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2940 Colony Dr

East Lansing, MI 48823

4 bd 3 ba 2,402 sqft Built 1967 Lot 13,068 sqft single_family
Most recent sale
$329,900
Jun 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 21, 2022 Sold $329,900 Public Record
May 27, 2022 Sold $329,900 GreaterLansingArea
Apr 20, 2022 Listed $329,900 MLS #264213

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $171,700 $8,398
2024 $171,700 $8,153
2023 $148,100 $7,674
2022 $133,100 $5,254
2021 $126,000 $2,614
2020 $123,600 $5,044
2019 $112,800 $4,872
2018 $101,700 $4,701
2017 $99,800 $4,494
2016 $94,600 $4,186
2015 $88,300 $4,185
2014 $87,700 $4,370
2013 $86,000 $4,176
2012 $85,200 $4,019
2011 $86,000 $3,968
2010 $96,500 $4,507
2009 $113,300 $4,741
2008 $119,800 $2,637
2007 $119,600 $2,546

Property facts

Year built
1967
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,402 sqft
Lot size
13,068 sqft
ZIP code
48823
City
East Lansing
Street
Colony Dr
Coordinates
42.75253, -84.45996

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
$3,603
Gross rental yield
13.11%
Implied cap rate
8.52%
Trend-extrapolated value

Frequently asked questions

When did 2940 Colony Dr last sell?
2940 Colony Dr most recently sold on Jun 21, 2022 for $329,900.
What is the current tax assessment for 2940 Colony Dr?
The most recent total assessment for 2940 Colony Dr (year 2025) is $171,700 with $8,398 in property tax.
How does 2940 Colony Dr's assessment compare to its last sale price?
The current assessment is 48.0% below the last sale price of $329,900.
When was 2940 Colony Dr built?
2940 Colony Dr was built in 1967.
How does 2940 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 2940 Colony Dr?
2940 Colony Dr is a 4 bed, 3 bath, 2,402 sqft, 13,068 sqft lot single_family.
Is 2940 Colony Dr a flip candidate?
No — 2940 Colony Dr does not appear in our flips dataset.
Is 2940 Colony Dr a tax-appeal candidate?
No — 2940 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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