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12948 Townsend Dr

Grand Ledge, MI 48837

3 bd 2 ba 1,180 sqft Built 2005 condos
Most recent sale
$137,500
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 27, 2022 Sold $137,500 MLS #263833
Apr 21, 2022 Sold $145,000 MLS #263833
Apr 6, 2022 Listed $139,900 MLS #263833
Jan 31, 2017 Sold $89,900 MLS #210018
Oct 18, 2016 Price changed $89,900 MLS #210018
Sep 26, 2016 Listed $92,900 MLS #210018
Feb 5, 2013 Sold $74,000 Public Record
Nov 29, 2012 Sold $74,000 MLS #33196
Jan 16, 2012 Listed $75,000 MLS #33196

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $78,700 $1,551
2024 $78,700 $2,884
2023 $69,300 $2,686
2022 $59,000 $1,769
2021 $56,700 $943
2020 $53,800 $1,667
2019 $50,200 $2,462
2018 $44,000 $864
2017 $42,000 $1,072
2011 $40,600 $1,487
2010 $50,000 $1,458
2009 $55,600 $1,452
2008 $59,800 $1,379
2007 $62,400 $1,367
2006 $62,100 $1,299

Property facts

Year built
2005
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
1,180 sqft
Lot size
ZIP code
48837
City
Grand Ledge
Street
Townsend Dr
Coordinates
42.74044, -84.70515

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
$825
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 27, 2022 for $137,500.
What is the current tax assessment for 12948 Townsend Dr?
The most recent total assessment for 12948 Townsend Dr (year 2025) is $78,700 with $1,551 in property tax.
How does 12948 Townsend Dr's assessment compare to its last sale price?
The current assessment is 42.8% below the last sale price of $137,500.
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, 1,180 sqft condos.
Is 12948 Townsend Dr a flip candidate?
No — 12948 Townsend Dr does not appear in our flips dataset.
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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