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516 N Grace St; Lansing, MI Property Details

516 N Grace St, Lansing, MI is a Single Family that was built in 1926. This property is currently Financed and is not for sale. Our records show that 516 N Grace St has 3 bedrooms, and 1 bathroom, and a total of 944 square feet. The lot size of 516 N Grace St is 10,019 square feet.

Off market
516 N Grace St Lansing, MI 48917
$96,425 Listing Price
3 Beds
1 Baths
944 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1926
  • Purchase Price: $96,425
  • Open Loans / Balance: 1 / $89,797
  • Est. Equity / %: $38,203 / 29.85%
  • Gross Yield: 16.078%
  • APN: 33-21-01-18-204-042
  • Situs County: Ingham
  • Length Of Ownership: 3 years, 7 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: D
  • Roof Type: Hip
  • Porch Type: Yes
  • Roof Cover Type: Asphalt

Measurements

  • Total: 944/SqFt
  • Lot: 10,019/SqFt
  • Gross: 944/SqFt
  • Garage: 320/SqFt
  • Living: 944/SqFt
  • Basement: 748/SqFt
  • Building: 944/SqFt
  • Ground: 748/SqFt
  • Price Per Square Foot: $102.15

Legal Description

  • Description: LOTS 170 & 171 MICHIGAN HEIGHTS SUBDIVISION SEC 18 T4N R2W
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: 42.739223 / -84.58849
  • Subdivision: Michigan Heights Subdivision
  • Property Class: Residential
  • Zoning: B RESID
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2950
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

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

Taxes

516 N Grace St has 10 associated Taxes items

516 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 $61,800. The APN we've located for 516 N Grace St is 33-21-01-18-204-042.

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Taxes
  • Assessed Value:  $61,800
  • Assessed Year:  2026
  • Assessed County:  Ingham
  • APN:  33-21-01-18-204-042
  • Assessed Land Value:  19000
  • Market Land Value:  38000
  • Tax Amount:  2837.52
  • Tax Year:  2025
  • Market Value:  123600
  • Market Year:  2026

Tax History

516 N Grace St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $61,800 Land Value $19,000 Improvement Value $42,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,837.52 Change Rate +0.022836% Assessed CR Tax Rate
Year 2024 Assessed Value $52,900 Land Value $16,200 Improvement Value $36,700 Tax Amount $2,774.17 Change Rate +0.086504% Assessed CR Tax Rate +0.052442%
Year 2023 Assessed Value $45,800 Land Value $15,700 Improvement Value $30,100 Tax Amount $2,553.3 Change Rate +1.254052% Assessed CR Tax Rate +0.055749%
Year 2022 Assessed Value $37,900 Land Value $13,200 Improvement Value $24,700 Tax Amount $1,132.76 Change Rate -0.04918% Assessed CR Tax Rate +0.029888%
Year 2021 Assessed Value $35,300 Land Value $9,900 Improvement Value $25,400 Tax Amount $1,191.35 Change Rate +1.250633% Assessed CR Tax Rate +0.033749%
Year 2020 Assessed Value $28,900 Land Value $9,900 Improvement Value $19,000 Tax Amount $529.34 Change Rate Assessed CR Tax Rate +0.018316%
Year 2019 Assessed Value $24,000 Land Value $8,300 Improvement Value $15,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $21,600 Land Value $6,600 Improvement Value $15,000 Tax Amount $1,073.24 Change Rate +0.04094% Assessed CR Tax Rate +0.049687%
Year 2017 Assessed Value $21,600 Land Value $6,600 Improvement Value $15,000 Tax Amount $1,031.03 Change Rate Assessed CR Tax Rate +0.047733%
Year 2016 Assessed Value $19,100 Land Value $5,800 Improvement Value $13,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $17,000 Land Value $11,578 Improvement Value $5,422 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $17,000 Land Value $13,232 Improvement Value $3,768 Tax Amount Change Rate Assessed CR Tax Rate