NOT LISTED FOR SALE

1427 Academy Ln Unit 4 Lansing, MI 48906

Estimated Value: $190,000 - $210,000

3 Beds
2.5 Baths
1,418 Sq Ft
$308/mo HOA Fee

Last Sold May 05, 2021

Last sale price $155,000 $109 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,433/month

11 Days on Market

Highlights

  • Vaulted Ceiling
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Balcony
  • Living Room
  • Dining Room

About This Home

As of May 2021

Just what you've been waiting for. A three bedroom two and a half bath condo in the extremely desirable East Village neighborhood. Great location close to everything. Spacious living room with gas log fireplace. A nicely sized kitchen to perform all of your culinary delights. A master bedroom with vaulted ceilings as well as your laundry pair tucked away in a closet for easy access. This home is tenant occupied so we are asking for 12 hour notice and they are month to month. For the week of 4/19 through 4/23 no showings after 4pm. Please wear a mask and observe all Covid protocol. Don't wait to see this beauty as it won't last long.

Last Listed By

Jeffrey Kelley

RE/MAX Real Estate Professionals License #6501377659 Listed on: 04/15/2021

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

HOA Fees

  • $308 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • 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

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement

Home Security

Utilities

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

Additional Features

  • Balcony
  • North Facing Home

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, liability insurance, lawn care, fire insurance, exterior maintenance
  • Legacy Llc Association

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

HOA Fees

$308 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Investment
  • Tax Year: 2020
  • Levels: Two
  • Parking Features Garage Spaces: 1.0
  • Year Built: 2005
  • Fireplaces: 1
  • Lot Size: Condo
  • Co List Office Mls Id: 894
  • Co List Office Phone: 517-339-8255
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1258.0
  • Living Area: 1418.0
  • General Property Info:Lot Size Dimensions: Condo
  • General Property Info:Above Grade Finished Area: 1258.0
  • General Property Info:Total Livable Area: 1418.0
  • 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
  • Laundry Features:Electric Dryer Hookup: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • Exterior:Vinyl Siding: Yes
  • Exterior:Brick: Yes
  • Laundry Features:Upper Level: Yes
  • Utilities:Cable Connected: Yes
  • Tax Info:Zoning3: Residential
  • Improvements:Balcony: Yes
  • General Property Info:Building Area Total SqFt: 1887.0
  • Fireplace Features:Gas5: Yes
  • General Property Info:Front Door: North
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Pantry, Vaulted Ceiling(s)
  • Total Bedrooms: 3
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 160.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Basement:Partially Finished: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Vented Exhaust Fan: Yes

Exterior Features

  • Roof: Shingle
  • RoadSurfaceType: Paved
  • Construction Type: Brick, Vinyl Siding
  • Direction Faces: North

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Microwave, Washer, Vented Exhaust Fan, Refrigerator, Range, Electric Oven, Dryer, Dishwasher
  • Cooling: Central Air
  • LaundryFeatures: Electric Dryer Hookup, Upper Level
  • SecurityFeatures: Smoke Detector(s)
  • Utilities: High Speed Internet Available, Cable Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 308.0
  • Association Fee Frequency: Monthly
  • Association Name: Legacy LLC
  • Association: Yes

Association/Amenities

  • Location Legal Info:Association Fee: 308.0
  • Location Legal Info:Association Name: Legacy LLC
  • 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: 3922.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 5, 2021
Sold by
Young David B
Bought by
Aldrich Investment Properites Inc
Seller's Agent
Jeffrey Kelley
RE/MAX Real Estate Professionals
Buyer's Agent
Marilyn Jackson
RE/MAX Real Estate Professionals
List Price
$150,000
Sold Price
$155,000
Premium/Discount to List
$5,000
3.33%
Total Days on Market
11
Current Estimated Value
$200,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,220
Avg. Annual Appreciation
6.52%

Purchase Details

Closed on
Feb 15, 2007
Sold by
B/K/G Lansing Llc
Bought by
Young David B

Range of Values:

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Average Value
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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
Aldrich Investment Properites Inc $155,000 None Available
Young David B $140,000 Metropolitan Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $155,000 +3.3% $109 / Sq Ft
04/15/2021 04/15/21 For Sale $150,000 -- $106 / 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 $53 $86,900 $7,500 $79,400
2023 $5,859 $79,000 $7,500 $71,500
2022 $5,340 $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 $3,361 $46,800 $7,500 $39,300
2015 $3,361 $45,600 $15,000 $30,600
2014 $3,361 $45,400 $15,000 $30,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 254502

Greater Lansing Association of Realtors®

APN: 01-01-15-131-004