NOT LISTED FOR SALE

1555 W Pond Dr Unit 10 Okemos, MI 48864

Estimated Value: $63,000

2 Beds
2 Baths
1,080 Sq Ft
$58/Sq Ft Est. Value

Last Sold December 19, 2023

Last sale price $57,750 $53 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $397/month

29 Days on Market

Highlights

  • Living Room
  • 1-Story Property
  • Dining Room
  • Cornell Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of December 2023

2-bedroom, 2 full bath co-op unit in the Walden Pond community with washer and dryer in unit! 1st level, ground floor unit with no stair entrance option from the backside of unit. Desirable end unit features two bonus windows in kitchen and dining space that add tons of natural light making the unit feel even more warm and spacious. Open concept living room and dining area with access to unique enclosed 3 season room through both living room and primary bedroom. No other units have this bonus mud room/sunroom space! Kitchen features custom built cabinet that offers bar seating and tons of counter and storage space. Primary bedroom includes a private bath en-suite and a large walk-in closet. 2nd bedroom with separate full bath. Updates and bonus features include newer water and neutral vinyl plank flooring and paint throughout. 2 parking spaces with one covered carport. Common areas include access to beautiful updated pond, brick barbeque and picnic areas, scenic nature trails, and pet-friendly dog areas! Units must be owner occupied. Prime location minutes from MSU, bus route, restaurants, and shopping. $779.58 total monthly fee includes unit's portion of community loan, taxes, exterior maintenance, fire insurance, liability insurance, lawn care, snow removal, sewer, water, trash removal, and recycling. Buyer to pay Seller $20,963 at closing or agreed upon accepted offer amount. Amount due at closing is calculated by the figuring the difference between $64,900 list price (or agreed offer price) and $22,483 assumable community loan as of 10/1/2023. Buyer must complete co-op application and receive board approval. Buyer responsible for co-op application fee and $500 closing fee. There is a drain assessment balance that can be paid in full $334.14 or prorated per month. Daniel's Drain is paid through 6/30/2024.Total monthly payment is broken down by the following: unit portion of community loan $275, Maintenance $371.52 , Taxes $96, Total $ 779.58.

Last Agent to Sell the Property

Katherine Keener

Berkshire Hathaway HomeServices License #6506047293 Listed on: 11/14/2023

Berkshire Hathaway HomeServices

Last Buyer's Agent

Jon Techentin

RE/MAX Real Estate Professionals License #6501397669

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1986

Lot Details

  • 9.43

Parking

  • Carport

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Association fees include water, trash, snow removal, sewer, liability insurance, lawn care, fire insurance
  • The Ponds Association
  • Walden Pond Subdivision

Property Details

Home Type

Co-Op

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2022
  • Levels: One
  • Year Built: 1986
  • Subdivision Name: Walden Pond
  • Above Grade Finished Sq Ft: 1080.0
  • Architectural Style: Cooperative
  • Living Area: 1080.0
  • General Property Info:Above Grade Finished Area: 1080.0
  • General Property Info:Total Livable Area: 1080.0
  • Baths:_pound_Full Baths 1: 2
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Laundry Features:Main Level: Yes
  • Location Legal Info:Real Estate Owned: No
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • Exterior:Brick: Yes
  • Tax Info:Zoning3: Residential
  • Architectural Style:Cooperative: Yes
  • General Property Info:Building Area Total SqFt: 1080.0
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 2
  • Room: 2
  • Property Type: Residential
  • Full Bathrooms: 2
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Construction Type: Brick, Rough Sawn

Garage/Parking

  • Parking Features: Asphalt, Carport
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:Carport: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Cooling: Central Air
  • LaundryFeatures: Main Level
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Name: The Ponds
  • Association: Yes

Association/Amenities

  • Location Legal Info:Association Name: The Ponds
  • Association Fee Includes:Trash: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Liability Insurance, Lawn Care, Fire Insurance

Schools

  • Junior High Dist: Okemos

Tax Info

  • Tax Carrier Route: 2368
  • Tax Annual Amount: 84237.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 1990
Bought by
Ponds Coop Homes In
Current Estimated Value
$63,000

Purchase Details

Closed on
Oct 1, 1985
Source: Public Records

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
Ponds Coop Homes In $5,848,200 --
-- $100,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2023 12/19/23 Sold $57,750 -11.0% $53 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $64,900 +1224.5% $60 / Sq Ft
02/27/2012 02/27/12 Sold $4,900 0.0% $5 / Sq Ft View Prior Sale
02/13/2012 02/13/12 Pending -- -- --
08/09/2011 08/09/11 For Sale $4,900 -- $5 / 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 $93,844 $2,707,000 $1,207,500 $1,499,500
2024 $88,265 $2,558,800 $897,000 $1,661,800
2023 $88,264 $2,360,300 $793,500 $1,566,800
2022 $84,237 $1,985,000 $621,000 $1,364,000
2021 $89,898 $1,791,700 $517,500 $1,274,200
2020 $88,628 $1,687,300 $517,500 $1,169,800
2019 $85,885 $1,502,600 $431,300 $1,071,300
2018 $82,152 $1,469,800 $431,300 $1,038,500
2017 $78,456 $1,352,600 $396,800 $955,800
2016 $36,100 $1,355,200 $345,000 $1,010,200
2015 $36,100 $1,292,100 $690,000 $602,100
2014 $36,100 $1,278,900 $690,000 $588,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 277304

Greater Lansing Association of Realtors®

APN: 02-02-22-428-002