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1923 Gay Ln

Lansing, MI 48912

3 bd 2 ba 2,526 sqft Built 1962 Lot 10,019 sqft single_family
Most recent sale
$225,000
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 9, 2026 Sold $284,900 GreaterLansingArea
Dec 6, 2025 Listed $259,900 GreaterLansingArea
Jul 8, 2022 Sold $225,000 MLS #265898
Jun 13, 2022 Listed $205,000 MLS #265898
Jul 19, 2019 Sold $166,000 MLS #237773

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $101,200 $2,557
2020 $103,900 $2,776
2019 $99,200 $4,319
2018 $88,100 $3,982
2017 $87,400 $3,901
2016 $86,000 $3,757
2015 $80,900 $3,517
2014 $77,300 $3,414
2013 $75,100 $3,340
2012 $76,600 $3,381
2011 $87,000 $3,766
2010 $90,200 $3,771
2009 $104,300 $3,954
2008 $112,700 $2,006

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,526 sqft
Lot size
10,019 sqft
ZIP code
48912
City
Lansing
Street
Gay Ln
Coordinates
42.75417, -84.51687

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1923 Gay Ln last sell?
1923 Gay Ln most recently sold on Jul 8, 2022 for $225,000.
What is the current tax assessment for 1923 Gay Ln?
The most recent total assessment for 1923 Gay Ln (year 2021) is $101,200 with $2,557 in property tax.
How does 1923 Gay Ln's assessment compare to its last sale price?
The current assessment is 55.0% below the last sale price of $225,000.
When was 1923 Gay Ln built?
1923 Gay Ln was built in 1962.
How does 1923 Gay Ln compare to others on Gay Ln?
We track 8 other properties on Gay Ln. Browse the list under "Other properties on Gay Ln" to compare beds, baths, and sale history.
What are the property facts for 1923 Gay Ln?
1923 Gay Ln is a 3 bed, 2 bath, 2,526 sqft, 10,019 sqft lot single_family.
Is 1923 Gay Ln a flip candidate?
No — 1923 Gay Ln does not appear in our flips dataset.
Is 1923 Gay Ln a tax-appeal candidate?
No — 1923 Gay Ln 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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