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305 Michigan St

Reading, MI 49274

3 bd 2 ba 2,020 sqft Built 1900 Lot 10,890 sqft single_family
Most recent sale
$187,000
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2025 Sold $189,900 MichRic
Sep 9, 2022 Sold $187,000 Public Record
Sep 8, 2022 Sold $187,000 MichRic
Jul 28, 2022 Relisted $194,900 MLS #22027516
Jul 2, 2022 Listed $194,900 MLS #22027516
Sep 1, 2020 Sold $18,000 MichRic

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $21,900 $517
2020 $34,900 $1,328
2019 $33,700 $1,057
2018 $33,200 $1,016
2017 $32,100 $985
2016 $31,700 $977
2015 $31,500 $974
2014 $30,060 $959
2013 $25,800 $920
2012 $26,350 $950

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,020 sqft
Lot size
10,890 sqft
ZIP code
49274
City
Reading
Street
Michigan St
Coordinates
41.83933, -84.74411

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
$1,122
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 305 Michigan St last sell?
305 Michigan St most recently sold on Sep 9, 2022 for $187,000.
What is the current tax assessment for 305 Michigan St?
The most recent total assessment for 305 Michigan St (year 2021) is $21,900 with $517 in property tax.
How does 305 Michigan St's assessment compare to its last sale price?
The current assessment is 88.3% below the last sale price of $187,000.
When was 305 Michigan St built?
305 Michigan St was built in 1900.
How does 305 Michigan St compare to others on Michigan St?
We track 8 other properties on Michigan St. Browse the list under "Other properties on Michigan St" to compare beds, baths, and sale history.
What are the property facts for 305 Michigan St?
305 Michigan St is a 3 bed, 2 bath, 2,020 sqft, 10,890 sqft lot single_family.
Is 305 Michigan St a flip candidate?
No — 305 Michigan St does not appear in our flips dataset.
Is 305 Michigan St a tax-appeal candidate?
No — 305 Michigan 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
-3.5%
Implied 1-yr
-14.1%
2026 Q3
$129.8K
2026 Q4
$123.9K
ZIP 49274 — Median Price History + Forecast

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