NOT LISTED FOR SALE

1423 Academy Ln Lansing, MI 48906

Estimated Value: $203,000 - $217,000

3 Beds
2.5 Baths
1,536 Sq Ft
$308/mo HOA Fee

Last Sold August 02, 2021

Last sale price $174,500 $114 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,490/month

36 Days on Market

Highlights

  • Living Room
  • Central Heating and Cooling System
  • Dining Room

About This Home

As of August 2021

Beautiful condo located in East Village neighborhood! Property at very convenient location, close to everything, eg. MSU, LCC, Sparrow, State Building, Frandor shopping center, freeway entrance and downtown Lansing, etc. Great floor plan with 3bedrooms & 2.5 bathrooms. Fully remodeled in recently years. Main level with open floor plan is great for entertaining. Kitchen is open to the dining room and large living room. Upstairs master bedroom with vaulted ceilings, adjoining bath, 2nd floor laundry, and guest room. Lower level with 3rd bedroom/office space. Property in move-in ready condition.

Last Listed By

Sophie Shi

Aspire Real Estate MI License #6502418645 Listed on: 06/04/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,082

Year Built

  • Built in 2005

HOA Fees

  • $308 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • East Village Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,082

Year Built

Built in 2005

Lot Details

0

HOA Fees

$308 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: undefinedxundefined
  • Subdivision Name: East Village
  • Above Grade Finished Sq Ft: 1296.0
  • Living Area: 1536.0
  • General Property Info:Lot Size Dimensions: undefinedxundefined
  • General Property Info:Above Grade Finished Area: 1296.0
  • General Property Info:Total Livable Area: 1536.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths B: 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
  • Sewer:Public Sewer: Yes
  • Cooling:Central Air: Yes
  • Exterior:Vinyl Siding: Yes
  • Laundry Features:Upper Level: Yes
  • General Property Info:Building Area Total SqFt: 1685.0
  • Special Features: None

Interior Features

  • Basement: Other
  • Heating: Central
  • Total Bedrooms: 3
  • Room: 4
  • Property Type: Residential
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 240.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Basement:Other3: Yes

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Microwave, Water Heater, Washer, Refrigerator, Range, Oven, Dryer, Dishwasher
  • Cooling: Central Air
  • LaundryFeatures: Upper Level
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Heater: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee: 308.0
  • Association Fee Frequency: Monthly
  • Association Name: n/a
  • Association: Yes

Association/Amenities

  • Location Legal Info:Association Fee: 308.0
  • Location Legal Info:Association Name: n/a
  • Location Legal Info:Association Fee Frequency: Monthly

Schools

  • Junior High Dist: Lansing

Tax Info

  • Tax Carrier Route: 5573
  • Tax Annual Amount: 4082.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 11, 2021
Sold by
Huang Anthony W and Liang Anni
Bought by
Kolehmainen Rochelle M and Kolehmainen Lowell D
Seller's Agent
Sophie Shi
Aspire Real Estate MI
Buyer's Agent
Lisa VanderMeer
Coldwell Banker Professionals-E.L.
List Price
$169,900
Sold Price
$174,500
Premium/Discount to List
$4,600
2.71%
Total Days on Market
36
Current Estimated Value
$210,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,131
Avg. Annual Appreciation
6.21%
Original Mortgage
$161,700
Outstanding Balance
$149,238
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$70,281

Range of Values:

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Average Value
Not Available
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
Kolehmainen Rochelle M $174,500 Transnation Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolehmainen Rochelle M $161,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $174,500 -3.1% $114 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
06/24/2021 06/24/21 Price Changed $180,000 +5.9% $117 / Sq Ft
06/03/2021 06/03/21 For Sale $169,900 -- $111 / 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 $41 $90,100 $7,500 $82,600
2023 $4,754 $81,800 $7,500 $74,300
2022 $4,280 $71,000 $6,300 $64,700
2021 $4,110 $66,800 $7,500 $59,300
2020 $4,082 $66,000 $7,500 $58,500
2019 $3,948 $64,600 $7,500 $57,100
2018 $3,740 $51,900 $7,500 $44,400
2017 $3,601 $51,900 $7,500 $44,400
2016 $2,641 $48,700 $7,500 $41,200
2015 $2,641 $47,500 $15,000 $32,500
2014 $2,641 $47,300 $15,000 $32,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 256136

Greater Lansing Association of Realtors®

APN: 01-01-15-131-006