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701 Cowley Ave

East Lansing, MI 48823

4 bd 5 ba 5,190 sqft Built 1938 Lot 18,731 sqft single_family
Most recent sale
$900,000
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 24, 2025 Sold $998,000 GreaterLansingArea
Jun 17, 2022 Sold $900,000 MLS #260842
Apr 12, 2022 Price changed $925,000 MLS #260842
Nov 1, 2021 Listed $939,900 MLS #260842
Sep 20, 2021 Price changed $950,000 MLS #257657
Jul 21, 2021 Listed $990,000 MLS #257657
Aug 3, 2016 Sold $710,000 MLS #63910
Sep 9, 2014 Listed $710,000 MLS #63910
Sep 9, 2014 Sold $710,000 Public Record
Dec 27, 2013 Listing removed $749,000 GreaterLansingArea
Nov 5, 2013 Listed $749,000 MLS #46782
Dec 17, 2012 Listing removed $795,000 GreaterLansingArea
May 30, 2012 Listed $795,000 MLS #37655

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $583,000 $29,976
2024 $583,000 $29,054
2023 $491,600 $27,134
2022 $454,500 $20,111
2021 $432,700 $16,620
2020 $407,900 $19,549
2019 $386,600 $18,749
2018 $369,100 $20,501
2017 $367,500 $19,681
2016 $346,400 $18,931
2015 $320,700 $19,036
2014 $210,700 $13,004
2013 $205,900 $12,736
2012 $206,300 $12,317
2011 $214,700 $12,402
2010 $238,300 $13,324
2009 $272,500 $13,895
2008 $285,300 $11,292
2007 $271,700 $11,054

Property facts

Year built
1938
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
5,190 sqft
Lot size
18,731 sqft
ZIP code
48823
City
East Lansing
Street
Cowley Ave
Coordinates
42.74033, -84.49960

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,785
Gross rental yield
10.38%
Implied cap rate
6.75%
Trend-extrapolated value

Frequently asked questions

When did 701 Cowley Ave last sell?
701 Cowley Ave most recently sold on Jun 17, 2022 for $900,000.
What is the current tax assessment for 701 Cowley Ave?
The most recent total assessment for 701 Cowley Ave (year 2025) is $583,000 with $29,976 in property tax.
How does 701 Cowley Ave's assessment compare to its last sale price?
The current assessment is 35.2% below the last sale price of $900,000.
When was 701 Cowley Ave built?
701 Cowley Ave was built in 1938.
How does 701 Cowley Ave compare to others on Cowley Ave?
We track 8 other properties on Cowley Ave. Browse the list under "Other properties on Cowley Ave" to compare beds, baths, and sale history.
What are the property facts for 701 Cowley Ave?
701 Cowley Ave is a 4 bed, 5 bath, 5,190 sqft, 18,731 sqft lot single_family.
Is 701 Cowley Ave a flip candidate?
No — 701 Cowley Ave does not appear in our flips dataset.
Is 701 Cowley Ave a tax-appeal candidate?
No — 701 Cowley Ave 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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