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8481 Watergate Rd

Lake City, MI 49651

3 bd 3 ba 2,532 sqft Built 1993 Lot 392,040 sqft single_family
Most recent sale
$350,000
Mar 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 23, 2022 Sold $350,000 MLS #1896123
Jan 11, 2022 Listed $394,900 MLS #1896123
Jan 10, 2020 Sold $260,000 MLS #1863177
Nov 17, 2014 Sold $190,000 Public Record
Sep 15, 2014 Listing removed $194,900 Cadillac
Jun 17, 2014 Price changed $194,900 MLS #21106830
Apr 22, 2014 Price changed $199,900 MLS #21106830
Apr 21, 2014 Relisted $204,900 MLS #21106830
Mar 26, 2014 Listing removed $204,900 Cadillac
Mar 18, 2014 Relisted $204,900 MLS #21106830
Mar 7, 2014 Listing removed $204,900 Cadillac
Jan 20, 2014 Relisted $204,900 MLS #21106830
Aug 29, 2013 Listing removed $204,900 Cadillac
Jun 4, 2013 Price changed $204,900 MLS #21106830
Sep 10, 2012 Listed $209,000 MLS #21106830
Aug 15, 2012 Listing removed $215,000 Cadillac
Feb 15, 2012 Listed $215,000 MLS #21104175
Aug 10, 2007 Sold $220,000 Public Record
Jan 1, 2007 Sold $220,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $146,100 $1,590
2020 $139,000 $2,977
2019 $132,200 $2,889
2018 $117,300 $2,793
2017 $114,000 $2,736
2016 $107,700 $2,716
2015 $100,800 $2,351
2014 $95,500 $1,906
2013 $81,700 $1,855
2012 $82,500 $1,890
2010 $83,100 $1,823
2009 $81,400 $2,429
2007 $109,700 $2,089
2006 $109,300 $1,237

Property facts

Year built
1993
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,532 sqft
Lot size
392,040 sqft
ZIP code
49651
City
Lake City
Street
Watergate Rd
Coordinates
44.26107, -85.26474

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,798
Gross rental yield
13.02%
Implied cap rate
8.46%
Trend-extrapolated value

Frequently asked questions

When did 8481 Watergate Rd last sell?
8481 Watergate Rd most recently sold on Mar 23, 2022 for $350,000.
What is the current tax assessment for 8481 Watergate Rd?
The most recent total assessment for 8481 Watergate Rd (year 2021) is $146,100 with $1,590 in property tax.
How does 8481 Watergate Rd's assessment compare to its last sale price?
The current assessment is 58.3% below the last sale price of $350,000.
When was 8481 Watergate Rd built?
8481 Watergate Rd was built in 1993.
How does 8481 Watergate Rd compare to others on Watergate Rd?
We track 4 other properties on Watergate Rd. Browse the list under "Other properties on Watergate Rd" to compare beds, baths, and sale history.
What are the property facts for 8481 Watergate Rd?
8481 Watergate Rd is a 3 bed, 3 bath, 2,532 sqft, 392,040 sqft lot single_family.
Is 8481 Watergate Rd a flip candidate?
No — 8481 Watergate Rd does not appear in our flips dataset.
Is 8481 Watergate Rd a tax-appeal candidate?
No — 8481 Watergate Rd 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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