1431 Water St
Eaton Rapids, MI 48827
3 bd 2 ba 3,320 sqft Built 1973 Lot 81,457 sqft single_family
Most recent sale
$300,000
Jun 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 9, 2022 | Sold | $300,000 | MLS #264262 |
| Apr 21, 2022 | Listed | $299,900 | MLS #264262 |
| May 2, 2018 | Sold | $215,000 | MLS #222294 |
| Dec 20, 2017 | Listed | $219,900 | MLS #222294 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $214,600 | $4,546 |
| 2024 | — | — | $214,600 | $6,534 |
| 2023 | — | — | $155,800 | $6,418 |
| 2022 | — | — | $157,100 | $4,536 |
| 2021 | — | — | $135,700 | $3,260 |
| 2020 | — | — | $137,500 | $4,334 |
| 2019 | — | — | $99,700 | $4,275 |
| 2018 | — | — | $99,736 | $2,903 |
| 2017 | — | — | $95,900 | $3,863 |
| 2011 | — | — | $94,900 | $3,408 |
Property facts
Year built
1973
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
3,320 sqft
Lot size
81,457 sqft
ZIP code
48827
City
Eaton Rapids
Street
Water St
Coordinates
42.50089, -84.64608
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
$1,800
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1431 Water St last sell?
1431 Water St most recently sold on Jun 9, 2022 for $300,000.
What is the current tax assessment for 1431 Water St?
The most recent total assessment for 1431 Water St (year 2025) is $214,600 with $4,546 in property tax.
How does 1431 Water St's assessment compare to its last sale price?
The current assessment is 28.5% below the last sale price of $300,000.
When was 1431 Water St built?
1431 Water St was built in 1973.
How does 1431 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 1431 Water St?
1431 Water St is a 3 bed, 2 bath, 3,320 sqft, 81,457 sqft lot single_family.
Is 1431 Water St a flip candidate?
No — 1431 Water St does not appear in our flips dataset.
Is 1431 Water St a tax-appeal candidate?
No — 1431 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