2 months on rocket

642 Cornell Ave, East Lansing, MI, 48823

$270,000

Home List Price

$3,206*

Closing Credit

4 Bedrooms
1 Full Bath
1,068 SqFt
$253/SqFt
House

Location

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642 Cornell Ave, East Lansing$270,000

Buyer Closing Credits

$3,206*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, NoGarage
Year Built1941
HeatingForced Air, Natural Gas
MLS #20240074865
Lot Size0.12 Acres
StatusActive

About 642 Cornell Ave

Certified Rental Income! Current income is $2150 per month, going up to $2200 July 31, 2025 for the next year! This 4-bedroom home is on a 5,401 sq ft stunning lot! Four-minute drive or 15-minute walk to Grand River restaurants and campus. It can be leased to four unrelated individuals, but your work is done—the leases are in place. There is a large storage shed in the enormous backyard. The main level has wood floors, a bar, an inviting front porch, and a full kitchen with a refrigerator, microwave, and stove. Enjoy the on-site laundry room with a washer/dryer. Don't forget: good renters are like free money! Go State!

Property Details

Property Features

Property Information:

  • Architectural Style: CapeCod
  • Year Built: 1941
  • Living Area: 1,068 SqFt

Listing Office:

  • Office Name: Signature Sothebys International Realty GPF
  • Office Phone: (313) 888-8800
  • Listing Agent: Leslie Wagner

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, NoGarage

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Okemos Road to W Grand RIver to N Hagadorn to Left on Burcham to Left on Cornell.

Price Information

Listing Price Info

Price Summary:

  • List Price: $270,000
  • Price Per SqFt: $253/SqFt

Tax Information:

  • Annual Amount: $5,273
  • 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

$304.6K

Med. Price/SqFt

$158

Avg. Days On Market

31

# of Sold Homes

25

642 Cornell Ave vs East Lansing

76 DAYS ON ROCKET

+45 Days

$270,000

-$34.6K Less

$253/SqFt

+$95 More

KEY TAKEAWAY

This property is $34.6K less than the Median Sold Price and $95/SqFt more than other homes in East Lansing, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240074865

Listing Office:

  • Office Name: Signature Sothebys International Realty GPF
  • Office Phone: (313) 888-8800
  • Listing Agent: Leslie Wagner

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:21:10 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

Mar 04, 2020Home Sold
$249,750
Nov 28, 2018Home Sold
$241,000
Sep 06, 2013Home Sold
$118,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,273$96,600
2020$5,272$96,600
2019$5,275$71,800
2018$4,929$69,700
2017$4,929$69,000

History based on county public records data.

Payment Calculator

$1,415

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$876

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NMLS#3030

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-27097
5
/10

  • Marble School

  • 2961 E Lake Lansing Rd Bldg A

  • 1.11 miles

  • Public District Grades KG-5

school-card-donut-27098
3
/10

  • Donley Elementary School

  • 2961 E Lake Lansing Rd Bldg B

  • 1.11 miles

  • Public District Grades PK-5

school-card-donut-27099
6
/10

  • Whitehills Elementary School

  • 621 Pebblebrook Ln

  • 1.13 miles

  • Public District Grades PK-5

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. Most 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 642 Cornell Ave

What is the listing price of this property?

The listing price of 642 Cornell Ave property is $270,000.

What type of property is this?

The property 642 Cornell Ave is a house located in East Lansing, Michigan, 48823.

Is this property for sale now?

Active Listing: 642 Cornell Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,273 (source: MLS/based on county public records data).

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

The last sale was on March 4, 2020 for $249,750. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 642 Cornell Ave has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 642 Cornell Ave is 1,068 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 642 Cornell Ave is 1941.

Rocket Homes›Michigan›Ingham County›East Lansing›48823›642 Cornell Ave

This home is located at 642 Cornell Ave in East Lansing, MI and zip code 48823. This 1,068 square foot home, which was built in 1941, sits on a 0.12 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $270,000.

Over 9 listings were sold over their listed price in November 2024 in East Lansing, MI. In the same period over 11 listings were sold below the listed price and 5 listings were sold for the listed price. The number of listings in East Lansing, MI decreased by 1.5% between October 2024 and November 2024. While the average time on the market in November 2024 was 31 days, the median list price was $304,666.

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

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