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1659 Melrose Ave

East Lansing, MI 48823

3 bd 2 ba 2,280 sqft Built 1961 Lot 8,276 sqft single_family
Most recent sale
$227,000
May 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 17, 2022 Sold $227,000 MLS #263795
Apr 5, 2022 Listed $219,900 MLS #263795
May 30, 2014 Sold $132,000 MLS #56599
Mar 7, 2014 Listed $129,900 MLS #56599
Jun 29, 2012 Sold $125,000 Public Record
Jul 26, 2010 Sold $123,000 MLS #12723
Jun 11, 2010 Price changed $134,900 MLS #12723
May 16, 2010 Price changed $139,900 MLS #12723
May 2, 2010 Listed $142,900 MLS #12723
Apr 20, 2010 Listing removed $142,900 ECAR
Mar 27, 2010 Price changed $142,900 MLS #03100172
Mar 5, 2010 Listed $147,900 MLS #03100172
Jun 28, 2004 Sold $129,900 Public Record
Feb 3, 2000 Sold $103,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $80,000 $4,381
2020 $75,800 $4,922
2019 $69,100 $4,747
2018 $66,800 $5,052
2017 $66,700 $4,874
2016 $65,300 $4,721
2015 $61,100 $4,738
2014 $57,800 $3,562
2013 $56,400 $3,488
2012 $56,900 $3,397
2011 $62,200 $3,593
2010 $67,900 $3,920
2009 $71,900 $4,109
2008 $72,100 $3,671

Property facts

Year built
1961
Property type
single_family
Stories
3
Beds
3
Baths
2
Living area
2,280 sqft
Lot size
8,276 sqft
ZIP code
48823
City
East Lansing
Street
Melrose Ave
Coordinates
42.73755, -84.45793

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,362
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1659 Melrose Ave last sell?
1659 Melrose Ave most recently sold on May 17, 2022 for $227,000.
What is the current tax assessment for 1659 Melrose Ave?
The most recent total assessment for 1659 Melrose Ave (year 2021) is $80,000 with $4,381 in property tax.
How does 1659 Melrose Ave's assessment compare to its last sale price?
The current assessment is 64.8% below the last sale price of $227,000.
When was 1659 Melrose Ave built?
1659 Melrose Ave was built in 1961.
How does 1659 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 1659 Melrose Ave?
1659 Melrose Ave is a 3 bed, 2 bath, 2,280 sqft, 8,276 sqft lot single_family.
Is 1659 Melrose Ave a flip candidate?
No — 1659 Melrose Ave does not appear in our flips dataset.
Is 1659 Melrose Ave a tax-appeal candidate?
No — 1659 Melrose 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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