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5497 Shipman Rd

Corunna, MI 48817

6 bd 4 ba 2,496 sqft Built 1957 Lot 47,045 sqft multi_family
Most recent sale
$235,000
Aug 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2022 Sold $235,000 MLS #50073831
May 11, 2022 Listed $250,000 MLS #50073831
Jun 13, 2017 Sold $138,000 Public Record
Jul 7, 2016 Listing removed $115,900 ECAR
Jun 9, 2016 Price changed $115,900 MLS #30056414
May 24, 2016 Price changed $119,900 MLS #30056414
May 20, 2016 Price changed $122,900 MLS #30056414
Apr 26, 2016 Price changed $124,900 MLS #30056414
Apr 11, 2016 Price changed $126,900 MLS #30056414
Mar 23, 2016 Listed $129,999 MLS #30056414

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $70,300 $814
2020 $69,700 $2,756
2018 $69,000 $3,575
2017 $81,900 $3,203
2016 $84,700 $3,335
2015 $77,600 $2,975
2014 $70,900 $3,148
2013 $70,000 $3,034

Property facts

Year built
1957
Property type
multi_family
Stories
2
Beds
6
Baths
4
Living area
2,496 sqft
Lot size
47,045 sqft
ZIP code
48817
City
Corunna
Street
Shipman Rd
Coordinates
43.00572, -84.06012

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,410
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5497 Shipman Rd last sell?
5497 Shipman Rd most recently sold on Aug 29, 2022 for $235,000.
What is the current tax assessment for 5497 Shipman Rd?
The most recent total assessment for 5497 Shipman Rd (year 2021) is $70,300 with $814 in property tax.
How does 5497 Shipman Rd's assessment compare to its last sale price?
The current assessment is 70.1% below the last sale price of $235,000.
When was 5497 Shipman Rd built?
5497 Shipman Rd was built in 1957.
How does 5497 Shipman Rd compare to others on Shipman Rd?
We track 8 other properties on Shipman Rd. Browse the list under "Other properties on Shipman Rd" to compare beds, baths, and sale history.
What are the property facts for 5497 Shipman Rd?
5497 Shipman Rd is a 6 bed, 4 bath, 2,496 sqft, 47,045 sqft lot multi_family.
Is 5497 Shipman Rd a flip candidate?
No — 5497 Shipman Rd does not appear in our flips dataset.
Is 5497 Shipman Rd a tax-appeal candidate?
No — 5497 Shipman Rd 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
+2.2%
Implied 1-yr
+8.8%
2026 Q2
$200.8K
2026 Q3
$204.7K
ZIP 48817 — Median Price History + Forecast

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