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393 Michigan Ave

Shelby, MI 49455

3 bd 2 ba 1,388 sqft Built 1880 Lot 18,295 sqft single_family
Most recent sale
$190,000
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 23, 2022 Sold $190,000 Public Record
Jun 21, 2022 Sold $190,000 MichRic
May 18, 2022 Listed $189,900 MLS #22018644
Nov 13, 2018 Sold $88,000 Public Record
Oct 12, 2018 Listed $85,000 MLS #18050471

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $34,300 $387
2020 $34,900 $1,374
2018 $30,200 $609
2017 $28,000 $1,373
2016 $26,800 $1,357
2015 $26,600 $1,333
2014 $23,100 $1,306
2013 $23,300 $1,283
2012 $26,300 $1,246
2011 $30,300 $1,192
2010 $29,900 $1,175
2009 $36,200 $1,176

Property facts

Year built
1880
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,388 sqft
Lot size
18,295 sqft
ZIP code
49455
City
Shelby
Street
Michigan Ave
Coordinates
43.61541, -86.36425

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
$2,082
Gross rental yield
13.15%
Implied cap rate
8.55%
Trend-extrapolated value

Frequently asked questions

When did 393 Michigan Ave last sell?
393 Michigan Ave most recently sold on Jun 23, 2022 for $190,000.
What is the current tax assessment for 393 Michigan Ave?
The most recent total assessment for 393 Michigan Ave (year 2021) is $34,300 with $387 in property tax.
How does 393 Michigan Ave's assessment compare to its last sale price?
The current assessment is 81.9% below the last sale price of $190,000.
When was 393 Michigan Ave built?
393 Michigan Ave was built in 1880.
How does 393 Michigan Ave compare to others on Michigan Ave?
We track 8 other properties on Michigan Ave. Browse the list under "Other properties on Michigan Ave" to compare beds, baths, and sale history.
What are the property facts for 393 Michigan Ave?
393 Michigan Ave is a 3 bed, 2 bath, 1,388 sqft, 18,295 sqft lot single_family.
Is 393 Michigan Ave a flip candidate?
No — 393 Michigan Ave does not appear in our flips dataset.
Is 393 Michigan Ave a tax-appeal candidate?
No — 393 Michigan Ave 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
+4.0%
Implied 1-yr
+16.1%
2026 Q2
$393.8K
2026 Q3
$393.8K
ZIP 49455 — Median Price History + Forecast

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