506 Lakewood Rd
Twin Lake, MI 49457
3 bd 1 ba 1,076 sqft Built 1993 Lot 47,045 sqft single_family
Most recent sale
$225,000
Jun 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 27, 2025 | Sold | $250,000 | MichRic |
| Sep 14, 2024 | Listed | $299,999 | MichRic |
| Jun 30, 2022 | Sold | $225,000 | MichRic |
| Jun 27, 2022 | Sold | $225,000 | Public Record |
| May 13, 2022 | Listed | $225,000 | MLS #22017816 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $67,500 | $1,002 |
| 2020 | — | — | $58,100 | $1,846 |
| 2019 | — | — | $55,700 | $1,815 |
| 2018 | — | — | $51,000 | $1,642 |
| 2017 | — | — | $49,900 | $1,745 |
| 2016 | — | — | $46,800 | $477 |
| 2015 | — | — | $43,900 | $1,682 |
| 2014 | — | — | $39,800 | $1,656 |
| 2013 | — | — | $39,000 | $1,459 |
| 2012 | — | — | $41,000 | $1,534 |
| 2011 | — | — | $42,300 | $1,704 |
| 2010 | — | — | $46,000 | $1,842 |
| 2009 | — | — | $53,100 | $1,830 |
Property facts
Year built
1993
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,076 sqft
Lot size
47,045 sqft
ZIP code
49457
City
Twin Lake
Street
Lakewood Rd
Coordinates
43.36905, -86.25439
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,614
Gross rental yield
8.61%
Implied cap rate
5.60%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Lakewood Rd last sell?
506 Lakewood Rd most recently sold on Jun 27, 2022 for $225,000.
What is the current tax assessment for 506 Lakewood Rd?
The most recent total assessment for 506 Lakewood Rd (year 2021) is $67,500 with $1,002 in property tax.
How does 506 Lakewood Rd's assessment compare to its last sale price?
The current assessment is 70.0% below the last sale price of $225,000.
When was 506 Lakewood Rd built?
506 Lakewood Rd was built in 1993.
How does 506 Lakewood Rd compare to others on Lakewood Rd?
We track 8 other properties on Lakewood Rd. Browse the list under "Other properties on Lakewood Rd" to compare beds, baths, and sale history.
What are the property facts for 506 Lakewood Rd?
506 Lakewood Rd is a 3 bed, 1 bath, 1,076 sqft, 47,045 sqft lot single_family.
Is 506 Lakewood Rd a flip candidate?
No — 506 Lakewood Rd does not appear in our flips dataset.
Is 506 Lakewood Rd a tax-appeal candidate?
No — 506 Lakewood 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
+2.8%
Implied 1-yr
+11.3%
2026 Q3
$327.4K
2026 Q4
$327.4K
ZIP 49457 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lakewood Rd