NOT LISTED FOR SALE

551 John R St East Lansing, MI 48823

Estimated Value: $243,000 - $279,890

4 Beds
1.5 Baths
928 Sq Ft
$276/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $193,000 $208 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,615/month

10 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • 1-Story Property
  • Marble Elementary School Rated A-
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

This is an amazing opportunity to own a class IV rental license downtown East Lansing. This property has been meticulously maintained by the parents of the children that currently live in the home and is a great opportunity whether you're looking for an investment or a future place for you or one of your children to call home. Close to the bus lines and other attractions. Don't miss this unique opportunity.

Last Agent to Sell the Property

Rob Buffington

White Pine Sotheby's International Realty License #6506044394 Listed on: 04/19/2021

Last Buyer's Agent

David Gott

Keller Williams Realty Lansing License #6501412163

Keller Williams Realty Lansing

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Back Yard Fenced
  • Chain Link Fence

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Living Room
  • Dining Room
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Bedroom in Basement
  • Laundry in Basement
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Grandview Subdivision
  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Rental, Primary, Investment
  • Tax Year: 2020
  • Levels: One
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1961
  • Lot Size Acres: 0.14
  • Lot Size: 60x100
  • Subdivision Name: Grandview
  • Above Grade Finished Sq Ft: 728.0
  • Living Area: 928.0
  • General Property Info:Lot Size Dimensions: 60x100
  • General Property Info:Above Grade Finished Area: 728.0
  • General Property Info:Total Livable Area: 928.0
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Appliances Refrigerators: Yes
  • Laundry Features:In Basement: Yes
  • Fencing:Chain Link: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Fencing:Back Yard: Yes
  • Cooling:Central Air: Yes
  • Exterior:Vinyl Siding: Yes
  • Percent Basement Finished: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features:Common Area: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1448.0
  • Special Features: VirtualTour

Interior Features

  • Basement: Egress Windows, Finished, Full, Sump Pump
  • Heating: Forced Air
  • Flooring: Hardwood
  • Total Bedrooms: 4
  • Room: 8
  • Property Type: Residential
  • Bedroom 3 Level: Basement
  • Bedroom 4 Level: Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 200.0
  • Fireplace Features: None
  • Fireplace: No
  • Full Basement: Yes
  • Fireplace Features:None4: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Basement:Sump Pump: Yes
  • Appliances:WasherDryer: Yes
  • Basement:Egress Windows: Yes

Exterior Features

  • Fencing: Back Yard, Chain Link
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Attached, Driveway, Garage
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage2: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Washer/Dryer, Refrigerator, Range, Dishwasher
  • Cooling: Central Air
  • LaundryFeatures: Common Area, In Basement
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 6011.28
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5566.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2024
Sold by
Belcher Abbott Properties Llc
Bought by
Rwo Llc
Current Estimated Value
$256,223

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jun 11, 2021
Sold by
Hood Jennifer G
Bought by
Belcher Abbott Properties Llc
Seller's Agent
Rob Buffington
White Pine Sotheby's International Realty
Buyer's Agent
David Gott
Keller Williams Realty Lansing
List Price
$192,800
Sold Price
$193,000
Premium/Discount to List
$200
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%

Purchase Details

Closed on
Oct 30, 2020
Sold by
551 John R Llc
Bought by
Hood Jennifer G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2016
Sold by
Vanalstine Brian and Vanalstine Jennifer
Bought by
551 John R Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2016
Sold by
Rt2n Properties Llc
Bought by
Valalstine Brian S and Valalstine Jennifer G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2014
Sold by
Scheible Richard G and Scheible Kimberly S
Bought by
Rt2n Properties Llc

Purchase Details

Closed on
Nov 22, 2004
Sold by
Brown Marilynn
Bought by
Scheible Richard G and Scheible Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,175
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1990

Purchase Details

Closed on
Feb 1, 1985

Purchase Details

Closed on
Aug 1, 1974
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
Rwo Llc $234,000 None Listed On Document
Belcher Abbott Properties Llc $193,000 Title Resource Agency
Hood Jennifer G -- Antrim County Title
551 John R Llc -- None Available
Valalstine Brian S $153,000 None Available
Rt2n Properties Llc $115,000 Tri County Title Agency Llc
Scheible Richard G $139,800 Tnt
-- $55,000 --
-- $42,000 --
-- $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hood Jennifer G $115,000
Previous Owner Valalstine Brian S $122,400
Previous Owner Scheible Richard G $104,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $193,000 +0.1% $208 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $192,800 0.0% $208 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $192,800 -- $208 / 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 $8,248 $128,300 $17,300 $111,000
2024 $72 $123,000 $17,300 $105,700
2023 $7,746 $112,200 $14,800 $97,400
2022 $7,415 $99,300 $12,800 $86,500
2021 $5,632 $96,600 $12,200 $84,400
2020 $5,567 $96,600 $12,200 $84,400
2019 $5,369 $73,500 $13,200 $60,300
2018 $6,148 $71,400 $9,600 $61,800
2017 $5,573 $70,700 $9,700 $61,000
2016 -- $70,700 $9,300 $61,400
2015 -- $65,500 $17,190 $48,310
2014 -- $65,500 $17,190 $48,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 254449

Greater Lansing Association of Realtors®

APN: 20-02-17-108-014