Seller's Agent in 2023
Brenda Patino
RE/MAX Michigan
(517) 930-3195
54 Total Sales
1425 Academy Ln Unit 5 Lansing, MI 48906
3
Beds
2.5
Baths
1,460
Sq Ft
$150/mo
HOA Fee
Highlights
- Deck
- Great Room
- Living Room
- Main Floor Primary Bedroom
- 1 Car Attached Garage
- 4-minute walk to Marshall Park
About This Home
As of December 2023Charming townhouse centrally located in the trendy East Village Neighborhood. Built in 2005, this 1460 sq. ft. home features 3 levels of city-living, all within the comfort of a suburban-feeling community. The south-facing balcony off the main level living space allows for plenty of light and a perfect spot for watching the year-round fireworks from downtown Lansing. A nicely sized bedroom and full bath on the lower level create a sweet spot for a guest suite. The main level boasts an open floor plan including a u-shaped kitchen with generous storage, a cozy dining room and spacious living room with a gas fireplace. Two additional bedrooms are on the third floor. The master bedroom soars with vaulted ceilings and has direct access to the full bath. Full size washer & dryer are located conv eniently on the top floor, right by the bedrooms. Live maintenance-free as part of the Chelsea Square Home Owners Association! Dues include snow removal, lawn care and much more! Parking is made easy with an attached 1.5 car garage and driveway space along with plenty of guest parking. Neighborhood is perfectly situated within minutes of Downtown Lansing, Frandor Shopping Center and MSU!
Last Agent to Sell the Property
RE/MAX Finest License #6506001040 Listed on: 03/31/2012
Property Details
Home Type
- Condominium
Year Built
- Built in 2005
HOA Fees
- $150 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Home Design
- Brick Exterior Construction
- Wood Siding
- Vinyl Siding
Interior Spaces
- 1,460 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Great Room
- Living Room
- Dining Room
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Outdoor Features
- Deck
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- Association fees include water, sewer
- East Village Association
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
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
-
-
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: 35646
APN: 01-01-15-131-005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for Consumers'
personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2025 Greater Lansing Association of REALTORS®
Nearby Homes
- 600 Nantucket Dr Unit 54
- 1440 E Oakland Ave
- 1510 E Oakland Ave
- 603 Worthington Dr Unit 3A27
- 941 Maryland Ave
- 1016 E Oakland Ave
- 1014 E Oakland Ave
- 1309 Vine St
- 1429 Vine St
- 1427 Sheldon St
- 838 May St
- 904 Linden Grove Ave
- 1141 Farrand St
- 1103 Persons Ct
- 1107 N Pennsylvania Ave
- 523 N Fairview Ave
- 1318 Massachusetts Ave
- 129 Clifford St
- 1405 Vermont Ave
- 1145 Ballard St