506 Lake St
Eaton Rapids, MI 48827
2 bd 1 ba 918 sqft Built 1870 Lot 69,696 sqft single_family
Most recent sale
$30,000
Jul 21, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 21, 2022 | Listed | $140,000 | MLS #268704 |
| Jul 21, 2021 | Sold | $30,000 | MLS #255794 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $19,700 | $746 |
| 2020 | — | — | $18,100 | $772 |
| 2019 | — | — | $19,900 | $853 |
| 2018 | — | — | $34,580 | $1,351 |
| 2017 | — | — | $33,250 | $1,292 |
| 2011 | — | — | $32,900 | $1,252 |
| 2010 | — | — | $32,900 | $1,247 |
| 2009 | — | — | $36,600 | $1,251 |
| 2008 | — | — | $39,600 | $1,188 |
| 2007 | — | — | $39,600 | $1,170 |
Property facts
Year built
1870
Property type
single_family
Stories
—
Beds
2
Baths
1
Living area
918 sqft
Lot size
69,696 sqft
ZIP code
48827
City
Eaton Rapids
Street
Lake St
Coordinates
42.51573, -84.66334
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$180
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Lake St last sell?
506 Lake St most recently sold on Jul 21, 2021 for $30,000.
What is the current tax assessment for 506 Lake St?
The most recent total assessment for 506 Lake St (year 2021) is $19,700 with $746 in property tax.
How does 506 Lake St's assessment compare to its last sale price?
The current assessment is 34.3% below the last sale price of $30,000.
When was 506 Lake St built?
506 Lake St was built in 1870.
How does 506 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 506 Lake St?
506 Lake St is a 2 bed, 1 bath, 918 sqft, 69,696 sqft lot single_family.
Is 506 Lake St a flip candidate?
No — 506 Lake St does not appear in our flips dataset.
Is 506 Lake St a tax-appeal candidate?
No — 506 Lake St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.7%
Implied 1-yr
-6.7%
2026 Q2
$173.4K
2026 Q3
$170.2K
ZIP 48827 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake St