NOT LISTED FOR SALE

1431 Academy Ln Unit 2 Lansing, MI 48906

Eastfield Neighborhood

Estimated Value: $193,000 - $253,000

3 Beds
2.5 Baths
1,925 Sq Ft
$306/mo HOA Fee

Last Sold February 04, 2022

Last sale price $170,000 $88 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,896/month

Highlights

  • Boat Slip
  • Covered Patio or Porch
  • 1 Car Attached Garage
  • Deck
  • Balcony
  • 4-minute walk to Marshall Park

About This Home

As of February 2022

Welcome to 1431 Academy Lane. This nicely updated executive condo features 3 bedrooms, 2.5 baths, 1 car garage and electric vehicle charging port! Other amenities include cathedral ceilings, corner fireplace and private balcony. This condo is conveniently located next to the Lansing Catholic High School,Frandor Shopping Center, MSU, LCC, Sparrow Hospital, State Buildings, and highway commuting. You will not want to miss the opportunity to own this move -in ready condo. Schedule your showing today before it is gone. The new microwave has been installed.

Last Agent to Sell the Property

Christian Braun Group

RE/MAX Real Estate Professionals Listed on: 12/03/2021

Co-Listed By

Phillip Buckner

RE/MAX Real Estate Professionals Dewitt License #6501434546

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,586

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 697

HOA Fees

  • $306 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
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Laminate Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Boat Slip
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Association fees include exterior maintenance, fire insurance, lawn care, liability insurance, snow removal, trash removal
  • Chelsea Square/ Legacy, Llc Association
  • Chelse Square Of East Village Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,586

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$306 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Dining Room Level: First
  • Living Room Level: First
  • Property Conditions Updated Remodeled: Yes
  • Tax Year: 2020
  • Levels: Two
  • Parking Features Garage Spaces: 1.0
  • Year Built: 2005
  • Bathroom 1 Level: Basement
  • Bathroom 2 Level: First
  • Lot Size: 0
  • Co List Office Mls Id: 894
  • Co List Office Phone: 517-339-8255
  • Subdivision Name: Chelse Square of East Village
  • Above Grade Finished Sq Ft: 1296.0
  • Living Area: 1925.0
  • New Construction: No
  • General Property Info:Lot Size Dimensions: 0
  • General Property Info:Above Grade Finished Area: 1296.0
  • General Property Info:Total Livable Area: 1925.0
  • 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
  • Flooring:Laminate: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Cooling:Central Air: Yes
  • Exterior:Vinyl Siding: Yes
  • Exterior:Brick: Yes
  • Percent Basement Finished: Yes
  • Laundry Features:Upper Level: Yes
  • General Property Info:Building Area Total SqFt: 1925.0
  • Special Features: None

Interior Features

  • Basement: Egress Windows, Finished, Full
  • Heating: Forced Air, Natural Gas
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s)
  • Total Bedrooms: 3
  • Room: 10
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 629.0
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Basement:Egress Windows: Yes
  • Fireplace Features:Living Room: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Balcony
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Type: Brick, Vinyl Siding
  • Property Condition: Updated/Remodeled
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes
  • Exterior Features:Balcony2: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 306.0
  • Association Fee Frequency: Monthly
  • Association Name: Chelsea Square/ Legacy, LLC
  • Association: Yes

Association/Amenities

  • Location Legal Info:Association Fee: 306.0
  • Location Legal Info:Association Name: Chelsea Square/ Legacy, LLC
  • Location Legal Info:Association Fee Frequency: Monthly

Fee Information

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

Schools

  • Junior High Dist: Lansing

Tax Info

  • Tax Annual Amount: 3586.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2025
Sold by
Mick Katie A and Gehrke Katie A
Bought by
Gehrke Katie A and Gehrke Travis J
Current Estimated Value
$216,685

