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2531 Emerald Ave

Ann Arbor, MI 48104

4 bd 2 ba 1,392 sqft Built 1971 Lot 8,712 sqft single_family
Most recent sale
$300,000
May 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 15, 2022 Sold $425,000 Realcomp
Oct 12, 2022 Relisted $425,000 MLS #20221042046
Sep 15, 2022 Listed $425,000 MLS #20221042046
Jul 18, 2022 Price changed $350,000 MLS #2220042866
Jun 20, 2022 Listed $359,000 MLS #2220042866
May 24, 2022 Sold $300,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $161,200 $3,789
2020 $153,800 $4,311
2019 $148,700 $4,103
2018 $143,200 $4,045
2017 $135,800 $3,935
2016 $130,800 $3,797
2015 $121,700 $3,671
2014 $109,700 $3,616
2013 $108,200 $3,457
2012 $103,500 $3,423
2011 $100,000 $3,307
2010 $98,700 $3,261
2009 $108,000 $3,253
2008 $116,000 $2,806

Property facts

Year built
1971
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,392 sqft
Lot size
8,712 sqft
ZIP code
48104
City
Ann Arbor
Street
Emerald Ave
Coordinates
42.25231, -83.71908

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
$2,088
Gross rental yield
8.35%
Implied cap rate
5.43%
Trend-extrapolated value

Frequently asked questions

When did 2531 Emerald Ave last sell?
2531 Emerald Ave most recently sold on May 24, 2022 for $300,000.
What is the current tax assessment for 2531 Emerald Ave?
The most recent total assessment for 2531 Emerald Ave (year 2021) is $161,200 with $3,789 in property tax.
How does 2531 Emerald Ave's assessment compare to its last sale price?
The current assessment is 46.3% below the last sale price of $300,000.
When was 2531 Emerald Ave built?
2531 Emerald Ave was built in 1971.
How does 2531 Emerald Ave compare to others on Emerald Ave?
We track 4 other properties on Emerald Ave. Browse the list under "Other properties on Emerald Ave" to compare beds, baths, and sale history.
What are the property facts for 2531 Emerald Ave?
2531 Emerald Ave is a 4 bed, 2 bath, 1,392 sqft, 8,712 sqft lot single_family.
Is 2531 Emerald Ave a flip candidate?
Yes — 2531 Emerald Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2531 Emerald Ave a tax-appeal candidate?
No — 2531 Emerald Ave 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
-0.3%
Implied 1-yr
-1.3%
2026 Q3
$612.1K
2026 Q4
$610.2K
ZIP 48104 — Median Price History + Forecast

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