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East Lansing 48823
1557 Ann Street
$138,000
House - For Sale

1557 Ann Street

East Lansing, MI 48823
bedrooms
3 Beds
bathrooms
1 Bath
square feet
912 Sqft
$921
Estimated Monthly
11.80%
Cap Rate

About This Property

Welcome to 1557 Ann St in East Lansing! This is a flipper's dream come true. Nice sized three bedroom, one bathroom ranch on a double lot with an additional sunroom off the back. There is a dual driveway with access to a single car garage. The roof is newer, but the rest of the house needs work. Great location on the corner of John R St and Ann St. HOME IS BEING SOLD AS-IS WITH ALL THE CONTENTS. Cash only sales.

The manager has listed the unit size as 912 square feet.
Unit Size
912Ft²
Days on Market
13 days
Land Size
0.32 acres
Price per sqft
$151
Property Type
House
Property Taxes
$243
HOA Dues
-
Year Built
1956

Listed By

Peter MacIntyre
Peter MacIntyre
RE/MAX Real Estate Professionals, Inc. East Lansing
Last updated: 13 days ago (GLARMI #281418)

Price History

Date / Event Date Event Price
Jun 14, 2024 Listed by First Home Real Estate Inc $138,000
Listed by First Home Real Estate Inc
Jun 1, 1987 Sold $46,000
Sold
Jun 1, 1980 Sold $44,500
Sold

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Wood Siding

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Basement Area: 912
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,896
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 896
  • Total Building Area: 912
  • Gross Building Area: 912
  • Building Area: 912
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 912
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: HOMESTEAD TERRACE
  • Land Acres: 0.319
  • Legal Description 1: LOT 27 HOMESTEAD TERRACE

Ownership

  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: East Lansing School District
  • School Tax School District: 33010
  • Census Tract: 004301

Zoning

  • Zoning: R1

Geography

  • District: 20-02
  • Parcel: 33-20-02-17-116-008
  • Lot: 27
  • Municipality: EAST LANSING CITY
  • Latitude: 42.7356
  • Longitude: -84.4601

    Address

  • Full Address: 1557 Ann St
  • Legal Unit: 27
  • Address - House Number: 1557
  • Address - Street Name: Ann
  • Address - Suffix Type: St
  • State: MI
  • City Name: East Lansing
  • Carrier Code: C003
  • 4-Digit Zip Code: 3701
  • Zip Code: 48823

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $2,741

    Appraisal Valuation

  • Standard Deviation: 0.2168
  • Valuation Date: Sep 07, 2022
  • Confidence Score: 70
  • Final Value: 176,315
  • High Value: 214,547
  • Low Value: 138,082

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $35,000
  • First Open Lien Mortgage Lender: PFCU
  • First Open Lien Mortgage Recording Date: Feb 03, 2021
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $35,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jan 27, 2036

    Market Valuation

  • Market Total Value: $130,400
  • Market Land Value: $47,600
  • Market Improvement Value: $82,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,200
  • Assessed Land Value: $23,800
  • Assessed Improvements Value: $41,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 1987
  • Current Sale Recording Date: Jun 01, 1987
  • Current Sale Transaction ID: 1660378629
  • Current Sale Price: $46,000
  • Current Sale Document Type: unknown
  • Previous Sale Recording Date: Jun 01, 1980
  • Previous Sale Contract Date: Jun 01, 1980
  • Previous Sale Amount: $44,500
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
939 ft²
$133/ft²
$125,000 Dec 7, 2020
$125,000 Jan 6, 2021
$217/mo

About East Lansing


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Frequently Asked Questions

When was property at 1557 Ann Street built and last sold?
The property at 1557 Ann Street was built in 1956 and last sold on Jun 1, 1987 for $46,000.
How much is this home worth?
The estimated value of the home located at 1557 Ann Street is $140,048.
What are some comparable homes to 1557 Ann Street?
Homes that are comparable to 1557 Ann Street include a house property at 1566 Snyder Road, located in East Lansing, MI.

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