1407 Water St
Eaton Rapids, MI 48827
3 bd 1 ba 2,458 sqft Built 1900 Lot 13,504 sqft single_family
Most recent sale
$126,000
Jan 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 8, 2023 | Sold | $161,000 | MichRic |
| Jan 10, 2022 | Sold | $126,000 | MLS #260891 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $66,700 | $1,877 |
| 2020 | — | — | $64,200 | $2,763 |
| 2019 | — | — | $47,900 | $2,721 |
| 2018 | — | — | $47,892 | $2,658 |
| 2017 | — | — | $46,050 | $2,561 |
| 2011 | — | — | $45,600 | $2,563 |
| 2010 | — | — | $45,600 | $2,586 |
| 2009 | — | — | $50,700 | $2,634 |
| 2008 | — | — | $54,800 | $2,558 |
| 2007 | — | — | $54,800 | $2,509 |
Property facts
Year built
1900
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
2,458 sqft
Lot size
13,504 sqft
ZIP code
48827
City
Eaton Rapids
Street
Water St
Coordinates
42.50195, -84.64884
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$756
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1407 Water St last sell?
1407 Water St most recently sold on Jan 10, 2022 for $126,000.
What is the current tax assessment for 1407 Water St?
The most recent total assessment for 1407 Water St (year 2021) is $66,700 with $1,877 in property tax.
How does 1407 Water St's assessment compare to its last sale price?
The current assessment is 47.1% below the last sale price of $126,000.
When was 1407 Water St built?
1407 Water St was built in 1900.
How does 1407 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 1407 Water St?
1407 Water St is a 3 bed, 1 bath, 2,458 sqft, 13,504 sqft lot single_family.
Is 1407 Water St a flip candidate?
Yes — 1407 Water St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1407 Water St a tax-appeal candidate?
No — 1407 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