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56888 Red Arrow Hwy

Lawrence, MI 49064

2 bd 2 ba 1,378 sqft Built 1990 Lot 43,560 sqft single_family
Most recent sale
$50,000
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 22, 2022 Sold $50,000 Public Record
Aug 11, 2022 Sold $177,000 MichRic
May 22, 2022 Listed $179,000 MLS #22019614
Feb 16, 2012 Sold $20,000 MichRic
Feb 3, 2012 Listed $14,900 MLS #12006728

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $27,400 $289
2020 $32,600 $1,027
2019 $31,300 $1,008
2018 $32,900 $1,022
2017 $30,800 $1,003
2016 $30,400 $996
2015 $31,200 $1,574
2014 $32,700 $1,716
2013 $34,700 $1,713
2012 $32,000 $1,050
2011 $32,300 $1,060
2010 $37,500 $1,231
2009 $43,300 $1,385
2008 $42,600 $1,327

Property facts

Year built
1990
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,378 sqft
Lot size
43,560 sqft
ZIP code
49064
City
Lawrence
Street
Red Arrow Hwy
Coordinates
42.21794, -86.09896

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 56888 Red Arrow Hwy last sell?
56888 Red Arrow Hwy most recently sold on Aug 22, 2022 for $50,000.
What is the current tax assessment for 56888 Red Arrow Hwy?
The most recent total assessment for 56888 Red Arrow Hwy (year 2021) is $27,400 with $289 in property tax.
How does 56888 Red Arrow Hwy's assessment compare to its last sale price?
The current assessment is 45.2% below the last sale price of $50,000.
When was 56888 Red Arrow Hwy built?
56888 Red Arrow Hwy was built in 1990.
How does 56888 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 56888 Red Arrow Hwy?
56888 Red Arrow Hwy is a 2 bed, 2 bath, 1,378 sqft, 43,560 sqft lot single_family.
Is 56888 Red Arrow Hwy a flip candidate?
No — 56888 Red Arrow Hwy does not appear in our flips dataset.
Is 56888 Red Arrow Hwy a tax-appeal candidate?
No — 56888 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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