5400 Park Lake Rd East Lansing, MI 48823
Estimated Value: $289,000 - $340,970
2
Beds
2
Baths
2,436
Sq Ft
$132/Sq Ft
Est. Value
About This Home
This home is located at 5400 Park Lake Rd, East Lansing, MI 48823 and is currently estimated at $321,993, approximately $132 per square foot. 5400 Park Lake Rd is a home located in Ingham County with nearby schools including Bennett Woods Elementary School, Kinawa School, and Chippewa Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 13, 2023
Sold by
Donald R Isleib Revocable Trust and Isleib Steven
Bought by
Debru Medhanie
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Outstanding Balance
$188,230
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$133,763
Purchase Details
Closed on
Dec 4, 2003
Sold by
Isleib Donald R and Isleib Carol M
Bought by
Carol Isleib Revocable Trust and Isleib
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Debru Medhanie | $255,000 | Transnation Title | |
| Donald R Isleib Revocable Trust | -- | None Listed On Document | |
| Carol Isleib Revocable Trust | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Debru Medhanie | $191,250 |
Source: Public Records
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 | $9,210 | $143,800 | $25,400 | $118,400 |
| 2024 | $42 | $129,600 | $24,200 | $105,400 |
| 2023 | $5,429 | $142,500 | $23,000 | $119,500 |
| 2022 | $5,316 | $129,200 | $19,700 | $109,500 |
| 2021 | $5,214 | $122,600 | $17,800 | $104,800 |
| 2020 | $4,997 | $116,800 | $17,800 | $99,000 |
| 2019 | $4,875 | $109,500 | $19,200 | $90,300 |
| 2018 | $4,632 | $104,300 | $19,700 | $84,600 |
| 2017 | $4,410 | $100,300 | $19,900 | $80,400 |
| 2016 | $1,965 | $95,300 | $18,800 | $76,500 |
| 2015 | $1,965 | $89,200 | $34,662 | $54,538 |
| 2014 | $1,965 | $88,500 | $29,913 | $58,587 |
Source: Public Records
Map
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