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308 1st St

Lake City, MI 49651

3 bd 2 ba 1,488 sqft Built 1955 Lot 10,019 sqft single_family
Most recent sale
$169,900
Jul 20, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 15, 2022 Sold $195,000 Realcomp
Oct 5, 2022 Price changed $195,000 MLS #20221044241
Sep 21, 2022 Listed $209,995 MLS #20221044241
Sep 8, 2022 Listed $219,900 MLS #1904738
Jul 20, 2021 Sold $169,900 MLS #1885490
Apr 13, 2021 Price changed $159,999 MLS #1885490
Mar 29, 2021 Listed $169,900 MLS #1885490
Aug 15, 2019 Sold $106,000 Public Record
Jul 1, 2019 Sold $106,000 MLS #1860054
Mar 5, 2009 Listing removed $55,000 MichRic
Feb 22, 2009 Listing removed $55,000 MichRic
Feb 18, 2009 Listing removed $55,000 MichRic
Jul 31, 2008 Listed $55,000 MLS #155708

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $50,900 $507
2020 $45,500 $1,746
2019 $39,100 $1,311
2018 $37,900 $1,271
2017 $38,000 $1,249
2016 $37,800 $1,243
2015 $33,400 $1,125
2014 $32,000 $1,096
2013 $36,900 $1,106
2012 $38,300 $1,086
2010 $39,600 $1,025
2009 $30,500 $1,047

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,488 sqft
Lot size
10,019 sqft
ZIP code
49651
City
Lake City
Street
1st St
Coordinates
44.32410, -85.21111

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,019
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 308 1st St last sell?
308 1st St most recently sold on Jul 20, 2021 for $169,900.
What is the current tax assessment for 308 1st St?
The most recent total assessment for 308 1st St (year 2021) is $50,900 with $507 in property tax.
How does 308 1st St's assessment compare to its last sale price?
The current assessment is 70.0% below the last sale price of $169,900.
When was 308 1st St built?
308 1st St was built in 1955.
How does 308 1st St compare to others on 1st St?
We track 5 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 308 1st St?
308 1st St is a 3 bed, 2 bath, 1,488 sqft, 10,019 sqft lot single_family.
Is 308 1st St a flip candidate?
Yes — 308 1st St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 308 1st St a tax-appeal candidate?
No — 308 1st 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
+2.4%
Implied 1-yr
+9.7%
2026 Q3
$289.7K
2026 Q4
$295.7K
ZIP 49651 — Median Price History + Forecast

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