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1520 Downey St

Lansing, MI 48906

4 bd 2 ba 1,294 sqft Built 1968 Lot 6,970 sqft single_family
Most recent sale
$175,000
Oct 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 18, 2022 Sold $175,000 MLS #268706
Sep 21, 2022 Listed $169,900 MLS #268706
Jul 30, 2021 Listed $149,900 MLS #258105
Sep 7, 2017 Sold $114,000 MLS #218236
Jul 19, 2017 Listed $105,000 MLS #218236
Jan 18, 2016 Listing removed $975 AppfolioUnits
Jan 13, 2016 Listed for rent $975 AppfolioUnits
Jan 29, 2015 Sold $22,500 MLS #65632
Dec 2, 2014 Listed $30,000 MLS #65632
Mar 7, 2013 Listing removed $29,900 GreaterLansingArea
Mar 4, 2013 Price changed $29,900 MLS #44529
Jan 30, 2013 Listed $32,000 MLS #44529
Sep 7, 2010 Listing removed $99,900 GreaterLansingArea
Mar 5, 2010 Listing removed $99,900 GreaterLansingArea
Mar 5, 2010 Listed $99,900 MLS #10728
Jun 4, 2009 Listed $99,900 MLS #187291

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $56,100 $2,288
2020 $50,200 $2,898
2019 $45,700 $2,794
2018 $45,400 $2,646
2017 $44,900 $3,341
2016 $44,100 $3,306
2015 $42,000 $3,037
2014 $40,300 $2,994
2013 $42,000 $3,099
2012 $45,037 $2,460
2011 $50,800 $2,162
2010 $58,300 $2,059
2009 $65,700 $2,065
2008 $73,000 $1,608

Property facts

Year built
1968
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,294 sqft
Lot size
6,970 sqft
ZIP code
48906
City
Lansing
Street
Downey St
Coordinates
42.76342, -84.57259

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
$1,941
Gross rental yield
13.31%
Implied cap rate
8.65%
Trend-extrapolated value

Frequently asked questions

When did 1520 Downey St last sell?
1520 Downey St most recently sold on Oct 18, 2022 for $175,000.
What is the current tax assessment for 1520 Downey St?
The most recent total assessment for 1520 Downey St (year 2021) is $56,100 with $2,288 in property tax.
How does 1520 Downey St's assessment compare to its last sale price?
The current assessment is 67.9% below the last sale price of $175,000.
When was 1520 Downey St built?
1520 Downey St was built in 1968.
How does 1520 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 1520 Downey St?
1520 Downey St is a 4 bed, 2 bath, 1,294 sqft, 6,970 sqft lot single_family.
Is 1520 Downey St a flip candidate?
No — 1520 Downey St does not appear in our flips dataset.
Is 1520 Downey St a tax-appeal candidate?
No — 1520 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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