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427 7th St

Ann Arbor, MI 48103

2 bd 1 ba 869 sqft Built 1968 condos
Most recent sale
$345,250
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 18, 2022 Listing removed $349,000 AnnArbor
May 20, 2022 Sold $345,250 MLS #3286558
Mar 15, 2022 Listed $349,000 MLS #3286558
Jan 21, 2022 Listed $349,000 MLS #3285737

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $162,900 $7,438
2024 $162,900 $8,645
2023 $157,000 $1,149
2022 $156,100 $2,380
2021 $78,600 $3,018

Property facts

Year built
1968
Property type
condos
Stories
Beds
2
Baths
1
Living area
869 sqft
Lot size
ZIP code
48103
City
Ann Arbor
Street
7th St
Coordinates
42.27707, -83.75793

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
$1,304
Gross rental yield
4.53%
Implied cap rate
2.95%
Trend-extrapolated value

Frequently asked questions

When did 427 7th St last sell?
427 7th St most recently sold on May 20, 2022 for $345,250.
What is the current tax assessment for 427 7th St?
The most recent total assessment for 427 7th St (year 2025) is $162,900 with $7,438 in property tax.
How does 427 7th St's assessment compare to its last sale price?
The current assessment is 52.8% below the last sale price of $345,250.
When was 427 7th St built?
427 7th St was built in 1968.
How does 427 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 427 7th St?
427 7th St is a 2 bed, 1 bath, 869 sqft condos.
Is 427 7th St a flip candidate?
No — 427 7th St does not appear in our flips dataset.
Is 427 7th St a tax-appeal candidate?
No — 427 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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