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318 University Dr

East Lansing, MI 48823

3 bd 2 ba 1,873 sqft Built 1941 Lot 5,227 sqft single_family
Most recent sale
$349,900
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $349,900 Public Record
May 27, 2022 Sold $349,900 MLS #264859
May 12, 2022 Listed $349,900 MLS #264859
May 22, 2020 Sold $316,000 MLS #245317
Sep 30, 2005 Sold $205,950 Public Record
Jul 21, 2000 Sold $170,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $107,300 $5,086
2020 $101,500 $4,705
2019 $96,800 $4,512
2018 $90,400 $4,916
2017 $88,300 $4,719
2016 $86,500 $4,539
2015 $81,900 $4,564
2014 $75,700 $4,705
2013 $74,500 $4,608
2012 $73,000 $4,358
2011 $76,900 $4,441
2010 $90,600 $5,230
2009 $99,300 $5,675
2008 $105,100 $5,351
2007 $105,100 $5,359

Property facts

Year built
1941
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,873 sqft
Lot size
5,227 sqft
ZIP code
48823
City
East Lansing
Street
University Dr
Coordinates
42.73669, -84.49479

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,810
Gross rental yield
9.64%
Implied cap rate
6.26%
Trend-extrapolated value

Frequently asked questions

When did 318 University Dr last sell?
318 University Dr most recently sold on Jun 3, 2022 for $349,900.
What is the current tax assessment for 318 University Dr?
The most recent total assessment for 318 University Dr (year 2021) is $107,300 with $5,086 in property tax.
How does 318 University Dr's assessment compare to its last sale price?
The current assessment is 69.3% below the last sale price of $349,900.
When was 318 University Dr built?
318 University Dr was built in 1941.
How does 318 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 318 University Dr?
318 University Dr is a 3 bed, 2 bath, 1,873 sqft, 5,227 sqft lot single_family.
Is 318 University Dr a flip candidate?
No — 318 University Dr does not appear in our flips dataset.
Is 318 University Dr a tax-appeal candidate?
No — 318 University Dr 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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