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7432 Lee Rd

Jackson, MI 49201

3 bd 2 ba 1,950 sqft Built 1983 Lot 14,810 sqft single_family
Most recent sale
$200,000
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2022 Sold $200,000 Public Record
May 9, 2022 Sold $200,000 MichRic
Mar 8, 2022 Listed $199,900 MLS #22007014

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $68,418 $1,227
2023 $85,575 $2,599
2022 $70,425 $1,463
2021 $60,868 $840
2020 $59,897 $1,431
2019 $52,580 $1,386
2018 $53,861 $1,350
2017 $53,391 $1,268
2016 $59,738 $1,244
2015 $42,580 $1,116
2014 $41,564 $1,035
2013 $44,521 $1,106
2012 $43,663 $1,086
2011 $46,927 $1,135
2010 $50,750 $1,225
2009 $54,300 $1,305
2008 $60,800 $965
2007 $66,050 $943

Property facts

Year built
1983
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,950 sqft
Lot size
14,810 sqft
ZIP code
49201
City
Jackson
Street
Lee Rd
Coordinates
42.21851, -84.28285

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
$1,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7432 Lee Rd last sell?
7432 Lee Rd most recently sold on May 13, 2022 for $200,000.
What is the current tax assessment for 7432 Lee Rd?
The most recent total assessment for 7432 Lee Rd (year 2025) is $68,418 with $1,227 in property tax.
How does 7432 Lee Rd's assessment compare to its last sale price?
The current assessment is 65.8% below the last sale price of $200,000.
When was 7432 Lee Rd built?
7432 Lee Rd was built in 1983.
How does 7432 Lee Rd compare to others on Lee Rd?
We track 8 other properties on Lee Rd. Browse the list under "Other properties on Lee Rd" to compare beds, baths, and sale history.
What are the property facts for 7432 Lee Rd?
7432 Lee Rd is a 3 bed, 2 bath, 1,950 sqft, 14,810 sqft lot single_family.
Is 7432 Lee Rd a flip candidate?
No — 7432 Lee Rd does not appear in our flips dataset.
Is 7432 Lee Rd a tax-appeal candidate?
No — 7432 Lee Rd 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
+3.0%
Implied 1-yr
+11.9%
2026 Q3
$291.2K
2026 Q4
$298.5K
ZIP 49201 — Median Price History + Forecast

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