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1307 Downey St

Lansing, MI 48906

2 bd 1 ba 875 sqft Built 1942 Lot 6,098 sqft single_family
Most recent sale
$40,000
Sep 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 20, 2022 Sold $40,000 MLS #268082
Aug 26, 2022 Listed $36,500 MLS #268082
Jul 5, 2017 Sold $20,000 MLS #216021
May 18, 2017 Listed $15,000 MLS #216021
Jul 6, 2005 Sold $61,700 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $33,400 $1,225
2020 $29,100 $1,605
2019 $26,400 $1,547
2018 $23,900 $1,443
2017 $23,400 $1,788
2016 $23,100 $1,694
2015 $21,900 $1,669
2014 $21,700 $1,656
2013 $22,300 $1,689
2012 $23,360 $1,334
2011 $25,700 $1,311
2010 $28,600 $1,405
2009 $31,500 $1,541
2008 $34,200 $1,344

Property facts

Year built
1942
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
875 sqft
Lot size
6,098 sqft
ZIP code
48906
City
Lansing
Street
Downey St
Coordinates
42.76296, -84.56941

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$240
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1307 Downey St last sell?
1307 Downey St most recently sold on Sep 20, 2022 for $40,000.
What is the current tax assessment for 1307 Downey St?
The most recent total assessment for 1307 Downey St (year 2021) is $33,400 with $1,225 in property tax.
How does 1307 Downey St's assessment compare to its last sale price?
The current assessment is 16.5% below the last sale price of $40,000.
When was 1307 Downey St built?
1307 Downey St was built in 1942.
How does 1307 Downey St compare to others on Downey St?
We track 8 other properties on Downey St. Browse the list under "Other properties on Downey St" to compare beds, baths, and sale history.
What are the property facts for 1307 Downey St?
1307 Downey St is a 2 bed, 1 bath, 875 sqft, 6,098 sqft lot single_family.
Is 1307 Downey St a flip candidate?
No — 1307 Downey St does not appear in our flips dataset.
Is 1307 Downey St a tax-appeal candidate?
No — 1307 Downey St 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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