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501 Virginia Ave, East Lansing, MI, 48823

$250,000

Home List Price

$2,969*

Closing Credit

4 Bedrooms
2 Full Baths
1,708 SqFt
$146/SqFt
House
Schools Nearby

Location

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501 Virginia Ave, East Lansing$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Garage Door Opener, Garage Faces Front
Garage1 space
Year Built1962
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
ViewNeighborhood
MLS #279947
Lot Size0.12 Acres
Active DateMay 01, 2024
StatusComing Soon

About 501 Virginia Ave

Nestled in the heart of East Lansing, just moments away from the vibrant campus of Michigan State University, lies your perfect haven for an owner occupied home! Welcome to this delightful 4 bedroom, 2 bath ranch-style home, where comfort meets convenience in an unbeatable location. In the highly sought-after East Lansing area, this home offers unparalleled convenience for students, faculty, and professionals alike. Enjoy easy access to MSU campus, dining spots, shopping centers, and recreational facilities. Step inside to discover a thoughtfully designed floor plan boasting three generously sized bedrooms and one full bath on the first floor and one bedroom with egress window add one bath in the lower level, providing ample space for a family, roommate, or guests. Experience modern living with updates from hardwood floors to stylish fixtures and finishes in the kitchen and the baths. Unwind in the comfort of your fenced rear yard perfect for outdoor gatherings, gardening, or simply basking in the sunshine. The woodstove/fire pit is included as well as the patio furniture, the log crib and the flagstone for a patio. There is a sprinkler system in place, so maintaining your lush lawn has never been easier.: Join a welcoming neighborhood community where friendly neighbors and local events create a sense of belonging and camaraderie. Don't miss out on this rare opportunity to call this East Lansing property your own! Schedule a private tour today. The property is in a district which will allow for a future rental license. Parents with students? This is perfect for your student and a roommate!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1962
  • Stories: 1
  • Living Area: 1,708 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Tomie Raines
  • Office Phone: (517) 351-3617
  • Listing Agent: Kathy Birchen

Interior Features

Interior Information:

  • Appliances: Disposal, Microwave, Washer, Refrigerator, Range, Oven, Dryer, Dishwasher
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior: Eat-in Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Neighborhood
  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Garage, Garage Door Opener, Garage Faces Front

Lot Features

Lot Information:

  • Lot: City Lot, Sprinklers In Front, Sprinklers In Rear, Corner Lot
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: NW CORNER BEECH & VIRGINIA

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $146/SqFt

Tax Information:

  • Annual Amount: $4,854
  • Tax Year: 2021
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Housing Market Comparison

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

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East Lansing, MI

City

Med. Sold Price

$280K

Med. Price/SqFt

$147

Avg. Days On Market

21

# of Sold Homes

25

501 Virginia Ave vs East Lansing

$250,000

-$30K Less

$146/SqFt

-$2 Less

KEY TAKEAWAY

This property is $30K less than the Median Sold Price and $2/SqFt less 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: #279947

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Tomie Raines
  • Office Phone: (517) 351-3617
  • Listing Agent: Kathy Birchen

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, 9:20:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 26, 2018Home Sold
$175,000
Feb 01, 2017Home Sold
$129,900

Tax History

YEARPROP. TAXASSESSMENT
2021$4,854$70,700
2020$4,853$69,200
2019$3,953$66,100
2018$4,231$63,900
2017$4,231$63,300

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-3611718
5
/10

  • Marble School

  • 729 N Hagadorn Rd

  • 0.32 miles

  • Public District Grades KG-4

school-card-donut-3611719
5
/10

  • Donley Elementary School

  • 2961 E Lake Lansing Rd

  • 1.29 miles

  • Public District Grades KG-4

school-card-donut-3611720
7
/10

  • Pinecrest School

  • 1811 Pinecrest Dr

  • 2.02 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,937. The most common annual income of people living in East Lansing, MI is less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 Virginia Ave

What is the listing price of this property?

The listing price of 501 Virginia Ave property is $250,000.

What type of property is this?

The property 501 Virginia Ave is a house located in East Lansing, Michigan, 48823.

Is this property for sale now?

Coming Soon: 501 Virginia Ave is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,854 (source: MLS/based on county public records data).

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

The last sale was on November 26, 2018 for $175,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 501 Virginia Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 501 Virginia Ave is 1,708 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 Virginia Ave is 1962.

Rocket Homes›Michigan›Ingham County›East Lansing›48823›501 Virginia Ave

This home is located at 501 Virginia Ave in East Lansing, MI and zip code 48823. This 1,708 square foot home, which was built in 1962, sits on a 0.12 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $250,000.

In March 2024, from all listings sold in East Lansing, MI there were more than 7 sold above asking price, over 12 sold below and more than 6 were sold right at the asked price. Between February 2024 and March 2024, East Lansing, MI real estate market has seen increase in the number of listings by 10.6%. While the average time on the market in March 2024 was 21 days, the median list price was $280,000.

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

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