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247 Thomas St

Lansing, MI 48906

3 bd 1 ba 1,109 sqft Built 1924 Lot 5,663 sqft single_family
Most recent sale
$110,000
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 23, 2022 Sold $110,000 MLS #266024
Jul 17, 2022 Price changed $109,900 MLS #266024
Jun 16, 2022 Listed $115,000 MLS #266024

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $35,400 $1,930
2020 $34,900 $2,371
2019 $33,400 $2,278
2018 $27,600 $2,149
2017 $26,500 $2,205
2016 $26,100 $1,444
2015 $24,800 $1,416
2014 $24,200 $1,397
2013 $24,200 $1,387
2012 $25,340 $1,440
2011 $28,300 $1,382
2010 $31,200 $1,316
2009 $33,900 $1,320
2008 $36,300 $1,008

Property facts

Year built
1924
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,109 sqft
Lot size
5,663 sqft
ZIP code
48906
City
Lansing
Street
Thomas St
Coordinates
42.75821, -84.54976

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
$660
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 247 Thomas St last sell?
247 Thomas St most recently sold on Sep 23, 2022 for $110,000.
What is the current tax assessment for 247 Thomas St?
The most recent total assessment for 247 Thomas St (year 2021) is $35,400 with $1,930 in property tax.
How does 247 Thomas St's assessment compare to its last sale price?
The current assessment is 67.8% below the last sale price of $110,000.
When was 247 Thomas St built?
247 Thomas St was built in 1924.
How does 247 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 247 Thomas St?
247 Thomas St is a 3 bed, 1 bath, 1,109 sqft, 5,663 sqft lot single_family.
Is 247 Thomas St a flip candidate?
No — 247 Thomas St does not appear in our flips dataset.
Is 247 Thomas St a tax-appeal candidate?
No — 247 Thomas St 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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