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5115 Carpenter Rd

Tawas City, MI 48763

2 bd 1 ba 1,156 sqft Built 1980 Lot 100,624 sqft single_family
Most recent sale
$150,000
Oct 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 12, 2022 Sold $150,000 MLS #1902280
Jul 8, 2022 Listed $150,000 MLS #1902280
Jun 1, 2007 Sold $80,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $55,500 $500
2020 $50,600 $960
2019 $45,700 $945
2018 $43,300 $925
2017 $42,000 $870
2016 $41,400 $839
2015 $39,300 $836
2014 $40,900 $884
2013 $40,200 $858
2012 $49,100 $1,040
2011 $3,300 $141
2010 $3,300 $142

Property facts

Year built
1980
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,156 sqft
Lot size
100,624 sqft
ZIP code
48763
City
Tawas City
Street
Carpenter Rd
Coordinates
44.28461, -83.72816

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
$1,734
Gross rental yield
13.87%
Implied cap rate
9.02%
Trend-extrapolated value

Frequently asked questions

When did 5115 Carpenter Rd last sell?
5115 Carpenter Rd most recently sold on Oct 12, 2022 for $150,000.
What is the current tax assessment for 5115 Carpenter Rd?
The most recent total assessment for 5115 Carpenter Rd (year 2021) is $55,500 with $500 in property tax.
How does 5115 Carpenter Rd's assessment compare to its last sale price?
The current assessment is 63.0% below the last sale price of $150,000.
When was 5115 Carpenter Rd built?
5115 Carpenter Rd was built in 1980.
How does 5115 Carpenter Rd compare to others on Carpenter Rd?
We track 8 other properties on Carpenter Rd. Browse the list under "Other properties on Carpenter Rd" to compare beds, baths, and sale history.
What are the property facts for 5115 Carpenter Rd?
5115 Carpenter Rd is a 2 bed, 1 bath, 1,156 sqft, 100,624 sqft lot single_family.
Is 5115 Carpenter Rd a flip candidate?
No — 5115 Carpenter Rd does not appear in our flips dataset.
Is 5115 Carpenter Rd a tax-appeal candidate?
No — 5115 Carpenter 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
-0.9%
Implied 1-yr
-3.6%
2026 Q3
$202.2K
2026 Q4
$200.2K
ZIP 48763 — Median Price History + Forecast

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