NOT LISTED FOR SALE

16117 Park Lake Rd East Lansing, MI 48823

Estimated Value: $260,000 - $348,000

4 Beds
2 Baths
1,516 Sq Ft
$196/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $220,000 $145 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,848/month

About This Home

As of May 2018

This home is located at 16117 Park Lake Rd, East Lansing, MI 48823 and is currently estimated at $296,393, approximately $195 per square foot. 16117 Park Lake Rd is a home located in Clinton County with nearby schools including Bath Elementary School, Bath Middle School, and Bath High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2018
Closed on
May 25, 2018
Sold by
Kugel Peter A
Bought by
Parsons Darin and Parsons Amanda
Seller's Agent
Concetta D'Agostino
RE/MAX Real Estate Professionals
Buyer's Agent
Sheri Gallimore
RE/MAX Real Estate Professionals
List Price
$243,900
Sold Price
$220,000
Premium/Discount to List
-$23,900
-9.8%
Current Estimated Value
$296,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,393
Avg. Annual Appreciation
4.10%
Original Mortgage
$216,015
Outstanding Balance
$190,457
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$105,936

Purchase Details

Listed on
Sep 20, 2016
Closed on
Oct 28, 2016
Sold by
Balzer Ronald J
Bought by
Kugel Peter A
Seller's Agent
Deb Federau
Keller Williams Realty Lansing
Buyer's Agent
Concetta D'Agostino
RE/MAX Real Estate Professionals
List Price
$100,000
Sold Price
$95,000
Premium/Discount to List
-$5,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.72%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Parsons Darin $220,000 Ata Natl Title Gorup Llc
Kugel Peter A $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Darin $216,015
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2018 05/25/18 Sold $220,000 +0.5% $145 / Sq Ft View Prior Sale
05/09/2018 05/09/18 Pending -- -- --
04/02/2018 04/02/18 Price Changed $218,900 -2.7% $144 / Sq Ft
02/21/2018 02/21/18 Price Changed $224,900 -2.2% $148 / Sq Ft
02/13/2018 02/13/18 Price Changed $229,900 -5.7% $152 / Sq Ft
02/12/2018 02/12/18 For Sale $243,900 +156.7% $161 / Sq Ft
10/28/2016 10/28/16 Sold $95,000 -5.0% $63 / Sq Ft View Prior Sale
09/20/2016 09/20/16 For Sale $100,000 -- $66 / Sq Ft

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 $3,369 $115,200 $26,000 $89,200
2024 $1,073 $109,500 $25,400 $84,100
2023 $1,016 $95,400 $0 $0
2022 $3,055 $87,200 $22,900 $64,300
2021 $2,961 $86,300 $22,900 $63,400
2020 $2,891 $79,700 $22,300 $57,400
2019 $2,778 $76,600 $22,300 $54,300
2018 $2,572 $70,900 $22,300 $48,600
2015 -- $70,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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