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224 7th St

Ann Arbor, MI 48103

2 bd 2 ba 1,701 sqft Built 1924 Lot 7,841 sqft single_family
Most recent sale
$410,000
Oct 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 25, 2022 Sold $410,000 MLS #3289472
Sep 7, 2022 Price changed $450,000 MLS #3289472
Jul 8, 2022 Listed $475,000 MLS #3289472
Feb 3, 2014 Sold $380,000 Public Record
Dec 20, 2013 Sold $380,000 MichRic
Aug 22, 1995 Sold $95,500 Public Record
Aug 1, 1995 Sold $95,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $187,800 $7,746
2020 $200,200 $9,705
2019 $199,500 $7,194
2018 $194,600 $7,093
2017 $173,100 $6,900
2016 $160,600 $6,657
2015 $149,200 $6,436
2014 $135,400 $6,340
2013 $134,500 $3,323
2012 $134,700 $3,290
2011 $127,100 $3,179
2010 $130,400 $3,135
2009 $132,100 $3,127
2008 $144,500 $2,697

Property facts

Year built
1924
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,701 sqft
Lot size
7,841 sqft
ZIP code
48103
City
Ann Arbor
Street
7th St
Coordinates
42.28385, -83.75840

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,552
Gross rental yield
7.47%
Implied cap rate
4.86%
Trend-extrapolated value

Frequently asked questions

When did 224 7th St last sell?
224 7th St most recently sold on Oct 25, 2022 for $410,000.
What is the current tax assessment for 224 7th St?
The most recent total assessment for 224 7th St (year 2021) is $187,800 with $7,746 in property tax.
How does 224 7th St's assessment compare to its last sale price?
The current assessment is 54.2% below the last sale price of $410,000.
When was 224 7th St built?
224 7th St was built in 1924.
How does 224 7th St compare to others on 7th St?
We track 8 other properties on 7th St. Browse the list under "Other properties on 7th St" to compare beds, baths, and sale history.
What are the property facts for 224 7th St?
224 7th St is a 2 bed, 2 bath, 1,701 sqft, 7,841 sqft lot single_family.
Is 224 7th St a flip candidate?
No — 224 7th St does not appear in our flips dataset.
Is 224 7th St a tax-appeal candidate?
No — 224 7th 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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