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Backup Offers

420 Bailey St, East Lansing, MI, 48823

$249,999

Home List Price

$2,969*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,572 SqFt
$159/SqFt
House
Schools Nearby

Location

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420 Bailey St, East Lansing$249,999

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage
Garage1 space
Year Built1937
HeatingForced Air, Natural Gas
CoolingCentral Air, Exhaust Fan
BasementYes
ViewCity, Neighborhood
MLS #279938
Lot Size0.16 Acres
StatusAccepting Backup Offers
(Active Backup)

About 420 Bailey St

Experience the allure of the Bailey neighborhood! This 1937 two-story home exudes charm with its mature tree-lined streets. Walk to MSU and downtown East Lansing! Originally purchased by the owners for their sons attending MSU, this home now awaits its next chapter. Step inside to discover gleaming hardwood floors, elegant French doors, and a spacious living room with a quaint archway. The kitchen boasts ample storage, stainless-steel appliances, and a cozy family room. A large bonus room leads to the rear yard and detached 1 car garage. Upstairs, find 3 large bedrooms with ample desk space and a full bathroom. The basement features laundry, a built-in workbench, and storage. Updates include a newer furnace, AC, garage roof (2018), and flat roof over the addition (Nov. 2019). Don't miss this chance to live in the heart of MSU!

Property Details

Property Features

Property Information:

  • Year Built: 1937
  • Living Area: 1,572 SqFt

Listing Office:

  • Office Name: RE/MAX Real Estate Professionals
  • Office Phone: (517) 339-8255
  • Listing Agent: Kelsie Simmon

Interior Features

Interior Information:

  • Appliances: Disposal, Gas Oven, Gas Water Heater, Microwave, Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Basement: Yes
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fan(s), Entrance Foyer, High Speed Internet, Natural Woodwork

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: City, Neighborhood

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Garage

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Exhaust Fan

Other

Directions Information:

  • Directions: BAILEY ST BETWEEN ELIZABETH ST & LINDEN S

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,999
  • Price Per SqFt: $159/SqFt

Tax Information:

  • Annual Amount: $4,564
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in East Lansing, MI.

Med. Sold Price

$280K

Med. Price/SqFt

$147

Avg. Days On Market

21

# of Sold Homes

25

420 Bailey St vs East Lansing

13 DAYS ON ROCKET

-8 Days

$249,999

-$30K Less

$159/SqFt

+$11 More

KEY TAKEAWAY

This property is $30K less than the Median Sold Price and $11/SqFt more than other homes in East Lansing, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Lansing Association of REALTORS®
  • MLS Number: #279938

Listing Office:

  • Office Name: RE/MAX Real Estate Professionals
  • Office Phone: (517) 339-8255
  • Listing Agent: Kelsie Simmon

IDX Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Copyright © 2024 Greater Lansing Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 4:20:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 20, 2020Home Sold
$193,900
Jun 18, 2015Home Sold
$163,000
Aug 17, 2011Home Sold
$147,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,564$102,500
2020$4,563$95,500
2019$4,990$89,900
2018$4,608$81,400
2017$4,608$79,500

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3802638
5
/10
  • Marble School

  • 729 N Hagadorn Rd

  • 0.71 miles

  • Public District Grades KG-4

school-card-donut-3802639
5
/10
  • Donley Elementary School

  • 2961 E Lake Lansing Rd

  • 1.45 miles

  • Public District Grades KG-4

school-card-donut-3802640
7
/10
  • Pinecrest School

  • 1811 Pinecrest Dr

  • 1.55 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,343. The majority of East Lansing, MI residents have income less than $35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 420 Bailey St

What is the listing price of this property?

The listing price of 420 Bailey St property is $249,999.

What type of property is this?

The property 420 Bailey St is a house located in East Lansing, Michigan, 48823.

Is this property for sale now?

Accepting Backup Offers: 420 Bailey St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,564 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 20, 2020 for $193,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 420 Bailey St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 420 Bailey St is 1,572 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 420 Bailey St is 1937.

Rocket HomesMichiganIngham CountyEast Lansing48823420 Bailey St

This home is located at 420 Bailey St in East Lansing, MI and zip code 48823. This 1,572 square foot home, which was built in 1937, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $249,999.

While more than 7 listings in East Lansing, MI in March 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 12 were sold below. In March 2024 in East Lansing, MI there were 10.6% more homes for sale than in February 2024. In March 2024, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $280,000.

From Rocket Homes Real Estate and based on county public records data.

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