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7498 Straits Hwy

Cheboygan, MI 49721

3 bd 2 ba 3,476 sqft Built 2001 Lot 87,120 sqft single_family
Most recent sale
$280,000
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 9, 2022 Sold $280,000 MLS #201819889
Jul 25, 2022 Price changed $299,000 MLS #201819889
Jul 12, 2022 Listed $320,000 MLS #201819889
Nov 19, 2018 Sold $185,000 MLS #316414
Oct 10, 2018 Listed $185,000 MLS #316414
Nov 1, 2017 Sold $134,500 MLS #12055
Aug 4, 2006 Sold $178,351 Public Record
Aug 4, 2006 Listed $179,900 MLS #245655
Feb 24, 2003 Listed $170,000 MLS #224307
Feb 24, 2003 Sold $164,900 Public Record
Nov 27, 2001 Listed $142,500 MLS #12055
Nov 26, 2001 Sold $134,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $93,700 $1,210
2020 $81,300 $1,933
2019 $83,100 $1,954
2018 $77,100 $1,633
2017 $76,700 $1,539
2016 $78,200 $1,519
2015 $80,200 $1,454
2014 $70,700 $1,427
2013 $64,900 $1,346
2012 $69,000 $1,437
2011 $72,700 $1,510
2010 $78,100 $1,615
2009 $85,900 $1,741
2006 $86,300 $700

Property facts

Year built
2001
Property type
single_family
Stories
Beds
3
Baths
2
Living area
3,476 sqft
Lot size
87,120 sqft
ZIP code
49721
City
Cheboygan
Street
Straits Hwy
Coordinates
45.57059, -84.52000

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,680
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7498 Straits Hwy last sell?
7498 Straits Hwy most recently sold on Sep 9, 2022 for $280,000.
What is the current tax assessment for 7498 Straits Hwy?
The most recent total assessment for 7498 Straits Hwy (year 2021) is $93,700 with $1,210 in property tax.
How does 7498 Straits Hwy's assessment compare to its last sale price?
The current assessment is 66.5% below the last sale price of $280,000.
When was 7498 Straits Hwy built?
7498 Straits Hwy was built in 2001.
How does 7498 Straits Hwy compare to others on Straits Hwy?
We track 8 other properties on Straits Hwy. Browse the list under "Other properties on Straits Hwy" to compare beds, baths, and sale history.
What are the property facts for 7498 Straits Hwy?
7498 Straits Hwy is a 3 bed, 2 bath, 3,476 sqft, 87,120 sqft lot single_family.
Is 7498 Straits Hwy a flip candidate?
No — 7498 Straits Hwy does not appear in our flips dataset.
Is 7498 Straits Hwy a tax-appeal candidate?
No — 7498 Straits Hwy 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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