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7491 Morgan Ln

Caledonia, MI 49316

3 bd 3 ba 3,432 sqft Built 2007 Lot 13,068 sqft single_family
Most recent sale
$575,000
Apr 2, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 2, 2024 Sold $575,000 MichRic
Feb 29, 2024 Listed $575,000 MichRic
Jun 4, 2007 Sold $68,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $206,800 $4,549
2021 $194,300 $4,421
2020 $183,800 $4,386
2019 $170,900 $4,324
2018 $163,700 $4,245
2017 $160,000 $4,061
2016 $153,600 $2,713
2015 $145,100 $3,810
2014 $134,400 $3,737
2013 $129,100 $3,597
2012 $125,100 $3,513
2011 $127,000 $3,566
2009 $152,500 $4,304
2008 $169,800 $4,792
2007 $25,000 $364

Property facts

Year built
2007
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
3,432 sqft
Lot size
13,068 sqft
ZIP code
49316
City
Caledonia
Street
Morgan Ln
Coordinates
42.82816, -85.53754

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,148
Gross rental yield
10.74%
Implied cap rate
6.98%
Trend-extrapolated value

Frequently asked questions

When did 7491 Morgan Ln last sell?
7491 Morgan Ln most recently sold on Apr 2, 2024 for $575,000.
What is the current tax assessment for 7491 Morgan Ln?
The most recent total assessment for 7491 Morgan Ln (year 2022) is $206,800 with $4,549 in property tax.
How does 7491 Morgan Ln's assessment compare to its last sale price?
The current assessment is 64.0% below the last sale price of $575,000.
When was 7491 Morgan Ln built?
7491 Morgan Ln was built in 2007.
How does 7491 Morgan Ln compare to others on Morgan Ln?
We track 8 other properties on Morgan Ln. Browse the list under "Other properties on Morgan Ln" to compare beds, baths, and sale history.
What are the property facts for 7491 Morgan Ln?
7491 Morgan Ln is a 3 bed, 3 bath, 3,432 sqft, 13,068 sqft lot single_family.
Is 7491 Morgan Ln a flip candidate?
No — 7491 Morgan Ln does not appear in our flips dataset.
Is 7491 Morgan Ln a tax-appeal candidate?
No — 7491 Morgan Ln 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
+2.6%
Implied 1-yr
+10.4%
2026 Q3
$488.6K
2026 Q4
$499.5K
ZIP 49316 — Median Price History + Forecast

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