural Woodwork
  • Total Bedrooms: 4
  • Room: 8
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Full Bathrooms: 2
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Entrance Foyer: Yes
  • Basement:Partial: Yes
  • Interior Features:Granite Counters: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Natural Woodwork: Yes
  • Interior Features:Crown Molding: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Chandelier: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Private Yard
  • Fencing: Privacy, Wood
  • Foundation Details: Stone
  • Lot Features: Back Yard
  • RoadFrontageType: City Street
  • View: River, Skyline
  • Home Warranty: No
  • Construction Type: Hardboard
  • Direction Faces: West
  • Property Condition: Updated/Remodeled
  • Lot Features:Back Yard2: Yes
  • Exterior Features:Private Yard: Yes

Garage/Parking

  • Parking Features: Detached
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Refrigerator, Gas Range, Dishwasher
  • Cooling: Central Air
  • LaundryFeatures: Main Level
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 2401
  • Tax Annual Amount: 3467.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Mar 2, 2022
Sold by
Currie Nicole P and Currie Daniel
Bought by
Otis Cari and Harper Drake
Seller's Agent
Isaac Verser
Keller Williams Realty Lansing
Buyer's Agent
Isaac Verser
EXP Realty, LLC
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%
Current Estimated Value
$168,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,520
Avg. Annual Appreciation
-3.26%
Original Mortgage
$127,000
Outstanding Balance
$119,713
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$50,616

Purchase Details

Listed on
Jun 24, 2020
Closed on
Nov 16, 2020
Sold by
Delatorre Vavra Jesus
Bought by
Currie Nicole P and Currie Daniel
Seller's Agent
Kristen Clisch
The Gateway Group @ Keller Williams
Buyer's Agent
Isaac Verser
EXP Realty, LLC
List Price
$209,900
Sold Price
$180,000
Premium/Discount to List
-$29,900
-14.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$170,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 31, 2016
Closed on
Nov 18, 2016
Sold by
Vitale Joseph L
Bought by
Delatorre Vavra Jesusq
Seller's Agent
Joseph Vitale
Coldwell Banker Professionals-E.L.
Buyer's Agent
Justin Bledden
Berkshire Hathaway HomeServices
List Price
$38,000
Sold Price
$29,600
Premium/Discount to List
-$8,400
-22.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.03%

Purchase Details

Closed on
Dec 31, 2015
Sold by
Vitale Joseph L
Bought by
Vitale Joseph L

Purchase Details

Closed on
Oct 15, 2015
Sold by
Ingham County
Bought by
Vitale Joseph L

Purchase Details

Closed on
Aug 26, 2015
Sold by
507 S Grand Llc
Bought by
Vitale Joseph L

Purchase Details

Closed on
Jan 19, 2015
Sold by
Morancastillo Gizzele and Morancastillo Gizzele
Bought by
Settimo Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2007
Sold by
Baker Stacey
Bought by
Baker Jeffrey and Baker Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,750
Interest Rate
9.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 13, 2001
Sold by
Bush William W
Bought by
Baker Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,970
Interest Rate
7.16%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 1999
Sold by
Dimmer Sharon A
Bought by
Bush William W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,204
Interest Rate
6.78%
Mortgage Type
FHA
Source: Public Records

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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
Otis Cari $190,000 Transnation Title
Currie Nicole P $180,000 Transnation Title Agency
Delatorre Vavra Jesusq $29,600 Tri County Title Agency Llc
Vitale Joseph L -- None Available
Vitale Joseph L $16,000 Capital Fund Title Services
Vitale Joseph L $66,666 --
Settimo Kenneth J -- --
Baker Jeffrey -- Nations Title Agency
Baker Stacey $67,500 First American Title Ins Co
Bush William W $49,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otis Cari $127,000
Previous Owner Currie Nicole P $170,750
Previous Owner Settimo Kenneth J $74,400
Previous Owner Baker Jeffrey $97,750
Previous Owner Baker Stacey $69,199
Previous Owner Baker Stacey $66,970
Previous Owner Bush William W $50,204
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2022 03/02/22 Sold $190,000 -4.5% $103 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $199,000 +10.6% $108 / Sq Ft
11/16/2020 11/16/20 Sold $180,000 -7.6% $98 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/04/2020 09/04/20 Price Changed $194,900 -7.1% $106 / Sq Ft
06/24/2020 06/24/20 For Sale $209,900 +609.1% $114 / Sq Ft
11/18/2016 11/18/16 Sold $29,600 +0.3% $16 / Sq Ft
10/10/2016 10/10/16 Price Changed $29,500 -1.3% $16 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
05/26/2016 05/26/16 Price Changed $29,900 -14.6% $16 / Sq Ft
04/14/2016 04/14/16 Price Changed $35,000 -7.9% $19 / Sq Ft
03/31/2016 03/31/16 For Sale $38,000 -- $21 / 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 $34 $73,000 $5,700 $67,300
2023 $4,078 $61,700 $5,700 $56,000
2022 $3,544 $56,900 $4,500 $52,400
2021 $3,468 $50,100 $6,000 $44,100
2020 $8,369 $45,800 $6,000 $39,800
2019 $6,258 $45,500 $6,000 $39,500
2018 $2,818 $41,600 $6,000 $35,600
2017 $2,701 $41,600 $6,000 $35,600
2016 $5,345 $40,800 $6,000 $34,800
2015 $5,345 $39,600 $12,014 $27,586
2014 $5,345 $36,800 $13,000 $23,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 262488

Greater Lansing Association of Realtors®

APN: 01-01-16-457-051