538 Cornell Ave East Lansing, MI 48823
Estimated Value: $173,000 - $208,000
2
Beds
1
Bath
768
Sq Ft
$241/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Deck
- Covered patio or porch
- Marble Elementary School Rated A-
- Main Floor Primary Bedroom
- 4-minute walk to Stoddard Park
About This Home
As of June 2020What a great find in East Lansing. 3 BR, 2 bath. Newer windows, flooring, appliances, heating, ac, and hot water. Basement dry. Also has additional BR and bath on 2nd floor. Stairway not legal height at top. Adding a dormer would address. Did not include in finished space. But a great master suite. Large. Nice bath. Approx 300 sqft. Cannot be rented. Deed restricted.
Last Agent to Sell the Property
RE/MAX Real Estate Professionals License #6501331057 Listed on: 05/08/2020
Last Buyer's Agent
Non Member
Non Member Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,610
Year Built
- Built in 1952
Lot Details
- 5,097 Sq Ft Lot
- Lot Dimensions are 40x135
Parking
- 1 Car Garage
Home Design
- Colonial Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 768 Sq Ft Home
- 1.5-Story Property
- Ceiling Fan
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
- Fire and Smoke Detector
Kitchen
- Electric Oven
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Covered patio or porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2020
Closed on
Jun 29, 2020
Sold by
Seddon Nick and Seddon Dale
Bought by
Heap Trevor and Tumbarella Rebecca
Seller's Agent
John Sharp
RE/MAX Real Estate Professionals
Buyer's Agent
Non Member
Non Member Office
List Price
$115,000
Sold Price
$115,000
Total Days on Market
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,176
Avg. Annual Appreciation
10.09%
Original Mortgage
$109,250
Outstanding Balance
$97,949
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$86,569
Purchase Details
Closed on
Mar 4, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Feb 18, 2010
Sold by
Ferden Erica and Ferden Kimberly
Bought by
Bac Home Loans Servicing Lp
Purchase Details
Closed on
Mar 31, 2006
Sold by
Ferden Erik and Ferden Kimberly
Bought by
Ferden Erik and Ferden Kimberly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 10, 2006
Sold by
Oliver Sharman
Bought by
Ferden Erik and Ferden Kimberly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 1, 1997
Bought by
Oliver Sharman
Purchase Details
Closed on
Oct 1, 1996
Purchase Details
Closed on
May 1, 1996
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Heap Trevor | $115,000 | None Available | |
| Federal National Mortgage Association | -- | None Available | |
| Bac Home Loans Servicing Lp | $125,929 | None Available | |
| Ferden Erik | -- | Devon Title | |
| Ferden Erik | $112,000 | None Available | |
| Oliver Sharman | $70,000 | -- | |
| -- | $55,000 | -- | |
| -- | $69,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tumbarella Rebecca | $47,000 | |
| Open | Heap Trevor | $109,250 | |
| Previous Owner | Seddon Nick | $42,000 | |
| Previous Owner | Ferden Erica | $120,000 | |
| Previous Owner | Ferden Erik | $89,600 | |
| Previous Owner | Siebenthal Sharman L | $82,500 | |
| Previous Owner | Oliver Sharman | $50,875 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/29/2020 06/29/20 | Sold | $115,000 | 0.0% | $150 / Sq Ft |
| 05/28/2020 05/28/20 | Pending | -- | -- | -- |
| 05/08/2020 05/08/20 | For Sale | $115,000 | -- | $150 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $17 | $61,100 | $15,900 | $45,200 |
| 2023 | $1,898 | $37,300 | $14,100 | $23,200 |
| 2022 | $1,818 | $34,500 | $12,700 | $21,800 |
| 2021 | $1,787 | $31,700 | $11,300 | $20,400 |
| 2020 | $1,535 | $31,000 | $11,500 | $19,500 |
| 2019 | $1,472 | $30,400 | $13,100 | $17,300 |
| 2018 | $1,610 | $28,500 | $12,500 | $16,000 |
| 2017 | $1,545 | $29,000 | $14,200 | $14,800 |
| 2016 | -- | $27,300 | $14,100 | $13,200 |
| 2015 | -- | $25,500 | $0 | $0 |
| 2014 | -- | $24,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Sharp
Seller's Agent in 2020
John Sharp
RE/MAX Michigan
2 in this area
12 Total Sales
-
N
Buyer's Agent in 2020
Non Member
Non Member Office
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 245784
APN: 20-02-18-217-020
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