NOT LISTED FOR SALE

575 Spartan Ave East Lansing, MI 48823

Estimated Value: $326,000 - $343,000

5 Beds
2 Baths
1,836 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $265,000 $144 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,629/month

Highlights

  • Main Floor Primary Bedroom
  • Living Room
  • Forced Air Heating and Cooling System
  • Marble Elementary School Rated A-
  • Laundry Room
  • 4-minute walk to Stoddard Park

About This Home

As of March 2021

Available for immediate move in!

- Licensed for 5 unrelated. Rent has been lowered to allow a group of 4 if you choose
- 6 Bedrooms / 2 Bathrooms
- House available for Aug 2024-2025 school year
- Plenty of parking in driveway
- 1.5 car garage
- Rent has been lowered to $2600/month or $520/per person (by 5) or $650/person (by 4)
- You may choose to add on a fifth person to sublet/join group of 4 by amending the lease

call/email for more info or any questions

Last Agent to Sell the Property

Rob Buffington

White Pine Sotheby's International Realty License #6506044394 Listed on: 03/24/2021

Co-Listed By

Dominic Lee

Berkshire Hathaway HomeServices License #6501412335

Last Buyer's Agent

Rob Buffington

Berkshire Hathaway HomeServices License #6506044394

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,029

Year Built

  • Built in 1923

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x135
  • East Facing Home
  • Back Yard

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Community Details

  • Avondale Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,029

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Investment
  • Tax Year: 2020
  • Levels: Two
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1923
  • Lot Size Acres: 0.12
  • Lot Size: 40x135
  • Co List Office Mls Id: 340
  • Co List Office Phone: 517-351-3617
  • Subdivision Name: Avondale
  • Above Grade Finished Sq Ft: 1220.0
  • Living Area: 1836.0
  • General Property Info:Lot Size Dimensions: 40x135
  • General Property Info:Above Grade Finished Area: 1220.0
  • General Property Info:Total Livable Area: 1836.0
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Full Baths B: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Levels:Two2: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Cooling:Central Air: Yes
  • Exterior:Vinyl Siding: Yes
  • Exterior:Wood Siding: Yes
  • Laundry Features:Laundry Room: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1836.0
  • General Property Info:Front Door: East
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air
  • Total Bedrooms: 5
  • Room: 7
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: Second
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 616.0
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Basement:Partially Finished: Yes
  • Appliances:WasherDryer: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Back Yard
  • RoadSurfaceType: Paved
  • Construction Type: Vinyl Siding, Wood Siding
  • Direction Faces: East
  • Lot Features:Back Yard2: Yes

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Asphalt2: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Washer/Dryer, Water Heater, Refrigerator, Range, Oven
  • Cooling: Central Air
  • LaundryFeatures: Laundry Room
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Water Heater: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 3622
  • Tax Annual Amount: 4029.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Mar 15, 2021
Sold by
Wells Godsir Investment Properties Inc
Bought by
Sivakumar Jayaraman
Seller's Agent
Rob Buffington
White Pine Sotheby's International Realty
Buyer's Agent
Rob Buffington
White Pine Sotheby's International Realty
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$337,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,394
Avg. Annual Appreciation
5.55%
Original Mortgage
$212,000
Outstanding Balance
$190,474
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$146,920

Purchase Details

Closed on
Nov 1, 1990

Purchase Details

Closed on
May 1, 1986
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
Sivakumar Jayaraman $265,000 Liberty Title
-- $50,000 --
-- $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sivakumar Jayaraman $212,000
Previous Owner Wells Goodsir Investmments Prop Inc $4,788,750
Previous Owner Wells Investment Properties Inc $497,478
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2024 08/24/24 For Rent $2,600 0.0% --
03/16/2021 03/16/21 Sold $265,000 0.0% $144 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $265,000 -- $144 / 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 $9,528 $149,400 $17,700 $131,700
2024 $84 $143,800 $16,400 $127,400
2023 $8,698 $129,400 $14,500 $114,900
2022 $7,480 $112,900 $13,100 $99,800
2021 $4,077 $109,800 $11,600 $98,200
2020 $4,029 $109,800 $11,900 $97,900
2019 $3,886 $96,400 $13,500 $82,900
2018 $4,136 $93,500 $12,900 $80,600
2017 $3,990 $92,500 $14,600 $77,900
2016 -- $92,500 $14,500 $78,000
2015 -- $85,600 $28,000 $57,600
2014 -- $85,600 $27,800 $57,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 253915

Greater Lansing Association of Realtors®

APN: 20-02-18-218-005