NOT LISTED FOR SALE

East Lansing, MI 48823

Estimated Value: $378,247 - $412,000

6 Beds
4 Baths
2,699 Sq Ft
$146/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $342,400 $127 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,003/month

Highlights

  • Colonial Architecture
  • 8 Car Detached Garage
  • High Speed Internet
  • Marble Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Pull up to this duplex one block from Marble Elementary and biking distance to MSU and appreciate the pride of ownership. 672 was at one time the current owners unit (original owner/builder) and offers large living room in front, great room with beamed ceiling providing dining and family room with door to large back deck. 1/2 bath on first floor. Lower level with laundry. 2nd floor offers 1 bedroom that utilizes a main hall bath. Other bedroom has sitting area, sleeping area and walk through closet that leads into a dressing area and attached full bath. 670 has been fully renovated with new kitchen and baths, new appliances, flooring and fresh paint. This unit offers 3 beds 1.5 baths laundry in basement and deck adjoining. 2 car detached garage w/1 space for each unit +4 more parking spot

Last Agent to Sell the Property

Joseph Vitale

Century 21 Affiliated License #6506045566 Listed on: 06/16/2022

Century 21 Affiliated

Last Buyer's Agent

Cabus Dewey

EXIT Realty Home Partners License #6501403441

EXIT Realty Home Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,967

Year Built

  • Built in 1967

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 71x90

Home Design

  • Duplex
  • Colonial Architecture
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,699 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Laundry in unit

Parking

  • 8 Car Detached Garage
  • Carport
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $30,600

Community Details

Overview

  • 2 Units
  • Avondale Subdivision

Building Details

  • Insurance Expense $1,200
  • Other Expense $2,400
  • New Taxes Expense $7,966
  • Net Operating Income $19,034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,967

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Gross Rent: 30600.0
  • Miscellaneous: 2400.0
  • Net Income: 19034.0
  • Tax Year: 2021
  • Levels: Two
  • Year Built: 1967
  • Lot Size Acres: 0.2
  • Lot Size: 71x90
  • Subdivision Name: Avondale
  • Above Grade Finished Sq Ft: 2699.0
  • Architectural Style: Colonial
  • General Property Info:Lot Size Dimensions: 71x90
  • General Property Info:Above Grade Finished Area: 2699.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • Architectural Style:Colonial: Yes
  • Tax Info:Taxes2: 7967.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: Duplex
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Insurance4: 1200.0
  • Annual Inc Expense:Tax Expense2: 7966.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: Carport, Detached, Driveway, Garage, Garage Door Opener
  • Attached Garage: No
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage2: Yes
  • Parking Features:Detached: Yes
  • General Property Info:Parking Total: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • LaundryFeatures: In Unit
  • Utilities: High Speed Internet Available, Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 3609

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2023
Sold by
Stump Joseph
Bought by
Bairs Lair Ii Llc
Current Estimated Value
$394,312

Purchase Details

Listed on
Jun 16, 2022
Closed on
Jul 28, 2022
Sold by
Raymond T Jusick And Beverly J Jusick Tr
Bought by
Stump Joseph
Seller's Agent
Joseph Vitale
Century 21 Affiliated
Buyer's Agent
Cabus Dewey
EXIT Realty Home Partners
List Price
$339,900
Sold Price
$342,400
Premium/Discount to List
$2,500
0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$238,000
Interest Rate
5.3%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Bairs Lair Ii Llc -- None Listed On Document
Stump Joseph $342,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stump Joseph $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $342,400 +0.7% $127 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $339,900 -- $126 / 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 $10,947 $161,600 $29,900 $131,700
2024 $96 $155,500 $27,700 $127,800
2023 $10,433 $140,000 $24,500 $115,500
2022 $8,136 $122,000 $22,100 $99,900
2021 $7,967 $118,800 $19,600 $99,200
2020 $7,874 $118,800 $20,100 $98,700
2019 $7,594 $127,100 $22,800 $104,300
2018 $8,082 $123,500 $21,800 $101,700
2017 $7,797 $122,400 $24,700 $97,700
2016 -- $122,400 $24,500 $97,900
2015 -- $113,400 $47,333 $66,067
2014 -- $113,400 $46,995 $66,405
Source: Public Records

Agents Affiliated with this Home

  • Joseph Vitale

    Seller's Agent in 2022

    Joseph Vitale

    Century 21 Affiliated

    (517) 887-0800

    31 in this area

    263 Total Sales

    Joseph Vitale
    Section Image
  • Cabus Dewey

    Buyer's Agent in 2022

    Cabus Dewey

    EXIT Realty Home Partners

    (517) 303-9777

    6 in this area

    48 Total Sales

    Cabus Dewey
    Section Image
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Source: Greater Lansing Association of Realtors®

MLS Number: 266028

Greater Lansing Association of Realtors®

APN: 20-02-18-204-024

Michigan Ingham County East Lansing

48823

This home since 16 June 2022 and is currently estimated at $394,312, approximately $146 per square foot. This property was built in 1967. This home is a home located in Ingham County with nearby schools including Marble Elementary School, MacDonald Middle School, and East Lansing High School.

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