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248 25th St

Springfield, MI 49037

1 bd 1 ba 800 sqft Built 1950 Lot 5,663 sqft single_family
Most recent sale
$122,000
Apr 3, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 3, 2024 Sold $122,000 GreaterLansingArea
Mar 9, 2024 Listed $129,000 GreaterLansingArea

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $24,412 $1,261
2021 $23,788 $933

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
800 sqft
Lot size
5,663 sqft
ZIP code
49037
City
Springfield
Street
25th St
Coordinates
42.31401, -85.22498

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
$1,200
Gross rental yield
11.80%
Implied cap rate
7.67%
Trend-extrapolated value

Frequently asked questions

When did 248 25th St last sell?
248 25th St most recently sold on Apr 3, 2024 for $122,000.
What is the current tax assessment for 248 25th St?
The most recent total assessment for 248 25th St (year 2022) is $24,412 with $1,261 in property tax.
How does 248 25th St's assessment compare to its last sale price?
The current assessment is 80.0% below the last sale price of $122,000.
When was 248 25th St built?
248 25th St was built in 1950.
How does 248 25th St compare to others on 25th St?
We track 8 other properties on 25th St. Browse the list under "Other properties on 25th St" to compare beds, baths, and sale history.
What are the property facts for 248 25th St?
248 25th St is a 1 bed, 1 bath, 800 sqft, 5,663 sqft lot single_family.
Is 248 25th St a flip candidate?
No — 248 25th St does not appear in our flips dataset.
Is 248 25th St a tax-appeal candidate?
No — 248 25th 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
+2.5%
Implied 1-yr
+10.2%
2026 Q2
$158.7K
2026 Q3
$162.2K
ZIP 49037 — Median Price History + Forecast

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