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8501 Lawrence Ave

Ypsilanti, MI 48197

3 bd 2 ba 1,312 sqft Built 1970 Lot 44,431 sqft single_family
Most recent sale
$275,000
Dec 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 1, 2022 Sold $275,000 MichRic
Nov 1, 2022 Price changed $270,000 AnnArbor
Oct 14, 2022 Listed $285,000 AnnArbor

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $125,300 $2,763
2021 $117,400 $2,700
2020 $111,700 $2,637
2019 $105,100 $2,583
2018 $97,300 $2,539
2017 $98,500 $2,415
2016 $88,400 $2,410
2015 $74,700 $2,205
2014 $70,200 $2,140
2013 $69,100 $2,062
2012 $70,650 $2,122
2011 $71,400 $2,148
2009 $99,400 $2,635
2008 $108,200 $2,177
2007 $108,750 $2,129

Property facts

Year built
1970
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,312 sqft
Lot size
44,431 sqft
ZIP code
48197
City
Ypsilanti
Street
Lawrence Ave
Coordinates
42.16511, -83.65062

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
$1,968
Gross rental yield
8.59%
Implied cap rate
5.58%
Trend-extrapolated value

Frequently asked questions

When did 8501 Lawrence Ave last sell?
8501 Lawrence Ave most recently sold on Dec 1, 2022 for $275,000.
What is the current tax assessment for 8501 Lawrence Ave?
The most recent total assessment for 8501 Lawrence Ave (year 2022) is $125,300 with $2,763 in property tax.
How does 8501 Lawrence Ave's assessment compare to its last sale price?
The current assessment is 54.4% below the last sale price of $275,000.
When was 8501 Lawrence Ave built?
8501 Lawrence Ave was built in 1970.
How does 8501 Lawrence Ave compare to others on Lawrence Ave?
We track 5 other properties on Lawrence Ave. Browse the list under "Other properties on Lawrence Ave" to compare beds, baths, and sale history.
What are the property facts for 8501 Lawrence Ave?
8501 Lawrence Ave is a 3 bed, 2 bath, 1,312 sqft, 44,431 sqft lot single_family.
Is 8501 Lawrence Ave a flip candidate?
No — 8501 Lawrence Ave does not appear in our flips dataset.
Is 8501 Lawrence Ave a tax-appeal candidate?
No — 8501 Lawrence Ave 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
+1.3%
Implied 1-yr
+5.4%
2026 Q3
$416.6K
2026 Q4
$421.8K
ZIP 48197 — Median Price History + Forecast

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