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616 Ionia St

Lansing, MI 48933

4 bd 3 ba 2,328 sqft Built 1915 Lot 8,276 sqft single_family
Most recent sale
$235,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $235,000 MLS #264518
May 4, 2022 Listed $232,800 MLS #264518

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $60,500 $3,487
2020 $56,000 $4,260
2019 $51,400 $4,136
2018 $53,200 $3,903
2017 $52,600 $3,755
2016 $51,600 $3,714
2015 $50,800 $3,657
2014 $50,400 $3,606
2013 $51,200 $3,531
2012 $51,867 $3,438
2011 $60,500 $3,092
2010 $64,800 $2,970
2009 $94,400 $2,979
2008 $105,600 $2,410
2007 $105,200 $2,358

Property facts

Year built
1915
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,328 sqft
Lot size
8,276 sqft
ZIP code
48933
City
Lansing
Street
Ionia St
Coordinates
42.73626, -84.56086

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,410
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 616 Ionia St last sell?
616 Ionia St most recently sold on May 26, 2022 for $235,000.
What is the current tax assessment for 616 Ionia St?
The most recent total assessment for 616 Ionia St (year 2021) is $60,500 with $3,487 in property tax.
How does 616 Ionia St's assessment compare to its last sale price?
The current assessment is 74.3% below the last sale price of $235,000.
When was 616 Ionia St built?
616 Ionia St was built in 1915.
How does 616 Ionia St compare to others on Ionia St?
We track 8 other properties on Ionia St. Browse the list under "Other properties on Ionia St" to compare beds, baths, and sale history.
What are the property facts for 616 Ionia St?
616 Ionia St is a 4 bed, 3 bath, 2,328 sqft, 8,276 sqft lot single_family.
Is 616 Ionia St a flip candidate?
No — 616 Ionia St does not appear in our flips dataset.
Is 616 Ionia St a tax-appeal candidate?
No — 616 Ionia 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
+6.8%
Implied 1-yr
+27.3%
2026 Q3
$236.1K
2026 Q4
$247.2K
ZIP 48933 — Median Price History + Forecast

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