405 University Dr
East Lansing, MI 48823
5 bd 3 ba 2,728 sqft Built 1925 Lot 9,583 sqft single_family
Most recent sale
$440,000
Oct 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 3, 2022 | Sold | $440,000 | MLS #267139 |
| Jul 22, 2022 | Listed | $439,500 | MLS #267139 |
| Dec 1, 2017 | Sold | $200,000 | MLS #219815 |
| Nov 1, 2017 | Price changed | $225,000 | MLS #219815 |
| Sep 20, 2017 | Price changed | $235,000 | MLS #219815 |
| Sep 6, 2017 | Listed | $245,000 | MLS #219815 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $143,900 | $8,264 |
| 2020 | — | — | $132,000 | $9,286 |
| 2019 | — | — | $124,600 | $8,956 |
| 2018 | — | — | $119,100 | $9,531 |
| 2017 | — | — | $114,400 | $8,015 |
| 2016 | — | — | $112,800 | $7,763 |
| 2015 | — | — | $106,100 | $5,964 |
| 2014 | — | — | $98,900 | $6,148 |
| 2013 | — | — | $97,800 | $6,049 |
| 2012 | — | — | $97,300 | $5,707 |
| 2011 | — | — | $102,700 | $5,377 |
| 2010 | — | — | $102,100 | $5,284 |
| 2009 | — | — | $106,300 | $5,247 |
| 2008 | — | — | $112,500 | $4,479 |
Property facts
Year built
1925
Property type
single_family
Stories
3
Beds
5
Baths
3
Living area
2,728 sqft
Lot size
9,583 sqft
ZIP code
48823
City
East Lansing
Street
University Dr
Coordinates
42.73783, -84.49548
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,092
Gross rental yield
11.16%
Implied cap rate
7.25%
Trend-extrapolated value
—
Frequently asked questions
When did 405 University Dr last sell?
405 University Dr most recently sold on Oct 3, 2022 for $440,000.
What is the current tax assessment for 405 University Dr?
The most recent total assessment for 405 University Dr (year 2021) is $143,900 with $8,264 in property tax.
How does 405 University Dr's assessment compare to its last sale price?
The current assessment is 67.3% below the last sale price of $440,000.
When was 405 University Dr built?
405 University Dr was built in 1925.
How does 405 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 405 University Dr?
405 University Dr is a 5 bed, 3 bath, 2,728 sqft, 9,583 sqft lot single_family.
Is 405 University Dr a flip candidate?
No — 405 University Dr does not appear in our flips dataset.
Is 405 University Dr a tax-appeal candidate?
No — 405 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