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501 Virginia Ave

East Lansing, MI 48823

4 bd 1 ba 1,008 sqft Built 1962 Lot 5,227 sqft single_family
Most recent sale
$219,900
Mar 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2025 Sold $260,000 Realcomp
May 12, 2025 Listed $264,900 Realcomp
Jun 3, 2024 Sold $250,000 GreaterLansingArea
Mar 25, 2022 Sold $219,900 MLS #260653
Oct 22, 2021 Listed $219,900 MLS #260653
Nov 13, 2018 Sold $175,000 MLS #232147
Sep 19, 2018 Listing removed $169,900 MiRealSource
Sep 18, 2018 Listing removed $179,900 Realcomp
Sep 17, 2018 Listing removed $179,900 MiRealSource
Sep 17, 2018 Listed $169,900 MLS #21505677
Aug 26, 2018 Listing removed $189,900 Realcomp
Aug 25, 2018 Listed $179,900 MLS #21497060
Jul 26, 2018 Price changed $189,900 MLS #218063240
Jul 10, 2018 Listed $199,900 MLS #218063240
Jan 27, 2017 Sold $129,900 MLS #21198849
Jan 25, 2017 Listing removed $139,900 ECAR
Dec 14, 2016 Relisted $139,900 MLS #84562
Nov 26, 2016 Listing removed $139,900 ECAR
Nov 2, 2016 Price changed $139,900 MLS #84562
Nov 1, 2016 Price changed $139,900 MLS #30060657
Sep 26, 2016 Listed $145,000 MLS #84562
Sep 20, 2016 Price changed $145,000 MLS #30060657
Aug 3, 2016 Listed $149,900 MLS #30060657
Jul 29, 2016 Listing removed $150,000 GreaterLansingArea
Jun 3, 2016 Price changed $150,000 MLS #80292
Apr 5, 2016 Listed $159,900 MLS #80292
Aug 10, 2007 Sold $130,000 MLS #156159
May 12, 1999 Sold $111,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $70,700 $4,479
2020 $69,200 $5,033
2019 $66,100 $4,854
2018 $63,900 $3,953
2017 $63,300 $3,361
2016 $60,100 $4,231
2015 $56,800 $4,246
2014 $53,900 $4,331
2013 $53,200 $4,258
2012 $53,600 $4,174
2011 $57,300 $4,178
2010 $54,100 $4,065
2009 $61,700 $4,604
2008 $64,900 $4,438

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
4
Baths
1
Living area
1,008 sqft
Lot size
5,227 sqft
ZIP code
48823
City
East Lansing
Street
Virginia Ave
Coordinates
42.73688, -84.46488

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,512
Gross rental yield
8.25%
Implied cap rate
5.36%
Trend-extrapolated value

Frequently asked questions

When did 501 Virginia Ave last sell?
501 Virginia Ave most recently sold on Mar 25, 2022 for $219,900.
What is the current tax assessment for 501 Virginia Ave?
The most recent total assessment for 501 Virginia Ave (year 2021) is $70,700 with $4,479 in property tax.
How does 501 Virginia Ave's assessment compare to its last sale price?
The current assessment is 67.8% below the last sale price of $219,900.
When was 501 Virginia Ave built?
501 Virginia Ave was built in 1962.
How does 501 Virginia Ave compare to others on Virginia Ave?
We track 8 other properties on Virginia Ave. Browse the list under "Other properties on Virginia Ave" to compare beds, baths, and sale history.
What are the property facts for 501 Virginia Ave?
501 Virginia Ave is a 4 bed, 1 bath, 1,008 sqft, 5,227 sqft lot single_family.
Is 501 Virginia Ave a flip candidate?
No — 501 Virginia Ave does not appear in our flips dataset.
Is 501 Virginia Ave a tax-appeal candidate?
No — 501 Virginia Ave 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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