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507 Railroad St

Dowagiac, MI 49047

3 bd 2 ba 1,296 sqft Built 1900 Lot 9,503 sqft single_family
Most recent sale
$159,900
Jul 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 25, 2022 Sold $159,900 Public Record
Jul 13, 2022 Sold $159,900 MichRic
May 5, 2022 Listed $159,900 MLS #22016376
Feb 22, 2009 Listing removed $39,900 MichRic
Dec 20, 2008 Listing removed $39,900 MichRic
Oct 14, 2008 Listed $39,900 MLS #2842511

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $43,700 $980
2020 $40,400 $966
2019 $36,400 $1,413
2018 $32,400 $1,386
2017 $31,000 $1,198
2016 $29,800 $1,685
2015 $30,500 $1,591
2014 $27,900 $1,553
2013 $27,600 $1,592
2012 $26,300 $1,505
2011 $29,100 $1,144
2010 $29,500 $1,083
2009 $39,800 $887
2008 $36,400 $845

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,296 sqft
Lot size
9,503 sqft
ZIP code
49047
City
Dowagiac
Street
Railroad St
Coordinates
41.98959, -86.10114

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
$959
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 507 Railroad St last sell?
507 Railroad St most recently sold on Jul 25, 2022 for $159,900.
What is the current tax assessment for 507 Railroad St?
The most recent total assessment for 507 Railroad St (year 2021) is $43,700 with $980 in property tax.
How does 507 Railroad St's assessment compare to its last sale price?
The current assessment is 72.7% below the last sale price of $159,900.
When was 507 Railroad St built?
507 Railroad St was built in 1900.
How does 507 Railroad St compare to others on Railroad St?
We track 8 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 507 Railroad St?
507 Railroad St is a 3 bed, 2 bath, 1,296 sqft, 9,503 sqft lot single_family.
Is 507 Railroad St a flip candidate?
No — 507 Railroad St does not appear in our flips dataset.
Is 507 Railroad St a tax-appeal candidate?
No — 507 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
+8.0%
Implied 1-yr
+32.1%
2026 Q3
$428.4K
2026 Q4
$451K
ZIP 49047 — Median Price History + Forecast

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