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229 Richard Ave

Lansing, MI 48917

3 bd 2 ba 1,402 sqft Built 1963 Lot 6,534 sqft single_family
Most recent sale
$166,000
Jul 20, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 20, 2021 Sold $166,000 Public Record
Jul 16, 2021 Sold $166,000 GreaterLansingArea
May 28, 2021 Price changed $169,000 MLS #21016837
May 13, 2021 Listed $175,000 MLS #255459
Apr 17, 2015 Sold $65,000 MLS #57215
Mar 5, 2015 Price changed $59,900 MLS #57215
Jan 22, 2015 Relisted $64,900 MLS #57215
Dec 10, 2014 Listing removed $64,900 GreaterLansingArea
Nov 18, 2014 Price changed $64,900 MLS #57215
Oct 17, 2014 Price changed $72,900 MLS #57215
Oct 10, 2014 Relisted $80,900 MLS #57215
Sep 30, 2014 Listing removed $80,900 GreaterLansingArea
Sep 16, 2014 Price changed $80,900 MLS #57215
Aug 19, 2014 Relisted $88,900 MLS #57215
Jul 9, 2014 Listing removed $92,900 GreaterLansingArea
May 30, 2014 Price changed $92,900 MLS #57215
Apr 28, 2014 Price changed $99,900 MLS #57215
Mar 28, 2014 Listed $108,900 MLS #57215

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $89,500 $2,307
2024 $89,500 $3,777
2023 $83,000 $3,626
2022 $77,800 $3,314
2021 $61,000 $1,463
2020 $55,800 $2,354
2019 $53,600 $2,351
2018 $52,800 $1,400
2017 $50,000 $2,226
2011 $50,900 $2,075
2010 $54,200 $2,167
2009 $58,500 $2,327
2008 $63,500 $2,511
2007 $66,400 $2,649
2006 $63,600 $2,607

Property facts

Year built
1963
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,402 sqft
Lot size
6,534 sqft
ZIP code
48917
City
Lansing
Street
Richard Ave
Coordinates
42.73595, -84.61738

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
$996
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 229 Richard Ave last sell?
229 Richard Ave most recently sold on Jul 20, 2021 for $166,000.
What is the current tax assessment for 229 Richard Ave?
The most recent total assessment for 229 Richard Ave (year 2025) is $89,500 with $2,307 in property tax.
How does 229 Richard Ave's assessment compare to its last sale price?
The current assessment is 46.1% below the last sale price of $166,000.
When was 229 Richard Ave built?
229 Richard Ave was built in 1963.
How does 229 Richard Ave compare to others on Richard Ave?
We track 8 other properties on Richard Ave. Browse the list under "Other properties on Richard Ave" to compare beds, baths, and sale history.
What are the property facts for 229 Richard Ave?
229 Richard Ave is a 3 bed, 2 bath, 1,402 sqft, 6,534 sqft lot single_family.
Is 229 Richard Ave a flip candidate?
No — 229 Richard Ave does not appear in our flips dataset.
Is 229 Richard Ave a tax-appeal candidate?
No — 229 Richard 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
+4.2%
Implied 1-yr
+16.8%
2026 Q3
$323.8K
2026 Q4
$334.5K
ZIP 48917 — Median Price History + Forecast

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