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514 Michigan Ave

Troy, OH 45373

2 bd 1 ba 960 sqft Built 1949 Lot 6,098 sqft single_family
Most recent sale
$120,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $120,000 MLS #860820
Apr 6, 2022 Listed $120,000 MLS #860820
Jan 11, 2016 Listing removed $88,000 Dayton
Dec 15, 2015 Sold $87,000 MLS #371369
Sep 30, 2015 Listed $88,000 MLS #371369
Sep 28, 2015 Listed $88,000 MLS #621744
Feb 28, 2015 Listing removed $39,300 Dayton
Feb 17, 2015 Sold $36,874 MLS #363395
Dec 11, 2014 Listed $39,300 MLS #363395
Dec 10, 2014 Listed $39,300 MLS #599200
May 6, 1992 Sold $45,900 Public Record
Nov 1, 1980 Sold $27,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $33,710 $8,580 $42,290 $743
2024 $33,710 $8,580 $42,290 $1,361
2023 $26,850 $9,280 $36,130 $1,341
2022 $26,850 $9,280 $36,130 $1,134
2021 $20,650 $7,140 $27,790 $918
2020 $20,650 $7,140 $27,790 $919
2019 $20,650 $7,140 $27,790 $928
2018 $16,490 $6,930 $23,420 $812
2017 $16,490 $6,930 $23,420 $820
2016 $16,490 $6,930 $23,420 $808
2015 $15,260 $6,410 $21,670 $780
2014 $15,260 $6,410 $21,670 $780
2013 $15,260 $6,410 $21,670 $785
2012 $15,090 $6,760 $21,850 $764
2011 $15,090 $6,760 $21,850 $765
2010 $15,090 $6,760 $21,850 $745
2009 $16,770 $6,760 $23,530 $790
2008 $16,770 $6,760 $23,530 $767
2007 $16,770 $6,760 $23,530 $772

Property facts

Year built
1949
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
960 sqft
Lot size
6,098 sqft
ZIP code
45373
City
Troy
Street
Michigan Ave
Coordinates
40.04512, -84.19557

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
$1,440
Gross rental yield
14.40%
Implied cap rate
9.36%
Trend-extrapolated value

Frequently asked questions

When did 514 Michigan Ave last sell?
514 Michigan Ave most recently sold on Apr 29, 2022 for $120,000.
What is the current tax assessment for 514 Michigan Ave?
The most recent total assessment for 514 Michigan Ave (year 2025) is $42,290 with $743 in property tax.
How does 514 Michigan Ave's assessment compare to its last sale price?
The current assessment is 64.8% below the last sale price of $120,000.
When was 514 Michigan Ave built?
514 Michigan Ave was built in 1949.
How does 514 Michigan Ave compare to others on Michigan Ave?
We track 8 other properties on Michigan Ave. Browse the list under "Other properties on Michigan Ave" to compare beds, baths, and sale history.
What are the property facts for 514 Michigan Ave?
514 Michigan Ave is a 2 bed, 1 bath, 960 sqft, 6,098 sqft lot single_family.
Is 514 Michigan Ave a flip candidate?
No — 514 Michigan Ave does not appear in our flips dataset.
Is 514 Michigan Ave a tax-appeal candidate?
No — 514 Michigan 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
+0.6%
Implied 1-yr
+2.4%
2026 Q3
$333.3K
2026 Q4
$335.2K
ZIP 45373 — Median Price History + Forecast

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