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507 N Grace St; Lansing, MI Property Details

507 N Grace St, 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 507 N Grace St has 1 bedroom, and 1 bathroom, and a total of 432 square feet. The lot size of 507 N Grace St is 5,227 square feet.

Off market
507 N Grace St Lansing, MI 48917
$45,000 Listing Price
1 Beds
1 Baths
432 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1928
  • Purchase Price: $45,000
  • Open Loans / Balance: 2 / $47,646
  • Est. Equity / %: $26,354 / 35.61%
  • Gross Yield: 14.303%
  • APN: 33-21-01-18-203-038
  • Situs County: Ingham
  • Length Of Ownership: 4 years, 2 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: Fair
  • Building Quality: D
  • Roof Type: Gable
  • Porch Type: Yes
  • Roof Cover Type: Asphalt

Measurements

  • Total: 432/SqFt
  • Lot: 5,227/SqFt
  • Gross: 432/SqFt
  • Garage: 320/SqFt
  • Living: 432/SqFt
  • Building: 432/SqFt
  • Ground: 432/SqFt
  • Price Per Square Foot: $104.17

Legal Description

  • Description: LOT 205 MICHIGAN HEIGHTS SUB
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: 42.738895 / -84.58909
  • Subdivision: Michigan Heights
  • Property Class: Residential
  • Zoning: B RESID
  • County Use Code: 401

Amenities

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

Ownership Info

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

Taxes

507 N Grace St has 10 associated Taxes items

507 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 $30,800. The APN we've located for 507 N Grace St is 33-21-01-18-203-038.

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Taxes
  • Assessed Value:  $30,800
  • Assessed Year:  2026
  • Assessed County:  Ingham
  • APN:  33-21-01-18-203-038
  • Assessed Land Value:  10900
  • Market Land Value:  21800
  • Tax Amount:  1853.97
  • Tax Year:  2025
  • Market Value:  61600
  • Market Year:  2026

Tax History

507 N Grace St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $30,800 Land Value $10,900 Improvement Value $19,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,853.97 Change Rate +0.007587% Assessed CR Tax Rate
Year 2024 Assessed Value $26,700 Land Value $9,300 Improvement Value $17,400 Tax Amount $1,840.01 Change Rate +0.097027% Assessed CR Tax Rate +0.068914%
Year 2023 Assessed Value $23,300 Land Value $9,000 Improvement Value $14,300 Tax Amount $1,677.27 Change Rate +1.6897% Assessed CR Tax Rate +0.071986%
Year 2022 Assessed Value $19,300 Land Value $7,600 Improvement Value $11,700 Tax Amount $623.59 Change Rate -0.092841% Assessed CR Tax Rate +0.03231%
Year 2021 Assessed Value $18,100 Land Value $5,700 Improvement Value $12,400 Tax Amount $687.41 Change Rate +1.35608% Assessed CR Tax Rate +0.037978%
Year 2020 Assessed Value $14,600 Land Value $5,700 Improvement Value $8,900 Tax Amount $291.76 Change Rate Assessed CR Tax Rate +0.019984%
Year 2019 Assessed Value $12,000 Land Value $4,800 Improvement Value $7,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $10,800 Land Value $3,800 Improvement Value $7,000 Tax Amount $622.65 Change Rate +0.039083% Assessed CR Tax Rate +0.057653%
Year 2017 Assessed Value $10,800 Land Value $3,800 Improvement Value $7,000 Tax Amount $599.23 Change Rate Assessed CR Tax Rate +0.055484%
Year 2016 Assessed Value $9,400 Land Value $3,300 Improvement Value $6,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $9,500 Land Value $6,650 Improvement Value $2,850 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $9,600 Land Value $7,600 Improvement Value $2,000 Tax Amount Change Rate Assessed CR Tax Rate