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531 Cherry St

Wayland, MI 49348

2 bd 1 ba 1,392 sqft Built 1950 Lot 7,579 sqft single_family
Most recent sale
$225,000
Jul 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 12, 2022 Sold $225,000 Public Record
Jul 6, 2022 Sold $225,000 MichRic
May 27, 2022 Listed $199,900 MLS #22020606
Oct 2, 2018 Sold $78,000 Public Record
Aug 5, 2016 Sold $80,000 Public Record

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,392 sqft
Lot size
7,579 sqft
ZIP code
49348
City
Wayland
Street
Cherry St
Coordinates
42.67611, -85.64890

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
$2,088
Gross rental yield
11.14%
Implied cap rate
7.24%
Trend-extrapolated value

Frequently asked questions

When did 531 Cherry St last sell?
531 Cherry St most recently sold on Jul 12, 2022 for $225,000.
What is the current tax assessment for 531 Cherry St?
No tax-assessment history is recorded for this parcel.
When was 531 Cherry St built?
531 Cherry St was built in 1950.
How does 531 Cherry St compare to others on Cherry St?
We track 8 other properties on Cherry St. Browse the list under "Other properties on Cherry St" to compare beds, baths, and sale history.
What are the property facts for 531 Cherry St?
531 Cherry St is a 2 bed, 1 bath, 1,392 sqft, 7,579 sqft lot single_family.
Is 531 Cherry St a flip candidate?
No — 531 Cherry St does not appear in our flips dataset.
Is 531 Cherry St a tax-appeal candidate?
No — 531 Cherry 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
-0.2%
Implied 1-yr
-0.9%
2026 Q3
$336K
2026 Q4
$335.2K
ZIP 49348 — Median Price History + Forecast

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