NOT LISTED FOR SALE

5271 Park Lake Rd East Lansing, MI 48823

Estimated Value: $266,000 - $326,000

3 Beds
1.5 Baths
1,794 Sq Ft
$169/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $312,550 $174 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,156/month

3 Days on Market

Highlights

  • Greenhouse
  • 0.76 Acre Lot
  • Traditional Architecture
  • Bennett Woods Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of May 2024

As the morning sun casts its golden rays upon the tranquil suburban street, it illuminates a stately abode nestled amidst lush greenery and landscaping on a 3 ⁄ 4 acre lot set back from the main road. Welcome to 5271 Park Lake Rd, where timeless elegance meets modern convenience in this captivating brick two-story residence. Approaching the property, a circular drive gracefully guides you to the front entrance, inviting exploration of what lies beyond. This charming home exudes warmth and character, boasting a classic brick exterior that exudes timeless appeal. Stepping inside, the foyer welcomes you with a coat closet and an inside entry door as you step into the living room with hardwood floors that flow seamlessly throughout the main level, infusing the space with a sense of sophistication. The spacious living room is open to the dining room area with its inviting ambiance, perfect for gathering with loved ones or unwinding after a long day. Adjacent to the living room, the updated kitchen awaits, a culinary haven where every detail has been carefully considered. Refurbished cabinetry pairs beautifully with butcher block countertops, tile backsplash, and stainless steel appliances, including a refrigerator, stove, microwave, and dishwasher - all replaced within the last two years. A cozy breakfast nook bathed in natural light offers the ideal spot to savor morning coffee or enjoy casual meals with family. Completing the main level is a thoughtfully appointed full bath, 2 bedrooms, and access to the greenhouse. Ascending the staircase to the second floor, you'll discover a primary bedroom with an adjacent room that could be an office space, a sitting room or even a nursery! Hardwood flooring continues throughout, creating a cohesive aesthetic that enhances the home's timeless charm. The half bath on this level features modern fixtures and a crisp clean design. Outside, the enchanting grounds beckon with their lush greenery and thoughtful amenities. For those with a green thumb, the charming greenhouse provides the perfect sanctuary for nurturing plants year-round, while a shed offers additional storage space for tools and equipment. Conveniently located just minutes from Okemos Schools, this property offers the perfect blend of privacy and accessibility. With its current non-homestead taxes and rental license in good standing, this home presents a rare opportunity for those seeking a one-owner residence with enduring appeal or a rental if desired.Where memories are made and cherished for years to come.

Last Agent to Sell the Property

Kathy Birchen

Berkshire Hathaway HomeServices License #6506015266 Listed on: 04/19/2024

Berkshire Hathaway HomeServices

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,702

Year Built

  • Built in 1940

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 150x220
  • Landscaped

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,794 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Fireplace Features Masonry
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck
  • Greenhouse
  • Shed
  • Porch

Utilities

  • Dehumidifier
  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,702

Year Built

Built in 1940

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: Rental
  • Tax Year: 2023
  • Levels: Two
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1940
  • Fireplaces: 1
  • Lot Size Acres: 0.76
  • Lot Size: 150x220
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1794.0
  • Architectural Style: Traditional
  • Living Area: 1794.0
  • General Property Info:Lot Size Dimensions: 150x220
  • General Property Info:Above Grade Finished Area: 1794.0
  • General Property Info:Total Livable Area: 1794.0
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Half Baths 2: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Levels:Two2: Yes
  • Location Legal Info:Real Estate Owned: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Laundry Features:In Basement: Yes
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • View:Neighborhood: Yes
  • Roof:Shingle: Yes
  • Other Structures:Shed(s): Yes
  • Cooling:Central Air: Yes
  • Exterior:Brick: Yes
  • Other Structures:Greenhouse: Yes
  • Flooring:Vinyl2: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile2: Yes
  • Rooms:Den2: Yes
  • Other Equipment:Dehumidifier: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 2897.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Forced Air, Hot Water, Natural Gas
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Natural Woodwork, Other
  • Total Bedrooms: 3
  • Room: 7
  • Property Type: Residential
  • Other Equipment: Dehumidifier
  • Bedroom 3 Level: Second
  • Den Level: Second
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplace Features: Living Room, Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Full Basement: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Appliances:Humidifier: Yes
  • Interior Features:Entrance Foyer: Yes
  • Fireplace Features:Masonry2: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Natural Woodwork: Yes
  • Appliances:Electric Oven: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Other9: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Foundation Details: Concrete Perimeter
  • Lot Features: Landscaped
  • OtherStructures: Greenhouse, Shed(s)
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Deck, Porch
  • View: Neighborhood
  • Construction Type: Brick
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Porch: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

  • Parking Features: Finished, Garage Door Opener, Garage Faces Front
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Finished2: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Free-Standing Electric Range, Washer, Refrigerator, Humidifier, Electric Oven, Dryer, Dishwasher
  • Cooling: Central Air
  • LaundryFeatures: In Basement
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Schools

  • Junior High Dist: Okemos

Lot Info

  • Lot Size Sq Ft: 33018.48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 3864
  • Tax Annual Amount: 7702.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
May 9, 2024
Sold by
Cannata Aaron and Cannata Katherine
Bought by
Wagner Jonathan and Wagner Madeline
Seller's Agent
Kathy Birchen
Berkshire Hathaway HomeServices
Buyer's Agent
Non Member
Non Member Office
List Price
$270,000
Sold Price
$312,550
Premium/Discount to List
$42,550
15.76%
Views
109
Current Estimated Value
$302,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,626
Avg. Annual Appreciation
-2.34%
Original Mortgage
$250,000
Outstanding Balance
$246,666
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$56,258

Purchase Details

Listed on
Dec 21, 2021
Closed on
Feb 16, 2022
Sold by
Heydenberk Robert D
Bought by
Cannata Aaron and Cannata Katherine
Seller's Agent
Brock Fletcher
Keller Williams Realty Lansing
Buyer's Agent
Home Seekers
Berkshire Hathaway HomeServices
List Price
$220,000
Sold Price
$225,000
Premium/Discount to List
$5,000
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.88%
Original Mortgage
$80,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2000
Sold by
Heydenberk William R
Bought by
Heydenberk William R and Coss Michael 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
Wagner Jonathan $312,550 None Listed On Document
Cannata Aaron $225,000 None Listed On Document
Heydenberk William R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Jonathan $250,000
Previous Owner Cannata Aaron $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $312,550 +15.8% $174 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $270,000 +20.0% $151 / Sq Ft
02/16/2022 02/16/22 Sold $225,000 +2.3% $125 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
12/21/2021 12/21/21 For Sale $220,000 -- $123 / 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 $6,106 $156,000 $41,300 $114,700
2024 $26 $129,300 $37,100 $92,200
2023 $5,677 $108,200 $35,200 $73,000
2022 $4,244 $91,900 $30,200 $61,700
2021 $4,121 $86,500 $27,200 $59,300
2020 $3,967 $81,300 $27,200 $54,100
2019 $3,882 $78,800 $29,400 $49,400
2018 $3,698 $80,000 $30,200 $49,800
2017 $3,518 $78,000 $30,500 $47,500
2016 $1,542 $74,100 $28,700 $45,400
2015 $1,542 $69,300 $53,044 $16,256
2014 $1,542 $69,400 $45,778 $23,622
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 280000

Greater Lansing Association of Realtors®

APN: 02-02-17-258-008