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50587 Elsey

New Baltimore, MI 48047

3 bd 2 ba 1,659 sqft Built 1965 Lot 5,227 sqft single_family
Most recent sale
$277,500
Oct 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 3, 2022 Sold $277,500 Public Record
Sep 23, 2022 Sold $277,500 Realcomp
Aug 10, 2022 Price changed $299,900 MLS #20221024617
Jul 29, 2022 Listed $309,900 MLS #20221024617
Jan 14, 2022 Sold $170,000 Public Record
Oct 26, 2021 Listed $180,000 MLS #50059054

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $67,700 $1,904
2019 $65,100 $1,803
2017 $57,700 $1,764
2016 $56,200 $1,751
2015 $53,500 $1,756
2014 $44,200 $1,781
2013 $40,400 $1,705
2012 $39,500 $1,681
2011 $42,400 $1,761
2010 $42,200 $1,748
2009 $58,000 $2,353
2008 $57,000 $1,922

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,659 sqft
Lot size
5,227 sqft
ZIP code
48047
City
New Baltimore
Street
Elsey
Coordinates
42.68456, -82.71835

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,489
Gross rental yield
10.76%
Implied cap rate
7.00%
Trend-extrapolated value

Frequently asked questions

When did 50587 Elsey last sell?
50587 Elsey most recently sold on Oct 3, 2022 for $277,500.
What is the current tax assessment for 50587 Elsey?
The most recent total assessment for 50587 Elsey (year 2020) is $67,700 with $1,904 in property tax.
How does 50587 Elsey's assessment compare to its last sale price?
The current assessment is 75.6% below the last sale price of $277,500.
When was 50587 Elsey built?
50587 Elsey was built in 1965.
How does 50587 Elsey compare to others on Elsey?
We do not currently track other properties on Elsey.
What are the property facts for 50587 Elsey?
50587 Elsey is a 3 bed, 2 bath, 1,659 sqft, 5,227 sqft lot single_family.
Is 50587 Elsey a flip candidate?
Yes — 50587 Elsey appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 50587 Elsey a tax-appeal candidate?
No — 50587 Elsey 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
+1.6%
Implied 1-yr
+6.3%
2026 Q3
$387.6K
2026 Q4
$393.2K
ZIP 48047 — Median Price History + Forecast

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