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551 Lakeside Dr

Michigan Center, MI 49254

3 bd 4 ba 3,240 sqft Built 2008 Lot 5,663 sqft single_family
Most recent sale
$625,000
May 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 11, 2022 Sold $625,000 MLS #3285869
Apr 6, 2022 Price changed $674,900 MLS #3285869
Mar 16, 2022 Price changed $699,900 MLS #3285869
Jan 31, 2022 Listed $719,900 MLS #3285869
Jun 17, 2014 Sold $349,900 Public Record
May 7, 2014 Listed $349,900 MLS #20021379

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $337,232 $8,971
2023 $240,387 $7,733
2022 $238,450 $5,897
2021 $219,465 $3,341
2020 $234,278 $5,765
2019 $178,301 $5,602
2018 $190,663 $5,472
2017 $190,305 $5,148
2016 $178,444 $5,014
2015 $167,931 $4,494
2014 $158,810 $4,777
2013 $156,405 $5,790
2012 $132,819 $5,807
2011 $141,284 $3,505
2010 $154,850 $3,823
2009 $53,100 $1,428
2008 $74,850 $1,362
2007 $76,850 $2,076

Property facts

Year built
2008
Property type
single_family
Stories
Beds
3
Baths
4
Living area
3,240 sqft
Lot size
5,663 sqft
ZIP code
49254
City
Michigan Center
Street
Lakeside Dr
Coordinates
42.22172, -84.31788

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,860
Gross rental yield
9.33%
Implied cap rate
6.07%
Trend-extrapolated value

Frequently asked questions

When did 551 Lakeside Dr last sell?
551 Lakeside Dr most recently sold on May 11, 2022 for $625,000.
What is the current tax assessment for 551 Lakeside Dr?
The most recent total assessment for 551 Lakeside Dr (year 2025) is $337,232 with $8,971 in property tax.
How does 551 Lakeside Dr's assessment compare to its last sale price?
The current assessment is 46.0% below the last sale price of $625,000.
When was 551 Lakeside Dr built?
551 Lakeside Dr was built in 2008.
How does 551 Lakeside Dr compare to others on Lakeside Dr?
We track 8 other properties on Lakeside Dr. Browse the list under "Other properties on Lakeside Dr" to compare beds, baths, and sale history.
What are the property facts for 551 Lakeside Dr?
551 Lakeside Dr is a 3 bed, 4 bath, 3,240 sqft, 5,663 sqft lot single_family.
Is 551 Lakeside Dr a flip candidate?
No — 551 Lakeside Dr does not appear in our flips dataset.
Is 551 Lakeside Dr a tax-appeal candidate?
No — 551 Lakeside 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
-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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