523 Cherry St Lansing, MI 48933
Downtown Lansing Neighborhood
3
Beds
2
Baths
1,842
Sq Ft
0.37
Acres
Highlights
- 0.37 Acre Lot
- Great Room
- Formal Dining Room
- 1 Fireplace
- Covered patio or porch
- 3-minute walk to Kalamazoo Plaza
About This Home
As of March 2022This 1885 2 story home, with much of it's original detail can be yours at a price to have some good equity for resale or very affordable downtown living in Lansing's Most Up and Coming Historic Neighborhood two blocks from Washington boulevard. This home sits on a double lot, just under half an acre, and unlike many others has a 2 car detached garage (with room for more if desired). Walk up to the front porch and you will appreciated the entry door, full glass (needs replacement glass), into the foyer. Foyer has curved oak staircase with original carved banister and spindles. Walk into the family room and it opens to the living room, parlor (pa) and dining room with bay window looking into downtown with a view of the capital dome plus fireplace with original marble fireplace surround and antle. Original hardwood floors throughout. Dining room has sun area, perfect for tea/coffee and faces East for morning sun. Kitchen is good sized and has original flooring and cabinets, and walks into the full bath and pantry with bead board cabinetry and walls, in addition to covered back deck area with stairs leading to backyard. Full bath with shower off kitchen (could easily be moved for door to enter off parlor. Upstairs has 3 bedrooms, all varying sizes. Back bedroom has rear room with staircase to first floor (2nd staircase). Full bath with shower off the main hall. Home has newer roof on 3 sections, newer carrier furnace and a/c, vinyl replacement windows and updated electrical panel. Needs plumbing & cosmetics. Act now!
Last Agent to Sell the Property
Joseph Vitale
Coldwell Banker Professionals-E.L. Listed on: 03/31/2016
Home Details
Home Type
- Single Family
Year Built
- Built in 1885
Lot Details
- 0.37 Acre Lot
- Lot Dimensions are 82x132
Parking
- 2 Car Attached Garage
Home Design
- Asbestos Siding
- Asbestos
- Stone Exterior Construction
Interior Spaces
- 1,842 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Entrance Foyer
- Great Room
- Living Room
- Formal Dining Room
Bedrooms and Bathrooms
- 3 Bedrooms
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Covered patio or porch
Utilities
- Humidifier
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,148
Avg. Annual Appreciation
-3.92%
Original Mortgage
$127,000
Outstanding Balance
$119,713
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$46,139
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
Similar Homes in Lansing, MI
-
$29,900
- 2 Beds
- 1 Bath
- 768 Sq Ft
- 528 S Fairview Ave
- Lansing, MI
Great investment property in a great Lansing location, close to the Avenue district. Nice size lot with alley access. Would make a great rental property or starter home. Sold as is. Motivated seller, make an offer.
Martha Little EXP Realty Main
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $190,000 | Transnation Title | |
| Warranty Deed | $180,000 | Transnation Title Agency | |
| Warranty Deed | $29,600 | Tri County Title Agency Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $16,000 | Capital Fund Title Services | |
| Quit Claim Deed | $66,666 | -- | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Nations Title Agency | |
| Warranty Deed | $67,500 | First American Title Ins Co | |
| Warranty Deed | $49,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $127,000 | New Conventional | |
| Previous Owner | $170,750 | New Conventional | |
| Previous Owner | $74,400 | New Conventional | |
| Previous Owner | $97,750 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $69,199 | FHA | |
| Previous Owner | $66,970 | FHA | |
| Previous Owner | $50,204 | FHA |
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
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
-
I
Seller's Agent in 2022
Isaac Verser
Keller Williams Realty Lansing
-
K
Seller's Agent in 2020
Kristen Clisch
The Gateway Group @ Keller Williams
-
J
Seller's Agent in 2016
Joseph Vitale
Coldwell Banker Professionals-E.L.
-
Justin Bledden
Buyer's Agent in 2016
Justin Bledden
Berkshire Hathaway HomeServices
(517) 899-8099
8 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 80126
APN: 01-01-16-457-051
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