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1075 Lima Center Rd

Chelsea, MI 48118

3 bd 2 ba 1,200 sqft Built 1988 Lot 440,827 sqft single_family
Most recent sale
$217,000
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2022 Sold $217,000 MLS #3287330
Apr 15, 2022 Listed $175,000 MLS #3287330

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $170,500 $1,440
2024 $170,500 $7,180
2023 $127,500 $1,332
2022 $126,800 $2,834
2021 $122,700 $787
2020 $115,400 $2,728
2019 $110,000 $2,653
2018 $107,900 $2,570
2017 $107,800 $1,713

Property facts

Year built
1988
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,200 sqft
Lot size
440,827 sqft
ZIP code
48118
City
Chelsea
Street
Lima Center Rd
Coordinates
42.27626, -83.95376

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,800
Gross rental yield
9.95%
Implied cap rate
6.47%
Trend-extrapolated value

Frequently asked questions

When did 1075 Lima Center Rd last sell?
1075 Lima Center Rd most recently sold on May 13, 2022 for $217,000.
What is the current tax assessment for 1075 Lima Center Rd?
The most recent total assessment for 1075 Lima Center Rd (year 2025) is $170,500 with $1,440 in property tax.
How does 1075 Lima Center Rd's assessment compare to its last sale price?
The current assessment is 21.4% below the last sale price of $217,000.
When was 1075 Lima Center Rd built?
1075 Lima Center Rd was built in 1988.
How does 1075 Lima Center Rd compare to others on Lima Center Rd?
We track 8 other properties on Lima Center Rd. Browse the list under "Other properties on Lima Center Rd" to compare beds, baths, and sale history.
What are the property facts for 1075 Lima Center Rd?
1075 Lima Center Rd is a 3 bed, 2 bath, 1,200 sqft, 440,827 sqft lot single_family.
Is 1075 Lima Center Rd a flip candidate?
No — 1075 Lima Center Rd does not appear in our flips dataset.
Is 1075 Lima Center Rd a tax-appeal candidate?
No — 1075 Lima Center Rd 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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