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1220 Walnut St

Lansing, MI 48906

3 bd 2 ba 1,232 sqft Built 1912 Lot 5,663 sqft single_family
Most recent sale
$111,500
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 20, 2022 Price changed for rent $1,350 Avail
Sep 19, 2022 Listed for rent $1,400 Avail
Aug 8, 2022 Sold $111,500 MLS #266506
Jul 5, 2022 Listed $109,900 MLS #266506

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $30,300 $1,235
2020 $27,900 $1,617
2019 $26,800 $1,559
2018 $26,200 $1,453
2017 $25,300 $1,391
2016 $24,900 $1,374
2015 $24,100 $1,348
2014 $24,300 $1,330
2013 $24,900 $1,300
2012 $27,319 $1,265
2011 $30,300 $1,107
2010 $34,200 $1,055
2009 $37,600 $1,058
2008 $40,800 $797

Property facts

Year built
1912
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,232 sqft
Lot size
5,663 sqft
ZIP code
48906
City
Lansing
Street
Walnut St
Coordinates
42.74820, -84.55637

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
$669
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1220 Walnut St last sell?
1220 Walnut St most recently sold on Aug 8, 2022 for $111,500.
What is the current tax assessment for 1220 Walnut St?
The most recent total assessment for 1220 Walnut St (year 2021) is $30,300 with $1,235 in property tax.
How does 1220 Walnut St's assessment compare to its last sale price?
The current assessment is 72.8% below the last sale price of $111,500.
When was 1220 Walnut St built?
1220 Walnut St was built in 1912.
How does 1220 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 1220 Walnut St?
1220 Walnut St is a 3 bed, 2 bath, 1,232 sqft, 5,663 sqft lot single_family.
Is 1220 Walnut St a flip candidate?
No — 1220 Walnut St does not appear in our flips dataset.
Is 1220 Walnut St a tax-appeal candidate?
No — 1220 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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