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16500 Addison Rd

Addison, MI 49220

3 bd 1 ba 1,523 sqft Built 1890 Lot 197,762 sqft single_family
Most recent sale
$161,000
Jul 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 5, 2025 Listed $279,900 Lenawee
Jul 27, 2022 Sold $161,000 Public Record
Jul 8, 2022 Sold $161,000 MichRic
May 26, 2022 Listed $155,000 MLS #22020353
Dec 10, 2015 Listing removed $99,900 Lenawee
Jun 12, 2015 Listed $99,900 MLS #31247613

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $55,000 $628
2020 $56,700 $1,333
2019 $59,900 $602
2018 $53,800 $1,282
2017 $50,500 $2,157
2016 $56,100 $878
2015 $53,000 $867
2014 $53,000 $854
2013 $53,000 $840
2012 $54,900 $802
2011 $58,000 $766
2010 $58,200 $756
2009 $62,700 $659
2008 $63,600 $338

Property facts

Year built
1890
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,523 sqft
Lot size
197,762 sqft
ZIP code
49220
City
Addison
Street
Addison Rd
Coordinates
41.98578, -84.31864

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$966
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 16500 Addison Rd last sell?
16500 Addison Rd most recently sold on Jul 27, 2022 for $161,000.
What is the current tax assessment for 16500 Addison Rd?
The most recent total assessment for 16500 Addison Rd (year 2021) is $55,000 with $628 in property tax.
How does 16500 Addison Rd's assessment compare to its last sale price?
The current assessment is 65.8% below the last sale price of $161,000.
When was 16500 Addison Rd built?
16500 Addison Rd was built in 1890.
How does 16500 Addison Rd compare to others on Addison Rd?
We track 8 other properties on Addison Rd. Browse the list under "Other properties on Addison Rd" to compare beds, baths, and sale history.
What are the property facts for 16500 Addison Rd?
16500 Addison Rd is a 3 bed, 1 bath, 1,523 sqft, 197,762 sqft lot single_family.
Is 16500 Addison Rd a flip candidate?
No — 16500 Addison Rd does not appear in our flips dataset.
Is 16500 Addison Rd a tax-appeal candidate?
No — 16500 Addison Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.6%
Implied 1-yr
-6.4%
2026 Q3
$374.9K
2026 Q4
$374.9K
ZIP 49220 — Median Price History + Forecast

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