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1002 Gainsborough Dr

East Lansing, MI 48823

3 bd 1 ba 972 sqft Built 1978 Lot 10,890 sqft single_family
Most recent sale
$216,000
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 27, 2022 Sold $216,000 MLS #263459
Mar 21, 2022 Listed $199,900 MLS #263459
Jan 31, 2022 Sold $138,400 MLS #262033
Jan 6, 2022 Listed $136,500 MLS #262033
Sep 11, 2010 Listing removed $92,500 MichRic
Sep 3, 2010 Listing removed $92,500 MichRic
Jul 30, 2010 Listing removed $92,500 GrandRapids
Jul 26, 2010 Relisted $92,500 MLS #3157648
Jul 15, 2010 Listing removed $92,500 MichRic
Jun 23, 2010 Sold $88,000 MLS #198353
Jan 6, 2010 Listed $92,500 MLS #198353
Jan 4, 2010 Listed $92,500 MLS #3157648
Aug 10, 2009 Sold $31,000 MLS #192490
Jul 16, 2009 Listed $34,900 MLS #192490

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $48,700 $1,954
2020 $46,200 $2,344
2019 $43,600 $2,234
2018 $42,100 $2,121
2017 $41,700 $2,011
2016 $40,100 $1,876
2015 $39,500 $1,883
2014 $40,300 $2,016
2013 $42,300 $2,065
2012 $41,800 $1,933
2011 $40,300 $1,852
2010 $50,200 $3,213
2009 $55,700 $2,208
2008 $59,300 $1,244

Property facts

Year built
1978
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
972 sqft
Lot size
10,890 sqft
ZIP code
48823
City
East Lansing
Street
Gainsborough Dr
Coordinates
42.75545, -84.46756

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,458
Gross rental yield
8.10%
Implied cap rate
5.27%
Trend-extrapolated value

Frequently asked questions

When did 1002 Gainsborough Dr last sell?
1002 Gainsborough Dr most recently sold on Apr 27, 2022 for $216,000.
What is the current tax assessment for 1002 Gainsborough Dr?
The most recent total assessment for 1002 Gainsborough Dr (year 2021) is $48,700 with $1,954 in property tax.
How does 1002 Gainsborough Dr's assessment compare to its last sale price?
The current assessment is 77.5% below the last sale price of $216,000.
When was 1002 Gainsborough Dr built?
1002 Gainsborough Dr was built in 1978.
How does 1002 Gainsborough Dr compare to others on Gainsborough Dr?
We track 8 other properties on Gainsborough Dr. Browse the list under "Other properties on Gainsborough Dr" to compare beds, baths, and sale history.
What are the property facts for 1002 Gainsborough Dr?
1002 Gainsborough Dr is a 3 bed, 1 bath, 972 sqft, 10,890 sqft lot single_family.
Is 1002 Gainsborough Dr a flip candidate?
Yes — 1002 Gainsborough Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1002 Gainsborough Dr a tax-appeal candidate?
No — 1002 Gainsborough 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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