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Sold for $40,000
  • $40,000

    1201 Lathrop St, Lansing, MI 48912

    2beds
    1,177sqft
    Single Family Residence
    Built in 1906
    8,276.4 Square Feet Lot
    $42,400 Zestimate®
    $34/sqft
    $1,289 Estimated rent

    Home value

    $42,400

    $38,000 - $47,000

    $1,289/mo

    Zestimate® history
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    $1,289/mo

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    What's special

    Water heaterNewer furnace
    🏡 Welcome to 1201 Lathrop St! Calling all investors and flippers — Whether you're looking for your next rental project or a great flip, this home is full of potential. With 1,177 sq ft above grade, the current layout features 2 bedrooms and 1 bathroom, but there's room to grow! Easily convert the main floor space into a third bedroom to boost value and rental appeal. The upstairs bathroom layout offers a great opportunity for a value-add update. Consider removing the tub and oversized sink to create space for a modern stand-up shower and compact vanity — design it your way! Recent updates include: - Newer furnace (installed in 2021) - Water heater, electrical, and plumbing - all in good working condition 💡 Per my analysis: A move-in-ready 3 bed, 1 bath in this are typically sells between $120K-$135K. Rents for similar homes range from $1,300 to $1,500/month. This is a great fixer-upper with strong upside. Don't miss your chance to unlock the potential at 1201 Lathrop St! Call or text today to schedule your private showing!

    Zillow last checked:

    Listing updated:

    Listed by:

    Besim Shabani 517-803-8920,

    EXIT Realty Home Partners

    Bought with:

    Jenifer Taylor, 6501413252

    Jenifer Taylor Realty

    Source: Greater Lansing AOR,MLS#: 288820MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: First
    • Area: 165 Square Feet
    • Dimensions: 15 x 11
    Bedroom 2
    • Level: First
    • Area: 115.5 Square Feet
    • Dimensions: 11 x 10.5
    Dining room
    • Level: First
    • Area: 237.3 Square Feet
    • Dimensions: 21 x 11.3
    Kitchen
    • Level: First
    • Area: 77 Square Feet
    • Dimensions: 11 x 7
    Living room
    • Level: First
    • Area: 168 Square Feet
    • Dimensions: 12 x 14
    Other
    • Description: Kitchen Net
    • Level: First
    • Area: 96 Square Feet
    • Dimensions: 9.6 x 10
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Refrigerator, Electric Oven
    • Laundry: In Basement
    Features
    • Flooring: Laminate, Wood
    • Windows: Storm Window(s)
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,881
    • Total interior livable area: 1,177 sqft
    • Finished area above ground: 1,177
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Private
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    • Exterior features: Private Yard
    • Fencing: Back Yard
    Lot
    • Size: 8,276 sqft
    • Dimensions: 66 x 128
    • Features: Back Yard, Private, Corner Lot
    Details
    • Foundation area: 724
    • Parcel number: 33010122280001
    • Zoning description: Zoning

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Hardboard
    • Foundation: Block
    • Roof: Shingle
    Condition
    • Year built: 1906

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Lansing
    • Subdivision: Parkview

    Other

    Other facts
    • Listing terms: Cash,Conventional,Contract
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    7/2/2025Sold$40,000-11.1%$34/sqft
    Source: Greater Lansing AOR #288820 Report a problem
    6/26/2025Pending sale$45,000$38/sqft
    Source: Greater Lansing AOR #288820 Report a problem
    6/11/2025Listed for sale$45,000+183%$38/sqft
    Source: Greater Lansing AOR #288820 Report a problem
    3/11/2009Sold$15,900-23.9%$14/sqft
    Source: Public Record Report a problem
    12/31/2008Price change$20,900-8.7%$18/sqft
    Source: foreclosure.com Report a problem
    12/11/2008Listed for sale$22,900-45.4%$19/sqft
    Source: foreclosure.com Report a problem
    10/8/2007Sold$41,928$36/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,901 $42,200 +15.9%
    2023-- $36,400 +13%
    2022-- $32,200 +13%
    2021-- $28,500 +2.9%
    2020-- $27,700 +2.6%
    2019$2,002 $27,000 +9.3%
    2018$2,002 +2019%$24,700
    2017$95 $24,700
    2016$95 --
    2015$95 $8,011 +33.3%
    2014$95 $6,008 -75.6%
    2013-- $24,600 -6.5%
    2012-- $26,300 -11.1%
    2011-- $29,600 -10.3%
    2010-- $33,000 -8.8%
    2009-- $36,200 -7.4%
    2008-- $39,100 -0.3%
    2007-- $39,200 +0.3%
    2006-- $39,100 +21.8%
    2005-- $32,100 +15.1%
    2004-- $27,900 +18.2%
    2003-- $23,600 +22.3%
    2002-- $19,300 +14.2%
    2001-- $16,900 +11.2%
    2000-- $15,200

    Find assessor info on the county website

    Neighborhood: Potter-Walsh

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Lansing

    Source: Greater Lansing AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $42,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $42,400