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120 Franklin St

Alpena, MI 49707

3 bd 1 ba 1,248 sqft Built 1978 single_family
Most recent sale
$140,000
Mar 28, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 28, 2024 Sold $140,000 Waterwonderland
Jan 11, 2024 Listed $135,900 Waterwonderland
Jul 10, 2018 Sold $55,000 Public Record
Oct 9, 2015 Sold $29,925 Waterwonderland

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $29,000 $970
2021 $26,800 $942
2020 $24,000 $930
2019 $22,600 $893
2018 $20,000 $1,145
2017 $24,100 $1,349
2016 $29,500 $1,671
2015 $28,600 $1,220
2014 $27,800 $1,072
2013 $27,300 $1,047
2012 $27,100 $1,040
2011 $30,700 $1,191
2009 $36,600 $1,155

Property facts

Year built
1978
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,248 sqft
Lot size
ZIP code
49707
City
Alpena
Street
Franklin St
Coordinates
45.05249, -83.45939

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
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 120 Franklin St last sell?
120 Franklin St most recently sold on Mar 28, 2024 for $140,000.
What is the current tax assessment for 120 Franklin St?
The most recent total assessment for 120 Franklin St (year 2022) is $29,000 with $970 in property tax.
How does 120 Franklin St's assessment compare to its last sale price?
The current assessment is 79.3% below the last sale price of $140,000.
When was 120 Franklin St built?
120 Franklin St was built in 1978.
How does 120 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 120 Franklin St?
120 Franklin St is a 3 bed, 1 bath, 1,248 sqft single_family.
Is 120 Franklin St a flip candidate?
No — 120 Franklin St does not appear in our flips dataset.
Is 120 Franklin St a tax-appeal candidate?
No — 120 Franklin St 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
+2.1%
Implied 1-yr
+8.2%
2026 Q3
$224.7K
2026 Q4
$228.7K
ZIP 49707 — Median Price History + Forecast

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