NOT LISTED FOR SALE

580 Lexington Ave East Lansing, MI 48823

Estimated Value: $249,000 - $266,000

3 Beds
2 Baths
1,618 Sq Ft
$161/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $170,000 $105 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,874/month

17 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Bonus Room
  • Marble Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Covered Patio or Porch

About This Home

As of September 2020

Welcome home to 580 Lexington Ave in desirable East Lansing. This delightful 3 bedroom, 2 bathroom home features hardwood floors throughout the main floor and a roomy kitchen with dining area. Two of the bedrooms are on the first floor with one full bathroom. Upstairs is a spacious bedroom with walk-in closet, full bathroom and a small office or extra storage area at the top of the stairs. The basements features a finished rec room, perfect for entertaining, a bonus room and a laundry area with washer & dryer included. Outside you will enjoy the deck, patio and perfect size yard. The detached one car garage is ready for your storage needs or to keep your car protected come winter. Recent updates include a new roof in March 2020 and a new furnace in 2018. Schedule your showing today!

Last Agent to Sell the Property

Jason VanSickle

RE/MAX Real Estate Professionals License #6501384312 Listed on: 07/14/2020

RE/MAX Real Estate Professionals

Last Buyer's Agent

Peter MacIntyre

RE/MAX Real Estate Professionals License #6506040989

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,406

Year Built

  • Built in 1956

Lot Details

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

Parking

  • 1 Car Garage

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • Avondale Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,406

Year Built

Built in 1956

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
  • Current Use: Primary
  • Tax Year: 2019
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1956
  • Lot Size Acres: 0.12
  • Lot Size: 40' x 135
  • Subdivision Name: Avondale
  • Above Grade Finished Sq Ft: 1218.0
  • Architectural Style: Cape Cod
  • Living Area: 1618.0
  • General Property Info:Lot Size Dimensions: 40' x 135
  • General Property Info:Above Grade Finished Area: 1218.0
  • General Property Info:Total Livable Area: 1618.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Exterior:Aluminum Siding: Yes
  • Location Legal Info:Real Estate Owned: No
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Rooms:Family Room2: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Architectural Style:Cape Cod: Yes
  • General Property Info:ECO Friendly Features: No
  • Rooms:Bonus Room: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1986.0
  • General Property Info:Front Door: West
  • Special Features: VirtualTour

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Primary Downstairs
  • Total Bedrooms: 3
  • Room: 10
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Bonus Room Level: Basement
  • Family Room Level: Basement
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 400.0
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Partially Finished: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Roof: Shingle
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Deck, Patio
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Direction Faces: West
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Patio: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater, Microwave, Washer, Refrigerator, Electric Oven, Dryer, Dishwasher
  • LaundryFeatures: Electric Dryer Hookup
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 5401.44
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3405.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Sep 4, 2020
Sold by
Reyelts Fredric A and Reyelts Linda Cc
Bought by
Lippstreu Charles and Wyant Monica
Seller's Agent
Jason VanSickle
RE/MAX Real Estate Professionals
Buyer's Agent
Peter MacIntyre
RE/MAX Real Estate Professionals
List Price
$174,900
Sold Price
$170,000
Premium/Discount to List
-$4,900
-2.8%
Current Estimated Value
$259,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,838
Avg. Annual Appreciation
8.71%
Original Mortgage
$153,000
Outstanding Balance
$135,777
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$124,061

Purchase Details

Listed on
Apr 23, 2014
Closed on
Jul 24, 2014
Sold by
Gates Nathan W
Bought by
Reyelts Fredric A and Reyelts Linda C
Seller's Agent
Jenny Generous
RE/MAX Real Estate Professionals
Buyer's Agent
Amy Williams
Keller Williams Realty Lansing
List Price
$134,900
Sold Price
$133,000
Premium/Discount to List
-$1,900
-1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$99,750
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2009
Sold by
Lupp Brandon and Lupp Cortney A
Bought by
Gates Nathan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,543
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2005
Sold by
Kwast Jim and Kwast Nancy
Bought by
Peissig Cortney A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,398
Interest Rate
5.69%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 2000
Sold by
Sober Mary E
Bought by
Shanbaum Herbert and Melody Shanbaum R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
8.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1990

Purchase Details

Closed on
Sep 1, 1987
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lippstreu Charles $170,000 None Available
Reyelts Fredric A $133,000 Midstate Title Agency Llc
Gates Nathan W $129,900 Fidelity National Title
Lupp Brandon -- Fidelity National Title
Peissig Cortney A $140,500 Fatic
Shanbaum Herbert $107,500 --
-- $69,900 --
-- $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lippstreu Charles $153,000
Previous Owner Reyelts Fredric A $99,750
Previous Owner Gates Nathan W $127,543
Previous Owner Peissig Cortney A $139,398
Previous Owner Shanbaum Herbert $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $170,000 -2.8% $105 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $174,900 +31.5% $108 / Sq Ft
07/24/2014 07/24/14 Sold $133,000 -1.4% $93 / Sq Ft
06/13/2014 06/13/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $134,900 -- $94 / 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 $5,953 $99,700 $17,700 $82,000
2024 $52 $92,500 $16,400 $76,100
2023 $5,587 $78,500 $14,500 $64,000
2022 $5,345 $74,300 $13,100 $61,200
2021 $5,234 $70,200 $11,600 $58,600
2020 $3,450 $67,500 $11,900 $55,600
2019 $3,309 $63,900 $13,500 $50,400
2018 $3,618 $64,800 $12,900 $51,900
2017 $3,473 $63,500 $14,600 $48,900
2016 -- $60,100 $14,500 $45,600
2015 -- $56,600 $28,000 $28,600
2014 -- $53,400 $27,800 $25,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 247723

Greater Lansing Association of Realtors®

APN: 20-02-18-221-025