Contingent

$225,000

505 Lafayette Ave, Cheboygan, MI 49721

3beds

1,583sqft

$1,446/mo

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Single Family Residence

Built in ----

3 Acres Lot

$226,000 Zestimate^®

$142/sqft

$-- HOA

What's special

Two-bay garage

Calling all outdoor wildlife enthusiasts! This spacious 3-bedroom, 1-bath home sits on 3 acres of prime city hunting property, offering a rare opportunity to enjoy the outdoors right from home. The property features a sunroom/porch, a two-bay garage, several garden areas perfect for growing your own vegetables or flowers, and mature apple trees that attract abundant wildlife. Recent upgrades include a new well, roof, water heater, sump pump, and moisture barrier (all approximately five years ago), along with the addition of a third bedroom, several lighting and plumbing updates, and newer appliances. As an added bonus, city bow hunting was approved in the area last year, making this an exceptional property for outdoor enthusiasts.

21 days

615

51

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Baseboard, Hot Water, Natural Gas

Appliances

Included: Washer, Range/Oven, Refrigerator, Microwave, Dryer, Dishwasher
Laundry: Main Level

Features

Ceiling Fan(s)
Flooring: Hardwood

Interior area

Total structure area: 1,583
Total interior livable area: 1,583 sqft
Finished area above ground: 1,583

Property

Parking

Parking features: Garage
Has garage: Yes

Features

Stories: 1
Exterior features: Garden
Frontage type: None

Lot

Size: 3 Acres
Dimensions: 220' x 594'

Details

Parcel number: 05203240300100
Special conditions: Listing Status; Active with 48/72 hr Contingency

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Foundation: Crawl

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: T38N R1W

Location

Region: Cheboygan

Financial & listing details

Price per square foot: $142/sqft
Tax assessed value: $161,000
Annual tax amount: $2,430
Date on market: 7/24/2026
Listing terms: Cash,Conventional Mortgage
Ownership: Owner
Road surface type: Paved, Maintained

Estimated market value

$226,000

$215,000 - $237,000

$1,806/mo

Price history

Date	Event	Price
7/30/2026	Contingent	$225,000$142/sqft
Source: WWMLS #201841663 Report a problem
7/24/2026	Listed for sale	$225,000$142/sqft
Source: WWMLS #201841663 Report a problem
7/18/2026	Listing removed	$225,000$142/sqft
Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate #201841076 Report a problem
7/10/2026	Price change	$225,000-4.3%$142/sqft
Source: WWMLS #201841076 Report a problem
6/26/2026	Listed for sale	$235,000+46.9%$148/sqft
Source: WWMLS #201841076 Report a problem
4/12/2022	Sold	$160,000+4.6%$101/sqft
Source: WWMLS #201817344 Report a problem
3/14/2022	Listed for sale	$153,000$97/sqft
Source: WWMLS #201817344 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,430 +18.9%	$80,500 +14.7%
2024	$2,044 +51.1%	$70,200 +25.8%
2023	$1,352 -34.2%	$55,800 +42%
2022	$2,057	$39,300 +2.6%
2021	--	$38,300
2020	--	$38,300 +6.1%
2019	--	$36,100 +1.7%
2018	--	$35,500 +0.6%
2017	--	$35,300 -1.7%
2016	--	$35,900 +1.4%
2015	--	$35,400 +2.9%
2014	--	$34,400 -12.5%
2012	--	$39,300 -3.9%
2011	--	$40,900 +36.3%
2010	--	$30,000