Seller's Agent in 2022
Troy Seyfert
RE/MAX Michigan
(540) 535-5747
18 in this area
173 Total Sales
539 Cornell Ave East Lansing, MI 48823
2
Beds
1
Bath
768
Sq Ft
5,401
Sq Ft Lot
Highlights
- Cape Cod Architecture
- Deck
- Living Room
- Marble Elementary School Rated A-
- Main Floor Primary Bedroom
- 4-minute walk to Stoddard Park
About This Home
As of March 2022This is a rare opportunity to purchase one home or an entire rental business within walking distance to Michigan State University. Now is your chance to take advantage of this incredible deal to purchase any number of this six house package which includes 539, 544, 554, 625 and 642 Cornell Ave and 616 Charles Street. This particular home is rented until July 31, 2019 at a rent rate of $1300 and currently has a rental license in good standing for 2 unrelated persons. The overall CAP rate for the package is slightly higher than 8%. All properties are within walking distance to campus and downtown East Lansing. These houses have had 100% occupancy since 2011, have been professionally managed, and have received lots of upgrades to roofs, bathrooms and furnaces. These homes would be well suited for a new or existing landlord or standalone as owner occupied. Call or text Rob for more details
Last Agent to Sell the Property
White Pine Sotheby's International Realty License #6506044394 Listed on: 10/01/2018
Last Buyer's Agent
Rob Buffington
Berkshire Hathaway HomeServices License #6506044394
Home Details
Home Type
- Single Family
Year Built
- Built in 1952
Lot Details
- 5,401 Sq Ft Lot
- Lot Dimensions are 40 x 135
- Fenced
Parking
- 1 Car Garage
- Gravel Driveway
Home Design
- Cape Cod Architecture
- Aluminum Siding
Interior Spaces
- 768 Sq Ft Home
- Living Room
- Dining Room
- Crawl Space
- Range
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- Avondale Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 28, 2022
Closed on
Mar 22, 2022
Sold by
Parlic Properties Llc
Bought by
Oler Family Trust
Seller's Agent
Troy Seyfert
RE/MAX Real Estate Professionals
Buyer's Agent
Wendy Day
Non Member Office
List Price
$150,000
Sold Price
$155,000
Premium/Discount to List
$5,000
3.33%
Total Days on Market
81
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
$36,357
Avg. Annual Appreciation
6.02%
Purchase Details
Closed on
Mar 18, 2021
Sold by
Parent Scott D and Bulick David V
Bought by
Parlic Properties Llc
Purchase Details
Listed on
Oct 1, 2018
Closed on
Nov 20, 2018
Sold by
Elm Holdings Company Llc
Bought by
Parent Scott D and Bulick David V
Seller's Agent
Rob Buffington
White Pine Sotheby's International Realty
Buyer's Agent
Rob Buffington
White Pine Sotheby's International Realty
List Price
$119,000
Sold Price
$90,818
Premium/Discount to List
-$28,182
-23.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%
Original Mortgage
$72,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 16, 2012
Closed on
Mar 14, 2012
Sold by
Burgol Hisham Y and Burgol Shelli
Bought by
Elm Holding Company Llc
Seller's Agent
Steve Osmar
RE/MAX Real Estate Professionals, Inc. West
Buyer's Agent
Rob Buffington
White Pine Sotheby's International Realty
List Price
$90,000
Sold Price
$90,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.14%
Original Mortgage
$67,500
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Aug 10, 2009
Sold by
Burgol Hisham Y and Burgol Shelli
Bought by
Burgol Hisham Y and Burgol Kheiro Corey Hisham
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.32%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 8, 2009
Sold by
Hates Robert C and Hayes Maria F
Bought by
Burgol Hisham Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.32%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 24, 2006
Sold by
Hellum Michael D and Hellum Kathleen J
Bought by
Hayes Robert C and Hayes Maria F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 14, 2003
Sold by
Wallace Kelby
Bought by
Hellum Michael D and Hellum Kathleen J
Purchase Details
Closed on
May 6, 1998
Sold by
Tansey Sheila Lynn
Bought by
Wallace Kelby
Purchase Details
Closed on
Oct 1, 1987
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $155,000 | Diversified National Title | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $90,818 | Tri Title Agency Llc | |
| Warranty Deed | $90,000 | Midstate Title Agency Llc | |
| Interfamily Deed Transfer | -- | Tri County Title Agency Llc | |
| Warranty Deed | $90,000 | Tri County Title Agency Llc | |
| Warranty Deed | $101,000 | Cislo Title | |
| Warranty Deed | $96,000 | Multiple | |
| Deed | $69,200 | -- | |
| Deed | $37,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $72,000 | New Conventional | |
| Previous Owner | $390,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $67,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $67,500 | Purchase Money Mortgage | |
| Previous Owner | $80,800 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2022 03/22/22 | Sold | $155,000 | +3.3% | $202 / Sq Ft |
| 03/06/2022 03/06/22 | Pending | -- | -- | -- |
| 02/28/2022 02/28/22 | For Sale | $150,000 | +65.2% | $195 / Sq Ft |
| 11/20/2018 11/20/18 | Sold | $90,818 | -23.7% | $118 / Sq Ft |
| 10/23/2018 10/23/18 | Pending | -- | -- | -- |
| 10/01/2018 10/01/18 | For Sale | $119,000 | 0.0% | $155 / Sq Ft |
| 08/21/2018 08/21/18 | Pending | -- | -- | -- |
| 08/03/2018 08/03/18 | For Sale | $119,000 | +32.2% | $155 / Sq Ft |
| 03/14/2012 03/14/12 | Sold | $90,000 | 0.0% | $117 / Sq Ft |
| 03/14/2012 03/14/12 | Pending | -- | -- | -- |
| 03/14/2012 03/14/12 | For Sale | $90,000 | -- | $117 / 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 | $38 | $59,700 | $16,400 | $43,300 |
| 2023 | $4,036 | $55,000 | $14,500 | $40,500 |
| 2022 | $3,634 | $49,300 | $13,100 | $36,200 |
| 2021 | $3,579 | $48,000 | $11,600 | $36,400 |
| 2020 | $3,586 | $48,000 | $11,900 | $36,100 |
| 2019 | $4,171 | $56,800 | $13,500 | $43,300 |
| 2018 | $4,096 | $55,100 | $12,900 | $42,200 |
| 2017 | $3,952 | $54,500 | $14,600 | $39,900 |
| 2016 | -- | $54,500 | $14,500 | $40,000 |
| 2015 | -- | $50,400 | $28,000 | $22,400 |
| 2014 | -- | $50,400 | $27,800 | $22,600 |
Source: Public Records
Agents Affiliated with this Home
-
Troy Seyfert
-
W
Buyer's Agent in 2022
Wendy Day
Non Member Office
-
Rob Buffington
Seller's Agent in 2018
Rob Buffington
White Pine Sotheby's International Realty
(517) 862-5777
46 in this area
197 Total Sales
-
S
Seller's Agent in 2012
Steve Osmar
RE/MAX Michigan
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 229150
APN: 20-02-18-216-009
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IDX information is provided exclusively for Consumers'
personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2025 Greater Lansing Association of REALTORS®
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