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500 Lake St

Eaton Rapids, MI 48827

3 bd 2 ba 1,224 sqft Built 1985 Lot 36,155 sqft single_family
Most recent sale
$49,000
Oct 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 3, 2023 Sold $49,000 Public Record
Oct 28, 2022 Sold $49,000 MLS #269465
Oct 20, 2022 Listed $55,000 MLS #269465

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $45,700 $887
2020 $43,400 $1,180
2019 $42,500 $1,164
2018 $29,068 $1,137
2017 $27,950 $1,088
2011 $27,700 $949
2010 $27,700 $945
2009 $30,800 $948
2008 $33,300 $901
2007 $33,300 $885

Property facts

Year built
1985
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,224 sqft
Lot size
36,155 sqft
ZIP code
48827
City
Eaton Rapids
Street
Lake St
Coordinates
42.51552, -84.66280

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$294
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 500 Lake St last sell?
500 Lake St most recently sold on Oct 28, 2022 for $49,000.
What is the current tax assessment for 500 Lake St?
The most recent total assessment for 500 Lake St (year 2021) is $45,700 with $887 in property tax.
How does 500 Lake St's assessment compare to its last sale price?
The current assessment is 6.7% below the last sale price of $49,000.
When was 500 Lake St built?
500 Lake St was built in 1985.
How does 500 Lake St compare to others on Lake St?
We track 7 other properties on Lake St. Browse the list under "Other properties on Lake St" to compare beds, baths, and sale history.
What are the property facts for 500 Lake St?
500 Lake St is a 3 bed, 2 bath, 1,224 sqft, 36,155 sqft lot single_family.
Is 500 Lake St a flip candidate?
No — 500 Lake St does not appear in our flips dataset.
Is 500 Lake St a tax-appeal candidate?
No — 500 Lake 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
-1.7%
Implied 1-yr
-6.7%
2026 Q2
$173.4K
2026 Q3
$170.2K
ZIP 48827 — Median Price History + Forecast

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