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217 Thomas St

Lansing, MI 48906

3 bd 1 ba 1,033 sqft Built 1924 Lot 9,583 sqft single_family
Most recent sale
$25,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $25,000 MLS #268634
Sep 19, 2022 Listed $40,000 MLS #268634
Jul 14, 2017 Listed $68,000 MLS #218100

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $40,700 $2,797
2020 $38,900 $4,345
2019 $35,700 $4,419
2018 $32,800 $3,518
2017 $32,000 $2,311
2016 $31,500 $3,410
2015 $30,000 $2,250
2014 $29,200 $6,143
2013 $29,800 $1,497
2012 $31,576 $1,456
2011 $35,700 $1,276
2010 $40,200 $1,216
2009 $44,300 $1,219
2008 $48,100 $927

Property facts

Year built
1924
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,033 sqft
Lot size
9,583 sqft
ZIP code
48906
City
Lansing
Street
Thomas St
Coordinates
42.75769, -84.55421

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
$150
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 217 Thomas St last sell?
217 Thomas St most recently sold on Oct 14, 2022 for $25,000.
What is the current tax assessment for 217 Thomas St?
The most recent total assessment for 217 Thomas St (year 2021) is $40,700 with $2,797 in property tax.
How does 217 Thomas St's assessment compare to its last sale price?
The current assessment is 62.8% above the last sale price of $25,000.
When was 217 Thomas St built?
217 Thomas St was built in 1924.
How does 217 Thomas St compare to others on Thomas St?
We track 8 other properties on Thomas St. Browse the list under "Other properties on Thomas St" to compare beds, baths, and sale history.
What are the property facts for 217 Thomas St?
217 Thomas St is a 3 bed, 1 bath, 1,033 sqft, 9,583 sqft lot single_family.
Is 217 Thomas St a flip candidate?
No — 217 Thomas St does not appear in our flips dataset.
Is 217 Thomas St a tax-appeal candidate?
Yes — 217 Thomas St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.1%
Implied 1-yr
+12.4%
2026 Q3
$204K
2026 Q4
$209.3K
ZIP 48906 — Median Price History + Forecast

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