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1202 Loraine Ave

Lansing, MI 48910

3 bd 1 ba 1,128 sqft Built 1947 Lot 5,663 sqft single_family
Most recent sale
$76,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2022 Sold $76,000 MLS #265006
May 17, 2022 Listed $80,000 MLS #265006
Dec 21, 2018 Sold $70,000 MLS #227684
Nov 1, 2018 Price changed $69,900 MLS #227684
Oct 12, 2018 Relisted $74,900 MLS #227684
Aug 20, 2018 Price changed $74,900 MLS #227684
Jun 26, 2018 Listed $79,900 MLS #227684
Jul 10, 2017 Sold $70,000 MLS #215721
May 10, 2017 Listed $72,500 MLS #215721
Jul 24, 2014 Sold $31,500 MLS #54943
May 21, 2014 Price changed $42,900 MLS #54943
Jan 7, 2014 Listed $49,900 MLS #54943
Jun 21, 2013 Listed $57,000 MLS #49276

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $35,700 $1,597
2020 $33,700 $2,058
2019 $31,900 $1,984
2018 $31,800 $1,885
2017 $31,300 $2,318
2016 $30,800 $2,293
2015 $30,100 $2,258
2014 $33,100 $2,476
2013 $34,400 $1,932
2012 $36,228 $2,020
2011 $40,700 $1,970
2010 $44,700 $1,876
2009 $48,500 $1,882
2008 $52,000 $1,460

Property facts

Year built
1947
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,128 sqft
Lot size
5,663 sqft
ZIP code
48910
City
Lansing
Street
Loraine Ave
Coordinates
42.70677, -84.56890

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$456
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1202 Loraine Ave last sell?
1202 Loraine Ave most recently sold on Jul 1, 2022 for $76,000.
What is the current tax assessment for 1202 Loraine Ave?
The most recent total assessment for 1202 Loraine Ave (year 2021) is $35,700 with $1,597 in property tax.
How does 1202 Loraine Ave's assessment compare to its last sale price?
The current assessment is 53.0% below the last sale price of $76,000.
When was 1202 Loraine Ave built?
1202 Loraine Ave was built in 1947.
How does 1202 Loraine Ave compare to others on Loraine Ave?
We track 8 other properties on Loraine Ave. Browse the list under "Other properties on Loraine Ave" to compare beds, baths, and sale history.
What are the property facts for 1202 Loraine Ave?
1202 Loraine Ave is a 3 bed, 1 bath, 1,128 sqft, 5,663 sqft lot single_family.
Is 1202 Loraine Ave a flip candidate?
No — 1202 Loraine Ave does not appear in our flips dataset.
Is 1202 Loraine Ave a tax-appeal candidate?
No — 1202 Loraine Ave 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
+2.3%
Implied 1-yr
+9.1%
2026 Q3
$170.5K
2026 Q4
$173.9K
ZIP 48910 — Median Price History + Forecast

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