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2321 Commonwealth Ave

Lansing, MI 48906

1 bd 1 ba 713 sqft Built 1942 Lot 4,792 sqft single_family
Most recent sale
$82,900
Apr 10, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2024 Listed $79,900 GreaterLansingArea
Apr 10, 2024 Sold $82,900 GreaterLansingArea
Mar 15, 2024 Listed $79,900 GreaterLansingArea

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $20,600 $1,375
2021 $19,000 $1,344
2019 $17,200 $1,294
2017 $15,200 $1,174
2016 $14,900 $1,160
2015 $14,600 $1,144
2014 $14,600 $1,940
2013 $15,100 $2,285
2012 $16,035 $2,307
2011 $17,900 $3,063
2010 $20,000 $1,602
2009 $21,800 $1,142
2008 $23,900 $953
2007 $24,200 $948

Property facts

Year built
1942
Property type
single_family
Stories
2
Beds
1
Baths
1
Living area
713 sqft
Lot size
4,792 sqft
ZIP code
48906
City
Lansing
Street
Commonwealth Ave
Coordinates
42.75819, -84.53565

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
$497
Gross rental yield
7.19%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2321 Commonwealth Ave last sell?
2321 Commonwealth Ave most recently sold on Apr 10, 2024 for $82,900.
What is the current tax assessment for 2321 Commonwealth Ave?
The most recent total assessment for 2321 Commonwealth Ave (year 2022) is $20,600 with $1,375 in property tax.
How does 2321 Commonwealth Ave's assessment compare to its last sale price?
The current assessment is 75.2% below the last sale price of $82,900.
When was 2321 Commonwealth Ave built?
2321 Commonwealth Ave was built in 1942.
How does 2321 Commonwealth Ave compare to others on Commonwealth Ave?
We track 3 other properties on Commonwealth Ave. Browse the list under "Other properties on Commonwealth Ave" to compare beds, baths, and sale history.
What are the property facts for 2321 Commonwealth Ave?
2321 Commonwealth Ave is a 1 bed, 1 bath, 713 sqft, 4,792 sqft lot single_family.
Is 2321 Commonwealth Ave a flip candidate?
No — 2321 Commonwealth Ave does not appear in our flips dataset.
Is 2321 Commonwealth Ave a tax-appeal candidate?
No — 2321 Commonwealth 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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