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512 Fairlane Dr

Alma, MI 48801

4 bd 3 ba 2,621 sqft Built 1971 Lot 14,375 sqft single_family
Most recent sale
$225,000
Feb 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 2, 2022 Sold $225,000 MLS #1892764
Jan 4, 2022 Price changed $245,000 MLS #1892764
Nov 19, 2021 Price changed $255,000 MLS #1892764
Sep 20, 2021 Price changed $268,000 MLS #1892764
Sep 8, 2021 Listed $275,000 MLS #1892764
Jul 26, 2017 Sold $170,000 MLS #1794217
Feb 27, 2015 Sold $170,000 Public Record
Feb 13, 2015 Listed $176,000 MLS #1794217

Tax assessment history

YearBuildingLandTotal assessedTax paid
2003 $93,000 $531

Property facts

Year built
1971
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,621 sqft
Lot size
14,375 sqft
ZIP code
48801
City
Alma
Street
Fairlane Dr
Coordinates
43.38284, -84.68069

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
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 512 Fairlane Dr last sell?
512 Fairlane Dr most recently sold on Feb 2, 2022 for $225,000.
What is the current tax assessment for 512 Fairlane Dr?
The most recent total assessment for 512 Fairlane Dr (year 2003) is $93,000 with $531 in property tax.
How does 512 Fairlane Dr's assessment compare to its last sale price?
The current assessment is 58.7% below the last sale price of $225,000.
When was 512 Fairlane Dr built?
512 Fairlane Dr was built in 1971.
How does 512 Fairlane Dr compare to others on Fairlane Dr?
We track 8 other properties on Fairlane Dr. Browse the list under "Other properties on Fairlane Dr" to compare beds, baths, and sale history.
What are the property facts for 512 Fairlane Dr?
512 Fairlane Dr is a 4 bed, 3 bath, 2,621 sqft, 14,375 sqft lot single_family.
Is 512 Fairlane Dr a flip candidate?
No — 512 Fairlane Dr does not appear in our flips dataset.
Is 512 Fairlane Dr a tax-appeal candidate?
No — 512 Fairlane Dr 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
+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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