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1607 Jerome St

Lansing, MI 48912

4 bd 2 ba 1,584 sqft Built 1890 Lot 7,841 sqft single_family
Most recent sale
$165,000
Sep 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 1, 2022 Sold $165,000 MLS #267097
Jul 21, 2022 Listed $159,900 MLS #267097

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $66,200 $2,374
2020 $61,800 $3,001
2019 $56,900 $2,894
2018 $53,500 $2,696
2017 $51,600 $2,581
2016 $46,800 $2,554
2015 $44,800 $2,502
2014 $44,100 $2,469
2013 $44,900 $2,494
2012 $48,304 $2,663
2011 $53,200 $2,640
2010 $59,400 $2,845
2009 $64,900 $2,941
2008 $69,900 $2,312

Property facts

Year built
1890
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,584 sqft
Lot size
7,841 sqft
ZIP code
48912
City
Lansing
Street
Jerome St
Coordinates
42.73507, -84.52679

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$990
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1607 Jerome St last sell?
1607 Jerome St most recently sold on Sep 1, 2022 for $165,000.
What is the current tax assessment for 1607 Jerome St?
The most recent total assessment for 1607 Jerome St (year 2021) is $66,200 with $2,374 in property tax.
How does 1607 Jerome St's assessment compare to its last sale price?
The current assessment is 59.9% below the last sale price of $165,000.
When was 1607 Jerome St built?
1607 Jerome St was built in 1890.
How does 1607 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 1607 Jerome St?
1607 Jerome St is a 4 bed, 2 bath, 1,584 sqft, 7,841 sqft lot single_family.
Is 1607 Jerome St a flip candidate?
No — 1607 Jerome St does not appear in our flips dataset.
Is 1607 Jerome St a tax-appeal candidate?
No — 1607 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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