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1020 Colonial Dr

Grand Ledge, MI 48837

4 bd 2 ba 2,250 sqft Built 1963 Lot 10,454 sqft single_family
Most recent sale
$251,000
Apr 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2022 Sold $251,000 MLS #263370
Mar 17, 2022 Listed $239,000 MLS #263370
Aug 3, 2016 Sold $153,500 MLS #80302
Jun 24, 2016 Sold $153,500 Public Record
Apr 26, 2016 Relisted $147,500 MLS #80302
Apr 13, 2016 Listing removed $147,500 GreaterLansingArea
Apr 5, 2016 Listed $147,500 MLS #80302

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $120,600 $3,607
2024 $120,600 $5,267
2023 $104,000 $4,923
2022 $96,400 $3,769
2021 $88,500 $2,528
2020 $86,000 $3,564
2019 $81,800 $3,359
2018 $72,900 $3,177
2017 $74,700 $3,256
2016 $72,300 $2,199
2015 $69,500 $2,210
2013 $66,600 $2,857
2012 $68,300 $2,958
2010 $76,800 $3,031
2009 $81,820 $3,010
2008 $86,580 $2,855
2007 $88,370 $2,804
2006 $83,130 $2,654

Property facts

Year built
1963
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,250 sqft
Lot size
10,454 sqft
ZIP code
48837
City
Grand Ledge
Street
Colonial Dr
Coordinates
42.74365, -84.74184

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,506
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1020 Colonial Dr last sell?
1020 Colonial Dr most recently sold on Apr 18, 2022 for $251,000.
What is the current tax assessment for 1020 Colonial Dr?
The most recent total assessment for 1020 Colonial Dr (year 2025) is $120,600 with $3,607 in property tax.
How does 1020 Colonial Dr's assessment compare to its last sale price?
The current assessment is 52.0% below the last sale price of $251,000.
When was 1020 Colonial Dr built?
1020 Colonial Dr was built in 1963.
How does 1020 Colonial Dr compare to others on Colonial Dr?
We do not currently track other properties on Colonial Dr.
What are the property facts for 1020 Colonial Dr?
1020 Colonial Dr is a 4 bed, 2 bath, 2,250 sqft, 10,454 sqft lot single_family.
Is 1020 Colonial Dr a flip candidate?
No — 1020 Colonial Dr does not appear in our flips dataset.
Is 1020 Colonial Dr a tax-appeal candidate?
No — 1020 Colonial 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
+1.9%
Implied 1-yr
+7.6%
2026 Q3
$363.6K
2026 Q4
$369.7K
ZIP 48837 — Median Price History + Forecast

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