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7568 Mester Rd

Chelsea, MI 48118

3 bd 2 ba 1,764 sqft Built 1980 Lot 400,752 sqft single_family
Most recent sale
$400,000
Dec 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 7, 2022 Listing removed $420,000 AnnArbor
Dec 15, 2021 Sold $400,000 MLS #3284968

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $107,900 $796
2020 $100,600 $2,976
2019 $97,300 $776
2018 $95,500 $2,042
2017 $89,200 $2,473
2016 $82,200 $742
2015 $75,500 $2,354
2014 $84,300 $2,711

Property facts

Year built
1980
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,764 sqft
Lot size
400,752 sqft
ZIP code
48118
City
Chelsea
Street
Mester Rd
Coordinates
42.34977, -84.03569

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
$2,646
Gross rental yield
7.94%
Implied cap rate
5.16%
Trend-extrapolated value

Frequently asked questions

When did 7568 Mester Rd last sell?
7568 Mester Rd most recently sold on Dec 15, 2021 for $400,000.
What is the current tax assessment for 7568 Mester Rd?
The most recent total assessment for 7568 Mester Rd (year 2021) is $107,900 with $796 in property tax.
How does 7568 Mester Rd's assessment compare to its last sale price?
The current assessment is 73.0% below the last sale price of $400,000.
When was 7568 Mester Rd built?
7568 Mester Rd was built in 1980.
How does 7568 Mester Rd compare to others on Mester Rd?
We track 8 other properties on Mester Rd. Browse the list under "Other properties on Mester Rd" to compare beds, baths, and sale history.
What are the property facts for 7568 Mester Rd?
7568 Mester Rd is a 3 bed, 2 bath, 1,764 sqft, 400,752 sqft lot single_family.
Is 7568 Mester Rd a flip candidate?
No — 7568 Mester Rd does not appear in our flips dataset.
Is 7568 Mester Rd a tax-appeal candidate?
No — 7568 Mester 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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