814 Sever Dr East Lansing, MI 48823
Downtown East Lansing NeighborhoodEstimated payment $2,776/month
About This Home
Perfect opportunity to own a rental right across the street from MSU campus. You won't find a more well maintained and located rental! It has a class IV license for up to 4 unrelated, a rare find in the city of East Lansing. MSU also built the new student center across the street which finished in February of 2025. The bi-level style offers 2 bedrooms and a full bath on each floor for a convenient layout with tenants. Living areas on each level offer flexible set up options. A flex room in the basement could be used as an office area for studying. New refrigerator and front door lock in 2025. Newer furnace, stove, dryer, front door and frame. We have a full list of improvements to share! Low maintenance vinyl siding and the driveway can fit up to 6 vehicles. Leases are up May 31, 2026.
Listing Agent
Berkshire Hathaway HomeServices License #6501421491 Listed on: 09/29/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,372
Year Built
- Built in 1990
Lot Details
- 7,797 Sq Ft Lot
- Lot Dimensions are 65x120
Parking
- Driveway
Home Design
- Vinyl Siding
Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Private Sewer
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,152 | $128,300 | $27,100 | $101,200 |
| 2024 | $71 | $123,000 | $25,100 | $97,900 |
| 2023 | $7,651 | $112,200 | $22,200 | $90,000 |
| 2022 | $7,319 | $99,300 | $20,100 | $79,200 |
| 2021 | $7,202 | $96,600 | $17,800 | $78,800 |
| 2020 | $5,588 | $96,600 | $18,200 | $78,400 |
| 2019 | $5,389 | $79,100 | $20,700 | $58,400 |
| 2018 | $5,735 | $76,800 | $19,800 | $57,000 |
| 2017 | $5,533 | $76,000 | $22,400 | $53,600 |
| 2016 | -- | $76,000 | $22,200 | $53,800 |
| 2015 | -- | $70,500 | $42,898 | $27,602 |
| 2014 | -- | $70,500 | $42,591 | $27,909 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/16/2025 10/16/25 | Pending | -- | -- | -- | |
| 09/12/2025 09/12/25 | For Sale | $395,000 | +53.1% | $238 / Sq Ft | |
| 04/03/2020 04/03/20 | Sold | $258,000 | -0.4% | $104 / Sq Ft | View Prior Sale |
| 02/09/2020 02/09/20 | Pending | -- | -- | -- | |
| 02/06/2020 02/06/20 | For Sale | $259,000 | -- | $105 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $258,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $215,000 | Tri County Title Agency Llc | |
| Quit Claim Deed | -- | Tri County Title Agency Llc | |
| Warranty Deed | $204,500 | Tri County Title | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $180,000 | Trans |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $193,500 | New Conventional | |
| Previous Owner | $162,000 | New Conventional | |
| Previous Owner | $172,000 | Purchase Money Mortgage | |
| Previous Owner | $163,600 | Fannie Mae Freddie Mac | |
| Previous Owner | $144,000 | Purchase Money Mortgage |
Source: Greater Lansing Association of Realtors®
MLS Number: 291232
APN: 20-01-24-115-014
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Copyright © 2025 Greater Lansing Association of REALTORS®
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