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15850 Florence St, Lansing, MI, 48906

4beds
2baths
1,620sqft
$120,000
$74price/sqft
$996/moest. monthly cost
$39,840/yrincome needed

About This Home

This cape cod style single family home offers 4 bedrooms and 2 bathrooms with approximately 1620 square feet of living space on a 0.46 acre lot. This is a cash or cash equivalent purchase only with no inspection or financing contingencies. No Buyer Premium on this property. The seller has closing representation in this transaction. The buyer has the right to select their own title/closing company, or may use the sellers title company. The buyer is responsible for all closing costs in this transaction. In the event the buyer chooses their own title/closing company, the buyer will be responsible for additional costs for coordinating the closing that are completed by the sellers title company.

Getting Around

38
WalkingCar-Dependent
0
TransitNo Nearby Transit
61
BikeBikeable

Schools

3/10
Sheridan RoadGrades PK,5-81.1 mi
5/10
Eastern High SchoolGrades 9-123.4 mi
5/10
Gier Park SchoolGrades PK-41.9 mi

Construction

Condition

  • Year built: 1930

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total structure area: 1,620
  • Total interior livable area: 1,620 sqft

Property

Details

  • Parcel number: 05012000003801
  • Special condition: Auction

Features

  • Stories: 1

Lot

  • Lot size: 0.46 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Tornado

FEMA Declared Disasters in Clinton County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $606$7,272
Home Insurance *$83$996
Property Taxes $119$1,428
Electricity $188$2,259
Total$996$11,952
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,148/yr
40% on housing$29,880/yr
45% on housing$26,560/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.5%
15.5%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.4%
1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$74This listing

vs Other Active Listings

Avg $/sqft

ZIP 48906$86
Clinton County$162

vs Homes Sold Last Month

Median $/sqft

ZIP 48906$130
Clinton County$143

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-02Sold$163,020
2023-12-29Sold$179,000
2023-11-21Contingent$175,000
2023-11-13Listed for sale$175,000
2023-11-09Contingent$189,900
2023-11-01Price change$189,900
2023-10-26Price change$200,000
2023-10-18Listed for sale$215,000
2023-05-26Sold$100,000

Unknown Listed By

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