The property at 540 Community Street, Lansing, MI 48906, built in 1947, is a 696 square foot Single Family and has 2 bedrooms and 1 bathrooms. It is situated on a lot that is 6,970 square feet and was last tax assessed in 2024 for a valuation of $14,200
The estimate for this property has experienced a 15.27% increase in the past 6 months reaching a value of $264,206.
Property Tax History
Source: Public Records
| Year | Assessment |
|---|---|
| 2020 | $40,500 +31.49% |
| 2019 | $30,800 +11.59% |
| 2018 | $27,600 +2.60% |
| 2016 | $26,900 +4.26% |
| 2015 | $25,800 +7.05% |
| 2014 | $24,100 -0.82% |
| 2013 | $24,300 |
| 2012 | $24,300 |
Valuation History
Source: Public Records
| Month | Valuation | Single Family Homes Sold | Median Sales Price/Sqft |
|---|---|---|---|
| Nov 2025 | $264,206 | - | - |
| Oct 2025 | $261,828 | - | - |
| Sep 2025 | $260,449 | - | - |
| Aug 2025 | $256,410 | - | - |
| Jul 2025 | $253,765 | - | - |
| Jun 2025 | $252,367 | - | - |
| May 2025 | $239,203 | - | - |
| Apr 2025 | $229,214 | - | - |
| Mar 2025 | $218,058 | - | - |
| Feb 2025 | $210,436 | - | - |
| Jan 2025 | $189,314 | - | - |
| Dec 2024 | $179,292 | - | - |
| Nov 2024 | $163,834 | - | - |
| Oct 2024 | $149,889 | - | - |
| Sep 2024 | $138,698 | - | - |
| Aug 2024 | $126,720 | - | - |
| Jul 2024 | $119,268 | - | - |
| Jun 2024 | $113,683 | - | - |
| May 2024 | $106,473 | - | - |
| Apr 2024 | $102,971 | - | - |
| Mar 2024 | $104,132 | - | - |
| Feb 2024 | $108,439 | - | - |
| Jan 2024 | $113,174 | - | - |
| Dec 2023 | $112,390 | - | - |
| Nov 2023 | $73,429 | - | - |
| Oct 2023 | $73,160 | - | - |
| Sep 2023 | $75,545 | - | - |
| Aug 2023 | $105,425 | - | - |
| Jul 2023 | $98,920 | - | - |
| Jun 2023 | $95,963 | - | - |
| May 2023 | $95,402 | - | - |
| Apr 2023 | $97,871 | - | - |
| Mar 2023 | $86,558 | - | - |
| Feb 2023 | $95,330 | - | - |
| Jan 2023 | $89,010 | - | - |
| Dec 2022 | $90,160 | - | - |
| Nov 2022 | $81,900 | - | - |
*Market History, including Median Sales Price per square foot, and Single Family Homes Sold is based on historical data of Zip Code: 48906 - MI
Property Listing History
| Status | Listing Date | MLS ID |
|---|---|---|
| Closed | 05/19/2024 | 24024921 |
| Closed | 05/19/2024 | 59024024921 |
| Closed | 05/19/2024 | 70407372 |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 26,247 | 116,031 | 81,200 | 335,858,263 |
| Population Density | 801 | 3,034 | 143 | 95 |
| People per Household | 2.5 | 2.3 | 2.6 | 2.6 |
| Median Age | 37.6 | 36.3 | 39.9 | 39.1 |
| Median Income | $47,717 | $43,103 | $71,959 | $66,222 |
| Average Income | $25,045 | $23,465 | $34,999 | $35,475 |
| Cost of Living Index | 84 | 77 | 96 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 13.9°F | 13.9°F | 13.9°F | 22.6°F |
| July Avg. High Temp | 82.1°F | 82.1°F | 82.22°F | 86.2°F |
| Annual Precipitation | 31.53" | 31.53" | 31.97" | 38" |
Click Zestimate price to view details on Zillow. Zestimate data is provided "as is" via the Zestimate API. © Zillow, Inc., 2006-2022. Use is subject to Terms of Use.
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