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254 Homer Rd

Midland, MI 48640

2 bd 1 ba 985 sqft Built 1958 Lot 26,572 sqft single_family
Most recent sale
$78,000
Oct 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 5, 2022 Sold $78,000 MLS #1904643
Sep 6, 2022 Listed $87,500 MLS #1904643

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $47,100 $422
2020 $45,400 $1,263
2019 $43,800 $1,231
2017 $42,700 $1,166
2016 $43,000 $1,687
2015 $42,900 $1,709
2014 $44,800 $1,564
2013 $43,000 $1,572
2012 $41,900 $1,628
2011 $42,700 $1,617
2010 $43,200 $1,539
2009 $39,800 $444
2008 $40,200 $1,383

Property facts

Year built
1958
Property type
single_family
Stories
Beds
2
Baths
1
Living area
985 sqft
Lot size
26,572 sqft
ZIP code
48640
City
Midland
Street
Homer Rd
Coordinates
43.61942, -84.32985

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$468
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 254 Homer Rd last sell?
254 Homer Rd most recently sold on Oct 5, 2022 for $78,000.
What is the current tax assessment for 254 Homer Rd?
The most recent total assessment for 254 Homer Rd (year 2021) is $47,100 with $422 in property tax.
How does 254 Homer Rd's assessment compare to its last sale price?
The current assessment is 39.6% below the last sale price of $78,000.
When was 254 Homer Rd built?
254 Homer Rd was built in 1958.
How does 254 Homer Rd compare to others on Homer Rd?
We track 8 other properties on Homer Rd. Browse the list under "Other properties on Homer Rd" to compare beds, baths, and sale history.
What are the property facts for 254 Homer Rd?
254 Homer Rd is a 2 bed, 1 bath, 985 sqft, 26,572 sqft lot single_family.
Is 254 Homer Rd a flip candidate?
No — 254 Homer Rd does not appear in our flips dataset.
Is 254 Homer Rd a tax-appeal candidate?
No — 254 Homer 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
-3.5%
Implied 1-yr
-13.8%
2026 Q3
$192.4K
2026 Q4
$183.8K
ZIP 48640 — Median Price History + Forecast

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