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1531 Jerome St

Lansing, MI 48912

3 bd 3 ba 1,698 sqft Built 1910 Lot 6,098 sqft single_family
Most recent sale
$200,000
Oct 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 17, 2022 Sold $200,000 MLS #268460
Sep 13, 2022 Listed $215,000 MLS #268460
Aug 29, 2019 Sold $135,000 Public Record
Aug 27, 2019 Sold $155,000 GreaterLansingArea
May 23, 2008 Sold $87,000 Public Record
May 15, 2008 Sold $87,000 Public Record
Apr 10, 2008 Sold $87,000 MLS #168829
Jul 22, 2002 Sold $99,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $55,100 $2,516
2020 $51,200 $3,175
2019 $47,300 $3,284
2018 $46,500 $3,098
2017 $44,900 $2,983
2016 $40,900 $2,952
2015 $39,300 $2,905
2014 $38,500 $2,864
2013 $39,200 $2,898
2012 $41,969 $3,086
2011 $51,700 $3,503
2010 $59,300 $3,914
2009 $64,700 $4,265
2008 $69,600 $3,344

Property facts

Year built
1910
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,698 sqft
Lot size
6,098 sqft
ZIP code
48912
City
Lansing
Street
Jerome St
Coordinates
42.73489, -84.52761

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1531 Jerome St last sell?
1531 Jerome St most recently sold on Oct 17, 2022 for $200,000.
What is the current tax assessment for 1531 Jerome St?
The most recent total assessment for 1531 Jerome St (year 2021) is $55,100 with $2,516 in property tax.
How does 1531 Jerome St's assessment compare to its last sale price?
The current assessment is 72.5% below the last sale price of $200,000.
When was 1531 Jerome St built?
1531 Jerome St was built in 1910.
How does 1531 Jerome St compare to others on Jerome St?
We track 8 other properties on Jerome St. Browse the list under "Other properties on Jerome St" to compare beds, baths, and sale history.
What are the property facts for 1531 Jerome St?
1531 Jerome St is a 3 bed, 3 bath, 1,698 sqft, 6,098 sqft lot single_family.
Is 1531 Jerome St a flip candidate?
No — 1531 Jerome St does not appear in our flips dataset.
Is 1531 Jerome St a tax-appeal candidate?
No — 1531 Jerome 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
+4.4%
Implied 1-yr
+17.4%
2026 Q3
$192K
2026 Q4
$198.5K
ZIP 48912 — Median Price History + Forecast

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