540 Lake St
Tawas City, MI 48763
3 bd 3 ba 2,486 sqft Built 2008 condos
Most recent sale
$260,000
Feb 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 22, 2022 | Sold | $260,000 | MLS #1895916 |
| Jan 3, 2022 | Listed | $265,000 | MLS #1895916 |
| Oct 23, 2020 | Price changed | $243,500 | MLS #1878635 |
| Aug 14, 2020 | Listed | $249,000 | MLS #1878635 |
| Jan 17, 2020 | Price changed | $249,000 | MLS #1865915 |
| Aug 13, 2019 | Listed | $258,000 | MLS #1865915 |
| Nov 24, 2012 | Listing removed | $279,900 | NortheasternMI |
| May 24, 2012 | Listed | $279,900 | MLS #128341 |
| Feb 23, 2012 | Listing removed | $299,900 | Saginaw |
| Feb 22, 2012 | Listing removed | $299,900 | Realcomp |
| Dec 19, 2011 | Listing removed | $299,900 | Midland |
| Aug 30, 2011 | Price changed | $299,900 | MLS #111323 |
| Aug 12, 2011 | Price changed | $299,900 | MLS #112145 |
| Aug 11, 2011 | Price changed | $299,900 | MLS #211070079 |
| Aug 3, 2011 | Listed | $310,000 | MLS #111323 |
| Jun 25, 2011 | Listed | $310,000 | MLS #211070079 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $131,900 | $6,422 |
| 2020 | — | — | $138,500 | $7,126 |
| 2019 | — | — | $130,700 | $6,999 |
| 2018 | — | — | $131,400 | $4,580 |
| 2017 | — | — | $135,900 | $6,934 |
| 2016 | — | — | $130,700 | $6,724 |
| 2015 | — | — | $137,700 | $6,950 |
| 2014 | — | — | $138,100 | $6,886 |
| 2013 | — | — | $131,000 | $6,739 |
| 2012 | — | — | $96,500 | $4,961 |
| 2011 | — | — | $98,000 | $5,024 |
| 2010 | — | — | $108,400 | $5,557 |
Property facts
Year built
2008
Property type
condos
Stories
—
Beds
3
Baths
3
Living area
2,486 sqft
Lot size
—
ZIP code
48763
City
Tawas City
Street
Lake St
Coordinates
44.26642, -83.52016
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
$1,560
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 540 Lake St last sell?
540 Lake St most recently sold on Feb 22, 2022 for $260,000.
What is the current tax assessment for 540 Lake St?
The most recent total assessment for 540 Lake St (year 2021) is $131,900 with $6,422 in property tax.
How does 540 Lake St's assessment compare to its last sale price?
The current assessment is 49.3% below the last sale price of $260,000.
When was 540 Lake St built?
540 Lake St was built in 2008.
How does 540 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 540 Lake St?
540 Lake St is a 3 bed, 3 bath, 2,486 sqft condos.
Is 540 Lake St a flip candidate?
No — 540 Lake St does not appear in our flips dataset.
Is 540 Lake St a tax-appeal candidate?
No — 540 Lake 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
-0.9%
Implied 1-yr
-3.6%
2026 Q3
$202.2K
2026 Q4
$200.2K
ZIP 48763 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake St