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614 Theo Ave

Lansing, MI 48917

3 bd 1 ba 1,040 sqft Built 1981 Lot 6,970 sqft single_family
Most recent sale
$120,000
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 18, 2026 Sold $180,000 GreaterLansingArea
Apr 17, 2026 Listed $165,000 GreaterLansingArea
Sep 29, 2022 Sold $120,000 MLS #267593
Aug 6, 2022 Listed $110,000 MLS #267593
Aug 18, 2005 Sold $125,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $50,800 $1,400
2020 $48,200 $2,445
2019 $44,000 $2,381
2018 $40,800 $1,810
2017 $39,500 $1,765
2011 $43,700 $1,823
2010 $50,700 $2,787
2009 $54,600 $2,988
2008 $61,200 $2,470
2007 $62,600 $2,555

Property facts

Year built
1981
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,040 sqft
Lot size
6,970 sqft
ZIP code
48917
City
Lansing
Street
Theo Ave
Coordinates
42.74004, -84.61785

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
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 614 Theo Ave last sell?
614 Theo Ave most recently sold on Sep 29, 2022 for $120,000.
What is the current tax assessment for 614 Theo Ave?
The most recent total assessment for 614 Theo Ave (year 2021) is $50,800 with $1,400 in property tax.
How does 614 Theo Ave's assessment compare to its last sale price?
The current assessment is 57.7% below the last sale price of $120,000.
When was 614 Theo Ave built?
614 Theo Ave was built in 1981.
How does 614 Theo Ave compare to others on Theo Ave?
We track 8 other properties on Theo Ave. Browse the list under "Other properties on Theo Ave" to compare beds, baths, and sale history.
What are the property facts for 614 Theo Ave?
614 Theo Ave is a 3 bed, 1 bath, 1,040 sqft, 6,970 sqft lot single_family.
Is 614 Theo Ave a flip candidate?
No — 614 Theo Ave does not appear in our flips dataset.
Is 614 Theo Ave a tax-appeal candidate?
No — 614 Theo 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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