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1036 Madrid Ln

Lake Isabella, MI 48893

4 bd 3 ba 1,904 sqft Built 1992 Lot 23,958 sqft single_family
Most recent sale
$145,000
Oct 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 12, 2022 Sold $145,000 MLS #1903631
Aug 9, 2022 Listed $147,500 MLS #1903631
Aug 5, 2021 Listed $149,900 MLS #1891387
Sep 10, 2012 Relisted $9,900 MLS #121731
Aug 16, 2012 Listed $18,050 MLS #121731
Jul 10, 2012 Price changed $19,000 MLS #87009
Jun 7, 2012 Price changed $20,850 MLS #87009
May 14, 2012 Price changed $21,950 MLS #87009
Apr 11, 2012 Listed $23,100 MLS #87009
Jan 16, 2009 Sold $76,200 Public Record
Feb 22, 2008 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $25,700 $1,210
2019 $25,300 $305
2018 $29,100 $1,251
2017 $28,600 $1,296
2016 $30,200 $1,558
2015 $29,200 $1,571
2013 $25,900 $1,603

Property facts

Year built
1992
Property type
single_family
Stories
Beds
4
Baths
3
Living area
1,904 sqft
Lot size
23,958 sqft
ZIP code
48893
City
Lake Isabella
Street
Madrid Ln
Coordinates
43.64650, -85.01565

Comparable properties nearby

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 1036 Madrid Ln last sell?
1036 Madrid Ln most recently sold on Oct 12, 2022 for $145,000.
What is the current tax assessment for 1036 Madrid Ln?
The most recent total assessment for 1036 Madrid Ln (year 2020) is $25,700 with $1,210 in property tax.
How does 1036 Madrid Ln's assessment compare to its last sale price?
The current assessment is 82.3% below the last sale price of $145,000.
When was 1036 Madrid Ln built?
1036 Madrid Ln was built in 1992.
How does 1036 Madrid Ln compare to others on Madrid Ln?
We track 3 other properties on Madrid Ln. Browse the list under "Other properties on Madrid Ln" to compare beds, baths, and sale history.
What are the property facts for 1036 Madrid Ln?
1036 Madrid Ln is a 4 bed, 3 bath, 1,904 sqft, 23,958 sqft lot single_family.
Is 1036 Madrid Ln a flip candidate?
No — 1036 Madrid Ln does not appear in our flips dataset.
Is 1036 Madrid Ln a tax-appeal candidate?
No — 1036 Madrid Ln 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
-2.7%
Implied 1-yr
-10.7%
2026 Q3
$212.3K
2026 Q4
$212.3K
ZIP 48893 — Median Price History + Forecast

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