229 Thomas St
Lansing, MI 48906
3 bd 1 ba 1,010 sqft Built 1924 Lot 9,583 sqft single_family
Most recent sale
$150,000
Apr 11, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 11, 2024 | Sold | $150,000 | GreaterLansingArea |
| Mar 7, 2024 | Listed | $150,000 | GreaterLansingArea |
| Jul 3, 2023 | Sold | $62,500 | Public Record |
| Jul 29, 2016 | Sold | $31,004 | GreaterLansingArea |
| Jun 17, 2016 | Listed | $30,000 | GreaterLansingArea |
| Aug 24, 2007 | Sold | $84,694 | GreaterLansingArea |
| May 16, 2001 | Sold | $67,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $41,900 | $2,764 |
| 2021 | — | — | $38,400 | $2,700 |
| 2019 | — | — | $33,700 | $2,603 |
| 2017 | — | — | $31,100 | $2,564 |
| 2016 | — | — | $30,600 | $2,322 |
| 2015 | — | — | $29,200 | $2,577 |
| 2014 | — | — | $28,600 | $1,634 |
| 2013 | — | — | $29,100 | $1,648 |
| 2012 | — | — | $30,784 | $1,729 |
| 2011 | — | — | $34,700 | $1,746 |
| 2010 | — | — | $39,000 | $1,891 |
| 2009 | — | — | $42,900 | $2,275 |
| 2008 | — | — | $46,500 | $1,827 |
| 2007 | — | — | $46,300 | $1,494 |
Property facts
Year built
1924
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,010 sqft
Lot size
9,583 sqft
ZIP code
48906
City
Lansing
Street
Thomas St
Coordinates
42.75769, -84.55470
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,515
Gross rental yield
12.12%
Implied cap rate
7.88%
Trend-extrapolated value
—
Frequently asked questions
When did 229 Thomas St last sell?
229 Thomas St most recently sold on Apr 11, 2024 for $150,000.
What is the current tax assessment for 229 Thomas St?
The most recent total assessment for 229 Thomas St (year 2022) is $41,900 with $2,764 in property tax.
How does 229 Thomas St's assessment compare to its last sale price?
The current assessment is 72.1% below the last sale price of $150,000.
When was 229 Thomas St built?
229 Thomas St was built in 1924.
How does 229 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 229 Thomas St?
229 Thomas St is a 3 bed, 1 bath, 1,010 sqft, 9,583 sqft lot single_family.
Is 229 Thomas St a flip candidate?
Yes — 229 Thomas St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 229 Thomas St a tax-appeal candidate?
No — 229 Thomas St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.1%
Implied 1-yr
+12.4%
2026 Q3
$204K
2026 Q4
$209.3K
ZIP 48906 — Median Price History + Forecast
Explore nearby
Geography
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