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1222 Capitol Ave

Lansing, MI 48906

4 bd 2 ba 1,252 sqft Built 1889 Lot 5,663 sqft single_family
Most recent sale
$72,500
Dec 10, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 15, 2024 Price changed $105,000 GreaterLansingArea
Feb 26, 2024 Price changed $109,900 GreaterLansingArea
Feb 15, 2024 Listed $119,900 GreaterLansingArea
Dec 10, 2021 Sold $72,500 GreaterLansingArea
Feb 14, 2017 Listing removed $795 RentlinxUnits
Jan 29, 2017 Listed for rent $795 RentlinxUnits
Sep 28, 2015 Listing removed $775 RentlinxUnits
Aug 26, 2015 Listed for rent $775 RentlinxUnits
Aug 25, 2015 Listing removed $775 RentlinxUnits
Nov 17, 2014 Listed for rent $775 RentlinxUnits

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $29,500 $1,847
2021 $27,500 $1,932
2019 $24,500 $1,862
2017 $22,600 $1,691
2016 $22,200 $1,728
2015 $21,600 $1,754
2014 $22,000 $1,790
2013 $22,500 $1,820
2012 $24,647 $1,972
2011 $27,200 $2,004
2010 $30,500 $2,178
2009 $33,400 $2,373
2008 $36,100 $2,126
2007 $36,200 $1,851

Property facts

Year built
1889
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,252 sqft
Lot size
5,663 sqft
ZIP code
48906
City
Lansing
Street
Capitol Ave
Coordinates
42.74817, -84.55325

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
$435
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1222 Capitol Ave last sell?
1222 Capitol Ave most recently sold on Dec 10, 2021 for $72,500.
What is the current tax assessment for 1222 Capitol Ave?
The most recent total assessment for 1222 Capitol Ave (year 2022) is $29,500 with $1,847 in property tax.
How does 1222 Capitol Ave's assessment compare to its last sale price?
The current assessment is 59.3% below the last sale price of $72,500.
When was 1222 Capitol Ave built?
1222 Capitol Ave was built in 1889.
How does 1222 Capitol Ave compare to others on Capitol Ave?
We track 8 other properties on Capitol Ave. Browse the list under "Other properties on Capitol Ave" to compare beds, baths, and sale history.
What are the property facts for 1222 Capitol Ave?
1222 Capitol Ave is a 4 bed, 2 bath, 1,252 sqft, 5,663 sqft lot single_family.
Is 1222 Capitol Ave a flip candidate?
No — 1222 Capitol Ave does not appear in our flips dataset.
Is 1222 Capitol Ave a tax-appeal candidate?
No — 1222 Capitol Ave 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
+3.1%
Implied 1-yr
+12.4%
2026 Q3
$204K
2026 Q4
$209.3K
ZIP 48906 — Median Price History + Forecast

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