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315 Margo St

Tawas City, MI 48763

3 bd 3 ba 1,647 sqft Built 1969 Lot 20,909 sqft single_family
Most recent sale
$231,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Sold $231,000 MLS #1904285
Aug 27, 2022 Listed $250,000 MLS #1904285
Mar 31, 2020 Sold $189,000 Public Record
Feb 13, 2020 Listed $189,000 MLS #088-20-0004
Jul 26, 2017 Sold $125,000 MLS #1807222
May 6, 2016 Sold $125,000 Public Record
Apr 3, 2016 Price changed $129,900 MLS #1807222
Oct 6, 2015 Listed $134,500 MLS #1807222

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $63,300 $1,931
2020 $58,300 $1,926
2019 $53,500 $1,892
2018 $53,300 $889
2017 $54,600 $1,878
2016 $49,200 $1,598
2015 $47,900 $1,591
2014 $47,500 $1,594
2013 $51,600 $1,716
2012 $52,900 $1,756
2011 $53,200 $1,703
2010 $53,600 $1,675

Property facts

Year built
1969
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,647 sqft
Lot size
20,909 sqft
ZIP code
48763
City
Tawas City
Street
Margo St
Coordinates
44.25456, -83.53817

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,471
Gross rental yield
12.84%
Implied cap rate
8.34%
Trend-extrapolated value

Frequently asked questions

When did 315 Margo St last sell?
315 Margo St most recently sold on Oct 7, 2022 for $231,000.
What is the current tax assessment for 315 Margo St?
The most recent total assessment for 315 Margo St (year 2021) is $63,300 with $1,931 in property tax.
How does 315 Margo St's assessment compare to its last sale price?
The current assessment is 72.6% below the last sale price of $231,000.
When was 315 Margo St built?
315 Margo St was built in 1969.
How does 315 Margo St compare to others on Margo St?
We track 8 other properties on Margo St. Browse the list under "Other properties on Margo St" to compare beds, baths, and sale history.
What are the property facts for 315 Margo St?
315 Margo St is a 3 bed, 3 bath, 1,647 sqft, 20,909 sqft lot single_family.
Is 315 Margo St a flip candidate?
No — 315 Margo St does not appear in our flips dataset.
Is 315 Margo St a tax-appeal candidate?
No — 315 Margo 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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