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242 N Grace St; Lansing, MI Property Details

242 N Grace St, Lansing, MI is a Single Family that was built in 1948. This property is currently a cash purchase and is not for sale. Our records show that 242 N Grace St has 1 bedroom, and 1 bathroom, and a total of 512 square feet. The lot size of 242 N Grace St is 3,920 square feet.

Off market
242 N Grace St Lansing, MI 48917
$30,200 Estimated Value
1 Beds
1 Baths
512 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1948
  • Purchase Price: $18,000
  • Est. Equity / %: $73,000 / 100%
  • Gross Yield: 14.153%
  • APN: 33-21-01-18-254-004
  • Situs County: Ingham
  • Length Of Ownership: 4 years, 4 months

Rooms

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

Structure

  • Building Style: Frame
  • Floor Cover Type: Vinyl
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Porch Type: Yes
  • Roof Cover Type: Asphalt

Measurements

  • Total: 512/SqFt
  • Lot: 3,920/SqFt
  • Gross: 512/SqFt
  • Living: 512/SqFt
  • Building: 512/SqFt
  • Ground: 512/SqFt
  • Price Per Square Foot: $35.16

Legal Description

  • Description: N 3 FT OF LOT 145 S 28 FT OF LOT 146 MICHIGAN HEIGHTS
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Waverly Community Schools
  • Lat / Lon: 42.7362 / -84.58851
  • Subdivision: Michigan Heights
  • Property Class: Residential
  • Zoning: B RESID
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4908
  • Heating: Forced air unit

Ownership Info

242 N Grace St has no associated ownership info
242 N Grace St has no associated ownership info.

Taxes

242 N Grace St has 10 associated Taxes items

242 N Grace 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 $30,200. The APN we've located for 242 N Grace St is 33-21-01-18-254-004.

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Taxes
  • Assessed Value:  $30,200
  • Assessed Year:  2026
  • Assessed County:  Ingham
  • APN:  33-21-01-18-254-004
  • Assessed Land Value:  9300
  • Market Land Value:  18600
  • Tax Amount:  645.53
  • Tax Year:  2025
  • Market Value:  60400
  • Market Year:  2026

Tax History

242 N Grace St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $30,200 Land Value $9,300 Improvement Value $20,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $645.53 Change Rate +0.013343% Assessed CR Tax Rate
Year 2024 Assessed Value $26,200 Land Value $7,900 Improvement Value $18,300 Tax Amount $637.03 Change Rate +0.038354% Assessed CR Tax Rate +0.024314%
Year 2023 Assessed Value $22,600 Land Value $7,700 Improvement Value $14,900 Tax Amount $613.5 Change Rate +0.05037% Assessed CR Tax Rate +0.027146%
Year 2022 Assessed Value $18,700 Land Value $6,500 Improvement Value $12,200 Tax Amount $584.08 Change Rate -0.09892% Assessed CR Tax Rate +0.031234%
Year 2021 Assessed Value $17,400 Land Value $4,800 Improvement Value $12,600 Tax Amount $648.2 Change Rate +1.373055% Assessed CR Tax Rate +0.037253%
Year 2020 Assessed Value $14,200 Land Value $4,800 Improvement Value $9,400 Tax Amount $273.15 Change Rate Assessed CR Tax Rate +0.019236%
Year 2019 Assessed Value $11,800 Land Value $4,000 Improvement Value $7,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $10,000 Land Value $3,200 Improvement Value $6,800 Tax Amount $587.25 Change Rate +0.0387% Assessed CR Tax Rate +0.058725%
Year 2017 Assessed Value $10,000 Land Value $3,200 Improvement Value $6,800 Tax Amount $565.37 Change Rate Assessed CR Tax Rate +0.056537%
Year 2016 Assessed Value $8,800 Land Value $2,800 Improvement Value $6,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $7,600 Land Value $5,650 Improvement Value $1,950 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $7,700 Land Value $6,458 Improvement Value $1,242 Tax Amount Change Rate Assessed CR Tax Rate