5488 East Torch Lake Dr
Bellaire, MI 49615
4 bd 2 ba 1,836 sqft Built 1939 Lot 39,640 sqft single_family
Most recent sale
$875,000
Sep 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 23, 2022 | Sold | $875,000 | MLS #1902588 |
| Jul 15, 2022 | Listed | $995,000 | MLS #1902588 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $300,100 | $3,050 |
| 2020 | — | — | $292,700 | $4,494 |
| 2019 | — | — | $285,700 | $4,426 |
| 2018 | — | — | $293,200 | $4,317 |
| 2017 | — | — | $289,400 | $4,233 |
| 2016 | — | — | $268,800 | $3,026 |
| 2015 | — | — | $263,900 | $4,171 |
| 2014 | — | — | $261,733 | $4,003 |
| 2013 | — | — | $262,200 | $3,890 |
| 2012 | — | — | $261,200 | $3,802 |
| 2011 | — | — | $261,400 | $3,601 |
| 2010 | — | — | $276,600 | $3,408 |
Property facts
Year built
1939
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,836 sqft
Lot size
39,640 sqft
ZIP code
49615
City
Bellaire
Street
East Torch Lake Dr
Coordinates
44.95387, -85.27969
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,754
Gross rental yield
3.78%
Implied cap rate
2.45%
Trend-extrapolated value
—
Frequently asked questions
When did 5488 East Torch Lake Dr last sell?
5488 East Torch Lake Dr most recently sold on Sep 23, 2022 for $875,000.
What is the current tax assessment for 5488 East Torch Lake Dr?
The most recent total assessment for 5488 East Torch Lake Dr (year 2021) is $300,100 with $3,050 in property tax.
How does 5488 East Torch Lake Dr's assessment compare to its last sale price?
The current assessment is 65.7% below the last sale price of $875,000.
When was 5488 East Torch Lake Dr built?
5488 East Torch Lake Dr was built in 1939.
How does 5488 East Torch Lake Dr compare to others on East Torch Lake Dr?
We track 8 other properties on East Torch Lake Dr. Browse the list under "Other properties on East Torch Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 5488 East Torch Lake Dr?
5488 East Torch Lake Dr is a 4 bed, 2 bath, 1,836 sqft, 39,640 sqft lot single_family.
Is 5488 East Torch Lake Dr a flip candidate?
No — 5488 East Torch Lake Dr does not appear in our flips dataset.
Is 5488 East Torch Lake Dr a tax-appeal candidate?
No — 5488 East Torch Lake Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.0%
Implied 1-yr
+12.0%
2026 Q3
$326K
2026 Q4
$334.2K
ZIP 49615 — Median Price History + Forecast
Explore nearby
Geography
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