NOT LISTED FOR SALE

2461 Emerald Lake Dr Unit 114 East Lansing, MI 48823

Estimated Value: $391,590 - $436,000

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. 24% increase in value since last sale

Current estimated payment $3,398/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
$422,398

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
2.72%
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

Range of Values:

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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
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 $261,900
Previous Owner Elliott Matthew K $209,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $10,018 $225,700 $0 $225,700
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

  • Elizabeth Russell

    Seller's Agent in 2017

    Elizabeth Russell

    Berkshire Hathaway HomeServices

    (517) 420-2932

    24 in this area

    63 Total Sales

    Elizabeth Russell
    Section Image

  • S

    Buyer's Agent in 2017

    Sheena McKinney

    Real Estate One

    Section Image
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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

Michigan Ingham County East Lansing 48823

2461 Emerald Lake Dr Unit 114, East Lansing, MI

This home is located at 2461 Emerald Lake Dr Unit 114, East Lansing, MI 48823 since 18 July 2017 and is currently estimated at $422,398, approximately $136 per square foot. This property was built in 1989. 2461 Emerald Lake Dr Unit 114 is a home located in Ingham County with nearby schools including Bennett Woods Elementary School, Kinawa School, and Chippewa Middle School.

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