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533 McPherson Ave

Lansing, MI 48915

3 bd 2 ba 2,562 sqft Built 1950 Lot 16,553 sqft single_family
Most recent sale
$190,000
Nov 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 1, 2022 Sold $190,000 MLS #268955
Sep 30, 2022 Listed $185,000 MLS #268955

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $68,200 $2,315
2020 $64,500 $2,931
2019 $59,100 $2,826
2018 $57,400 $2,632
2017 $56,100 $2,520
2016 $48,200 $2,493
2015 $43,700 $2,443
2014 $44,500 $2,490
2013 $44,700 $2,483
2012 $50,184 $2,764
2011 $58,600 $2,862
2010 $66,200 $2,725
2009 $73,200 $2,733
2008 $80,100 $2,145

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,562 sqft
Lot size
16,553 sqft
ZIP code
48915
City
Lansing
Street
McPherson Ave
Coordinates
42.72797, -84.57755

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
$1,140
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 533 McPherson Ave last sell?
533 McPherson Ave most recently sold on Nov 1, 2022 for $190,000.
What is the current tax assessment for 533 McPherson Ave?
The most recent total assessment for 533 McPherson Ave (year 2021) is $68,200 with $2,315 in property tax.
How does 533 McPherson Ave's assessment compare to its last sale price?
The current assessment is 64.1% below the last sale price of $190,000.
When was 533 McPherson Ave built?
533 McPherson Ave was built in 1950.
How does 533 McPherson Ave compare to others on McPherson Ave?
We track 8 other properties on McPherson Ave. Browse the list under "Other properties on McPherson Ave" to compare beds, baths, and sale history.
What are the property facts for 533 McPherson Ave?
533 McPherson Ave is a 3 bed, 2 bath, 2,562 sqft, 16,553 sqft lot single_family.
Is 533 McPherson Ave a flip candidate?
No — 533 McPherson Ave does not appear in our flips dataset.
Is 533 McPherson Ave a tax-appeal candidate?
No — 533 McPherson 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
+1.7%
Implied 1-yr
+6.9%
2026 Q3
$120.1K
2026 Q4
$121.9K
ZIP 48915 — Median Price History + Forecast

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