NOT LISTED FOR SALE

7662 Madrid Dr Lansing, MI 48917

Estimated Value: $317,000 - $340,000

3 Beds
2.5 Baths
1,954 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: August 27, 2021

Last sale price $277,500 $142 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,213 / mo

13 Days on Market

Highlights

  • Basketball Court
  • View of Trees or Woods
  • Cathedral Ceiling
  • Willow Ridge Elementary School Rated A-
  • Deck
  • Covered Patio or Porch

About This Home

As of August 2021

Welcome to the beautiful 7662 Madrid Drive. This 3 bedroom, 2.5 bath two story home is located in the award-winning Eaton county school district. Featuring a finished lower level with a third full bath stubbed in for future finishing, this home is ideal for both family and friends to visit. Walking in, you will be greeted with a spacious living room that opens to the dining room. As you venture through this home, you will notice freshly painted coffee-house inspired walls that create a warm atmosphere wherever you are. The storage-friendly kitchen features newer appliances, such as a dishwasher and stove. Rounding out the first floor, you will find a mudroom conveniently located off the garage, and a guest half bath. For extra convenience, both entrances feature closets.
On the second floor you will find the primary bedroom and two other bedrooms. The primary room boasts a beautiful cathedral ceiling, walk-in closet and a large primary bath with dual sinks and dual shower heads. Also on this floor you will find two other bedrooms, which would be perfect for a guest room, office or even a workout room. There is also a second guest bath, this one being full. The home has a natural buffer with the woods lining the back of the property, which helps keep the privacy for the backyard, the 20' x 25' basketball court and the two-tiered deck.

Last Agent to Sell the Property

The Karen Austin Team

RE/MAX Real Estate Professionals Listed on: 07/13/2021

Last Buyer's Agent

Tara Fatteh

1 World Realty, LLC License #6502341528

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,088

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 10,062 Sq Ft Lot
  • Lot Dimensions are 88x114.5
  • South Facing Home
  • Landscaped
  • Garden

Parking

  • 2 Car Garage
  • Front Facing Garage

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Insulated Windows
  • Blinds
  • Living Room
  • Dining Room
  • Views of Woods
  • Finished Basement
  • Stubbed For A Bathroom

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Sink Near Laundry
  • Washer Hookup

Home Security

  • Closed Circuit Camera
  • Carbon Monoxide Detectors

Outdoor Features

  • Basketball Court
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • Westcharme Estates Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,088

Year Built

Built in 2006 | Remodeled

Lot Details

10,062 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Property Conditions Updated Remodeled: Yes
  • Current Use: Primary
  • Tax Year: 2020
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 2006
  • Lot Size Acres: 0.23
  • Lot Size: 88x114.5
  • Subdivision Name: Westcharme Estates
  • Above Grade Finished Sq Ft: 1504.0
  • Living Area: 1954.0
  • New Construction: No
  • General Property Info:Lot Size Dimensions: 88x114.5
  • General Property Info:Above Grade Finished Area: 1504.0
  • General Property Info:Total Livable Area: 1954.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Laundry Features:Main Level: Yes
  • Levels:Two2: Yes
  • Appliances Refrigerators: Yes
  • Laundry Features:Washer Hookup: Yes
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Cooling:Central Air: Yes
  • Exterior:Vinyl Siding: Yes
  • Percent Basement Finished: Yes
  • Flooring:Vinyl2: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Utilities:Natural Gas Connected: Yes
  • Flooring:Ceramic Tile: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Sewer Connected: Yes
  • Laundry Features:Sink: Yes
  • View:TreesWoods: Yes
  • Utilities:Phone Connected: Yes
  • Tax Info:Zoning3: Residential
  • Security Features:Closed Circuit Camera(s): Yes
  • General Property Info:Building Area Total SqFt: 2238.0
  • General Property Info:Front Door: South
  • Special Features: None

