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640 Aquila Drive

640 Aquila Drive, East Lansing, MI 48823
Property in East Lansing
Sold Sep 24, 2021
$569,900
$340,000 by Capital Area School Employees
Mortgage Due Oct 01, 2051
Sold Dec 02, 2008
$420,000
$336,000 by Gmac Mortgage Llc
Mortgage Due Dec 01, 2018
Local assessors in East Lansing, MI have categorized 640 Aquila Drive as a residential type of property. The home was built in 2005 and is 19 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 640 Aquila Drive has a total of 1,778 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a storm sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 640 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable or hip style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 640 Aquila Drive was last sold in Sep 13, 2021 for $569,900. According to our calculations, that's $320.53 per sqft. Prior to that sales transaction, the property was sold for $420,000 in Nov 26, 2008. Current property owners are expected to pay $10,959 in taxes per year. The property on 640 Aquila Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $252,000. To break that down further, the land itself was valued at $41,900. While improvements to the property were assessed at a total of $210,100. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 10
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 5
  • Building Quality: B
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,778
  • Garage Type: Detached
  • Garage Square Area: 640
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,778
  • Building Area: 1,778
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,778
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EAGLE EYE CONDO
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT #10 EAGLE EYE CONDOMINIUM

Ownership

  • Current Owner : SPADAFORE MICHAEL
  • Current Owner 2: SPADAFORE NANCY
  • Previous Owner : SHAPIRO JEFFREY M
  • Previous Owner 2: SHAPIRO KIM D
  • Owner Before Previous Owner: NICHOLS JUDY A
  • Owner Before Previous Owner 2: NICHOLS TIMOTHY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bath Community Schools
  • School Tax School District: 33021
  • Census Tract: 010104

Zoning

  • Zoning: R1

Geography

  • District: 19-20
  • Parcel: 19-20-50-25-301-010
  • Municipality: EAST LANSING CITY
  • Latitude: 42.7865
  • Longitude: -84.4968

    Address

  • Full Address: 640 Aquila Dr
  • Legal Unit: 10
  • Address - House Number: 640
  • Address - Street Name: Aquila
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: East Lansing
  • Carrier Code: C016
  • 4-Digit Zip Code: 8319
  • Zip Code: 48823

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,959
  • Tax Rate Code Area: 19-20

    Appraisal Valuation

  • Standard Deviation: 0.1508
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 81
  • Final Value: 639,950
  • High Value: 736,457
  • Low Value: 543,443

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $340,000
  • First Open Lien Mortgage Lender: CAPITAL AREA SCHOOL EMPLOYEES
  • First Open Lien Mortgage Recording Date: Sep 24, 2021
  • First Open Lien Mortgage Loan Amount: $340,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $504,000
  • Market Land Value: $83,800
  • Market Improvement Value: $420,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $252,000
  • Assessed Land Value: $41,900
  • Assessed Improvements Value: $210,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 13, 2021
  • Current Sale Recording Date: Sep 24, 2021
  • Current Sale Transaction ID: 11857482762
  • Current Sale Price: $569,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5315765
  • Previous Sale Recording Date: Dec 02, 2008
  • Previous Sale Contract Date: Nov 26, 2008
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAPITAL AREA SCHOOL EMPLOYEES
  • First Mortgage Transaction Date: Sep 24, 2021
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GMAC MORTGAGE LLC
  • Previous Mortgage Transaction Date: Dec 02, 2008
  • Previous Mortgage Loan Amount: $336,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2018

About East Lansing



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Frequently Asked Questions

What neighborhood is 640 Aquila Drive located in?
The 640 Aquila Drive is a located in the neighborhood of East Lansing in East Lansing, East Lansing.
What is the average sales price for listings in 640 Aquila Drive?
The average sales price for units in 640 Aquila Drive is $0 currently.

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