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491 Lakeshore Dr

Lake City, MI 49651

3 bd 2 ba 2,212 sqft Built 1978 Lot 11,326 sqft single_family
Most recent sale
$231,500
Mar 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 30, 2022 Sold $231,500 MLS #1897079
Feb 23, 2022 Listed $210,000 MLS #1897079
Dec 11, 2020 Sold $164,500 Public Record
May 24, 2019 Sold $129,900 MLS #1859102
Apr 15, 2019 Listed $129,900 MLS #1859102
Sep 7, 2017 Sold $108,000 MLS #1833721
Aug 3, 2017 Price changed $119,900 MLS #1833721
Jun 11, 2017 Listed $123,900 MLS #1833721
Jun 20, 2011 Listing removed $89,900 Cadillac
Jun 17, 2011 Sold $75,000 Public Record
Apr 13, 2011 Listed $89,900 MLS #21100958
Jan 1, 2011 Sold $75,000 Public Record
Nov 1, 2010 Listing removed $94,900 Cadillac
Apr 3, 2010 Listed $94,900 MLS #21000986
Dec 20, 2009 Listing removed $110,000 Cadillac
Jun 19, 2009 Listed $110,000 MLS #20902060

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $67,800 $745
2020 $62,300 $2,390
2019 $53,800 $2,050
2018 $53,400 $2,991
2017 $62,700 $1,881
2016 $62,000 $1,871
2015 $59,600 $1,726
2014 $48,400 $1,658
2013 $54,900 $1,867
2012 $56,700 $1,940
2010 $55,700 $2,889
2009 $58,800 $1,370

Property facts

Year built
1978
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,212 sqft
Lot size
11,326 sqft
ZIP code
49651
City
Lake City
Street
Lakeshore Dr
Coordinates
44.32650, -85.21220

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,389
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 491 Lakeshore Dr last sell?
491 Lakeshore Dr most recently sold on Mar 30, 2022 for $231,500.
What is the current tax assessment for 491 Lakeshore Dr?
The most recent total assessment for 491 Lakeshore Dr (year 2021) is $67,800 with $745 in property tax.
How does 491 Lakeshore Dr's assessment compare to its last sale price?
The current assessment is 70.7% below the last sale price of $231,500.
When was 491 Lakeshore Dr built?
491 Lakeshore Dr was built in 1978.
How does 491 Lakeshore Dr compare to others on Lakeshore Dr?
We track 8 other properties on Lakeshore Dr. Browse the list under "Other properties on Lakeshore Dr" to compare beds, baths, and sale history.
What are the property facts for 491 Lakeshore Dr?
491 Lakeshore Dr is a 3 bed, 2 bath, 2,212 sqft, 11,326 sqft lot single_family.
Is 491 Lakeshore Dr a flip candidate?
Yes — 491 Lakeshore Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 491 Lakeshore Dr a tax-appeal candidate?
No — 491 Lakeshore Dr 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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