1554 Melrose Ave
East Lansing, MI 48823
4 bd 2 ba 2,352 sqft Built 1960 Lot 11,326 sqft single_family
Most recent sale
$250,000
Mar 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 3, 2022 | Sold | $250,000 | MLS #262494 |
| Jan 31, 2022 | Listed | $227,500 | MLS #262494 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $89,600 | $2,990 |
| 2020 | — | — | $84,900 | $3,517 |
| 2019 | — | — | $77,600 | $3,373 |
| 2018 | — | — | $74,300 | $3,688 |
| 2017 | — | — | $74,200 | $3,540 |
| 2016 | — | — | $65,000 | $3,405 |
| 2015 | — | — | $60,600 | $3,424 |
| 2014 | — | — | $57,400 | $3,530 |
| 2013 | — | — | $55,900 | $3,458 |
| 2012 | — | — | $56,900 | $3,397 |
| 2011 | — | — | $62,200 | $3,593 |
| 2010 | — | — | $72,300 | $4,035 |
| 2009 | — | — | $76,500 | $4,007 |
| 2008 | — | — | $80,500 | $3,420 |
Property facts
Year built
1960
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,352 sqft
Lot size
11,326 sqft
ZIP code
48823
City
East Lansing
Street
Melrose Ave
Coordinates
42.73690, -84.46063
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1554 Melrose Ave last sell?
1554 Melrose Ave most recently sold on Mar 3, 2022 for $250,000.
What is the current tax assessment for 1554 Melrose Ave?
The most recent total assessment for 1554 Melrose Ave (year 2021) is $89,600 with $2,990 in property tax.
How does 1554 Melrose Ave's assessment compare to its last sale price?
The current assessment is 64.2% below the last sale price of $250,000.
When was 1554 Melrose Ave built?
1554 Melrose Ave was built in 1960.
How does 1554 Melrose Ave compare to others on Melrose Ave?
We track 8 other properties on Melrose Ave. Browse the list under "Other properties on Melrose Ave" to compare beds, baths, and sale history.
What are the property facts for 1554 Melrose Ave?
1554 Melrose Ave is a 4 bed, 2 bath, 2,352 sqft, 11,326 sqft lot single_family.
Is 1554 Melrose Ave a flip candidate?
No — 1554 Melrose Ave does not appear in our flips dataset.
Is 1554 Melrose Ave a tax-appeal candidate?
No — 1554 Melrose 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 Melrose Ave