NOT LISTED FOR SALE

1421 Academy Ln Unit 7 Lansing, MI 48906

Estimated Value: $184,000 - $207,000

3 Beds
1.5 Baths
1,496 Sq Ft
$288/mo HOA Fee

Last Sold January 22, 2021

Last sale price $135,000 $90 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,401/month

19 Days on Market

Highlights

  • Covered patio or porch
  • 1 Car Attached Garage
  • Entrance Foyer
  • Balcony
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of January 2021

Welcome home! This perfectly located condo is convenient to MSU, shopping and downtown Lansing. The open floor plan is great for entertaining. The freshly painted kitchen is open to the dining room and large living room. The living room features a cozy fireplace and private balcony as well. Upstairs is the large primary bedroom with adjoining bath, 2nd floor laundry, and guest room. On the lower level you will find a 3rd bedroom or office space and access to your attached, 1 car garage with extra storage space. This adorable end unit condo is calling your name!

Last Listed By

Erin Munich

RE/MAX Real Estate Professionals License #6501391307 Listed on: 12/14/2020

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • North Facing Home

HOA Fees

  • $288 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room

Kitchen

  • Electric Oven
  • Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Bedroom in Basement
  • Basement Window Egress

Home Security

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, liability insurance, lawn care, fire insurance, exterior maintenance
  • Chelsea Square At East Village Association

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

HOA Fees

$288 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2020
  • Levels: Two
  • Parking Features Garage Spaces: 1.0
  • Year Built: 2005
  • Lot Size: 0
  • Co List Office Mls Id: 894
  • Co List Office Phone: 517-339-8255
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1296.0
  • Living Area: 1496.0
  • General Property Info:Lot Size Dimensions: 0
  • General Property Info:Above Grade Finished Area: 1296.0
  • General Property Info:Total Livable Area: 1496.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Levels:Two2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • Exterior:Vinyl Siding: Yes
  • Exterior:Brick: Yes
  • Cooling:Exhaust Fan: Yes
  • Percent Basement Finished: Yes
  • Laundry Features:Upper Level: Yes
  • Improvements:Balcony: Yes
  • General Property Info:Building Area Total SqFt: 1496.0
  • Fireplace Features:Gas5: Yes
  • General Property Info:Front Door: North
  • Special Features: None

Interior Features

  • Basement: Egress Windows, Finished, Partial
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Entrance Foyer, High Speed Internet, Laminate Counters, Primary Bathroom, Stove Hookup - Electric
  • Total Bedrooms: 3
  • Room: 8
  • Property Type: Residential
  • Bedroom 3 Level: Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 200.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Community Features:Curbs: Yes
  • Community Features:Sidewalks: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Entrance Foyer: Yes
  • Basement:Partial: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Egress Windows: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Balcony
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Porch
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Direction Faces: North
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Attached, Finished, Garage Door Opener
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Finished2: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Microwave, Washer, Refrigerator, Range, Oven, Electric Oven, Dryer, Dishwasher
  • Cooling: Central Air, Exhaust Fan
  • LaundryFeatures: Electric Dryer Hookup, Upper Level
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 288.0
  • Association Fee Frequency: Monthly
  • Association Name: Chelsea Square at East Village
  • Community Features: Curbs, Sidewalks
  • Association: Yes

Association/Amenities

  • Location Legal Info:Association Fee: 288.0
  • Location Legal Info:Association Name: Chelsea Square at East Village
  • Location Legal Info:Association Fee Frequency: Monthly
  • Association Fee Includes:Trash: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Liability Insurance, Lawn Care, Fire Insurance, Exterior Maintenance

Schools

  • Junior High Dist: Lansing

Tax Info

  • Tax Annual Amount: 4315.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2020
Closed on
Jan 22, 2021
Sold by
Wesslen Erik P
Bought by
Vanderbroek Ashley Ruth
Seller's Agent
Erin Munich
RE/MAX Real Estate Professionals
Buyer's Agent
Chad Dutcher
RE/MAX Real Estate Professionals
List Price
$138,000
Sold Price
$135,000
Premium/Discount to List
-$3,000
-2.17%
Total Days on Market
19
Current Estimated Value
$198,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,300
Avg. Annual Appreciation
9.26%
Original Mortgage
$67,500
Outstanding Balance
$51,372
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$146,928

Purchase Details

Listed on
Jun 17, 2016
Closed on
Sep 15, 2016
Sold by
Jarboe Melissa C
Bought by
Wessles Erik P
Seller's Agent
Travis Conti
Coldwell Banker Professionals-Delta
Buyer's Agent
Sharon Gillette
RE/MAX Real Estate Professionals
List Price
$118,900
Sold Price
$116,000
Premium/Discount to List
-$2,900
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Original Mortgage
$92,800
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2013
Sold by
Loznak Heather M
Bought by
Jarboe Melissa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 31, 2006
Sold by
B K G Lansing Llc
Bought by
Loznak Heather M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,660
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vanderbroek Ashley Ruth $135,000 None Available
Wessles Erik P $116,000 None Available
Jarboe Melissa C $94,500 None Available
Loznak Heather M $149,575 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanderbroek Ashley Ruth $67,500
Previous Owner Wessles Erik P $92,800
Previous Owner Jarboe Melissa C $94,500
Previous Owner Loznak Heather $110,579
Previous Owner Loznak Heather M $119,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $135,000 -2.2% $90 / Sq Ft
01/02/2021 01/02/21 Pending -- -- --
12/14/2020 12/14/20 For Sale $138,000 +19.0% $92 / Sq Ft
09/19/2016 09/19/16 Sold $116,000 -2.4% $78 / Sq Ft
08/25/2016 08/25/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $118,900 -- $79 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $40 $88,200 $7,500 $80,700
2023 $4,657 $80,100 $7,500 $72,600
2022 $4,192 $69,500 $6,300 $63,200
2021 $3,376 $65,400 $7,500 $57,900
2020 $4,315 $64,600 $7,500 $57,100
2019 $4,174 $63,300 $7,500 $55,800
2018 $3,953 $50,900 $7,500 $43,400
2017 $4,007 $50,900 $7,500 $43,400
2016 $2,593 $47,800 $7,500 $40,300
2015 $2,593 $46,600 $15,000 $31,600
2014 $2,593 $46,400 $15,000 $31,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 252019

Greater Lansing Association of Realtors®

APN: 01-01-15-131-007