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506 George Ave

Hazel Park, MI 48030

2 bd 1 ba 974 sqft Built 1948 Lot 5,227 sqft single_family
Most recent sale
$65,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 15, 2022 Sold $64,200 Realcomp
Nov 4, 2022 Price changed $67,500 Realcomp
Oct 6, 2022 Price changed $74,000 MLS #20221044536
Sep 22, 2022 Listed $85,000 MLS #20221044536
Jul 1, 2022 Sold $65,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $32,230 $1,517
2020 $28,420 $1,546
2019 $25,440 $1,534
2018 $22,220 $1,500
2017 $21,110 $1,465
2016 $18,910 $1,461
2015 $16,550 $1,451
2014 $15,550 $1,274
2013 $15,430 $1,191
2012 $18,330 $1,282
2011 $22,960 $1,416
2010 $31,480 $1,310
2009 $36,140 $1,304
2008 $50,790 $1,205

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
974 sqft
Lot size
5,227 sqft
ZIP code
48030
City
Hazel Park
Street
George Ave
Coordinates
42.44845, -83.09969

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$390
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 506 George Ave last sell?
506 George Ave most recently sold on Jul 1, 2022 for $65,000.
What is the current tax assessment for 506 George Ave?
The most recent total assessment for 506 George Ave (year 2021) is $32,230 with $1,517 in property tax.
How does 506 George Ave's assessment compare to its last sale price?
The current assessment is 50.4% below the last sale price of $65,000.
When was 506 George Ave built?
506 George Ave was built in 1948.
How does 506 George Ave compare to others on George Ave?
We track 8 other properties on George Ave. Browse the list under "Other properties on George Ave" to compare beds, baths, and sale history.
What are the property facts for 506 George Ave?
506 George Ave is a 2 bed, 1 bath, 974 sqft, 5,227 sqft lot single_family.
Is 506 George Ave a flip candidate?
No — 506 George Ave does not appear in our flips dataset.
Is 506 George Ave a tax-appeal candidate?
No — 506 George Ave 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
+3.5%
Implied 1-yr
+14.0%
2026 Q3
$221.1K
2026 Q4
$227.4K
ZIP 48030 — Median Price History + Forecast

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