547 Charles St East Lansing, MI 48823
Estimated Value: $251,358 - $262,000
3
Beds
2
Baths
1,322
Sq Ft
$195/Sq Ft
Est. Value
Highlights
- No HOA
- Enclosed patio or porch
- Awning
- Marble Elementary School Rated A-
- 3 Car Detached Garage
- Forced Air Heating System
About This Home
As of April 2018Great income property close to Michigan State's campus. Leased for the 2017-2018 school year at $1,400 per month, with an expected NOI before debt service of $10,007. House has newer mechanicals (furnace 2016 / water heater 2017). Highly unique 3 car garage, ability to park additional cars in driveway and private, fenced yard. Very close to campus, easy to rent. 3 bedroom home currently licensed for 2 non-related parties. Many updates were done to the house in 2012 inclusive of bathroom updates inclusive of fixtures and tiling and new PEX plumbing (2012). Laundry units stay with home. Great investment for professional investor or parents with children at MSU looking for an investment. No tours without accepted offer. Contact agent for additional details.
Home Details
Home Type
- Single Family
Year Built
- Built in 1925 | Remodeled in 2012
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 33.30x149.00
- Fenced
Parking
- 3 Car Detached Garage
Home Design
- Block Foundation
- Asphalt Roof
Interior Spaces
- 1,322 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Awning
- Living Room with Fireplace
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Enclosed patio or porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Angells Assr's Plat Of Lt 52 Subdivision
Listing and Financial Details
- Assessor Parcel Number 33200218117001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2017
Closed on
Mar 30, 2018
Sold by
Lightbody Adam and Lightbody Adam B
Bought by
Hilton Russell
Seller's Agent
Travis Riley
Worth Clark Realty
Buyer's Agent
Travis Riley
Travis Riley
List Price
$189,900
Sold Price
$170,000
Premium/Discount to List
-$19,900
-10.48%
Total Days on Market
180
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
$88,090
Avg. Annual Appreciation
6.06%
Original Mortgage
$136,000
Outstanding Balance
$118,176
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$139,914
Purchase Details
Listed on
Mar 29, 2012
Closed on
Jul 13, 2012
Sold by
Donovan Shaun
Bought by
Lightbody Adam
Seller's Agent
James Munk
RE/MAX Real Estate Professionals
Buyer's Agent
Remarks See
Outside Realtor
List Price
$91,000
Sold Price
$91,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.57%
Original Mortgage
$69,600
Interest Rate
3.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2011
Sold by
Flagstar Bank Fsb
Bought by
The Secretary Of Housing & Urban Develop
Purchase Details
Closed on
Feb 17, 2011
Sold by
Fedrigo Rebecca and Deluca Almerinda M
Bought by
Flagstar Bank Fsb
Purchase Details
Closed on
Jul 21, 2006
Sold by
Weckesser William C and Weckesser Diane M
Bought by
Fedrigo Rebecca and Deluca Almerinda M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,648
Interest Rate
6.73%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 27, 2004
Sold by
Hoppe Ursula J
Bought by
Weckesser William C and Weckesser Diane M
Purchase Details
Closed on
Jul 23, 1998
Sold by
Cruse Robert W
Bought by
Hoppe Ursula J
Purchase Details
Closed on
Dec 1, 1995
Purchase Details
Closed on
Mar 1, 1995
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
Similar Homes in East Lansing, MI
-
$189,000
- 3 Beds
- 1 Bath
- 768 Sq Ft
- 508 Lexington Ave
- East Lansing, MI
Great home or rental in desirable East Lansing - Great investment and well maintained 2 on main level bedrooms and 1 Bedroom in basement with Egress window and 1 bath home - with bedroom and egress window in partially finished basement. Updated bath. Close to schools and shopping.
Laura DeSmit LPT Realty, LLC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hilton Russell | $170,000 | None Available | |
| Lightbody Adam | $91,000 | Ata | |
| The Secretary Of Housing & Urban Develop | -- | None Available | |
| Flagstar Bank Fsb | $172,687 | None Available | |
| Fedrigo Rebecca | $167,000 | Century Title | |
| Weckesser William C | $127,500 | Fatic | |
| Hoppe Ursula J | $105,000 | -- | |
| -- | $85,000 | -- | |
| -- | $80,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hilton Russell | $136,000 | |
| Previous Owner | Lightbody Adam | $69,600 | |
| Previous Owner | Fedrigo Rebecca | $165,648 | |
| Previous Owner | Hope Ursula J | $34,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2018 04/02/18 | Sold | $170,000 | -5.5% | $129 / Sq Ft |
| 02/10/2018 02/10/18 | Pending | -- | -- | -- |
| 11/30/2017 11/30/17 | Price Changed | $179,900 | -2.7% | $136 / Sq Ft |
| 10/24/2017 10/24/17 | Price Changed | $184,900 | -2.6% | $140 / Sq Ft |
| 08/14/2017 08/14/17 | For Sale | $189,900 | +108.7% | $144 / Sq Ft |
| 07/17/2012 07/17/12 | Sold | $91,000 | 0.0% | $72 / Sq Ft |
| 04/09/2012 04/09/12 | Pending | -- | -- | -- |
| 03/29/2012 03/29/12 | For Sale | $91,000 | -- | $72 / Sq Ft |
Source: Realcomp
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 | -- | $103,400 | $14,300 | $89,100 |
| 2023 | $5,888 | $88,300 | $12,700 | $75,600 |
| 2022 | $5,633 | $83,900 | $11,500 | $72,400 |
| 2021 | $5,516 | $80,700 | $11,300 | $69,400 |
| 2020 | $5,451 | $77,100 | $11,300 | $65,800 |
| 2019 | $5,288 | $71,600 | $11,800 | $59,800 |
| 2018 | $4,964 | $72,500 | $11,300 | $61,200 |
| 2017 | $5,231 | $70,600 | $12,800 | $57,800 |
| 2016 | -- | $66,600 | $12,700 | $53,900 |
| 2015 | -- | $63,300 | $25,000 | $38,300 |
| 2014 | -- | $59,600 | $24,900 | $34,700 |
Source: Public Records
Agents Affiliated with this Home
-
Travis Riley
T
Seller's Agent in 2018
Travis Riley
Worth Clark Realty
(248) 245-8185
13 Total Sales
-
J
Seller's Agent in 2012
James Munk
RE/MAX Michigan
-
R
Buyer's Agent in 2012
Remarks See
Outside Realtor
Map
Source: Realcomp
MLS Number: 217072839
APN: 20-02-18-117-001
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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