NOT LISTED FOR SALE

561 Lexington Ave East Lansing, MI 48823

Estimated Value: $172,000 - $186,182

2 Beds
1 Bath
712 Sq Ft
$251/Sq Ft Est. Value

Last Sold September 25, 2024

Last sale price $175,000 $246 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,201/month

27 Days on Market

Highlights

  • 1 Car Detached Garage
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Marble Elementary School Rated A-
  • Living Room
  • 1-Story Property

About This Home

As of September 2024

Great 2 Bedroom/1 Bath in the Heart of East Lansing. Walk to downtown East Lansing and Michigan State University. Property is all redone inside, Newer flooring, Newer Paint, Redone kitchen with Stainless steel appliances and bar top seating. New furnace, New hot water heater. Newer Roof. First floor laundry, Home is on a slab so you never have to worry about water in a basement. Its always dry! Not much to do on this one then to move in. Would be a great starter home or a purchase for the MSU student, save on rent and own instead. Great fenced in yard and one car detached garage. Need extra entertainment space? Garage is currently a MSU bar a neighborhood favorite. Come see this place soon it will go fast! Seller is a licensed broker in State of Michigan

Last Agent to Sell the Property

Lynne VanDeventer

Coldwell Banker Professionals -Okemos License #6501128440 Listed on: 08/26/2024

Coldwell Banker Professionals -Okemos

Co-Listed By

Tomas Brown

Coldwell Banker Professionals -Okemos License #6502378166

Last Buyer's Agent

Samuel Hoag

Achieve Real Estate LLC License #6501425066

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,926

Year Built

  • Built in 1952

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x135
  • Few Trees
  • Front Yard

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 712 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Stacked Washer and Dryer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Window Unit Cooling System
  • Central Heating
  • Water Heater

Community Details

  • Avondale Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,926

Year Built

Built in 1952

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
  • Tax Year: 2023
  • EntryLevel: 1
  • Levels: One
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1952
  • Lot Size Acres: 0.12
  • Lot Size: 40x135
  • Co List Office Mls Id: 981
  • Co List Office Phone: 517-349-4406
  • Subdivision Name: Avondale
  • Above Grade Finished Sq Ft: 712.0
  • Living Area: 712.0
  • General Property Info:Lot Size Dimensions: 40x135
  • General Property Info:Above Grade Finished Area: 712.0
  • General Property Info:Total Livable Area: 712.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Laundry Features:Main Level: Yes
  • Location Legal Info:Real Estate Owned: No
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:Window Unit(s): Yes
  • Levels:One: Yes
  • Rooms:Laundry2: Yes
  • Tax Info:Zoning3: Residential
  • Cooling:WallWindow Unit(s): Yes
  • General Property Info:Building Area Total SqFt: 712.0
  • Special Features: None

Interior Features

  • Basement: None
  • Heating: Central
  • EntryLocation: 1
  • Total Bedrooms: 2
  • Room: 5
  • Property Type: Residential
  • Laundry Level: First
  • Full Bathrooms: 1
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Free-Standing Refrigerator: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:WasherDryer Stacked: Yes

Exterior Features

  • Lot Features: Few Trees, Front Yard
  • RoadSurfaceType: Concrete
  • Home Warranty: No
  • Construction Type: Block
  • Lot Features:Front Yard2: Yes
  • Lot Features:Few Trees: Yes

Garage/Parking

  • Parking Features: Asphalt, Detached, Garage
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Garage2: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Concrete6: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Electric Cooktop, Electric Range, Microwave, Water Heater, Washer/Dryer Stacked, Washer, Refrigerator, Range, Oven, Free-Standing Refrigerator, Dryer
  • Cooling: Wall/Window Unit(s), Window Unit(s)
  • LaundryFeatures: Main Level
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Heater: Yes
  • Heating:Central: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 3610
  • Tax Annual Amount: 2926.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Sep 25, 2024
Sold by
Brown Tyler T and Brown Jill M
Bought by
Mallory Cole T
Seller's Agent
Lynne VanDeventer
Coldwell Banker Professionals -Okemos
Buyer's Agent
Samuel Hoag
Achieve Real Estate LLC
List Price
$161,900
Sold Price
$175,000
Premium/Discount to List
$13,100
8.09%
Views
20
Current Estimated Value
$179,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,046
Avg. Annual Appreciation
2.27%
Original Mortgage
$160,000
Outstanding Balance
$158,362
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$20,684

Purchase Details

Closed on
Jul 22, 2022
Sold by
Brown Tyler T
Bought by
Brown Tyler T and Brown Jill M

Purchase Details

Closed on
Sep 17, 2018
Sold by
Brown Madeline M and Brown Madeline
Bought by
Brown Tyler T and Brown Jill M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 2, 2014
Closed on
Sep 14, 2014
Sold by
Delind Douglas L and Delind Laura B
Bought by
Brown Madeline M and Brown Madeline
Seller's Agent
Elinor Holbrook
Coldwell Banker Realty -Stadium
Buyer's Agent
Lynne VanDeventer
Coldwell Banker Professionals -Okemos
List Price
$82,000
Sold Price
$63,000
Premium/Discount to List
-$19,000
-23.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%

Purchase Details

Closed on
Apr 11, 2014
Sold by
Delind Jody Rachel
Bought by
Delind Douglas L and Delind Laura B

Purchase Details

Closed on
Apr 28, 2004
Sold by
Delind Douglas and Delind Laura B
Bought by
Delind Jody Rachel

Purchase Details

Closed on
Sep 1, 1990
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
Mallory Cole T $175,000 None Listed On Document
Brown Tyler T -- --
Brown Tyler T -- None Available
Brown Madeline M $63,000 None Available
Delind Douglas L -- None Available
Delind Jody Rachel -- Transnation Title
Delind Douglas $92,000 Transnation Title
-- $47,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mallory Cole T $160,000
Previous Owner Brown Tyler T $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $175,000 +8.1% $246 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $161,900 +157.0% $227 / Sq Ft
09/15/2014 09/15/14 Sold $63,000 -23.2% $88 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $82,000 -- $115 / 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 $3,006 $69,500 $17,700 $51,800
2024 $25 $64,700 $16,400 $48,300
2023 $2,808 $56,000 $14,500 $41,500
2022 $2,690 $52,800 $13,100 $39,700
2021 $2,644 $49,700 $11,600 $38,100
2020 $2,615 $48,000 $11,900 $36,100
2019 $2,508 $46,300 $13,500 $32,800
2018 $2,742 $47,700 $12,900 $34,800
2017 $2,633 $47,500 $14,600 $32,900
2016 -- $45,200 $14,500 $30,700
2015 -- $42,900 $28,000 $14,900
2014 -- $40,800 $27,800 $13,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 283079

Greater Lansing Association of Realtors®

APN: 20-02-18-220-006