1206 Water St
Eaton Rapids, MI 48827
2 bd 2 ba 1,006 sqft Built 1920 Lot 7,405 sqft single_family
Most recent sale
$134,000
Apr 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 28, 2025 | Sold | $168,000 | GreaterLansingArea |
| Apr 12, 2022 | Sold | $134,000 | MLS #259839 |
| Dec 27, 2021 | Price changed | $137,900 | MLS #259839 |
| Oct 15, 2021 | Price changed | $139,900 | MLS #259839 |
| Oct 1, 2021 | Price changed | $142,900 | MLS #259839 |
| Sep 21, 2021 | Listed | $149,900 | MLS #259839 |
| Dec 2, 2015 | Sold | $74,090 | MLS #75543 |
| Oct 1, 2015 | Listed | $74,900 | MLS #75543 |
| Aug 11, 2015 | Listing removed | $74,900 | GreaterLansingArea |
| Jul 16, 2015 | Price changed | $77,500 | MLS #68681 |
| May 5, 2015 | Price changed | $79,900 | MLS #68681 |
| Mar 31, 2015 | Listed | $82,900 | MLS #68681 |
| Apr 23, 1997 | Sold | $77,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $48,600 | $1,518 |
| 2020 | — | — | $47,300 | $2,017 |
| 2019 | — | — | $51,500 | $2,121 |
| 2018 | — | — | $51,480 | $1,544 |
| 2017 | — | — | $49,500 | $1,982 |
| 2011 | — | — | $49,000 | $1,869 |
| 2010 | — | — | $49,000 | $1,894 |
| 2009 | — | — | $54,400 | $1,949 |
| 2008 | — | — | $58,800 | $1,850 |
| 2007 | — | — | $58,800 | $1,819 |
| 2006 | — | — | $57,600 | $1,772 |
Property facts
Year built
1920
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,006 sqft
Lot size
7,405 sqft
ZIP code
48827
City
Eaton Rapids
Street
Water St
Coordinates
42.50253, -84.65074
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,509
Gross rental yield
13.51%
Implied cap rate
8.78%
Trend-extrapolated value
—
Frequently asked questions
When did 1206 Water St last sell?
1206 Water St most recently sold on Apr 12, 2022 for $134,000.
What is the current tax assessment for 1206 Water St?
The most recent total assessment for 1206 Water St (year 2021) is $48,600 with $1,518 in property tax.
How does 1206 Water St's assessment compare to its last sale price?
The current assessment is 63.7% below the last sale price of $134,000.
When was 1206 Water St built?
1206 Water St was built in 1920.
How does 1206 Water St compare to others on Water St?
We track 8 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 1206 Water St?
1206 Water St is a 2 bed, 2 bath, 1,006 sqft, 7,405 sqft lot single_family.
Is 1206 Water St a flip candidate?
No — 1206 Water St does not appear in our flips dataset.
Is 1206 Water St a tax-appeal candidate?
No — 1206 Water 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 Water St