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505 N Grace St; Lansing, MI Property Details

505 N Grace St, Lansing, MI is a Single Family that was built in 1993. This property is currently Financed and is not for sale. Our records show that 505 N Grace St has 3 bedrooms, and 1 bathroom, and a total of 960 square feet. The lot size of 505 N Grace St is 6,534 square feet.

Off market
505 N Grace St Lansing, MI 48917
$70,000 Listing Price
3 Beds
1 Baths
960 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1993
  • Purchase Price: $70,000
  • Open Loans / Balance: 1 / $141,470
  • Est. Equity / %: $20,530 / 12.67%
  • Gross Yield: 13.689%
  • APN: 33-21-01-18-203-039
  • Situs County: Ingham
  • Length Of Ownership: 11 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Vinyl
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: C-
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 960/SqFt
  • Lot: 6,534/SqFt
  • Gross: 960/SqFt
  • Garage: 480/SqFt
  • Living: 960/SqFt
  • Basement: 960/SqFt
  • Building: 960/SqFt
  • Ground: 960/SqFt
  • Price Per Square Foot: $72.92

Legal Description

  • Description: LOT 206 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: 42.73881 / -84.58911
  • Subdivision: Michigan Heights
  • Property Class: Residential
  • Zoning: B RESID
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2951
  • Cooling: Yes
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

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

Taxes

505 N Grace St has 10 associated Taxes items

505 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 $80,900. The APN we've located for 505 N Grace St is 33-21-01-18-203-039.

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Taxes
  • Assessed Value:  $80,900
  • Assessed Year:  2026
  • Assessed County:  Ingham
  • APN:  33-21-01-18-203-039
  • Assessed Land Value:  13600
  • Market Land Value:  27200
  • Tax Amount:  1895.32
  • Tax Year:  2025
  • Market Value:  161800
  • Market Year:  2026

Tax History

505 N Grace St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $80,900 Land Value $13,600 Improvement Value $67,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,895.32 Change Rate +0.012749% Assessed CR Tax Rate
Year 2024 Assessed Value $72,000 Land Value $11,600 Improvement Value $60,400 Tax Amount $1,871.46 Change Rate +0.038356% Assessed CR Tax Rate +0.025993%
Year 2023 Assessed Value $61,600 Land Value $11,200 Improvement Value $50,400 Tax Amount $1,802.33 Change Rate +0.049954% Assessed CR Tax Rate +0.029259%
Year 2022 Assessed Value $51,600 Land Value $9,500 Improvement Value $42,100 Tax Amount $1,716.58 Change Rate -0.029819% Assessed CR Tax Rate +0.033267%
Year 2021 Assessed Value $47,700 Land Value $7,100 Improvement Value $40,600 Tax Amount $1,769.34 Change Rate +1.201959% Assessed CR Tax Rate +0.037093%
Year 2020 Assessed Value $40,300 Land Value $7,100 Improvement Value $33,200 Tax Amount $803.53 Change Rate Assessed CR Tax Rate +0.019939%
Year 2019 Assessed Value $33,200 Land Value $5,900 Improvement Value $27,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $30,100 Land Value $4,700 Improvement Value $25,400 Tax Amount $1,590.95 Change Rate +0.041463% Assessed CR Tax Rate +0.052855%
Year 2017 Assessed Value $30,100 Land Value $4,700 Improvement Value $25,400 Tax Amount $1,527.61 Change Rate Assessed CR Tax Rate +0.050751%
Year 2016 Assessed Value $26,400 Land Value $4,100 Improvement Value $22,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $26,200 Land Value $8,283 Improvement Value $17,917 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $25,400 Land Value $9,466 Improvement Value $15,934 Tax Amount Change Rate Assessed CR Tax Rate