1425 Academy Ln Unit 5 Lansing, MI 48906
3
Beds
2.5
Baths
1,925
Sq Ft
$323/mo
HOA Fee
Highlights
- Boat Slip
- Balcony
- Dual Closets
- Open Floorplan
- 1 Car Attached Garage
- 4-minute walk to Marshall Park
About This Home
As of December 2023Wonderful 2005 build 3-bedroom, 2.5-bathroom condo centrally located in Lansing. The main level has a spacious living room with a gas fireplace and a slider that leads to the balcony. The kitchen has all the
appliances and plenty of cupboard space. There's a convenient half bathroom leading to the upper level. The upper level has two bedrooms and a full bathroom. The lower level has a bedroom, full bathroom, and access to the attached garage. Don't miss this gem!
Last Agent to Sell the Property
RE/MAX Real Estate Professionals License #6501300087 Listed on: 09/13/2023
Last Buyer's Agent
Non Member
Non Member Office
Property Details
Home Type
- Condominium
Year Built
- Built in 2005
HOA Fees
- $323 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Additional Parking
Home Design
- Brick Exterior Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Open Floorplan
- Decorative Fireplace
- Fireplace Features Blower Fan
- Fireplace With Gas Starter
- Living Room with Fireplace
- Dining Room
- Carpet
Kitchen
- Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Dual Closets
Laundry
- Laundry on upper level
- Washer and Dryer
Finished Basement
- Walk-Out Basement
- Bedroom in Basement
- Basement Window Egress
Home Security
Outdoor Features
- Boat Slip
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 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 Association
- East Village Subdivision
- On-Site Maintenance
- Community Parking
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2023
Closed on
Dec 28, 2023
Sold by
Shaheen Elias J and Shaheen Yvette
Bought by
Luedtke Kristen
Seller's Agent
Brenda Patino
RE/MAX Real Estate Professionals
Buyer's Agent
Non Member
Non Member Office
List Price
$194,900
Sold Price
$175,000
Premium/Discount to List
-$19,900
-10.21%
Views
312
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,933
Avg. Annual Appreciation
13.09%
Original Mortgage
$98,000
Outstanding Balance
$96,744
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$115,530
Purchase Details
Listed on
Mar 31, 2012
Closed on
Oct 29, 2012
Sold by
Fannie Mae
Bought by
Shaheen Elias J and Shaheen Yvette
Seller's Agent
Joe Mullaney
RE/MAX Finest
Buyer's Agent
Mona El Minyawi
EXP Realty - Lansing
List Price
$67,700
Sold Price
$67,700
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Purchase Details
Closed on
Aug 4, 2011
Sold by
Karia Kishor and Karia Ojus K
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
May 28, 2009
Sold by
Karia Kishor
Bought by
Chelsea Square At East Village Condomini
Purchase Details
Closed on
Sep 25, 2006
Sold by
B/K/G Lansing Llc
Bought by
Karia Kishor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $175,000 | Diversified National Title | |
| Deed | $67,700 | None Available | |
| Sheriffs Deed | $104,449 | None Available | |
| Sheriffs Deed | $7,174 | None Available | |
| Corporate Deed | $150,995 | Metropolitan Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $98,000 | New Conventional | |
| Previous Owner | $135,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/28/2023 12/28/23 | Sold | $175,000 | -5.4% | $91 / Sq Ft |
| 12/18/2023 12/18/23 | Pending | -- | -- | -- |
| 12/04/2023 12/04/23 | Price Changed | $184,900 | -2.6% | $96 / Sq Ft |
| 11/02/2023 11/02/23 | Price Changed | $189,900 | -2.6% | $99 / Sq Ft |
| 09/13/2023 09/13/23 | For Sale | $194,900 | +15492.0% | $101 / Sq Ft |
| 07/25/2017 07/25/17 | Sold | $1,250 | -10.7% | $1 / Sq Ft |
| 03/31/2017 03/31/17 | For Sale | $1,400 | -97.9% | $1 / Sq Ft |
| 11/01/2012 11/01/12 | Sold | $67,700 | 0.0% | $46 / Sq Ft |
| 10/08/2012 10/08/12 | Pending | -- | -- | -- |
| 03/31/2012 03/31/12 | For Sale | $67,700 | -- | $46 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $45 | $86,900 | $7,500 | $79,400 |
| 2023 | $4,435 | $79,000 | $7,500 | $71,500 |
| 2022 | $4,044 | $68,500 | $6,300 | $62,200 |
| 2021 | $3,950 | $64,500 | $7,500 | $57,000 |
| 2020 | $3,923 | $63,700 | $7,500 | $56,200 |
| 2019 | $3,794 | $62,400 | $7,500 | $54,900 |
| 2018 | $3,594 | $49,800 | $7,500 | $42,300 |
| 2017 | $3,461 | $49,800 | $7,500 | $42,300 |
| 2016 | $2,539 | $46,800 | $7,500 | $39,300 |
| 2015 | $2,539 | $45,600 | $15,000 | $30,600 |
| 2014 | $2,539 | $45,400 | $15,000 | $30,400 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Brenda Patino
RE/MAX Michigan
(517) 930-3195
54 Total Sales
-
N
Buyer's Agent in 2023
Non Member
Non Member Office
-
M
Seller's Agent in 2017
Mona El-Minyawi
Keller Williams Realty Lansing
-
Buyer's Agent in 2017
Mona El Minyawi
EXP Realty - Lansing
(517) 853-6411
3 Total Sales
-
Seller's Agent in 2012
Joe Mullaney
RE/MAX Michigan
(517) 325-5888
162 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 275984
APN: 01-01-15-131-005
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Copyright © 2025 Greater Lansing Association of REALTORS®
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