NOT LISTED FOR SALE

5265 Bear Lake Dr East Lansing, MI 48823

Estimated Value: $424,000 - $473,000

5 Beds
3.5 Baths
3,462 Sq Ft
$131/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $415,000 $120 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,128/month

3 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Bennett Woods Elementary School Rated A
  • High Ceiling
  • Double Vanity

About This Home

As of April 2022

Cul de Sac living at its best! Come see this amazing 5 bedroom, 4 bathroom home with an open floor concept with high vaulted ceilings, located in the Okemos School District. You will fall in love as soon as you step in the front door. With 3 floors of beautifully updated living space this home is sure to please. Updated main kitchen with granite counter tops and a center island that opens a large dining room. The 2 story, light filled, living room has a fireplace and a wall of windows. Large office/bonus room on the main level could be used as a 6th bedroom. Main floor primary bedroom suite with walk in closet. Laundry on the main level. Newly finished lower-level features 2 bedrooms with egress windows, a new kitchen complete with appliances, an additional living room and a full bath room. Could possibly be an in-law suite or for a college child living at home. Large 3 seasons room leads out the amazing deck. An attached 2 car garage completes the package. Don't wait to schedule your viewing, do it now!

Last Agent to Sell the Property

Brian Ozbun

The Gateway Group @ Keller Williams License #6501410050 Listed on: 03/14/2022

Last Buyer's Agent

Keith Tate

Prime Realty Group License #6501400298

Prime Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,337

Year Built

  • Built in 1986

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 51x110

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Double Vanity

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Basement Window Egress

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Bear Lake Subdivision

Amenities

  • Office

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,337

Year Built

Built in 1986

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Primary
  • Tax Year: 2021
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1986
  • Lot Size Acres: 0.23
  • Lot Size: 51x110
  • Subdivision Name: Bear Lake
  • Above Grade Finished Sq Ft: 2712.0
  • Living Area: 3462.0
  • General Property Info:Lot Size Dimensions: 51x110
  • General Property Info:Above Grade Finished Area: 2712.0
  • General Property Info:Total Livable Area: 3462.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Full Baths B: 1
  • Baths:_pound_Half 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 Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Rooms:Family Room2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Cooling:Central Air: Yes
  • Cooling:Exhaust Fan: Yes
  • Rooms:Office: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 4532.0
  • Fireplace Features:Gas5: Yes
  • Special Features: None

Interior Features

  • Basement: Egress Windows, Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Entrance Foyer, High Ceilings, Kitchen Island
  • Total Bedrooms: 5
  • Room: 8
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: Basement
  • Family Room Level: Basement
  • Office Level: Basement
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 750.0
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Basement:Partially Finished: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Basement:Egress Windows: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Kitchen Island: Yes

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Deck
  • Home Warranty: Yes
  • Construction Type: Rough Sawn
  • Patio Porch Features:Deck: Yes

Garage/Parking

  • Parking Features: Attached, Garage
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage2: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 295.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Location Legal Info:Association Fee: 295.0
  • Location Legal Info:Association Fee Frequency: Annually

Schools

  • Junior High Dist: Okemos

Lot Info

  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 7213
  • Tax Annual Amount: 6337.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
Apr 29, 2022
Sold by
Meyer Callton Daniel and Rose Christina
Bought by
Lewis Kanika and Beckwith Birdie
Seller's Agent
Brian Ozbun
The Gateway Group @ Keller Williams
Buyer's Agent
Keith Tate
Prime Realty Group
List Price
$374,900
Sold Price
$415,000
Premium/Discount to List
$40,100
10.7%
Current Estimated Value
$454,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,057
Avg. Annual Appreciation
3.32%
Original Mortgage
$407,483
Outstanding Balance
$387,143
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$75,831

Purchase Details

Closed on
Apr 26, 2021
Sold by
Callton Michael Norman and Callton Shelly Jo
Bought by
Callton Daniel Meyer and Callton Christina Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2019
Closed on
Dec 6, 2019
Sold by
Spink Scott Edward
Bought by
Calton Michael Norman and Calton Shelly Jo
Seller's Agent
Kathy Birchen
Berkshire Hathaway HomeServices
Buyer's Agent
Carol Shaheen
Berkshire Hathaway HomeServices
List Price
$289,900
Sold Price
$233,000
Premium/Discount to List
-$56,900
-19.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%
Original Mortgage
$163,100
Interest Rate
6.57%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 22, 2001
Sold by
Lloyd John R and Lloyd Mary Jane
Bought by
Spink Scott Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,100
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1986
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
Lewis Kanika $415,000 None Listed On Document
Callton Daniel Meyer -- None Available
Calton Michael Norman $233,000 Title Resource Agency
Spink Scott Edward $249,000 --
-- $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Kanika $407,483
Previous Owner Callton Daniel Meyer $255,000
Previous Owner Calton Michael Norman $163,100
Previous Owner Spink Scott Edward $223,000
Previous Owner Spink Scott Edward $223,200
Previous Owner Spink Scott Edward $224,100
Previous Owner Lloyd John R $111,902
Previous Owner Lloyd John R $111,902
Previous Owner Lloyd John R $30,000
Previous Owner Lloyd John R $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $415,000 +10.7% $120 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $374,900 +60.9% $108 / Sq Ft
12/10/2019 12/10/19 Sold $233,000 -2.9% $67 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
10/08/2019 10/08/19 Price Changed $239,900 -4.0% $69 / Sq Ft
09/11/2019 09/11/19 Price Changed $249,900 -3.8% $72 / Sq Ft
08/16/2019 08/16/19 Price Changed $259,900 -3.7% $75 / Sq Ft
07/30/2019 07/30/19 Price Changed $269,900 -3.6% $78 / Sq Ft
06/14/2019 06/14/19 Price Changed $279,900 -1.8% $81 / Sq Ft
05/21/2019 05/21/19 Price Changed $284,900 -1.7% $82 / Sq Ft
04/30/2019 04/30/19 For Sale $289,900 -- $84 / 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 $7,612 $176,100 $28,000 $148,100
2024 $33 $152,500 $24,700 $127,800
2023 $7,226 $136,600 $23,200 $113,400
2022 $6,376 $122,000 $23,600 $98,400
2021 $6,337 $119,700 $24,200 $95,500
2020 $6,453 $122,600 $24,200 $98,400
2019 $10,706 $183,100 $29,000 $154,100
2018 $10,239 $158,200 $27,400 $130,800
2017 $9,830 $154,500 $25,700 $128,800
2016 $4,492 $146,300 $24,400 $121,900
2015 $4,492 $150,100 $41,871 $108,229
2014 $4,492 $141,800 $22,419 $119,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 263243

Greater Lansing Association of Realtors®

APN: 02-02-17-282-010