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3865 Krafft Rd

Fort Gratiot, MI 48059

2 bd 2 ba 1,242 sqft Built 1986 condo
Most recent sale
$209,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2026 Listing removed $224,000 MiRealSource
Mar 6, 2026 Price changed $224,000 MiRealSource
Nov 21, 2025 Listed $224,900 MiRealSource
Jun 29, 2022 Sold $209,000 Public Record
Jun 22, 2022 Sold $209,000 Realcomp
Apr 23, 2022 Relisted $209,900 MLS #2220006350
Feb 10, 2022 Relisted $209,900 MLS #2220006350
Jan 30, 2022 Listed $209,900 MLS #2220006350

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $110,800 $209
2022 $73,500 $1,588
2021 $39,300 $1,338
2020 $59,500 $1,957
2019 $55,400 $1,909
2018 $55,000 $1,869
2017 $46,800 $1,808
2016 $38,700 $1,765
2015 $35,300 $1,690
2014 $33,200 $1,665
2013 $35,000 $1,719
2012 $46,200 $2,192
2011 $52,200 $2,376
2010 $55,600 $2,303
2009 $63,100 $2,300
2008 $66,800 $1,699
2007 $66,400 $1,660

Property facts

Year built
1986
Property type
condo
Stories
1
Beds
2
Baths
2
Living area
1,242 sqft
Lot size
ZIP code
48059
City
Fort Gratiot
Street
Krafft Rd
Coordinates
43.02401, -82.48960

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
$1,863
Gross rental yield
10.70%
Implied cap rate
6.95%
Trend-extrapolated value

Frequently asked questions

When did 3865 Krafft Rd last sell?
3865 Krafft Rd most recently sold on Jun 29, 2022 for $209,000.
What is the current tax assessment for 3865 Krafft Rd?
The most recent total assessment for 3865 Krafft Rd (year 2024) is $110,800 with $209 in property tax.
How does 3865 Krafft Rd's assessment compare to its last sale price?
The current assessment is 47.0% below the last sale price of $209,000.
When was 3865 Krafft Rd built?
3865 Krafft Rd was built in 1986.
How does 3865 Krafft Rd compare to others on Krafft Rd?
We track 8 other properties on Krafft Rd. Browse the list under "Other properties on Krafft Rd" to compare beds, baths, and sale history.
What are the property facts for 3865 Krafft Rd?
3865 Krafft Rd is a 2 bed, 2 bath, 1,242 sqft condo.
Is 3865 Krafft Rd a flip candidate?
No — 3865 Krafft Rd does not appear in our flips dataset.
Is 3865 Krafft Rd a tax-appeal candidate?
No — 3865 Krafft 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
+0.9%
Implied 1-yr
+3.4%
2026 Q3
$299.2K
2026 Q4
$301.6K
ZIP 48059 — Median Price History + Forecast

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