1240 Chester Rd
Lansing, MI 48912
4 bd 2 ba 2,232 sqft Built 1962 Lot 10,454 sqft single_family
Most recent sale
$225,000
Sep 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 4, 2023 | Price changed | $280,000 | GreaterLansingArea |
| Jun 21, 2023 | Listed | $285,000 | GreaterLansingArea |
| Sep 14, 2022 | Sold | $225,000 | MLS #267579 |
| Aug 5, 2022 | Listed | $225,000 | MLS #267579 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $95,700 | $1,837 |
| 2020 | — | — | $92,800 | $3,769 |
| 2019 | — | — | $89,800 | $3,654 |
| 2018 | — | — | $80,400 | $3,369 |
| 2017 | — | — | $81,100 | $3,227 |
| 2016 | — | — | $76,700 | $3,109 |
| 2015 | — | — | $66,500 | $2,978 |
| 2014 | — | — | $66,900 | $2,875 |
| 2013 | — | — | $65,000 | $2,809 |
| 2012 | — | — | $63,600 | $2,727 |
| 2011 | — | — | $72,500 | $2,818 |
| 2010 | — | — | $73,500 | $2,739 |
| 2009 | — | — | $81,900 | $2,722 |
| 2008 | — | — | $90,700 | $1,409 |
Property facts
Year built
1962
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,232 sqft
Lot size
10,454 sqft
ZIP code
48912
City
Lansing
Street
Chester Rd
Coordinates
42.74794, -84.51085
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1240 Chester Rd last sell?
1240 Chester Rd most recently sold on Sep 14, 2022 for $225,000.
What is the current tax assessment for 1240 Chester Rd?
The most recent total assessment for 1240 Chester Rd (year 2021) is $95,700 with $1,837 in property tax.
How does 1240 Chester Rd's assessment compare to its last sale price?
The current assessment is 57.5% below the last sale price of $225,000.
When was 1240 Chester Rd built?
1240 Chester Rd was built in 1962.
How does 1240 Chester Rd compare to others on Chester Rd?
We track 8 other properties on Chester Rd. Browse the list under "Other properties on Chester Rd" to compare beds, baths, and sale history.
What are the property facts for 1240 Chester Rd?
1240 Chester Rd is a 4 bed, 2 bath, 2,232 sqft, 10,454 sqft lot single_family.
Is 1240 Chester Rd a flip candidate?
No — 1240 Chester Rd does not appear in our flips dataset.
Is 1240 Chester Rd a tax-appeal candidate?
No — 1240 Chester 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
+4.4%
Implied 1-yr
+17.4%
2026 Q3
$192K
2026 Q4
$198.5K
ZIP 48912 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Chester Rd