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503 E Thomas St; Lansing, MI Property Details

503 E Thomas St, Lansing, MI is a Single Family that was built in 1929. This property is not for sale. Our records show that 503 E Thomas St has 1 bathroom, and a total of 864 square feet. The lot size of 503 E Thomas St is 15,246 square feet.

Off market
503 E Thomas St Lansing, MI 48906
$55,800 Estimated Value
1 Baths
864 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1929
  • Purchase Price: $56,000
  • Open Loans / Balance: 2 / $90,381
  • Est. Equity / %: $28,619 / 24.05%
  • Gross Yield: 17.627%
  • APN: 33-01-01-04-426-122
  • Situs County: Ingham
  • Length Of Ownership: 27 years, 8 months

Rooms

  • 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: 864/SqFt
  • Lot: 15,246/SqFt
  • Gross: 864/SqFt
  • Garage: 480/SqFt
  • Living: 864/SqFt
  • Basement: 864/SqFt
  • Building: 864/SqFt
  • Ground: 864/SqFt
  • Garage Unfinished: 480/SqFt
  • Basement Unfinished: 864/SqFt
  • Price Per Square Foot: $64.81

Legal Description

  • Description: LOTS 16, 17, & 18 PAYNTERS HEIGHTS 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: 42.758347 / -84.54531
  • Subdivision: Paynters Heights Sub
  • Property Class: Residential
  • Zoning: A-1 RES
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4149
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

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

Taxes

503 E Thomas St has 10 associated Taxes items

503 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 $55,800. The APN we've located for 503 E Thomas St is 33-01-01-04-426-122.

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Taxes
  • Assessed Value:  $55,800
  • Assessed Year:  2026
  • Assessed County:  Ingham
  • APN:  33-01-01-04-426-122
  • Assessed Land Value:  14000
  • Market Land Value:  28000
  • Tax Amount:  2599.9
  • Tax Year:  2025
  • Market Value:  111600
  • Market Year:  2026

Tax History

503 E Thomas St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $55,800 Land Value $14,000 Improvement Value $41,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,599.9 Change Rate +0.030092% Assessed CR Tax Rate
Year 2024 Assessed Value $49,800 Land Value $14,000 Improvement Value $35,800 Tax Amount $2,523.95 Change Rate +0.066145% Assessed CR Tax Rate +0.050682%
Year 2023 Assessed Value $45,800 Land Value $14,000 Improvement Value $31,800 Tax Amount $2,367.36 Change Rate +0.108413% Assessed CR Tax Rate +0.051689%
Year 2022 Assessed Value $42,100 Land Value $12,600 Improvement Value $29,500 Tax Amount $2,135.81 Change Rate +0.021156% Assessed CR Tax Rate +0.050732%
Year 2021 Assessed Value $40,300 Land Value $12,600 Improvement Value $27,700 Tax Amount $2,091.56 Change Rate +0.006259% Assessed CR Tax Rate +0.0519%
Year 2020 Assessed Value $38,000 Land Value $12,600 Improvement Value $25,400 Tax Amount $2,078.55 Change Rate -0.403708% Assessed CR Tax Rate +0.054699%
Year 2019 Assessed Value $34,000 Land Value $12,600 Improvement Value $21,400 Tax Amount $3,485.79 Change Rate +0.201425% Assessed CR Tax Rate +0.102523%
Year 2018 Assessed Value $32,600 Land Value $12,600 Improvement Value $20,000 Tax Amount $2,901.38 Change Rate +0.174966% Assessed CR Tax Rate +0.088999%
Year 2017 Assessed Value $32,600 Land Value $12,600 Improvement Value $20,000 Tax Amount $2,469.33 Change Rate Assessed CR Tax Rate +0.075746%
Year 2016 Assessed Value $32,200 Land Value $12,600 Improvement Value $19,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $31,300 Land Value $25,174 Improvement Value $6,126 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $30,800 Land Value $25,174 Improvement Value $5,626 Tax Amount $1,709.47 Change Rate Assessed CR Tax Rate +0.055502%