4950 Elder Rd
Mancelona, MI 49659
5 bd 4 ba 4,417 sqft Built 1997 Lot 2,613,600 sqft single_family
Most recent sale
$630,500
Dec 22, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 22, 2021 | Sold | $630,500 | MLS #1893788 |
| Oct 7, 2021 | Listed | $649,900 | MLS #1893788 |
| Apr 27, 2021 | Sold | $200,000 | Public Record |
| Apr 7, 2011 | Listing removed | $168,900 | NGLRMLS |
| Mar 28, 2011 | Relisted | $168,900 | MLS #1720966 |
| Feb 21, 2011 | Listing removed | $168,900 | NGLRMLS |
| Jan 26, 2011 | Relisted | $168,900 | MLS #1720966 |
| Jan 4, 2011 | Listing removed | $152,900 | NGLRMLS |
| Jan 3, 2011 | Relisted | $152,900 | MLS #1720966 |
| Dec 31, 2010 | Listing removed | $152,900 | NGLRMLS |
| Oct 6, 2010 | Listed | $152,900 | MLS #1720966 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $16,000 | $536 |
| 2020 | — | — | $15,000 | $673 |
| 2019 | — | — | $15,000 | $667 |
| 2018 | — | — | $15,000 | $396 |
| 2017 | — | — | $15,000 | $388 |
| 2016 | — | — | $14,500 | $265 |
| 2015 | — | — | $15,000 | $399 |
| 2014 | — | — | $14,969 | $398 |
| 2013 | — | — | $15,000 | $394 |
| 2012 | — | — | $15,000 | $397 |
| 2011 | — | — | $15,000 | $663 |
| 2010 | — | — | $24,000 | $742 |
Property facts
Year built
1997
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
4,417 sqft
Lot size
2,613,600 sqft
ZIP code
49659
City
Mancelona
Street
Elder Rd
Coordinates
44.89184, -85.18799
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
$6,626
Gross rental yield
12.61%
Implied cap rate
8.20%
Trend-extrapolated value
—
Frequently asked questions
When did 4950 Elder Rd last sell?
4950 Elder Rd most recently sold on Dec 22, 2021 for $630,500.
What is the current tax assessment for 4950 Elder Rd?
The most recent total assessment for 4950 Elder Rd (year 2021) is $16,000 with $536 in property tax.
How does 4950 Elder Rd's assessment compare to its last sale price?
The current assessment is 97.5% below the last sale price of $630,500.
When was 4950 Elder Rd built?
4950 Elder Rd was built in 1997.
How does 4950 Elder Rd compare to others on Elder Rd?
We track 8 other properties on Elder Rd. Browse the list under "Other properties on Elder Rd" to compare beds, baths, and sale history.
What are the property facts for 4950 Elder Rd?
4950 Elder Rd is a 5 bed, 4 bath, 4,417 sqft, 2,613,600 sqft lot single_family.
Is 4950 Elder Rd a flip candidate?
Yes — 4950 Elder Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4950 Elder Rd a tax-appeal candidate?
No — 4950 Elder 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
+2.0%
Implied 1-yr
+8.0%
2026 Q1
$214.4K
2026 Q2
$218.2K
ZIP 49659 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Elder Rd