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706 Cedar St

Elk Rapids, MI 49629

3 bd 1 ba 1,039 sqft Built 1972 Lot 9,583 sqft single_family
Most recent sale
$235,000
Sep 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 15, 2022 Sold $235,000 MLS #1903219
Jul 29, 2022 Listed $255,000 MLS #1903219

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $102,400 $744
2020 $79,600 $982
2019 $61,500 $1,022
2018 $60,500 $1,545
2017 $61,000 $1,517
2016 $58,800 $1,230
2015 $61,600 $1,500
2014 $55,500 $1,492
2013 $45,700 $949
2012 $58,200 $1,391
2011 $55,600 $1,343
2010 $67,700 $1,310

Property facts

Year built
1972
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,039 sqft
Lot size
9,583 sqft
ZIP code
49629
City
Elk Rapids
Street
Cedar St
Coordinates
44.89121, -85.41348

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,559
Gross rental yield
7.96%
Implied cap rate
5.17%
Trend-extrapolated value

Frequently asked questions

When did 706 Cedar St last sell?
706 Cedar St most recently sold on Sep 15, 2022 for $235,000.
What is the current tax assessment for 706 Cedar St?
The most recent total assessment for 706 Cedar St (year 2021) is $102,400 with $744 in property tax.
How does 706 Cedar St's assessment compare to its last sale price?
The current assessment is 56.4% below the last sale price of $235,000.
When was 706 Cedar St built?
706 Cedar St was built in 1972.
How does 706 Cedar St compare to others on Cedar St?
We track 5 other properties on Cedar St. Browse the list under "Other properties on Cedar St" to compare beds, baths, and sale history.
What are the property facts for 706 Cedar St?
706 Cedar St is a 3 bed, 1 bath, 1,039 sqft, 9,583 sqft lot single_family.
Is 706 Cedar St a flip candidate?
No — 706 Cedar St does not appear in our flips dataset.
Is 706 Cedar St a tax-appeal candidate?
No — 706 Cedar 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
-0.3%
Implied 1-yr
-1.3%
2026 Q3
$404.2K
2026 Q4
$402.9K
ZIP 49629 — Median Price History + Forecast

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