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1672 Melrose Ave

East Lansing, MI 48823

2 bd 1 ba 1,065 sqft Built 1930 Lot 10,454 sqft single_family
Most recent sale
$160,000
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 31, 2022 Sold $160,000 MLS #266592
Jul 18, 2022 Price changed $175,000 MLS #266592
Jul 7, 2022 Listed $185,000 MLS #266592
May 4, 2021 Sold $150,000 MLS #253822
Mar 22, 2021 Listed $154,900 MLS #253822
Mar 14, 2018 Sold $99,500 MLS #222556
Jan 4, 2018 Listed $104,900 MLS #222556
Dec 19, 2017 Price changed $104,900 MLS #219853
Nov 10, 2017 Price changed $105,900 MLS #219853
Sep 28, 2017 Price changed $109,900 MLS #219853
Sep 7, 2017 Listed $114,900 MLS #219853
Nov 3, 2000 Sold $110,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $63,400 $2,792
2020 $60,600 $3,284
2019 $57,000 $3,149
2018 $52,700 $2,969
2017 $52,700 $2,851
2016 $52,200 $2,742
2015 $48,600 $2,757
2014 $46,300 $2,842
2013 $45,000 $2,783
2012 $45,400 $2,710
2011 $49,600 $2,865
2010 $57,900 $3,342
2009 $61,300 $3,503
2008 $64,500 $3,057

Property facts

Year built
1930
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,065 sqft
Lot size
10,454 sqft
ZIP code
48823
City
East Lansing
Street
Melrose Ave
Coordinates
42.73703, -84.45734

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,598
Gross rental yield
11.99%
Implied cap rate
7.79%
Trend-extrapolated value

Frequently asked questions

When did 1672 Melrose Ave last sell?
1672 Melrose Ave most recently sold on Aug 31, 2022 for $160,000.
What is the current tax assessment for 1672 Melrose Ave?
The most recent total assessment for 1672 Melrose Ave (year 2021) is $63,400 with $2,792 in property tax.
How does 1672 Melrose Ave's assessment compare to its last sale price?
The current assessment is 60.4% below the last sale price of $160,000.
When was 1672 Melrose Ave built?
1672 Melrose Ave was built in 1930.
How does 1672 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 1672 Melrose Ave?
1672 Melrose Ave is a 2 bed, 1 bath, 1,065 sqft, 10,454 sqft lot single_family.
Is 1672 Melrose Ave a flip candidate?
No — 1672 Melrose Ave does not appear in our flips dataset.
Is 1672 Melrose Ave a tax-appeal candidate?
No — 1672 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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