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502 Jefferson St

Grand Ledge, MI 48837

4 bd 3 ba 1,856 sqft Built 1899 Lot 25,265 sqft single_family
Most recent sale
$245,000
Feb 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 28, 2022 Sold $245,000 MLS #262189
Jan 17, 2022 Listed $235,000 MLS #262189
Sep 13, 2019 Sold $95,000 Public Record
May 2, 2018 Sold $95,000 Public Record
Aug 3, 2011 Sold $68,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $80,100 $2,366
2020 $76,500 $3,335
2019 $73,000 $3,143
2018 $70,500 $3,438
2017 $69,800 $4,127
2016 $68,600 $3,337
2015 $66,800 $3,344
2013 $64,800 $3,958
2012 $65,300 $4,014
2010 $52,800 $2,304
2009 $54,970 $2,375
2008 $56,480 $2,369
2007 $54,990 $2,327
2006 $52,340 $2,203

Property facts

Year built
1899
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,856 sqft
Lot size
25,265 sqft
ZIP code
48837
City
Grand Ledge
Street
Jefferson St
Coordinates
42.75606, -84.75264

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
$2,784
Gross rental yield
13.64%
Implied cap rate
8.86%
Trend-extrapolated value

Frequently asked questions

When did 502 Jefferson St last sell?
502 Jefferson St most recently sold on Feb 28, 2022 for $245,000.
What is the current tax assessment for 502 Jefferson St?
The most recent total assessment for 502 Jefferson St (year 2021) is $80,100 with $2,366 in property tax.
How does 502 Jefferson St's assessment compare to its last sale price?
The current assessment is 67.3% below the last sale price of $245,000.
When was 502 Jefferson St built?
502 Jefferson St was built in 1899.
How does 502 Jefferson St compare to others on Jefferson St?
We track 8 other properties on Jefferson St. Browse the list under "Other properties on Jefferson St" to compare beds, baths, and sale history.
What are the property facts for 502 Jefferson St?
502 Jefferson St is a 4 bed, 3 bath, 1,856 sqft, 25,265 sqft lot single_family.
Is 502 Jefferson St a flip candidate?
No — 502 Jefferson St does not appear in our flips dataset.
Is 502 Jefferson St a tax-appeal candidate?
No — 502 Jefferson St 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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