49959 M 51
Decatur, MI 49045
3 bd 2 ba 1,710 sqft Built 1953 Lot 261,360 sqft single_family
Most recent sale
$265,000
Apr 24, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 24, 2024 | Sold | $265,000 | MichRic |
| Mar 4, 2024 | Listed | $269,000 | MichRic |
| Mar 2, 2024 | Listing removed | — | MichRic |
| Feb 12, 2024 | Price changed | $269,000 | MichRic |
| Jan 8, 2024 | Price changed | $284,999 | MichRic |
| Dec 18, 2023 | Price changed | $289,900 | MichRic |
| Nov 3, 2023 | Price changed | $299,900 | MichRic |
| Oct 30, 2023 | Price changed | $309,900 | MichRic |
| Oct 10, 2023 | Listed | $319,900 | MichRic |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $61,200 | $1,639 |
| 2021 | — | — | $55,700 | $1,601 |
| 2020 | — | — | $51,500 | $1,571 |
| 2019 | — | — | $51,200 | $1,459 |
| 2018 | — | — | $48,100 | $1,438 |
| 2017 | — | — | $45,800 | $1,447 |
| 2016 | — | — | $45,800 | $1,433 |
| 2015 | — | — | $41,600 | $417 |
| 2014 | — | — | $41,200 | $1,398 |
| 2013 | — | — | $38,200 | $1,359 |
Property facts
Year built
1953
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,710 sqft
Lot size
261,360 sqft
ZIP code
49045
City
Decatur
Street
M 51
Coordinates
42.09780, -86.03020
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,565
Gross rental yield
11.62%
Implied cap rate
7.55%
Trend-extrapolated value
—
Frequently asked questions
When did 49959 M 51 last sell?
49959 M 51 most recently sold on Apr 24, 2024 for $265,000.
What is the current tax assessment for 49959 M 51?
The most recent total assessment for 49959 M 51 (year 2022) is $61,200 with $1,639 in property tax.
How does 49959 M 51's assessment compare to its last sale price?
The current assessment is 76.9% below the last sale price of $265,000.
When was 49959 M 51 built?
49959 M 51 was built in 1953.
How does 49959 M 51 compare to others on M 51?
We track 8 other properties on M 51. Browse the list under "Other properties on M 51" to compare beds, baths, and sale history.
What are the property facts for 49959 M 51?
49959 M 51 is a 3 bed, 2 bath, 1,710 sqft, 261,360 sqft lot single_family.
Is 49959 M 51 a flip candidate?
No — 49959 M 51 does not appear in our flips dataset.
Is 49959 M 51 a tax-appeal candidate?
No — 49959 M 51 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.4%
Implied 1-yr
-17.5%
2026 Q2
$135.8K
2026 Q3
$135.8K
ZIP 49045 — Median Price History + Forecast
Explore nearby
Geography
Other properties on M 51