$148,000
SOLD NOV 19, 2020

1431 Academy Ln Unit 2 Lansing, MI 48906

3 Beds
2.5 Baths
1,925 Sq Ft
$288/mo HOA Fee

Recently Sold

$77 Per Sq Ft

12 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Covered Patio or Porch
  • Living Room
  • 4-minute walk to Marshall Park

About This Home

As of February 2022

Welcome home to Beautiful 1431 Academy Lane. This move-in ready executive condo offers 3 bedrooms, 2.5 baths, and many recent updates. If you're looking for a home that is move-in ready with lots of recent renovations and updates, look no more! Updates include new flooring throughout, fresh paint, updated baths, kitchen, and much more! This condo offers the luxuries of care-free living along with the convenience of easy access to MSU, LCC, Sparrow Hospital, State Buildings, and highway commuting! Other amenities include cathedral ceilings, corner fireplace, master bath, and private balcony. Do NOT miss out on this beautiful home! It will NOT last!

Last Agent to Sell the Property

Jordon Fletcher

Keller Williams Realty Lansing License #6501384426 Listed on: 10/07/2020

Keller Williams Realty Lansing

Last Buyer's Agent

Concetta D'Agostino

RE/MAX Real Estate Professionals License #6506043987

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,522

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • North Facing Home
  • Sprinkler System

HOA Fees

  • $288 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
  • Gas Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

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

Home Security

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

Overview

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

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,522

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$288 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: 2019
  • Levels: Two
  • Parking Features Garage Spaces: 1.0
  • Year Built: 2005
  • Lot Size: undefined
  • Subdivision Name: East Village
  • Above Grade Finished Sq Ft: 1296.0
  • Living Area: 1925.0
  • New Construction: No
  • General Property Info:Lot Size Dimensions: undefined
  • 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
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • Exterior:Vinyl Siding: Yes
  • Lot Features:Underground Sprinklers: Yes
  • Exterior:Brick: Yes
  • Cooling:Exhaust Fan: Yes
  • Percent Basement Finished: Yes
  • Laundry Features:Upper Level: Yes
  • General Property Info:Building Area Total SqFt: 1925.0
  • Fireplace Features:Gas5: Yes
  • General Property Info:Front Door: North
  • Special Features: None

Interior Features

  • Basement: Egress Windows, Finished, Full
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Primary Bathroom
  • Total Bedrooms: 3
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 629.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Egress Windows: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Underground Sprinklers
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Deck, Porch
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Direction Faces: North
  • Property Condition: Updated/Remodeled
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: 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, Range, Oven, Dryer, Dishwasher
  • Cooling: Central Air, Exhaust Fan
  • LaundryFeatures: Upper Level
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 288.0
  • Association Fee Frequency: Monthly
  • Association Name: Chelsea Square
  • Association: Yes

Association/Amenities

  • Location Legal Info:Association Fee: 288.0
  • Location Legal Info:Association Name: Chelsea Square
  • Location Legal Info:Association Fee Frequency: Monthly
  • Association Fee Includes:Trash: Yes

Fee Information

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

Schools

  • Junior High Dist: Lansing

Tax Info

  • Tax Carrier Route: 5573
  • Tax Annual Amount: 3522.07

Ownership History

Date Name Owned For Owner Type

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
Current Estimated Value
$219,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,766
Avg. Annual Appreciation
7.35%
Original Mortgage
$153,000
Outstanding Balance
$142,612
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$75,576

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $170,000 None Listed On Document
Warranty Deed $148,000 Liberty Title
Warranty Deed $126,500 Transnation Title Agency
Deed $79,000 None Available
Sheriffs Deed $93,000 None Available
Warranty Deed $140,000 Millennium Title Agency Llc
Warranty Deed $135,130 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $153,000 New Conventional
Previous Owner $143,560 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $133,000 Purchase Money Mortgage
Previous Owner $107,920 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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
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

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 248878

Greater Lansing Association of Realtors®

APN: 01-01-15-131-002