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502 Main St

Eaton Rapids, MI 48827

5 bd 4 ba 5,178 sqft Built 1927 Lot 20,038 sqft single_family
Most recent sale
$290,000
Feb 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 17, 2026 Listed $370,000 GreaterLansingArea
Feb 23, 2026 Price changed $375,000 GreaterLansingArea
Oct 9, 2025 Price changed $380,000 GreaterLansingArea
Sep 26, 2025 Price changed $394,000 GreaterLansingArea
Sep 11, 2025 Price changed $399,000 GreaterLansingArea
Aug 22, 2025 Price changed $419,000 GreaterLansingArea
Jul 3, 2025 Listed $429,900 GreaterLansingArea
Feb 25, 2022 Sold $290,000 MLS #258637
Aug 26, 2021 Listed $350,000 MLS #258637
Sep 1, 1994 Sold $130,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $141,600 $5,324
2020 $138,900 $5,507
2019 $126,700 $5,433
2018 $143,988 $4,193
2017 $138,450 $5,382
2011 $137,100 $5,230
2010 $137,100 $5,299
2009 $152,300 $5,887
2008 $164,600 $5,913
2007 $164,600 $5,805
2006 $161,400 $5,647

Property facts

Year built
1927
Property type
single_family
Stories
3
Beds
5
Baths
4
Living area
5,178 sqft
Lot size
20,038 sqft
ZIP code
48827
City
Eaton Rapids
Street
Main St
Coordinates
42.50851, -84.65641

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,740
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 502 Main St last sell?
502 Main St most recently sold on Feb 25, 2022 for $290,000.
What is the current tax assessment for 502 Main St?
The most recent total assessment for 502 Main St (year 2021) is $141,600 with $5,324 in property tax.
How does 502 Main St's assessment compare to its last sale price?
The current assessment is 51.2% below the last sale price of $290,000.
When was 502 Main St built?
502 Main St was built in 1927.
How does 502 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 502 Main St?
502 Main St is a 5 bed, 4 bath, 5,178 sqft, 20,038 sqft lot single_family.
Is 502 Main St a flip candidate?
No — 502 Main St does not appear in our flips dataset.
Is 502 Main St a tax-appeal candidate?
No — 502 Main 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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