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470 Elm St

Chelsea, MI 48118

4 bd 3 ba 2,169 sqft Built 2017 Lot 7,405 sqft single_family
Most recent sale
$360,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $360,000 MLS #3290388
Sep 13, 2022 Price changed $365,000 MLS #3290388
Aug 20, 2022 Listed $370,000 MLS #3290388
Dec 30, 2020 Sold $309,000 MLS #3276794
Nov 5, 2020 Price changed $314,999 MLS #2200078674
Oct 13, 2020 Sold $272,000 Public Record
Oct 4, 2020 Price changed $327,500 MLS #2200078674
Sep 23, 2020 Listed $339,999 MLS #2200078674
Mar 3, 2017 Sold $275,250 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $159,400 $4,171
2020 $151,000 $6,392
2019 $135,000 $6,238

Property facts

Year built
2017
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,169 sqft
Lot size
7,405 sqft
ZIP code
48118
City
Chelsea
Street
Elm St
Coordinates
42.32511, -84.01197

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
$3,254
Gross rental yield
10.85%
Implied cap rate
7.05%
Trend-extrapolated value

Frequently asked questions

When did 470 Elm St last sell?
470 Elm St most recently sold on Oct 14, 2022 for $360,000.
What is the current tax assessment for 470 Elm St?
The most recent total assessment for 470 Elm St (year 2021) is $159,400 with $4,171 in property tax.
How does 470 Elm St's assessment compare to its last sale price?
The current assessment is 55.7% below the last sale price of $360,000.
When was 470 Elm St built?
470 Elm St was built in 2017.
How does 470 Elm St compare to others on Elm St?
We track 8 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 470 Elm St?
470 Elm St is a 4 bed, 3 bath, 2,169 sqft, 7,405 sqft lot single_family.
Is 470 Elm St a flip candidate?
No — 470 Elm St does not appear in our flips dataset.
Is 470 Elm St a tax-appeal candidate?
No — 470 Elm 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
+7.1%
2026 Q2
$404.2K
2026 Q3
$410.7K
ZIP 48118 — Median Price History + Forecast

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