NOT LISTED FOR SALE

5259 Bear Lake Dr East Lansing, MI 48823

Estimated Value: $365,887 - $394,000

3 Beds
3 Baths
2,501 Sq Ft
$151/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $295,500 $118 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,638/month

2 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Sun or Florida Room
  • Bennett Woods Elementary School Rated A
  • Bonus Room
  • Cul-De-Sac

About This Home

As of November 2021

Welcome to 5259 Bear Lake Drive! A prestigious, well maintained ranch home located in the award-winning Okemos school district and Bear Lake Subdivision. The 2,500 finished square feet is nestled back on a quiet cul-de-sac and private tree-lined backyard. Upon entry, you’re greeted by an open floor plan with clear sight lines from living to dining space, in to the 3-season room and out to the over-sized deck. The kitchen is highlighted by a spacious island, ample counter and cabinet space, convenient pantry, and solid surface counters. Kitchen appliances stay too! Down the hall, we find 3 generously sized bedrooms and the first of three full bathrooms in the home. The roomy master bedroom (240 square feet!) boasts an on-suite, walk-in closet, large vanity with dual sinks, and powder

Last Agent to Sell the Property

Zach Peck

Keller Williams Realty Lansing License #6501377494 Listed on: 09/29/2021

Keller Williams Realty Lansing

Last Buyer's Agent

Charlyn Cosgrove

RE/MAX Real Estate Professionals Dewitt License #6501164727

RE/MAX Real Estate Professionals Dewitt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,464

Year Built

  • Built in 1985

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 51x101
  • Cul-De-Sac
  • Many Trees

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Bonus Room
  • Sun or Florida Room

Kitchen

  • Microwave
  • Portable Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • Bear Lake Subdivision
  • Office

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,464

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2020
  • Levels: One
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1985
  • Lot Size Acres: 0.2
  • Lot Size: 51x101
  • Subdivision Name: Bear Lake
  • Above Grade Finished Sq Ft: 1724.0
  • Architectural Style: Ranch
  • Living Area: 2501.0
  • General Property Info:Lot Size Dimensions: 51x101
  • General Property Info:Above Grade Finished Area: 1724.0
  • General Property Info:Total Livable Area: 2501.0
  • Baths:_pound_Full Baths 1: 2
  • Baths:_pound_Full Baths B: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Laundry Features:In Basement: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Improvements:Three Seasons Room: Yes
  • Exterior:Wood Siding: Yes
  • Rooms:Office: Yes
  • Rooms:Bonus Room: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 3448.0
  • Special Features: VirtualTour

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air
  • Total Bedrooms: 3
  • Room: 5
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Bonus Room Level: First
  • Office Level: First
  • Other Level: Basement
  • Full Bathrooms: 3
  • Below Grade Sq Ft: 777.0
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Basement:Partially Finished: Yes
  • Appliances:Portable Dishwasher: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Many Trees
  • Patio And Porch Features: Deck
  • Home Warranty: No
  • Construction Type: Brick, Wood Siding
  • Patio Porch Features:Deck: Yes
  • Lot Features:Many Trees: Yes
  • Lot Features:Cul-De-Sac: Yes

Garage/Parking

  • Parking Features: Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage2: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Microwave, Refrigerator, Portable Dishwasher, Dishwasher
  • Cooling: Central Air
  • LaundryFeatures: In Basement
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: Okemos

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 7213
  • Tax Annual Amount: 5463.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 10, 2021
Sold by
Stapleton William J and Estate Of Joan F Stapleton
Bought by
Gibson Julie E and Gibson Anthony J
Seller's Agent
Zach Peck
Keller Williams Realty Lansing
Buyer's Agent
Charlyn Cosgrove
RE/MAX Real Estate Professionals Dewitt
List Price
$289,900
Sold Price
$295,500
Premium/Discount to List
$5,600
1.93%
Current Estimated Value
$376,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,222
Avg. Annual Appreciation
6.56%
Original Mortgage
$236,400
Outstanding Balance
$217,074
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$159,648

Purchase Details

Closed on
Sep 12, 2005
Sold by
Falls William M
Bought by
Stapleton William J and Stapleton Joan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 4, 2003
Sold by
Falls William M and Falls Jan L
Bought by
Falls William M and Falls Jan Lu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2000
Sold by
Falls William M and Falls Jan Lu
Bought by
Falls William M and Falls Jan Lu

Purchase Details

Closed on
May 1, 1989
Bought by
Fall

Purchase Details

Closed on
Jun 1, 1987
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gibson Julie E $295,500 Transnation Title Agency
Stapleton William J $250,000 Midstate
Falls William M -- Trans
Falls William M -- Trans
Falls William M -- --
Fall $142,900 --
-- $135,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Anthony $40,000
Open Gibson Julie E $236,400
Previous Owner Stapleton William J $188,681
Previous Owner Stapleton William J $200,000
Previous Owner Falls William M $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $295,500 +1.9% $118 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $289,900 -- $116 / 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 $7,070 $174,500 $26,400 $148,100
2024 $31 $151,000 $23,300 $127,700
2023 $6,591 $135,300 $21,900 $113,400
2022 $6,307 $120,700 $22,200 $98,500
2021 $5,572 $116,300 $22,800 $93,500
2020 $5,464 $118,900 $22,800 $96,100
2019 $5,327 $119,400 $27,300 $92,100
2018 $5,061 $109,900 $25,800 $84,100
2017 $4,820 $107,000 $24,200 $82,800
2016 $2,137 $101,400 $23,000 $78,400
2015 $2,137 $102,800 $39,427 $63,373
2014 $2,137 $94,600 $21,111 $73,489
Source: Public Records

Agents Affiliated with this Home

  • Zach Peck

    Seller's Agent in 2021

    Zach Peck

    Keller Williams Realty Lansing

    (517) 896-5594

    18 in this area

    202 Total Sales

    Zach Peck
    Section Image
  • Charlyn Cosgrove

    Buyer's Agent in 2021

    Charlyn Cosgrove

    RE/MAX Michigan

    (517) 599-8031

    2 in this area

    63 Total Sales

    Charlyn Cosgrove
    Section Image
See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 260056

Greater Lansing Association of Realtors®

APN: 02-02-17-282-011

Michigan Ingham County East Lansing 48823

5259 Bear Lake Dr, East Lansing, MI

This home is located at 5259 Bear Lake Dr, East Lansing, MI 48823 since 29 September 2021 and is currently estimated at $376,722, approximately $150 per square foot. This property was built in 1985. 5259 Bear Lake Dr is a home located in Ingham County with nearby schools including Bennett Woods Elementary School, Kinawa School, and Chippewa Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lansing Association of Realtors® IDX information is provided exclusively for Consumers'
personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2025 Greater Lansing Association of REALTORS®

Nearby Homes