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324 Michigan Ave

Colon, MI 49040

2 bd 1 ba 1,200 sqft Built 1960 Lot 19,602 sqft single_family
Most recent sale
$132,000
Jun 4, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 7, 2022 Price changed $147,900 MLS #1897069
Apr 6, 2022 Price changed $147,900 MLS #22001182
Feb 23, 2022 Listed $149,900 MLS #1897069
Jan 13, 2022 Listed $149,900 MLS #22001182
Jun 4, 2021 Sold $132,000 Public Record
May 28, 2021 Sold $132,000 MichRic
Nov 24, 2020 Sold $116,500 Public Record
Oct 30, 2020 Sold $116,500 MichRic

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $40,700 $393
2019 $34,600 $301
2018 $31,100 $1,110
2017 $32,000 $1,084
2015 $29,900 $765
2014 $30,500 $1,142
2013 $26,000 $375
2009 $42,800 $513

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,200 sqft
Lot size
19,602 sqft
ZIP code
49040
City
Colon
Street
Michigan Ave
Coordinates
41.95340, -85.31712

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
$792
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 324 Michigan Ave last sell?
324 Michigan Ave most recently sold on Jun 4, 2021 for $132,000.
What is the current tax assessment for 324 Michigan Ave?
The most recent total assessment for 324 Michigan Ave (year 2020) is $40,700 with $393 in property tax.
How does 324 Michigan Ave's assessment compare to its last sale price?
The current assessment is 69.2% below the last sale price of $132,000.
When was 324 Michigan Ave built?
324 Michigan Ave was built in 1960.
How does 324 Michigan Ave compare to others on Michigan Ave?
We track 7 other properties on Michigan Ave. Browse the list under "Other properties on Michigan Ave" to compare beds, baths, and sale history.
What are the property facts for 324 Michigan Ave?
324 Michigan Ave is a 2 bed, 1 bath, 1,200 sqft, 19,602 sqft lot single_family.
Is 324 Michigan Ave a flip candidate?
No — 324 Michigan Ave does not appear in our flips dataset.
Is 324 Michigan Ave a tax-appeal candidate?
No — 324 Michigan Ave 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
+11.0%
Implied 1-yr
+43.9%
2025 Q4
$498.8K
2026 Q1
$498.8K
ZIP 49040 — Median Price History + Forecast

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