5840 Terrace Ridge Dr
Rockford, MI 49341
4 bd 4 ba 2,300 sqft Built 1999 Lot 65,340 sqft single_family
Most recent sale
$415,000
Aug 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 15, 2022 | Sold | $415,000 | Public Record |
| Jun 17, 2022 | Price changed | $415,000 | MLS #22021734 |
| Jun 3, 2022 | Listed | $425,000 | MLS #22021734 |
| Aug 30, 2013 | Sold | $195,000 | Public Record |
| Jul 8, 2013 | Listed | $199,900 | MLS #13040326 |
| May 10, 2004 | Sold | $187,500 | Public Record |
| Jun 21, 2000 | Sold | $185,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $134,200 | $2,317 |
| 2020 | — | — | $119,500 | $2,929 |
| 2019 | — | — | $116,500 | $2,887 |
| 2018 | — | — | $112,200 | $2,920 |
| 2017 | — | — | $105,700 | $2,831 |
| 2016 | — | — | $101,600 | $2,733 |
| 2015 | — | — | $96,400 | $2,688 |
| 2014 | — | — | $86,300 | $2,637 |
| 2013 | — | — | $83,800 | $2,508 |
| 2012 | — | — | $82,500 | $2,470 |
| 2011 | — | — | $84,800 | $2,538 |
| 2009 | — | — | $89,800 | $2,688 |
Property facts
Year built
1999
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,300 sqft
Lot size
65,340 sqft
ZIP code
49341
City
Rockford
Street
Terrace Ridge Dr
Coordinates
43.15953, -85.52499
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,450
Gross rental yield
9.98%
Implied cap rate
6.48%
Trend-extrapolated value
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Frequently asked questions
When did 5840 Terrace Ridge Dr last sell?
5840 Terrace Ridge Dr most recently sold on Aug 15, 2022 for $415,000.
What is the current tax assessment for 5840 Terrace Ridge Dr?
The most recent total assessment for 5840 Terrace Ridge Dr (year 2021) is $134,200 with $2,317 in property tax.
How does 5840 Terrace Ridge Dr's assessment compare to its last sale price?
The current assessment is 67.7% below the last sale price of $415,000.
When was 5840 Terrace Ridge Dr built?
5840 Terrace Ridge Dr was built in 1999.
How does 5840 Terrace Ridge Dr compare to others on Terrace Ridge Dr?
We track 5 other properties on Terrace Ridge Dr. Browse the list under "Other properties on Terrace Ridge Dr" to compare beds, baths, and sale history.
What are the property facts for 5840 Terrace Ridge Dr?
5840 Terrace Ridge Dr is a 4 bed, 4 bath, 2,300 sqft, 65,340 sqft lot single_family.
Is 5840 Terrace Ridge Dr a flip candidate?
No — 5840 Terrace Ridge Dr does not appear in our flips dataset.
Is 5840 Terrace Ridge Dr a tax-appeal candidate?
No — 5840 Terrace Ridge Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.6%
Implied 1-yr
+14.4%
2026 Q3
$682.4K
2026 Q4
$702.3K
ZIP 49341 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrace Ridge Dr