431 Railroad St
Chelsea, MI 48118
2 bd 1 ba 1,232 sqft Built 1900 Lot 15,246 sqft single_family
Most recent sale
$155,000
Sep 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 11, 2025 | Sold | $232,500 | MichRic |
| Sep 13, 2022 | Sold | $155,000 | Public Record |
| Sep 9, 2022 | Sold | $150,000 | Realcomp |
| Jul 12, 2022 | Listed | $160,000 | MLS #20221017563 |
| Mar 27, 2007 | Sold | $149,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $100,800 | $1,545 |
| 2020 | — | — | $97,000 | $2,933 |
| 2019 | — | — | $100,800 | $2,862 |
Property facts
Year built
1900
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,232 sqft
Lot size
15,246 sqft
ZIP code
48118
City
Chelsea
Street
Railroad St
Coordinates
42.32123, -84.01365
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,848
Gross rental yield
14.31%
Implied cap rate
9.30%
Trend-extrapolated value
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Frequently asked questions
When did 431 Railroad St last sell?
431 Railroad St most recently sold on Sep 13, 2022 for $155,000.
What is the current tax assessment for 431 Railroad St?
The most recent total assessment for 431 Railroad St (year 2021) is $100,800 with $1,545 in property tax.
How does 431 Railroad St's assessment compare to its last sale price?
The current assessment is 35.0% below the last sale price of $155,000.
When was 431 Railroad St built?
431 Railroad St was built in 1900.
How does 431 Railroad St compare to others on Railroad St?
We track 7 other properties on Railroad St. Browse the list under "Other properties on Railroad St" to compare beds, baths, and sale history.
What are the property facts for 431 Railroad St?
431 Railroad St is a 2 bed, 1 bath, 1,232 sqft, 15,246 sqft lot single_family.
Is 431 Railroad St a flip candidate?
No — 431 Railroad St does not appear in our flips dataset.
Is 431 Railroad St a tax-appeal candidate?
No — 431 Railroad St 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 Railroad St