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516 Smith Ave; Lansing, MI Property Details

516 Smith Ave, Lansing, MI is a Single Family that was built in 1914. This property is currently a cash purchase and is for sale. Our records show that 516 Smith Ave has 3 bedrooms, and 1 bathroom, and a total of 1,216 square feet. The lot size of 516 Smith Ave is 5,227 square feet.

On Market for 115 days
516 Smith Ave Lansing, MI 48910
$99,900 Listing Price
3 Beds
1 Baths
1,216 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1914
  • Purchase Price: $72,600
  • Open Loans / Balance: 1 / $242,183
  • Est. Equity / %: $-133,183 / -122.19%
  • Gross Yield: 9.477%
  • APN: 33-01-01-21-357-061
  • Situs County: Ingham
  • Length Of Ownership: 2 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 9

Structure

  • Building Style: Frame
  • Floor Cover Type: Linoleum
  • Stories: 1.5
  • 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
  • Deck: true

Measurements

  • Total: 1,216/SqFt
  • Lot: 5,227/SqFt
  • Gross: 1,216/SqFt
  • Living: 1,216/SqFt
  • Basement: 768/SqFt
  • Building: 1,216/SqFt
  • Ground: 824/SqFt
  • Basement Unfinished: 768/SqFt
  • Price Per Square Foot: $59.70

Legal Description

  • Description: W 33 FT LOT 8 BLOCK 13 PARK PLACE
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: 42.71394 / -84.55935
  • Subdivision: Park Place
  • Property Class: Residential
  • Zoning: C RESID
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 9038
  • Heating: Forced air unit

HOA

  • H O A One: $411
  • H O A Amount: $411
  • H O A One Frequency: Monthly
  • H O A One Name: Twin Oaks Condo Assn
  • H O A One Type: Home Owner Association

Ownership Info

516 Smith Ave has no associated ownership info
516 Smith Ave has no associated ownership info.

Taxes

516 Smith Ave has 10 associated Taxes items

516 Smith Ave, 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 $48,900. The APN we've located for 516 Smith Ave is 33-01-01-21-357-061.

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Taxes
  • Assessed Value:  $48,900
  • Assessed Year:  2026
  • Assessed County:  Ingham
  • APN:  33-01-01-21-357-061
  • Assessed Land Value:  5500
  • Market Land Value:  11000
  • Tax Amount:  3914.42
  • Tax Year:  2025
  • Market Value:  97800
  • Market Year:  2026

Tax History

516 Smith Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $48,900 Land Value $5,500 Improvement Value $43,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,914.42 Change Rate +0.114464% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,512.38 Change Rate -0.042734% Assessed CR Tax Rate
Year 2023 Assessed Value $41,800 Land Value $4,000 Improvement Value $37,800 Tax Amount $3,669.18 Change Rate +0.182523% Assessed CR Tax Rate +0.087779%
Year 2022 Assessed Value $36,600 Land Value $5,700 Improvement Value $30,900 Tax Amount $3,102.84 Change Rate +0.368234% Assessed CR Tax Rate +0.084777%
Year 2021 Assessed Value $35,800 Land Value $4,100 Improvement Value $31,700 Tax Amount $2,267.77 Change Rate +0.007665% Assessed CR Tax Rate +0.063346%
Year 2020 Assessed Value $34,500 Land Value $4,100 Improvement Value $30,400 Tax Amount $2,250.52 Change Rate -0.205563% Assessed CR Tax Rate +0.065232%
Year 2019 Assessed Value $32,000 Land Value $4,100 Improvement Value $27,900 Tax Amount $2,832.85 Change Rate +0.290798% Assessed CR Tax Rate +0.088527%
Year 2018 Assessed Value $26,800 Land Value $4,100 Improvement Value $22,700 Tax Amount $2,194.65 Change Rate +0.026967% Assessed CR Tax Rate +0.08189%
Year 2017 Assessed Value $26,800 Land Value $4,100 Improvement Value $22,700 Tax Amount $2,137.02 Change Rate Assessed CR Tax Rate +0.07974%
Year 2016 Assessed Value $26,300 Land Value $4,100 Improvement Value $22,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $25,200 Land Value $8,179 Improvement Value $17,021 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $24,700 Land Value $4,623 Improvement Value $20,077 Tax Amount $6,011.21 Change Rate Assessed CR Tax Rate +0.243369%