NOT LISTED FOR SALE

5351 Burcham Dr East Lansing, MI 48823

Estimated Value: $336,000 - $453,000

3 Beds
3.5 Baths
2,656 Sq Ft
$149/Sq Ft Est. Value

Last Sold November 25, 2018

Last sale price $270,000 $102 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,703/month

Highlights

  • 1 Fireplace
  • Covered Patio or Porch
  • Living Room
  • Bennett Woods Elementary School Rated A
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of November 2018

Okemos school district. Very beautiful home! Located on cul-de-sac. 3 bedroom and 2.5 bathroom. Finished basement with 4th bedroom and 4th full bath. High ceiling in both living room and family room. Many upgrades in the past few years. New painting and new carpet 2018. New family room floor in 2017; Remodel in basement 2015; new water heater in 2017. Fenced yard.

Last Agent to Sell the Property

Sophie Shi

Impact Real Estate Listed on: 11/12/2018

Last Buyer's Agent

Jonathan Lum

EXIT Realty Home Partners License #6502412954

EXIT Realty Home Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,497

Year Built

  • Built in 2002 | Remodeled

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 61.73x132.9
  • East Facing Home
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Banyon Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,497

Year Built

Built in 2002 | 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: 2017
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 2002
  • Lot Size Acres: 0.35
  • Lot Size: 61.73x132.9
  • Subdivision Name: Banyon Park
  • Above Grade Finished Sq Ft: 1856.0
  • Living Area: 2656.0
  • New Construction: No
  • General Property Info:Lot Size Dimensions: 61.73x132.9
  • General Property Info:Above Grade Finished Area: 1856.0
  • General Property Info:Total Livable Area: 2656.0
  • Baths:_pound_Full Baths 2: 2
  • Baths:_pound_Full Baths B: 1
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Laundry Features:Main Level: Yes
  • Levels:Two2: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Rooms:Family Room2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Cooling:Central Air: Yes
  • Exterior:Vinyl Siding: Yes
  • Exterior:Brick: Yes
  • Cooling:Exhaust Fan: Yes
  • Fencing:Fenced: Yes
  • General Property Info:Building Area Total SqFt: 2875.0
  • General Property Info:Front Door: East
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Primary Bathroom
  • Total Bedrooms: 3
  • Room: 9
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Family Room Level: First
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • 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:Ceiling Fan(s): Yes
  • Basement:Partially Finished: Yes
  • Interior Features:Laminate Counters: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered
  • Construction Type: Brick, Vinyl Siding
  • Direction Faces: East
  • Property Condition: Updated/Remodeled
  • Patio Porch Features:Covered: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater, 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

Schools

  • Junior High Dist: Okemos

Lot Info

  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 6905
  • Tax Annual Amount: 5497.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2018
Closed on
Dec 28, 2018
Sold by
Taur Meng Yun and Hong Meng Lam
Bought by
Lakshminarayanan Pandirajan and Venkadachalam Aiswarya
Seller's Agent
Sophie Shi
Impact Real Estate
Buyer's Agent
Jonathan Lum
EXIT Realty Home Partners
List Price
$280,000
Sold Price
$270,000
Premium/Discount to List
-$10,000
-3.57%
Current Estimated Value
$395,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,804
Avg. Annual Appreciation
6.82%
Original Mortgage
$189,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2005
Sold by
Kayastha Kailash and Kayastha Neela
Bought by
Hong Meng Lam and Taur Meng Yun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 15, 2004
Sold by
Mccrone James G and Mccrone Lois A
Bought by
Kayastha Kailash and Kayastha Neela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2002
Sold by
Banyon Park Llc
Bought by
Mccrone James G and Mccrone Lois A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,800
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Lakshminarayanan Pandirajan $270,000 None Available
Hong Meng Lam $260,000 Transnation Title
Kayastha Kailash $258,000 Dt
Mccrone James G $47,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakshminarayanan Pandirajan $189,000
Previous Owner Hong Meng Lam $208,000
Previous Owner Kayastha Kailash $206,400
Previous Owner Mccrone James G $207,800
Closed Kayastha Kailash $25,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2018 11/25/18 Sold $270,000 -3.6% $102 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
11/12/2018 11/12/18 For Sale $280,000 -- $105 / 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 $7,246 $183,200 $24,700 $158,500
2024 $6,833 $175,200 $24,700 $150,500
2023 $6,833 $165,400 $24,200 $141,200
2022 $6,506 $141,600 $23,900 $117,700
2021 $6,373 $139,500 $19,400 $120,100
2020 $6,273 $141,000 $19,400 $121,600
2019 $6,063 $130,900 $18,400 $112,500
2018 $5,749 $125,000 $12,600 $112,400
2017 $5,497 $123,600 $13,300 $110,300
2016 $2,453 $120,200 $14,000 $106,200
2015 $2,453 $120,500 $26,943 $93,557
2014 $2,453 $108,600 $26,602 $81,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 232037

Greater Lansing Association of Realtors®

APN: 02-02-16-251-017