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$260,000

Beds
4
Baths
3.0
sq ft
1,369

1724 Melrose Ave, East Lansing, MI 48823

1724 Melrose Ave

East Lansing, MI 48823

  • 2 days on market
Welcome to 1724 Melrose Avenue, a spacious and inviting home that combines comfort and convenience in a sought-after East Lansing neighborhood. This 4-bedroom, 3-bathroom property offers a thoughtful layout with plenty of space for family living. The main floor features two generously sized bedrooms and a full bathroom, providing ideal living space for family or guests. Upstairs, the private owner's suite is a true retreat, complete with a luxurious en-suite bathroom, a cozy loft area perfect for a home office or reading nook, and elegant French doors that open into the suite, adding a touch of charm and separation. The finished basement provides extra living space with high ceilings, a fourth bedroom, and another full bathroom—perfect for additional privacy or as an in-law suite. Outside, the fenced backyard is perfect for privacy, and the covered deck provides a wonderful space to relax or entertain year-round. With its functional layout, great location, and charming features, 1724 Melrose Avenue is ready to become your next home. Don’t miss out on this incredible opportunity!

Details

Property type

Single Family Residence

Est. home value

$226,172

Lot size

6,534 sq ft

Price per sq ft

$190

Year built

1963

Annual property taxes

$3,392

Price History

01/20/2025
Realcomp

Realcomp #20250004373

Listed
$260,000
+4.21%
05/23/2024
Realcomp

Realcomp #630000280379

Removed
$249,500
05/11/2024
Realcomp

Realcomp #630000280379

Pending
$249,500

Schools & Community

Neighborhood: 

Southeast Marble

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

East Lansing

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$108,093
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$131,107
Cash to seller
$108,093

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mercantile Bank Of Michigan

Loan start date

December 2020

Original loan amount

$144,000

Est. remaining balance

$131,107

Interest rate

2.84%

Loan type

New Conventional, 30 year

Seller

Noah Brown and Taylor Ann Brown

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/23/2025 at 8:15 AM

Listing updated: 01/21/2025 at 4:57 PM

Listed by: Anna Holland, Showtime Realty Phone #: (586) 262-4775

MLS: Realcomp #20250004373

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