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618 Theo Ave

Lansing, MI 48917

3 bd 1 ba 2,080 sqft Built 1981 Lot 6,970 sqft single_family
Most recent sale
$205,000
Oct 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 12, 2022 Sold $205,000 MLS #267807
Aug 22, 2022 Price changed $205,000 MLS #267807
Aug 15, 2022 Listed $215,000 MLS #267807
Jul 26, 2019 Sold $149,900 MLS #238050

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $73,500 $1,915
2020 $69,200 $3,154
2019 $59,100 $2,440
2018 $55,400 $2,399
2017 $53,800 $2,341
2011 $54,300 $2,016
2010 $57,800 $1,962
2009 $62,800 $1,958
2008 $70,500 $1,861
2007 $67,800 $1,827

Property facts

Year built
1981
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
2,080 sqft
Lot size
6,970 sqft
ZIP code
48917
City
Lansing
Street
Theo Ave
Coordinates
42.74032, -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
$1,230
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 618 Theo Ave last sell?
618 Theo Ave most recently sold on Oct 12, 2022 for $205,000.
What is the current tax assessment for 618 Theo Ave?
The most recent total assessment for 618 Theo Ave (year 2021) is $73,500 with $1,915 in property tax.
How does 618 Theo Ave's assessment compare to its last sale price?
The current assessment is 64.1% below the last sale price of $205,000.
When was 618 Theo Ave built?
618 Theo Ave was built in 1981.
How does 618 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 618 Theo Ave?
618 Theo Ave is a 3 bed, 1 bath, 2,080 sqft, 6,970 sqft lot single_family.
Is 618 Theo Ave a flip candidate?
No — 618 Theo Ave does not appear in our flips dataset.
Is 618 Theo Ave a tax-appeal candidate?
No — 618 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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