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5239 Otter Dr

Lansing, MI 48917

3 bd 2 ba 1,440 sqft Built 2000 Lot 13,939 sqft single_family
Most recent sale
$287,000
Apr 19, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2024 Sold $287,000 GreaterLansingArea
Mar 20, 2024 Listed $275,000 GreaterLansingArea

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $99,500 $3,557
2021 $96,300 $3,438
2020 $92,500 $3,528
2019 $88,600 $3,503
2018 $87,800 $2,036
2017 $78,800 $3,361
2011 $72,700 $4,056
2010 $80,000 $4,433
2008 $89,500 $4,905
2007 $91,900 $2,354
2006 $89,300 $3,668

Property facts

Year built
2000
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,440 sqft
Lot size
13,939 sqft
ZIP code
48917
City
Lansing
Street
Otter Dr
Coordinates
42.72039, -84.62523

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,160
Gross rental yield
9.03%
Implied cap rate
5.87%
Trend-extrapolated value

Frequently asked questions

When did 5239 Otter Dr last sell?
5239 Otter Dr most recently sold on Apr 19, 2024 for $287,000.
What is the current tax assessment for 5239 Otter Dr?
The most recent total assessment for 5239 Otter Dr (year 2022) is $99,500 with $3,557 in property tax.
How does 5239 Otter Dr's assessment compare to its last sale price?
The current assessment is 65.3% below the last sale price of $287,000.
When was 5239 Otter Dr built?
5239 Otter Dr was built in 2000.
How does 5239 Otter Dr compare to others on Otter Dr?
We track 8 other properties on Otter Dr. Browse the list under "Other properties on Otter Dr" to compare beds, baths, and sale history.
What are the property facts for 5239 Otter Dr?
5239 Otter Dr is a 3 bed, 2 bath, 1,440 sqft, 13,939 sqft lot single_family.
Is 5239 Otter Dr a flip candidate?
No — 5239 Otter Dr does not appear in our flips dataset.
Is 5239 Otter Dr a tax-appeal candidate?
No — 5239 Otter 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
+4.2%
Implied 1-yr
+16.8%
2026 Q3
$323.8K
2026 Q4
$334.5K
ZIP 48917 — Median Price History + Forecast

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