518 Michigan Ave
Alpena, MI 49707
2 bd 1 ba 1,584 sqft Built 1950 Lot 6,925 sqft single_family
Most recent sale
$55,000
Apr 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 4, 2022 | Sold | $55,000 | MLS #201816165 |
| Nov 16, 2021 | Listed | $59,900 | MLS #201816165 |
| Apr 7, 2014 | Sold | $42,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $23,400 | $202 |
| 2020 | — | — | $21,900 | $817 |
| 2019 | — | — | $20,100 | $792 |
| 2018 | — | — | $17,500 | $775 |
| 2017 | — | — | $19,800 | $814 |
| 2016 | — | — | $19,500 | $457 |
| 2015 | — | — | $19,200 | $1,419 |
| 2014 | — | — | $19,000 | $460 |
| 2013 | — | — | $18,900 | $795 |
| 2012 | — | — | $20,100 | $666 |
| 2011 | — | — | $22,200 | $1,473 |
| 2010 | — | — | $22,700 | $639 |
| 2009 | — | — | $22,900 | $614 |
| 2008 | — | — | $23,900 | $157 |
Property facts
Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,584 sqft
Lot size
6,925 sqft
ZIP code
49707
City
Alpena
Street
Michigan Ave
Coordinates
45.04341, -83.45271
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$330
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 518 Michigan Ave last sell?
518 Michigan Ave most recently sold on Apr 4, 2022 for $55,000.
What is the current tax assessment for 518 Michigan Ave?
The most recent total assessment for 518 Michigan Ave (year 2021) is $23,400 with $202 in property tax.
How does 518 Michigan Ave's assessment compare to its last sale price?
The current assessment is 57.5% below the last sale price of $55,000.
When was 518 Michigan Ave built?
518 Michigan Ave was built in 1950.
How does 518 Michigan Ave compare to others on Michigan Ave?
We track 8 other properties on Michigan Ave. Browse the list under "Other properties on Michigan Ave" to compare beds, baths, and sale history.
What are the property facts for 518 Michigan Ave?
518 Michigan Ave is a 2 bed, 1 bath, 1,584 sqft, 6,925 sqft lot single_family.
Is 518 Michigan Ave a flip candidate?
No — 518 Michigan Ave does not appear in our flips dataset.
Is 518 Michigan Ave a tax-appeal candidate?
No — 518 Michigan Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.1%
Implied 1-yr
+8.2%
2026 Q3
$224.7K
2026 Q4
$228.7K
ZIP 49707 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Michigan Ave