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1280 Lester Ave

Ypsilanti, MI 48198

4 bd 2 ba 1,248 sqft Built 1955 Lot 6,534 sqft single_family
Most recent sale
$199,900
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $199,900 Public Record
Sep 19, 2022 Sold $199,900 MLS #3289403
Aug 4, 2022 Price changed $199,900 MLS #3289403
Jul 7, 2022 Listed $229,900 MLS #3289403
Nov 3, 1995 Sold $79,450 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2016 $48,600 $2,427
2015 $40,200 $2,370
2014 $36,100 $2,296
2013 $38,100 $1,685
2012 $41,900 $1,767
2011 $43,100 $1,806
2010 $45,500 $1,878
2009 $50,600 $1,847
2008 $65,300 $1,190

Property facts

Year built
1955
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,248 sqft
Lot size
6,534 sqft
ZIP code
48198
City
Ypsilanti
Street
Lester Ave
Coordinates
42.22607, -83.58327

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
$1,872
Gross rental yield
11.24%
Implied cap rate
7.30%
Trend-extrapolated value

Frequently asked questions

When did 1280 Lester Ave last sell?
1280 Lester Ave most recently sold on Sep 30, 2022 for $199,900.
What is the current tax assessment for 1280 Lester Ave?
The most recent total assessment for 1280 Lester Ave (year 2016) is $48,600 with $2,427 in property tax.
How does 1280 Lester Ave's assessment compare to its last sale price?
The current assessment is 75.7% below the last sale price of $199,900.
When was 1280 Lester Ave built?
1280 Lester Ave was built in 1955.
How does 1280 Lester Ave compare to others on Lester Ave?
We track 8 other properties on Lester Ave. Browse the list under "Other properties on Lester Ave" to compare beds, baths, and sale history.
What are the property facts for 1280 Lester Ave?
1280 Lester Ave is a 4 bed, 2 bath, 1,248 sqft, 6,534 sqft lot single_family.
Is 1280 Lester Ave a flip candidate?
No — 1280 Lester Ave does not appear in our flips dataset.
Is 1280 Lester Ave a tax-appeal candidate?
No — 1280 Lester Ave 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
-0.4%
Implied 1-yr
-1.6%
2026 Q3
$229.1K
2026 Q4
$228.1K
ZIP 48198 — Median Price History + Forecast

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