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1615 Five Lakes Rd

Mayfield, MI 48412

3 bd 1 ba 2,121 sqft Built 1993 Lot 222,592 sqft single_family
Most recent sale
$335,000
Feb 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 15, 2026 Listed $435,000 Realcomp
Mar 4, 2026 Listed $435,000 Realcomp
Apr 6, 2024 Listing removed Realcomp
Mar 16, 2024 Listed $449,000 Realcomp
Feb 14, 2022 Sold $335,000 MLS #50063886
Jan 10, 2022 Listed $319,900 MLS #50063886
May 25, 2017 Sold $258,000 Public Record
Apr 6, 2017 Listing removed $225,000 Realcomp
Mar 7, 2017 Listed $225,000 MLS #217017757
May 27, 2015 Sold $190,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $158,500 $2,577
2021 $155,300 $1,155
2020 $138,500 $2,329
2019 $124,600 $2,361
2017 $111,300 $2,232
2016 $107,100 $2,221
2015 $104,400 $1,700
2014 $89,600 $1,665
2013 $88,400 $1,646
2012 $79,800 $1,600
2011 $80,800 $1,596
2010 $85,700 $1,653
2009 $106,100 $1,968
2008 $126,700 $1,013
2007 $126,300 $989

Property facts

Year built
1993
Property type
single_family
Stories
Beds
3
Baths
1
Living area
2,121 sqft
Lot size
222,592 sqft
ZIP code
48412
City
Mayfield
Street
Five Lakes Rd
Coordinates
43.07838, -83.22916

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,182
Gross rental yield
11.40%
Implied cap rate
7.41%
Trend-extrapolated value

Frequently asked questions

When did 1615 Five Lakes Rd last sell?
1615 Five Lakes Rd most recently sold on Feb 14, 2022 for $335,000.
What is the current tax assessment for 1615 Five Lakes Rd?
The most recent total assessment for 1615 Five Lakes Rd (year 2022) is $158,500 with $2,577 in property tax.
How does 1615 Five Lakes Rd's assessment compare to its last sale price?
The current assessment is 52.7% below the last sale price of $335,000.
When was 1615 Five Lakes Rd built?
1615 Five Lakes Rd was built in 1993.
How does 1615 Five Lakes Rd compare to others on Five Lakes Rd?
We track 4 other properties on Five Lakes Rd. Browse the list under "Other properties on Five Lakes Rd" to compare beds, baths, and sale history.
What are the property facts for 1615 Five Lakes Rd?
1615 Five Lakes Rd is a 3 bed, 1 bath, 2,121 sqft, 222,592 sqft lot single_family.
Is 1615 Five Lakes Rd a flip candidate?
No — 1615 Five Lakes Rd does not appear in our flips dataset.
Is 1615 Five Lakes Rd a tax-appeal candidate?
No — 1615 Five Lakes 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
+3.3%
Implied 1-yr
+13.4%
2026 Q2
$364.3K
2026 Q3
$374.3K
ZIP 48412 — Median Price History + Forecast

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