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1122 Lake St

Tawas City, MI 48763

2 bd 1 ba 600 sqft Built 1964 Lot 9,148 sqft single_family
Most recent sale
$62,500
Feb 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 4, 2022 Sold $62,500 MLS #1896132
Jan 11, 2022 Listed $70,000 MLS #1896132
Sep 25, 2020 Sold $47,500 MLS #1879425

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $27,800 $1,353
2020 $26,600 $863
2019 $21,700 $848
2018 $19,500 $539
2017 $21,700 $796
2016 $19,800 $772
2015 $22,100 $769
2014 $18,400 $762
2013 $14,500 $746
2012 $18,000 $925
2011 $23,000 $1,151
2010 $25,400 $1,132

Property facts

Year built
1964
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
600 sqft
Lot size
9,148 sqft
ZIP code
48763
City
Tawas City
Street
Lake St
Coordinates
44.25460, -83.53557

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
$375
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1122 Lake St last sell?
1122 Lake St most recently sold on Feb 4, 2022 for $62,500.
What is the current tax assessment for 1122 Lake St?
The most recent total assessment for 1122 Lake St (year 2021) is $27,800 with $1,353 in property tax.
How does 1122 Lake St's assessment compare to its last sale price?
The current assessment is 55.5% below the last sale price of $62,500.
When was 1122 Lake St built?
1122 Lake St was built in 1964.
How does 1122 Lake St compare to others on Lake St?
We track 8 other properties on Lake St. Browse the list under "Other properties on Lake St" to compare beds, baths, and sale history.
What are the property facts for 1122 Lake St?
1122 Lake St is a 2 bed, 1 bath, 600 sqft, 9,148 sqft lot single_family.
Is 1122 Lake St a flip candidate?
Yes — 1122 Lake St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1122 Lake St a tax-appeal candidate?
No — 1122 Lake 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
-0.9%
Implied 1-yr
-3.6%
2026 Q3
$202.2K
2026 Q4
$200.2K
ZIP 48763 — Median Price History + Forecast

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