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524 Schafer Rd

Marion Township, MI 48843

3 bd 2 ba 1,446 sqft Built 1991 Lot 149,411 sqft single_family
Most recent sale
$350,000
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 10, 2022 Sold $350,000 Public Record
Jun 3, 2022 Sold $350,000 Realcomp
May 5, 2022 Listed $335,000 MLS #2220033184
Feb 7, 2018 Sold $255,000 MLS #3251618
Oct 11, 2017 Sold $255,000 Public Record
Sep 29, 2017 Sold $255,000 MichRic
Aug 27, 2017 Listing removed $254,900 Realcomp
Aug 23, 2017 Listed $254,900 MLS #217075684
May 30, 2009 Listing removed $1,200 Realcomp
May 15, 2009 Listed $1,200 MLS #29065368
Dec 21, 1992 Sold $122,500 Public Record
Sep 10, 1991 Sold $25,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $97,300 $1,469
2020 $97,400 $2,144
2019 $92,500 $2,113
2017 $84,200 $2,547
2016 $75,800 $2,529
2015 $72,300 $2,458
2014 $66,200 $2,460
2013 $58,800 $2,459
2012 $63,500 $2,610
2011 $65,000 $2,623
2010 $63,100 $2,515
2009 $82,100 $1,535
2008 $98,200 $948

Property facts

Year built
1991
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,446 sqft
Lot size
149,411 sqft
ZIP code
48843
City
Marion Township
Street
Schafer Rd
Coordinates
42.51170, -83.93622

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,169
Gross rental yield
7.44%
Implied cap rate
4.83%
Trend-extrapolated value

Frequently asked questions

When did 524 Schafer Rd last sell?
524 Schafer Rd most recently sold on Jun 10, 2022 for $350,000.
What is the current tax assessment for 524 Schafer Rd?
The most recent total assessment for 524 Schafer Rd (year 2021) is $97,300 with $1,469 in property tax.
How does 524 Schafer Rd's assessment compare to its last sale price?
The current assessment is 72.2% below the last sale price of $350,000.
When was 524 Schafer Rd built?
524 Schafer Rd was built in 1991.
How does 524 Schafer Rd compare to others on Schafer Rd?
We track 6 other properties on Schafer Rd. Browse the list under "Other properties on Schafer Rd" to compare beds, baths, and sale history.
What are the property facts for 524 Schafer Rd?
524 Schafer Rd is a 3 bed, 2 bath, 1,446 sqft, 149,411 sqft lot single_family.
Is 524 Schafer Rd a flip candidate?
No — 524 Schafer Rd does not appear in our flips dataset.
Is 524 Schafer Rd a tax-appeal candidate?
No — 524 Schafer Rd 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
+3.4%
Implied 1-yr
+13.5%
2026 Q3
$548.4K
2026 Q4
$563.6K
ZIP 48843 — Median Price History + Forecast

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