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511 Bailey St

Cheboygan, MI 49721

1 bd 1 ba 844 sqft single_family
Most recent sale
$54,000
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 10, 2022 Sold $54,000 MLS #201819138
Nov 1, 2017 Sold $33,000 MLS #237837
Jul 15, 2005 Sold $33,000 Public Record
Jul 14, 2005 Listed $35,000 MLS #237837

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $20,500 $783
2020 $16,200 $885
2019 $15,800 $864
2018 $15,000 $842
2017 $15,000 $817
2016 $15,300 $809
2015 $14,700 $802
2014 $13,900 $796
2013 $13,200 $767
2012 $14,800 $778
2011 $15,300 $751
2010 $15,200 $504
2009 $17,800 $500
2006 $7,700 $211

Property facts

Year built
Property type
single_family
Stories
2
Beds
1
Baths
1
Living area
844 sqft
Lot size
ZIP code
49721
City
Cheboygan
Street
Bailey St
Coordinates
45.64880, -84.48020

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
$324
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 511 Bailey St last sell?
511 Bailey St most recently sold on Jun 10, 2022 for $54,000.
What is the current tax assessment for 511 Bailey St?
The most recent total assessment for 511 Bailey St (year 2021) is $20,500 with $783 in property tax.
How does 511 Bailey St's assessment compare to its last sale price?
The current assessment is 62.0% below the last sale price of $54,000.
When was 511 Bailey St built?
The year built for 511 Bailey St is not in our records.
How does 511 Bailey St compare to others on Bailey St?
We track 8 other properties on Bailey St. Browse the list under "Other properties on Bailey St" to compare beds, baths, and sale history.
What are the property facts for 511 Bailey St?
511 Bailey St is a 1 bed, 1 bath, 844 sqft single_family.
Is 511 Bailey St a flip candidate?
No — 511 Bailey St does not appear in our flips dataset.
Is 511 Bailey St a tax-appeal candidate?
No — 511 Bailey 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
$172.9K
2026 Q4
$169.4K
ZIP 49721 — Median Price History + Forecast

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