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515 N Grace St; Lansing, MI Property Details

515 N Grace St, Lansing, MI is a Single Family that was built in 1930. This property is currently a cash purchase and is not for sale. Our records show that 515 N Grace St has 2 bedrooms, and 1 bathroom, and a total of 640 square feet. The lot size of 515 N Grace St is 5,227 square feet.

Off market
515 N Grace St Lansing, MI 48917
$85,000 Listing Price
2 Beds
1 Baths
640 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1930
  • Purchase Price: $85,000
  • Open Loans / Balance: 1 / $82,930
  • Est. Equity / %: $4,070 / 4.68%
  • Gross Yield: 15.89%
  • APN: 33-21-01-18-203-028
  • Situs County: Ingham
  • Length Of Ownership: 6 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

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

Measurements

  • Total: 640/SqFt
  • Lot: 5,227/SqFt
  • Gross: 640/SqFt
  • Garage: 280/SqFt
  • Living: 640/SqFt
  • Basement: 640/SqFt
  • Building: 640/SqFt
  • Ground: 640/SqFt
  • Price Per Square Foot: $132.81

Legal Description

  • Description: LOT 203 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: 42.73915 / -84.589
  • 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

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

Taxes

515 N Grace St has 10 associated Taxes items

515 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 $47,200. The APN we've located for 515 N Grace St is 33-21-01-18-203-028.

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Taxes
  • Assessed Value:  $47,200
  • Assessed Year:  2026
  • Assessed County:  Ingham
  • APN:  33-21-01-18-203-028
  • Assessed Land Value:  10900
  • Market Land Value:  21800
  • Tax Amount:  985.19
  • Tax Year:  2025
  • Market Value:  94400
  • Market Year:  2026

Tax History

515 N Grace St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $47,200 Land Value $10,900 Improvement Value $36,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $985.19 Change Rate +0.011832% Assessed CR Tax Rate
Year 2024 Assessed Value $41,400 Land Value $9,300 Improvement Value $32,100 Tax Amount $973.67 Change Rate -0.084458% Assessed CR Tax Rate +0.023519%
Year 2023 Assessed Value $34,200 Land Value $9,000 Improvement Value $25,200 Tax Amount $1,063.49 Change Rate -0.064661% Assessed CR Tax Rate +0.031096%
Year 2022 Assessed Value $28,000 Land Value $7,600 Improvement Value $20,400 Tax Amount $1,137.01 Change Rate -0.039111% Assessed CR Tax Rate +0.040608%
Year 2021 Assessed Value $25,800 Land Value $5,700 Improvement Value $20,100 Tax Amount $1,183.29 Change Rate +1.284388% Assessed CR Tax Rate +0.045864%
Year 2020 Assessed Value $21,200 Land Value $5,700 Improvement Value $15,500 Tax Amount $517.99 Change Rate Assessed CR Tax Rate +0.024433%
Year 2019 Assessed Value $17,500 Land Value $4,800 Improvement Value $12,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $15,600 Land Value $3,800 Improvement Value $11,800 Tax Amount $859.83 Change Rate +0.039924% Assessed CR Tax Rate +0.055117%
Year 2017 Assessed Value $15,600 Land Value $3,800 Improvement Value $11,800 Tax Amount $826.82 Change Rate Assessed CR Tax Rate +0.053001%
Year 2016 Assessed Value $13,700 Land Value $3,300 Improvement Value $10,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $13,400 Land Value $6,650 Improvement Value $6,750 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $13,300 Land Value $7,600 Improvement Value $5,700 Tax Amount Change Rate Assessed CR Tax Rate