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981 Pennine Ridge Way

Grand Ledge, MI 48837

4 bd 3 ba 2,370 sqft Built 2016 Lot 10,454 sqft single_family
Most recent sale
$289,900
Jul 28, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 30, 2024 Listed for rent $2,650 Avail
Mar 6, 2024 Listed $343,975 GreaterLansingArea
Jul 28, 2021 Sold $289,900 GreaterLansingArea
Apr 28, 2016 Sold $214,900 GreaterLansingArea
Jan 20, 2016 Listing removed $209,900 GreaterLansingArea
Dec 15, 2015 Listed $209,900 GreaterLansingArea

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $143,900 $9,526
2021 $134,500 $5,419
2020 $128,600 $5,255
2019 $121,800 $4,953
2018 $108,000 $3,462
2017 $105,300 $4,589
2016 $28,500 $918

Property facts

Year built
2016
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,370 sqft
Lot size
10,454 sqft
ZIP code
48837
City
Grand Ledge
Street
Pennine Ridge Way
Coordinates
42.76391, -84.75402

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
$1,739
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 981 Pennine Ridge Way last sell?
981 Pennine Ridge Way most recently sold on Jul 28, 2021 for $289,900.
What is the current tax assessment for 981 Pennine Ridge Way?
The most recent total assessment for 981 Pennine Ridge Way (year 2022) is $143,900 with $9,526 in property tax.
How does 981 Pennine Ridge Way's assessment compare to its last sale price?
The current assessment is 50.4% below the last sale price of $289,900.
When was 981 Pennine Ridge Way built?
981 Pennine Ridge Way was built in 2016.
How does 981 Pennine Ridge Way compare to others on Pennine Ridge Way?
We track 8 other properties on Pennine Ridge Way. Browse the list under "Other properties on Pennine Ridge Way" to compare beds, baths, and sale history.
What are the property facts for 981 Pennine Ridge Way?
981 Pennine Ridge Way is a 4 bed, 3 bath, 2,370 sqft, 10,454 sqft lot single_family.
Is 981 Pennine Ridge Way a flip candidate?
No — 981 Pennine Ridge Way does not appear in our flips dataset.
Is 981 Pennine Ridge Way a tax-appeal candidate?
No — 981 Pennine Ridge Way 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
+1.9%
Implied 1-yr
+7.6%
2026 Q3
$363.6K
2026 Q4
$369.7K
ZIP 48837 — Median Price History + Forecast

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