NOT LISTED FOR SALE

567 E Saginaw St East Lansing, MI 48823

Estimated Value: $318,000 - $350,000

6 Beds
2 Baths
2,120 Sq Ft
$159/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $332,000 $157 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,470/month

7 Days on Market

Highlights

  • Ranch Style House
  • Front Porch
  • Cooling Available
  • Whitehills Elementary School Rated A
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of May 2024

Best and final due 4/25/2024 at 12 p.m. Welcome to 567/569 E Saginaw in East Lansing. Great location and licensed for 3 unrelated per side. Spacious 4 bed, 2 bath per side with vaulted ceilings and skylights in living/dining area. All new main floor windows on both sides. Each side has 3 bedrooms on main floor with full bath, plus downstairs is completely finished with 4th bedroom, full bath, oversized family room, laundry/utility room, and an office. No lack of space here! Water heaters are both newer. There are attached single car garages for each side plus 5 separate paved parking spaces in the front yard. Backyard is partially fenced due to Kinder Care next door. Left side is occupied with a long term tenant. All appliances included. Right side is ready to rent out.

Last Listed By

Peter MacIntyre

RE/MAX Real Estate Professionals License #6506040989 Listed on: 04/19/2024

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,057

Year Built

  • Built in 1991

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 70.63 x 153.57
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Additional Parking

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,120 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Stubbed For A Bathroom
  • Basement Window Egress

Outdoor Features

  • Front Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $13,740

Community Details

Overview

  • 2 Units
  • Whitehills Estates Association
  • Whitehills Subdivision

Building Details

  • New Taxes Expense $7,057

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,057

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Gross Rent: 13740.0
  • Tax Year: 2023
  • Levels: One
  • Year Built: 1991
  • Lot Size Acres: 0.25
  • Lot Size: 70.63 x 153.57
  • Subdivision Name: Whitehills
  • Above Grade Finished Sq Ft: 2120.0
  • Architectural Style: Ranch
  • General Property Info:Lot Size Dimensions: 70.63 x 153.57
  • General Property Info:Above Grade Finished Area: 2120.0
  • Laundry Features:In Basement: Yes
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Exterior:Brick: Yes
  • Laundry Features:Laundry Room: Yes
  • Flooring:Vinyl2: Yes
  • Tax Info:Taxes2: 7057.33
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Tax Expense2: 7057.33
  • Cooling:Ceiling Fan(s)2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Bath/Stubbed, Egress Windows, Full
  • Heating: Forced Air, Natural Gas
  • Flooring: Carpet, Vinyl
  • Property Type: Resid/Multi-Family
  • Window Features: Window Treatments
  • Full Basement: Yes
  • Basement:Egress Windows: Yes
  • Basement:BathStubbed: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Back Yard
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Front Porch
  • Construction Type: Vinyl Siding, Brick
  • Lot Features:Back Yard2: Yes
  • Patio Porch Features:Front Porch: Yes
  • Window Features:Window Treatments: Yes

Garage/Parking

  • Total Parking Spaces: 7.0
  • Parking Features: Additional Parking, Attached, Garage
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage2: Yes
  • Parking Features:Additional Parking: Yes
  • General Property Info:Parking Total: 7
  • Parking Features:Garage Spaces2: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s)
  • LaundryFeatures: In Basement, Laundry Room
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Name: Whitehills Estates

Association/Amenities

  • Location Legal Info:Association Name: Whitehills Estates

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 7057.33
  • Tax Carrier Route: 2741

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
May 22, 2024
Sold by
Kindlund Construction Inc
Bought by
Faupel Benjamin and Faupel Jozie
Seller's Agent
Peter MacIntyre
RE/MAX Real Estate Professionals
Buyer's Agent
Cabus Dewey
EXIT Realty Home Partners
List Price
$320,000
Sold Price
$332,000
Premium/Discount to List
$12,000
3.75%
Total Days on Market
7
Views
331
Current Estimated Value
$336,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,147
Avg. Annual Appreciation
1.24%
Original Mortgage
$315,400
Outstanding Balance
$312,857
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$23,290

Purchase Details

Closed on
Jun 1, 1991

Purchase Details

Closed on
Feb 1, 1986

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Faupel Benjamin $332,000 Greater Lansing Title
-- $20,000 --
-- $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faupel Benjamin $315,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $332,000 +3.8% $157 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $320,000 -- $151 / 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 $7,057 $116,600 $24,300 $92,300
2023 $7,057 $105,000 $22,800 $82,200
2022 $6,752 $91,600 $21,500 $70,100
2021 $6,658 $89,300 $21,000 $68,300
2020 $6,672 $89,300 $20,600 $68,700
2019 $8,168 $120,000 $21,900 $98,100
2018 $8,665 $120,000 $22,100 $97,900
2017 $8,167 $120,000 $19,300 $100,700
2016 -- $125,000 $19,000 $106,000
2015 -- $119,100 $38,000 $81,100
2014 -- $113,400 $37,500 $75,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 279994

Greater Lansing Association of Realtors®

APN: 20-02-07-301-009