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5339 Park Lake Rd

East Lansing, MI 48823

4 bd 2 ba 1,886 sqft Built 1964 Lot 26,136 sqft single_family
Most recent sale
$320,700
May 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 19, 2022 Sold $320,700 MLS #264298
Apr 22, 2022 Listed $299,000 MLS #264298
Apr 22, 2019 Sold $262,400 MLS #234516
Mar 14, 2019 Listed $259,900 MLS #234516
May 21, 2012 Sold $140,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $148,800 $7,554
2024 $148,800 $7,336
2023 $132,100 $6,833
2022 $117,200 $5,813
2021 $111,500 $2,502
2020 $106,200 $7,498
2019 $101,200 $4,763
2018 $100,300 $4,526
2017 $97,100 $4,308
2016 $92,200 $4,165
2015 $86,300 $4,137
2014 $86,700 $4,102
2013 $83,900 $3,911
2012 $84,300 $2,597
2011 $89,300 $2,479
2010 $98,700 $2,432
2009 $109,800 $2,445
2008 $112,700 $1,132
2007 $114,000 $1,104

Property facts

Year built
1964
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,886 sqft
Lot size
26,136 sqft
ZIP code
48823
City
East Lansing
Street
Park Lake Rd
Coordinates
42.73633, -84.44791

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,829
Gross rental yield
10.59%
Implied cap rate
6.88%
Trend-extrapolated value

Frequently asked questions

When did 5339 Park Lake Rd last sell?
5339 Park Lake Rd most recently sold on May 19, 2022 for $320,700.
What is the current tax assessment for 5339 Park Lake Rd?
The most recent total assessment for 5339 Park Lake Rd (year 2025) is $148,800 with $7,554 in property tax.
How does 5339 Park Lake Rd's assessment compare to its last sale price?
The current assessment is 53.6% below the last sale price of $320,700.
When was 5339 Park Lake Rd built?
5339 Park Lake Rd was built in 1964.
How does 5339 Park Lake Rd compare to others on Park Lake Rd?
We track 8 other properties on Park Lake Rd. Browse the list under "Other properties on Park Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 5339 Park Lake Rd?
5339 Park Lake Rd is a 4 bed, 2 bath, 1,886 sqft, 26,136 sqft lot single_family.
Is 5339 Park Lake Rd a flip candidate?
No — 5339 Park Lake Rd does not appear in our flips dataset.
Is 5339 Park Lake Rd a tax-appeal candidate?
No — 5339 Park Lake 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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