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506 Broad St

Michigan Center, MI 49254

4 bd 3 ba 2,040 sqft Built 1958 Lot 17,424 sqft single_family
Most recent sale
$175,000
Sep 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 16, 2022 Sold $175,000 Public Record
Sep 13, 2022 Sold $175,000 MichRic
Jul 13, 2022 Price changed $199,900 MLS #22024283
Jun 24, 2022 Price changed $209,900 MLS #22024283
Jun 16, 2022 Listed $219,900 MLS #22024283

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $76,700 $1,023
2020 $76,174 $1,737
2019 $56,042 $1,684
2018 $60,125 $1,641
2017 $54,902 $1,541
2016 $55,657 $1,509
2015 $62,132 $1,352
2014 $61,167 $1,254
2013 $60,888 $1,234
2012 $58,526 $1,207
2011 $63,700 $1,146
2010 $69,100 $1,127
2009 $72,250 $1,127
2008 $74,600 $814

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,040 sqft
Lot size
17,424 sqft
ZIP code
49254
City
Michigan Center
Street
Broad St
Coordinates
42.23049, -84.31682

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 506 Broad St last sell?
506 Broad St most recently sold on Sep 16, 2022 for $175,000.
What is the current tax assessment for 506 Broad St?
The most recent total assessment for 506 Broad St (year 2021) is $76,700 with $1,023 in property tax.
How does 506 Broad St's assessment compare to its last sale price?
The current assessment is 56.2% below the last sale price of $175,000.
When was 506 Broad St built?
506 Broad St was built in 1958.
How does 506 Broad St compare to others on Broad St?
We track 8 other properties on Broad St. Browse the list under "Other properties on Broad St" to compare beds, baths, and sale history.
What are the property facts for 506 Broad St?
506 Broad St is a 4 bed, 3 bath, 2,040 sqft, 17,424 sqft lot single_family.
Is 506 Broad St a flip candidate?
No — 506 Broad St does not appear in our flips dataset.
Is 506 Broad St a tax-appeal candidate?
No — 506 Broad 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
-1.3%
Implied 1-yr
-5.2%
2026 Q2
$187.6K
2026 Q3
$184.9K
ZIP 49254 — Median Price History + Forecast

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