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232 Lathrop St

Lansing, MI 48912

5 bd 2 ba 1,574 sqft Built 1909 Lot 3,049 sqft single_family
Most recent sale
$150,000
Oct 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 17, 2022 Sold $150,000 MLS #268180
Aug 30, 2022 Listed $142,500 MLS #268180
Jun 13, 2017 Sold $71,250 MLS #215843
May 12, 2017 Listed $74,900 MLS #215843
Jul 21, 2004 Sold $73,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $40,200 $2,265
2020 $38,500 $2,734
2019 $34,100 $2,655
2018 $32,400 $2,504
2017 $31,500 $2,148
2016 $30,100 $2,565
2015 $27,800 $2,092
2014 $28,000 $2,109
2013 $28,500 $2,133
2012 $30,487 $2,266
2011 $34,200 $2,341
2010 $38,600 $2,571
2009 $42,300 $2,812
2008 $45,700 $2,390

Property facts

Year built
1909
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
1,574 sqft
Lot size
3,049 sqft
ZIP code
48912
City
Lansing
Street
Lathrop St
Coordinates
42.73127, -84.52879

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 232 Lathrop St last sell?
232 Lathrop St most recently sold on Oct 17, 2022 for $150,000.
What is the current tax assessment for 232 Lathrop St?
The most recent total assessment for 232 Lathrop St (year 2021) is $40,200 with $2,265 in property tax.
How does 232 Lathrop St's assessment compare to its last sale price?
The current assessment is 73.2% below the last sale price of $150,000.
When was 232 Lathrop St built?
232 Lathrop St was built in 1909.
How does 232 Lathrop St compare to others on Lathrop St?
We track 8 other properties on Lathrop St. Browse the list under "Other properties on Lathrop St" to compare beds, baths, and sale history.
What are the property facts for 232 Lathrop St?
232 Lathrop St is a 5 bed, 2 bath, 1,574 sqft, 3,049 sqft lot single_family.
Is 232 Lathrop St a flip candidate?
No — 232 Lathrop St does not appear in our flips dataset.
Is 232 Lathrop St a tax-appeal candidate?
No — 232 Lathrop 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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