Purchase Details

Listed on
Dec 3, 2021
Closed on
Feb 4, 2022
Sold by
Ashley Parker
Bought by
Mick Katie A
Seller's Agent
Christian Braun Group
RE/MAX Real Estate Professionals
Buyer's Agent
Non Member
Non Member Office
List Price
$170,000
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$153,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2020
Closed on
Nov 19, 2020
Sold by
Droste Heidi
Bought by
Parker Ashley
Seller's Agent
Jordon Fletcher
Keller Williams Realty Lansing
Buyer's Agent
Concetta D'Agostino
RE/MAX Real Estate Professionals
List Price
$148,000
Sold Price
$148,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.14%
Original Mortgage
$143,560
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2018
Closed on
Aug 8, 2018
Sold by
Geith Tariq A
Bought by
Droste Heidi
Seller's Agent
Mona El-Minyawi
Keller Williams Realty Lansing
Buyer's Agent
Jordon Fletcher
Keller Williams Realty Lansing
List Price
$130,000
Sold Price
$126,500
Premium/Discount to List
-$3,500
-2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Original Mortgage
$100,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2015
Sold by
Ally Bank
Bought by
Gheith Tariq A

Purchase Details

Closed on
Jan 8, 2015
Sold by
Townsend Eugene F
Bought by
Ally Bank

Purchase Details

Closed on
Oct 4, 2007
Sold by
Koester Kyle and Patterson Natalie
Bought by
Townsend Eugene F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2006
Sold by
B/K/G Lansing Llc
Bought by
Koester Kyle and Patterson Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,920
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Gehrke Katie A -- None Listed On Document
Mick Katie A $170,000 None Listed On Document
Parker Ashley $148,000 Liberty Title
Droste Heidi $126,500 Transnation Title Agency
Gheith Tariq A $79,000 None Available
Ally Bank $93,000 None Available
Townsend Eugene F $140,000 Millennium Title Agency Llc
Koester Kyle $135,130 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mick Katie A $153,000
Previous Owner Parker Ashley $143,560
Previous Owner Droste Heidi $100,000
Previous Owner Townsend Eugene F $133,000
Previous Owner Koester Kyle $107,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2022 02/04/22 Sold $170,000 0.0% $88 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $170,000 0.0% $88 / Sq Ft
11/16/2021 11/16/21 Off Market $170,000 -- --
11/11/2021 11/11/21 For Sale $170,000 +14.9% $88 / Sq Ft
11/19/2020 11/19/20 Sold $148,000 0.0% $77 / Sq Ft View Prior Sale
10/07/2020 10/07/20 For Sale $148,000 0.0% $77 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $148,000 +17.0% $77 / Sq Ft
08/08/2018 08/08/18 Sold $126,500 -2.7% $82 / Sq Ft View Prior Sale
07/19/2018 07/19/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $130,000 -- $85 / 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
2025 $5,237 $81,700 $7,500 $74,200
2024 $42 $84,800 $7,500 $77,300
2023 $4,907 $77,000 $7,500 $69,500
2022 $3,927 $66,800 $6,300 $60,500
2021 $3,845 $62,900 $7,500 $55,400
2020 $3,586 $58,200 $7,500 $50,700
2019 $3,326 $57,000 $7,500 $49,500
2018 $2,579 $45,700 $7,500 $38,200
2017 $2,469 $45,700 $7,500 $38,200
2016 $3,095 $42,900 $7,500 $35,400
2015 $3,095 $41,900 $15,000 $26,900
2014 $3,095 $41,700 $15,000 $26,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Christian Braun Group

    RE/MAX Michigan

  • Phillip Buckner

    Seller Co-Listing Agent in 2022

    Phillip Buckner

    RE/MAX Michigan

    (517) 213-8199

    1 in this area

    70 Total Sales

    Phillip Buckner
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    Non Member Office

  • Jordon Fletcher

    Seller's Agent in 2020

    Jordon Fletcher

    Keller Williams Realty Lansing

    (517) 927-8488

    1 in this area

    49 Total Sales

    Jordon Fletcher
    Section Image

  • C

    Buyer's Agent in 2020

    Concetta D'Agostino

    RE/MAX Michigan

    Section Image

  • M

    Seller's Agent in 2018

    Mona El-Minyawi

    Keller Williams Realty Lansing

See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 261103

Greater Lansing Association of Realtors®

APN: 01-01-15-131-002

Michigan Ingham County Lansing 48906 Eastfield

1431 Academy Ln Unit 2, Lansing, MI

This home is located at 1431 Academy Ln Unit 2, Lansing, MI 48906 since 03 December 2021 and is currently estimated at $216,685, approximately $112 per square foot. This property was built in 2005. 1431 Academy Ln Unit 2 is a home located in Ingham County with nearby schools including Pattengill Academy, Riddle Elementary School, and Eastern Lansing High School.

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