$360,000
SOLD AUG 29, 2023

637 Lexington Ave East Lansing, MI 48823

6 Beds
2 Baths
3,520 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$102 Per Sq Ft

1% Above List Price

102 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • Dogs and Cats Allowed
  • Marble Elementary School Rated A-
  • Laundry Facilities
  • Fenced

About This Home

As of August 2023

Opportunity is knocking at your door! Fully remodeled and occupied Duplex in beautiful East Lansing and close to MSU Campus!
Both units have been completely remodeled, and have newer appliances. Class IV license. The property is currently vacant. Previous long-term tenants paid $1800 per unit

Last Agent to Sell the Property

Kristi Crowe-Roberts

KNE Realty 360, Inc License #6502400899 Listed on: 05/18/2023

Co-Listed By

Ed Roberts

KNE Realty 360, Inc License #6501373542

Last Buyer's Agent

Mariah Grumblatt

KW Domain License #6501420964

KW Domain

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973 | Remodeled in 2021

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60.00 x 127.00
  • Fenced

Home Design

  • Duplex
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 3,520 Sq Ft Home
  • 2-Story Property
  • Basement Window Egress

Parking

  • 4 Parking Spaces
  • Unassigned Parking

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 33200218208008
  • $2,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Avondale Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1973 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 189.00
  • Year Built: 1973
  • State Equalized Value: 122000.0000
  • Year Renovated: 2021
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Egress Window(s), Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 3520
  • Total Sq Ft: 3520

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Unassigned/General
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: East Lansing

Lot Info

  • Lot Size Area: 0.17
  • Lot Dimensions: 60.00 x 127.00
  • Parcel Number: 33200218208008
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 3500

Tax Info

  • Tax Amount Summer: 8171.0000
  • Tax Amount Winter: 1013.0000
  • Total Tax: 9184.0000
  • Taxable Value: 122000.0000

Multi Family

  • Gross Scheduled Income: 42000.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: East Lansing

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Aug 29, 2023
Sold by
Bunnell Anthony
Bought by
Cotter Thomas
Seller's Agent
Kristi Crowe-Roberts
KNE Realty 360, Inc
Buyer's Agent
Mariah Grumblatt
KW Domain
List Price
$355,000
Sold Price
$360,000
Premium/Discount to List
$5,000
1.41%
Views
130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.30%
Original Mortgage
$288,000
Outstanding Balance
$282,642
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$79,418

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jun 8, 2021
Sold by
Jonna Salim and Jonna Imad
Bought by
Bunnell Anthony
Seller's Agent
Brian Kasper
EXIT Great Lakes Realty
Buyer's Agent
Non Member
Non Member Office
List Price
$259,900
Sold Price
$270,000
Premium/Discount to List
$10,100
3.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.84%
Original Mortgage
$279,720
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Jul 30, 2019
Sold by
Sherman Brian K
Bought by
Jonna Salim and Jonna Imad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,625
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2017
Sold by
Sherman Brian K and Sherman Jack M
Bought by
Green Hat Holdings Llc

Purchase Details

Listed on
Oct 27, 2015
Closed on
Nov 20, 2015
Sold by
Fannie Mae
Bought by
Sherrman Brian K and Sherrman Jack M
Seller's Agent
Tony Schmidt
Tony R. Schmidt Realty, Inc
Buyer's Agent
Tony Schmidt
Tony R. Schmidt Realty, Inc
List Price
$189,900
Sold Price
$184,900
Premium/Discount to List
-$5,000
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%

Purchase Details

Closed on
Apr 1, 2015
Sold by
Green Tree Servicing Llc
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Mar 26, 2015
Sold by
Tocco Matthew P
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Oct 3, 2003
Sold by
Bunce John G
Bought by
Burke Ronald Lloyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2001
Sold by
Lexington Land Trust
Bought by
Bunce John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1985
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $360,000 None Listed On Document
Warranty Deed $270,000 None Available
Warranty Deed $267,500 Transnation Title Agency
Quit Claim Deed -- None Available
Deed $184,900 None Available
Quit Claim Deed -- None Available
Sheriffs Deed $152,000 None Available
Warranty Deed $190,000 Metropolitan Title Okemos
Quit Claim Deed -- Metropolitan Title Company
Deed $97,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,000 New Conventional
Previous Owner $279,720 VA
Previous Owner $200,625 New Conventional
Previous Owner $197,600 New Conventional
Previous Owner $24,700 Stand Alone Second
Previous Owner $177,600 Unknown
Previous Owner $44,400 Stand Alone Second
Previous Owner $152,000 Purchase Money Mortgage
Previous Owner $99,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Pending -- -- --
06/27/2025 06/27/25 For Sale $400,000 +11.1% $114 / Sq Ft
08/29/2023 08/29/23 Sold $360,000 +1.4% $102 / Sq Ft
05/18/2023 05/18/23 For Sale $355,000 +31.5% $101 / Sq Ft
06/08/2021 06/08/21 Sold $270,000 +3.9% $77 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $259,900 +40.6% $74 / Sq Ft
11/20/2015 11/20/15 Sold $184,900 -2.6% $53 / Sq Ft
11/07/2015 11/07/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $189,900 -- $54 / 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
2024 $101 $155,500 $23,900 $131,600
2023 $8,426 $140,000 $21,100 $118,900
2022 $9,183 $122,000 $19,100 $102,900
2021 $8,857 $118,800 $16,900 $101,900
2020 $8,877 $118,800 $17,300 $101,500
2019 $9,491 $127,600 $19,600 $108,000
2018 $9,907 $123,800 $18,800 $105,000
2017 $9,671 $122,700 $21,200 $101,500
2016 -- $122,700 $21,100 $101,600
2015 -- $113,500 $40,737 $72,763
2014 -- $113,500 $40,446 $73,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230037681

Realcomp

APN: 20-02-18-208-008