NOT LISTED FOR SALE

530 Bainbridge Dr Unit 532 East Lansing, MI 48823

Estimated Value: $331,125 - $467,000

6 Beds
5 Baths
2,784 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 25, 2016

Last sale price $248,000 $89 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,629/month

26 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Living Room
  • Green Elementary School Rated A-
  • Covered patio or porch
  • Entrance Foyer

About This Home

As of May 2016

This duplex is in excellent condition. New A/C 2015. New roof 2014. New high efficiency furnaces 2012. All nice appliances. Both units in this duplex have 3 bedrooms. One has 2.5 bathrms, other has 1.5. All bedrms are up. Both units have their own basement which, although unfinished, is good, dry, usable space for play, study, rec rm, etc. Each unit has one garage space, and 3 additional spaces each (in the driveway). Great outdoor yard space, too! Both units always pass EL rental unit inspection with no problems due to diligent current owner. This duplex is a proven money maker, attracting high quality, long term renters. In addition to rent, tenants also pay their own utilities. One side's lease is up in June, the other in November but both tenants may be willing to negotiate an early m ve out if new owner wants to live-in. (room sizes are estimates)

Last Agent to Sell the Property

Kristy Seibold

Real Estate One 1st License #6501336684 Listed on: 02/24/2016

Real Estate One 1st

Last Buyer's Agent

John Munn

Berkshire Hathaway HomeServices License #6506040104

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 120x130

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 2,784 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Hickory Hill Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 15
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1973
  • Lot Size Acres: 0.34
  • Lot Size: 120X130
  • Subdivision Name: Hickory Hill
  • Above Grade Finished Sq Ft: 2784.0
  • Living Area: 2784.0
  • General Property Info:Lot Size Dimensions: 120X130
  • General Property Info:Above Grade Finished Area: 2784.0
  • General Property Info:Total Livable Area: 2784.0
  • Baths:_pound_Full Baths 2: 3
  • Baths:_pound_Half Baths 1: 2
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Shed(s): Yes
  • Cooling:Central Air: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Brick: Yes
  • General Property Info:Building Area Total SqFt: 4176.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Entrance Foyer
  • Total Bedrooms: 6
  • Room: 12
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • OtherStructures: Shed(s)
  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Home Warranty: No
  • Construction Type: Brick, Aluminum Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes
  • Patio Porch Features:Patio: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater, Refrigerator, Range, Oven, Dishwasher
  • Cooling: Central Air
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6977.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2016
Closed on
May 25, 2016
Sold by
Splelman Lori Nelson and Mckenna Lori K
Bought by
Baumgart Thomas and Baumgart Michelle A
Seller's Agent
Kristy Seibold
Real Estate One 1st
Buyer's Agent
John Munn
Berkshire Hathaway HomeServices
List Price
$265,000
Sold Price
$248,000
Premium/Discount to List
-$17,000
-6.42%
Current Estimated Value
$369,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,639
Avg. Annual Appreciation
4.42%
Original Mortgage
$186,000
Outstanding Balance
$150,121
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$218,966

Purchase Details

Closed on
Jul 1, 1994
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
Baumgart Thomas $248,000 Transnation Title
-- $124,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baumgart Thomas $186,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2016 05/25/16 Sold $248,000 -6.4% $89 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $265,000 -- $95 / 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 $7,057 $116,600 $25,700 $90,900
2023 $7,057 $105,000 $22,200 $82,800
2022 $6,752 $91,600 $18,900 $72,700
2021 $6,658 $89,300 $18,100 $71,200
2020 $6,672 $89,300 $18,100 $71,200
2019 $9,495 $129,300 $19,600 $109,700
2018 $10,348 $129,300 $17,100 $112,200
2017 $10,192 $129,300 $17,300 $112,000
2016 -- $134,800 $17,300 $117,500
2015 -- $128,400 $32,296 $96,104
2014 -- $122,400 $52,614 $69,786
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 79121

Greater Lansing Association of Realtors®

APN: 20-01-12-213-005