249 University Dr
East Lansing, MI 48823
3 bd 2 ba 1,532 sqft Built 1927 Lot 6,970 sqft single_family
Most recent sale
$290,000
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2022 | Sold | $290,000 | MLS #266144 |
| Jul 22, 2022 | Price changed | $308,000 | MLS #266144 |
| Jun 21, 2022 | Listed | $325,000 | MLS #266144 |
| Jun 22, 2021 | Sold | $260,000 | MLS #256081 |
| May 19, 2017 | Sold | $189,900 | MLS #215176 |
| Apr 24, 2017 | Listed | $189,900 | MLS #215176 |
| Nov 24, 2008 | Sold | $196,000 | Public Record |
| Oct 17, 2008 | Sold | $196,000 | MLS #173814 |
| Aug 12, 2005 | Sold | $208,000 | Public Record |
| May 10, 2000 | Sold | $150,150 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $104,300 | $4,323 |
| 2020 | — | — | $97,000 | $5,085 |
| 2019 | — | — | $91,400 | $4,877 |
| 2018 | — | — | $86,200 | $5,333 |
| 2017 | — | — | $84,300 | $4,508 |
| 2016 | — | — | $82,900 | $4,336 |
| 2015 | — | — | $78,300 | $4,360 |
| 2014 | — | — | $72,300 | $4,494 |
| 2013 | — | — | $71,300 | $4,410 |
| 2012 | — | — | $70,200 | $4,191 |
| 2011 | — | — | $74,000 | $4,274 |
| 2010 | — | — | $89,100 | $5,144 |
| 2009 | — | — | $97,000 | $5,544 |
| 2008 | — | — | $100,000 | $5,092 |
Property facts
Year built
1927
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,532 sqft
Lot size
6,970 sqft
ZIP code
48823
City
East Lansing
Street
University Dr
Coordinates
42.73598, -84.49515
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,298
Gross rental yield
9.51%
Implied cap rate
6.18%
Trend-extrapolated value
—
Frequently asked questions
When did 249 University Dr last sell?
249 University Dr most recently sold on Sep 30, 2022 for $290,000.
What is the current tax assessment for 249 University Dr?
The most recent total assessment for 249 University Dr (year 2021) is $104,300 with $4,323 in property tax.
How does 249 University Dr's assessment compare to its last sale price?
The current assessment is 64.0% below the last sale price of $290,000.
When was 249 University Dr built?
249 University Dr was built in 1927.
How does 249 University Dr compare to others on University Dr?
We track 8 other properties on University Dr. Browse the list under "Other properties on University Dr" to compare beds, baths, and sale history.
What are the property facts for 249 University Dr?
249 University Dr is a 3 bed, 2 bath, 1,532 sqft, 6,970 sqft lot single_family.
Is 249 University Dr a flip candidate?
No — 249 University Dr does not appear in our flips dataset.
Is 249 University Dr a tax-appeal candidate?
No — 249 University Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.6%
Implied 1-yr
-10.4%
2026 Q3
$285.4K
2026 Q4
$276.5K
ZIP 48823 — Median Price History + Forecast
Explore nearby
Geography
Other properties on University Dr