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127 Chestnut St

Petersburg, MI 49270

3 bd 3 ba 1,470 sqft Built 1951 Lot 19,166 sqft single_family
Most recent sale
$229,900
Mar 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 17, 2022 Sold $229,900 MLS #50065967
Feb 14, 2022 Listed $229,900 MLS #50065967

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $52,000 $1,387
2019 $47,200 $1,378
2018 $43,300 $1,364
2017 $45,900 $1,353
2016 $40,700 $1,353
2015 $36,200 $1,330
2014 $33,100 $1,325
2013 $29,800 $1,294
2012 $29,000 $1,259
2011 $34,600 $1,490

Property facts

Year built
1951
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,470 sqft
Lot size
19,166 sqft
ZIP code
49270
City
Petersburg
Street
Chestnut St
Coordinates
41.89855, -83.71192

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
$2,205
Gross rental yield
11.51%
Implied cap rate
7.48%
Trend-extrapolated value

Frequently asked questions

When did 127 Chestnut St last sell?
127 Chestnut St most recently sold on Mar 17, 2022 for $229,900.
What is the current tax assessment for 127 Chestnut St?
The most recent total assessment for 127 Chestnut St (year 2020) is $52,000 with $1,387 in property tax.
How does 127 Chestnut St's assessment compare to its last sale price?
The current assessment is 77.4% below the last sale price of $229,900.
When was 127 Chestnut St built?
127 Chestnut St was built in 1951.
How does 127 Chestnut St compare to others on Chestnut St?
We track 8 other properties on Chestnut St. Browse the list under "Other properties on Chestnut St" to compare beds, baths, and sale history.
What are the property facts for 127 Chestnut St?
127 Chestnut St is a 3 bed, 3 bath, 1,470 sqft, 19,166 sqft lot single_family.
Is 127 Chestnut St a flip candidate?
No — 127 Chestnut St does not appear in our flips dataset.
Is 127 Chestnut St a tax-appeal candidate?
No — 127 Chestnut 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
+7.1%
Implied 1-yr
+28.5%
2026 Q1
$648.8K
2026 Q2
$648.8K
ZIP 49270 — Median Price History + Forecast

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