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1946 McRae Dr

Cheboygan, MI 49721

3 bd 3 ba 3,136 sqft Built 1972 single_family
Most recent sale
$400,000
Apr 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 16, 2022 Sold $485,000 Waterwonderland
Apr 18, 2022 Sold $400,000 MLS #201818222

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $105,500 $1,549
2020 $104,100 $4,126
2019 $103,100 $2,190
2018 $110,700 $2,187
2017 $102,400 $2,056
2016 $100,200 $2,023
2015 $102,900 $2,020
2014 $104,600 $1,988
2013 $96,400 $1,879
2012 $100,100 $1,281
2011 $101,800 $1,245
2010 $112,600 $1,220
2009 $118,000 $1,199
2006 $114,800 $535

Property facts

Year built
1972
Property type
single_family
Stories
Beds
3
Baths
3
Living area
3,136 sqft
Lot size
ZIP code
49721
City
Cheboygan
Street
McRae Dr
Coordinates
45.60303, -84.45547

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,704
Gross rental yield
14.11%
Implied cap rate
9.17%
Trend-extrapolated value

Frequently asked questions

When did 1946 McRae Dr last sell?
1946 McRae Dr most recently sold on Apr 18, 2022 for $400,000.
What is the current tax assessment for 1946 McRae Dr?
The most recent total assessment for 1946 McRae Dr (year 2021) is $105,500 with $1,549 in property tax.
How does 1946 McRae Dr's assessment compare to its last sale price?
The current assessment is 73.6% below the last sale price of $400,000.
When was 1946 McRae Dr built?
1946 McRae Dr was built in 1972.
How does 1946 McRae Dr compare to others on McRae Dr?
We track 2 other properties on McRae Dr. Browse the list under "Other properties on McRae Dr" to compare beds, baths, and sale history.
What are the property facts for 1946 McRae Dr?
1946 McRae Dr is a 3 bed, 3 bath, 3,136 sqft single_family.
Is 1946 McRae Dr a flip candidate?
Yes — 1946 McRae Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1946 McRae Dr a tax-appeal candidate?
No — 1946 McRae Dr 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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