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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

DateEventPriceSource
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

YearBuildingLandTotal assessedTax 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 advice
Estimated monthly rent
$1,848
Gross rental yield
14.31%
Implied cap rate
9.30%
Trend-extrapolated value

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 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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