NOT LISTED FOR SALE

538 Cornell Ave East Lansing, MI 48823

Estimated Value: $145,000 - $194,893

2 Beds
1 Bath
768 Sq Ft
$228/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $115,000 $150 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,096/month

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 2020

What 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

John Sharp

RE/MAX Real Estate Professionals License #6501331057 Listed on: 05/08/2020

RE/MAX Real Estate Professionals

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,610

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2018
  • Levels: One and One Half
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1952
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Lot Size Acres: 0.12
  • Lot Size: 40x135
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 768.0
  • Architectural Style: Colonial
  • Living Area: 768.0
  • General Property Info:Lot Size Dimensions: 40x135
  • General Property Info:Above Grade Finished Area: 768.0
  • General Property Info:Total Livable Area: 768.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Location Legal Info:Real Estate Owned: No
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • Levels:One and One Half: Yes
  • Exterior:Vinyl Siding: Yes
  • Cooling:Exhaust Fan: Yes
  • Architectural Style:Colonial: Yes
  • General Property Info:Building Area Total SqFt: 1536.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Primary Downstairs, Stove Hookup - Electric, Other
  • Total Bedrooms: 2
  • Room: 4
  • Property Type: Residential
  • Full Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Other9: Yes

Exterior Features

  • Roof: Shingle
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Deck, Porch
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater, Microwave, Washer, Refrigerator, Oven, Electric Oven, Dryer
  • Cooling: Central Air, Exhaust Fan
  • 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: East Lansing

Lot Info

  • Lot Size Sq Ft: 5096.52
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1609.85

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
Current Estimated Value
$174,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,973
Avg. Annual Appreciation
7.84%
Original Mortgage
$109,250
Outstanding Balance
$97,091
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$73,929

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
Source: Public Records

Range of Values:

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Average Value
Not Available
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
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 Heap Trevor $109,250
Previous Owner Ferden Erik $89,600
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

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 $2,032 $66,700 $17,200 $49,500
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

  • J

    Seller's Agent in 2020

    John Sharp

    RE/MAX Michigan

    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    Non Member Office

See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 245784

Greater Lansing Association of Realtors®

APN: 20-02-18-217-020

Michigan Ingham County East Lansing 48823

538 Cornell Ave, East Lansing, MI

This home is located at 538 Cornell Ave, East Lansing, MI 48823 since 08 May 2020 and is currently estimated at $174,973, approximately $227 per square foot. This property was built in 1952. 538 Cornell Ave is a home located in Ingham County with nearby schools including Marble Elementary School, MacDonald Middle School, and East Lansing High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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