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502 N Foster Ave; Lansing, MI Property Details

502 N Foster Ave, Lansing, MI is a Single Family that was built in 1928. This property is currently Financed and is not for sale. Our records show that 502 N Foster Ave has 2 bedrooms, and 1 bathroom, and a total of 704 square feet. The lot size of 502 N Foster Ave is 3,049 square feet.

Off market
502 N Foster Ave Lansing, MI 48912
$96,000 Listing Price
2 Beds
1 Baths
704 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1928
  • Purchase Price: $96,000
  • Open Loans / Balance: 1 / $89,996
  • Est. Equity / %: $32,004 / 26.23%
  • Gross Yield: 13.544%
  • APN: 33-01-01-14-126-231
  • Situs County: Ingham
  • Length Of Ownership: 3 years, 7 months

Rooms

  • Bedrooms: 2
  • 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: 704/SqFt
  • Lot: 3,049/SqFt
  • Gross: 704/SqFt
  • Garage: 192/SqFt
  • Living: 704/SqFt
  • Basement: 704/SqFt
  • Building: 704/SqFt
  • Ground: 704/SqFt
  • Garage Unfinished: 192/SqFt
  • Basement Unfinished: 704/SqFt
  • Price Per Square Foot: $136.36

Legal Description

  • Description: W 90 FT LOT 250 FOSTER FARM
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: 42.738647 / -84.517365
  • Subdivision: Foster Farm
  • Property Class: Residential
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4209
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $300
  • H O A Amount: $300
  • H O A One Frequency: Monthly
  • H O A One Name: Fairfield Place Condominium Assoc
  • H O A One Type: Home Owner Association

Ownership Info

502 N Foster Ave has no associated ownership info
502 N Foster Ave has no associated ownership info.

Taxes

502 N Foster Ave has 10 associated Taxes items

502 N Foster Ave, 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 $45,800. The APN we've located for 502 N Foster Ave is 33-01-01-14-126-231.

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Taxes
  • Assessed Value:  $45,800
  • Assessed Year:  2026
  • Assessed County:  Ingham
  • APN:  33-01-01-14-126-231
  • Assessed Land Value:  3100
  • Market Land Value:  6200
  • Tax Amount:  2700.24
  • Tax Year:  2025
  • Market Value:  91600
  • Market Year:  2026

Tax History

502 N Foster Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $45,800 Land Value $3,100 Improvement Value $42,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,700.24 Change Rate +0.030134% Assessed CR Tax Rate
Year 2024 Assessed Value $41,000 Land Value $4,900 Improvement Value $36,100 Tax Amount $2,621.25 Change Rate +0.066242% Assessed CR Tax Rate +0.063933%
Year 2023 Assessed Value $37,600 Land Value $4,900 Improvement Value $32,700 Tax Amount $2,458.4 Change Rate +0.246116% Assessed CR Tax Rate +0.065383%
Year 2022 Assessed Value $32,100 Land Value $4,100 Improvement Value $28,000 Tax Amount $1,972.85 Change Rate +0.023602% Assessed CR Tax Rate +0.06146%
Year 2021 Assessed Value $29,900 Land Value $4,100 Improvement Value $25,800 Tax Amount $1,927.36 Change Rate +0.007233% Assessed CR Tax Rate +0.06446%
Year 2020 Assessed Value $28,300 Land Value $4,100 Improvement Value $24,200 Tax Amount $1,913.52 Change Rate +0.035785% Assessed CR Tax Rate +0.067616%
Year 2019 Assessed Value $27,100 Land Value $4,100 Improvement Value $23,000 Tax Amount $1,847.41 Change Rate +0.072075% Assessed CR Tax Rate +0.06817%
Year 2018 Assessed Value $25,000 Land Value $4,100 Improvement Value $20,900 Tax Amount $1,723.21 Change Rate +0.000645% Assessed CR Tax Rate +0.068928%
Year 2017 Assessed Value $25,000 Land Value $4,100 Improvement Value $20,900 Tax Amount $1,722.1 Change Rate Assessed CR Tax Rate +0.068884%
Year 2016 Assessed Value $22,700 Land Value $4,100 Improvement Value $18,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $21,700 Land Value $8,237 Improvement Value $13,463 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $21,200 Land Value $5,766 Improvement Value $15,434 Tax Amount $1,619.65 Change Rate Assessed CR Tax Rate +0.076399%