Interior Features

  • Basement: Bath/Stubbed, Finished
  • Heating: Forced Air, Natural Gas
  • Flooring: Carpet, Ceramic Tile, Varies, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Walk-In Closet(s)
  • Total Bedrooms: 3
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Other Level: First
  • Window Features: Blinds, Insulated Windows, Window Treatments
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 450.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:BathStubbed: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Basketball Court, Garden
  • Foundation Details: Concrete Perimeter
  • Lot Features: Landscaped
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Deck, Front Porch, Porch, Rear Porch
  • View: Trees/Woods
  • Construction Type: Vinyl Siding
  • Direction Faces: South
  • Property Condition: Updated/Remodeled
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Front Porch: Yes
  • Patio Porch Features:Porch: Yes
  • Window Features:Insulated Windows: Yes
  • Patio Porch Features:Rear Porch: Yes
  • Window Features:Blinds: Yes
  • Lot Features:Landscaped: Yes
  • Exterior Features:Garden: Yes
  • Window Features:Window Treatments: Yes
  • Exterior Features:Basketball Court2: Yes

Garage/Parking

  • Parking Features: Garage, Garage Faces Front
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Garage2: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Refrigerator, Range, Dishwasher
  • Cooling: Central Air
  • LaundryFeatures: Main Level, Sink, Washer Hookup
  • SecurityFeatures: Carbon Monoxide Detector(s), Closed Circuit Camera(s)
  • Utilities: Sewer Connected, Phone Connected, Natural Gas Connected, Electricity Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Grand Ledge

Lot Info

  • Lot Size Sq Ft: 10062.36
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2087.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 26, 2021
Sold by
Adams Christopher and Adams Tesa
Bought by
Janga Raj Kumar
Seller's Agent
The Karen Austin Team
RE/MAX Real Estate Professionals
Buyer's Agent
Tara Fatteh
1 World Realty, LLC
List Price
$295,000
Sold Price
$277,500
Premium/Discount to List
-$17,500
-5.93%
Current Estimated Value
$325,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,356
Avg. Annual Appreciation
3.57%
Original Mortgage
$260,300
Outstanding Balance
$236,500
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$89,356

Purchase Details

Listed on
Aug 12, 2019
Closed on
Sep 9, 2019
Sold by
Winans Michael
Bought by
Adams Christopher and Adams Tesa
Seller's Agent
Jennifer Holzwarth
Blue Owl Properties
Buyer's Agent
Jennifer Holzwarth
Blue Owl Properties
List Price
$244,900
Sold Price
$243,900
Premium/Discount to List
-$1,000
-0.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$187,200
Interest Rate
3.6%

Purchase Details

Closed on
Dec 26, 2006
Sold by
Westridge Homes Inc
Bought by
Winana Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 30, 2006
Sold by
Landvest Financial Llc
Bought by
Westridge Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.24%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Janga Raj Kumar $277,500 Ata National Title Group Llc
Adams Christopher $243,900 First American Title
Winana Michael $42,000 Chicago Title
Westridge Homes Inc $42,500 Lawyers Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Janga Raj Kumar $260,300
Previous Owner Adams Christopher $187,200
Previous Owner Winana Michael $148,000
Previous Owner Winana Michael $37,000
Previous Owner Westridge Homes Inc $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2021 08/27/21 Sold $277,500 -5.9% $142 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $295,000 +21.0% $151 / Sq Ft
09/09/2019 09/09/19 Sold $243,900 -0.4% $128 / Sq Ft View Prior Sale
08/16/2019 08/16/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $244,900 -- $129 / Sq Ft
Source: Greater Lansing Association of Realtors®

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 $5,683 $147,300 $0 $0
2024 $2,889 $139,500 $0 $0
2023 $2,709 $133,700 $0 $0
2022 $4,965 $131,200 $0 $0
2021 $4,554 $123,900 $0 $0
2020 $4,492 $120,100 $0 $0
2019 $3,058 $105,551 $0 $0
2018 $2,877 $98,000 $0 $0
2017 $2,811 $94,500 $0 $0
2016 -- $84,200 $0 $0
2015 -- $76,500 $0 $0
2014 -- $74,600 $0 $0
2013 -- $74,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 257467

Greater Lansing Association of Realtors®

APN: 040-084-300-070-00

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