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3950 Mustang Rd

East Lansing, MI 48823

2 bd 2 ba 1,440 sqft Built 2018 Lot 9,148 sqft single_family
Most recent sale
$300,000
Feb 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 15, 2022 Sold $300,000 MLS #262073
Jan 10, 2022 Listed $299,900 MLS #262073
Jul 31, 2018 Sold $244,174 MLS #228985
Jul 26, 2018 Listed $244,147 MLS #228985

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $116,700 $3,831
2020 $117,000 $4,158
2019 $83,700 $3,996
2018 $15,000 $1,029

Property facts

Year built
2018
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,440 sqft
Lot size
9,148 sqft
ZIP code
48823
City
East Lansing
Street
Mustang Rd
Coordinates
42.78113, -84.49448

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
$2,160
Gross rental yield
8.64%
Implied cap rate
5.62%
Trend-extrapolated value

Frequently asked questions

When did 3950 Mustang Rd last sell?
3950 Mustang Rd most recently sold on Feb 15, 2022 for $300,000.
What is the current tax assessment for 3950 Mustang Rd?
The most recent total assessment for 3950 Mustang Rd (year 2021) is $116,700 with $3,831 in property tax.
How does 3950 Mustang Rd's assessment compare to its last sale price?
The current assessment is 61.1% below the last sale price of $300,000.
When was 3950 Mustang Rd built?
3950 Mustang Rd was built in 2018.
How does 3950 Mustang Rd compare to others on Mustang Rd?
We track 8 other properties on Mustang Rd. Browse the list under "Other properties on Mustang Rd" to compare beds, baths, and sale history.
What are the property facts for 3950 Mustang Rd?
3950 Mustang Rd is a 2 bed, 2 bath, 1,440 sqft, 9,148 sqft lot single_family.
Is 3950 Mustang Rd a flip candidate?
No — 3950 Mustang Rd does not appear in our flips dataset.
Is 3950 Mustang Rd a tax-appeal candidate?
No — 3950 Mustang Rd 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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