516 Ely St
Alma, MI 48801
3 bd 1 ba 1,250 sqft Built 1945 Lot 10,890 sqft single_family
Most recent sale
$130,000
Dec 14, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 14, 2023 | Sold | $130,000 | NGLRMLS |
| Sep 7, 2023 | Price changed | $129,000 | NGLRMLS |
| Aug 23, 2023 | Listed | $134,000 | NGLRMLS |
| Aug 22, 2018 | Sold | $9,501 | NGLRMLS |
| Jul 16, 2018 | Price changed | $14,500 | NGLRMLS |
| Jul 9, 2018 | Price changed | $17,500 | NGLRMLS |
| Jun 6, 2018 | Price changed | $22,500 | NGLRMLS |
| Apr 16, 2018 | Listed | $27,500 | NGLRMLS |
| Mar 20, 2015 | Listing removed | $38,000 | NGLRMLS |
| Mar 23, 2014 | Relisted | $38,000 | NGLRMLS |
| Mar 5, 2014 | Listing removed | $38,000 | NGLRMLS |
| Sep 9, 2013 | Relisted | $38,000 | NGLRMLS |
| Sep 2, 2013 | Listing removed | $38,000 | NGLRMLS |
| Aug 1, 2013 | Price changed | $38,000 | NGLRMLS |
| Sep 20, 2012 | Listing removed | $42,000 | MtPleasant |
| Mar 20, 2012 | Relisted | $42,000 | MtPleasant |
| Mar 14, 2012 | Listing removed | $42,000 | MtPleasant |
| Sep 15, 2011 | Relisted | $42,000 | MtPleasant |
| Sep 10, 2011 | Listing removed | $48,000 | MtPleasant |
| Sep 8, 2011 | Listed | $48,000 | MtPleasant |
| Mar 10, 2011 | Listed | $42,000 | NGLRMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2003 | — | — | $22,000 | $106 |
Property facts
Year built
1945
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,250 sqft
Lot size
10,890 sqft
ZIP code
48801
City
Alma
Street
Ely St
Coordinates
43.37471, -84.65410
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$780
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 516 Ely St last sell?
516 Ely St most recently sold on Dec 14, 2023 for $130,000.
What is the current tax assessment for 516 Ely St?
The most recent total assessment for 516 Ely St (year 2003) is $22,000 with $106 in property tax.
How does 516 Ely St's assessment compare to its last sale price?
The current assessment is 83.1% below the last sale price of $130,000.
When was 516 Ely St built?
516 Ely St was built in 1945.
How does 516 Ely St compare to others on Ely St?
We track 8 other properties on Ely St. Browse the list under "Other properties on Ely St" to compare beds, baths, and sale history.
What are the property facts for 516 Ely St?
516 Ely St is a 3 bed, 1 bath, 1,250 sqft, 10,890 sqft lot single_family.
Is 516 Ely St a flip candidate?
No — 516 Ely St does not appear in our flips dataset.
Is 516 Ely St a tax-appeal candidate?
No — 516 Ely St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.9%
Implied 1-yr
+11.5%
2026 Q2
$197.8K
2026 Q3
$202.6K
ZIP 48801 — Median Price History + Forecast
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