40240 Wear Rd
Sumpter Township, MI 48111
4 bd 2 ba 1,757 sqft Built 1920 Lot 72,310 sqft single_family
Most recent sale
$283,500
Nov 17, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 17, 2023 | Sold | $283,500 | Realcomp |
| Oct 18, 2023 | Listed | $279,900 | Realcomp |
| Apr 19, 2018 | Sold | $215,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $112,000 | $3,786 |
| 2021 | — | — | $118,200 | $3,706 |
| 2020 | — | — | $99,700 | $3,668 |
| 2019 | — | — | $96,300 | $3,612 |
| 2018 | — | — | $83,500 | $1,824 |
| 2017 | — | — | $82,000 | $1,811 |
| 2016 | — | — | $79,500 | $1,694 |
| 2015 | — | — | $75,900 | $1,640 |
| 2014 | — | — | $57,800 | $1,587 |
| 2013 | — | — | $54,900 | $1,554 |
| 2012 | — | — | $52,600 | $1,418 |
| 2011 | — | — | $56,500 | $1,422 |
| 2010 | — | — | $64,500 | $1,304 |
| 2009 | — | — | $69,300 | $1,274 |
| 2008 | — | — | $82,500 | $481 |
| 2007 | — | — | $84,800 | $470 |
Property facts
Year built
1920
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,757 sqft
Lot size
72,310 sqft
ZIP code
48111
City
Sumpter Township
Street
Wear Rd
Coordinates
42.12463, -83.42971
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,636
Gross rental yield
11.16%
Implied cap rate
7.25%
Trend-extrapolated value
—
Frequently asked questions
When did 40240 Wear Rd last sell?
40240 Wear Rd most recently sold on Nov 17, 2023 for $283,500.
What is the current tax assessment for 40240 Wear Rd?
The most recent total assessment for 40240 Wear Rd (year 2022) is $112,000 with $3,786 in property tax.
How does 40240 Wear Rd's assessment compare to its last sale price?
The current assessment is 60.5% below the last sale price of $283,500.
When was 40240 Wear Rd built?
40240 Wear Rd was built in 1920.
How does 40240 Wear Rd compare to others on Wear Rd?
We track 8 other properties on Wear Rd. Browse the list under "Other properties on Wear Rd" to compare beds, baths, and sale history.
What are the property facts for 40240 Wear Rd?
40240 Wear Rd is a 4 bed, 2 bath, 1,757 sqft, 72,310 sqft lot single_family.
Is 40240 Wear Rd a flip candidate?
No — 40240 Wear Rd does not appear in our flips dataset.
Is 40240 Wear Rd a tax-appeal candidate?
No — 40240 Wear Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.7%
Implied 1-yr
-10.8%
2026 Q3
$176.2K
2026 Q4
$170.4K
ZIP 48111 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Wear Rd