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501 Bruce St

Ann Arbor, MI 48103

4 bd 2 ba 1,300 sqft Built 1950 Lot 6,970 sqft single_family
Most recent sale
$295,000
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2022 Sold $295,000 MLS #3289540
Jul 15, 2022 Listed $275,000 MLS #3289540

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $153,000 $4,083
2020 $155,000 $4,646
2019 $139,000 $4,421
2018 $130,800 $4,359
2017 $128,500 $4,240
2016 $117,900 $4,091
2015 $106,200 $3,955
2014 $100,800 $3,896
2013 $93,400 $3,725
2012 $86,000 $3,688
2011 $85,200 $3,563
2010 $91,600 $3,513
2009 $64,700 $2,953
2008 $100,100 $3,023

Property facts

Year built
1950
Property type
single_family
Stories
Beds
4
Baths
2
Living area
1,300 sqft
Lot size
6,970 sqft
ZIP code
48103
City
Ann Arbor
Street
Bruce St
Coordinates
42.28702, -83.77339

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,950
Gross rental yield
7.93%
Implied cap rate
5.16%
Trend-extrapolated value

Frequently asked questions

When did 501 Bruce St last sell?
501 Bruce St most recently sold on Aug 8, 2022 for $295,000.
What is the current tax assessment for 501 Bruce St?
The most recent total assessment for 501 Bruce St (year 2021) is $153,000 with $4,083 in property tax.
How does 501 Bruce St's assessment compare to its last sale price?
The current assessment is 48.1% below the last sale price of $295,000.
When was 501 Bruce St built?
501 Bruce St was built in 1950.
How does 501 Bruce St compare to others on Bruce St?
We track 8 other properties on Bruce St. Browse the list under "Other properties on Bruce St" to compare beds, baths, and sale history.
What are the property facts for 501 Bruce St?
501 Bruce St is a 4 bed, 2 bath, 1,300 sqft, 6,970 sqft lot single_family.
Is 501 Bruce St a flip candidate?
No — 501 Bruce St does not appear in our flips dataset.
Is 501 Bruce St a tax-appeal candidate?
No — 501 Bruce 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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