NOT LISTED FOR SALE

5204 Park Lake Rd East Lansing, MI 48823

Estimated Value: $310,000 - $374,988

5 Beds
3.5 Baths
2,606 Sq Ft
$131/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $210,000 $81 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,364/month

151 Days on Market

Highlights

  • 0.46 Acre Lot
  • Main Floor Primary Bedroom
  • Beamed Ceilings
  • Bennett Woods Elementary School Rated A
  • Covered Patio or Porch
  • 2 Car Attached Garage

About This Home

As of April 2018

Great potential! Many updates, 5 bedrooms, 3 full baths, 2 full kitchens! Newer appliances, newer flooring, over 2,000 sq. ft. Great location! One year home warranty!! Lower level is great in-law or student apartment! Private entrance full kitchen & 2 bedrooms plus plenty of storage! S

Last Agent to Sell the Property

Rochelle Ridgell

Coldwell Banker Professionals-Delta Listed on: 10/10/2017

Last Buyer's Agent

Shirley Boucha

RE/MAX Real Estate Professionals License #6501368878

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,186

Year Built

  • Built in 1965

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Beamed Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Bedroom in Basement
  • Basement Window Egress

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,186

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Primary
  • Tax Year: 2017
  • Levels: Quad-Level
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1965
  • Fireplaces: 1
  • Lot Size Acres: 0.46
  • Lot Size: 100X200
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2055.0
  • Living Area: 2606.0
  • General Property Info:Lot Size Dimensions: 100X200
  • General Property Info:Above Grade Finished Area: 2055.0
  • General Property Info:Total Livable Area: 2606.0
  • 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: Second
  • Laundry Features:Main Level: Yes
  • Exterior:Aluminum Siding: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Shed(s): Yes
  • Exterior:Brick: Yes
  • Cooling:Exhaust Fan: Yes
  • Percent Basement Finished: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 2176.0
  • Special Features: None

Interior Features

  • Basement: Daylight, Egress Windows, Finished, Walk-Out Access
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Entrance Foyer, Laminate Counters, Pantry, Primary Bathroom, Primary Downstairs
  • Total Bedrooms: 5
  • Room: 10
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Basement
  • Bedroom 5 Level: Basement
  • Other Level: First
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 551.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Basement:Daylight: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Entrance Foyer: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Egress Windows: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Gas Oven: Yes
  • Interior Features:Beamed Ceilings: Yes

Exterior Features

  • Roof: Shingle
  • OtherStructures: Shed(s)
  • RoadFrontageType: City Street
  • Patio And Porch Features: Covered, Patio, Porch
  • Home Warranty: Yes
  • Construction Type: Brick, Aluminum Siding
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes
  • Patio Porch Features:Patio: Yes

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Oven, Gas Water Heater, Washer, Refrigerator, Range, Dryer, Dishwasher
  • Cooling: Exhaust Fan
  • LaundryFeatures: Main Level
  • SecurityFeatures: Smoke Detector(s)
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Okemos

Lot Info

  • Lot Size Sq Ft: 19994.04
  • Zoning Description: Zoning

Tax Info

  • Tax Carrier Route: 3868
  • Tax Annual Amount: 4186.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2025
Sold by
Chen Larry Sheng and Chen Zhongxiao
Bought by
Kelemen Meghan and Kelemen Ryan
Current Estimated Value
$340,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Outstanding Balance
$250,314
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$90,683

Purchase Details

Closed on
Nov 15, 2018
Sold by
Chen Larry Shen and Chen Zhongxiao
Bought by
Chen Larry Shen and Chen Zhongxiao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2017
Closed on
Apr 30, 2018
Sold by
King Anthony L
Bought by
Chen Larry Sheng and Chen Zhongxiao
Seller's Agent
Rochelle Ridgell
Coldwell Banker Professionals-Delta
Buyer's Agent
Shirley Boucha
RE/MAX Real Estate Professionals
List Price
$239,900
Sold Price
$210,000
Premium/Discount to List
-$29,900
-12.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$168,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2017
Closed on
Apr 5, 2018
Sold by
King Anthony L
Bought by
Pingora Loan Servicing Llc
Seller's Agent
Rochelle Ridgell
Coldwell Banker Professionals-Delta
Buyer's Agent
Shirley Boucha
RE/MAX Real Estate Professionals
List Price
$239,900
Sold Price
$210,000
Premium/Discount to List
-$29,900
-12.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 1994
Sold by
Taylor Carolyn
Bought by
King Arthur L
Source: Public Records

Range of Values:

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Average Value
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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
Kelemen Meghan $322,000 Next Door Title
Chen Larry Shen -- Crossroads Title Agency
Chen Larry Sheng $210,000 Tri County Title Agency Llc
Pingora Loan Servicing Llc $152,130 None Available
King Arthur L $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelemen Meghan $251,200
Previous Owner Chen Larry Shen $168,000
Previous Owner Chen Larry Sheng $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2018 04/30/18 Sold $210,000 0.0% $81 / Sq Ft
03/10/2018 03/10/18 Pending -- -- --
11/14/2017 11/14/17 Price Changed $209,900 -2.3% $81 / Sq Ft
10/31/2017 10/31/17 Price Changed $214,900 -1.9% $82 / Sq Ft
10/25/2017 10/25/17 Price Changed $219,000 -4.4% $84 / Sq Ft
10/18/2017 10/18/17 Price Changed $229,000 -4.5% $88 / Sq Ft
10/10/2017 10/10/17 For Sale $239,900 -- $92 / 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 $6,584 $170,400 $27,800 $142,600
2024 $6,131 $146,100 $26,500 $119,600
2023 $6,131 $136,300 $25,200 $111,100
2022 $5,882 $121,200 $21,600 $99,600
2021 $5,769 $115,200 $19,500 $95,700
2020 $5,646 $112,100 $19,500 $92,600
2019 $5,503 $105,700 $21,000 $84,700
2018 $4,440 $99,700 $21,600 $78,100
2017 $4,227 $96,200 $21,800 $74,400
2016 $1,882 $91,500 $20,500 $71,000
2015 $1,882 $85,700 $37,932 $47,768
2014 $1,882 $84,700 $32,736 $51,964
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 220775

Greater Lansing Association of Realtors®

APN: 02-02-17-427-003