506 Elm St
Reading, MI 49274
3 bd 2 ba 1,152 sqft Built 1985 Lot 13,504 sqft single_family
Most recent sale
$95,000
Oct 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 12, 2022 | Sold | $95,000 | Public Record |
| Aug 30, 2022 | Listed | $89,900 | MLS #22037403 |
| Jun 4, 2015 | Sold | $60,100 | Public Record |
| Sep 8, 2011 | Listing removed | $57,500 | MichRic |
| Sep 2, 2011 | Sold | $55,000 | Public Record |
| Aug 3, 2011 | Listed | $57,500 | MLS #11043778 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $36,500 | $742 |
| 2020 | — | — | $32,000 | $1,739 |
| 2019 | — | — | $30,900 | $1,695 |
| 2018 | — | — | $30,200 | $1,635 |
| 2017 | — | — | $29,100 | $1,591 |
| 2016 | — | — | $28,700 | $1,569 |
| 2015 | — | — | $28,500 | $1,042 |
| 2014 | — | — | $26,860 | $858 |
| 2013 | — | — | $23,100 | $824 |
| 2012 | — | — | $23,510 | $847 |
Property facts
Year built
1985
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,152 sqft
Lot size
13,504 sqft
ZIP code
49274
City
Reading
Street
Elm St
Coordinates
41.83633, -84.75505
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$570
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Elm St last sell?
506 Elm St most recently sold on Oct 12, 2022 for $95,000.
What is the current tax assessment for 506 Elm St?
The most recent total assessment for 506 Elm St (year 2021) is $36,500 with $742 in property tax.
How does 506 Elm St's assessment compare to its last sale price?
The current assessment is 61.6% below the last sale price of $95,000.
When was 506 Elm St built?
506 Elm St was built in 1985.
How does 506 Elm St compare to others on Elm St?
We track 8 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 506 Elm St?
506 Elm St is a 3 bed, 2 bath, 1,152 sqft, 13,504 sqft lot single_family.
Is 506 Elm St a flip candidate?
No — 506 Elm St does not appear in our flips dataset.
Is 506 Elm St a tax-appeal candidate?
No — 506 Elm St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.5%
Implied 1-yr
-14.1%
2026 Q3
$129.8K
2026 Q4
$123.9K
ZIP 49274 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Elm St