Seller's Agent in 2018
Rob Buffington
White Pine Sotheby's International Realty
(517) 862-5777
42 in this area
200 Total Sales
628 Wayland Ave East Lansing, MI 48823
--
Bed
--
Bath
1,620
Sq Ft
0.36
Acres
Highlights
- Ranch Style House
- Covered patio or porch
- Fenced
- Marble Elementary School Rated A-
- Forced Air Heating System
- 1-minute walk to Hidden River Park
About This Home
As of August 2018This multi-family property is licensed for six. Both units are rented through the summer of 2018. There are new appliances in unit 1, and newer furnaces in both units. A dividing fence separates the shared backyard. The location is great, with walking distance to East Lansing Schools, MSU campus, and downtown East Lansing, shopping, and restaurants. It is an East Lansing address with lower Meridian Township taxes.
Last Agent to Sell the Property
White Pine Sotheby's International Realty License #6506044394 Listed on: 10/12/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1957
Lot Details
- 0.36 Acre Lot
- Lot Dimensions are 95x165
- Fenced
Home Design
- 1,620 Sq Ft Home
- Ranch Style House
- Shingle Roof
- Aluminum Siding
Parking
- 4 Parking Spaces
- No Garage
Outdoor Features
- Covered patio or porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Additional Features
- Partially Finished Basement
Community Details
- 2 Units
- Grandview Subdivision
Listing and Financial Details
- Total Actual Rent $2,120
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 1, 2022
Sold by
Tintagel Llc
Bought by
Smith Adam J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Outstanding Balance
$206,030
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$118,970
Purchase Details
Listed on
Oct 12, 2017
Closed on
Aug 31, 2018
Sold by
Averill Ronald C
Bought by
Tintagel Llc
Seller's Agent
Rob Buffington
White Pine Sotheby's International Realty
Buyer's Agent
James Fordell
Musselman Realty Company
List Price
$249,800
Sold Price
$232,000
Premium/Discount to List
-$17,800
-7.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$174,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Jun 19, 2014
Closed on
Jun 13, 2014
Sold by
Kundi Aruna and Gupta Jiya L
Bought by
Averill Ronald C
Seller's Agent
Steve Osmar
RE/MAX Real Estate Professionals, Inc. West
Buyer's Agent
Steve Osmar
RE/MAX Real Estate Professionals
List Price
$190,000
Sold Price
$190,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%
Original Mortgage
$142,500
Interest Rate
4.18%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 29, 2013
Sold by
Gupta Vibha K
Bought by
Kundi Aruna and Kundi Jiya L
Purchase Details
Closed on
Apr 30, 2010
Sold by
Chamberlain Bradley C and Chamberlain Cynthia K
Bought by
Gupta Vibha K and Gupta Jiya L
Purchase Details
Closed on
Jun 22, 2006
Sold by
Ramsby Stephen and Ramsby Brenda J
Bought by
Chamberlain Bradley C
Purchase Details
Closed on
Jun 1, 1974
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $285,000 | Liberty Title | |
| Warranty Deed | $232,000 | Tri Title Agency Llc | |
| Warranty Deed | $190,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $152,000 | Trans | |
| Warranty Deed | $147,500 | Landamerica Transnation Titl | |
| Deed | $35,100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $213,750 | New Conventional | |
| Previous Owner | $174,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $142,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2018 08/31/18 | Sold | $232,000 | -7.1% | $143 / Sq Ft |
| 08/22/2018 08/22/18 | Pending | -- | -- | -- |
| 10/06/2017 10/06/17 | For Sale | $249,800 | +31.5% | $154 / Sq Ft |
| 06/13/2014 06/13/14 | Sold | $190,000 | 0.0% | $117 / Sq Ft |
| 06/13/2014 06/13/14 | Pending | -- | -- | -- |
| 06/13/2014 06/13/14 | For Sale | $190,000 | -- | $117 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $98 | $155,500 | $35,100 | $120,400 |
| 2023 | $10,464 | $140,000 | $30,100 | $109,900 |
| 2022 | $7,759 | $122,000 | $26,000 | $96,000 |
| 2021 | $7,602 | $118,800 | $24,800 | $94,000 |
| 2020 | $7,515 | $118,800 | $24,800 | $94,000 |
| 2019 | $7,246 | $96,200 | $26,800 | $69,400 |
| 2018 | $7,965 | $93,300 | $19,500 | $73,800 |
| 2017 | $6,828 | $92,400 | $19,700 | $72,700 |
| 2016 | -- | $92,400 | $19,000 | $73,400 |
| 2015 | -- | $85,600 | $34,870 | $50,730 |
| 2014 | -- | $85,600 | $34,870 | $50,730 |
Source: Public Records
Agents Affiliated with this Home
-
Rob Buffington
-
James Fordell
Buyer's Agent in 2018
James Fordell
Musselman Realty Company
(517) 749-6501
16 in this area
48 Total Sales
-
S
Seller's Agent in 2014
Steve Osmar
RE/MAX Michigan
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 220839
APN: 20-02-17-106-002
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