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Single Family ResidenceResidential
$56,885$132 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 89How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $45,000 on Apr 28, 2022

507 N GRACE ST

LANSING, MI 48917
1
Beds
1
Baths
432 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
1928
Year BuiltThe year the home was originally built, according to county records.

Valuation

$57K
$51K low$63K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$45,000 · Apr 28, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,854 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$30,800 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$10,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$19,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$29,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$61,600

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.20 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyINGHAM
Lot (acres)The size of the land the home sits on, from county records.0.12
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Waverly High SchoolC+
High · Grades 9–12 · 1.7 mi
M
Waverly Middle SchoolC-
Middle · Grades 7–8 · 1.9 mi
E
Elmwood Elementary SchoolB-
Elementary · Grades 1–4 · 2.0 mi

District: Waverly Community Schools

Neighborhood · ZIP 48917These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.112
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.83
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.21

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.27%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.32,787
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,340 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$72,753
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$90,284
Average tempThe average temperature here across a full year.47°F
Annual precipHow much rain and melted snow falls here in a typical year.33 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.51%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

507 N Grace St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the least valuable homes in Lansing 48917
  • Costs less per square foot than 87% of homes in Lansing 48917
  • Among the smallest homes in Lansing 48917
  • Has a smaller lot than 88% of homes in Ingham County
  • Older than 98% of homes in Lansing 48917

What homes are worth in Lansing 48917

Each bar is how many homes fall in that price range. The marker is this home.

This home
$90K$526K

This home is worth less than almost all homes in Lansing 48917.

How it measures up in Lansing 48917

The dot is this home. The mark in the middle is the typical home in Lansing 48917.

Estimated value$56,885
CheaperTypical $248,637Pricier

Cheaper than almost all homes nearby

Price per ft²$132
CheaperTypical $166Pricier

Pricier than 13% of homes nearby

Living area432 ft²
SmallerTypical 1,463 ft²Bigger

Smaller than almost all homes nearby

Lot size0.12 ac
SmallerTypical 0.28 acBigger

Bigger than 15% of homes nearby

Year built1928
OlderTypical 1970Newer

Newer than 2% of homes nearby

How 507 N Grace St ranks against every home in each area.
MeasureThis homeLansing 48917Ingham County
Estimated valuepricier than$56,885almost no homes2% of homes
Price per ft²pricier than$13213% of homes31% of homes
Living areabigger than432 ft²almost no homesalmost no homes
Lot sizebigger than0.12 ac15% of homes12% of homes
Year builtnewer than19282% of homes20% of homes

About 507 N Grace St

How much is 507 N Grace St, Lansing, MI worth?

The TopHap Estimate for 507 N Grace St, Lansing, MI is $56,885 as of Sep 24, 2026. The likely range is $50,555 to $63,215. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 507 N Grace St, Lansing, MI last sell?

507 N Grace St, Lansing, MI last sold on Apr 28, 2022 for $45,000, according to the county's recorded deed.

How big is 507 N Grace St, Lansing, MI?

507 N Grace St, Lansing, MI has 1 bedrooms, 1 bathrooms, 432 square feet of living space and a 0.12-acre lot.

When was 507 N Grace St, Lansing, MI built?

507 N Grace St, Lansing, MI was built in 1928, making it 98 years old. It is a ranch home.

What schools serve 507 N Grace St, Lansing, MI?

507 N Grace St, Lansing, MI is assigned to Waverly High School (high), rated C+; Waverly Middle School (middle), rated C-; Elmwood Elementary School (elementary), rated B-. All sit in Waverly Community Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 507 N Grace St, Lansing, MI compare to other homes in Lansing 48917?

Among the 10,052 homes in Lansing 48917, it is worth more than almost none of them ($56,885 against a typical $248,637), its price per square foot is higher than 13% of them ($132 against a typical $166), it is bigger than almost none of them (432 ft² against a typical 1,463 ft²), its lot is bigger than 15% of them (0.12 ac against a typical 0.28 ac) and it is newer than 2% of them (1928 against a typical 1970). Measured against all of Ingham County, it is worth more than 2% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 507 N Grace St, Lansing, MI?

The 2025 property tax bill for 507 N Grace St, Lansing, MI was $1,854. The county assessed it at $30,800.

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