5821 Schafer Rd
Lansing, MI 48911
4 bd 1 ba 960 sqft Built 1958 Lot 7,841 sqft single_family
Most recent sale
$116,400
Oct 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 19, 2025 | Sold | $142,500 | GreaterLansingArea |
| Oct 3, 2025 | Listed | $150,000 | GreaterLansingArea |
| Oct 24, 2022 | Sold | $116,400 | MLS #268312 |
| Sep 6, 2022 | Listed | $114,900 | MLS #268312 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $35,900 | $1,763 |
| 2020 | — | — | $33,500 | $2,153 |
| 2019 | — | — | $30,500 | $2,090 |
| 2018 | — | — | $26,700 | $1,972 |
| 2017 | — | — | $26,800 | $1,898 |
| 2016 | — | — | $25,100 | $1,877 |
| 2015 | — | — | $24,400 | $1,848 |
| 2014 | — | — | $24,100 | $1,828 |
| 2013 | — | — | $24,600 | $1,408 |
| 2012 | — | — | $26,132 | $1,482 |
| 2011 | — | — | $30,200 | $1,529 |
| 2010 | — | — | $33,400 | $1,471 |
| 2009 | — | — | $36,700 | $1,475 |
| 2008 | — | — | $39,800 | $1,133 |
Property facts
Year built
1958
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
960 sqft
Lot size
7,841 sqft
ZIP code
48911
City
Lansing
Street
Schafer Rd
Coordinates
42.67322, -84.55928
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$698
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5821 Schafer Rd last sell?
5821 Schafer Rd most recently sold on Oct 24, 2022 for $116,400.
What is the current tax assessment for 5821 Schafer Rd?
The most recent total assessment for 5821 Schafer Rd (year 2021) is $35,900 with $1,763 in property tax.
How does 5821 Schafer Rd's assessment compare to its last sale price?
The current assessment is 69.2% below the last sale price of $116,400.
When was 5821 Schafer Rd built?
5821 Schafer Rd was built in 1958.
How does 5821 Schafer Rd compare to others on Schafer Rd?
We track 8 other properties on Schafer Rd. Browse the list under "Other properties on Schafer Rd" to compare beds, baths, and sale history.
What are the property facts for 5821 Schafer Rd?
5821 Schafer Rd is a 4 bed, 1 bath, 960 sqft, 7,841 sqft lot single_family.
Is 5821 Schafer Rd a flip candidate?
No — 5821 Schafer Rd does not appear in our flips dataset.
Is 5821 Schafer Rd a tax-appeal candidate?
No — 5821 Schafer Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.3%
Implied 1-yr
+17.1%
2026 Q3
$244K
2026 Q4
$252.1K
ZIP 48911 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Schafer Rd