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720 Downer Ave

Lansing, MI 48912

3 bd 1 ba 1,288 sqft Built 1941 Lot 3,920 sqft single_family
Most recent sale
$139,800
Oct 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 26, 2022 Sold $139,800 MLS #269061
Oct 5, 2022 Listed $139,900 MLS #269061
Oct 3, 2011 Listing removed $92,000 GreaterLansingArea
Jun 17, 2011 Listed $92,000 MLS #27038
Jun 9, 2011 Listing removed $92,000 GreaterLansingArea
Apr 13, 2011 Price changed $92,000 MLS #14638
Sep 18, 2010 Price changed $99,900 MLS #14638
Jun 10, 2010 Listed $106,000 MLS #14638
Jun 7, 2010 Listing removed $113,900 GreaterLansingArea
May 2, 2010 Price changed $113,900 MLS #198381
Jan 7, 2010 Listed $120,000 MLS #198381
Jan 2, 2010 Listing removed $122,000 GreaterLansingArea
Nov 20, 2009 Price changed $122,000 MLS #192017
Jul 3, 2009 Listed $126,000 MLS #192017
Jan 16, 2004 Sold $100,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $48,800 $2,666
2020 $46,500 $3,196
2019 $44,300 $3,104
2018 $41,900 $2,928
2017 $41,300 $2,819
2016 $38,000 $2,790
2015 $36,900 $2,746
2014 $36,900 $2,749
2013 $37,000 $2,741
2012 $37,515 $2,768
2011 $42,100 $2,866
2010 $46,700 $3,097
2009 $51,300 $2,467
2008 $55,600 $2,045

Property facts

Year built
1941
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,288 sqft
Lot size
3,920 sqft
ZIP code
48912
City
Lansing
Street
Downer Ave
Coordinates
42.74159, -84.51496

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
$839
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 720 Downer Ave last sell?
720 Downer Ave most recently sold on Oct 26, 2022 for $139,800.
What is the current tax assessment for 720 Downer Ave?
The most recent total assessment for 720 Downer Ave (year 2021) is $48,800 with $2,666 in property tax.
How does 720 Downer Ave's assessment compare to its last sale price?
The current assessment is 65.1% below the last sale price of $139,800.
When was 720 Downer Ave built?
720 Downer Ave was built in 1941.
How does 720 Downer Ave compare to others on Downer Ave?
We track 8 other properties on Downer Ave. Browse the list under "Other properties on Downer Ave" to compare beds, baths, and sale history.
What are the property facts for 720 Downer Ave?
720 Downer Ave is a 3 bed, 1 bath, 1,288 sqft, 3,920 sqft lot single_family.
Is 720 Downer Ave a flip candidate?
No — 720 Downer Ave does not appear in our flips dataset.
Is 720 Downer Ave a tax-appeal candidate?
No — 720 Downer 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
+4.4%
Implied 1-yr
+17.4%
2026 Q3
$192K
2026 Q4
$198.5K
ZIP 48912 — Median Price History + Forecast

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