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522 Richard Ave

Lansing, MI 48917

3 bd 1 ba 1,232 sqft Built 1953 Lot 10,454 sqft single_family
Most recent sale
$81,700
Jan 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 9, 2022 Sold $162,500 GreaterLansingArea
Sep 21, 2022 Price changed $167,900 MLS #268330
Sep 7, 2022 Listed $169,900 MLS #268330
Jan 12, 2022 Sold $81,700 Public Record
Jan 3, 2022 Sold $60,000 Public Record
Sep 5, 2014 Listing removed $59,000 GreaterLansingArea
Sep 2, 2014 Listed $59,000 MLS #63067
Apr 7, 2011 Listing removed $49,900 GreaterLansingArea
Apr 6, 2011 Listed $49,900 MLS #24367
Jul 8, 2009 Sold $19,000 MLS #181973
May 18, 2009 Relisted $32,000 MLS #181973
Feb 21, 2009 Listing removed $32,000 GreaterLansingArea
Feb 18, 2009 Listed $32,000 MLS #181973

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $49,700 $1,434
2020 $45,900 $2,431
2019 $44,400 $2,420
2018 $41,800 $2,384
2017 $40,000 $2,262
2011 $41,100 $2,278
2010 $43,500 $2,343
2009 $47,800 $2,566
2008 $51,500 $2,753
2007 $53,700 $2,759

Property facts

Year built
1953
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,232 sqft
Lot size
10,454 sqft
ZIP code
48917
City
Lansing
Street
Richard Ave
Coordinates
42.73930, -84.61663

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
$490
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 522 Richard Ave last sell?
522 Richard Ave most recently sold on Jan 12, 2022 for $81,700.
What is the current tax assessment for 522 Richard Ave?
The most recent total assessment for 522 Richard Ave (year 2021) is $49,700 with $1,434 in property tax.
How does 522 Richard Ave's assessment compare to its last sale price?
The current assessment is 39.2% below the last sale price of $81,700.
When was 522 Richard Ave built?
522 Richard Ave was built in 1953.
How does 522 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 522 Richard Ave?
522 Richard Ave is a 3 bed, 1 bath, 1,232 sqft, 10,454 sqft lot single_family.
Is 522 Richard Ave a flip candidate?
Yes — 522 Richard Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 522 Richard Ave a tax-appeal candidate?
No — 522 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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