NOT LISTED FOR SALE

East Lansing, MI 48823

Estimated Value: $264,000 - $314,000

3 Beds
1.5 Baths
1,913 Sq Ft
$151/Sq Ft Est. Value

Last Sold July 25, 2016

Last sale price $126,500 $66 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,952/month

8 Days on Market

Highlights

  • Covered Patio or Porch
  • 1 Car Attached Garage
  • Entrance Foyer
  • Marble Elementary School Rated A-
  • Living Room
  • Shed

About This Home

As of July 2016

Lovely 3 bedroom bi-level home in the City of East Lansing. This home features large open kitchen, combo dining-living room with cathedral ceiling and a great family room on lower level. Beautiful yard with great curb appeal! HomeSteps Buy-A-Home Initiative available for owner occupied buyers ~ earn up to 3% buyer closing costs ~ see terms and conditions attached. This property is eligible under the Freddie Mac First Look Initiative through 6/6/16.Owner occupied offers will only be considered during this time. Seller will contribute an allowance of up to $500 to owner occupant buyers toward the buyer's purchase of a home warranty of their choice--please include in the offer to purchase. See agent remarks. PLEASE SUBMIT A COMPLETED OFFER SUBMISSION CHECKLIST (ATTACHED)W/OFFER. Sold as-is.N OFFERS CONTINGENT ON SALE OF ANOTHER PROPERTY.NO DISCLOSURES. Seller will pay for owner's policy of title insurance w/standard exceptions. Offers are subject to bank addendum. Buyer/buyer's agent are requested to verify all info.-incl.checking w/city/twp zoning/code compliance for possible bldg.violations,code compliance,special assessments,red tag items, HOA/condo fees. LEGAL: Lot 50, Lantern Hill No. 1, City of East Lansing, Ingham County, Michigan, according to the recorded plat thereof, as recorded in Liber 20 of Plats, Page 36, Ingham County Records.

Last Agent to Sell the Property

Tony Schmidt

Tony R. Schmidt Realty, Inc License #6502108587 Listed on: 05/18/2016

Last Buyer's Agent

Joe Vitale

Century 21 Affiliated License #6506045566

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 0.32 Acre Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Bi-Level Home

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

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

Community Details

  • Lantern Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0.32 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 15
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1951
  • Lot Size Acres: 0.32
  • Lot Size: 90X156, .32AC
  • Subdivision Name: Lantern
  • Above Grade Finished Sq Ft: 1866.0
  • Architectural Style: Bi-Level
  • Living Area: 1913.0
  • General Property Info:Lot Size Dimensions: 90X156, .32AC
  • General Property Info:Above Grade Finished Area: 1866.0
  • General Property Info:Total Livable Area: 1913.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Sewer:Public Sewer: Yes
  • Other Structures:Shed(s): Yes
  • General Property Info:ECO Friendly Features: No
  • Architectural Style:Bi-Level: Yes
  • General Property Info:Building Area Total SqFt: 2244.0
  • Special Features: None

Interior Features

  • Basement: Partial
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Entrance Foyer
  • Total Bedrooms: 3
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 47.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Entrance Foyer: Yes
  • Basement:Partial: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:None3: Yes

Exterior Features

  • OtherStructures: Shed(s)
  • Patio And Porch Features: Covered, Porch
  • Home Warranty: No
  • Construction Type: Rough Sawn
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 13939.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4068.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Jul 22, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Stiem Kristen
Seller's Agent
Tony Schmidt
Tony R. Schmidt Realty, Inc
Buyer's Agent
Joe Vitale
Century 21 Affiliated
List Price
$129,900
Sold Price
$126,500
Premium/Discount to List
-$3,400
-2.62%
Current Estimated Value
$287,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,422
Avg. Annual Appreciation
8.90%
Original Mortgage
$122,705
Outstanding Balance
$97,829
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$190,093

Purchase Details

Closed on
Mar 15, 2016
Sold by
Fowler Ronald C
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 30, 2007
Sold by
Maher Gary M and Maher Susan Meintz
Bought by
Fowler Ronald C and Fowler Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 1985
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Stiem Kristen $126,500 None Available
Federal Home Loan Mortgage Corporation $73,500 None Available
Fowler Ronald C $155,000 Talon
-- $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stiem Kristen $122,705
Previous Owner Fowler Ronald C $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2016 07/25/16 Sold $126,500 -2.6% $66 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $129,900 -- $68 / 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 $5,243 $122,800 $36,700 $86,100
2024 $4,896 $112,600 $33,700 $78,900
2023 $4,896 $102,200 $31,200 $71,000
2022 $4,691 $93,900 $27,100 $66,800
2021 $4,611 $87,800 $25,500 $62,300
2020 $4,560 $82,900 $24,100 $58,800
2019 $4,374 $80,900 $24,600 $56,300
2018 $4,782 $77,300 $20,400 $56,900
2017 $4,845 $79,900 $20,900 $59,000
2016 -- $76,700 $20,200 $56,500
2015 -- $73,500 $39,466 $34,034
2014 -- $68,200 $38,549 $29,651
Source: Public Records

Agents Affiliated with this Home

  • Tony Schmidt

    Seller's Agent in 2016

    Tony Schmidt

    Tony R. Schmidt Realty, Inc

    (517) 339-2558

    2 in this area

    62 Total Sales

    Tony Schmidt
    Section Image
  • Joe Vitale

    Buyer's Agent in 2016

    Joe Vitale

    Century 21 Affiliated

    (517) 712-4500

    32 in this area

    255 Total Sales

    Joe Vitale
    Section Image
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Source: Greater Lansing Association of Realtors®

MLS Number: 81764

Greater Lansing Association of Realtors®

APN: 20-02-07-406-019

Michigan Ingham County East Lansing

48823

Not Listed for Sale

Detached

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