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$249,500

Beds
3
Baths
2.0
sq ft
1,338

447 Spartan Ave, East Lansing, MI 48823

447 Spartan Ave

East Lansing, MI 48823

  • 60 days on market
    • Price drop $10,000↓
This move-in-ready Cape Cod-style home sits on a spacious corner double lot (0.27 acres), just a short walk from the vibrant and rapidly growing downtown East Lansing. Offering 3 bedrooms and 2 bathrooms and 1,338 sq ft of living space, it features a brand-new master bathroom floor and a fully updated plumbing system from just 2 years ago. The main level boasts gorgeous hardwood floors, while the upstairs is comfortably carpeted. The partially finished basement includes a full bathroom, laundry area, and a flexible space perfect for entertainment or relaxation. Outside, enjoy the expansive backyard and the convenience of a separate 1-car garage. This home is truly move-in ready and full of modern updates. Schedule your showing today to see it for yourself!

Details

Property type

Single Family Residence

Est. home value

$236,543

Lot size

0.26 acres

Price per sq ft

$187

Year built

1941

Annual property taxes

$5,859

Price History

12/06/2024
Realcomp

Realcomp #20240080595

Price change
$249,500
-3.85%
11/18/2024
Realcomp

Realcomp #20240080595

Price change
$259,500
-3.71%
10/24/2024
Realcomp

Realcomp #20240080595

Listed
$269,500
+48.08%

Schools & Community

Neighborhood: 

Bailey

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

$75,134
Asking price
$249,500
Closing costs (~8% of asking)
-$19,960
Est. remaining loan balance
-$154,406
Cash to seller
$75,134

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

August 2020

Original loan amount

$170,300

Est. remaining balance

$154,406

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Michael C Douglas and Jill M Douglas

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?

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Status: Active

Tomo last checked: 12/23/2024 at 9:00 PM

Listing updated: 12/15/2024 at 10:10 AM

Listed by: Scott Fader, Joseph Walter Realty, LLC Phone #: (248) 294-7850

MLS: Realcomp #20240080595

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