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305 Erie St

Albion, MI 49224

8 bd 3 ba 3,440 sqft Built 1900 Lot 8,364 sqft single_family
Most recent sale
$35,500
Feb 9, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 9, 2024 Sold $35,500 MichRic
Feb 24, 2022 Sold $51,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $66,900 $2,329
2021 $56,100 $2,257

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
8
Baths
3
Living area
3,440 sqft
Lot size
8,364 sqft
ZIP code
49224
City
Albion
Street
Erie St
Coordinates
42.24327, -84.74912

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$213
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 305 Erie St last sell?
305 Erie St most recently sold on Feb 9, 2024 for $35,500.
What is the current tax assessment for 305 Erie St?
The most recent total assessment for 305 Erie St (year 2022) is $66,900 with $2,329 in property tax.
How does 305 Erie St's assessment compare to its last sale price?
The current assessment is 88.5% above the last sale price of $35,500.
When was 305 Erie St built?
305 Erie St was built in 1900.
How does 305 Erie St compare to others on Erie St?
We track 8 other properties on Erie St. Browse the list under "Other properties on Erie St" to compare beds, baths, and sale history.
What are the property facts for 305 Erie St?
305 Erie St is a 8 bed, 3 bath, 3,440 sqft, 8,364 sqft lot single_family.
Is 305 Erie St a flip candidate?
No — 305 Erie St does not appear in our flips dataset.
Is 305 Erie St a tax-appeal candidate?
Yes — 305 Erie St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.7%
Implied 1-yr
+18.8%
2026 Q3
$203.3K
2026 Q4
$210.6K
ZIP 49224 — Median Price History + Forecast

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