Seller's Agent in 2024
Mariah Grumblatt
KW Domain
(517) 763-3060
2 in this area
84 Total Sales
551 Lexington Ave East Lansing, MI 48823
--
Bed
--
Bath
1,824
Sq Ft
8,102
Sq Ft Lot
Highlights
- Front Porch
- 6 Car Attached Garage
- Forced Air Heating System
- Marble Elementary School Rated A-
- Laundry Room
- Wood Siding
About This Home
As of December 2024Wonderful opportunity to own a great duplex near campus. Home is currently vacant so bring your own tenants. Great place for investment or maybe a parent looking to send kids to MSU. Great parking and walking distance to campus.
Licensed for 6.
Last Agent to Sell the Property
Coldwell Banker Professionals -Okemos License #6501128440 Listed on: 09/27/2022
Last Buyer's Agent
Non Member
Non Member Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,573
Year Built
- Built in 1963
Lot Details
- 8,102 Sq Ft Lot
- Lot Dimensions are 60x135
- Lot Sloped Down
- Few Trees
- Back and Front Yard
Home Design
- 1,824 Sq Ft Home
- Bi-Level Home
- Shingle Roof
- Wood Siding
- Shingle Siding
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 6 Car Attached Garage
- No Garage
Utilities
- No Cooling
- Forced Air Heating System
- Gas Water Heater
Additional Features
- Laundry Room
- Front Porch
- City Lot
Community Details
- 2 Units
- Avondale Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2024
Closed on
Dec 30, 2024
Sold by
Cotter Thomas
Bought by
Patten Elliott James Donald
Seller's Agent
Mariah Grumblatt
KW Domain
Buyer's Agent
Unidentified Agent
Unidentified Office
List Price
$340,000
Sold Price
$340,000
Views
34
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.80%
Original Mortgage
$237,999
Outstanding Balance
$237,388
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$101,148
Purchase Details
Listed on
Sep 27, 2022
Closed on
Nov 16, 2022
Sold by
Wells Investment Properties Inc Llc
Bought by
Cotter Thomas
Seller's Agent
Lynne VanDeventer
Coldwell Banker Professionals -Okemos
Buyer's Agent
Non Member
Non Member Office
List Price
$330,000
Sold Price
$310,000
Premium/Discount to List
-$20,000
-6.06%
Views
39
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Purchase Details
Closed on
Mar 1, 1987
Purchase Details
Closed on
Dec 1, 1984
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 | $340,000 | None Listed On Document | |
| Warranty Deed | $310,000 | -- | |
| Deed | $59,000 | -- | |
| Deed | $42,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $237,999 | New Conventional | |
| Previous Owner | $2,000,000 | Credit Line Revolving | |
| Previous Owner | $2,061,500 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Price Changed | $800 | 0.0% | $0 / Sq Ft |
| 07/11/2025 07/11/25 | For Rent | $800 | +23.1% | -- |
| 05/18/2025 05/18/25 | Off Market | $650 | -- | -- |
| 04/14/2025 04/14/25 | For Rent | $650 | 0.0% | -- |
| 12/30/2024 12/30/24 | Sold | $340,000 | 0.0% | $373 / Sq Ft |
| 11/21/2024 11/21/24 | Pending | -- | -- | -- |
| 11/08/2024 11/08/24 | For Sale | $340,000 | +9.7% | $373 / Sq Ft |
| 11/17/2022 11/17/22 | Sold | $310,000 | -6.1% | $170 / Sq Ft |
| 11/16/2022 11/16/22 | Pending | -- | -- | -- |
| 09/27/2022 09/27/22 | For Sale | $330,000 | -- | $181 / 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 | $79 | $148,800 | $24,600 | $124,200 |
| 2023 | $8,608 | $133,900 | $21,800 | $112,100 |
| 2022 | $4,921 | $116,600 | $19,700 | $96,900 |
| 2021 | $5,430 | $113,400 | $17,400 | $96,000 |
| 2020 | $5,367 | $113,400 | $17,900 | $95,500 |
| 2019 | $5,176 | $119,200 | $20,300 | $98,900 |
| 2018 | $5,509 | $115,700 | $19,400 | $96,300 |
| 2017 | $5,314 | $114,400 | $21,900 | $92,500 |
| 2016 | -- | $114,400 | $21,800 | $92,600 |
| 2015 | -- | $105,800 | $42,000 | $63,800 |
| 2014 | -- | $105,800 | $41,700 | $64,100 |
Source: Public Records
Agents Affiliated with this Home
-
Mariah Grumblatt
-
U
Buyer's Agent in 2024
Unidentified Agent
Unidentified Office
-
Lynne VanDeventer
Seller's Agent in 2022
Lynne VanDeventer
Coldwell Banker Professionals -Okemos
(517) 492-3274
176 in this area
810 Total Sales
-
N
Buyer's Agent in 2022
Non Member
Non Member Office
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 268857
APN: 20-02-18-220-007
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