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512 2nd St

Ann Arbor, MI 48103

3 bd 2 ba 1,584 sqft Built 1871 Lot 8,712 sqft single_family
Most recent sale
$850,000
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 31, 2022 Sold $850,000 MLS #3289737
Jul 21, 2022 Listed $850,000 MLS #3289737
May 16, 2006 Sold $400,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $205,200 $6,626
2020 $199,900 $7,540
2019 $194,800 $7,175
2018 $183,100 $7,074
2017 $176,100 $6,882
2016 $156,800 $6,639
2015 $151,300 $6,419
2014 $150,200 $6,323
2013 $137,800 $6,045
2012 $129,800 $5,986
2011 $128,300 $5,870
2010 $128,000 $5,846
2009 $127,800 $5,833
2008 $132,500 $5,445

Property facts

Year built
1871
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,584 sqft
Lot size
8,712 sqft
ZIP code
48103
City
Ann Arbor
Street
2nd St
Coordinates
42.27548, -83.75268

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,100
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 512 2nd St last sell?
512 2nd St most recently sold on Aug 31, 2022 for $850,000.
What is the current tax assessment for 512 2nd St?
The most recent total assessment for 512 2nd St (year 2021) is $205,200 with $6,626 in property tax.
How does 512 2nd St's assessment compare to its last sale price?
The current assessment is 75.9% below the last sale price of $850,000.
When was 512 2nd St built?
512 2nd St was built in 1871.
How does 512 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 512 2nd St?
512 2nd St is a 3 bed, 2 bath, 1,584 sqft, 8,712 sqft lot single_family.
Is 512 2nd St a flip candidate?
No — 512 2nd St does not appear in our flips dataset.
Is 512 2nd St a tax-appeal candidate?
No — 512 2nd 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
+1.8%
Implied 1-yr
+7.2%
2026 Q3
$666.5K
2026 Q4
$677.3K
ZIP 48103 — Median Price History + Forecast

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