NOT LISTED FOR SALE

5545 Park Lake Rd East Lansing, MI 48823

Estimated Value: $500,000 - $668,000

4 Beds
4 Baths
6,944 Sq Ft
$86/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $279,900 $40 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,987/month

Highlights

  • 0.94 Acre Lot
  • Deck
  • Main Floor Primary Bedroom
  • Marble Elementary School Rated A-
  • Cathedral Ceiling
  • 2 Fireplaces

About This Home

As of June 2015

Charm & elegance collide in this custom built home! Buy your place in history in this 1905 charmer nestled on almost an acre parcel in East Lansing! This 2-story offers over 4,000 finished sqft with 4 bedrooms, 4 full baths, a den/office, formal dining area, full basement complete with 2nd kitchen, 4-car garage and so much more! This 2nd owner home maintains its original character throughout, with many major updates! This year, new boiler heat system & hot water heater installed, kitchen has been remodeled with granite counters, plus all appliances stay! This home is fantastic for entertaining! Enjoy having both a formal & informal dining area plus the convenience of a 1st floor master suite! 2 gas fireplaces, vaulted ceilings, & relaxing sitting area w/skylights are just a few of the feat ures on the main level. Upstairs find 3 more bedrooms plus a full common bathroom. Lots of finished lower level areas, with a separate outside entrance, full kitchen, bathroom & still a ton of space for storage-area currently licensed but not rented at this time. This lovely lot includes many mature trees, garden space, a concrete area, large dog kennel, plus a 4-Car detached garage. There is so much value in this remarkable find, you must see it in person & capture all it has to offer before this opportunity is gone! Possible rent prior to close terms. Extra lot included!

Last Agent to Sell the Property

Lynne VanDeventer

Coldwell Banker Professionals -Okemos License #6501128440 Listed on: 01/20/2015

Coldwell Banker Professionals -Okemos

Last Buyer's Agent

Craig Benham

Coldwell Banker Professionals-E.L. License #6506040321

Coldwell Banker Professionals-E.L.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1905

Lot Details

  • 0.94 Acre Lot
  • Lot Dimensions are 220x187

Parking

  • 3 Car Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Formal Dining Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Crawl Space
  • Natural lighting in basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1905

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 14
  • Levels: One and One Half, Two
  • Parking Features Garage Spaces: 3.0
  • Year Built: 1905
  • Lot Size Acres: 0.94
  • Lot Size: 220X187
  • Above Grade Finished Sq Ft: 4145.0
  • Living Area: 6944.0
  • General Property Info:Lot Size Dimensions: 220X187
  • General Property Info:Above Grade Finished Area: 4145.0
  • General Property Info:Total Livable Area: 6944.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 2
  • Baths:_pound_Full Baths B: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Laundry Features:Main Level: Yes
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Cooling:Window Unit(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One and One Half: Yes
  • General Property Info:ECO Friendly Features: No
  • Improvements:Formal Dining Room: Yes
  • Security Features:Security System: Yes
  • Exterior:Brick: Yes
  • General Property Info:Building Area Total SqFt: 7006.0
  • Fireplace Features:Gas5: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Daylight, Exterior Entry, Full, Partially Finished, Walk-Out Access
  • Heating: Hot Water, Natural Gas
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, In-Law Floorplan, Primary Bathroom, Primary Downstairs
  • Total Bedrooms: 4
  • Room: 9
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Other Level: Second
  • Full Bathrooms: 4
  • Below Grade Sq Ft: 2799.0
  • Fireplaces: 2
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Partially Finished: Yes
  • Interior Features:Entrance Foyer: Yes
  • Basement:Crawl Space: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Interior Features:Beamed Ceilings: Yes

Exterior Features

  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Home Warranty: No
  • Construction Type: Brick, Aluminum Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes
  • Patio Porch Features:Patio: Yes

Garage/Parking

  • Parking Features: Garage Door Opener, Overhead Storage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Overhead Storage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Gas Water Heater, Microwave, Washer, Refrigerator, Range, Oven, Dryer, Dishwasher
  • Cooling: Window Unit(s)
  • LaundryFeatures: Main Level
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Schools

  • Junior High Dist: East Lansing

Lot Info

  • Lot Size Sq Ft: 40946.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7729.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2025
Sold by
Kroll Christopher M
Bought by
Kroll Michael D and Kroll Jong K
Current Estimated Value
$596,504

Purchase Details

Closed on
Jul 16, 2024
Sold by
Kroll Quinn Marie
Bought by
Kroll Christopher Mark

Purchase Details

Listed on
Jan 20, 2015
Closed on
Jun 26, 2015
Sold by
Rajendra Kunwar and Rajendra Shanno
Bought by
Kroll Christopher M and Kroll Quinn M
Seller's Agent
Lynne VanDeventer
Coldwell Banker Professionals -Okemos
Buyer's Agent
Craig Benham
Coldwell Banker Professionals-E.L.
List Price
$284,900
Sold Price
$279,900
Premium/Discount to List
-$5,000
-1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$223,920
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Kroll Michael D $141,000 None Listed On Document
Kroll Christopher Mark -- None Listed On Document
Kroll Christopher Mark -- None Listed On Document
Kroll Christopher M $279,900 Tri County Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kroll Christopher M $223,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2015 06/26/15 Sold $279,900 0.0% $40 / Sq Ft
06/25/2015 06/25/15 Off Market $279,900 -- --
05/26/2015 05/26/15 Pending -- -- --
04/30/2015 04/30/15 Price Changed $298,900 +4.9% $43 / Sq Ft
01/20/2015 01/20/15 For Sale $284,900 -- $41 / 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 $10,299 $235,900 $49,000 $186,900
2024 $86 $218,700 $47,000 $171,700
2023 $9,619 $201,100 $46,300 $154,800
2022 $9,216 $191,700 $46,300 $145,400
2021 $9,058 $181,300 $45,500 $135,800
2020 $8,958 $174,000 $45,500 $128,500
2019 $8,592 $168,800 $45,500 $123,300
2018 $9,395 $170,700 $45,500 $125,200
2017 $9,019 $152,100 $45,500 $106,600
2016 -- $147,400 $45,500 $101,900
2015 -- $135,800 $77,575 $58,225
2014 -- $126,900 $77,575 $49,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 66597

Greater Lansing Association of Realtors®

APN: 20-02-08-452-004