7040 Penn Ct
Portland, MI 48875
2 bd 2 ba 1,238 sqft Built 2025 Lot 9,148 sqft single_family
Most recent sale
$230,000
Aug 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 11, 2025 | Sold | $370,000 | MichRic |
| Aug 12, 2022 | Sold | $230,000 | Public Record |
| Sep 29, 2021 | Listed | $29,900 | MLS #21108212 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $80,800 | $2,300 |
| 2023 | — | — | $12,200 | $563 |
| 2022 | — | — | $12,200 | $265 |
| 2021 | — | — | $12,200 | $59 |
| 2020 | — | — | $11,700 | $254 |
| 2019 | — | — | $12,700 | $250 |
| 2018 | — | — | $12,700 | $244 |
| 2017 | — | — | $12,700 | $233 |
| 2016 | — | — | $12,700 | $229 |
| 2015 | — | — | $10,100 | $54 |
| 2014 | — | — | $10,100 | $224 |
| 2013 | — | — | $10,600 | $221 |
| 2012 | — | — | $10,600 | $215 |
| 2011 | — | — | $7,600 | $210 |
| 2010 | — | — | $7,600 | $206 |
| 2009 | — | — | $7,200 | $202 |
| 2008 | — | — | $7,600 | $193 |
Property facts
Year built
2025
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,238 sqft
Lot size
9,148 sqft
ZIP code
48875
City
Portland
Street
Penn Ct
Coordinates
42.88542, -84.88934
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,857
Gross rental yield
9.69%
Implied cap rate
6.30%
Trend-extrapolated value
—
Frequently asked questions
When did 7040 Penn Ct last sell?
7040 Penn Ct most recently sold on Aug 12, 2022 for $230,000.
What is the current tax assessment for 7040 Penn Ct?
The most recent total assessment for 7040 Penn Ct (year 2025) is $80,800 with $2,300 in property tax.
How does 7040 Penn Ct's assessment compare to its last sale price?
The current assessment is 64.9% below the last sale price of $230,000.
When was 7040 Penn Ct built?
7040 Penn Ct was built in 2025.
How does 7040 Penn Ct compare to others on Penn Ct?
We track 8 other properties on Penn Ct. Browse the list under "Other properties on Penn Ct" to compare beds, baths, and sale history.
What are the property facts for 7040 Penn Ct?
7040 Penn Ct is a 2 bed, 2 bath, 1,238 sqft, 9,148 sqft lot single_family.
Is 7040 Penn Ct a flip candidate?
No — 7040 Penn Ct does not appear in our flips dataset.
Is 7040 Penn Ct a tax-appeal candidate?
No — 7040 Penn Ct is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+7.2%
Implied 1-yr
+28.6%
2026 Q3
$335.2K
2026 Q4
$351.6K
ZIP 48875 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Penn Ct