NOT LISTED FOR SALE

5298 Bear Lake Dr East Lansing, MI 48823

Estimated Value: $382,467 - $425,000

4 Beds
4 Baths
2,939 Sq Ft
$138/Sq Ft Est. Value

Last Sold September 04, 2019

Last sale price $280,000 $95 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,796/month

3 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • 1 Fireplace
  • Bennett Woods Elementary School Rated A
  • Main Floor Primary Bedroom
  • Solid Surface Countertops

About This Home

As of September 2019

Need a picturesque woodland retreat with award winning Okemos schools and plenty of room to grow? Come to 5298 Bear Lake Dr in East Lansing, MI. This gorgeous, updated 3000 sq ft contemporary home features four bedrooms, four baths , a first floor master suite with private deck, and two generous bedrooms, full bath and study/loft lounge on the second level. The soaring great room captures an abundance of natural light and offers panoramic views on nature in a park like setting. An original garden sculpture graces the yard and completes this serene setting. Custom cabinetry in updated kitchen is offset by Brazilian Cherry toned hardwood floors and opens to the dining room, deck and great room. The lower level Family Room, 4th bedroom with half bath, and flex room for office each have deck access. Oh, and there's tons of storage too. The home has been completely professionally painted. Decks were power washed and painted and carpets cleaned. Furnace in 2017 and Hot Water Tank in '03. Come for a tour!

Last Agent to Sell the Property

Mary Driscoll

EXIT Realty Home Partners License #6501371628 Listed on: 07/19/2019

Last Buyer's Agent

Kayla Dobson

EXIT Realty Home Partners License #6506047863

EXIT Realty Home Partners

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $4,987

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 7,231

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Balcony
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Green Features
  • 7,231 Sq Ft Lot

Community Details

  • Bear Lake Subdivision

Property Details

Home Type

Co-Op

Est. Annual Taxes

$4,987

Year Built

Built in 1986 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Property Conditions Updated Remodeled: Yes
  • Tax Year: 2018
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1986
  • Lot Size Acres: 0.17
  • Lot Size: 77x95
  • Subdivision Name: Bear Lake
  • Above Grade Finished Sq Ft: 2139.0
  • Architectural Style: Cooperative
  • Living Area: 2939.0
  • New Construction: No
  • General Property Info:Lot Size Dimensions: 77x95
  • General Property Info:Above Grade Finished Area: 2139.0
  • General Property Info:Total Livable Area: 2939.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Half Baths 1: 1
  • Baths:_pound_Half Baths B: 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 Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Rooms:Family Room2: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • General Property Info:ECO Friendly Features: Yes
  • Exterior:Wood Siding: Yes
  • Improvements:Balcony: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Architectural Style:Cooperative: Yes
  • General Property Info:Building Area Total SqFt: 3641.0
  • Special Features: None

Interior Features

  • Basement: Full, Walk-Out Access
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Cathedral Ceiling(s), Entrance Foyer, High Speed Internet, Pantry, Primary Bathroom, Primary Downstairs, Solid Surface Counters, Stove Hookup - Electric
  • Total Bedrooms: 4
  • Room: 12
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Basement
  • Family Room Level: Basement
  • Other Level: First
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Below Grade Sq Ft: 800.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Entrance Foyer: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Balcony
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Deck, Porch
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Property Condition: Updated/Remodeled
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached, Garage Door Opener
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Microwave, Washer, Refrigerator, Range, Oven, Electric Oven, Dryer, Dishwasher
  • Cooling: Central Air
  • LaundryFeatures: Electric Dryer Hookup, Main Level
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Okemos

Lot Info

  • Lot Size Sq Ft: 7230.96
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4987.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2019
Closed on
Sep 4, 2019
Sold by
Leiserowitz Bruce H
Bought by
Vanburen Robert and Haus Miranda
Seller's Agent
Mary Driscoll
EXIT Realty Home Partners
Buyer's Agent
Kayla Dobson
EXIT Realty Home Partners
List Price
$279,900
Sold Price
$280,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$405,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,376
Avg. Annual Appreciation
6.43%
Original Mortgage
$263,000
Outstanding Balance
$232,868
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$172,499

Purchase Details

Listed on
Feb 18, 2012
Closed on
Jul 17, 2012
Sold by
Leiserowitz Melvin G and Leiserowitz Nancy L
Bought by
Leiserowitz Nancy L and Leiserowitz Melvin G
Seller's Agent
Aaron Hoffman
A. Hoffman Realty
Buyer's Agent
Thomas Jury
Coldwell Banker Professionals-E.L.
List Price
$194,900
Sold Price
$191,000
Premium/Discount to List
-$3,900
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%

Purchase Details

Closed on
Aug 5, 2011
Sold by
Chang Timothy S and Chang Annabelle Y
Bought by
Chang Timothy S and Chang Annabelle Y

Purchase Details

Closed on
Sep 1, 1993
Bought by
Chang

Purchase Details

Closed on
Aug 1, 1986
Source: Public Records

Range of Values:

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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
Vanburen Robert $280,000 None Available
Leiserowitz Nancy L -- Mids
Leiserowitz Melvin G $191,000 Midstate Title Agency Llc
Chang Timothy S -- None Available
Chang $178,300 --
-- $151,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanburen Robert $263,000
Previous Owner Chang Timothy S $172,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2019 09/04/19 Sold $280,000 0.0% $95 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $279,900 +46.5% $95 / Sq Ft
06/06/2012 06/06/12 Sold $191,000 -2.0% $63 / Sq Ft
06/03/2012 06/03/12 Pending -- -- --
02/18/2012 02/18/12 For Sale $194,900 -- $64 / 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 $6,916 $159,000 $22,800 $136,200
2023 $6,916 $142,200 $21,400 $120,800
2022 $6,613 $126,700 $21,700 $105,000
2021 $6,557 $124,000 $22,300 $101,700
2020 $6,662 $126,600 $22,300 $104,300
2019 $5,250 $125,200 $26,700 $98,500
2018 $4,987 $108,200 $25,200 $83,000
2017 $4,750 $105,400 $23,700 $81,700
2016 $2,953 $99,800 $22,500 $77,300
2015 $2,953 $101,300 $38,575 $62,725
2014 $2,953 $93,200 $20,654 $72,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 238956

Greater Lansing Association of Realtors®

APN: 02-02-17-282-021