5135 Lotan Rd
Lake City, MI 49651
3 bd 3 ba 1,680 sqft Built 1997 Lot 1,742,400 sqft single_family
Most recent sale
$296,500
Jul 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 22, 2022 | Sold | $296,500 | MLS #1902201 |
| Jul 6, 2022 | Listed | $299,900 | MLS #1902201 |
| Nov 18, 2020 | Sold | $264,000 | MLS #1875926 |
| Sep 2, 2020 | Price changed | $290,000 | MLS #1875926 |
| Jun 15, 2020 | Listed | $329,000 | MLS #1875926 |
| Aug 26, 2019 | Listed | $349,000 | MLS #1866535 |
| Aug 20, 2018 | Listed | $349,000 | MLS #1851575 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $17,300 | $139 |
| 2020 | — | — | $15,800 | $590 |
| 2019 | — | — | $16,100 | $576 |
| 2018 | — | — | $15,100 | $559 |
| 2017 | — | — | $15,100 | $547 |
| 2016 | — | — | $15,100 | $543 |
| 2015 | — | — | $12,800 | $501 |
| 2014 | — | — | $11,500 | $489 |
| 2013 | — | — | $11,900 | $503 |
| 2012 | — | — | $12,600 | $535 |
| 2010 | — | — | $15,100 | $634 |
| 2009 | — | — | $16,900 | $715 |
Property facts
Year built
1997
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,680 sqft
Lot size
1,742,400 sqft
ZIP code
49651
City
Lake City
Street
Lotan Rd
Coordinates
44.34163, -85.22009
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,520
Gross rental yield
10.20%
Implied cap rate
6.63%
Trend-extrapolated value
—
Frequently asked questions
When did 5135 Lotan Rd last sell?
5135 Lotan Rd most recently sold on Jul 22, 2022 for $296,500.
What is the current tax assessment for 5135 Lotan Rd?
The most recent total assessment for 5135 Lotan Rd (year 2021) is $17,300 with $139 in property tax.
How does 5135 Lotan Rd's assessment compare to its last sale price?
The current assessment is 94.2% below the last sale price of $296,500.
When was 5135 Lotan Rd built?
5135 Lotan Rd was built in 1997.
How does 5135 Lotan Rd compare to others on Lotan Rd?
We track 8 other properties on Lotan Rd. Browse the list under "Other properties on Lotan Rd" to compare beds, baths, and sale history.
What are the property facts for 5135 Lotan Rd?
5135 Lotan Rd is a 3 bed, 3 bath, 1,680 sqft, 1,742,400 sqft lot single_family.
Is 5135 Lotan Rd a flip candidate?
No — 5135 Lotan Rd does not appear in our flips dataset.
Is 5135 Lotan Rd a tax-appeal candidate?
No — 5135 Lotan Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.4%
Implied 1-yr
+9.7%
2026 Q3
$289.7K
2026 Q4
$295.7K
ZIP 49651 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lotan Rd