16120 Park Lake Rd East Lansing, MI 48823
2
Beds
2
Baths
2,560
Sq Ft
$150/mo
HOA Fee
Highlights
- Deck
- Cathedral Ceiling
- 2 Car Attached Garage
- Ranch Style House
- Covered patio or porch
- Living Room
About This Home
As of September 2024Immaculate 2 bedroom, 2 full bathroom, 1,280 square feet, ranch style condo located in East Lansing. Conveniently located close to MSU, shopping, fishing, and many golf courses. Enter through the front door or the two car attached garage to find a first floor laundry room with maple cabinets, washer and dryer included, and a large coat closet. The foyer and kitchen has ceramic tiled flooring. The kitchen also offers stainless steel appliances, and attractive maple cabinetry. The kitchen adjoins the living room offering an open floor plan with cathedral ceilings, a ceramic surround gas fireplace, and plenty of windows to bring in the private wooded views. A French door leads to the deck with beautiful views of nature. This unit allows more privacy and gorgeous views. The master suite also has great views of nature and a master bathroom with a double bowl sink, large walk in closet, and a walk in shower. The second bedroom has a double closet and is located next to the 2nd full bathroom. Newer carpet and paint. The partially finished walk out lower level has 1,280 square feet and is bright and clean. Quiet community. Tenant occupied until 7-2-21. The low taxes make this a great investment property.
Last Agent to Sell the Property
RE/MAX Real Estate Professionals License #6501300087 Listed on: 08/28/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,688
Year Built
- Built in 2005
Lot Details
- Property fronts a private road
- East Facing Home
- Sprinkler System
HOA Fees
- $150 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Ranch Style House
- Brick Exterior Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- Cathedral Ceiling
- Ceiling Fan
- Heatilator
- Gas Fireplace
- Living Room
- Dining Room
Kitchen
- Electric Oven
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- 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
- Well
- Gas Water Heater
- Water Softener
- High Speed Internet
- Cable TV Available
Community Details
Overview
- Association fees include water, trash, snow removal, liability insurance, lawn care, exterior maintenance
- Walnut Grove Association
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2024
Closed on
Sep 23, 2024
Sold by
Peskey Dennis and Peskey Catherine
Bought by
Martin Dalton
Seller's Agent
Morgan Meredith
Keller Williams Realty Lansing
List Price
$314,900
Sold Price
$294,000
Premium/Discount to List
-$20,900
-6.64%
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,538
Avg. Annual Appreciation
-5.79%
Original Mortgage
$264,600
Outstanding Balance
$263,142
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$16,000
Purchase Details
Closed on
Nov 18, 2022
Sold by
Drolett Colleen A
Bought by
Peskey Dennis and Peskey Catherine
Purchase Details
Listed on
Aug 28, 2020
Closed on
Jun 2, 2021
Sold by
L A N Llc
Bought by
Drolett Colleen A
Seller's Agent
Brenda Patino
RE/MAX Real Estate Professionals
Buyer's Agent
Nicole Kitzmiller
Howard Hanna Real Estate Executives
List Price
$244,900
Sold Price
$246,000
Premium/Discount to List
$1,100
0.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%
Original Mortgage
$102,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 30, 2009
Sold by
Villas Of Walnut Grove Llc
Bought by
L A N Llc
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Back on the market due to no fault of the sellers. Welcome to this spacious condo in the heart of East Lansing, offering an open and airy layout with exceptional flow throughout. The thoughtfully designed floor plan allows for seamless transitions between rooms, creating a perfect space for both relaxation and entertaining. The generous living areas, modern finishes, and well-appointed kitchen
Nick West LPT Realty, LLC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $294,000 | None Listed On Document | |
| Warranty Deed | $319,900 | Star Title | |
| Warranty Deed | $246,000 | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $264,600 | New Conventional | |
| Previous Owner | $102,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/23/2024 09/23/24 | Sold | $294,000 | 0.0% | $230 / Sq Ft |
| 09/09/2024 09/09/24 | Pending | -- | -- | -- |
| 08/06/2024 08/06/24 | Price Changed | $294,000 | -6.6% | $230 / Sq Ft |
| 07/26/2024 07/26/24 | For Sale | $314,900 | +28.0% | $246 / Sq Ft |
| 06/02/2021 06/02/21 | Sold | $246,000 | +0.4% | $96 / Sq Ft |
| 05/10/2021 05/10/21 | Pending | -- | -- | -- |
| 08/28/2020 08/28/20 | For Sale | $244,900 | -- | $96 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $4,293 | $150,400 | $12,500 | $137,900 |
| 2024 | $1,367 | $116,200 | $11,300 | $104,900 |
| 2023 | $1,295 | $109,400 | $0 | $0 |
| 2022 | $3,714 | $99,400 | $11,000 | $88,400 |
| 2021 | $2,609 | $95,700 | $11,000 | $84,700 |
| 2020 | $3,798 | $93,000 | $11,000 | $82,000 |
| 2019 | $3,675 | $86,300 | $11,000 | $75,300 |
| 2018 | $3,525 | $85,700 | $11,000 | $74,700 |
| 2017 | $3,446 | $83,600 | $11,000 | $72,600 |
| 2016 | $3,439 | $81,200 | $11,000 | $70,200 |
| 2015 | -- | $75,800 | $0 | $0 |
| 2011 | -- | $83,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Morgan Meredith
Keller Williams Realty Lansing
(517) 505-1422
4 in this area
303 Total Sales
-
Seller's Agent in 2021
Brenda Patino
RE/MAX Michigan
(517) 930-3195
2 in this area
54 Total Sales
-
Buyer's Agent in 2021
Nicole Kitzmiller
Howard Hanna Real Estate Executives
(517) 410-4736
1 in this area
48 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 249219
APN: 010-415-000-002-00
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Copyright © 2025 Greater Lansing Association of REALTORS®
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