438 Bailey St
East Lansing, MI 48823
3 bd 2 ba 1,940 sqft Built 1936 Lot 7,405 sqft single_family
Most recent sale
$370,000
Jul 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 1, 2025 | Sold | $420,000 | GreaterLansingArea |
| Jun 2, 2025 | Listed | $409,900 | GreaterLansingArea |
| Jul 29, 2022 | Sold | $370,000 | MLS #266123 |
| Jun 20, 2022 | Listed | $339,900 | MLS #266123 |
| Jul 8, 2016 | Sold | $250,000 | MLS #81899 |
| May 23, 2016 | Listed | $248,500 | MLS #81899 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $144,100 | $6,222 |
| 2020 | — | — | $136,300 | $7,318 |
| 2019 | — | — | $130,200 | $7,019 |
| 2018 | — | — | $124,300 | $7,675 |
| 2017 | — | — | $121,500 | $7,368 |
| 2016 | — | — | $119,200 | $6,069 |
| 2015 | — | — | $112,300 | $6,103 |
| 2014 | — | — | $103,800 | $6,291 |
| 2013 | — | — | $102,100 | $6,161 |
| 2012 | — | — | $100,100 | $5,808 |
| 2011 | — | — | $105,500 | $5,472 |
| 2010 | — | — | $103,800 | $5,377 |
| 2009 | — | — | $112,500 | $5,340 |
| 2008 | — | — | $115,600 | $4,397 |
Property facts
Year built
1936
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,940 sqft
Lot size
7,405 sqft
ZIP code
48823
City
East Lansing
Street
Bailey St
Coordinates
42.73803, -84.47616
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,910
Gross rental yield
9.44%
Implied cap rate
6.13%
Trend-extrapolated value
—
Frequently asked questions
When did 438 Bailey St last sell?
438 Bailey St most recently sold on Jul 29, 2022 for $370,000.
What is the current tax assessment for 438 Bailey St?
The most recent total assessment for 438 Bailey St (year 2021) is $144,100 with $6,222 in property tax.
How does 438 Bailey St's assessment compare to its last sale price?
The current assessment is 61.1% below the last sale price of $370,000.
When was 438 Bailey St built?
438 Bailey St was built in 1936.
How does 438 Bailey St compare to others on Bailey St?
We track 8 other properties on Bailey St. Browse the list under "Other properties on Bailey St" to compare beds, baths, and sale history.
What are the property facts for 438 Bailey St?
438 Bailey St is a 3 bed, 2 bath, 1,940 sqft, 7,405 sqft lot single_family.
Is 438 Bailey St a flip candidate?
No — 438 Bailey St does not appear in our flips dataset.
Is 438 Bailey St a tax-appeal candidate?
No — 438 Bailey St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.6%
Implied 1-yr
-10.4%
2026 Q3
$285.4K
2026 Q4
$276.5K
ZIP 48823 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Bailey St