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1981 State Rd

Lansing, MI 48906

2 bd 1 ba 1,222 sqft Built 1950 Lot 18,295 sqft single_family
Most recent sale
$129,900
Oct 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 21, 2022 Sold $129,900 MLS #268255
Sep 1, 2022 Listed $129,900 MLS #268255

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $44,000 $874
2020 $42,100 $1,314
2019 $42,100 $1,255
2018 $39,200 $1,122
2017 $37,800 $1,090
2016 $36,300 $1,074
2014 $32,500 $1,332
2013 $32,900 $1,029
2009 $40,400 $1,087
2008 $51,100 $1,189
2006 $31,600 $17,000 $48,600 $1,326

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,222 sqft
Lot size
18,295 sqft
ZIP code
48906
City
Lansing
Street
State Rd
Coordinates
42.78401, -84.56187

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$779
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1981 State Rd last sell?
1981 State Rd most recently sold on Oct 21, 2022 for $129,900.
What is the current tax assessment for 1981 State Rd?
The most recent total assessment for 1981 State Rd (year 2021) is $44,000 with $874 in property tax.
How does 1981 State Rd's assessment compare to its last sale price?
The current assessment is 66.1% below the last sale price of $129,900.
When was 1981 State Rd built?
1981 State Rd was built in 1950.
How does 1981 State Rd compare to others on State Rd?
We track 8 other properties on State Rd. Browse the list under "Other properties on State Rd" to compare beds, baths, and sale history.
What are the property facts for 1981 State Rd?
1981 State Rd is a 2 bed, 1 bath, 1,222 sqft, 18,295 sqft lot single_family.
Is 1981 State Rd a flip candidate?
No — 1981 State Rd does not appear in our flips dataset.
Is 1981 State Rd a tax-appeal candidate?
No — 1981 State Rd 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
+4.4%
Implied 1-yr
+17.7%
2026 Q3
$199.7K
2026 Q4
$206.5K
ZIP 48906 — Median Price History + Forecast

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