6488 Island Lake Dr
East Lansing, MI 48823
5 bd 4 ba 4,243 sqft Built 1995 Lot 26,136 sqft single_family
Most recent sale
$595,000
Jul 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 6, 2022 | Sold | $595,000 | MLS #265026 |
| May 17, 2022 | Listed | $595,000 | MLS #265026 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $262,700 | $6,301 |
| 2020 | — | — | $254,400 | $12,106 |
| 2019 | — | — | $252,300 | $11,555 |
| 2018 | — | — | $245,700 | $11,124 |
| 2017 | — | — | $244,100 | $10,622 |
| 2016 | — | — | $235,600 | $9,882 |
| 2015 | — | — | $220,600 | $9,860 |
| 2014 | — | — | $211,000 | $10,300 |
| 2013 | — | — | $206,200 | $9,901 |
| 2012 | — | — | $209,400 | $9,767 |
| 2011 | — | — | $220,600 | $10,128 |
| 2010 | — | — | $235,000 | $10,950 |
| 2009 | — | — | $270,100 | $11,107 |
| 2008 | — | — | $272,300 | $6,259 |
| 2007 | — | — | $280,400 | $6,134 |
Property facts
Year built
1995
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
4,243 sqft
Lot size
26,136 sqft
ZIP code
48823
City
East Lansing
Street
Island Lake Dr
Coordinates
42.76911, -84.44683
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,365
Gross rental yield
12.84%
Implied cap rate
8.34%
Trend-extrapolated value
—
Frequently asked questions
When did 6488 Island Lake Dr last sell?
6488 Island Lake Dr most recently sold on Jul 6, 2022 for $595,000.
What is the current tax assessment for 6488 Island Lake Dr?
The most recent total assessment for 6488 Island Lake Dr (year 2021) is $262,700 with $6,301 in property tax.
How does 6488 Island Lake Dr's assessment compare to its last sale price?
The current assessment is 55.8% below the last sale price of $595,000.
When was 6488 Island Lake Dr built?
6488 Island Lake Dr was built in 1995.
How does 6488 Island Lake Dr compare to others on Island Lake Dr?
We track 8 other properties on Island Lake Dr. Browse the list under "Other properties on Island Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 6488 Island Lake Dr?
6488 Island Lake Dr is a 5 bed, 4 bath, 4,243 sqft, 26,136 sqft lot single_family.
Is 6488 Island Lake Dr a flip candidate?
No — 6488 Island Lake Dr does not appear in our flips dataset.
Is 6488 Island Lake Dr a tax-appeal candidate?
No — 6488 Island Lake Dr 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 Island Lake Dr