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2898 Colony Dr

East Lansing, MI 48823

5 bd 3 ba 3,132 sqft Built 1967 Lot 13,068 sqft single_family
Most recent sale
$358,000
Jun 22, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 22, 2023 Sold $358,000 Public Record
Jun 7, 2023 Sold $358,000 GreaterLansingArea
May 9, 2023 Sold $358,000 GreaterLansingArea
Jan 14, 2023 Listing removed GreaterLansingArea
Nov 23, 2022 Listing removed GreaterLansingArea
Nov 22, 2022 Listed $379,900 GreaterLansingArea
Oct 14, 2022 Listed $379,900 GreaterLansingArea
Apr 13, 2020 Sold $314,159 GreaterLansingArea
Oct 10, 2016 Sold $244,000 GreaterLansingArea
Jul 23, 2007 Sold $244,000 Public Record
Jul 19, 2007 Listed $244,000 GreaterLansingArea

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $146,800 $7,491
2021 $138,900 $9,971
2019 $124,500 $5,282
2017 $108,300 $4,870
2016 $102,500 $4,536
2015 $95,900 $4,534
2014 $94,500 $4,707
2013 $92,000 $4,462
2012 $91,000 $4,287
2011 $92,100 $4,246
2010 $103,300 $4,821
2009 $117,500 $5,519
2008 $122,000 $3,367
2007 $129,900 $2,770

Property facts

Year built
1967
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,132 sqft
Lot size
13,068 sqft
ZIP code
48823
City
East Lansing
Street
Colony Dr
Coordinates
42.75255, -84.45834

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,148
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2898 Colony Dr last sell?
2898 Colony Dr most recently sold on Jun 22, 2023 for $358,000.
What is the current tax assessment for 2898 Colony Dr?
The most recent total assessment for 2898 Colony Dr (year 2022) is $146,800 with $7,491 in property tax.
How does 2898 Colony Dr's assessment compare to its last sale price?
The current assessment is 59.0% below the last sale price of $358,000.
When was 2898 Colony Dr built?
2898 Colony Dr was built in 1967.
How does 2898 Colony Dr compare to others on Colony Dr?
We track 8 other properties on Colony Dr. Browse the list under "Other properties on Colony Dr" to compare beds, baths, and sale history.
What are the property facts for 2898 Colony Dr?
2898 Colony Dr is a 5 bed, 3 bath, 3,132 sqft, 13,068 sqft lot single_family.
Is 2898 Colony Dr a flip candidate?
No — 2898 Colony Dr does not appear in our flips dataset.
Is 2898 Colony Dr a tax-appeal candidate?
No — 2898 Colony Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.6%
Implied 1-yr
-10.4%
2026 Q3
$285.4K
2026 Q4
$276.5K
ZIP 48823 — Median Price History + Forecast

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