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225 E Thomas St; Lansing, MI Property Details

225 E Thomas St, Lansing, MI is a Single Family that was built in 1923. This property is currently a cash purchase and is not for sale. Our records show that 225 E Thomas St has 2 bedrooms, and 1 bathroom, and a total of 829 square feet. The lot size of 225 E Thomas St is 8,276 square feet.

Off market
225 E Thomas St Lansing, MI 48906
$24,900 Listing Price
2 Beds
1 Baths
829 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1923
  • Purchase Price: $13,000
  • Open Loans / Balance: 1 / $28,908
  • Est. Equity / %: $101,092 / 77.76%
  • Gross Yield: 15.582%
  • APN: 33-01-01-04-452-061
  • Situs County: Ingham
  • Length Of Ownership: 14 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Linoleum
  • 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: 829/SqFt
  • Lot: 8,276/SqFt
  • Gross: 829/SqFt
  • Garage: 280/SqFt
  • Living: 829/SqFt
  • Basement: 725/SqFt
  • Building: 829/SqFt
  • Ground: 829/SqFt
  • Garage Unfinished: 280/SqFt
  • Basement Unfinished: 725/SqFt
  • Price Per Square Foot: $15.68

Legal Description

  • Description: LOT 114 & E 1/2 LOT 115 NORTH GARDENS SUB
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: 42.758198 / -84.55073
  • Subdivision: North Gardens Sub
  • Property Class: Residential
  • Zoning: A-1 RES
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4048
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

225 E Thomas St has no associated ownership info
225 E Thomas St has no associated ownership info.

Taxes

225 E Thomas St has 10 associated Taxes items

225 E Thomas 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 $49,400. The APN we've located for 225 E Thomas St is 33-01-01-04-452-061.

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Taxes
  • Assessed Value:  $49,400
  • Assessed Year:  2026
  • Assessed County:  Ingham
  • APN:  33-01-01-04-452-061
  • Assessed Land Value:  6200
  • Market Land Value:  12400
  • Tax Amount:  3837.93
  • Tax Year:  2025
  • Market Value:  98800
  • Market Year:  2026

Tax History

225 E Thomas St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $49,400 Land Value $6,200 Improvement Value $43,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,837.93 Change Rate +0.346595% Assessed CR Tax Rate
Year 2024 Assessed Value $40,900 Land Value $6,600 Improvement Value $34,300 Tax Amount $2,850.1 Change Rate +0.383886% Assessed CR Tax Rate +0.069685%
Year 2023 Assessed Value $35,800 Land Value $6,600 Improvement Value $29,200 Tax Amount $2,059.49 Change Rate +0.10767% Assessed CR Tax Rate +0.057528%
Year 2022 Assessed Value $36,000 Land Value $8,800 Improvement Value $27,200 Tax Amount $1,859.3 Change Rate +0.021094% Assessed CR Tax Rate +0.051647%
Year 2021 Assessed Value $34,400 Land Value $8,300 Improvement Value $26,100 Tax Amount $1,820.89 Change Rate +0.006361% Assessed CR Tax Rate +0.052933%
Year 2020 Assessed Value $33,700 Land Value $8,300 Improvement Value $25,400 Tax Amount $1,809.38 Change Rate -0.401325% Assessed CR Tax Rate +0.053691%
Year 2019 Assessed Value $32,400 Land Value $8,300 Improvement Value $24,100 Tax Amount $3,022.31 Change Rate +0.207176% Assessed CR Tax Rate +0.093281%
Year 2018 Assessed Value $28,000 Land Value $8,300 Improvement Value $19,700 Tax Amount $2,503.62 Change Rate -0.102954% Assessed CR Tax Rate +0.089415%
Year 2017 Assessed Value $28,000 Land Value $8,300 Improvement Value $19,700 Tax Amount $2,790.96 Change Rate Assessed CR Tax Rate +0.099677%
Year 2016 Assessed Value $27,600 Land Value $8,300 Improvement Value $19,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $26,300 Land Value $16,630 Improvement Value $9,670 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $26,000 Land Value $17,590 Improvement Value $8,410 Tax Amount $2,695.91 Change Rate Assessed CR Tax Rate +0.103689%