545 Cornell Ave
East Lansing, MI 48823
2 bd 1 ba 768 sqft Built 1951 Lot 5,227 sqft single_family
Most recent sale
$146,500
Aug 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 26, 2022 | Sold | $146,500 | MLS #265964 |
| Jul 22, 2022 | Price changed | $154,900 | MLS #265964 |
| Jun 15, 2022 | Listed | $160,000 | MLS #265964 |
| Jul 19, 2018 | Sold | $105,000 | Public Record |
| May 10, 2018 | Listed | $99,900 | MLS #225974 |
| Oct 10, 2016 | Sold | $98,500 | MLS #169922 |
| Oct 11, 2013 | Sold | $89,000 | MLS #48070 |
| Jul 8, 2013 | Price changed | $99,000 | MLS #48070 |
| May 20, 2013 | Listed | $109,000 | MLS #48070 |
| May 14, 2008 | Sold | $98,500 | MLS #169922 |
| Jul 13, 2005 | Sold | $105,000 | Public Record |
| Jun 30, 2003 | Sold | $100,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $49,100 | $2,243 |
| 2020 | — | — | $47,500 | $2,639 |
| 2019 | — | — | $45,800 | $2,531 |
| 2018 | — | — | $45,200 | $3,259 |
| 2017 | — | — | $45,100 | $3,144 |
| 2016 | — | — | $42,900 | $3,046 |
| 2015 | — | — | $40,800 | $3,057 |
| 2014 | — | — | $38,800 | $3,117 |
| 2013 | — | — | $38,000 | $2,350 |
| 2012 | — | — | $38,200 | $2,281 |
| 2011 | — | — | $40,800 | $2,357 |
| 2010 | — | — | $44,400 | $2,563 |
| 2009 | — | — | $46,500 | $2,657 |
| 2008 | — | — | $51,900 | $2,643 |
Property facts
Year built
1951
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
768 sqft
Lot size
5,227 sqft
ZIP code
48823
City
East Lansing
Street
Cornell Ave
Coordinates
42.73754, -84.46869
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
$1,152
Gross rental yield
9.44%
Implied cap rate
6.13%
Trend-extrapolated value
—
Frequently asked questions
When did 545 Cornell Ave last sell?
545 Cornell Ave most recently sold on Aug 26, 2022 for $146,500.
What is the current tax assessment for 545 Cornell Ave?
The most recent total assessment for 545 Cornell Ave (year 2021) is $49,100 with $2,243 in property tax.
How does 545 Cornell Ave's assessment compare to its last sale price?
The current assessment is 66.5% below the last sale price of $146,500.
When was 545 Cornell Ave built?
545 Cornell Ave was built in 1951.
How does 545 Cornell Ave compare to others on Cornell Ave?
We track 8 other properties on Cornell Ave. Browse the list under "Other properties on Cornell Ave" to compare beds, baths, and sale history.
What are the property facts for 545 Cornell Ave?
545 Cornell Ave is a 2 bed, 1 bath, 768 sqft, 5,227 sqft lot single_family.
Is 545 Cornell Ave a flip candidate?
No — 545 Cornell Ave does not appear in our flips dataset.
Is 545 Cornell Ave a tax-appeal candidate?
No — 545 Cornell Ave 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 Cornell Ave