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2321 Sapphire Ln

East Lansing, MI 48823

4 bd 3 ba 3,037 sqft Built 2003 condos
Most recent sale
$450,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $450,000 MLS #263168
Mar 22, 2022 Listed $389,900 MLS #263168
Aug 3, 2016 Sold $255,000 MLS #64552
Oct 14, 2014 Sold $255,000 Public Record
Oct 3, 2014 Listed $255,000 MLS #64552
Oct 2, 2010 Listing removed $297,900 GreaterLansingArea
Jun 7, 2010 Price changed $297,900 MLS #10011
Feb 13, 2010 Listed $319,900 MLS #10011
Feb 11, 2010 Listing removed $319,900 GreaterLansingArea
Jun 4, 2009 Listed $319,900 MLS #189663
Apr 20, 2004 Sold $68,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $224,400 $9,721
2024 $224,400 $9,442
2023 $170,300 $8,796
2022 $166,600 $6,721
2021 $158,100 $2,883
2020 $152,900 $6,407
2019 $136,700 $6,250
2018 $121,900 $5,931
2017 $123,700 $5,644
2016 $121,500 $5,456
2015 $113,500 $5,420
2014 $110,300 $6,292
2013 $109,200 $7,062
2012 $112,800 $5,218
2011 $158,100 $5,722
2010 $123,600 $5,582
2009 $141,300 $6,385
2008 $153,800 $3,411
2007 $158,500 $3,506

Property facts

Year built
2003
Property type
condos
Stories
1
Beds
4
Baths
3
Living area
3,037 sqft
Lot size
ZIP code
48823
City
East Lansing
Street
Sapphire Ln
Coordinates
42.73130, -84.43581

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,556
Gross rental yield
12.15%
Implied cap rate
7.90%
Trend-extrapolated value

Frequently asked questions

When did 2321 Sapphire Ln last sell?
2321 Sapphire Ln most recently sold on Apr 15, 2022 for $450,000.
What is the current tax assessment for 2321 Sapphire Ln?
The most recent total assessment for 2321 Sapphire Ln (year 2025) is $224,400 with $9,721 in property tax.
How does 2321 Sapphire Ln's assessment compare to its last sale price?
The current assessment is 50.1% below the last sale price of $450,000.
When was 2321 Sapphire Ln built?
2321 Sapphire Ln was built in 2003.
How does 2321 Sapphire Ln compare to others on Sapphire Ln?
We track 8 other properties on Sapphire Ln. Browse the list under "Other properties on Sapphire Ln" to compare beds, baths, and sale history.
What are the property facts for 2321 Sapphire Ln?
2321 Sapphire Ln is a 4 bed, 3 bath, 3,037 sqft condos.
Is 2321 Sapphire Ln a flip candidate?
No — 2321 Sapphire Ln does not appear in our flips dataset.
Is 2321 Sapphire Ln a tax-appeal candidate?
No — 2321 Sapphire Ln 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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