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55361 Red Arrow Hwy

Lawrence, MI 49064

2 bd 1 ba 1,000 sqft Built 1956 Lot 265,716 sqft single_family
Most recent sale
$135,000
May 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 4, 2022 Sold $135,000 Public Record
Apr 29, 2022 Sold $135,000 MichRic
Apr 12, 2022 Listed $135,000 MLS #22012189
Apr 19, 2016 Listing removed $119,900 MichRic
Apr 10, 2016 Price changed $119,900 MLS #16003941
Feb 1, 2016 Listed $124,900 MLS #16003941

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $89,700 $780
2024 $89,700 $3,863
2023 $68,500 $3,590
2022 $60,400 $1,582
2021 $62,800 $473
2020 $53,400 $1,420
2019 $51,400 $1,395
2018 $53,100 $1,380
2017 $52,800 $1,354
2016 $47,200 $1,345
2015 $52,300 $433
2014 $46,000 $1,383
2013 $46,100 $1,351
2012 $43,300 $1,271
2011 $43,900 $1,237
2010 $51,400 $1,217
2009 $58,200 $1,211
2008 $57,700 $1,160

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,000 sqft
Lot size
265,716 sqft
ZIP code
49064
City
Lawrence
Street
Red Arrow Hwy
Coordinates
42.21806, -86.08387

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,500
Gross rental yield
13.33%
Implied cap rate
8.67%
Trend-extrapolated value

Frequently asked questions

When did 55361 Red Arrow Hwy last sell?
55361 Red Arrow Hwy most recently sold on May 4, 2022 for $135,000.
What is the current tax assessment for 55361 Red Arrow Hwy?
The most recent total assessment for 55361 Red Arrow Hwy (year 2025) is $89,700 with $780 in property tax.
How does 55361 Red Arrow Hwy's assessment compare to its last sale price?
The current assessment is 33.6% below the last sale price of $135,000.
When was 55361 Red Arrow Hwy built?
55361 Red Arrow Hwy was built in 1956.
How does 55361 Red Arrow Hwy compare to others on Red Arrow Hwy?
We track 8 other properties on Red Arrow Hwy. Browse the list under "Other properties on Red Arrow Hwy" to compare beds, baths, and sale history.
What are the property facts for 55361 Red Arrow Hwy?
55361 Red Arrow Hwy is a 2 bed, 1 bath, 1,000 sqft, 265,716 sqft lot single_family.
Is 55361 Red Arrow Hwy a flip candidate?
No — 55361 Red Arrow Hwy does not appear in our flips dataset.
Is 55361 Red Arrow Hwy a tax-appeal candidate?
No — 55361 Red Arrow Hwy 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
-5.2%
Implied 1-yr
-20.9%
2026 Q3
$157.7K
2026 Q4
$145.2K
ZIP 49064 — Median Price History + Forecast

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