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605 Richard Ave

Lansing, MI 48917

3 bd 1 ba 1,072 sqft Built 1953 Lot 6,534 sqft single_family
Most recent sale
$155,000
Jun 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 14, 2022 Sold $155,000 MLS #264653
May 5, 2022 Listed $129,000 MLS #264653
Sep 14, 2016 Sold $65,000 MLS #81955
Jul 19, 2016 Price changed $69,900 MLS #81955
May 24, 2016 Listed $75,000 MLS #81955
May 13, 2016 Listing removed $75,000 GreaterLansingArea
Apr 1, 2016 Price changed $78,000 MLS #76748
Feb 25, 2016 Price changed $75,000 MLS #76748
Nov 13, 2015 Listed $84,900 MLS #76748
Aug 25, 2015 Sold $50,000 MLS #69600
Jun 10, 2015 Price changed $59,900 MLS #69600
May 7, 2015 Price changed $69,900 MLS #69600
Apr 23, 2015 Listed $82,900 MLS #69600
May 2, 2013 Listing removed $59,900 GreaterLansingArea
Mar 11, 2013 Price changed $59,900 MLS #43584
Dec 28, 2012 Listed $69,900 MLS #43584

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $54,400 $1,267
2020 $49,800 $2,043
2019 $47,900 $2,006
2018 $45,300 $1,973
2017 $43,000 $1,929
2011 $44,200 $1,788
2010 $46,900 $1,876
2009 $50,900 $2,025
2008 $55,800 $2,203
2007 $58,100 $2,223

Property facts

Year built
1953
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,072 sqft
Lot size
6,534 sqft
ZIP code
48917
City
Lansing
Street
Richard Ave
Coordinates
42.73960, -84.61735

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,608
Gross rental yield
12.45%
Implied cap rate
8.09%
Trend-extrapolated value

Frequently asked questions

When did 605 Richard Ave last sell?
605 Richard Ave most recently sold on Jun 14, 2022 for $155,000.
What is the current tax assessment for 605 Richard Ave?
The most recent total assessment for 605 Richard Ave (year 2021) is $54,400 with $1,267 in property tax.
How does 605 Richard Ave's assessment compare to its last sale price?
The current assessment is 64.9% below the last sale price of $155,000.
When was 605 Richard Ave built?
605 Richard Ave was built in 1953.
How does 605 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 605 Richard Ave?
605 Richard Ave is a 3 bed, 1 bath, 1,072 sqft, 6,534 sqft lot single_family.
Is 605 Richard Ave a flip candidate?
No — 605 Richard Ave does not appear in our flips dataset.
Is 605 Richard Ave a tax-appeal candidate?
No — 605 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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