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1116 Walnut St

Lansing, MI 48906

4 bd 2 ba 1,608 sqft Built 1914 Lot 13,068 sqft single_family
Most recent sale
$42,000
May 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 12, 2022 Sold $42,000 MLS #264486
Apr 29, 2022 Listed $39,900 MLS #264486
Jun 6, 2018 Sold $14,250 MLS #224140
Apr 6, 2018 Relisted $15,000 MLS #224140
Apr 4, 2018 Listing removed $15,000 GreaterLansingArea
Mar 14, 2018 Listed $15,000 MLS #224140

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $41,900 $3,143
2020 $38,200 $5,245
2019 $36,800 $3,405
2018 $35,100 $2,740
2017 $34,000 $12,005
2016 $33,400 $1,818
2015 $32,400 $1,782
2014 $30,900 $2,947
2013 $31,800 $1,762
2012 $35,337 $1,714
2011 $39,600 $1,504
2010 $45,100 $1,508
2009 $49,900 $1,512
2008 $54,500 $1,102

Property facts

Year built
1914
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,608 sqft
Lot size
13,068 sqft
ZIP code
48906
City
Lansing
Street
Walnut St
Coordinates
42.74672, -84.55640

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$252
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1116 Walnut St last sell?
1116 Walnut St most recently sold on May 12, 2022 for $42,000.
What is the current tax assessment for 1116 Walnut St?
The most recent total assessment for 1116 Walnut St (year 2021) is $41,900 with $3,143 in property tax.
How does 1116 Walnut St's assessment compare to its last sale price?
The current assessment is 0.2% below the last sale price of $42,000.
When was 1116 Walnut St built?
1116 Walnut St was built in 1914.
How does 1116 Walnut St compare to others on Walnut St?
We track 8 other properties on Walnut St. Browse the list under "Other properties on Walnut St" to compare beds, baths, and sale history.
What are the property facts for 1116 Walnut St?
1116 Walnut St is a 4 bed, 2 bath, 1,608 sqft, 13,068 sqft lot single_family.
Is 1116 Walnut St a flip candidate?
No — 1116 Walnut St does not appear in our flips dataset.
Is 1116 Walnut St a tax-appeal candidate?
No — 1116 Walnut 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
+3.1%
Implied 1-yr
+12.4%
2026 Q3
$204K
2026 Q4
$209.3K
ZIP 48906 — Median Price History + Forecast

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