NOT LISTED FOR SALE

562 Virginia Ave East Lansing, MI 48823

Estimated Value: $238,000 - $304,000

3 Beds
2 Baths
1,920 Sq Ft
$142/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $171,000 $89 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,531/month

4 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Living Room
  • Marble Elementary School Rated A-
  • Covered patio or porch
  • Laundry Room

About This Home

As of April 2019

Class IV (4) Rental License, Licensed for ''3-Unrelated or family''. Currently leased at $1,800 per month through 7/30/19. Existing tenants have signed a lease through 7/30/2020 at same rental rates.

Last Agent to Sell the Property

Dave Ledebuhr

Musselman Realty Company License #6502109685 Listed on: 03/11/2019

Last Buyer's Agent

Nicole Reimer

EXIT Realty Home Partners License #6501393858

EXIT Realty Home Partners

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 5,401 Sq Ft Lot
  • Lot Dimensions are 40 x 135
  • West Facing Home

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Avondale Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Investment
  • Tax Year: 18
  • Levels: One
  • Year Built: 1968
  • Lot Size Acres: 0.12
  • Lot Size: 40 x 135
  • Subdivision Name: Avondale
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Ranch
  • Living Area: 1920.0
  • General Property Info:Lot Size Dimensions: 40 x 135
  • General Property Info:Above Grade Finished Area: 960.0
  • General Property Info:Total Livable Area: 1920.0
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Full Baths B: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Rooms:Family Room2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Wood Siding: Yes
  • Rooms:Laundry2: Yes
  • General Property Info:Building Area Total SqFt: 1920.0
  • General Property Info:Front Door: West
  • Special Features: None

Interior Features

  • Basement: Egress Windows, Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Laminate Counters
  • Total Bedrooms: 3
  • Room: 8
  • Property Type: Residential
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Basement
  • Family Room Level: Basement
  • Laundry Level: Basement
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 960.0
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Community Features:Curbs: Yes
  • Community Features:Sidewalks: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Basement:Partially Finished: Yes
  • Basement:Egress Windows: Yes
  • Interior Features:Laminate Counters: Yes

Exterior Features

  • Roof: Shingle
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Deck
  • Construction Type: Wood Siding
  • Direction Faces: West
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater, Washer, Refrigerator, Oven, Dryer, Dishwasher
  • Cooling: Central Air
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 5401.44
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4497.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2020
Sold by
Stankiewicz Marlena
Bought by
Stankiewicz Frank
Total Days on Market
4
Current Estimated Value
$271,874

Purchase Details

Listed on
Mar 11, 2019
Closed on
Apr 12, 2019
Sold by
Chrysler Luke
Bought by
Stankiewicz Frank and Stankiewicz Marlena
Seller's Agent
Dave Ledebuhr
Musselman Realty Company
Buyer's Agent
Nicole Reimer
EXIT Realty Home Partners
List Price
$185,000
Sold Price
$171,000
Premium/Discount to List
-$14,000
-7.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%

Purchase Details

Closed on
Jun 7, 2006
Sold by
Thompson Charles A and Thompson Lynn M
Bought by
Chrysler Luke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,900
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2000
Sold by
Jildeh Samir
Bought by
Thompson Charles A and Thompson Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,250
Interest Rate
8.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1993

Purchase Details

Closed on
Nov 1, 1990
Source: Public Records

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Range of Values:

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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
Stankiewicz Frank -- None Available
Stankiewicz Frank $171,000 Transnation Title Agency
Chrysler Luke $141,000 Tnt
Thompson Charles A $84,750 --
-- $56,000 --
-- $136,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chrysler Luke $126,900
Previous Owner Thompson Charles A $70,000
Previous Owner Thompson Charles A $76,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $171,000 -7.6% $89 / Sq Ft
03/11/2019 03/11/19 For Sale $185,000 0.0% $96 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $185,000 -- $96 / 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
2024 $56 $96,200 $16,400 $79,800
2023 $5,986 $87,700 $14,500 $73,200
2022 $5,727 $77,700 $13,100 $64,600
2021 $5,636 $75,600 $11,600 $64,000
2020 $5,744 $75,600 $11,900 $63,700
2019 $4,226 $62,000 $13,500 $48,500
2018 $4,497 $60,300 $12,900 $47,400
2017 $4,338 $59,600 $14,600 $45,000
2016 -- $59,600 $14,500 $45,100
2015 -- $55,200 $28,000 $27,200
2014 -- $55,200 $27,800 $27,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 234005

Greater Lansing Association of Realtors®

APN: 20-02-18-220-024