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5000 Townhouse Dr

Cedar, MI 49621

3 bd 3 ba 1,430 sqft Built 1978 Lot 871 sqft townhomes
Most recent sale
$236,500
Jan 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 5, 2022 Sold $236,500 Public Record
Nov 5, 2021 Listed $250,000 MLS #1894808
Oct 7, 2016 Sold $83,500 MLS #1817130
Aug 19, 2016 Listed $93,500 MLS #1817130
Jul 18, 2012 Price changed $68,500 MLS #1735167
Apr 24, 2012 Listed $78,500 MLS #1735167

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $119,600 $1,927
2023 $72,300 $2,251
2022 $59,800 $782
2019 $39,400 $546

Property facts

Year built
1978
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,430 sqft
Lot size
871 sqft
ZIP code
49621
City
Cedar
Street
Townhouse Dr
Coordinates
44.90948, -85.81617

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
$2,145
Gross rental yield
10.88%
Implied cap rate
7.07%
Trend-extrapolated value

Frequently asked questions

When did 5000 Townhouse Dr last sell?
5000 Townhouse Dr most recently sold on Jan 5, 2022 for $236,500.
What is the current tax assessment for 5000 Townhouse Dr?
The most recent total assessment for 5000 Townhouse Dr (year 2024) is $119,600 with $1,927 in property tax.
How does 5000 Townhouse Dr's assessment compare to its last sale price?
The current assessment is 49.4% below the last sale price of $236,500.
When was 5000 Townhouse Dr built?
5000 Townhouse Dr was built in 1978.
How does 5000 Townhouse Dr compare to others on Townhouse Dr?
We track 8 other properties on Townhouse Dr. Browse the list under "Other properties on Townhouse Dr" to compare beds, baths, and sale history.
What are the property facts for 5000 Townhouse Dr?
5000 Townhouse Dr is a 3 bed, 3 bath, 1,430 sqft, 871 sqft lot townhomes.
Is 5000 Townhouse Dr a flip candidate?
No — 5000 Townhouse Dr does not appear in our flips dataset.
Is 5000 Townhouse Dr a tax-appeal candidate?
No — 5000 Townhouse Dr 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
+3.6%
Implied 1-yr
+14.3%
2026 Q2
$530.3K
2026 Q3
$545.7K
ZIP 49621 — Median Price History + Forecast

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