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6408 Sommerset Road Lansing, MI 48911

$70,550
LOW
$83,000 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$95,450
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$83,000Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
--
Payment Estimate
--
Baths Full
--
Rent Estimate
$1,070Estimated monthly rental price, based on a proprietary formula.
Baths Half
--
Tax Estimate
$2,294Estimated property taxes paid on an annual basis.
Sq Ft
--
 HomeScore
34A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
0.50
 InvestorScore
59A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
--
Last Sale Date
03/17/2005
Style
--
Last Sale Price
$107,900
Year Built
--

6408 Sommerset Road is located in the Southside area of Lansing, MI. At this time, the property has an estimated value of $83,000 and yearly taxes of $2,294. Similar homes nearby sell for around $85,000.

Property History

DateEventSourcePrice
3/17/2005SoldTax Records$107,900

Lansing Market Trends

Check out Lansing homes for sale, read the Lansing real estate news or review the Lansing real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
54
Not Healthy

610

$67,950

72

6.1

Median Sales Price
$58,600
-16.3%
Sales (30 Days)
100
-23.7%

Lansing Public Schools

A child living at 6408 Sommerset Road, Lansing, MI would typically attend one of the following public schools: North School, or Everett High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

Southside REAL ESTATE NEWS

The Lansing market pulled back with a 16.7% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 107.7 monthly average with 100 homes sold. The price of homes so... Read More »

While home sales in the Lansing market have been above average, in this week's report they fell 8.3% to 111 homes sold over the last 30 days. The median sales price dropped to $63,500, down from last... Read More »

Hitting a record low dating back to May, 112 homes were sold in the Lansing market over the last 30 days. This represents a 13.8% drop and comes on top of a four-week steady downturn in sales activity... Read More »

6408 Sommerset Road Mortgage Information

$83k
$16.6k
3.81%
$310

The typical purchase scenario above assumes a credit score of 720 or higher and a 20% cash down payment on a 30-year fixed-rate mortgage. Visit the free and anonymous Homesnap Mortgage Market to check rates and customize a mortgage for your scenario.

6408 Sommerset Road Map

Ask a local expert about this home:
Snapped 1 home in this area
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6408 Sommerset Rd, Lansing, MI 48911
6408 Sommerset Rd is located in the Southside area of Lansing, MI. At this time, the property has an estimated value of $83,000 and yearly taxes of $2,294. Similar homes nearby sell for around $85,000. Leigh Henrys, Faith Floeter-Kirsten, and Amie Brown are Homesnap Local Experts in and around Southside.
©2015 Homesnap 1-800-431-5509 School data and housing market data is provided by SmartZip Analytics, Inc. ©2015 SmartZip Analytics, Inc. and ©2015 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
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