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518 N Foster Ave; Lansing, MI Property Details

518 N Foster Ave, Lansing, MI is a Single Family that was built in 1922. This property is currently a cash purchase and is not for sale. Our records show that 518 N Foster Ave has 2 bedrooms, and 1 bathroom, and a total of 756 square feet. The lot size of 518 N Foster Ave is 4,356 square feet.

Off market  •   Pre Probate ✓
518 N Foster Ave Lansing, MI 48912
$70,000 Listing Price
2 Beds
1 Baths
756 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1922
  • Purchase Price: $70,000
  • Est. Equity / %: $147,000 / 100%
  • Gross Yield: 13.51%
  • APN: 33-01-01-14-126-181
  • Situs County: Ingham
  • Length Of Ownership: 9 years, 9 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • 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: 756/SqFt
  • Lot: 4,356/SqFt
  • Gross: 756/SqFt
  • Garage: 360/SqFt
  • Living: 756/SqFt
  • Basement: 756/SqFt
  • Building: 756/SqFt
  • Ground: 756/SqFt
  • Garage Unfinished: 360/SqFt
  • Basement Unfinished: 756/SqFt
  • Price Per Square Foot: $92.59

Legal Description

  • Description: LOT 245 FOSTER FARM
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: 42.739086 / -84.517365
  • Subdivision: Foster Farm
  • Property Class: Residential
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4209
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One: $300
  • H O A Amount: $300
  • H O A One Frequency: Monthly
  • H O A One Name: Fairfield Place Condominium Assoc
  • H O A One Type: Home Owner Association

Ownership Info

518 N Foster Ave has no associated ownership info
518 N Foster Ave has no associated ownership info.

Taxes

518 N Foster Ave has 10 associated Taxes items

518 N Foster 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 $54,000. The APN we've located for 518 N Foster Ave is 33-01-01-14-126-181.

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Taxes
  • Assessed Value:  $54,000
  • Assessed Year:  2026
  • Assessed County:  Ingham
  • APN:  33-01-01-14-126-181
  • Assessed Land Value:  3700
  • Market Land Value:  7400
  • Tax Amount:  3421.16
  • Tax Year:  2025
  • Market Value:  108000
  • Market Year:  2026

Tax History

518 N Foster Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $54,000 Land Value $3,700 Improvement Value $50,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,421.16 Change Rate +0.030333% Assessed CR Tax Rate
Year 2024 Assessed Value $48,200 Land Value $6,000 Improvement Value $42,200 Tax Amount $3,320.44 Change Rate +0.062796% Assessed CR Tax Rate +0.068889%
Year 2023 Assessed Value $44,200 Land Value $6,000 Improvement Value $38,200 Tax Amount $3,124.25 Change Rate +0.095609% Assessed CR Tax Rate +0.070684%
Year 2022 Assessed Value $41,400 Land Value $5,000 Improvement Value $36,400 Tax Amount $2,851.61 Change Rate +0.023781% Assessed CR Tax Rate +0.068879%
Year 2021 Assessed Value $38,500 Land Value $5,000 Improvement Value $33,500 Tax Amount $2,785.37 Change Rate +0.007021% Assessed CR Tax Rate +0.072347%
Year 2020 Assessed Value $36,400 Land Value $5,000 Improvement Value $31,400 Tax Amount $2,765.95 Change Rate +0.0347% Assessed CR Tax Rate +0.075988%
Year 2019 Assessed Value $34,900 Land Value $5,000 Improvement Value $29,900 Tax Amount $2,673.19 Change Rate -0.364778% Assessed CR Tax Rate +0.076596%
Year 2018 Assessed Value $32,200 Land Value $5,000 Improvement Value $27,200 Tax Amount $4,208.28 Change Rate +0.751064% Assessed CR Tax Rate +0.130692%
Year 2017 Assessed Value $32,200 Land Value $5,000 Improvement Value $27,200 Tax Amount $2,403.27 Change Rate Assessed CR Tax Rate +0.074636%
Year 2016 Assessed Value $29,200 Land Value $5,000 Improvement Value $24,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $28,000 Land Value $9,976 Improvement Value $18,024 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $26,900 Land Value $6,983 Improvement Value $19,917 Tax Amount $1,542.71 Change Rate Assessed CR Tax Rate +0.05735%