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306 W Thomas St; Lansing, MI Property Details

306 W Thomas St, Lansing, MI is a Single Family that was built in 1922. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 306 W Thomas St has 2 bedrooms, and 1 bathroom, and a total of 704 square feet. The lot size of 306 W Thomas St is 5,227 square feet.

Off market
306 W Thomas St Lansing, MI 48906
$47,600 Estimated Value
2 Beds
1 Baths
704 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1922
  • Purchase Price: $25,000
  • Open Loans / Balance: 1 / $32,940
  • Est. Equity / %: $91,060 / 73.44%
  • Gross Yield: 16.132%
  • APN: 33-01-01-04-376-032
  • Situs County: Ingham
  • Length Of Ownership: 18 years, 1 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

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

Measurements

  • Total: 704/SqFt
  • Lot: 5,227/SqFt
  • Gross: 704/SqFt
  • Garage: 720/SqFt
  • Living: 704/SqFt
  • Basement: 560/SqFt
  • Building: 704/SqFt
  • Ground: 704/SqFt
  • Garage Unfinished: 720/SqFt
  • Basement Unfinished: 560/SqFt
  • Price Per Square Foot: $35.51

Legal Description

  • Description: W 1/2 LOT 25 & E 6 FT LOT 24 FAIRHAVEN 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: 42.75821 / -84.555916
  • Subdivision: Fairhaven Sub
  • Property Class: Residential
  • Zoning: A-1 RES
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2959
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 3

Ownership Info

306 W Thomas St has no associated ownership info
306 W Thomas St has no associated ownership info.

Taxes

306 W Thomas St has 10 associated Taxes items

306 W 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 $47,600. The APN we've located for 306 W Thomas St is 33-01-01-04-376-032.

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Taxes
  • Assessed Value:  $47,600
  • Assessed Year:  2026
  • Assessed County:  Ingham
  • APN:  33-01-01-04-376-032
  • Assessed Land Value:  4200
  • Market Land Value:  8400
  • Tax Amount:  1807.95
  • Tax Year:  2025
  • Market Value:  95200
  • Market Year:  2026

Tax History

306 W Thomas St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $47,600 Land Value $4,200 Improvement Value $43,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,807.95 Change Rate +0.029391% Assessed CR Tax Rate
Year 2024 Assessed Value $36,700 Land Value $4,500 Improvement Value $32,200 Tax Amount $1,756.33 Change Rate +0.065165% Assessed CR Tax Rate +0.047856%
Year 2023 Assessed Value $33,400 Land Value $4,500 Improvement Value $28,900 Tax Amount $1,648.88 Change Rate +0.106297% Assessed CR Tax Rate +0.049368%
Year 2022 Assessed Value $31,500 Land Value $6,000 Improvement Value $25,500 Tax Amount $1,490.45 Change Rate +0.021017% Assessed CR Tax Rate +0.047316%
Year 2021 Assessed Value $28,100 Land Value $4,500 Improvement Value $23,600 Tax Amount $1,459.77 Change Rate +0.006564% Assessed CR Tax Rate +0.051949%
Year 2020 Assessed Value $27,100 Land Value $4,500 Improvement Value $22,600 Tax Amount $1,450.25 Change Rate +0.044909% Assessed CR Tax Rate +0.053515%
Year 2019 Assessed Value $24,900 Land Value $4,500 Improvement Value $20,400 Tax Amount $1,387.92 Change Rate -0.296572% Assessed CR Tax Rate +0.05574%
Year 2018 Assessed Value $22,400 Land Value $4,500 Improvement Value $17,900 Tax Amount $1,973.08 Change Rate -0.111045% Assessed CR Tax Rate +0.088084%
Year 2017 Assessed Value $22,400 Land Value $4,500 Improvement Value $17,900 Tax Amount $2,219.55 Change Rate Assessed CR Tax Rate +0.099087%
Year 2016 Assessed Value $22,000 Land Value $4,500 Improvement Value $17,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $21,000 Land Value $9,031 Improvement Value $11,969 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $20,400 Land Value $9,584 Improvement Value $10,816 Tax Amount $2,135.56 Change Rate Assessed CR Tax Rate +0.104684%