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348 Grace St

Lansing, MI 48917

2 bd 1 ba 975 sqft Built 1956 Lot 13,504 sqft single_family
Most recent sale
$125,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $125,000 MLS #264197

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $44,900 $1,148
2020 $37,400 $2,318
2019 $34,200 $2,275
2018 $34,600 $2,232
2017 $35,800 $2,156
2016 $33,400 $2,057
2015 $31,000 $2,010
2014 $31,700 $1,930
2013 $28,400 $1,892
2012 $27,900 $1,807
2011 $35,600 $1,760
2010 $41,300 $1,954
2009 $51,600 $1,959
2008 $57,200 $1,020

Property facts

Year built
1956
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
975 sqft
Lot size
13,504 sqft
ZIP code
48917
City
Lansing
Street
Grace St
Coordinates
42.73050, -84.58923

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,463
Gross rental yield
14.04%
Implied cap rate
9.13%
Trend-extrapolated value

Frequently asked questions

When did 348 Grace St last sell?
348 Grace St most recently sold on Apr 15, 2022 for $125,000.
What is the current tax assessment for 348 Grace St?
The most recent total assessment for 348 Grace St (year 2021) is $44,900 with $1,148 in property tax.
How does 348 Grace St's assessment compare to its last sale price?
The current assessment is 64.1% below the last sale price of $125,000.
When was 348 Grace St built?
348 Grace St was built in 1956.
How does 348 Grace St compare to others on Grace St?
We track 8 other properties on Grace St. Browse the list under "Other properties on Grace St" to compare beds, baths, and sale history.
What are the property facts for 348 Grace St?
348 Grace St is a 2 bed, 1 bath, 975 sqft, 13,504 sqft lot single_family.
Is 348 Grace St a flip candidate?
No — 348 Grace St does not appear in our flips dataset.
Is 348 Grace St a tax-appeal candidate?
No — 348 Grace 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
+4.2%
Implied 1-yr
+16.8%
2026 Q3
$323.8K
2026 Q4
$334.5K
ZIP 48917 — Median Price History + Forecast

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