NOT LISTED FOR SALE

575 Lexington Ave East Lansing, MI 48823

Estimated Value: $175,000 - $207,574

2 Beds
1 Bath
768 Sq Ft
$241/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $79,000 $103 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,277/month

16 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Shed
  • Marble Elementary School Rated A-
  • Porch
  • Forced Air Heating System

About This Home

As of June 2015

Quaint home close to elementary, high school and 1/2 mile from Michigan State University. Nice lot, partially finish basement, all appliances less then 2 years old, fenced in yard. Home is not currently licensed but can be for rental.

Last Agent to Sell the Property

Starr Doering

Temporary Inactive Users License #6501385252 Listed on: 04/27/2015

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953 | Remodeled in 2014

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00 x 135.00
  • Fenced

Home Design

  • 768 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Partially Finished Basement

Community Details

  • No Home Owners Association
  • Avondale Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33200218220004
  • $2,370 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1953 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1953
  • Year Renovated: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1158
  • Sq Ft Lower Floor: 390
  • Total Sq Ft: 768
  • Sq Ft Total Bsmt: 734

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: East Lansing

Lot Info

  • Homestead: Yes
  • List Price per Acre: 741666.6667
  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00 X 135.00
  • Parcel Number: 33200218220004

Tax Info

  • Tax Amount Summer: 2289.0000
  • Tax Amount Winter: 309.0000
  • Total Tax: 2598.0000

MLS Schools

  • School District: East Lansing

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jun 29, 2015
Sold by
Kotenko Ryan M and Kotenko Marie
Bought by
Atkinson Angela C
Seller's Agent
Starr Doering
Temporary Inactive Users
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$89,000
Sold Price
$79,000
Premium/Discount to List
-$10,000
-11.24%
Current Estimated Value
$185,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,144
Avg. Annual Appreciation
8.61%
Original Mortgage
$76,312
Outstanding Balance
$60,330
Interest Rate
3.86%
Mortgage Type
FHA
Estimated Equity
$122,829

Purchase Details

Listed on
Apr 29, 2013
Closed on
Jul 10, 2013
Sold by
Baumann Meredith J and Crimp Meredith J
Bought by
Kotonko Ryan M
Seller's Agent
Jin Hui Noud
Berkshire Hathaway HomeServices
Buyer's Agent
Sabrina Nagel
Berkshire Hathaway HomeServices
List Price
$59,900
Sold Price
$59,500
Premium/Discount to List
-$400
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.48%
Original Mortgage
$47,600
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2006
Sold by
Morton Timothy D and Morton April
Bought by
Us Bank Na and Home Equity Loan Trust 2004-He5

Purchase Details

Closed on
Apr 5, 2004
Sold by
Morton Timothy D
Bought by
Morton Timothy D and Morton April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
8.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 3, 2003
Sold by
Jackson Whitney A and Scherer Whitney A
Bought by
Morton Timothy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 1, 1996

Purchase Details

Closed on
Jun 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
Atkinson Angela C $79,000 Devon Title Agency
Kotonko Ryan M $59,500 None Available
Us Bank Na $104,639 None Available
Morton Timothy D -- Bell Title Company
Morton Timothy D $100,000 Bell Title Company
-- $65,100 --
-- $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atkinson Angela C $76,312
Previous Owner Kotonko Ryan M $47,600
Previous Owner Crimp Meredith J $65,049
Previous Owner Morton Timothy D $97,200
Previous Owner Morton Timothy D $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $79,000 -11.2% $103 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $89,000 +49.6% $116 / Sq Ft
07/10/2013 07/10/13 Sold $59,500 -0.7% $77 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $59,900 -- $78 / Sq Ft
Source: Realcomp

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 $3,235 $75,600 $17,700 $57,900
2024 -- $70,400 $16,400 $54,000
2023 $3,021 $60,000 $14,500 $45,500
2022 $2,895 $56,600 $13,100 $43,500
2021 $2,845 $53,300 $11,600 $41,700
2020 $2,814 $51,500 $11,900 $39,600
2019 $2,699 $49,400 $13,500 $35,900
2018 $2,951 $49,000 $12,900 $36,100
2017 $2,833 $48,700 $14,600 $34,100
2016 -- $46,300 $14,500 $31,800
2015 -- $44,000 $28,000 $16,000
2014 -- $41,800 $27,800 $14,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215041819

Realcomp

APN: 20-02-18-220-004