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12948 Townsend Dr

Grand Ledge, MI 48837

3 bd 2 ba 1,198 sqft Built 2005 condos
Most recent sale
$145,000
Apr 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 21, 2022 Sold $145,000 MLS #263194
Mar 9, 2022 Listed $140,000 MLS #263194
Apr 15, 2021 Sold $120,000 MLS #252722
Jan 26, 2021 Listed $129,900 MLS #252722
Dec 16, 2019 Sold $112,000 MLS #242692
Nov 22, 2019 Listed $115,000 MLS #242692
Aug 28, 2014 Sold $81,500 MLS #59884
Jun 6, 2014 Listed $85,000 MLS #59884
Mar 15, 2011 Sold $68,000 MLS #17993
Nov 10, 2010 Price changed $75,000 MLS #17993
Sep 9, 2010 Listed $87,500 MLS #17993

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $82,000 $1,594
2024 $82,000 $2,963
2023 $71,200 $2,760
2022 $60,900 $2,240
2021 $58,300 $1,136
2020 $55,300 $2,008
2019 $51,500 $1,440
2018 $45,500 $1,350
2017 $42,900 $1,322
2011 $41,400 $981
2010 $51,100 $1,459
2009 $56,800 $1,452
2008 $61,100 $1,379
2007 $63,700 $1,368
2006 $63,500 $1,299

Property facts

Year built
2005
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
1,198 sqft
Lot size
ZIP code
48837
City
Grand Ledge
Street
Townsend Dr
Coordinates
42.74030, -84.70510

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
$870
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 12948 Townsend Dr last sell?
12948 Townsend Dr most recently sold on Apr 21, 2022 for $145,000.
What is the current tax assessment for 12948 Townsend Dr?
The most recent total assessment for 12948 Townsend Dr (year 2025) is $82,000 with $1,594 in property tax.
How does 12948 Townsend Dr's assessment compare to its last sale price?
The current assessment is 43.4% below the last sale price of $145,000.
When was 12948 Townsend Dr built?
12948 Townsend Dr was built in 2005.
How does 12948 Townsend Dr compare to others on Townsend Dr?
We track 8 other properties on Townsend Dr. Browse the list under "Other properties on Townsend Dr" to compare beds, baths, and sale history.
What are the property facts for 12948 Townsend Dr?
12948 Townsend Dr is a 3 bed, 2 bath, 1,198 sqft condos.
Is 12948 Townsend Dr a flip candidate?
Yes — 12948 Townsend Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 12948 Townsend Dr a tax-appeal candidate?
No — 12948 Townsend 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
+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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