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240 Wright Ave

Shepherd, MI 48883

3 bd 2 ba 1,465 sqft Built 1920 Lot 11,326 sqft single_family
Most recent sale
$146,000
Feb 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 18, 2022 Sold $146,000 MLS #1895975
Jan 19, 2022 Price changed $139,900 MLS #1895975
Jan 5, 2022 Listed $149,900 MLS #1895975

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $42,900 $1,314
2019 $38,400 $865
2018 $33,300 $1,251
2017 $33,400 $1,137
2016 $33,800 $1,127
2015 $33,000 $1,164
2013 $32,700 $1,335
2010 $33,200 $875
2009 $33,200 $1,243

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,465 sqft
Lot size
11,326 sqft
ZIP code
48883
City
Shepherd
Street
Wright Ave
Coordinates
43.52389, -84.68600

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
$876
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 240 Wright Ave last sell?
240 Wright Ave most recently sold on Feb 18, 2022 for $146,000.
What is the current tax assessment for 240 Wright Ave?
The most recent total assessment for 240 Wright Ave (year 2020) is $42,900 with $1,314 in property tax.
How does 240 Wright Ave's assessment compare to its last sale price?
The current assessment is 70.6% below the last sale price of $146,000.
When was 240 Wright Ave built?
240 Wright Ave was built in 1920.
How does 240 Wright Ave compare to others on Wright Ave?
We track 8 other properties on Wright Ave. Browse the list under "Other properties on Wright Ave" to compare beds, baths, and sale history.
What are the property facts for 240 Wright Ave?
240 Wright Ave is a 3 bed, 2 bath, 1,465 sqft, 11,326 sqft lot single_family.
Is 240 Wright Ave a flip candidate?
No — 240 Wright Ave does not appear in our flips dataset.
Is 240 Wright Ave a tax-appeal candidate?
No — 240 Wright Ave 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
-0.4%
Implied 1-yr
-1.6%
2026 Q2
$164.5K
2026 Q3
$163.8K
ZIP 48883 — Median Price History + Forecast

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