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916 Fayette St

Lansing, MI 48910

2 bd 1 ba 1,222 sqft Built 1950 Lot 7,841 sqft single_family
Most recent sale
$62,040
Jun 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 22, 2022 Sold $62,040 MLS #264740
May 9, 2022 Listed $62,000 MLS #264740
Jan 11, 2022 Sold $54,000 MLS #261450

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $23,600 $1,152
2020 $21,900 $1,447
2019 $20,200 $1,404
2018 $17,600 $1,325
2017 $17,100 $1,274
2016 $16,800 $1,259
2015 $16,400 $1,241
2014 $15,700 $1,223
2013 $16,300 $1,259
2012 $17,322 $1,273
2011 $19,900 $1,141
2010 $22,800 $1,097
2009 $23,400 $1,100
2008 $25,400 $875
2007 $25,400 $856

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,222 sqft
Lot size
7,841 sqft
ZIP code
48910
City
Lansing
Street
Fayette St
Coordinates
42.71788, -84.53887

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$372
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 916 Fayette St last sell?
916 Fayette St most recently sold on Jun 22, 2022 for $62,040.
What is the current tax assessment for 916 Fayette St?
The most recent total assessment for 916 Fayette St (year 2021) is $23,600 with $1,152 in property tax.
How does 916 Fayette St's assessment compare to its last sale price?
The current assessment is 62.0% below the last sale price of $62,040.
When was 916 Fayette St built?
916 Fayette St was built in 1950.
How does 916 Fayette St compare to others on Fayette St?
We do not currently track other properties on Fayette St.
What are the property facts for 916 Fayette St?
916 Fayette St is a 2 bed, 1 bath, 1,222 sqft, 7,841 sqft lot single_family.
Is 916 Fayette St a flip candidate?
No — 916 Fayette St does not appear in our flips dataset.
Is 916 Fayette St a tax-appeal candidate?
No — 916 Fayette 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
+2.3%
Implied 1-yr
+9.1%
2026 Q3
$170.5K
2026 Q4
$173.9K
ZIP 48910 — Median Price History + Forecast

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