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516 Main St

Manchester, MI 48158

7 bd 3 ba 3,148 sqft Built 1870 Lot 26,572 sqft multi_family
Most recent sale
$225,000
Nov 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 15, 2021 Sold $225,000 MLS #3283730

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $96,900 $1,160
2020 $94,900 $4,577
2019 $92,050 $5,482
2018 $86,800 $5,374
2017 $85,800 $3,930
2016 $92,150 $5,157
2015 $92,250 $5,019
2014 $80,250 $4,895
2013 $75,150 $4,680
2012 $75,250 $4,577
2011 $77,250 $4,408
2010 $84,600 $4,415
2009 $85,950 $4,452
2008 $101,050 $1,674

Property facts

Year built
1870
Property type
multi_family
Stories
Beds
7
Baths
3
Living area
3,148 sqft
Lot size
26,572 sqft
ZIP code
48158
City
Manchester
Street
Main St
Coordinates
42.14704, -84.04657

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
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 516 Main St last sell?
516 Main St most recently sold on Nov 15, 2021 for $225,000.
What is the current tax assessment for 516 Main St?
The most recent total assessment for 516 Main St (year 2021) is $96,900 with $1,160 in property tax.
How does 516 Main St's assessment compare to its last sale price?
The current assessment is 56.9% below the last sale price of $225,000.
When was 516 Main St built?
516 Main St was built in 1870.
How does 516 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 516 Main St?
516 Main St is a 7 bed, 3 bath, 3,148 sqft, 26,572 sqft lot multi_family.
Is 516 Main St a flip candidate?
No — 516 Main St does not appear in our flips dataset.
Is 516 Main St a tax-appeal candidate?
No — 516 Main 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
+7.7%
Implied 1-yr
+30.9%
2026 Q3
$754.4K
2026 Q4
$754.4K
ZIP 48158 — Median Price History + Forecast

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