581 Park Lane Rd
Chelsea, MI 48118
5 bd 4 ba 2,937 sqft Built 2002 Lot 8,995 sqft single_family
Most recent sale
$560,000
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2022 | Sold | $560,000 | MLS #3286989 |
| Apr 4, 2022 | Listed | $499,000 | MLS #3286989 |
| Feb 7, 2018 | Sold | $382,500 | MLS #3243199 |
| Nov 29, 2016 | Sold | $382,500 | Public Record |
| Nov 9, 2016 | Sold | $382,500 | MichRic |
| Sep 22, 2016 | Price changed | $384,900 | MLS #3243199 |
| Aug 25, 2016 | Price changed | $389,900 | MLS #3243199 |
| Aug 15, 2016 | Listed | $394,900 | MLS #3243199 |
| Nov 13, 2007 | Sold | $305,000 | Public Record |
| Aug 24, 2007 | Sold | $319,000 | Public Record |
| Jun 17, 2002 | Sold | $336,500 | Public Record |
| Apr 30, 2002 | Sold | $65,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $222,700 | $5,673 |
| 2020 | — | — | $217,300 | $10,488 |
| 2019 | — | — | $214,800 | $10,240 |
Property facts
Year built
2002
Property type
single_family
Stories
—
Beds
5
Baths
4
Living area
2,937 sqft
Lot size
8,995 sqft
ZIP code
48118
City
Chelsea
Street
Park Lane Rd
Coordinates
42.30145, -84.00843
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,406
Gross rental yield
9.44%
Implied cap rate
6.14%
Trend-extrapolated value
—
Frequently asked questions
When did 581 Park Lane Rd last sell?
581 Park Lane Rd most recently sold on Apr 29, 2022 for $560,000.
What is the current tax assessment for 581 Park Lane Rd?
The most recent total assessment for 581 Park Lane Rd (year 2021) is $222,700 with $5,673 in property tax.
How does 581 Park Lane Rd's assessment compare to its last sale price?
The current assessment is 60.2% below the last sale price of $560,000.
When was 581 Park Lane Rd built?
581 Park Lane Rd was built in 2002.
How does 581 Park Lane Rd compare to others on Park Lane Rd?
We track 8 other properties on Park Lane Rd. Browse the list under "Other properties on Park Lane Rd" to compare beds, baths, and sale history.
What are the property facts for 581 Park Lane Rd?
581 Park Lane Rd is a 5 bed, 4 bath, 2,937 sqft, 8,995 sqft lot single_family.
Is 581 Park Lane Rd a flip candidate?
No — 581 Park Lane Rd does not appear in our flips dataset.
Is 581 Park Lane Rd a tax-appeal candidate?
No — 581 Park Lane Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.8%
Implied 1-yr
+7.1%
2026 Q2
$404.2K
2026 Q3
$410.7K
ZIP 48118 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Park Lane Rd