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121 Lake St

Alpena, MI 49707

4 bd 1 ba 1,625 sqft Lot 9,148 sqft single_family
Most recent sale
$105,000
May 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 11, 2024 Sold $135,000 Public Record
May 24, 2022 Sold $105,000 MLS #201817768
Apr 11, 2022 Listed $95,000 MLS #201817768

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $60,000 $1,840
2024 $51,600 $1,441
2023 $34,300 $1,374
2022 $32,200 $797
2021 $30,300 $663
2020 $27,500 $764
2019 $25,800 $734
2018 $21,600 $710
2017 $21,700 $677
2016 $20,100 $914
2015 $19,000 $1,004
2014 $17,200 $978
2013 $17,600 $995
2012 $18,000 $694
2011 $20,500 $799
2010 $27,400 $1,055
2009 $30,000 $940

Property facts

Year built
Property type
single_family
Stories
Beds
4
Baths
1
Living area
1,625 sqft
Lot size
9,148 sqft
ZIP code
49707
City
Alpena
Street
Lake St
Coordinates
45.06612, -83.42539

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
$630
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 121 Lake St last sell?
121 Lake St most recently sold on May 24, 2022 for $105,000.
What is the current tax assessment for 121 Lake St?
The most recent total assessment for 121 Lake St (year 2025) is $60,000 with $1,840 in property tax.
How does 121 Lake St's assessment compare to its last sale price?
The current assessment is 42.9% below the last sale price of $105,000.
When was 121 Lake St built?
The year built for 121 Lake St is not in our records.
How does 121 Lake St compare to others on Lake St?
We track 8 other properties on Lake St. Browse the list under "Other properties on Lake St" to compare beds, baths, and sale history.
What are the property facts for 121 Lake St?
121 Lake St is a 4 bed, 1 bath, 1,625 sqft, 9,148 sqft lot single_family.
Is 121 Lake St a flip candidate?
No — 121 Lake St does not appear in our flips dataset.
Is 121 Lake St a tax-appeal candidate?
No — 121 Lake 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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