NOT LISTED FOR SALE

581 Lexington Ave East Lansing, MI 48823

Estimated Value: $130,000 - $145,999

1 Bed
1 Bath
576 Sq Ft
$237/Sq Ft Est. Value

Last Sold August 27, 2024

Last sale price $127,990 $222 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $951/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Neighborhood Views
  • Marble Elementary School Rated A-
  • No HOA
  • Front Porch

About This Home

As of August 2024

1 bedroom Class III rental in East Lansing only blocks from MSU. Property is managed by Renaissance Property Management. Main floor features living room, kitchen, dining area. Upstairs is 1 bedroom, landing for work from home or flex space, small 3 piece bath with tub. Basement has laundry and mechanicals. Older shed in fenced backyard. Room for 2 cars off street. Tenant Occupied. Minimum 48 hours notice to show. All showings Between 9am-12pm. Seller requires licensee to be physically present for all showings & inspections. No unaccompanied buyers. Tenant may be present for showings. Current lease is through April 2025.

Last Agent to Sell the Property

Matt Robertson

Century 21 Affiliated License #6506038318 Listed on: 08/12/2024

Century 21 Affiliated

Last Buyer's Agent

Michaela Martin

RE/MAX Real Estate Professionals License #6501425046

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 1930

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x135
  • Wire Fence
  • Rectangular Lot
  • Level Lot
  • Few Trees
  • Back Yard Fenced and Front Yard

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Combination Foundation
  • Shingle Roof
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 576 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • No Cooling
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Front Porch
  • City Lot

Community Details

  • No Home Owners Association
  • Avondale Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,400

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Rental
  • Tax Year: 2023
  • Levels: Two
  • Year Built: 1930
  • Lot Size Acres: 0.12
  • Lot Size: 40x135
  • Subdivision Name: Avondale
  • Above Grade Finished Sq Ft: 576.0
  • Architectural Style: Traditional
  • Living Area: 576.0
  • General Property Info:Lot Size Dimensions: 40x135
  • General Property Info:Above Grade Finished Area: 576.0
  • General Property Info:Total Livable Area: 576.0
  • Baths:_pound_Full Baths 2: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Levels:Two2: Yes
  • Location Legal Info:Real Estate Owned: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Laundry Features:In Basement: Yes
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Water Connected: Yes
  • View:Neighborhood: Yes
  • Roof:Shingle: Yes
  • Fencing:Back Yard: Yes
  • Exterior:Asbestos: Yes
  • Heating Other2: Yes
  • Utilities:Natural Gas Connected: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Tile2: Yes
  • Utilities:Phone Available: Yes
  • Cooling:None8: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Sewer Connected: Yes
  • Foundation Details:Combination: Yes
  • Tax Info:Zoning3: Residential
  • Flooring:Wood4: Yes
  • Fencing:Wire: Yes
  • General Property Info:Building Area Total SqFt: 1152.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Other
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Eat-in Kitchen
  • Total Bedrooms: 1
  • Room: 5
  • Property Type: Residential
  • Other Level: Second
  • SpaFeatures: None
  • Window Features: Double Pane Windows
  • Full Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Fireplace Features:None4: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Oven: Yes
  • Community Features:None24: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Wire
  • Foundation Details: Combination
  • Lot Features: Back Yard, City Lot, Few Trees, Front Yard, Level, Rectangular Lot
  • PoolFeatures: None
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Front Porch, Porch, Rear Porch
  • View: Neighborhood
  • Home Warranty: No
  • Construction Type: Asbestos
  • Lot Features:Back Yard2: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Front Yard2: Yes
  • Patio Porch Features:Front Porch: Yes
  • Patio Porch Features:Porch: Yes
  • Window Features:Double Pane Windows: Yes
  • Patio Porch Features:Rear Porch: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Level: Yes
  • Lot Features:Rectangular Lot: Yes

Garage/Parking

  • Parking Features: Driveway, Gravel
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Electric Range, Gas Water Heater, Water Heater, Washer, Refrigerator, Range, Oven, Electric Oven, Dryer
  • Cooling: None
  • LaundryFeatures: In Basement
  • Utilities: Water Connected, Sewer Connected, Phone Available, Natural Gas Connected, High Speed Internet Available, Electricity Connected, Cable Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association Amenities: None
  • Association: No

Association/Amenities

  • Association Amenities:None12: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 3610
  • Tax Annual Amount: 2400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Aug 27, 2024
Sold by
Snyder Richard W and Snyder Gail Wolfe
Bought by
Vukonich Maryanne
Seller's Agent
Matt Robertson
Century 21 Affiliated
Buyer's Agent
Michaela Martin
RE/MAX Real Estate Professionals
List Price
$99,900
Sold Price
$127,990
Premium/Discount to List
$28,090
28.12%
Views
19
Current Estimated Value
$136,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,260
Avg. Annual Appreciation
6.45%

Purchase Details

Closed on
Aug 12, 2020
Sold by
Snyder Richard L
Bought by
Snyder Richard L and Loeb Catherine A
Source: Public Records

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
Vukonich Maryanne $127,990 Elevate Title Agency
Snyder Richard L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2024 08/27/24 Sold $127,990 +28.1% $222 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $99,900 -- $173 / 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 $2,523 $62,500 $17,700 $44,800
2024 $22 $59,700 $16,400 $43,300
2023 $2,368 $55,000 $14,500 $40,500
2022 $2,265 $49,300 $13,100 $36,200
2021 $2,218 $48,000 $11,600 $36,400
2020 $2,193 $48,000 $11,900 $36,100
2019 $2,115 $53,900 $13,500 $40,400
2018 $2,251 $52,400 $12,900 $39,500
2017 $2,171 $51,800 $14,600 $37,200
2016 -- $51,800 $14,500 $37,300
2015 -- $48,000 $28,000 $20,000
2014 -- $32,400 $27,800 $4,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 282804

Greater Lansing Association of Realtors®

APN: 20-02-18-220-003