NOT LISTED FOR SALE

2461 Emerald Lake Dr Unit 114 East Lansing, MI 48823

Estimated Value: $435,000 - $491,000

4 Beds
3.5 Baths
3,086 Sq Ft
$315/mo HOA Fee

Last Sold September 07, 2017

Last sale price $340,000 $110 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,875/month

29 Days on Market

Highlights

  • Lake Front
  • Deck
  • Main Floor Primary Bedroom
  • Bennett Woods Elementary School Rated A
  • Vaulted Ceiling
  • Whirlpool Bathtub

About This Home

As of September 2017

Fabulous lakefront condo. 4 bedroom, 3.5 bath contemporary with stunning water views. 2 story great room with gas fireplace and open design highlighted with vaulted ceilings. Sunroom opens to deck. Luxury 1st floor master suite with double sink vanity, whirlpool & tile shower. Updated gourmet island kitchen with granite & tile. First floor laundry and large pantry. 2 bedrooms and full bath on 2nd floor. Walkout lower level features carpeted family room with oversized daylight windows, a 4th bedroom and full bath as well as ample storage. 2 car attached garage.

Last Agent to Sell the Property

Elizabeth Russell

Berkshire Hathaway HomeServices License #6501241739 Listed on: 07/18/2017

Berkshire Hathaway HomeServices

Last Buyer's Agent

Sheena McKinney

Real Estate One License #6501401181

Real Estate One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,276

Year Built

  • Built in 1989

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Laundry on main level

Kitchen

  • Electric Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Whirlpool Bathtub

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Natural lighting in basement

Home Security

Utilities

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

Additional Features

  • Deck
  • Lake Front

Listing and Financial Details

  • REO, home is currently bank or lender owned

Community Details

Overview

  • Association fees include trash, snow removal, liability insurance, lawn care, fire insurance, exterior maintenance
  • Emerald Lake Association
  • Emerald Subdivision

Recreation

  • Community Basketball Court

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,276

Year Built

Built in 1989

Lot Details

0

HOA Fees

$315 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2016
  • Levels: One and One Half, Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1989
  • Lot Size: Condo
  • Subdivision Name: Emerald
  • Above Grade Finished Sq Ft: 2420.0
  • Living Area: 3086.0
  • General Property Info:Lot Size Dimensions: Condo
  • General Property Info:Above Grade Finished Area: 2420.0
  • General Property Info:Total Livable Area: 3086.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Full Baths B: 1
  • Baths:_pound_Half Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Laundry Features:Main Level: Yes
  • Levels:Two2: Yes
  • Location Legal Info:Real Estate Owned: Yes
  • Appliances Microwave: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • Levels:One and One Half: Yes
  • Improvements:Whirlpool Bathtub: Yes
  • Exterior:Brick: Yes
  • Cooling:Exhaust Fan: Yes
  • Percent Basement Finished: Yes
  • Special Listing Cond:Real Estate Owned2: Yes
  • Improvements:_four_ Season Room: Yes
  • General Property Info:Building Area Total SqFt: 3970.0
  • Fireplace Features:Gas5: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Daylight, Finished, Full, Walk-Out Access
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Entrance Foyer, Pantry, Primary Bathroom, Primary Downstairs, Vaulted Ceiling(s)
  • Total Bedrooms: 4
  • Room: 10
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Basement
  • Other Level: First
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 666.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Basement:Daylight: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Entrance Foyer: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Deck
  • WaterfrontFeatures: Lake, Lake Front
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Brick, Rough Sawn
  • Patio Porch Features:Deck: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Lake3: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached, Garage Door Opener
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Microwave, Range, Oven, Electric Oven, Dishwasher
  • Cooling: Central Air, Exhaust Fan
  • 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 Fee: 315.0
  • Association Fee Frequency: Monthly
  • Association Name: Emerald Lake
  • Association Amenities: Basketball Court
  • Association: Yes

Association/Amenities

  • Location Legal Info:Association Fee: 315.0
  • Location Legal Info:Association Name: Emerald Lake
  • Location Legal Info:Association Fee Frequency: Monthly
  • Association Amenities:Basketball Court: Yes
  • 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: Okemos

Tax Info

  • Tax Annual Amount: 5276.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2018
Sold by
Sandrock Walter Grove
Bought by
Seiter Gail Karen
Current Estimated Value
$458,786

Purchase Details

Listed on
Jul 18, 2017
Closed on
Sep 12, 2017
Sold by
Hughey Steven D and Hughey Cindy C
Bought by
Sandrock W Grove and Seiter Gail K
Seller's Agent
Elizabeth Russell
Berkshire Hathaway HomeServices
Buyer's Agent
Sheena McKinney
Real Estate One
List Price
$339,900
Sold Price
$340,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$210,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2001
Sold by
Elliott Matthew K
Bought by
Hughey Steven D and Hughey Cindy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,900
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 1999
Sold by
Hall Jeffrey and Hall Hannah
Bought by
Elliott Matthew K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1992
Bought by
Hall

Purchase Details

Closed on
Feb 1, 1990
Bought by
Rifkin
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 Buyer Sale Price Title Company
Seiter Gail Karen -- None Available
Sandrock W Grove $340,000 Tri Titel Agency Llc
Hughey Steven D $270,000 --
Elliott Matthew K $232,400 Midstate Title Company
Hall $190,000 --
Rifkin $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sandrock W Grove $210,000
Previous Owner Hughey Steven D $305,000
Previous Owner Hughey Steven D $50,000
Previous Owner Hughey Steven $265,000
Previous Owner Hughey Steven D $35,000
Previous Owner Hughey Steven D $261,900
Previous Owner Elliott Matthew K $209,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2017 09/07/17 Sold $340,000 0.0% $110 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $339,900 -- $110 / 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 $44 $212,500 $0 $212,500
2023 $9,363 $199,800 $0 $199,800
2022 $8,940 $188,300 $0 $188,300
2021 $8,770 $184,300 $0 $184,300
2020 $8,621 $181,400 $0 $181,400
2019 $8,382 $173,500 $0 $173,500
2018 $7,956 $158,100 $0 $158,100
2017 $5,373 $133,100 $0 $133,100
2016 $2,419 $119,200 $0 $119,200
2015 $2,419 $110,900 $0 $0
2014 $2,419 $109,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 218174

Greater Lansing Association of Realtors®

APN: 02-02-16-151-025