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315 Lake St

Tawas City, MI 48763

2 bd 2 ba 1,181 sqft Built 1987 condos
Most recent sale
$305,000
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2022 Sold $305,000 MLS #1900585
Jun 3, 2022 Listed $294,900 MLS #1900585
Jun 24, 2013 Sold $153,500 MLS #1758100
Apr 26, 2013 Price changed $159,900 MLS #1758100
Sep 3, 2012 Listed $169,000 MLS #1758100

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $82,700 $3,666
2020 $81,900 $3,974
2019 $79,800 $3,903
2018 $74,900 $2,481
2017 $74,800 $3,665
2016 $74,700 $3,554
2015 $73,200 $3,541
2014 $67,800 $3,508
2013 $66,200 $3,406
2012 $75,900 $3,846
2011 $76,500 $3,734
2010 $83,500 $3,672

Property facts

Year built
1987
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,181 sqft
Lot size
ZIP code
48763
City
Tawas City
Street
Lake St
Coordinates
44.26943, -83.51423

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
$1,772
Gross rental yield
6.97%
Implied cap rate
4.53%
Trend-extrapolated value

Frequently asked questions

When did 315 Lake St last sell?
315 Lake St most recently sold on Jun 17, 2022 for $305,000.
What is the current tax assessment for 315 Lake St?
The most recent total assessment for 315 Lake St (year 2021) is $82,700 with $3,666 in property tax.
How does 315 Lake St's assessment compare to its last sale price?
The current assessment is 72.9% below the last sale price of $305,000.
When was 315 Lake St built?
315 Lake St was built in 1987.
How does 315 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 315 Lake St?
315 Lake St is a 2 bed, 2 bath, 1,181 sqft condos.
Is 315 Lake St a flip candidate?
No — 315 Lake St does not appear in our flips dataset.
Is 315 Lake St a tax-appeal candidate?
No — 315 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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