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1522 Bailey St; Lansing, MI Property Details

1522 Bailey St, Lansing, MI is a Single Family that was built in 1916. This property is currently a cash purchase and is for sale. Our records show that 1522 Bailey St has 3 bedrooms, and 1 bathroom, and a total of 1,160 square feet. The lot size of 1522 Bailey St is 3,920 square feet.

On Market for 159 days
1522 Bailey St Lansing, MI 48910
$77,900 Listing Price
3 Beds
1 Baths
1,160 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1916
  • Purchase Price: $54,000
  • Est. Equity / %: $77,000 / 100%
  • Gross Yield: 13.864%
  • APN: 33-01-01-21-431-080
  • Situs County: Ingham
  • Length Of Ownership: 4 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Porch Type: Yes
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 1,160/SqFt
  • Lot: 3,920/SqFt
  • Gross: 1,160/SqFt
  • Living: 1,160/SqFt
  • Basement: 680/SqFt
  • Building: 1,160/SqFt
  • Ground: 680/SqFt
  • Basement Unfinished: 680/SqFt
  • Price Per Square Foot: $46.55

Legal Description

  • Description: N 28 2/3 FT LOT 38 TORRANCE FARM ADD
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Lansing Public School District
  • Lat / Lon: 42.715782 / -84.54325
  • Subdivision: Torrance Farm Add
  • Property Class: Residential
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1741
  • Heating: Forced air unit

Ownership Info

1522 Bailey St has no associated ownership info
1522 Bailey St has no associated ownership info.

Taxes

1522 Bailey St has 10 associated Taxes items

1522 Bailey St, Lansing, MI pays taxes in Ingham County, MI. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $41,300. The APN we've located for 1522 Bailey St is 33-01-01-21-431-080.

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Taxes
  • Assessed Value:  $41,300
  • Assessed Year:  2026
  • Assessed County:  Ingham
  • APN:  33-01-01-21-431-080
  • Assessed Land Value:  4400
  • Market Land Value:  8800
  • Tax Amount:  2419.23
  • Tax Year:  2025
  • Market Value:  82600
  • Market Year:  2026

Tax History

1522 Bailey St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $41,300 Land Value $4,400 Improvement Value $36,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,419.23 Change Rate +0.029823% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,349.17 Change Rate +0.062151% Assessed CR Tax Rate
Year 2023 Assessed Value $26,200 Land Value $2,300 Improvement Value $23,900 Tax Amount $2,211.71 Change Rate +0.210159% Assessed CR Tax Rate +0.084416%
Year 2022 Assessed Value $24,400 Land Value $2,000 Improvement Value $22,400 Tax Amount $1,827.62 Change Rate +0.02359% Assessed CR Tax Rate +0.074902%
Year 2021 Assessed Value $21,700 Land Value $1,900 Improvement Value $19,800 Tax Amount $1,785.5 Change Rate -0.241065% Assessed CR Tax Rate +0.082281%
Year 2020 Assessed Value $20,000 Land Value $1,900 Improvement Value $18,100 Tax Amount $2,352.64 Change Rate +0.876617% Assessed CR Tax Rate +0.117632%
Year 2019 Assessed Value $18,200 Land Value $1,900 Improvement Value $16,300 Tax Amount $1,253.66 Change Rate -0.333953% Assessed CR Tax Rate +0.068882%
Year 2018 Assessed Value $14,800 Land Value $1,900 Improvement Value $12,900 Tax Amount $1,882.24 Change Rate +0.65074% Assessed CR Tax Rate +0.127178%
Year 2017 Assessed Value $14,800 Land Value $1,900 Improvement Value $12,900 Tax Amount $1,140.24 Change Rate Assessed CR Tax Rate +0.077043%
Year 2016 Assessed Value $14,500 Land Value $1,900 Improvement Value $12,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $14,200 Land Value $3,801 Improvement Value $10,399 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $14,200 Land Value $2,924 Improvement Value $11,276 Tax Amount $1,116.05 Change Rate Assessed CR Tax Rate +0.078595%